New Fortress Energy LLC (NFE) vs Summit Midstream Partners, LP (SMC)

New Fortress Energy LLC and Summit Midstream Partners, LP are both Oil & Gas Midstream companies. Summit Midstream Partners, LP is the larger, with a market value of $544.1M against $62.8M — 8.7× the size. Summit Midstream Partners, LP grew revenue faster over the last twelve months: 20.9% against −37.3%. Summit Midstream Partners, LP has the higher net margin (−2.29% vs −147.0%) and the higher return on invested capital (2.59% vs −8.62%). Across the 17 metrics below, Summit Midstream Partners, LP leads on 13 and New Fortress Energy LLC on 4.

Valuation

Metric NFE SMC Oil & Gas Midstream median
P/E n/m n/m 11.68
P/S 0.02 0.63 2.39
P/B n/m 0.43 1.68
Price to free cash flow n/m 8.26 8.52
EV/EBITDA n/m 7.74 9.03
EV/Sales 6.61 2.71 3.43
Earnings yield (8,608.41%) (4.10%) 7.78%
Free cash flow yield (3,439.42%) 12.11% 7.11%

Profitability

Metric NFE SMC Oil & Gas Midstream median
Gross margin 34.01% 45.03% 54.87%
Operating margin (86.31%) 15.10% 34.73%
Net margin (147.03%) (2.29%) 20.12%
Free cash flow margin (59.85%) 7.69% 14.43%
Return on equity (405.12%) (1.57%) 11.73%
Return on assets (16.42%) (0.55%) 4.43%
Return on invested capital (8.62%) 2.59% 6.10%

Growth

Metric NFE SMC Oil & Gas Midstream median
Revenue growth (TTM) (37.31%) 20.94% 14.88%
EPS growth (last fiscal year) (426.28%) 87.40% (7.78%)
Revenue growth, 5-year CAGR 27.20% 7.95% 10.05%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NFE SMC Oil & Gas Midstream median
Debt to equity (20.48) 1.35 0.77
Current ratio 0.16 0.94 1.19
Net debt to EBITDA (34.61) 5.27 3.46

Dividend

Metric NFE SMC Oil & Gas Midstream median
Dividend yield 0.00% — 4.94%
Payout ratio — — 0.73

Size

Metric NFE SMC Oil & Gas Midstream median
Market cap 62.84m 544.05m 3.56b

Compare with another peer

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