North European Oil Royality Trust (NRT) vs VOC Energy Trust (VOC)

North European Oil Royality Trust and VOC Energy Trust are both Oil & Gas E&P companies. North European Oil Royality Trust is the larger, with a market value of $62.0M against $50.0M — 1.2× the size. North European Oil Royality Trust trades at the lower P/E: 6.6× against 7.2×. North European Oil Royality Trust grew revenue faster over the last twelve months: 64.3% against −31.8%. VOC Energy Trust has the higher net margin (91.5% vs 91.4%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; VOC Energy Trust yields more (22.2% vs 14.9%). Across the 18 metrics below, North European Oil Royality Trust leads on 13 and VOC Energy Trust on 5.

Valuation

Metric NRT VOC Oil & Gas E&P median
P/E 6.63 7.20 9.67
P/S 6.04 6.67 1.76
P/B 31.48 5.53 1.19
Price to free cash flow 12.29 n/m 8.37
EV/EBITDA 5.61 5.97 4.59
EV/Sales 5.61 5.46 2.27
Earnings yield 15.09% 13.90% 7.55%
Free cash flow yield 8.14% 0.00% 3.98%

Profitability

Metric NRT VOC Oil & Gas E&P median
Gross margin 100.00% 100.00% 79.54%
Operating margin 100.00% 91.52% 24.01%
Net margin 91.36% 91.52% 14.11%
Free cash flow margin 0.00% 0.00% 7.72%
Return on equity 491.65% 68.29% 8.99%
Return on assets 218.59% 68.29% 4.63%
Return on invested capital 0.00% 0.00% 6.33%

Growth

Metric NRT VOC Oil & Gas E&P median
Revenue growth (TTM) 64.32% (31.76%) 13.60%
EPS growth (last fiscal year) 56.36% (39.73%) (10.17%)
Revenue growth, 5-year CAGR 16.39% 11.48% 18.67%
Net income growth, 5-year CAGR 19.29% 14.09% 0.00%

Health

Metric NRT VOC Oil & Gas E&P median
Debt to equity 0.00 0.00 0.29
Current ratio 1.83 0.00 0.92
Net debt to EBITDA (0.55) (1.41) 0.93

Dividend

Metric NRT VOC Oil & Gas E&P median
Dividend yield 14.94% 22.20% 3.76%
Payout ratio 0.99 1.60 0.33

Size

Metric NRT VOC Oil & Gas E&P median
Market cap 62.04m 49.98m 953.29m

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