enCore Energy Corp. (EU) vs Uranium Energy Corp. (UEC)

enCore Energy Corp. and Uranium Energy Corp. are both Uranium companies. Uranium Energy Corp. is the larger, with a market value of $4.7B against $235.1M — 20.1× the size. Uranium Energy Corp. grew revenue faster over the last twelve months: 122.2% against 24.1%. Uranium Energy Corp. has the higher net margin (0.00% vs −112.8%) and the higher return on invested capital (−8.52% vs −11.2%). Across the 17 metrics below, Uranium Energy Corp. leads on 12 and enCore Energy Corp. on 5.

Valuation

Metric EU UEC Uranium median
P/E n/m n/m —
P/S 4.36 53.05 16.46
P/B 0.98 3.25 3.35
Price to free cash flow n/m n/m —
EV/EBITDA n/m n/m —
EV/Sales 5.40 47.46 14.86
Earnings yield (26.61%) (2.35%) (2.82%)
Free cash flow yield (26.89%) (2.66%) (4.18%)

Profitability

Metric EU UEC Uranium median
Gross margin 10.76% 39.64% 23.65%
Operating margin (91.23%) 0.00% 0.00%
Net margin (112.82%) 0.00% 0.00%
Free cash flow margin (115.39%) 0.00% 0.00%
Return on equity (23.08%) (8.96%) (11.34%)
Return on assets (16.06%) (8.14%) (8.14%)
Return on invested capital (11.19%) (8.52%) (4.64%)

Growth

Metric EU UEC Uranium median
Revenue growth (TTM) 24.09% 122.19% 43.30%
EPS growth (last fiscal year) 11.76% (192.86%) —
Revenue growth, 5-year CAGR — 49.25% —
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EU UEC Uranium median
Debt to equity 0.45 0.00 0.45
Current ratio 8.00 32.67 9.41
Net debt to EBITDA (0.25) 2.16 1.94

Dividend

Metric EU UEC Uranium median
Dividend yield — — —
Payout ratio — 0.00 0.00

Size

Metric EU UEC Uranium median
Market cap 235.08m 4.73b 2.40b

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