DHT Holdings, Inc. (DHT) vs Excelerate Energy, Inc. (EE)

DHT Holdings, Inc. and Excelerate Energy, Inc. are both Oil & Gas Midstream companies. DHT Holdings, Inc. and Excelerate Energy, Inc. are of similar size ($3.8B and $3.5B). DHT Holdings, Inc. trades at the lower P/E: 7.4× against 22.2×. Excelerate Energy, Inc. grew revenue faster over the last twelve months: 49.0% against 38.9%. DHT Holdings, Inc. has the higher net margin (65.5% vs 3.23%) and the higher return on invested capital (19.0% vs 6.44%). Both pay a dividend; DHT Holdings, Inc. yields more (15.0% vs 0.57%). Across the 22 metrics below, DHT Holdings, Inc. leads on 16 and Excelerate Energy, Inc. on 6.

Valuation

Metric DHT EE Oil & Gas Midstream median
P/E 7.41 22.21 13.19
P/S 4.85 0.71 2.60
P/B 2.64 0.46 2.08
Price to free cash flow 18.78 43.58 10.14
EV/EBITDA 6.35 3.95 8.11
EV/Sales 5.23 1.28 3.89
Earnings yield 13.50% 4.50% 6.83%
Free cash flow yield 5.33% 2.29% 6.94%

Profitability

Metric DHT EE Oil & Gas Midstream median
Gross margin 74.23% 37.48% 58.81%
Operating margin 67.31% 21.78% 32.14%
Net margin 65.52% 3.23% 21.16%
Free cash flow margin 25.84% 1.64% 10.15%
Return on equity 39.17% 2.15% 11.30%
Return on assets 29.26% 1.16% 5.00%
Return on invested capital 18.99% 6.44% 6.13%

Growth

Metric DHT EE Oil & Gas Midstream median
Revenue growth (TTM) 38.93% 48.97% 15.44%
EPS growth (last fiscal year) 16.96% 0.79% —
Revenue growth, 5-year CAGR (6.33%) 23.31% 8.96%
Net income growth, 5-year CAGR (4.54%) — 0.00%

Health

Metric DHT EE Oil & Gas Midstream median
Debt to equity 0.33 0.53 0.78
Current ratio 3.64 1.80 1.19
Net debt to EBITDA 1.05 1.65 3.42

Dividend

Metric DHT EE Oil & Gas Midstream median
Dividend yield 14.99% 0.57% 7.29%
Payout ratio 0.69 0.09 0.64

Size

Metric DHT EE Oil & Gas Midstream median
Market cap 3.47b 3.81b 3.61b

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