Enerflex Ltd. (EFXT) vs USA Compression Partners, LP (USAC)

Enerflex Ltd. and USA Compression Partners, LP are both Oil & Gas Equipment & Services companies. USA Compression Partners, LP is the larger, with a market value of $3.5B against $2.3B — 1.5× the size. USA Compression Partners, LP trades at the lower P/E: 21.5× against 32.7×. USA Compression Partners, LP grew revenue faster over the last twelve months: 29.4% against −3.55%. USA Compression Partners, LP has the higher net margin (12.4% vs 2.94%) and the lower return on invested capital (7.11% vs 10.3%). Both pay a dividend; USA Compression Partners, LP yields more (6.50% vs 0.65%). Across the 23 metrics below, USA Compression Partners, LP leads on 12 and Enerflex Ltd. on 11.

Valuation

Metric EFXT USAC Oil & Gas Equipment & Services median
P/E 32.72 21.45 20.53
P/S 0.96 2.74 1.08
P/B 1.90 13.59 1.64
Price to free cash flow 6.02 12.85 12.36
EV/EBITDA 6.58 9.55 8.00
EV/Sales 1.12 5.07 1.29
Earnings yield 3.06% 4.66% 3.88%
Free cash flow yield 16.60% 7.78% 5.18%

Profitability

Metric EFXT USAC Oil & Gas Equipment & Services median
Gross margin 23.55% 64.04% 22.88%
Operating margin 10.76% 28.88% 7.44%
Net margin 2.94% 12.40% 4.12%
Free cash flow margin 16.06% 21.31% 3.10%
Return on equity 5.98% 293.85% 5.46%
Return on assets 2.45% 4.99% 2.63%
Return on invested capital 10.33% 7.11% 4.26%

Growth

Metric EFXT USAC Oil & Gas Equipment & Services median
Revenue growth (TTM) (3.55%) 29.41% 4.65%
EPS growth (last fiscal year) 100.00% 18.06% (13.00%)
Revenue growth, 5-year CAGR 21.82% 8.37% 12.57%
Net income growth, 5-year CAGR (1.58%) 0.00% 0.00%

Health

Metric EFXT USAC Oil & Gas Equipment & Services median
Debt to equity 0.48 11.64 0.44
Current ratio 1.23 1.46 2.04
Net debt to EBITDA 1.18 4.14 1.12

Dividend

Metric EFXT USAC Oil & Gas Equipment & Services median
Dividend yield 0.65% 6.50% 1.49%
Payout ratio 0.21 1.39 0.36

Size

Metric EFXT USAC Oil & Gas Equipment & Services median
Market cap 2.30b 3.51b 1.44b

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