HF SINCLAIR CORP (DINO) Stock Fundamental Analysis
NYSE:DINO - New York Stock Exchange, Inc. - US4039491000 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to DINO. DINO was compared to 212 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 correct valuation and a medium growth rate. Finally DINO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DINO had positive earnings in the past year.
In the past year DINO had a positive cash flow from operations.
Of the past 5 years DINO 4 years were profitable.
Each year in the past 5 years DINO had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.93%, DINO is in line with its industry, outperforming 43.87% of the companies in the same industry.
The Return On Equity of DINO (5.26%) is comparable to the rest of the industry.
DINO's Return On Invested Capital of 4.17% is on the low side compared to the rest of the industry. DINO is outperformed by 64.62% 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 25.77%.
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
Looking at the Profit Margin, with a value of 1.37%, DINO is doing worse than 65.09% of the companies in the same industry.
DINO's Profit Margin has declined in the last couple of years.
DINO's Operating Margin of 1.94% is on the low side compared to the rest of the industry. DINO is outperformed by 73.11% of its industry peers.
In the last couple of years the Operating Margin of DINO has declined.
With a Gross Margin value of 15.06%, DINO is not doing good in the industry: 68.87% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of DINO has declined.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DINO is still creating some value.
DINO has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, DINO has more shares outstanding
DINO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.32 indicates that DINO is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.32, DINO belongs to the best of the industry, outperforming 84.43% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 4.25, DINO is in the better half of the industry, outperforming 70.28% of the companies in the same industry.
DINO has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.25, DINO is doing good in the industry, outperforming 66.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 3.32 |
ROIC/WACC0.41
WACC10.16%
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 71.23% 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.
DINO's Quick ratio of 0.73 is on the low side compared to the rest of the industry. DINO is outperformed by 65.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
DINO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -89.72%.
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.
DINO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.32% yearly.
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 49.50% yearly.
DINO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.82% yearly.
EPS Next Y43.28%
EPS Next 2Y78.29%
EPS Next 3Y62.48%
EPS Next 5Y49.5%
Revenue Next Year-4.06%
Revenue Next 2Y-1.77%
Revenue Next 3Y-1.91%
Revenue Next 5Y0.82%
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 accelerating.
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
A Price/Earnings ratio of 31.13 indicates a quite expensive valuation of DINO.
Based on the Price/Earnings ratio, DINO is valued a bit more expensive than 63.68% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.78. DINO is around the same levels.
Based on the Price/Forward Earnings ratio of 21.73, the valuation of DINO can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DINO is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 21.32. DINO is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.13 | ||
| Fwd PE | 21.73 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DINO indicates a somewhat cheap valuation: DINO is cheaper than 67.92% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, DINO is valued a bit cheaper than the industry average as 73.58% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.98 | ||
| EV/EBITDA | 5.03 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as DINO's earnings are expected to grow with 62.48% in the coming years.
PEG (NY)0.72
PEG (5Y)N/A
EPS Next 2Y78.29%
EPS Next 3Y62.48%
5. Dividend
5.1 Amount
DINO has a Yearly Dividend Yield of 6.54%, which is a nice return.
Compared to an average industry Dividend Yield of 7.32, DINO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.46, DINO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.54% |
5.2 History
On average, the dividend of DINO grows each year by 8.07%, which is quite nice.
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 2Y78.29%
EPS Next 3Y62.48%
30.51
-0.05 (-0.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners84.35%
Inst Owner Change-60.15%
Ins Owners0.4%
Ins Owner Change18.32%
Market Cap5.75B
Analysts72.17
Price Target42.96 (40.81%)
Short Float %5.93%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.54% |
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)-6.65%
PT rev (3m)-13.5%
EPS NQ rev (1m)-337.43%
EPS NQ rev (3m)-209.17%
EPS NY rev (1m)-32.02%
EPS NY rev (3m)-55.21%
Revenue NQ rev (1m)-4.86%
Revenue NQ rev (3m)4.32%
Revenue NY rev (1m)-3.94%
Revenue NY rev (3m)-1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.13 | ||
| Fwd PE | 21.73 | ||
| P/S | 0.16 | ||
| P/FCF | 8.98 | ||
| P/OCF | 5.18 | ||
| P/B | 0.62 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | 5.03 |
EPS(TTM)0.98
EY3.21%
EPS(NY)1.4
Fwd EY4.6%
FCF(TTM)3.4
FCFY11.13%
OCF(TTM)5.89
OCFY19.31%
SpS188.99
BVpS49.24
TBVpS28.34
PEG (NY)0.72
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 | 3.32 |
F-Score6
WACC10.16%
ROIC/WACC0.41
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 Y43.28%
EPS Next 2Y78.29%
EPS Next 3Y62.48%
EPS Next 5Y49.5%
Revenue 1Y (TTM)11.4%
Revenue growth 3Y15.83%
Revenue growth 5Y10.32%
Sales Q2Q%-15.15%
Revenue Next Year-4.06%
Revenue Next 2Y-1.77%
Revenue Next 3Y-1.91%
Revenue Next 5Y0.82%
EBIT growth 1Y-69.14%
EBIT growth 3Y-29.67%
EBIT growth 5Y-27.99%
EBIT Next Year332.14%
EBIT Next 3Y87.06%
EBIT Next 5Y49.98%
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%