Martin Midstream Partners L.P. (MMLP) vs Pyxis Tankers Inc. (PXS)

Martin Midstream Partners L.P. and Pyxis Tankers Inc. are both Oil & Gas Midstream companies. Martin Midstream Partners L.P. is the larger, with a market value of $87.3M against $67.7M — 1.3× the size. Martin Midstream Partners L.P. has negative trailing earnings, so its P/E is not meaningful; Pyxis Tankers Inc. trades at 8.1×. Martin Midstream Partners L.P. grew revenue faster over the last twelve months: 4.01% against −5.01%. Pyxis Tankers Inc. has the higher net margin (20.0% vs −2.02%) and the lower return on invested capital (6.15% vs 8.06%). Across the 18 metrics below, Pyxis Tankers Inc. leads on 13 and Martin Midstream Partners L.P. on 5.

Valuation

Metric MMLP PXS Oil & Gas Midstream median
P/E n/m 8.06 13.19
P/S 0.11 1.58 2.60
P/B n/m 0.63 2.08
Price to free cash flow n/m 4.46 10.14
EV/EBITDA 5.20 4.26 8.11
EV/Sales 0.72 2.17 3.89
Earnings yield (17.59%) 12.40% 6.83%
Free cash flow yield (5.19%) 22.40% 6.94%

Profitability

Metric MMLP PXS Oil & Gas Midstream median
Gross margin 53.29% 61.64% 58.81%
Operating margin 6.30% 30.65% 32.14%
Net margin (2.02%) 20.00% 21.16%
Free cash flow margin (0.59%) 35.37% 10.15%
Return on equity 0.00% 8.26% 11.30%
Return on assets (2.83%) 4.43% 5.00%
Return on invested capital 8.06% 6.15% 6.13%

Growth

Metric MMLP PXS Oil & Gas Midstream median
Revenue growth (TTM) 4.01% (5.01%) 15.44%
EPS growth (last fiscal year) (184.62%) (79.12%) —
Revenue growth, 5-year CAGR 1.28% 12.43% 8.96%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MMLP PXS Oil & Gas Midstream median
Debt to equity (5.03) 0.78 0.78
Current ratio 1.21 4.72 1.19
Net debt to EBITDA 4.09 2.31 3.42

Dividend

Metric MMLP PXS Oil & Gas Midstream median
Dividend yield 0.91% — 7.29%
Payout ratio — 0.00 0.64

Size

Metric MMLP PXS Oil & Gas Midstream median
Market cap 87.25m 67.68m 3.61b

Compare with another peer

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