Excelerate Energy, Inc. (EE) vs TORM PLC (TRMD)

Excelerate Energy, Inc. and TORM PLC are both Oil & Gas Midstream companies. Excelerate Energy, Inc. and TORM PLC are of similar size ($3.8B and $3.5B). TORM PLC trades at the lower P/E: 5.5× against 22.2×. Excelerate Energy, Inc. grew revenue faster over the last twelve months: 49.0% against 33.2%. TORM PLC has the higher net margin (35.5% vs 3.23%) and the higher return on invested capital (13.2% vs 6.44%). Both pay a dividend; TORM PLC yields more (17.7% vs 0.57%). Across the 22 metrics below, TORM PLC leads on 15 and Excelerate Energy, Inc. on 7.

Valuation

Metric EE TRMD Oil & Gas Midstream median
P/E 22.21 5.54 13.19
P/S 0.71 1.99 2.60
P/B 0.46 1.38 2.08
Price to free cash flow 43.58 12.75 10.14
EV/EBITDA 3.95 4.60 8.11
EV/Sales 1.28 2.40 3.89
Earnings yield 4.50% 18.04% 6.83%
Free cash flow yield 2.29% 7.84% 6.94%

Profitability

Metric EE TRMD Oil & Gas Midstream median
Gross margin 37.48% 85.12% 58.81%
Operating margin 21.78% 39.07% 32.14%
Net margin 3.23% 35.48% 21.16%
Free cash flow margin 1.64% 15.63% 10.15%
Return on equity 2.15% 26.82% 11.30%
Return on assets 1.16% 17.30% 5.00%
Return on invested capital 6.44% 13.19% 6.13%

Growth

Metric EE TRMD Oil & Gas Midstream median
Revenue growth (TTM) 48.97% 33.16% 15.44%
EPS growth (last fiscal year) 0.79% (55.19%) —
Revenue growth, 5-year CAGR 23.31% 12.38% 8.96%
Net income growth, 5-year CAGR — 26.49% 0.00%

Health

Metric EE TRMD Oil & Gas Midstream median
Debt to equity 0.53 0.42 0.78
Current ratio 1.80 2.27 1.19
Net debt to EBITDA 1.65 1.52 3.42

Dividend

Metric EE TRMD Oil & Gas Midstream median
Dividend yield 0.57% 17.65% 7.29%
Payout ratio 0.09 0.65 0.64

Size

Metric EE TRMD Oil & Gas Midstream median
Market cap 3.81b 3.54b 3.61b

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