Dawson Geophysical Company (DWSN) vs Natural Gas Services Group, Inc. (NGS)

Dawson Geophysical Company and Natural Gas Services Group, Inc. are both Oil & Gas Equipment & Services companies. Natural Gas Services Group, Inc. is the larger, with a market value of $429.5M against $95.7M — 4.5× the size. Natural Gas Services Group, Inc. trades at the lower P/E: 20.1× against 24.1×. Dawson Geophysical Company grew revenue faster over the last twelve months: 86.3% against 15.4%. Natural Gas Services Group, Inc. has the higher net margin (10.8% vs 3.49%) and the lower return on invested capital (4.10% vs 12.4%). Across the 21 metrics below, Dawson Geophysical Company leads on 12 and Natural Gas Services Group, Inc. on 9.

Valuation

Metric DWSN NGS Oil & Gas Equipment & Services median
P/E 24.08 20.12 24.78
P/S 0.86 2.19 1.28
P/B 4.48 1.41 1.85
Price to free cash flow n/m n/m 15.03
EV/EBITDA 7.82 9.00 8.93
EV/Sales 0.90 3.92 1.40
Earnings yield 4.15% 4.97% 3.12%
Free cash flow yield (4.69%) (7.51%) 5.01%

Profitability

Metric DWSN NGS Oil & Gas Equipment & Services median
Gross margin 22.31% 59.72% 23.27%
Operating margin 4.59% 21.57% 9.34%
Net margin 3.49% 10.81% 4.69%
Free cash flow margin (4.03%) (16.47%) 5.05%
Return on equity 19.96% 7.30% 4.92%
Return on assets 7.20% 3.29% 2.37%
Return on invested capital 12.43% 4.10% 4.32%

Growth

Metric DWSN NGS Oil & Gas Equipment & Services median
Revenue growth (TTM) 86.31% 15.42% 6.08%
EPS growth (last fiscal year) 53.85% 14.60% —
Revenue growth, 5-year CAGR (2.56%) 20.42% 10.60%
Net income growth, 5-year CAGR 0.00% 61.60% 0.00%

Health

Metric DWSN NGS Oil & Gas Equipment & Services median
Debt to equity 0.51 1.11 0.46
Current ratio 0.87 2.01 2.11
Net debt to EBITDA 1.51 3.06 0.76

Dividend

Metric DWSN NGS Oil & Gas Equipment & Services median
Dividend yield — — 2.12%
Payout ratio 0.00 0.00 0.00

Size

Metric DWSN NGS Oil & Gas Equipment & Services median
Market cap 95.65m 429.51m 1.81b

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