HF SINCLAIR CORP (DINO)
US4039491000 - Common Stock
We assign a fundamental rating of 4 out of 10 to DINO. DINO was compared to 205 industry peers in the Oil, Gas & Consumable Fuels industry. While DINO seems to be doing ok healthwise, there are quite some concerns on its profitability. DINO has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year DINO was profitable.
DINO had a positive operating cash flow in the past year.
DINO had positive earnings in 4 of the past 5 years.
In the past 5 years DINO always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 3.78%, DINO perfoms like the industry average, outperforming 40.20% of the companies in the same industry.
Looking at the Return On Equity, with a value of 6.65%, DINO is doing worse than 64.71% of the companies in the same industry.
DINO has a Return On Invested Capital of 4.83%. This is in the lower half of the industry: DINO underperforms 63.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DINO is significantly below the industry average of 29.03%.
The 3 year average ROIC (13.07%) for DINO is well above the current ROIC(4.83%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 6.65% | ||
| ROIC | 4.83% |
ROA(3y)9.71%
ROA(5y)6.04%
ROE(3y)18.83%
ROE(5y)11.54%
ROIC(3y)13.07%
ROIC(5y)N/A
1.3 Margins
DINO's Profit Margin of 1.74% is on the low side compared to the rest of the industry. DINO is outperformed by 71.57% of its industry peers.
In the last couple of years the Profit Margin of DINO has declined.
DINO has a Operating Margin of 2.34%. This is in the lower half of the industry: DINO underperforms 78.43% of its industry peers.
In the last couple of years the Operating Margin of DINO has declined.
Looking at the Gross Margin, with a value of 14.96%, DINO is doing worse than 70.10% of the companies in the same industry.
In the last couple of years the Gross Margin of DINO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.34% | ||
| PM (TTM) | 1.74% | ||
| GM | 14.96% |
OM growth 3YN/A
OM growth 5Y-5.42%
PM growth 3YN/A
PM growth 5Y-4.41%
GM growth 3Y2.04%
GM growth 5Y-2.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DINO is still creating some value.
DINO has more shares outstanding than it did 1 year ago.
The number of shares outstanding for DINO has been increased compared to 5 years ago.
Compared to 1 year ago, DINO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.50 indicates that DINO is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.50, DINO belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
DINO has a debt to FCF ratio of 2.56. This is a good value and a sign of high solvency as DINO would need 2.56 years to pay back of all of its debts.
DINO has a Debt to FCF ratio of 2.56. This is in the better half of the industry: DINO outperforms 72.55% of its industry peers.
DINO has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of DINO (0.25) is better than 63.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.56 | ||
| Altman-Z | 3.5 |
ROIC/WACC0.59
WACC8.26%
2.3 Liquidity
A Current Ratio of 1.81 indicates that DINO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.81, DINO is in the better half of the industry, outperforming 72.06% of the companies in the same industry.
DINO has a Quick Ratio of 1.81. This is a bad value and indicates that DINO is not financially healthy enough and could expect problems in meeting its short term obligations.
DINO has a Quick ratio (0.90) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
DINO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -75.32%.
The Earnings Per Share has been growing by 8.12% on average over the past years. This is quite good.
The Revenue has grown by 10.45% in the past year. This is quite good.
The Revenue has been growing by 12.53% on average over the past years. This is quite good.
EPS 1Y (TTM)-75.32%
EPS 3YN/A
EPS 5Y8.12%
EPS Q2Q%-87.44%
Revenue 1Y (TTM)10.45%
Revenue growth 3Y41.91%
Revenue growth 5Y12.53%
Sales Q2Q%-19.07%
3.2 Future
Based on estimates for the next years, DINO will show a decrease in Earnings Per Share. The EPS will decrease by -7.52% on average per year.
The Revenue is expected to decrease by -2.84% on average over the next years.
EPS Next Y-76.76%
EPS Next 2Y-42.64%
EPS Next 3Y-23.42%
EPS Next 5Y-7.52%
Revenue Next Year-10.64%
Revenue Next 2Y-6.56%
Revenue Next 3Y-3.92%
Revenue Next 5Y-2.84%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
DINO is valuated reasonably with a Price/Earnings ratio of 11.89.
The rest of the industry has a similar Price/Earnings ratio as DINO.
Compared to an average S&P500 Price/Earnings ratio of 27.29, DINO is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.89, the valuation of DINO can be described as reasonable.
Based on the Price/Forward Earnings ratio, DINO is valued a bit cheaper than 61.27% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, DINO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.89 | ||
| Fwd PE | 10.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DINO is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, DINO is valued a bit cheaper than the industry average as 78.92% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.06 | ||
| EV/EBITDA | 4.7 |
4.3 Compensation for Growth
A cheap valuation may be justified as DINO's earnings are expected to decrease with -23.42% in the coming years.
PEG (NY)N/A
PEG (5Y)1.46
EPS Next 2Y-42.64%
EPS Next 3Y-23.42%
5. Dividend
5.1 Amount
DINO has a Yearly Dividend Yield of 5.94%, which is a nice return.
The stock price of DINO dropped by -24.64% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 7.14, DINO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, DINO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
5.2 History
The dividend of DINO has a limited annual growth rate of 5.11%.
DINO has been paying a dividend for at least 10 years, so it has a reliable track record.
DINO has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.11%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
DINO pays out 58.26% of its income as dividend. This is a bit on the high side, but may be sustainable.
The Dividend Rate of DINO has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP58.26%
EPS Next 2Y-42.64%
EPS Next 3Y-23.42%
HF SINCLAIR CORP
NYSE:DINO (12/23/2024, 8:04:00 PM)
After market: 34.13 0 (0%)34.13
+0.37 (+1.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners82.29%
Inst Owner Change-0.32%
Ins Owners0.28%
Ins Owner Change19.02%
Market Cap6.42B
Analysts73.91
Price Target51.87 (51.98%)
Short Float %3.89%
Short Ratio3.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
Dividend Growth(5Y)5.11%
DP58.26%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)31.99%
Min EPS beat(2)7.35%
Max EPS beat(2)56.64%
EPS beat(4)4
Avg EPS beat(4)22.19%
Min EPS beat(4)6.4%
Max EPS beat(4)56.64%
EPS beat(8)7
Avg EPS beat(8)15.08%
EPS beat(12)10
Avg EPS beat(12)61.8%
EPS beat(16)12
Avg EPS beat(16)51.71%
Revenue beat(2)2
Avg Revenue beat(2)1.99%
Min Revenue beat(2)0.56%
Max Revenue beat(2)3.42%
Revenue beat(4)2
Avg Revenue beat(4)-2.85%
Min Revenue beat(4)-8.66%
Max Revenue beat(4)3.42%
Revenue beat(8)6
Avg Revenue beat(8)0.53%
Revenue beat(12)10
Avg Revenue beat(12)14.5%
Revenue beat(16)14
Avg Revenue beat(16)17%
PT rev (1m)-3.43%
PT rev (3m)-14.59%
EPS NQ rev (1m)7.48%
EPS NQ rev (3m)-78.91%
EPS NY rev (1m)-4.36%
EPS NY rev (3m)-30.22%
Revenue NQ rev (1m)-0.81%
Revenue NQ rev (3m)-9.24%
Revenue NY rev (1m)1.48%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.89 | ||
| Fwd PE | 10.89 | ||
| P/S | 0.17 | ||
| P/FCF | 6.06 | ||
| P/OCF | 4.34 | ||
| P/B | 0.67 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 4.7 |
EPS(TTM)2.87
EY8.41%
EPS(NY)3.14
Fwd EY9.19%
FCF(TTM)5.63
FCFY16.51%
OCF(TTM)7.87
OCFY23.06%
SpS195.42
BVpS51.04
TBVpS30.19
PEG (NY)N/A
PEG (5Y)1.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 6.65% | ||
| ROCE | 6.17% | ||
| ROIC | 4.83% | ||
| ROICexc | 5.3% | ||
| ROICexgc | 7.67% | ||
| OM | 2.34% | ||
| PM (TTM) | 1.74% | ||
| GM | 14.96% | ||
| FCFM | 2.88% |
ROA(3y)9.71%
ROA(5y)6.04%
ROE(3y)18.83%
ROE(5y)11.54%
ROIC(3y)13.07%
ROIC(5y)N/A
ROICexc(3y)14.41%
ROICexc(5y)N/A
ROICexgc(3y)20.42%
ROICexgc(5y)N/A
ROCE(3y)16.68%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-3.2%
ROICexc growth 3YN/A
ROICexc growth 5Y-2.72%
OM growth 3YN/A
OM growth 5Y-5.42%
PM growth 3YN/A
PM growth 5Y-4.41%
GM growth 3Y2.04%
GM growth 5Y-2.17%
F-Score6
Asset Turnover2.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 2.56 | ||
| Debt/EBITDA | 1.4 | ||
| Cap/Depr | 51% | ||
| Cap/Sales | 1.14% | ||
| Interest Coverage | 4.56 | ||
| Cash Conversion | 87.94% | ||
| Profit Quality | 165.87% | ||
| Current Ratio | 1.81 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.5 |
F-Score6
WACC8.26%
ROIC/WACC0.59
Cap/Depr(3y)97.12%
Cap/Depr(5y)82.47%
Cap/Sales(3y)2.33%
Cap/Sales(5y)2.33%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-75.32%
EPS 3YN/A
EPS 5Y8.12%
EPS Q2Q%-87.44%
EPS Next Y-76.76%
EPS Next 2Y-42.64%
EPS Next 3Y-23.42%
EPS Next 5Y-7.52%
Revenue 1Y (TTM)10.45%
Revenue growth 3Y41.91%
Revenue growth 5Y12.53%
Sales Q2Q%-19.07%
Revenue Next Year-10.64%
Revenue Next 2Y-6.56%
Revenue Next 3Y-3.92%
Revenue Next 5Y-2.84%
EBIT growth 1Y-72.53%
EBIT growth 3YN/A
EBIT growth 5Y6.43%
EBIT Next Year-40.13%
EBIT Next 3Y-8.95%
EBIT Next 5Y-5.08%
FCF growth 1Y-42.6%
FCF growth 3Y146.46%
FCF growth 5Y8.99%
OCF growth 1Y-41.45%
OCF growth 3Y71.19%
OCF growth 5Y8.13%