Compass Diversified Holdings (CODI) vs Pampa Energia S.A. (PAM)

Compass Diversified Holdings and Pampa Energia S.A. are both Conglomerates companies. Pampa Energia S.A. is the larger, with a market value of $4.2B against $846.4M — 5.0× the size. Compass Diversified Holdings has negative trailing earnings, so its P/E is not meaningful; Pampa Energia S.A. trades at 7.4×. Pampa Energia S.A. grew revenue faster over the last twelve months: 28.9% against −4.83%. Pampa Energia S.A. has the higher net margin (23.6% vs −5.29%) and the higher return on invested capital (5.90% vs 1.84%). Both pay a dividend; Compass Diversified Holdings yields more (4.54% vs 0.02%). Across the 20 metrics below, Pampa Energia S.A. leads on 14 and Compass Diversified Holdings on 6.

Valuation

Metric CODI PAM Conglomerates median
P/E n/m 7.40 17.47
P/S 0.47 1.71 0.88
P/B 6.54 1.02 1.40
Price to free cash flow 10.63 n/m 12.58
EV/EBITDA 11.45 5.43 11.36
EV/Sales 1.31 2.25 1.37
Earnings yield (19.29%) 13.51% 0.65%
Free cash flow yield 9.41% (10.89%) 0.00%

Profitability

Metric CODI PAM Conglomerates median
Gross margin 44.59% 33.55% 33.55%
Operating margin 3.46% 20.94% 3.36%
Net margin (5.29%) 23.58% 0.97%
Free cash flow margin 4.44% (18.82%) (0.94%)
Return on equity (304.87%) 15.13% 0.75%
Return on assets (3.15%) 8.22% 0.10%
Return on invested capital 1.84% 5.90% 0.73%

Growth

Metric CODI PAM Conglomerates median
Revenue growth (TTM) (4.83%) 28.91% 8.17%
EPS growth (last fiscal year) (214.91%) (39.21%) —
Revenue growth, 5-year CAGR 5.29% 13.24% 6.01%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CODI PAM Conglomerates median
Debt to equity 2.61 0.64 0.48
Current ratio 2.26 3.64 1.79
Net debt to EBITDA 11.78 0.96 1.36

Dividend

Metric CODI PAM Conglomerates median
Dividend yield 4.54% 0.02% 2.53%
Payout ratio — 0.00 0.00

Size

Metric CODI PAM Conglomerates median
Market cap 846.40m 4.21b 519.65m

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