Drilling Tools International Corp. (DTI) vs Nine Energy Service, Inc. (NINE)

Drilling Tools International Corp. and Nine Energy Service, Inc. are both Oil & Gas Equipment & Services companies. Nine Energy Service, Inc. is the larger, with a market value of $109.4M against $56.6M — 1.9× the size. Drilling Tools International Corp. has negative trailing earnings, so its P/E is not meaningful; Nine Energy Service, Inc. trades at 9.1×. Drilling Tools International Corp. grew revenue faster over the last twelve months: −5.48% against −7.15%. Nine Energy Service, Inc. has the higher net margin (12.7% vs −1.96%) and the lower return on invested capital (−6.36% vs 1.42%). Across the 18 metrics below, Drilling Tools International Corp. leads on 10 and Nine Energy Service, Inc. on 8.

Valuation

Metric DTI NINE Oil & Gas Equipment & Services median
P/E n/m 9.10 21.47
P/S 0.34 0.18 1.18
P/B 0.44 0.76 1.72
Price to free cash flow 10.48 n/m 13.81
EV/EBITDA 3.29 4.56 8.77
EV/Sales 0.68 0.33 1.32
Earnings yield (6.04%) 10.99% 4.14%
Free cash flow yield 9.54% (40.48%) 4.85%

Profitability

Metric DTI NINE Oil & Gas Equipment & Services median
Gross margin 72.51% 13.91% 23.47%
Operating margin 2.53% (3.99%) 7.40%
Net margin (1.96%) 12.66% 4.12%
Free cash flow margin 3.27% (7.46%) 2.08%
Return on equity (2.49%) 283.76% 4.55%
Return on assets (1.31%) 20.00% 2.45%
Return on invested capital 1.42% (6.36%) 4.26%

Growth

Metric DTI NINE Oil & Gas Equipment & Services median
Revenue growth (TTM) (5.48%) (7.15%) 4.29%
EPS growth (last fiscal year) (222.22%) (13.49%) (13.00%)
Revenue growth, 5-year CAGR — 12.57% 12.57%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric DTI NINE Oil & Gas Equipment & Services median
Debt to equity 0.45 0.76 0.45
Current ratio 2.18 2.34 2.05
Net debt to EBITDA 1.10 4.95 1.12

Dividend

Metric DTI NINE Oil & Gas Equipment & Services median
Dividend yield — — 1.53%
Payout ratio — — 0.39

Size

Metric DTI NINE Oil & Gas Equipment & Services median
Market cap 56.63m 109.37m 1.59b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack