Evolution Petroleum Corporation, Inc. (EPM) vs Pedevco Corp. (PED)

Evolution Petroleum Corporation, Inc. and Pedevco Corp. are both Oil & Gas E&P companies. Pedevco Corp. is the larger, with a market value of $181.7M against $145.8M — 1.2× the size. Pedevco Corp. grew revenue faster over the last twelve months: 229.4% against 0.59%. Evolution Petroleum Corporation, Inc. has the higher net margin (−2.81% vs −14.6%) and the lower return on invested capital (1.96% vs 3.73%). Across the 18 metrics below, Pedevco Corp. leads on 10 and Evolution Petroleum Corporation, Inc. on 8.

Valuation

Metric EPM PED Oil & Gas E&P median
P/E n/m n/m 10.57
P/S 1.40 1.50 1.80
P/B 2.00 0.87 1.27
Price to free cash flow n/m n/m 9.99
EV/EBITDA 6.48 4.90 5.08
EV/Sales 1.98 2.12 2.39
Earnings yield (2.27%) (29.59%) 6.06%
Free cash flow yield (3.02%) (2.61%) 6.17%

Profitability

Metric EPM PED Oil & Gas E&P median
Gross margin 100.00% 100.00% 80.41%
Operating margin 4.03% 14.01% 21.39%
Net margin (2.81%) (14.61%) 14.17%
Free cash flow margin (4.24%) 26.74% 9.71%
Return on equity (3.67%) (10.60%) 10.05%
Return on assets (1.48%) (6.85%) 5.81%
Return on invested capital 1.96% 3.73% 6.32%

Growth

Metric EPM PED Oil & Gas E&P median
Revenue growth (TTM) 0.59% 229.37% 9.94%
EPS growth (last fiscal year) (281.00%) (181.67%) —
Revenue growth, 5-year CAGR 21.43% 41.52% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EPM PED Oil & Gas E&P median
Debt to equity 0.94 0.42 0.28
Current ratio 0.92 0.78 0.96
Net debt to EBITDA 1.91 7.91 0.91

Dividend

Metric EPM PED Oil & Gas E&P median
Dividend yield 8.70% — 4.93%
Payout ratio 0.46 0.00 0.07

Size

Metric EPM PED Oil & Gas E&P median
Market cap 145.83m 181.70m 923.59m

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