PAR PACIFIC HOLDINGS INC (PARR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PARR - US69888T2078 - Common Stock
37.49 USD
+1.5 (+4.17%)
PARR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. PARR has only an average score on both its financial health and profitability. 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.
- The reported net income has been mixed in the past 5 years: PARR reported negative net income in multiple years.
- In multiple years PARR reported negative operating cash flow during the last 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 5.79%, PARR is in the better half of the industry, outperforming 69.57% of the companies in the same industry.
- PARR has a Return On Equity of 16.90%. This is amongst the best in the industry. PARR outperforms 83.09% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 11.13%, PARR belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for PARR is significantly below the industry average of 21.94%.
- The 3 year average ROIC (16.13%) for PARR is well above the current ROIC(11.13%). The reason for the recent decline needs to be investigated.
| 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
- PARR has a Profit Margin (3.15%) which is in line with its industry peers.
- 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.
- With a Gross Margin value of 8.37%, PARR is not doing good in the industry: 71.98% of the companies in the same industry are doing better.
- 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.
- The number of shares outstanding for PARR has been reduced compared to 1 year ago.
- 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 2.92. 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.
- The Altman-Z score of PARR (2.92) is better than 80.19% of its industry peers.
- The Debt to FCF ratio of PARR is 5.87, which is a neutral value as it means it would take PARR, 5.87 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 5.87, PARR is doing good in the industry, outperforming 60.87% of the companies in the same industry.
- PARR has a Debt/Equity ratio of 0.70. This is a neutral value indicating PARR is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.70, PARR is doing worse than 60.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 5.87 | ||
| Altman-Z | 2.92 |
ROIC/WACC1.28
WACC8.7%
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.
- PARR has a Quick ratio of 0.48. This is amonst the worse of the industry: PARR underperforms 84.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
- PARR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.57%.
- Measured over the past years, PARR shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -30.04% on average per year.
- Looking at the last year, PARR shows a very negative growth in Revenue. The Revenue has decreased by -10.11% 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)-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
- The Earnings Per Share is expected to grow by 96.51% on average over the next years. This is a very strong growth
- Based on estimates for the next years, PARR will show a decrease in Revenue. The Revenue will decrease by -3.87% on average per year.
EPS Next Y1420.62%
EPS Next 2Y287.95%
EPS Next 3Y143.32%
EPS Next 5Y96.51%
Revenue Next Year-6.06%
Revenue Next 2Y-9.16%
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
- A Price/Earnings ratio of 19.63 indicates a rather expensive valuation of PARR.
- PARR's Price/Earnings is on the same level as the industry average.
- PARR is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
- PARR is valuated reasonably with a Price/Forward Earnings ratio of 8.59.
- 88.41% of the companies in the same industry are more expensive than PARR, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.32, PARR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.63 | ||
| Fwd PE | 8.59 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PARR indicates a somewhat cheap valuation: PARR is cheaper than 77.29% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PARR indicates a somewhat cheap valuation: PARR is cheaper than 76.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.29 | ||
| EV/EBITDA | 4.94 |
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 143.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y287.95%
EPS Next 3Y143.32%
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 1420.62% in the next year.