NextDecade Corporation (NEXT) vs Select Water Solutions, Inc. (WTTR)

NextDecade Corporation and Select Water Solutions, Inc. are both Oil & Gas Equipment & Services companies. Select Water Solutions, Inc. is the larger, with a market value of $2.4B against $1.6B — 1.5× the size. NextDecade Corporation has negative trailing earnings, so its P/E is not meaningful; Select Water Solutions, Inc. trades at 69.0×. Select Water Solutions, Inc. has the higher net margin (2.24% vs 0.00%) and the higher return on invested capital (2.30% vs −1.12%). Across the 14 metrics below, Select Water Solutions, Inc. leads on 11 and NextDecade Corporation on 3.

Valuation

Metric NEXT WTTR Oil & Gas Equipment & Services median
P/E n/m 68.96 22.50
P/S n/m 1.76 1.17
P/B 0.59 2.22 1.82
Price to free cash flow n/m n/m 13.72
EV/EBITDA n/m 11.25 8.68
EV/Sales n/m 1.92 1.34
Earnings yield (21.73%) 1.45% 3.94%
Free cash flow yield (345.19%) (2.93%) 5.66%

Profitability

Metric NEXT WTTR Oil & Gas Equipment & Services median
Gross margin 0.00% 16.15% 23.26%
Operating margin 0.00% 3.51% 9.34%
Net margin 0.00% 2.24% 4.69%
Free cash flow margin 0.00% (5.17%) 5.35%
Return on equity (15.32%) 3.10% 4.92%
Return on assets (3.11%) 1.92% 2.37%
Return on invested capital (1.12%) 2.30% 4.32%

Growth

Metric NEXT WTTR Oil & Gas Equipment & Services median
Revenue growth (TTM) — (1.95%) 6.08%
EPS growth (last fiscal year) (387.50%) (30.00%) (13.00%)
Revenue growth, 5-year CAGR — 18.39% 14.44%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NEXT WTTR Oil & Gas Equipment & Services median
Debt to equity 3.70 0.23 0.46
Current ratio 0.37 1.58 2.07
Net debt to EBITDA (58.53) 1.41 0.75

Dividend

Metric NEXT WTTR Oil & Gas Equipment & Services median
Dividend yield — 1.51% 1.51%
Payout ratio — 1.04 0.38

Size

Metric NEXT WTTR Oil & Gas Equipment & Services median
Market cap 1.60b 2.35b 1.63b

Compare with another peer

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