Enerflex Ltd. (EFXT) vs Select Water Solutions, Inc. (WTTR)

Enerflex Ltd. and Select Water Solutions, Inc. are both Oil & Gas Equipment & Services companies. Enerflex Ltd. and Select Water Solutions, Inc. are of similar size ($2.8B and $2.7B). Enerflex Ltd. trades at the lower P/E: 54.8× against 73.7×. Enerflex Ltd. grew revenue faster over the last twelve months: 10.4% against −1.95%. Select Water Solutions, Inc. has the higher net margin (2.24% vs 2.06%) and the lower return on invested capital (2.30% vs 10.7%). Both pay a dividend; Select Water Solutions, Inc. yields more (2.75% vs 1.40%). Across the 22 metrics below, Enerflex Ltd. leads on 15 and Select Water Solutions, Inc. on 7.

Valuation

Metric EFXT WTTR Oil & Gas Equipment & Services median
P/E 54.81 73.67 24.78
P/S 1.12 1.88 1.28
P/B 2.46 2.37 1.85
Price to free cash flow 8.13 n/m 15.03
EV/EBITDA 7.78 11.96 8.93
EV/Sales 1.33 2.04 1.40
Earnings yield 1.82% 1.36% 3.12%
Free cash flow yield 12.30% (2.74%) 5.01%

Profitability

Metric EFXT WTTR Oil & Gas Equipment & Services median
Gross margin 23.31% 16.15% 23.27%
Operating margin 11.09% 3.51% 9.34%
Net margin 2.06% 2.24% 4.69%
Free cash flow margin 13.89% (5.17%) 5.05%
Return on equity 4.61% 3.10% 4.92%
Return on assets 1.86% 1.92% 2.37%
Return on invested capital 10.68% 2.30% 4.32%

Growth

Metric EFXT WTTR Oil & Gas Equipment & Services median
Revenue growth (TTM) 10.35% (1.95%) 6.08%
EPS growth (last fiscal year) 100.00% (30.00%) —
Revenue growth, 5-year CAGR 21.82% 18.39% 10.60%
Net income growth, 5-year CAGR (1.58%) 0.00% 0.00%

Health

Metric EFXT WTTR Oil & Gas Equipment & Services median
Debt to equity 0.49 0.23 0.46
Current ratio 1.19 1.58 2.11
Net debt to EBITDA 1.18 1.41 0.76

Dividend

Metric EFXT WTTR Oil & Gas Equipment & Services median
Dividend yield 1.40% 2.75% 2.12%
Payout ratio — 0.25 0.00

Size

Metric EFXT WTTR Oil & Gas Equipment & Services median
Market cap 2.84b 2.68b 1.81b

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