Genesis Energy, L.P. (GEL) vs Nordic American Tankers Limited (NAT)

Genesis Energy, L.P. and Nordic American Tankers Limited are both Oil & Gas Midstream companies. Genesis Energy, L.P. and Nordic American Tankers Limited are of similar size ($1.8B and $1.6B). Nordic American Tankers Limited trades at the lower P/E: 13.1× against 74.6×. Nordic American Tankers Limited grew revenue faster over the last twelve months: 28.7% against 16.6%. Nordic American Tankers Limited has the higher net margin (31.9% vs 1.34%) and the higher return on invested capital (13.3% vs 6.66%). Both pay a dividend; Nordic American Tankers Limited yields more (10.1% vs 5.37%). Across the 23 metrics below, Nordic American Tankers Limited leads on 15 and Genesis Energy, L.P. on 8.

Valuation

Metric GEL NAT Oil & Gas Midstream median
P/E 74.58 13.14 13.19
P/S 0.95 4.23 2.60
P/B 13.59 3.68 2.08
Price to free cash flow 4.97 7.87 10.14
EV/EBITDA 8.07 11.99 8.11
EV/Sales 2.67 4.94 3.89
Earnings yield 1.34% 7.61% 6.83%
Free cash flow yield 20.11% 12.70% 6.94%

Profitability

Metric GEL NAT Oil & Gas Midstream median
Gross margin 35.08% 55.22% 58.81%
Operating margin 19.12% 41.19% 32.14%
Net margin 1.34% 31.86% 21.16%
Free cash flow margin 19.03% 53.77% 10.15%
Return on equity 16.81% 0.00% 11.30%
Return on assets 0.48% 13.17% 5.00%
Return on invested capital 6.66% 13.29% 6.13%

Growth

Metric GEL NAT Oil & Gas Midstream median
Revenue growth (TTM) 16.63% 28.69% 15.44%
EPS growth (last fiscal year) (237.90%) (72.73%) —
Revenue growth, 5-year CAGR (2.23%) (3.78%) 8.96%
Net income growth, 5-year CAGR 0.00% (24.50%) 0.00%

Health

Metric GEL NAT Oil & Gas Midstream median
Debt to equity 25.09 0.85 0.78
Current ratio 0.93 3.27 1.19
Net debt to EBITDA 5.82 3.61 3.42

Dividend

Metric GEL NAT Oil & Gas Midstream median
Dividend yield 5.37% 10.13% 7.29%
Payout ratio — 0.66 0.64

Size

Metric GEL NAT Oil & Gas Midstream median
Market cap 1.75b 1.62b 3.61b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack