HF SINCLAIR CORP (DINO) Stock Fundamental Analysis
NYSE:DINO - New York Stock Exchange, Inc. - US4039491000 - Common Stock - Currency: USD
DINO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 211 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 negative earnings in the past year.
DINO had a positive operating cash flow in the past year.
DINO had positive earnings in 4 of the past 5 years.
DINO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of DINO (1.03%) is worse than 61.61% of its industry peers.
DINO has a worse Return On Equity (1.85%) than 61.61% of its industry peers.
DINO's Return On Invested Capital of 2.13% is on the low side compared to the rest of the industry. DINO is outperformed by 69.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DINO is significantly below the industry average of 23.79%.
The 3 year average ROIC (12.20%) for DINO is well above the current ROIC(2.13%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 1.85% | ||
| ROIC | 2.13% |
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
DINO has a worse Profit Margin (0.49%) than 66.35% of its industry peers.
In the last couple of years the Profit Margin of DINO has declined.
DINO has a Operating Margin of 1.03%. This is in the lower half of the industry: DINO underperforms 73.93% of its industry peers.
In the last couple of years the Operating Margin of DINO has declined.
The Gross Margin of DINO (14.45%) is worse than 67.77% of its industry peers.
DINO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.03% | ||
| PM (TTM) | 0.49% | ||
| GM | 14.45% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DINO is creating some value.
The number of shares outstanding for DINO has been reduced compared to 1 year ago.
DINO has more shares outstanding than it did 5 years ago.
The debt/assets ratio for DINO is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.49 indicates that DINO is not in any danger for bankruptcy at the moment.
DINO has a better Altman-Z score (3.49) than 85.78% of its industry peers.
DINO has a debt to FCF ratio of 11.63. This is a negative value and a sign of low solvency as DINO would need 11.63 years to pay back of all of its debts.
DINO has a Debt to FCF ratio (11.63) which is in line with its industry peers.
A Debt/Equity ratio of 0.30 indicates that DINO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.30, DINO is in the better half of the industry, outperforming 63.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 11.63 | ||
| Altman-Z | 3.49 |
ROIC/WACC0.23
WACC9.16%
2.3 Liquidity
DINO has a Current Ratio of 1.87. This is a normal value and indicates that DINO is financially healthy and should not expect problems in meeting its short term obligations.
DINO's Current ratio of 1.87 is fine compared to the rest of the industry. DINO outperforms 75.36% of its industry peers.
A Quick Ratio of 0.76 indicates that DINO may have some problems paying its short term obligations.
With a Quick ratio value of 0.76, DINO is not doing good in the industry: 65.88% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.87 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
DINO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -100.00%.
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.
The Revenue has grown by 11.21% in the past year. This is quite good.
Measured over the past years, DINO shows a quite strong growth in Revenue. The Revenue has been growing by 10.32% on average per year.
EPS 1Y (TTM)-100%
EPS 3Y-13.42%
EPS 5Y-27.46%
EPS Q2Q%-138.03%
Revenue 1Y (TTM)11.21%
Revenue growth 3Y15.83%
Revenue growth 5Y10.32%
Sales Q2Q%-9.35%
3.2 Future
Based on estimates for the next years, DINO will show a very strong growth in Earnings Per Share. The EPS will grow by 52.98% on average per year.
DINO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.82% yearly.
EPS Next Y96.85%
EPS Next 2Y85.88%
EPS Next 3Y62.49%
EPS Next 5Y52.98%
Revenue Next Year-7.31%
Revenue Next 2Y-2.88%
Revenue Next 3Y-2.69%
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.
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
Based on the Price/Forward Earnings ratio of 13.34, the valuation of DINO can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as DINO.
DINO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.34 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DINO.
DINO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.88 | ||
| EV/EBITDA | 8.93 |
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.
A more expensive valuation may be justified as DINO's earnings are expected to grow with 62.49% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y85.88%
EPS Next 3Y62.49%
5. Dividend
5.1 Amount
DINO has a Yearly Dividend Yield of 4.53%, which is a nice return.
Compared to an average industry Dividend Yield of 6.51, 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 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
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
224.50% of the earnings are spent on dividend by DINO. This is not a sustainable payout ratio.
The dividend of DINO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP224.5%
EPS Next 2Y85.88%
EPS Next 3Y62.49%
45.17
-0.85 (-1.85%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners85.57%
Inst Owner Change0%
Ins Owners0.36%
Ins Owner Change0%
Market Cap8.51B
Analysts74.78
Price Target42.23 (-6.51%)
Short Float %5.44%
Short Ratio3.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
Yearly Dividend1.99
Dividend Growth(5Y)8.07%
DP224.5%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)14.37%
Min EPS beat(2)-10.57%
Max EPS beat(2)39.31%
EPS beat(4)3
Avg EPS beat(4)23.18%
Min EPS beat(4)-10.57%
Max EPS beat(4)56.64%
EPS beat(8)7
Avg EPS beat(8)17.44%
EPS beat(12)10
Avg EPS beat(12)14.67%
EPS beat(16)13
Avg EPS beat(16)54.5%
Revenue beat(2)1
Avg Revenue beat(2)-1.71%
Min Revenue beat(2)-6.34%
Max Revenue beat(2)2.91%
Revenue beat(4)3
Avg Revenue beat(4)0.14%
Min Revenue beat(4)-6.34%
Max Revenue beat(4)3.42%
Revenue beat(8)5
Avg Revenue beat(8)-1.06%
Revenue beat(12)9
Avg Revenue beat(12)3.17%
Revenue beat(16)13
Avg Revenue beat(16)13.95%
PT rev (1m)3.88%
PT rev (3m)-6.33%
EPS NQ rev (1m)8.16%
EPS NQ rev (3m)3.79%
EPS NY rev (1m)6.96%
EPS NY rev (3m)-6.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.34 | ||
| P/S | 0.24 | ||
| P/FCF | 35.88 | ||
| P/OCF | 12.09 | ||
| P/B | 0.93 | ||
| P/tB | 1.61 | ||
| EV/EBITDA | 8.93 |
EPS(TTM)0
EYN/A
EPS(NY)3.39
Fwd EY7.5%
FCF(TTM)1.26
FCFY2.79%
OCF(TTM)3.74
OCFY8.27%
SpS185.5
BVpS48.76
TBVpS28.06
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 1.85% | ||
| ROCE | 2.6% | ||
| ROIC | 2.13% | ||
| ROICexc | 2.22% | ||
| ROICexgc | 3.14% | ||
| OM | 1.03% | ||
| PM (TTM) | 0.49% | ||
| GM | 14.45% | ||
| FCFM | 0.68% |
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-Score5
Asset Turnover2.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 11.63 | ||
| Debt/EBITDA | 2.25 | ||
| Cap/Depr | 54.4% | ||
| Cap/Sales | 1.34% | ||
| Interest Coverage | 2.01 | ||
| Cash Conversion | 57.75% | ||
| Profit Quality | 139.54% | ||
| Current Ratio | 1.87 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 3.49 |
F-Score5
WACC9.16%
ROIC/WACC0.23
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)-100%
EPS 3Y-13.42%
EPS 5Y-27.46%
EPS Q2Q%-138.03%
EPS Next Y96.85%
EPS Next 2Y85.88%
EPS Next 3Y62.49%
EPS Next 5Y52.98%
Revenue 1Y (TTM)11.21%
Revenue growth 3Y15.83%
Revenue growth 5Y10.32%
Sales Q2Q%-9.35%
Revenue Next Year-7.31%
Revenue Next 2Y-2.88%
Revenue Next 3Y-2.69%
Revenue Next 5Y0.82%
EBIT growth 1Y-83.15%
EBIT growth 3Y-29.67%
EBIT growth 5Y-27.99%
EBIT Next Year359.58%
EBIT Next 3Y83.91%
EBIT Next 5Y48.77%
FCF growth 1Y-92.17%
FCF growth 3YN/A
FCF growth 5Y-12.6%
OCF growth 1Y-79.85%
OCF growth 3Y39.75%
OCF growth 5Y-6.44%