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 $15.2B against $7.0B — 2.2× the size. National Fuel Gas Company trades at the lower P/E: 10.2× against 14.2×. YPF Sociedad Anonima grew revenue faster over the last twelve months: 21.4% against 15.1%. National Fuel Gas Company has the higher net margin (26.9% vs 9.42%) and the lower return on invested capital (10.1% vs 15.4%). Across the 21 metrics below, National Fuel Gas Company leads on 16 and YPF Sociedad Anonima on 5.

Valuation

Metric NFG YPF Oil & Gas Integrated median
P/E 10.24 14.15 8.84
P/S 2.81 6.73 1.10
P/B 1.80 11.90 1.43
Price to free cash flow 31.76 47.46 8.19
EV/EBITDA 6.49 22.58 4.43
EV/Sales 3.86 7.04 1.48
Earnings yield 9.76% 7.07% 9.76%
Free cash flow yield 3.15% 2.11% 7.35%

Profitability

Metric NFG YPF Oil & Gas Integrated median
Gross margin 87.74% 38.62% 39.93%
Operating margin 40.26% 22.96% 17.07%
Net margin 26.86% 9.42% 10.24%
Free cash flow margin 8.84% 0.00% 11.16%
Return on equity 19.58% 0.00% 14.86%
Return on assets 7.15% 6.69% 7.07%
Return on invested capital 10.11% 15.42% 12.85%

Growth

Metric NFG YPF Oil & Gas Integrated median
Revenue growth (TTM) 15.13% 21.40% 13.45%
EPS growth (last fiscal year) 576.19% (135.23%) (14.54%)
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 0.76 0.53
Current ratio 3.20 1.24 1.19
Net debt to EBITDA 2.08 1.95 0.80

Dividend

Metric NFG YPF Oil & Gas Integrated median
Dividend yield 2.94% — 3.83%
Payout ratio 0.30 — 0.34

Size

Metric NFG YPF Oil & Gas Integrated median
Market cap 7.03b 15.20b 47.17b

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