UGI CORP (UGI) Stock Fundamental Analysis
NYSE:UGI - New York Stock Exchange, Inc. - US9026811052 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to UGI. UGI was compared to 14 industry peers in the Gas Utilities industry. UGI has a medium profitability rating, but doesn't score so well on its financial health evaluation. UGI has a valuation in line with the averages, but on the other hand it scores bad on growth. UGI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year UGI was profitable.
UGI had a positive operating cash flow in the past year.
UGI had positive earnings in 4 of the past 5 years.
UGI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
UGI has a better Return On Assets (3.57%) than 64.29% of its industry peers.
UGI has a better Return On Equity (12.01%) than 78.57% of its industry peers.
UGI has a better Return On Invested Capital (6.38%) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.57% | ||
| ROE | 12.01% | ||
| ROIC | 6.38% |
ROA(3y)-0.62%
ROA(5y)2.14%
ROE(3y)-3.46%
ROE(5y)5.82%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 7.73%, UGI perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
UGI's Profit Margin has been stable in the last couple of years.
UGI has a worse Operating Margin (15.62%) than 64.29% of its industry peers.
UGI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 50.82%, UGI is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of UGI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.62% | ||
| PM (TTM) | 7.73% | ||
| GM | 50.82% |
OM growth 3Y-23.23%
OM growth 5Y32.8%
PM growth 3Y-42.57%
PM growth 5Y1.3%
GM growth 3Y-8.35%
GM growth 5Y6.63%
2. Health
2.1 Basic Checks
UGI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for UGI has been increased compared to 1 year ago.
The number of shares outstanding for UGI has been increased compared to 5 years ago.
UGI has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.39, we must say that UGI is in the distress zone and has some risk of bankruptcy.
UGI has a better Altman-Z score (1.39) than 71.43% of its industry peers.
UGI has a debt to FCF ratio of 19.32. This is a negative value and a sign of low solvency as UGI would need 19.32 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 19.32, UGI is doing good in the industry, outperforming 71.43% of the companies in the same industry.
UGI has a Debt/Equity ratio of 1.53. This is a high value indicating a heavy dependency on external financing.
UGI's Debt to Equity ratio of 1.53 is on the low side compared to the rest of the industry. UGI is outperformed by 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 19.32 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.96
WACC6.67%
2.3 Liquidity
UGI has a Current Ratio of 1.00. This is a normal value and indicates that UGI is financially healthy and should not expect problems in meeting its short term obligations.
UGI has a Current ratio of 1.00. This is amongst the best in the industry. UGI outperforms 92.86% of its industry peers.
A Quick Ratio of 0.82 indicates that UGI may have some problems paying its short term obligations.
UGI's Quick ratio of 0.82 is amongst the best of the industry. UGI outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
UGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.34%, which is quite good.
UGI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.76% yearly.
The Revenue for UGI has decreased by -14.13% in the past year. This is quite bad
UGI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.30% yearly.
EPS 1Y (TTM)11.34%
EPS 3Y1.11%
EPS 5Y5.76%
EPS Q2Q%14.17%
Revenue 1Y (TTM)-14.13%
Revenue growth 3Y-1.07%
Revenue growth 5Y-0.3%
Sales Q2Q%-4.29%
3.2 Future
The Earnings Per Share is expected to grow by 2.62% on average over the next years.
Based on estimates for the next years, UGI will show a decrease in Revenue. The Revenue will decrease by -0.22% on average per year.
EPS Next Y-1.96%
EPS Next 2Y0.78%
EPS Next 3Y2.36%
EPS Next 5Y2.62%
Revenue Next Year-8.27%
Revenue Next 2Y-0.35%
Revenue Next 3Y-0.6%
Revenue Next 5Y-0.22%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.00, which indicates a very decent valuation of UGI.
Compared to the rest of the industry, the Price/Earnings ratio of UGI indicates a rather cheap valuation: UGI is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.29. UGI is valued rather cheaply when compared to this.
UGI is valuated reasonably with a Price/Forward Earnings ratio of 10.39.
Based on the Price/Forward Earnings ratio, UGI is valued cheaper than 92.86% of the companies in the same industry.
UGI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10 | ||
| Fwd PE | 10.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UGI indicates a somewhat cheap valuation: UGI is cheaper than 78.57% of the companies listed in the same industry.
71.43% of the companies in the same industry are more expensive than UGI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.52 | ||
| EV/EBITDA | 8.25 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.74
EPS Next 2Y0.78%
EPS Next 3Y2.36%
5. Dividend
5.1 Amount
UGI has a Yearly Dividend Yield of 4.52%, which is a nice return.
Compared to an average industry Dividend Yield of 3.86, UGI pays a bit more dividend than its industry peers.
UGI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
5.2 History
The dividend of UGI is nicely growing with an annual growth rate of 7.58%!
UGI has paid a dividend for at least 10 years, which is a reliable track record.
UGI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.58%
Div Incr Years33
Div Non Decr Years33
5.3 Sustainability
58.18% of the earnings are spent on dividend by UGI. This is a bit on the high side, but may be sustainable.
UGI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP58.18%
EPS Next 2Y0.78%
EPS Next 3Y2.36%
32.41
-0.74 (-2.23%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners93.66%
Inst Owner Change1.64%
Ins Owners0.08%
Ins Owner Change3.62%
Market Cap6.96B
Analysts82.5
Price Target36.47 (12.53%)
Short Float %6.54%
Short Ratio6.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
Yearly Dividend1.5
Dividend Growth(5Y)7.58%
DP58.18%
Div Incr Years33
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.04%
Min EPS beat(2)22.7%
Max EPS beat(2)45.37%
EPS beat(4)4
Avg EPS beat(4)72.96%
Min EPS beat(4)18.93%
Max EPS beat(4)204.83%
EPS beat(8)6
Avg EPS beat(8)42.99%
EPS beat(12)9
Avg EPS beat(12)34.43%
EPS beat(16)11
Avg EPS beat(16)28.33%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.14%
PT rev (3m)9.16%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.19%
EPS NY rev (1m)1.94%
EPS NY rev (3m)1.48%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.62%
Revenue NY rev (3m)-17.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10 | ||
| Fwd PE | 10.39 | ||
| P/S | 0.98 | ||
| P/FCF | 18.52 | ||
| P/OCF | 5.67 | ||
| P/B | 1.52 | ||
| P/tB | 4.96 | ||
| EV/EBITDA | 8.25 |
EPS(TTM)3.24
EY10%
EPS(NY)3.12
Fwd EY9.62%
FCF(TTM)1.75
FCFY5.4%
OCF(TTM)5.71
OCFY17.62%
SpS33.14
BVpS21.32
TBVpS6.54
PEG (NY)N/A
PEG (5Y)1.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.57% | ||
| ROE | 12.01% | ||
| ROCE | 8.32% | ||
| ROIC | 6.38% | ||
| ROICexc | 6.49% | ||
| ROICexgc | 8.48% | ||
| OM | 15.62% | ||
| PM (TTM) | 7.73% | ||
| GM | 50.82% | ||
| FCFM | 5.28% |
ROA(3y)-0.62%
ROA(5y)2.14%
ROE(3y)-3.46%
ROE(5y)5.82%
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 3Y-25.19%
ROICexcg growth 5Y24.94%
ROICexc growth 3Y-22.84%
ROICexc growth 5Y29%
OM growth 3Y-23.23%
OM growth 5Y32.8%
PM growth 3Y-42.57%
PM growth 5Y1.3%
GM growth 3Y-8.35%
GM growth 5Y6.63%
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 19.32 | ||
| Debt/EBITDA | 4.21 | ||
| Cap/Depr | 154.17% | ||
| Cap/Sales | 11.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.74% | ||
| Profit Quality | 68.36% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.39 |
F-Score7
WACC6.67%
ROIC/WACC0.96
Cap/Depr(3y)160.92%
Cap/Depr(5y)151.11%
Cap/Sales(3y)9.97%
Cap/Sales(5y)9.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.34%
EPS 3Y1.11%
EPS 5Y5.76%
EPS Q2Q%14.17%
EPS Next Y-1.96%
EPS Next 2Y0.78%
EPS Next 3Y2.36%
EPS Next 5Y2.62%
Revenue 1Y (TTM)-14.13%
Revenue growth 3Y-1.07%
Revenue growth 5Y-0.3%
Sales Q2Q%-4.29%
Revenue Next Year-8.27%
Revenue Next 2Y-0.35%
Revenue Next 3Y-0.6%
Revenue Next 5Y-0.22%
EBIT growth 1Y40.76%
EBIT growth 3Y-24.06%
EBIT growth 5Y32.4%
EBIT Next Year81.74%
EBIT Next 3Y32.67%
EBIT Next 5Y24.91%
FCF growth 1Y55.37%
FCF growth 3Y-21.27%
FCF growth 5Y0.66%
OCF growth 1Y14.67%
OCF growth 3Y-7.24%
OCF growth 5Y1.86%