Digi Power X Inc. (DGXX) vs Hallador Energy Company (HNRG)

Digi Power X Inc. and Hallador Energy Company are both Utilities Independent Power Producers companies. Hallador Energy Company is the larger, with a market value of $685.5M against $472.5M — 1.5× the size. Digi Power X Inc. has negative trailing earnings, so its P/E is not meaningful; Hallador Energy Company trades at 368×. Hallador Energy Company grew revenue faster over the last twelve months: 7.85% against −6.15%. Hallador Energy Company has the higher net margin (−0.20% vs −119.2%) and the higher return on invested capital (5.09% vs −15.6%). Across the 18 metrics below, Hallador Energy Company leads on 14 and Digi Power X Inc. on 4.

Valuation

Metric DGXX HNRG Utilities Independent Power Producers median
P/E n/m 368.00 25.63
P/S 12.98 1.53 2.78
P/B 1.48 3.65 3.29
Price to free cash flow n/m n/m —
EV/EBITDA n/m n/m 13.69
EV/Sales 8.27 1.55 3.62
Earnings yield (11.83%) 0.27% 2.03%
Free cash flow yield (33.03%) (6.81%) (1.89%)

Profitability

Metric DGXX HNRG Utilities Independent Power Producers median
Gross margin (26.25%) 43.61% 37.99%
Operating margin (100.97%) 3.58% 4.83%
Net margin (119.23%) (0.20%) 1.18%
Free cash flow margin (428.88%) (10.45%) 0.50%
Return on equity (24.71%) (0.58%) 1.70%
Return on assets (22.74%) (0.21%) 0.93%
Return on invested capital (15.55%) 5.09% 2.93%

Growth

Metric DGXX HNRG Utilities Independent Power Producers median
Revenue growth (TTM) (6.15%) 7.85% 12.80%
EPS growth (last fiscal year) (58.57%) 116.78% —
Revenue growth, 5-year CAGR 57.27% 13.96% 15.82%
Net income growth, 5-year CAGR 0.00% 0.00% 1.71%

Health

Metric DGXX HNRG Utilities Independent Power Producers median
Debt to equity 0.00 0.23 0.74
Current ratio 11.25 0.72 1.21
Net debt to EBITDA 5.03 4.05 3.88

Dividend

Metric DGXX HNRG Utilities Independent Power Producers median
Dividend yield — — —
Payout ratio 0.00 0.00 0.17

Size

Metric DGXX HNRG Utilities Independent Power Producers median
Market cap 472.54m 685.46m 11.01b

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