Marine Petroleum Trust (MARPS) vs TOP Ships Inc. (TOPS)

Marine Petroleum Trust and TOP Ships Inc. are both Oil & Gas Midstream companies. Marine Petroleum Trust is the larger, with a market value of $8.8M against $5.1M — 1.7× the size. TOP Ships Inc. has negative trailing earnings, so its P/E is not meaningful; Marine Petroleum Trust trades at 13.3×. TOP Ships Inc. grew revenue faster over the last twelve months: 25.5% against −7.12%. Marine Petroleum Trust has the higher net margin (65.2% vs −1.48%) and the higher return on invested capital (0.00% vs 0.00%). Across the 18 metrics below, Marine Petroleum Trust leads on 11 and TOP Ships Inc. on 7.

Valuation

Metric MARPS TOPS Oil & Gas Midstream median
P/E 13.31 n/m 13.19
P/S 8.85 0.01 2.60
P/B 8.44 0.01 2.08
Price to free cash flow 13.57 n/m 10.14
EV/EBITDA 12.08 2.98 8.11
EV/Sales 7.88 1.64 3.89
Earnings yield 7.51% (17,677.94%) 6.83%
Free cash flow yield 7.37% (16,032.17%) 6.94%

Profitability

Metric MARPS TOPS Oil & Gas Midstream median
Gross margin 100.00% 57.93% 58.81%
Operating margin 65.23% 0.00% 32.14%
Net margin 65.23% (1.48%) 21.16%
Free cash flow margin 65.24% 0.00% 10.15%
Return on equity 0.00% 0.00% 11.30%
Return on assets 65.61% 0.00% 5.00%
Return on invested capital 0.00% 0.00% 6.13%

Growth

Metric MARPS TOPS Oil & Gas Midstream median
Revenue growth (TTM) (7.12%) 25.46% 15.44%
EPS growth (last fiscal year) 0.00% (38.53%) —
Revenue growth, 5-year CAGR 5.78% 5.95% 8.96%
Net income growth, 5-year CAGR 4.86% 0.00% 0.00%

Health

Metric MARPS TOPS Oil & Gas Midstream median
Debt to equity 0.00 3.40 0.78
Current ratio 0.00 0.48 1.19
Net debt to EBITDA (1.27) 3.72 3.42

Dividend

Metric MARPS TOPS Oil & Gas Midstream median
Dividend yield 10.49% — 7.29%
Payout ratio 1.12 0.00 0.64

Size

Metric MARPS TOPS Oil & Gas Midstream median
Market cap 8.80m 5.06m 3.61b

Compare with another peer

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