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

DHT Holdings, Inc. and Excelerate Energy, Inc. are both Oil & Gas Midstream companies. Excelerate Energy, Inc. is the larger, with a market value of $4.0B against $3.3B — 1.2× the size. DHT Holdings, Inc. trades at the lower P/E: 7.0× against 23.5×. DHT Holdings, Inc. grew revenue faster over the last twelve months: 38.9% against 16.2%. DHT Holdings, Inc. has the higher net margin (65.5% vs 3.47%) and the higher return on invested capital (19.0% vs 8.84%). Both pay a dividend; DHT Holdings, Inc. yields more (11.9% vs 0.94%). 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 7.02 23.49 11.68
P/S 4.60 0.80 2.39
P/B 2.50 0.48 1.68
Price to free cash flow 17.79 94.56 8.52
EV/EBITDA 6.04 4.06 9.03
EV/Sales 4.97 1.41 3.43
Earnings yield 14.25% 4.26% 7.78%
Free cash flow yield 5.62% 1.06% 7.11%

Profitability

Metric DHT EE Oil & Gas Midstream median
Gross margin 74.23% 0.00% 54.87%
Operating margin 67.31% 23.80% 34.73%
Net margin 65.52% 3.47% 20.12%
Free cash flow margin 25.84% 0.85% 14.43%
Return on equity 39.17% 2.12% 11.73%
Return on assets 29.26% 1.15% 4.43%
Return on invested capital 18.99% 8.84% 6.10%

Growth

Metric DHT EE Oil & Gas Midstream median
Revenue growth (TTM) 38.93% 16.22% 14.88%
EPS growth (last fiscal year) 16.96% 0.79% (7.78%)
Revenue growth, 5-year CAGR (6.33%) 23.31% 10.05%
Net income growth, 5-year CAGR (4.54%) — 0.00%

Health

Metric DHT EE Oil & Gas Midstream median
Debt to equity 0.33 0.00 0.77
Current ratio 3.64 1.95 1.19
Net debt to EBITDA 1.05 1.65 3.46

Dividend

Metric DHT EE Oil & Gas Midstream median
Dividend yield 11.88% 0.94% 4.94%
Payout ratio 0.83 0.23 0.73

Size

Metric DHT EE Oil & Gas Midstream median
Market cap 3.30b 4.01b 3.56b

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