Vaalco Energy Inc (EGY) vs Geopark Ltd (GPRK)

Vaalco Energy Inc and Geopark Ltd are both Oil & Gas E&P companies. Geopark Ltd is the larger, with a market value of $735.9M against $621.7M — 1.2× the size. Vaalco Energy Inc has negative trailing earnings, so its P/E is not meaningful; Geopark Ltd trades at 7.6×. Geopark Ltd grew revenue faster over the last twelve months: −9.51% against −25.5%. Geopark Ltd has the higher net margin (16.0% vs −31.1%) and the higher return on invested capital (14.0% vs −3.95%). Both pay a dividend; Vaalco Energy Inc yields more (6.65% vs 6.18%). Across the 20 metrics below, Geopark Ltd leads on 14 and Vaalco Energy Inc on 6.

Valuation

Metric EGY GPRK Oil & Gas E&P median
P/E n/m 7.55 10.57
P/S 1.74 1.41 1.80
P/B 1.60 1.96 1.27
Price to free cash flow n/m 5.55 9.99
EV/EBITDA 12.06 3.90 5.08
EV/Sales 2.34 2.03 2.39
Earnings yield (18.21%) 13.24% 6.06%
Free cash flow yield (22.02%) 18.03% 6.17%

Profitability

Metric EGY GPRK Oil & Gas E&P median
Gross margin 100.00% 67.71% 80.41%
Operating margin (10.44%) 29.94% 21.39%
Net margin (31.11%) 16.00% 14.17%
Free cash flow margin (38.30%) 25.47% 9.71%
Return on equity (24.40%) 28.57% 10.05%
Return on assets (11.26%) 6.88% 5.81%
Return on invested capital (3.95%) 13.99% 6.32%

Growth

Metric EGY GPRK Oil & Gas E&P median
Revenue growth (TTM) (25.46%) (9.51%) 9.94%
EPS growth (last fiscal year) (171.43%) (48.37%) —
Revenue growth, 5-year CAGR 39.84% 4.58% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EGY GPRK Oil & Gas E&P median
Debt to equity 0.60 1.74 0.28
Current ratio 0.44 1.17 0.96
Net debt to EBITDA 0.65 1.88 0.91

Dividend

Metric EGY GPRK Oil & Gas E&P median
Dividend yield 6.65% 6.18% 4.93%
Payout ratio 0.51 0.16 0.07

Size

Metric EGY GPRK Oil & Gas E&P median
Market cap 621.68m 735.92m 923.59m

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