Sabine Royalty Trust (SBR) vs Teekay Corporation Ltd. (TK)

Sabine Royalty Trust and Teekay Corporation Ltd. are both Oil & Gas Midstream companies. Teekay Corporation Ltd. is the larger, with a market value of $1.2B against $1.1B — 1.1× the size. Teekay Corporation Ltd. trades at the lower P/E: 9.4× against 14.7×. Sabine Royalty Trust grew revenue faster over the last twelve months: −2.95% against −16.7%. Sabine Royalty Trust has the higher net margin (94.7% vs 11.0%) and the higher return on invested capital (0.00% vs 0.00%). Across the 17 metrics below, Sabine Royalty Trust leads on 9 and Teekay Corporation Ltd. on 8.

Valuation

Metric SBR TK Oil & Gas Midstream median
P/E 14.65 9.38 13.19
P/S 13.88 1.02 2.60
P/B n/m 0.51 2.08
Price to free cash flow n/m 1.37 10.14
EV/EBITDA 14.52 0.24 8.11
EV/Sales 13.75 0.09 3.89
Earnings yield 6.83% 10.66% 6.83%
Free cash flow yield 0.00% 72.93% 6.94%

Profitability

Metric SBR TK Oil & Gas Midstream median
Gross margin 100.00% 39.94% 58.81%
Operating margin 94.71% 29.93% 32.14%
Net margin 94.71% 10.96% 21.16%
Free cash flow margin 0.00% 0.00% 10.15%
Return on equity 0.00% 0.00% 11.30%
Return on assets 806.27% 0.00% 5.00%
Return on invested capital 0.00% 0.00% 6.13%

Growth

Metric SBR TK Oil & Gas Midstream median
Revenue growth (TTM) (2.95%) (16.70%) 15.44%
EPS growth (last fiscal year) (7.69%) (19.72%) —
Revenue growth, 5-year CAGR 16.35% (3.70%) 8.96%
Net income growth, 5-year CAGR 17.13% 0.00% 0.00%

Health

Metric SBR TK Oil & Gas Midstream median
Debt to equity 0.00 0.00 0.78
Current ratio 7.25 10.36 1.19
Net debt to EBITDA (0.10) (2.50) 3.42

Dividend

Metric SBR TK Oil & Gas Midstream median
Dividend yield 9.97% — 7.29%
Payout ratio 1.00 0.00 0.64

Size

Metric SBR TK Oil & Gas Midstream median
Market cap 1.06b 1.20b 3.61b

Compare with another peer

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