Navigator Holdings Ltd. (NVGS) vs Permian Basin Royalty Trust (PBT)

Navigator Holdings Ltd. and Permian Basin Royalty Trust are both Oil & Gas Midstream companies. Navigator Holdings Ltd. and Permian Basin Royalty Trust are of similar size ($1.6B and $1.4B). Navigator Holdings Ltd. trades at the lower P/E: 10.5× against 96.4×. Navigator Holdings Ltd. grew revenue faster over the last twelve months: 8.39% against −3.71%. Permian Basin Royalty Trust has the higher net margin (92.0% vs 22.8%) and the lower return on invested capital (0.00% vs 5.16%). Both pay a dividend; Permian Basin Royalty Trust yields more (4.49% vs 1.11%). Across the 21 metrics below, Navigator Holdings Ltd. leads on 13 and Permian Basin Royalty Trust on 8.

Valuation

Metric NVGS PBT Oil & Gas Midstream median
P/E 10.51 96.37 13.19
P/S 2.31 89.22 2.60
P/B 1.12 n/m 2.08
Price to free cash flow 6.97 n/m 10.14
EV/EBITDA 7.11 97.32 8.11
EV/Sales 3.36 89.09 3.89
Earnings yield 9.51% 1.04% 6.83%
Free cash flow yield 14.36% 0.00% 6.94%

Profitability

Metric NVGS PBT Oil & Gas Midstream median
Gross margin 54.61% 100.00% 58.81%
Operating margin 25.77% 91.54% 32.14%
Net margin 22.80% 91.96% 21.16%
Free cash flow margin 33.14% 0.00% 10.15%
Return on equity 11.09% 0.00% 11.30%
Return on assets 5.96% 757.27% 5.00%
Return on invested capital 5.16% 0.00% 6.13%

Growth

Metric NVGS PBT Oil & Gas Midstream median
Revenue growth (TTM) 8.39% (3.71%) 15.44%
EPS growth (last fiscal year) 23.53% (43.64%) —
Revenue growth, 5-year CAGR 12.04% 5.92% 8.96%
Net income growth, 5-year CAGR 0.00% 5.47% 0.00%

Health

Metric NVGS PBT Oil & Gas Midstream median
Debt to equity 0.72 0.00 0.78
Current ratio 1.71 1.00 1.19
Net debt to EBITDA 2.48 (0.12) 3.42

Dividend

Metric NVGS PBT Oil & Gas Midstream median
Dividend yield 1.11% 4.49% 7.29%
Payout ratio 0.00 1.00 0.64

Size

Metric NVGS PBT Oil & Gas Midstream median
Market cap 1.44b 1.57b 3.61b

Compare with another peer

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