Ecopetrol S.A. (EC) vs Transportadora De Gas Sa Ord B (TGS)

Ecopetrol S.A. and Transportadora De Gas Sa Ord B are both Oil & Gas Integrated companies. Ecopetrol S.A. is the larger, with a market value of $36.4B against $1.8B — 20.1× the size. Transportadora De Gas Sa Ord B trades at the lower P/E: 11.8× against 14.2×. Transportadora De Gas Sa Ord B grew revenue faster over the last twelve months: 1.59% against −76.8%. Transportadora De Gas Sa Ord B has the higher net margin (24.7% vs 11.7%) and the higher return on invested capital (16.3% vs 9.16%). Across the 22 metrics below, Transportadora De Gas Sa Ord B leads on 17 and Ecopetrol S.A. on 5.

Valuation

Metric EC TGS Oil & Gas Integrated median
P/E 14.21 11.82 12.62
P/S 1.14 2.76 1.29
P/B 1.72 1.57 1.62
Price to free cash flow 7.41 28.71 10.23
EV/EBITDA 5.10 4.86 4.86
EV/Sales 2.00 2.65 1.52
Earnings yield 7.04% 8.46% 7.04%
Free cash flow yield 13.49% 3.48% 6.09%

Profitability

Metric EC TGS Oil & Gas Integrated median
Gross margin 36.64% 54.52% 39.18%
Operating margin 27.60% 42.82% 14.90%
Net margin 11.72% 24.70% 8.88%
Free cash flow margin 15.34% 9.61% 9.61%
Return on equity 0.00% 14.71% 12.22%
Return on assets 5.27% 9.43% 6.47%
Return on invested capital 9.16% 16.27% 10.61%

Growth

Metric EC TGS Oil & Gas Integrated median
Revenue growth (TTM) (76.82%) 1.59% 5.63%
EPS growth (last fiscal year) (24.10%) (15.56%) (14.54%)
Revenue growth, 5-year CAGR (18.18%) 11.65% 12.04%
Net income growth, 5-year CAGR 0.34% 48.47% 0.00%

Health

Metric EC TGS Oil & Gas Integrated median
Debt to equity 0.96 0.44 0.55
Current ratio 1.51 5.11 1.18
Net debt to EBITDA 2.26 (0.11) 0.80

Dividend

Metric EC TGS Oil & Gas Integrated median
Dividend yield 3.69% — 3.24%
Payout ratio 0.52 — 0.52

Size

Metric EC TGS Oil & Gas Integrated median
Market cap 36.39b 1.81b 58.96b

Compare with another peer

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