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 $4.7B against $332.9M — 14.1× the size. Clean Energy Fuels Corp. has negative trailing earnings, so its P/E is not meaningful; Delek US Holdings, Inc. trades at 20.8×. Delek US Holdings, Inc. grew revenue faster over the last twelve months: 11.4% against 5.18%. Delek US Holdings, Inc. has the higher net margin (1.86% vs −21.3%) and the higher return on invested capital (12.2% vs −3.11%). 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 20.81 16.35
P/S 0.75 0.39 0.44
P/B 0.59 11.11 2.05
Price to free cash flow 38.81 6.99 9.98
EV/EBITDA 23.78 7.22 8.04
EV/Sales 0.95 0.60 0.59
Earnings yield (29.33%) 4.80% 5.71%
Free cash flow yield 2.58% 14.32% 9.13%

Profitability

Metric CLNE DK Oil & Gas Refining & Marketing median
Gross margin 27.52% 7.12% 12.22%
Operating margin (7.31%) 4.84% 5.35%
Net margin (21.27%) 1.86% 2.08%
Free cash flow margin 1.92% 5.58% 4.25%
Return on equity (16.28%) 62.57% 11.39%
Return on assets (8.79%) 3.07% 5.22%
Return on invested capital (3.11%) 12.22% 11.54%

Growth

Metric CLNE DK Oil & Gas Refining & Marketing median
Revenue growth (TTM) 5.18% 11.40% 13.37%
EPS growth (last fiscal year) (172.97%) 95.67% 31.15%
Revenue growth, 5-year CAGR 7.81% 7.99% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CLNE DK Oil & Gas Refining & Marketing median
Debt to equity 0.41 7.55 0.44
Current ratio 2.48 0.76 1.32
Net debt to EBITDA 16.90 3.73 2.07

Dividend

Metric CLNE DK Oil & Gas Refining & Marketing median
Dividend yield — 1.33% 1.71%
Payout ratio — 0.29 0.35

Size

Metric CLNE DK Oil & Gas Refining & Marketing median
Market cap 332.87m 4.71b 4.71b

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