Solaris Energy Infrastructure, Inc. (SEI) vs WaterBridge Infrastructure LLC (WBI)

Solaris Energy Infrastructure, Inc. and WaterBridge Infrastructure LLC are both Oil & Gas Equipment & Services companies. Solaris Energy Infrastructure, Inc. is the larger, with a market value of $4.1B against $3.0B — 1.4× the size. Solaris Energy Infrastructure, Inc. trades at the lower P/E: 50.4× against 127×. WaterBridge Infrastructure LLC grew revenue faster over the last twelve months: 113.5% against 70.5%. Solaris Energy Infrastructure, Inc. has the higher net margin (6.95% vs 0.00%) and the higher return on invested capital (3.93% vs 2.32%). Both pay a dividend; Solaris Energy Infrastructure, Inc. yields more (0.93% vs 0.62%). Across the 19 metrics below, Solaris Energy Infrastructure, Inc. leads on 11 and WaterBridge Infrastructure LLC on 8.

Valuation

Metric SEI WBI Oil & Gas Equipment & Services median
P/E 50.38 126.76 20.53
P/S 3.99 1.55 1.08
P/B 2.62 0.73 1.64
Price to free cash flow n/m n/m 12.36
EV/EBITDA 16.16 8.61 8.00
EV/Sales 6.33 3.60 1.29
Earnings yield 1.98% 0.79% 3.88%
Free cash flow yield (23.81%) (2.05%) 5.18%

Profitability

Metric SEI WBI Oil & Gas Equipment & Services median
Gross margin 49.92% 0.00% 22.88%
Operating margin 24.25% 15.48% 7.44%
Net margin 6.95% 0.00% 4.12%
Free cash flow margin (95.04%) 40.77% 3.10%
Return on equity 5.46% 0.00% 5.46%
Return on assets 1.86% 0.00% 2.63%
Return on invested capital 3.93% 2.32% 4.26%

Growth

Metric SEI WBI Oil & Gas Equipment & Services median
Revenue growth (TTM) 70.52% 113.49% 4.65%
EPS growth (last fiscal year) 32.00% — (13.00%)
Revenue growth, 5-year CAGR 43.30% — 12.57%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric SEI WBI Oil & Gas Equipment & Services median
Debt to equity 2.24 0.99 0.44
Current ratio 4.12 1.17 2.04
Net debt to EBITDA 3.59 6.16 1.12

Dividend

Metric SEI WBI Oil & Gas Equipment & Services median
Dividend yield 0.93% 0.62% 1.49%
Payout ratio 0.56 0.79 0.36

Size

Metric SEI WBI Oil & Gas Equipment & Services median
Market cap 4.05b 2.96b 1.44b

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