Mesa Royalty Trust (MTR) vs Trio Petroleum Corp. (TPET)

Mesa Royalty Trust and Trio Petroleum Corp. are both Oil & Gas E&P companies. Trio Petroleum Corp. is the larger, with a market value of $9.6M against $4.4M — 2.2× the size. Trio Petroleum Corp. has negative trailing earnings, so its P/E is not meaningful; Mesa Royalty Trust trades at 12.4×. Trio Petroleum Corp. grew revenue faster over the last twelve months: 180.3% against −3.01%. Mesa Royalty Trust has the higher net margin (76.6% vs −830.2%) and the higher return on invested capital (20.9% vs −35.0%). Across the 18 metrics below, Mesa Royalty Trust leads on 11 and Trio Petroleum Corp. on 7.

Valuation

Metric MTR TPET Oil & Gas E&P median
P/E 12.36 n/m 10.57
P/S 9.50 10.15 1.80
P/B 1.44 0.24 1.27
Price to free cash flow n/m n/m 9.99
EV/EBITDA 5.61 2.40 5.08
EV/Sales 5.17 (18.39) 2.39
Earnings yield 8.09% (159.66%) 6.06%
Free cash flow yield 0.00% (52.41%) 6.17%

Profitability

Metric MTR TPET Oil & Gas E&P median
Gross margin 100.00% 18.82% 80.41%
Operating margin 92.05% (802.46%) 21.39%
Net margin 76.63% (830.20%) 14.17%
Free cash flow margin 0.00% (531.73%) 9.71%
Return on equity 11.61% (29.50%) 10.05%
Return on assets 11.09% (27.75%) 5.81%
Return on invested capital 20.94% (35.01%) 6.32%

Growth

Metric MTR TPET Oil & Gas E&P median
Revenue growth (TTM) (3.01%) 180.31% 9.94%
EPS growth (last fiscal year) (8.00%) 81.48% —
Revenue growth, 5-year CAGR (6.29%) — 18.67%
Net income growth, 5-year CAGR (2.02%) 0.00% 0.00%

Health

Metric MTR TPET Oil & Gas E&P median
Debt to equity 0.00 0.00 0.28
Current ratio 17.12 20.55 0.96
Net debt to EBITDA (3.50) 0.19 0.91

Dividend

Metric MTR TPET Oil & Gas E&P median
Dividend yield 13.28% — 4.93%
Payout ratio 0.97 — 0.07

Size

Metric MTR TPET Oil & Gas E&P median
Market cap 4.44m 9.58m 923.59m

Compare with another peer

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