PAR PACIFIC HOLDINGS INC (PARR) Stock Fundamental Analysis
USA - NYSE:PARR - US69888T2078 - Common Stock
35.3 USD
+1.25 (+3.67%)
35.3 USD
0 (0%)
Taking everything into account, PARR scores 2 out of 10 in our fundamental rating. PARR was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. PARR may be in some trouble as it scores bad on both profitability and health. PARR is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PARR has reported negative net income.
PARR had a positive operating cash flow in the past year.
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's Return On Assets of -0.49% is on the low side compared to the rest of the industry. PARR is outperformed by 69.67% 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 69.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.02%, PARR is doing worse than 69.67% of the companies in the same industry.
PARR had an Average Return On Invested Capital over the past 3 years of 16.13%. This is significantly below the industry average of 21.53%.
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 74.41% of its industry peers.
In the last couple of years the Operating Margin of PARR has declined.
PARR's Gross Margin of 3.92% is on the low side compared to the rest of the industry. PARR is outperformed by 74.88% of its industry peers.
In the last couple of years the Gross Margin of PARR has declined.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so PARR is creating value.
Compared to 1 year ago, PARR has less shares outstanding
Compared to 5 years ago, PARR has more shares outstanding
PARR has a worse debt/assets ratio than last year.
2.2 Solvency
PARR has an Altman-Z score of 2.65. 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 2.65 is fine compared to the rest of the industry. PARR outperforms 77.25% of its industry peers.
PARR has a debt to FCF ratio of 37.36. This is a negative value and a sign of low solvency as PARR would need 37.36 years to pay back of all of its debts.
The Debt to FCF ratio of PARR (37.36) is comparable to the rest of the 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 worse Debt to Equity ratio (0.97) than 67.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 37.36 | ||
| Altman-Z | 2.65 |
ROIC/WACC0.23
WACC8.69%
2.3 Liquidity
A Current Ratio of 1.42 indicates that PARR should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.42, PARR is doing good in the industry, outperforming 63.51% of the companies in the same industry.
PARR has a Quick Ratio of 1.42. This is a bad value and indicates that PARR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.56, PARR is doing worse than 78.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The earnings per share for PARR have decreased strongly by -105.36% in the last year.
The earnings per share for PARR have been decreasing by -30.04% on average. This is quite bad
Looking at the last year, PARR shows a very negative growth in Revenue. The Revenue has decreased by -13.09% in the last year.
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)-105.36%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%214.29%
Revenue 1Y (TTM)-13.09%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-6.15%
3.2 Future
PARR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 90.57% yearly.
PARR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.70% yearly.
EPS Next Y893.27%
EPS Next 2Y253.15%
EPS Next 3Y139.02%
EPS Next 5Y90.57%
Revenue Next Year-9.13%
Revenue Next 2Y-7.78%
Revenue Next 3Y-3.7%
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.
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 negative for PARR. In the last year negative earnings were reported.
PARR is valuated reasonably with a Price/Forward Earnings ratio of 9.76.
PARR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PARR is cheaper than 70.14% of the companies in the same industry.
PARR is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.76 |
4.2 Price Multiples
PARR's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. PARR is more expensive than 62.56% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as PARR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.52 | ||
| EV/EBITDA | 13.3 |
4.3 Compensation for Growth
PARR's 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 139.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y253.15%
EPS Next 3Y139.02%
5. Dividend
5.1 Amount
PARR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.3
+1.25 (+3.67%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners101.1%
Inst Owner Change-0.82%
Ins Owners2.91%
Ins Owner Change-0.08%
Market Cap1.79B
Analysts75.71
Price Target39.27 (11.25%)
Short Float %7.59%
Short Ratio2.43
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)13.79%
PT rev (3m)32.76%
EPS NQ rev (1m)24.85%
EPS NQ rev (3m)56.95%
EPS NY rev (1m)35.51%
EPS NY rev (3m)88.27%
Revenue NQ rev (1m)2.38%
Revenue NQ rev (3m)8.65%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)7.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.76 | ||
| P/S | 0.24 | ||
| P/FCF | 59.52 | ||
| P/OCF | 9.19 | ||
| P/B | 1.56 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 13.3 |
EPS(TTM)-0.29
EYN/A
EPS(NY)3.62
Fwd EY10.25%
FCF(TTM)0.59
FCFY1.68%
OCF(TTM)3.84
OCFY10.88%
SpS149.86
BVpS22.6
TBVpS19.88
PEG (NY)N/A
PEG (5Y)N/A
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
ROICexcg growth 3YN/A
ROICexcg 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 | 2.65 |
F-Score3
WACC8.69%
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)-105.36%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%214.29%
EPS Next Y893.27%
EPS Next 2Y253.15%
EPS Next 3Y139.02%
EPS Next 5Y90.57%
Revenue 1Y (TTM)-13.09%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-6.15%
Revenue Next Year-9.13%
Revenue Next 2Y-7.78%
Revenue Next 3Y-3.7%
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 5Y41.49%
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%