WaterBridge Infrastructure LLC (WBI) vs Select Water Solutions, Inc. (WTTR)

WaterBridge Infrastructure LLC and Select Water Solutions, Inc. are both Oil & Gas Equipment & Services companies. WaterBridge Infrastructure LLC is the larger, with a market value of $3.6B against $2.4B — 1.5× the size. Select Water Solutions, Inc. trades at the lower P/E: 69.0× against 356×. Select Water Solutions, Inc. has the higher net margin (2.24% vs −0.63%) and the higher return on invested capital (2.30% vs 2.15%). Both pay a dividend; Select Water Solutions, Inc. yields more (1.51% vs 0.53%). Across the 18 metrics below, Select Water Solutions, Inc. leads on 14 and WaterBridge Infrastructure LLC on 4.

Valuation

Metric WBI WTTR Oil & Gas Equipment & Services median
P/E 356.13 68.96 22.50
P/S 1.85 1.76 1.17
P/B 0.76 2.22 1.82
Price to free cash flow n/m n/m 13.72
EV/EBITDA 8.16 11.25 8.68
EV/Sales 3.94 1.92 1.34
Earnings yield 0.28% 1.45% 3.94%
Free cash flow yield (8.69%) (2.93%) 5.66%

Profitability

Metric WBI WTTR Oil & Gas Equipment & Services median
Gross margin 56.99% 16.15% 23.26%
Operating margin 15.54% 3.51% 9.34%
Net margin (0.63%) 2.24% 4.69%
Free cash flow margin (16.08%) (5.17%) 5.35%
Return on equity (0.38%) 3.10% 4.92%
Return on assets (0.24%) 1.92% 2.37%
Return on invested capital 2.15% 2.30% 4.32%

Growth

Metric WBI WTTR Oil & Gas Equipment & Services median
Revenue growth (TTM) — (1.95%) 6.08%
EPS growth (last fiscal year) — (30.00%) (13.00%)
Revenue growth, 5-year CAGR — 18.39% 14.44%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric WBI WTTR Oil & Gas Equipment & Services median
Debt to equity 0.88 0.23 0.46
Current ratio 1.54 1.58 2.07
Net debt to EBITDA 6.16 1.41 0.75

Dividend

Metric WBI WTTR Oil & Gas Equipment & Services median
Dividend yield 0.53% 1.51% 1.51%
Payout ratio 1.88 1.04 0.38

Size

Metric WBI WTTR Oil & Gas Equipment & Services median
Market cap 3.55b 2.35b 1.63b

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