IsoEnergy Ltd. (ISOU) vs Uranium Royalty Corp. (UROY)

IsoEnergy Ltd. and Uranium Royalty Corp. are both Uranium companies. Uranium Royalty Corp. is the larger, with a market value of $1.6B against $616.1M — 2.6× the size. IsoEnergy Ltd. has negative trailing earnings, so its P/E is not meaningful; Uranium Royalty Corp. trades at 10.8×. Uranium Royalty Corp. has the higher net margin (25.9% vs 0.00%) and the higher return on invested capital (2.49% vs −3.90%). Across the 13 metrics below, Uranium Royalty Corp. leads on 11 and IsoEnergy Ltd. on 2.

Valuation

Metric ISOU UROY Uranium median
P/E n/m 10.77 —
P/S n/m 3.03 16.46
P/B 1.46 0.60 3.35
Price to free cash flow n/m 3.14 —
EV/EBITDA n/m 17.98 —
EV/Sales n/m 5.26 14.86
Earnings yield (1.67%) 9.29% (2.82%)
Free cash flow yield (4.79%) 31.89% (4.18%)

Profitability

Metric ISOU UROY Uranium median
Gross margin — 32.98% 23.65%
Operating margin 0.00% 29.15% 0.00%
Net margin 0.00% 25.88% 0.00%
Free cash flow margin 0.00% 97.04% 0.00%
Return on equity (2.68%) 8.48% (11.34%)
Return on assets (2.54%) 5.21% (8.14%)
Return on invested capital (3.90%) 2.49% (4.64%)

Growth

Metric ISOU UROY Uranium median
Revenue growth (TTM) — 502.87% 43.30%
EPS growth (last fiscal year) 91.79% 1,066.67% —
Revenue growth, 5-year CAGR — — —
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric ISOU UROY Uranium median
Debt to equity 0.01 0.54 0.45
Current ratio 10.20 0.88 9.41
Net debt to EBITDA 5.78 (6.08) 1.94

Dividend

Metric ISOU UROY Uranium median
Dividend yield — — —
Payout ratio — 0.00 0.00

Size

Metric ISOU UROY Uranium median
Market cap 616.05m 1.59b 2.40b

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