Petroleo Brasileiro S.A.- Petrobras (PBR) vs Petroleo Brasileiro S.A.- Petrobras (PBR.A)

Petroleo Brasileiro S.A.- Petrobras and Petroleo Brasileiro S.A.- Petrobras are both Oil & Gas Integrated companies. Petroleo Brasileiro S.A.- Petrobras is the larger, with a market value of $76.9B against $51.1B — 1.5× the size. Petroleo Brasileiro S.A.- Petrobras trades at the lower P/E: 4.7× against 5.2×. Both pay a dividend; Petroleo Brasileiro S.A.- Petrobras yields more (17.1% vs 14.7%). Across the 9 metrics below, Petroleo Brasileiro S.A.- Petrobras leads on 9 and Petroleo Brasileiro S.A.- Petrobras on 0.

Valuation

Metric PBR PBR.A Oil & Gas Integrated median
P/E 5.16 4.68 11.88
P/S 1.26 1.15 1.20
P/B 1.41 1.28 1.56
Price to free cash flow 6.35 5.76 9.74
EV/EBITDA 3.48 3.25 4.94
EV/Sales 1.74 1.63 1.57
Earnings yield 19.39% 21.38% 7.58%
Free cash flow yield 15.76% 17.37% 6.71%

Profitability

Metric PBR PBR.A Oil & Gas Integrated median
Gross margin 50.75% 50.75% 39.18%
Operating margin 34.15% 34.15% 14.90%
Net margin 24.52% 24.52% 8.76%
Free cash flow margin 19.89% 19.89% 9.61%
Return on equity 30.66% 30.66% 12.22%
Return on assets 11.05% 11.05% 6.47%
Return on invested capital 15.53% 15.53% 10.61%

Growth

Metric PBR PBR.A Oil & Gas Integrated median
Revenue growth (TTM) 20.79% 20.79% 5.63%
EPS growth (last fiscal year) 162.07% 162.07% —
Revenue growth, 5-year CAGR 10.69% 10.69% 12.04%
Net income growth, 5-year CAGR 76.66% 76.66% 0.00%

Health

Metric PBR PBR.A Oil & Gas Integrated median
Debt to equity 0.65 0.65 0.55
Current ratio 0.85 0.85 1.18
Net debt to EBITDA 1.23 1.23 0.80

Dividend

Metric PBR PBR.A Oil & Gas Integrated median
Dividend yield 14.73% 17.06% 5.01%
Payout ratio 1.25 1.25 0.29

Size

Metric PBR PBR.A Oil & Gas Integrated median
Market cap 76.88b 51.12b 51.12b

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