HF SINCLAIR CORP (DINO) Stock Fundamental Analysis
NYSE:DINO - New York Stock Exchange, Inc. - US4039491000 - Common Stock - Currency: USD
Taking everything into account, DINO scores 4 out of 10 in our fundamental rating. DINO was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. The financial health of DINO is average, but there are quite some concerns on its profitability. DINO is not valued too expensively and it also shows a decent growth rate. Finally DINO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year DINO was profitable.
In the past year DINO had a positive cash flow from operations.
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
DINO has a Return On Assets of 2.93%. This is in the lower half of the industry: DINO underperforms 61.58% of its industry peers.
DINO's Return On Equity of 5.26% is on the low side compared to the rest of the industry. DINO is outperformed by 63.05% of its industry peers.
DINO has a Return On Invested Capital of 4.17%. This is in the lower half of the industry: DINO underperforms 67.49% 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 28.68%.
The last Return On Invested Capital (4.17%) for DINO is well below the 3 year average (12.20%), which needs to be investigated, but indicates that DINO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.93% | ||
| ROE | 5.26% | ||
| ROIC | 4.17% |
ROA(3y)8.64%
ROA(5y)4.99%
ROE(3y)16.23%
ROE(5y)9.34%
ROIC(3y)12.2%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of DINO (1.37%) is worse than 67.49% of its industry peers.
DINO's Profit Margin has declined in the last couple of years.
The Operating Margin of DINO (1.94%) is worse than 77.83% of its industry peers.
In the last couple of years the Operating Margin of DINO has declined.
The Gross Margin of DINO (15.06%) is worse than 69.95% of its industry peers.
DINO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.94% | ||
| PM (TTM) | 1.37% | ||
| GM | 15.06% |
OM growth 3Y-39.29%
OM growth 5Y-34.73%
PM growth 3Y-41.1%
PM growth 5Y-32.62%
GM growth 3Y-6.02%
GM growth 5Y-7.76%
2. Health
2.1 Basic Checks
DINO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, DINO has less shares outstanding
The number of shares outstanding for DINO has been increased compared to 5 years ago.
The debt/assets ratio for DINO is higher compared to a year ago.
2.2 Solvency
DINO has an Altman-Z score of 3.39. This indicates that DINO is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of DINO (3.39) is better than 81.28% of its industry peers.
The Debt to FCF ratio of DINO is 4.25, which is a neutral value as it means it would take DINO, 4.25 years of fcf income to pay off all of its debts.
DINO's Debt to FCF ratio of 4.25 is fine compared to the rest of the industry. DINO outperforms 65.02% 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.
DINO has a better Debt to Equity ratio (0.25) than 64.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 3.39 |
ROIC/WACC0.5
WACC8.34%
2.3 Liquidity
DINO has a Current Ratio of 1.65. This is a normal value and indicates that DINO is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.65, DINO is doing good in the industry, outperforming 67.49% of the companies in the same industry.
DINO has a Quick Ratio of 1.65. This is a bad value and indicates that DINO is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of DINO (0.73) is worse than 66.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
The earnings per share for DINO have decreased strongly by -89.72% in the last year.
Measured over the past years, DINO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -27.46% on average per year.
Looking at the last year, DINO shows a quite strong growth in Revenue. The Revenue has grown by 11.40% in the last year.
The Revenue has been growing by 10.32% on average over the past years. This is quite good.
EPS 1Y (TTM)-89.72%
EPS 3Y-13.42%
EPS 5Y-27.46%
EPS Q2Q%-217.24%
Revenue 1Y (TTM)11.4%
Revenue growth 3Y15.83%
Revenue growth 5Y10.32%
Sales Q2Q%-15.15%
3.2 Future
DINO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 46.12% yearly.
Based on estimates for the next years, DINO will show a decrease in Revenue. The Revenue will decrease by -0.54% on average per year.
EPS Next Y143.12%
EPS Next 2Y94.19%
EPS Next 3Y79.93%
EPS Next 5Y46.12%
Revenue Next Year-0.99%
Revenue Next 2Y-0.76%
Revenue Next 3Y-0.88%
Revenue Next 5Y-0.54%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 33.74, which means the current valuation is very expensive for DINO.
67.00% of the companies in the same industry are cheaper than DINO, based on the Price/Earnings ratio.
DINO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 29.75, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.88 indicates a correct valuation of DINO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DINO is on the same level as its industry peers.
DINO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.74 | ||
| Fwd PE | 13.88 |
4.2 Price Multiples
63.05% of the companies in the same industry are more expensive than DINO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, DINO is valued a bit cheaper than 68.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.72 | ||
| EV/EBITDA | 5.61 |
4.3 Compensation for Growth
DINO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DINO's earnings are expected to grow with 79.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y94.19%
EPS Next 3Y79.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.74%, DINO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.95, DINO pays a bit more dividend than its industry peers.
DINO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
5.2 History
The dividend of DINO is nicely growing with an annual growth rate of 8.07%!
DINO has paid a dividend for at least 10 years, which is a reliable track record.
DINO has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)8.07%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
DINO pays out 79.14% of its income as dividend. This is not a sustainable payout ratio.
DINO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP79.14%
EPS Next 2Y94.19%
EPS Next 3Y79.93%
33.07
-2.2 (-6.24%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners84.35%
Inst Owner Change2.13%
Ins Owners0.4%
Ins Owner Change17.87%
Market Cap6.22B
Analysts73.04
Price Target46.76 (41.4%)
Short Float %5.17%
Short Ratio3.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
Yearly Dividend1.99
Dividend Growth(5Y)8.07%
DP79.14%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)23.03%
Min EPS beat(2)-10.57%
Max EPS beat(2)56.64%
EPS beat(4)3
Avg EPS beat(4)14.95%
Min EPS beat(4)-10.57%
Max EPS beat(4)56.64%
EPS beat(8)7
Avg EPS beat(8)16.15%
EPS beat(12)10
Avg EPS beat(12)64.04%
EPS beat(16)12
Avg EPS beat(16)51.2%
Revenue beat(2)2
Avg Revenue beat(2)3.17%
Min Revenue beat(2)2.91%
Max Revenue beat(2)3.42%
Revenue beat(4)3
Avg Revenue beat(4)-0.44%
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)11.96%
Revenue beat(16)14
Avg Revenue beat(16)16.2%
PT rev (1m)0%
PT rev (3m)-9.86%
EPS NQ rev (1m)-144.49%
EPS NQ rev (3m)-106.2%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-28.09%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)1.19%
Revenue NY rev (1m)1.27%
Revenue NY rev (3m)3.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.74 | ||
| Fwd PE | 13.88 | ||
| P/S | 0.17 | ||
| P/FCF | 9.72 | ||
| P/OCF | 5.61 | ||
| P/B | 0.67 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 5.61 |
EPS(TTM)0.98
EY2.96%
EPS(NY)2.38
Fwd EY7.2%
FCF(TTM)3.4
FCFY10.29%
OCF(TTM)5.9
OCFY17.84%
SpS189.25
BVpS49.31
TBVpS28.38
PEG (NY)0.24
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.93% | ||
| ROE | 5.26% | ||
| ROCE | 5.09% | ||
| ROIC | 4.17% | ||
| ROICexc | 4.43% | ||
| ROICexgc | 6.4% | ||
| OM | 1.94% | ||
| PM (TTM) | 1.37% | ||
| GM | 15.06% | ||
| FCFM | 1.8% |
ROA(3y)8.64%
ROA(5y)4.99%
ROE(3y)16.23%
ROE(5y)9.34%
ROIC(3y)12.2%
ROIC(5y)N/A
ROICexc(3y)13.6%
ROICexc(5y)N/A
ROICexgc(3y)19.35%
ROICexgc(5y)N/A
ROCE(3y)14.89%
ROCE(5y)N/A
ROICexcg growth 3Y-32.97%
ROICexcg growth 5Y-32.22%
ROICexc growth 3Y-33.92%
ROICexc growth 5Y-32.02%
OM growth 3Y-39.29%
OM growth 5Y-34.73%
PM growth 3Y-41.1%
PM growth 5Y-32.62%
GM growth 3Y-6.02%
GM growth 5Y-7.76%
F-Score6
Asset Turnover2.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 4.25 | ||
| Debt/EBITDA | 1.55 | ||
| Cap/Depr | 56.49% | ||
| Cap/Sales | 1.32% | ||
| Interest Coverage | 4.22 | ||
| Cash Conversion | 72.84% | ||
| Profit Quality | 131.21% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 3.39 |
F-Score6
WACC8.34%
ROIC/WACC0.5
Cap/Depr(3y)62.1%
Cap/Depr(5y)82.25%
Cap/Sales(3y)1.41%
Cap/Sales(5y)2.32%
Profit Quality(3y)199.83%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-89.72%
EPS 3Y-13.42%
EPS 5Y-27.46%
EPS Q2Q%-217.24%
EPS Next Y143.12%
EPS Next 2Y94.19%
EPS Next 3Y79.93%
EPS Next 5Y46.12%
Revenue 1Y (TTM)11.4%
Revenue growth 3Y15.83%
Revenue growth 5Y10.32%
Sales Q2Q%-15.15%
Revenue Next Year-0.99%
Revenue Next 2Y-0.76%
Revenue Next 3Y-0.88%
Revenue Next 5Y-0.54%
EBIT growth 1Y-69.14%
EBIT growth 3Y-29.67%
EBIT growth 5Y-27.99%
EBIT Next Year355.79%
EBIT Next 3Y85.24%
EBIT Next 5Y46.41%
FCF growth 1Y-66.52%
FCF growth 3YN/A
FCF growth 5Y-12.6%
OCF growth 1Y-51.68%
OCF growth 3Y39.75%
OCF growth 5Y-6.44%