New Fortress Energy LLC (NFE) vs Pyxis Tankers Inc. (PXS)

New Fortress Energy LLC and Pyxis Tankers Inc. are both Oil & Gas Midstream companies. Pyxis Tankers Inc. is the larger, with a market value of $67.7M against $36.9M — 1.8× the size. New Fortress Energy LLC has negative trailing earnings, so its P/E is not meaningful; Pyxis Tankers Inc. trades at 8.1×. Pyxis Tankers Inc. grew revenue faster over the last twelve months: −5.01% against −37.2%. Pyxis Tankers Inc. has the higher net margin (20.0% vs −149.4%) and the higher return on invested capital (6.15% vs −8.62%). Across the 17 metrics below, Pyxis Tankers Inc. leads on 13 and New Fortress Energy LLC on 4.

Valuation

Metric NFE PXS Oil & Gas Midstream median
P/E n/m 8.06 13.19
P/S 0.03 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 n/m 4.26 8.11
EV/Sales 6.63 2.17 3.89
Earnings yield (4,980.31%) 12.40% 6.83%
Free cash flow yield (1,987.45%) 22.40% 6.94%

Profitability

Metric NFE PXS Oil & Gas Midstream median
Gross margin 34.01% 61.64% 58.81%
Operating margin (86.31%) 30.65% 32.14%
Net margin (149.43%) 20.00% 21.16%
Free cash flow margin (59.85%) 35.37% 10.15%
Return on equity (411.72%) 8.26% 11.30%
Return on assets (16.69%) 4.43% 5.00%
Return on invested capital (8.62%) 6.15% 6.13%

Growth

Metric NFE PXS Oil & Gas Midstream median
Revenue growth (TTM) (37.18%) (5.01%) 15.44%
EPS growth (last fiscal year) (488.14%) (79.12%) —
Revenue growth, 5-year CAGR 27.20% 12.43% 8.96%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NFE PXS Oil & Gas Midstream median
Debt to equity (20.48) 0.78 0.78
Current ratio 0.16 4.72 1.19
Net debt to EBITDA (34.61) 2.31 3.42

Dividend

Metric NFE PXS Oil & Gas Midstream median
Dividend yield 8.30% — 7.29%
Payout ratio 1.80 0.00 0.64

Size

Metric NFE PXS Oil & Gas Midstream median
Market cap 36.90m 67.68m 3.61b

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