Clean Energy Fuels Corp. (CLNE) vs Delek US Holdings, Inc. (DK)

Clean Energy Fuels Corp. and Delek US Holdings, Inc. are both Oil & Gas Refining & Marketing companies. Delek US Holdings, Inc. is the larger, with a market value of $3.8B against $332.9M — 11.5× the size. Clean Energy Fuels Corp. has negative trailing earnings, so its P/E is not meaningful; Delek US Holdings, Inc. trades at 17.0×. Delek US Holdings, Inc. grew revenue faster over the last twelve months: 11.4% against 6.30%. Delek US Holdings, Inc. has the higher net margin (1.86% vs −17.0%) and the higher return on invested capital (12.2% vs −1.73%). Across the 20 metrics below, Delek US Holdings, Inc. leads on 16 and Clean Energy Fuels Corp. on 4.

Valuation

Metric CLNE DK Oil & Gas Refining & Marketing median
P/E n/m 17.01 8.38
P/S 0.74 0.32 0.33
P/B 0.58 9.08 1.70
Price to free cash flow 10.46 5.71 5.86
EV/EBITDA 22.95 6.37 4.96
EV/Sales 0.91 0.53 0.46
Earnings yield (24.00%) 5.88% 9.67%
Free cash flow yield 9.56% 17.51% 15.55%

Profitability

Metric CLNE DK Oil & Gas Refining & Marketing median
Gross margin 0.00% 7.12% 10.93%
Operating margin (3.96%) 4.84% 7.14%
Net margin (16.95%) 1.86% 2.70%
Free cash flow margin 15.55% 5.58% 6.17%
Return on equity (13.14%) 62.57% 21.95%
Return on assets (7.00%) 3.07% 5.76%
Return on invested capital (1.73%) 12.22% 13.74%

Growth

Metric CLNE DK Oil & Gas Refining & Marketing median
Revenue growth (TTM) 6.30% 11.40% 26.02%
EPS growth (last fiscal year) (172.97%) 95.67% 37.92%
Revenue growth, 5-year CAGR 7.81% 7.99% 13.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CLNE DK Oil & Gas Refining & Marketing median
Debt to equity 0.39 7.55 0.41
Current ratio 2.21 0.76 1.31
Net debt to EBITDA 16.90 3.73 2.07

Dividend

Metric CLNE DK Oil & Gas Refining & Marketing median
Dividend yield — 1.63% 2.20%
Payout ratio — 0.29 0.25

Size

Metric CLNE DK Oil & Gas Refining & Marketing median
Market cap 332.87m 3.83b 3.91b

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