CVR Energy Inc. (CVI) vs PBF Energy Inc. (PBF)

CVR Energy Inc. and PBF Energy Inc. are both Oil & Gas Refining & Marketing companies. PBF Energy Inc. is the larger, with a market value of $8.3B against $4.0B — 2.1× the size. PBF Energy Inc. trades at the lower P/E: 2.9× against 14.8×. CVR Energy Inc. grew revenue faster over the last twelve months: 34.4% against 31.5%. PBF Energy Inc. has the higher net margin (6.98% vs 2.70%) and the higher return on invested capital (30.9% vs 20.1%). Both pay a dividend; PBF Energy Inc. yields more (1.64% vs 1.51%). Across the 22 metrics below, PBF Energy Inc. leads on 17 and CVR Energy Inc. on 5.

Valuation

Metric CVI PBF Oil & Gas Refining & Marketing median
P/E 14.77 2.93 7.77
P/S 0.39 0.21 0.31
P/B 3.03 0.99 1.82
Price to free cash flow 4.59 3.07 5.68
EV/EBITDA 4.57 1.71 4.82
EV/Sales 0.44 0.20 0.44
Earnings yield 6.77% 34.14% 11.67%
Free cash flow yield 21.80% 32.62% 15.57%

Profitability

Metric CVI PBF Oil & Gas Refining & Marketing median
Gross margin 7.54% 15.91% 15.04%
Operating margin 5.72% 9.78% 9.16%
Net margin 2.70% 6.98% 3.96%
Free cash flow margin 8.45% 6.76% 7.06%
Return on equity 23.06% 40.28% 24.84%
Return on assets 6.04% 17.92% 6.65%
Return on invested capital 20.06% 30.87% 20.02%

Growth

Metric CVI PBF Oil & Gas Refining & Marketing median
Revenue growth (TTM) 34.42% 31.51% 27.30%
EPS growth (last fiscal year) 350.00% 69.78% 37.92%
Revenue growth, 5-year CAGR 12.75% 14.18% 13.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVI PBF Oil & Gas Refining & Marketing median
Debt to equity 1.41 0.26 0.48
Current ratio 1.73 1.59 1.33
Net debt to EBITDA 2.08 2.71 2.07

Dividend

Metric CVI PBF Oil & Gas Refining & Marketing median
Dividend yield 1.51% 1.64% 2.25%
Payout ratio 0.22 0.05 0.19

Size

Metric CVI PBF Oil & Gas Refining & Marketing median
Market cap 4.01b 8.29b 3.74b

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