Greenfire Resources Ltd. (GFR) vs Vermilion Energy Inc. (VET)

Greenfire Resources Ltd. and Vermilion Energy Inc. are both Oil & Gas E&P companies. Vermilion Energy Inc. is the larger, with a market value of $1.8B against $1.5B — 1.2× the size. Vermilion Energy Inc. grew revenue faster over the last twelve months: −5.20% against −16.5%. Greenfire Resources Ltd. has the higher net margin (−6.42% vs −24.5%) and the lower return on invested capital (0.48% vs 5.93%). Across the 18 metrics below, Greenfire Resources Ltd. leads on 10 and Vermilion Energy Inc. on 8.

Valuation

Metric GFR VET Oil & Gas E&P median
P/E n/m n/m 10.57
P/S 1.75 1.37 1.80
P/B 0.89 1.14 1.27
Price to free cash flow n/m 3.01 9.99
EV/EBITDA 11.69 3.62 5.08
EV/Sales 1.81 2.09 2.39
Earnings yield (4.77%) (18.02%) 6.06%
Free cash flow yield (5.90%) 33.17% 6.17%

Profitability

Metric GFR VET Oil & Gas E&P median
Gross margin 91.87% 62.13% 80.41%
Operating margin 1.54% 18.12% 21.39%
Net margin (6.42%) (24.50%) 14.17%
Free cash flow margin (10.30%) 45.31% 9.71%
Return on equity (3.69%) (18.15%) 10.05%
Return on assets (2.89%) (7.23%) 5.81%
Return on invested capital 0.48% 5.93% 6.32%

Growth

Metric GFR VET Oil & Gas E&P median
Revenue growth (TTM) (16.46%) (5.20%) 9.94%
EPS growth (last fiscal year) (62.10%) (1,281.82%) —
Revenue growth, 5-year CAGR — 8.21% 18.67%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric GFR VET Oil & Gas E&P median
Debt to equity 0.03 0.63 0.28
Current ratio 0.96 1.00 0.96
Net debt to EBITDA (0.21) 1.30 0.91

Dividend

Metric GFR VET Oil & Gas E&P median
Dividend yield — 2.93% 4.93%
Payout ratio 0.00 0.05 0.07

Size

Metric GFR VET Oil & Gas E&P median
Market cap 1.49b 1.82b 923.59m

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