Drilling Tools International Corp. (DTI) vs Ranger Energy Services, Inc. (RNGR)

Drilling Tools International Corp. and Ranger Energy Services, Inc. are both Oil & Gas Equipment & Services companies. Ranger Energy Services, Inc. is the larger, with a market value of $361.8M against $86.4M — 4.2× the size. Drilling Tools International Corp. has negative trailing earnings, so its P/E is not meaningful; Ranger Energy Services, Inc. trades at 25.0×. Ranger Energy Services, Inc. grew revenue faster over the last twelve months: 6.08% against −5.48%. Ranger Energy Services, Inc. has the higher net margin (2.36% vs −1.96%) and the higher return on invested capital (4.54% vs 1.42%). Across the 19 metrics below, Ranger Energy Services, Inc. leads on 14 and Drilling Tools International Corp. on 5.

Valuation

Metric DTI RNGR Oil & Gas Equipment & Services median
P/E n/m 25.02 24.78
P/S 0.56 0.61 1.28
P/B 0.72 1.21 1.85
Price to free cash flow 17.23 14.53 15.03
EV/EBITDA 4.35 4.93 8.93
EV/Sales 0.90 0.64 1.40
Earnings yield (3.67%) 4.00% 3.12%
Free cash flow yield 5.80% 6.88% 5.01%

Profitability

Metric DTI RNGR Oil & Gas Equipment & Services median
Gross margin 72.51% 17.67% 23.27%
Operating margin 2.53% 3.74% 9.34%
Net margin (1.96%) 2.36% 4.69%
Free cash flow margin 3.27% 4.17% 5.05%
Return on equity (2.49%) 4.93% 4.92%
Return on assets (1.31%) 3.37% 2.37%
Return on invested capital 1.42% 4.54% 4.32%

Growth

Metric DTI RNGR Oil & Gas Equipment & Services median
Revenue growth (TTM) (5.48%) 6.08% 6.08%
EPS growth (last fiscal year) (222.22%) (33.33%) —
Revenue growth, 5-year CAGR — 23.83% 10.60%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric DTI RNGR Oil & Gas Equipment & Services median
Debt to equity 0.45 0.05 0.46
Current ratio 2.18 1.73 2.11
Net debt to EBITDA 1.10 (0.11) 0.76

Dividend

Metric DTI RNGR Oil & Gas Equipment & Services median
Dividend yield — 1.02% 2.12%
Payout ratio — 0.00 0.00

Size

Metric DTI RNGR Oil & Gas Equipment & Services median
Market cap 86.44m 361.80m 1.81b

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