PAR PACIFIC HOLDINGS INC (PARR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PARR - US69888T2078 - Common Stock
44.26 USD
+1.87 (+4.41%)
44.75 USD
+0.49 (+1.11%)
Overall PARR gets a fundamental rating of 3 out of 10. We evaluated PARR against 209 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of PARR have multiple concerns. PARR scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
PARR had positive earnings in the past year.
PARR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PARR reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: PARR reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of PARR (-0.49%) is worse than 69.52% of its industry peers.
PARR's Return On Equity of -1.67% is on the low side compared to the rest of the industry. PARR is outperformed by 69.05% of its industry peers.
PARR has a Return On Invested Capital of 2.02%. This is in the lower half of the industry: PARR underperforms 69.05% of its industry peers.
PARR had an Average Return On Invested Capital over the past 3 years of 16.13%. This is significantly below the industry average of 21.66%.
The 3 year average ROIC (16.13%) for PARR is well above the current ROIC(2.02%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.49% | ||
| ROE | -1.67% | ||
| ROIC | 2.02% |
ROA(3y)9.7%
ROA(5y)1.35%
ROE(3y)36.09%
ROE(5y)-17.68%
ROIC(3y)16.13%
ROIC(5y)N/A
1.3 Margins
PARR has a worse Operating Margin (0.90%) than 73.81% of its industry peers.
In the last couple of years the Operating Margin of PARR has declined.
Looking at the Gross Margin, with a value of 3.92%, PARR is doing worse than 75.24% of the companies in the same industry.
PARR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.9% | ||
| PM (TTM) | N/A | ||
| GM | 3.92% |
OM growth 3YN/A
OM growth 5Y-23.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y33.41%
GM growth 5Y-5.53%
2. Health
2.1 Basic Checks
PARR has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, PARR has less shares outstanding
The number of shares outstanding for PARR has been increased compared to 5 years ago.
PARR has a worse debt/assets ratio than last year.
2.2 Solvency
PARR has an Altman-Z score of 2.73. This is not the best score and indicates that PARR is in the grey zone with still only limited risk for bankruptcy at the moment.
PARR's Altman-Z score of 2.73 is fine compared to the rest of the industry. PARR outperforms 78.57% of its industry peers.
The Debt to FCF ratio of PARR is 37.36, which is on the high side as it means it would take PARR, 37.36 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 37.36, PARR is in line with its industry, outperforming 40.48% of the companies in the same industry.
PARR has a Debt/Equity ratio of 0.97. This is a neutral value indicating PARR is somewhat dependend on debt financing.
PARR has a Debt to Equity ratio of 0.97. This is in the lower half of the industry: PARR underperforms 67.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 37.36 | ||
| Altman-Z | 2.73 |
ROIC/WACC0.23
WACC8.68%
2.3 Liquidity
PARR has a Current Ratio of 1.42. This is a normal value and indicates that PARR is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of PARR (1.42) is better than 64.76% of its industry peers.
A Quick Ratio of 0.56 indicates that PARR may have some problems paying its short term obligations.
PARR has a worse Quick ratio (0.56) than 78.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
PARR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 166.67%, which is quite impressive.
The earnings per share for PARR have been decreasing by -30.04% on average. This is quite bad
The Revenue for PARR has decreased by -10.11% in the past year. This is quite bad
PARR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.10% yearly.
EPS 1Y (TTM)166.67%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%6050%
Revenue 1Y (TTM)-10.11%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-6.11%
3.2 Future
PARR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 96.51% yearly.
Based on estimates for the next years, PARR will show a decrease in Revenue. The Revenue will decrease by -2.25% on average per year.
EPS Next Y1120.48%
EPS Next 2Y277.84%
EPS Next 3Y145.87%
EPS Next 5Y96.51%
Revenue Next Year-7.75%
Revenue Next 2Y-6.72%
Revenue Next 3Y-2.25%
Revenue Next 5YN/A
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
With a Price/Earnings ratio of 7.68, the valuation of PARR can be described as very cheap.
Based on the Price/Earnings ratio, PARR is valued cheaper than 89.05% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.45, PARR is valued rather cheaply.
A Price/Forward Earnings ratio of 10.69 indicates a reasonable valuation of PARR.
73.33% of the companies in the same industry are more expensive than PARR, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.46. PARR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 10.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PARR is valued a bit more expensive than 65.24% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PARR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 74.63 | ||
| EV/EBITDA | 15.05 |
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.
PARR's earnings are expected to grow with 145.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y277.84%
EPS Next 3Y145.87%
5. Dividend
5.1 Amount
PARR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
44.26
+1.87 (+4.41%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners101.1%
Inst Owner Change-2.66%
Ins Owners2.91%
Ins Owner Change-3.1%
Market Cap2.25B
Revenue(TTM)7.48B
Net Income(TTM)-19.15M
Analysts75.71
Price Target47.94 (8.31%)
Short Float %8.13%
Short Ratio3.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)35.13%
Min EPS beat(2)-26.18%
Max EPS beat(2)96.44%
EPS beat(4)2
Avg EPS beat(4)9.62%
Min EPS beat(4)-54.22%
Max EPS beat(4)96.44%
EPS beat(8)3
Avg EPS beat(8)24.35%
EPS beat(12)7
Avg EPS beat(12)25.25%
EPS beat(16)9
Avg EPS beat(16)17.08%
Revenue beat(2)2
Avg Revenue beat(2)12.79%
Min Revenue beat(2)9.34%
Max Revenue beat(2)16.23%
Revenue beat(4)4
Avg Revenue beat(4)10.84%
Min Revenue beat(4)6.46%
Max Revenue beat(4)16.23%
Revenue beat(8)7
Avg Revenue beat(8)8.12%
Revenue beat(12)11
Avg Revenue beat(12)9.72%
Revenue beat(16)15
Avg Revenue beat(16)8.73%
PT rev (1m)2.41%
PT rev (3m)25.17%
EPS NQ rev (1m)15.34%
EPS NQ rev (3m)87.18%
EPS NY rev (1m)22.88%
EPS NY rev (3m)131.33%
Revenue NQ rev (1m)-2.98%
Revenue NQ rev (3m)3.71%
Revenue NY rev (1m)1.52%
Revenue NY rev (3m)9.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 10.69 | ||
| P/S | 0.3 | ||
| P/FCF | 74.63 | ||
| P/OCF | 11.52 | ||
| P/B | 1.96 | ||
| P/tB | 2.23 | ||
| EV/EBITDA | 15.05 |
EPS(TTM)5.76
EY13.01%
EPS(NY)4.14
Fwd EY9.35%
FCF(TTM)0.59
FCFY1.34%
OCF(TTM)3.84
OCFY8.68%
SpS149.86
BVpS22.6
TBVpS19.88
PEG (NY)0.01
PEG (5Y)N/A
Graham Number54.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.49% | ||
| ROE | -1.67% | ||
| ROCE | 2.55% | ||
| ROIC | 2.02% | ||
| ROICexc | 2.15% | ||
| ROICexgc | 2.28% | ||
| OM | 0.9% | ||
| PM (TTM) | N/A | ||
| GM | 3.92% | ||
| FCFM | 0.4% |
ROA(3y)9.7%
ROA(5y)1.35%
ROE(3y)36.09%
ROE(5y)-17.68%
ROIC(3y)16.13%
ROIC(5y)N/A
ROICexc(3y)21.09%
ROICexc(5y)N/A
ROICexgc(3y)23.72%
ROICexgc(5y)N/A
ROCE(3y)20.42%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-26.87%
ROICexc growth 3YN/A
ROICexc growth 5Y-25.45%
OM growth 3YN/A
OM growth 5Y-23.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y33.41%
GM growth 5Y-5.53%
F-Score3
Asset Turnover1.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 37.36 | ||
| Debt/EBITDA | 5.41 | ||
| Cap/Depr | 119.54% | ||
| Cap/Sales | 2.17% | ||
| Interest Coverage | 0.87 | ||
| Cash Conversion | 94.42% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 2.73 |
F-Score3
WACC8.68%
ROIC/WACC0.23
Cap/Depr(3y)74.92%
Cap/Depr(5y)65.33%
Cap/Sales(3y)1.14%
Cap/Sales(5y)1.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)166.67%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%6050%
EPS Next Y1120.48%
EPS Next 2Y277.84%
EPS Next 3Y145.87%
EPS Next 5Y96.51%
Revenue 1Y (TTM)-10.11%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-6.11%
Revenue Next Year-7.75%
Revenue Next 2Y-6.72%
Revenue Next 3Y-2.25%
Revenue Next 5YN/A
EBIT growth 1Y-83.74%
EBIT growth 3YN/A
EBIT growth 5Y-17.6%
EBIT Next Year210.91%
EBIT Next 3Y55.7%
EBIT Next 5Y41.19%
FCF growth 1Y-95.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-73.52%
OCF growth 3YN/A
OCF growth 5Y-4.52%
PAR PACIFIC HOLDINGS INC / PARR FAQ
Can you provide the ChartMill fundamental rating for PAR PACIFIC HOLDINGS INC?
ChartMill assigns a fundamental rating of 3 / 10 to PARR.
What is the valuation status for PARR stock?
ChartMill assigns a valuation rating of 7 / 10 to PAR PACIFIC HOLDINGS INC (PARR). This can be considered as Undervalued.
How profitable is PAR PACIFIC HOLDINGS INC (PARR) stock?
PAR PACIFIC HOLDINGS INC (PARR) has a profitability rating of 2 / 10.
What is the financial health of PAR PACIFIC HOLDINGS INC (PARR) stock?
The financial health rating of PAR PACIFIC HOLDINGS INC (PARR) is 3 / 10.
Can you provide the expected EPS growth for PARR stock?
The Earnings per Share (EPS) of PAR PACIFIC HOLDINGS INC (PARR) is expected to grow by 1120.48% in the next year.