PAR PACIFIC HOLDINGS INC (PARR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PARR - US69888T2078 - Common Stock
36.24 USD
+1.16 (+3.31%)
36.35 USD
+0.11 (+0.3%)
Overall PARR gets a fundamental rating of 4 out of 10. We evaluated PARR against 207 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of PARR get a neutral evaluation. Nothing too spectacular is happening here. PARR is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year PARR was profitable.
- 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.
- 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 (5.79%) is better than 69.57% of its industry peers.
- With an excellent Return On Equity value of 16.90%, PARR belongs to the best of the industry, outperforming 83.09% of the companies in the same industry.
- PARR has a better Return On Invested Capital (11.13%) than 86.96% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for PARR is significantly below the industry average of 21.94%.
- The last Return On Invested Capital (11.13%) for PARR is well below the 3 year average (16.13%), which needs to be investigated, but indicates that PARR had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.79% | ||
| ROE | 16.9% | ||
| ROIC | 11.13% |
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
- The Profit Margin of PARR (3.15%) is comparable to the rest of the industry.
- PARR has a Operating Margin of 5.21%. This is in the lower half of the industry: PARR underperforms 63.77% of its industry peers.
- In the last couple of years the Operating Margin of PARR has declined.
- The Gross Margin of PARR (8.37%) is worse than 71.98% of its industry peers.
- PARR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.21% | ||
| PM (TTM) | 3.15% | ||
| GM | 8.37% |
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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PARR is creating value.
- PARR has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, PARR has more shares outstanding
- Compared to 1 year ago, PARR has a worse debt to assets ratio.
2.2 Solvency
- PARR has an Altman-Z score of 2.93. 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 has a better Altman-Z score (2.93) than 78.26% of its industry peers.
- PARR has a debt to FCF ratio of 5.87. This is a neutral value as PARR would need 5.87 years to pay back of all of its debts.
- The Debt to FCF ratio of PARR (5.87) is better than 60.87% of its industry peers.
- A Debt/Equity ratio of 0.70 indicates that PARR is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.70, PARR is not doing good in the industry: 60.39% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 5.87 | ||
| Altman-Z | 2.93 |
ROIC/WACC1.26
WACC8.84%
2.3 Liquidity
- PARR has a Current Ratio of 1.51. This is a normal value and indicates that PARR is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.51, PARR is in the better half of the industry, outperforming 67.15% of the companies in the same industry.
- PARR has a Quick Ratio of 1.51. This is a bad value and indicates that PARR is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.48, PARR is not doing good in the industry: 84.06% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
- The earnings per share for PARR have decreased strongly by -11.57% in the last year.
- 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
- Measured over the past years, PARR shows a quite strong growth in Revenue. The Revenue has been growing by 8.10% on average per year.
EPS 1Y (TTM)-11.57%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%2200%
Revenue 1Y (TTM)-10.11%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-6.11%
3.2 Future
- Based on estimates for the next years, PARR will show a very strong growth in Earnings Per Share. The EPS will grow by 96.51% on average per year.
- PARR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.87% yearly.
EPS Next Y1288.14%
EPS Next 2Y262.16%
EPS Next 3Y129.57%
EPS Next 5Y96.51%
Revenue Next Year-5.98%
Revenue Next 2Y-9.13%
Revenue Next 3Y-3.87%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better 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
- PARR is valuated rather expensively with a Price/Earnings ratio of 18.97.
- PARR's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 28.60, PARR is valued a bit cheaper.
- PARR is valuated reasonably with a Price/Forward Earnings ratio of 9.53.
- Based on the Price/Forward Earnings ratio, PARR is valued cheaply inside the industry as 84.54% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.83. PARR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.97 | ||
| Fwd PE | 9.53 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, PARR is valued a bit cheaper than the industry average as 79.23% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PARR indicates a somewhat cheap valuation: PARR is cheaper than 77.29% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.91 | ||
| EV/EBITDA | 4.97 |
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 PARR's earnings are expected to grow with 129.57% in the coming years.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y262.16%
EPS Next 3Y129.57%
5. Dividend
5.1 Amount
- PARR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
PAR PACIFIC HOLDINGS INC / PARR FAQ
Can you provide the ChartMill fundamental rating for PAR PACIFIC HOLDINGS INC?
ChartMill assigns a fundamental rating of 4 / 10 to PARR.
Can you provide the valuation status for PAR PACIFIC HOLDINGS INC?
ChartMill assigns a valuation rating of 6 / 10 to PAR PACIFIC HOLDINGS INC (PARR). This can be considered as Fairly Valued.
How profitable is PAR PACIFIC HOLDINGS INC (PARR) stock?
PAR PACIFIC HOLDINGS INC (PARR) has a profitability rating of 4 / 10.
Can you provide the financial health for PARR stock?
The financial health rating of PAR PACIFIC HOLDINGS INC (PARR) is 4 / 10.
What is the expected EPS growth for PAR PACIFIC HOLDINGS INC (PARR) stock?
The Earnings per Share (EPS) of PAR PACIFIC HOLDINGS INC (PARR) is expected to grow by 1288.14% in the next year.