PAR PACIFIC HOLDINGS INC (PARR) Stock Fundamental Analysis
NYSE:PARR - New York Stock Exchange, Inc. - US69888T2078 - Common Stock - Currency: USD
Overall PARR gets a fundamental rating of 3 out of 10. We evaluated PARR against 211 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of PARR while its profitability can be described as average. PARR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PARR had positive earnings in the past year.
In the past year PARR had a positive cash flow from operations.
In multiple years PARR reported negative net income over the last 5 years.
In multiple years PARR reported negative operating cash flow during the last 5 years.
1.2 Ratios
PARR has a Return On Assets of 8.09%. This is in the better half of the industry: PARR outperforms 68.63% of its industry peers.
PARR has a Return On Equity of 24.86%. This is amongst the best in the industry. PARR outperforms 83.33% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.37%, PARR is in line with its industry, outperforming 52.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.09% | ||
| ROE | 24.86% | ||
| ROIC | 7.37% |
ROA(3y)8.93%
ROA(5y)1.82%
ROE(3y)26.82%
ROE(5y)-15.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 3.74%, PARR is not doing good in the industry: 66.18% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of PARR has grown nicely.
With a Operating Margin value of 3.15%, PARR is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of PARR has grown nicely.
With a Gross Margin value of 6.04%, PARR is not doing good in the industry: 77.45% of the companies in the same industry are doing better.
PARR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.15% | ||
| PM (TTM) | 3.74% | ||
| GM | 6.04% |
OM growth 3YN/A
OM growth 5Y32.02%
PM growth 3YN/A
PM growth 5Y50.65%
GM growth 3YN/A
GM growth 5Y16.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PARR is destroying value.
Compared to 1 year ago, PARR has less shares outstanding
Compared to 5 years ago, PARR has more shares outstanding
The debt/assets ratio for PARR is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.95 indicates that PARR is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of PARR (2.95) is better than 74.51% of its industry peers.
A Debt/Equity ratio of 0.84 indicates that PARR is somewhat dependend on debt financing.
PARR's Debt to Equity ratio of 0.84 is on the low side compared to the rest of the industry. PARR is outperformed by 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.95 |
ROIC/WACC0.69
WACC10.64%
2.3 Liquidity
PARR has a Current Ratio of 1.69. This is a normal value and indicates that PARR is financially healthy and should not expect problems in meeting its short term obligations.
PARR has a Current ratio of 1.69. This is in the better half of the industry: PARR outperforms 67.65% of its industry peers.
PARR has a Quick Ratio of 1.69. This is a bad value and indicates that PARR is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of PARR (0.66) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The earnings per share for PARR have decreased strongly by -76.85% in the last year.
Measured over the past years, PARR shows a very strong growth in Earnings Per Share. The EPS has been growing by 51.46% on average per year.
Looking at the last year, PARR shows a small growth in Revenue. The Revenue has grown by 5.96% in the last year.
PARR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.27% yearly.
EPS 1Y (TTM)-76.85%
EPS 3YN/A
EPS 5Y51.46%
EPS Q2Q%-103.17%
Revenue 1Y (TTM)5.96%
Revenue growth 3Y38.11%
Revenue growth 5Y19.27%
Sales Q2Q%-16.88%
3.2 Future
Based on estimates for the next years, PARR will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.52% on average per year.
PARR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.68% yearly.
EPS Next Y-98.09%
EPS Next 2Y-60.57%
EPS Next 3Y-28.18%
EPS Next 5Y-16.51%
Revenue Next Year-4.63%
Revenue Next 2Y-10.5%
Revenue Next 3Y-6.68%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 7.23, which indicates a rather cheap valuation of PARR.
PARR's Price/Earnings ratio is a bit cheaper when compared to the industry. PARR is cheaper than 76.96% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, PARR is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.24, PARR is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PARR is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, PARR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 12.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PARR is valued a bit cheaper than the industry average as 71.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.57 |
4.3 Compensation for Growth
A cheap valuation may be justified as PARR's earnings are expected to decrease with -28.18% in the coming years.
PEG (NY)N/A
PEG (5Y)0.14
EPS Next 2Y-60.57%
EPS Next 3Y-28.18%
5. Dividend
5.1 Amount
PARR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
15.62
-0.64 (-3.94%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners96.3%
Inst Owner Change-2.93%
Ins Owners2.44%
Ins Owner Change0.11%
Market Cap873.94M
Analysts75.71
Price Target22.44 (43.66%)
Short Float %5.72%
Short Ratio3.26
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)64.06%
Min EPS beat(2)-54.22%
Max EPS beat(2)182.35%
EPS beat(4)1
Avg EPS beat(4)25.69%
Min EPS beat(4)-54.22%
Max EPS beat(4)182.35%
EPS beat(8)4
Avg EPS beat(8)21.16%
EPS beat(12)6
Avg EPS beat(12)13.5%
EPS beat(16)7
Avg EPS beat(16)9.53%
Revenue beat(2)2
Avg Revenue beat(2)9.95%
Min Revenue beat(2)8.58%
Max Revenue beat(2)11.32%
Revenue beat(4)3
Avg Revenue beat(4)5.54%
Min Revenue beat(4)-0.07%
Max Revenue beat(4)11.32%
Revenue beat(8)7
Avg Revenue beat(8)8.2%
Revenue beat(12)11
Avg Revenue beat(12)8.24%
Revenue beat(16)14
Avg Revenue beat(16)7.47%
PT rev (1m)0.76%
PT rev (3m)-5.04%
EPS NQ rev (1m)-169.74%
EPS NQ rev (3m)-970.94%
EPS NY rev (1m)-80.46%
EPS NY rev (3m)-85.32%
Revenue NQ rev (1m)-5.75%
Revenue NQ rev (3m)-6.97%
Revenue NY rev (1m)-0.42%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 12.24 | ||
| P/S | 0.1 | ||
| P/FCF | N/A | ||
| P/OCF | 9.01 | ||
| P/B | 0.7 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 4.57 |
EPS(TTM)2.16
EY13.83%
EPS(NY)1.28
Fwd EY8.17%
FCF(TTM)-0.35
FCFYN/A
OCF(TTM)1.73
OCFY11.1%
SpS148.81
BVpS22.41
TBVpS19.93
PEG (NY)N/A
PEG (5Y)0.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.09% | ||
| ROE | 24.86% | ||
| ROCE | 9.33% | ||
| ROIC | 7.37% | ||
| ROICexc | 7.88% | ||
| ROICexgc | 8.32% | ||
| OM | 3.15% | ||
| PM (TTM) | 3.74% | ||
| GM | 6.04% | ||
| FCFM | N/A |
ROA(3y)8.93%
ROA(5y)1.82%
ROE(3y)26.82%
ROE(5y)-15.88%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y28.73%
ROICexc growth 3YN/A
ROICexc growth 5Y32.78%
OM growth 3YN/A
OM growth 5Y32.02%
PM growth 3YN/A
PM growth 5Y50.65%
GM growth 3YN/A
GM growth 5Y16.94%
F-Score5
Asset Turnover2.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.69 | ||
| Cap/Depr | 90.54% | ||
| Cap/Sales | 1.4% | ||
| Interest Coverage | 3.91 | ||
| Cash Conversion | 24.84% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 2.95 |
F-Score5
WACC10.64%
ROIC/WACC0.69
Cap/Depr(3y)51.03%
Cap/Depr(5y)64.22%
Cap/Sales(3y)0.78%
Cap/Sales(5y)1.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-76.85%
EPS 3YN/A
EPS 5Y51.46%
EPS Q2Q%-103.17%
EPS Next Y-98.09%
EPS Next 2Y-60.57%
EPS Next 3Y-28.18%
EPS Next 5Y-16.51%
Revenue 1Y (TTM)5.96%
Revenue growth 3Y38.11%
Revenue growth 5Y19.27%
Sales Q2Q%-16.88%
Revenue Next Year-4.63%
Revenue Next 2Y-10.5%
Revenue Next 3Y-6.68%
Revenue Next 5YN/A
EBIT growth 1Y-57.9%
EBIT growth 3YN/A
EBIT growth 5Y57.46%
EBIT Next Year-60.59%
EBIT Next 3Y-10.9%
EBIT Next 5Y-3.23%
FCF growth 1Y-108.09%
FCF growth 3YN/A
FCF growth 5Y63.75%
OCF growth 1Y-66.19%
OCF growth 3YN/A
OCF growth 5Y44.92%