LandBridge Company LLC (LB) vs Solaris Energy Infrastructure, Inc. (SEI)

LandBridge Company LLC and Solaris Energy Infrastructure, Inc. are both Oil & Gas Equipment & Services companies. LandBridge Company LLC is the larger, with a market value of $6.4B against $5.7B — 1.1× the size. LandBridge Company LLC trades at the lower P/E: 60.7× against 69.8×. Solaris Energy Infrastructure, Inc. grew revenue faster over the last twelve months: 70.5% against 44.1%. LandBridge Company LLC has the higher net margin (16.5% vs 6.95%) and the higher return on invested capital (6.51% vs 3.93%). Across the 19 metrics below, LandBridge Company LLC leads on 14 and Solaris Energy Infrastructure, Inc. on 5.

Valuation

Metric LB SEI Oil & Gas Equipment & Services median
P/E 60.73 69.75 24.78
P/S 10.09 5.53 1.28
P/B 2.74 3.63 1.85
Price to free cash flow 15.03 n/m 15.03
EV/EBITDA 17.80 20.08 8.93
EV/Sales 12.29 7.86 1.40
Earnings yield 1.65% 1.43% 3.12%
Free cash flow yield 6.65% (17.20%) 5.01%

Profitability

Metric LB SEI Oil & Gas Equipment & Services median
Gross margin 98.84% 49.92% 23.27%
Operating margin 61.34% 24.25% 9.34%
Net margin 16.48% 6.95% 4.69%
Free cash flow margin 67.16% (95.04%) 5.05%
Return on equity 4.90% 5.46% 4.92%
Return on assets 3.04% 1.86% 2.37%
Return on invested capital 6.51% 3.93% 4.32%

Growth

Metric LB SEI Oil & Gas Equipment & Services median
Revenue growth (TTM) 44.09% 70.52% 6.08%
EPS growth (last fiscal year) 266.28% 32.00% —
Revenue growth, 5-year CAGR — 43.30% 10.60%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric LB SEI Oil & Gas Equipment & Services median
Debt to equity 0.64 2.24 0.46
Current ratio 7.27 4.12 2.11
Net debt to EBITDA 4.01 3.59 0.76

Dividend

Metric LB SEI Oil & Gas Equipment & Services median
Dividend yield — 5.88% 2.12%
Payout ratio — 0.51 0.00

Size

Metric LB SEI Oil & Gas Equipment & Services median
Market cap 6.36b 5.69b 1.81b

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