National Fuel Gas Company (NFG) vs YPF Sociedad Anonima (YPF)

National Fuel Gas Company and YPF Sociedad Anonima are both Oil & Gas Integrated companies. YPF Sociedad Anonima is the larger, with a market value of $21.1B against $7.5B — 2.8× the size. National Fuel Gas Company trades at the lower P/E: 10.9× against 27.4×. National Fuel Gas Company grew revenue faster over the last twelve months: 15.1% against 7.37%. National Fuel Gas Company has the higher net margin (26.9% vs 3.60%) and the lower return on invested capital (10.1% vs 11.5%). Across the 21 metrics below, YPF Sociedad Anonima leads on 11 and National Fuel Gas Company on 10.

Valuation

Metric NFG YPF Oil & Gas Integrated median
P/E 10.90 27.42 11.88
P/S 2.99 0.97 1.20
P/B 1.91 1.58 1.56
Price to free cash flow 33.77 6.29 9.74
EV/EBITDA 6.79 4.00 4.94
EV/Sales 4.03 1.36 1.57
Earnings yield 9.18% 3.65% 7.58%
Free cash flow yield 2.96% 15.90% 6.71%

Profitability

Metric NFG YPF Oil & Gas Integrated median
Gross margin 87.74% 35.38% 39.18%
Operating margin 40.26% 18.47% 14.90%
Net margin 26.86% 3.60% 8.76%
Free cash flow margin 8.84% 15.49% 9.61%
Return on equity 19.58% 6.03% 12.22%
Return on assets 7.15% 2.43% 6.47%
Return on invested capital 10.11% 11.47% 10.61%

Growth

Metric NFG YPF Oil & Gas Integrated median
Revenue growth (TTM) 15.13% 7.37% 5.63%
EPS growth (last fiscal year) 576.19% (135.23%) —
Revenue growth, 5-year CAGR 8.05% 14.19% 12.04%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NFG YPF Oil & Gas Integrated median
Debt to equity 0.91 0.82 0.55
Current ratio 3.20 0.93 1.18
Net debt to EBITDA 2.08 1.95 0.80

Dividend

Metric NFG YPF Oil & Gas Integrated median
Dividend yield 4.01% — 5.01%
Payout ratio 0.32 0.00 0.29

Size

Metric NFG YPF Oil & Gas Integrated median
Market cap 7.51b 21.06b 51.12b

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