LandBridge Company LLC (LB) vs NOV Inc. (NOV)

LandBridge Company LLC and NOV Inc. are both Oil & Gas Equipment & Services companies. LandBridge Company LLC and NOV Inc. are of similar size ($6.6B and $6.3B). LandBridge Company LLC trades at the lower P/E: 60.9× against 72.8×. LandBridge Company LLC grew revenue faster over the last twelve months: 44.1% against −1.72%. LandBridge Company LLC has the higher net margin (16.5% vs 1.10%) and the higher return on invested capital (6.51% vs 4.03%). Across the 20 metrics below, LandBridge Company LLC leads on 12 and NOV Inc. on 8.

Valuation

Metric LB NOV Oil & Gas Equipment & Services median
P/E 60.87 72.81 22.50
P/S 10.12 0.79 1.17
P/B 2.74 1.09 1.82
Price to free cash flow 15.06 11.29 13.72
EV/EBITDA 17.84 8.41 8.68
EV/Sales 12.32 0.85 1.34
Earnings yield 1.64% 1.37% 3.94%
Free cash flow yield 6.64% 8.86% 5.66%

Profitability

Metric LB NOV Oil & Gas Equipment & Services median
Gross margin 98.84% 20.53% 23.26%
Operating margin 61.34% 5.08% 9.34%
Net margin 16.48% 1.10% 4.69%
Free cash flow margin 67.16% 6.97% 5.35%
Return on equity 4.90% 1.48% 4.92%
Return on assets 3.04% 0.84% 2.37%
Return on invested capital 6.51% 4.03% 4.32%

Growth

Metric LB NOV Oil & Gas Equipment & Services median
Revenue growth (TTM) 44.09% (1.72%) 6.08%
EPS growth (last fiscal year) 266.28% (75.63%) (13.00%)
Revenue growth, 5-year CAGR — 7.50% 14.44%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric LB NOV Oil & Gas Equipment & Services median
Debt to equity 0.64 0.27 0.46
Current ratio 7.27 2.42 2.07
Net debt to EBITDA 4.01 0.18 0.75

Dividend

Metric LB NOV Oil & Gas Equipment & Services median
Dividend yield — 1.82% 1.51%
Payout ratio — 1.33 0.38

Size

Metric LB NOV Oil & Gas Equipment & Services median
Market cap 6.26b 6.64b 1.63b

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