Cosan S.A. Sponsored ADR (CSANY) vs Icahn Enterprises L.P. (IEP)

Cosan S.A. Sponsored ADR and Icahn Enterprises L.P. are both Oil & Gas Refining & Marketing companies. Icahn Enterprises L.P. is the larger, with a market value of $4.7B against $2.7B — 1.7× the size. Icahn Enterprises L.P. grew revenue faster over the last twelve months: 10.6% against −6.49%. Icahn Enterprises L.P. has the higher net margin (−4.86% vs −23.8%) and the lower return on invested capital (1.84% vs 8.58%). Only Icahn Enterprises L.P. pays a dividend (30.2%). Across the 20 metrics below, Icahn Enterprises L.P. leads on 11 and Cosan S.A. Sponsored ADR on 9.

Valuation

Metric CSANY IEP Oil & Gas Refining & Marketing median
P/E n/m n/m 16.35
P/S 0.53 0.42 0.44
P/B 0.69 2.07 2.05
Price to free cash flow 4.06 n/m 9.98
EV/EBITDA 4.66 8.60 8.04
EV/Sales 1.68 0.58 0.59
Earnings yield (62.03%) (11.16%) 5.71%
Free cash flow yield 24.66% (5.66%) 9.13%

Profitability

Metric CSANY IEP Oil & Gas Refining & Marketing median
Gross margin 33.59% 14.49% 12.22%
Operating margin 26.27% 1.07% 5.35%
Net margin (23.78%) (4.86%) 2.08%
Free cash flow margin 13.06% (2.37%) 4.25%
Return on equity (30.16%) (18.50%) 11.39%
Return on assets (7.57%) (3.71%) 5.22%
Return on invested capital 8.58% 1.84% 11.54%

Growth

Metric CSANY IEP Oil & Gas Refining & Marketing median
Revenue growth (TTM) (6.49%) 10.62% 13.37%
EPS growth (last fiscal year) 24.95% 44.68% 31.15%
Revenue growth, 5-year CAGR 12.79% 9.54% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CSANY IEP Oil & Gas Refining & Marketing median
Debt to equity 2.25 2.98 0.44
Current ratio 1.87 2.87 1.32
Net debt to EBITDA 2.88 1.12 2.07

Dividend

Metric CSANY IEP Oil & Gas Refining & Marketing median
Dividend yield 0.00% 30.17% 1.71%
Payout ratio — — 0.35

Size

Metric CSANY IEP Oil & Gas Refining & Marketing median
Market cap 2.71b 4.72b 4.71b

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