Pyxis Tankers Inc. (PXS) vs Toro Corp. (TORO)

Pyxis Tankers Inc. and Toro Corp. are both Oil & Gas Midstream companies. Toro Corp. is the larger, with a market value of $184.6M against $67.7M — 2.7× the size. Pyxis Tankers Inc. trades at the lower P/E: 8.1× against 131×. Toro Corp. grew revenue faster over the last twelve months: −0.04% against −5.01%. Pyxis Tankers Inc. has the higher net margin (20.0% vs 1.55%) and the higher return on invested capital (6.15% vs −2.54%). Across the 19 metrics below, Pyxis Tankers Inc. leads on 15 and Toro Corp. on 4.

Valuation

Metric PXS TORO Oil & Gas Midstream median
P/E 8.06 130.75 13.19
P/S 1.58 5.93 2.60
P/B 0.63 0.66 2.08
Price to free cash flow 4.46 n/m 10.14
EV/EBITDA 4.26 80.28 8.11
EV/Sales 2.17 2.38 3.89
Earnings yield 12.40% 0.76% 6.83%
Free cash flow yield 22.40% (29.16%) 6.94%

Profitability

Metric PXS TORO Oil & Gas Midstream median
Gross margin 61.64% 53.03% 58.81%
Operating margin 30.65% (21.05%) 32.14%
Net margin 20.00% 1.55% 21.16%
Free cash flow margin 35.37% (172.97%) 10.15%
Return on equity 8.26% 0.17% 11.30%
Return on assets 4.43% 0.10% 5.00%
Return on invested capital 6.15% (2.54%) 6.13%

Growth

Metric PXS TORO Oil & Gas Midstream median
Revenue growth (TTM) (5.01%) (0.04%) 15.44%
EPS growth (last fiscal year) (79.12%) (92.66%) —
Revenue growth, 5-year CAGR 12.43% — 8.96%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric PXS TORO Oil & Gas Midstream median
Debt to equity 0.78 0.00 0.78
Current ratio 4.72 22.23 1.19
Net debt to EBITDA 2.31 (305.33) 3.42

Dividend

Metric PXS TORO Oil & Gas Midstream median
Dividend yield — — 7.29%
Payout ratio 0.00 — 0.64

Size

Metric PXS TORO Oil & Gas Midstream median
Market cap 67.68m 184.55m 3.61b

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