Nordic American Tankers Limited (NAT) vs Permian Basin Royalty Trust (PBT)

Nordic American Tankers Limited and Permian Basin Royalty Trust are both Oil & Gas Midstream companies. Nordic American Tankers Limited and Permian Basin Royalty Trust are of similar size ($1.4B and $1.3B). Nordic American Tankers Limited trades at the lower P/E: 11.4× against 82.9×. Nordic American Tankers Limited grew revenue faster over the last twelve months: 28.7% against −3.71%. Permian Basin Royalty Trust has the higher net margin (92.0% vs 31.9%) and the lower return on invested capital (0.00% vs 13.3%). Both pay a dividend; Nordic American Tankers Limited yields more (11.8% vs 1.06%). Across the 20 metrics below, Nordic American Tankers Limited leads on 11 and Permian Basin Royalty Trust on 9.

Valuation

Metric NAT PBT Oil & Gas Midstream median
P/E 11.39 82.86 11.80
P/S 3.67 76.71 2.38
P/B 3.19 n/m 1.65
Price to free cash flow 6.83 n/m 7.76
EV/EBITDA 10.63 83.66 7.88
EV/Sales 4.38 76.58 3.36
Earnings yield 8.78% 1.21% 7.98%
Free cash flow yield 14.65% 0.00% 7.23%

Profitability

Metric NAT PBT Oil & Gas Midstream median
Gross margin 55.22% 100.00% 55.22%
Operating margin 41.19% 91.54% 35.83%
Net margin 31.86% 91.96% 20.12%
Free cash flow margin 53.77% 0.00% 14.43%
Return on equity 0.00% 0.00% 14.03%
Return on assets 13.17% 757.27% 4.62%
Return on invested capital 13.29% 0.00% 6.10%

Growth

Metric NAT PBT Oil & Gas Midstream median
Revenue growth (TTM) 28.69% (3.71%) 15.70%
EPS growth (last fiscal year) (72.73%) (43.64%) (7.78%)
Revenue growth, 5-year CAGR (3.78%) 5.92% 10.05%
Net income growth, 5-year CAGR (24.50%) 5.47% 0.00%

Health

Metric NAT PBT Oil & Gas Midstream median
Debt to equity 0.85 0.00 0.77
Current ratio 3.27 1.00 1.16
Net debt to EBITDA 3.61 (0.12) 3.46

Dividend

Metric NAT PBT Oil & Gas Midstream median
Dividend yield 11.76% 1.06% 5.03%
Payout ratio 1.34 0.88 0.73

Size

Metric NAT PBT Oil & Gas Midstream median
Market cap 1.38b 1.33b 3.30b

Compare with another peer

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