PERMIANVILLE ROYALTY TRUST (PVL) vs VOC Energy Trust (VOC)

PERMIANVILLE ROYALTY TRUST and VOC Energy Trust are both Oil & Gas E&P companies. PERMIANVILLE ROYALTY TRUST and VOC Energy Trust are of similar size ($58.7M and $57.6M). PERMIANVILLE ROYALTY TRUST trades at the lower P/E: 7.3× against 8.3×. PERMIANVILLE ROYALTY TRUST grew revenue faster over the last twelve months: −4.59% against −31.8%. VOC Energy Trust has the higher net margin (91.5% vs 17.0%) and the lower return on invested capital (0.00% vs 20.4%). Both pay a dividend; VOC Energy Trust yields more (17.0% vs 11.8%). Across the 17 metrics below, PERMIANVILLE ROYALTY TRUST leads on 9 and VOC Energy Trust on 8.

Valuation

Metric PVL VOC Oil & Gas E&P median
P/E 7.35 8.27 11.01
P/S 1.16 7.66 1.98
P/B n/m 6.35 1.30
Price to free cash flow n/m n/m 10.68
EV/EBITDA 5.18 7.05 5.09
EV/Sales 1.09 6.45 2.63
Earnings yield 13.61% 12.09% 5.78%
Free cash flow yield 0.00% 0.00% 4.91%

Profitability

Metric PVL VOC Oil & Gas E&P median
Gross margin 54.71% 100.00% 80.41%
Operating margin 21.04% 91.52% 21.39%
Net margin 17.01% 91.52% 14.17%
Free cash flow margin 0.00% 0.00% 8.18%
Return on equity 0.00% 68.29% 10.05%
Return on assets 22.28% 68.29% 5.81%
Return on invested capital 20.40% 0.00% 6.32%

Growth

Metric PVL VOC Oil & Gas E&P median
Revenue growth (TTM) (4.59%) (31.76%) 9.94%
EPS growth (last fiscal year) 22.22% (39.73%) (10.50%)
Revenue growth, 5-year CAGR 15.03% 11.48% 18.67%
Net income growth, 5-year CAGR (6.89%) 14.09% 0.00%

Health

Metric PVL VOC Oil & Gas E&P median
Debt to equity 0.00 0.00 0.28
Current ratio 0.00 0.00 0.96
Net debt to EBITDA (0.56) (1.41) 0.89

Dividend

Metric PVL VOC Oil & Gas E&P median
Dividend yield 11.79% 16.96% 3.29%
Payout ratio 0.87 1.40 0.35

Size

Metric PVL VOC Oil & Gas E&P median
Market cap 58.74m 57.63m 1.04b

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