ULTRAPAR PARTICPAC-SPON ADR (UGP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UGP - US90400P1012 - ADR
3.73 USD
+0.1 (+2.75%)
Overall UGP gets a fundamental rating of 6 out of 10. We evaluated UGP against 123 industry peers in the Specialty Retail industry. UGP has an average financial health and profitability rating. UGP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. UGP also has an excellent dividend rating. These ratings could make UGP a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
UGP had positive earnings in the past year.
In the past year UGP had a positive cash flow from operations.
UGP had positive earnings in each of the past 5 years.
UGP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of UGP (6.44%) is better than 77.24% of its industry peers.
UGP has a better Return On Equity (18.26%) than 77.24% of its industry peers.
The Return On Invested Capital of UGP (10.04%) is better than 73.98% of its industry peers.
UGP had an Average Return On Invested Capital over the past 3 years of 10.37%. This is in line with the industry average of 12.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.44% | ||
| ROE | 18.26% | ||
| ROIC | 10.04% |
ROA(3y)5.76%
ROA(5y)4.39%
ROE(3y)16.34%
ROE(5y)13.37%
ROIC(3y)10.37%
ROIC(5y)7.58%
1.3 Margins
The Profit Margin of UGP (2.12%) is better than 60.98% of its industry peers.
In the last couple of years the Profit Margin of UGP has grown nicely.
Looking at the Operating Margin, with a value of 3.96%, UGP is in the better half of the industry, outperforming 60.16% of the companies in the same industry.
UGP's Operating Margin has improved in the last couple of years.
The Gross Margin of UGP (7.10%) is worse than 92.68% of its industry peers.
UGP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.96% | ||
| PM (TTM) | 2.12% | ||
| GM | 7.1% |
OM growth 3Y42.59%
OM growth 5Y11.25%
PM growth 3Y31.69%
PM growth 5Y33.44%
GM growth 3Y17.53%
GM growth 5Y1.18%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so UGP is still creating some value.
Compared to 1 year ago, UGP has less shares outstanding
The number of shares outstanding for UGP has been reduced compared to 5 years ago.
Compared to 1 year ago, UGP has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.37 indicates that UGP is not in any danger for bankruptcy at the moment.
UGP has a Altman-Z score of 4.37. This is amongst the best in the industry. UGP outperforms 85.37% of its industry peers.
UGP has a debt to FCF ratio of 9.53. This is a negative value and a sign of low solvency as UGP would need 9.53 years to pay back of all of its debts.
UGP has a Debt to FCF ratio (9.53) which is comparable to the rest of the industry.
UGP has a Debt/Equity ratio of 0.97. This is a neutral value indicating UGP is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.97, UGP perfoms like the industry average, outperforming 42.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 9.53 | ||
| Altman-Z | 4.37 |
ROIC/WACC0.99
WACC10.13%
2.3 Liquidity
UGP has a Current Ratio of 1.82. This is a normal value and indicates that UGP is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of UGP (1.82) is better than 76.42% of its industry peers.
A Quick Ratio of 1.38 indicates that UGP should not have too much problems paying its short term obligations.
UGP's Quick ratio of 1.38 is amongst the best of the industry. UGP outperforms 82.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
UGP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.33%, which is quite good.
UGP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.25% yearly.
Looking at the last year, UGP shows a small growth in Revenue. The Revenue has grown by 5.91% in the last year.
Measured over the past years, UGP shows a quite strong growth in Revenue. The Revenue has been growing by 8.37% on average per year.
EPS 1Y (TTM)12.33%
EPS 3Y39.09%
EPS 5Y43.25%
EPS Q2Q%10.06%
Revenue 1Y (TTM)5.91%
Revenue growth 3Y6.75%
Revenue growth 5Y8.37%
Sales Q2Q%4.74%
3.2 Future
Based on estimates for the next years, UGP will show a small growth in Earnings Per Share. The EPS will grow by 7.10% on average per year.
UGP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.98% yearly.
EPS Next Y-5.1%
EPS Next 2Y1.02%
EPS Next 3Y7.1%
EPS Next 5YN/A
Revenue Next Year3.36%
Revenue Next 2Y2.41%
Revenue Next 3Y3.71%
Revenue Next 5Y5.98%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
UGP is valuated cheaply with a Price/Earnings ratio of 7.46.
Based on the Price/Earnings ratio, UGP is valued cheaper than 95.94% of the companies in the same industry.
When comparing the Price/Earnings ratio of UGP to the average of the S&P500 Index (26.61), we can say UGP is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.34, the valuation of UGP can be described as reasonable.
Based on the Price/Forward Earnings ratio, UGP is valued cheaper than 88.62% of the companies in the same industry.
UGP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.46 | ||
| Fwd PE | 9.34 |
4.2 Price Multiples
UGP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. UGP is cheaper than 86.99% of the companies in the same industry.
UGP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. UGP is cheaper than 84.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.09 | ||
| EV/EBITDA | 5.23 |
4.3 Compensation for Growth
The decent profitability rating of UGP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y1.02%
EPS Next 3Y7.1%
5. Dividend
5.1 Amount
UGP has a Yearly Dividend Yield of 8.12%, which is a nice return.
UGP's Dividend Yield is rather good when compared to the industry average which is at 1.98. UGP pays more dividend than 95.94% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, UGP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.12% |
5.2 History
On average, the dividend of UGP grows each year by 6.93%, which is quite nice.
UGP has paid a dividend for at least 10 years, which is a reliable track record.
UGP has decreased its dividend recently.
Dividend Growth(5Y)6.93%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
UGP pays out 29.65% of its income as dividend. This is a sustainable payout ratio.
The dividend of UGP is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP29.65%
EPS Next 2Y1.02%
EPS Next 3Y7.1%
NYSE:UGP (12/23/2025, 11:36:29 AM)
3.73
+0.1 (+2.75%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners38.36%
Inst Owner Change4.76%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.99B
Revenue(TTM)133.50B
Net Income(TTM)2.94B
Analysts77.14
Price Target4.74 (27.08%)
Short Float %0.35%
Short Ratio1.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.12% |
Yearly Dividend0.14
Dividend Growth(5Y)6.93%
DP29.65%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)84.56%
Min EPS beat(2)-16.03%
Max EPS beat(2)185.16%
EPS beat(4)3
Avg EPS beat(4)66.03%
Min EPS beat(4)-16.03%
Max EPS beat(4)185.16%
EPS beat(8)5
Avg EPS beat(8)49.89%
EPS beat(12)7
Avg EPS beat(12)62.93%
EPS beat(16)11
Avg EPS beat(16)67.29%
Revenue beat(2)1
Avg Revenue beat(2)-1.95%
Min Revenue beat(2)-4.43%
Max Revenue beat(2)0.53%
Revenue beat(4)1
Avg Revenue beat(4)-1.49%
Min Revenue beat(4)-4.43%
Max Revenue beat(4)0.53%
Revenue beat(8)1
Avg Revenue beat(8)-2.61%
Revenue beat(12)2
Avg Revenue beat(12)-2.35%
Revenue beat(16)3
Avg Revenue beat(16)-4.13%
PT rev (1m)-0.11%
PT rev (3m)10.14%
EPS NQ rev (1m)-0.09%
EPS NQ rev (3m)-0.07%
EPS NY rev (1m)0.34%
EPS NY rev (3m)14.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.52%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.46 | ||
| Fwd PE | 9.34 | ||
| P/S | 0.16 | ||
| P/FCF | 11.09 | ||
| P/OCF | 5.58 | ||
| P/B | 1.37 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 5.23 |
EPS(TTM)0.5
EY13.4%
EPS(NY)0.4
Fwd EY10.71%
FCF(TTM)0.34
FCFY9.02%
OCF(TTM)0.67
OCFY17.93%
SpS23.38
BVpS2.72
TBVpS2.1
PEG (NY)N/A
PEG (5Y)0.17
Graham Number5.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.44% | ||
| ROE | 18.26% | ||
| ROCE | 15.06% | ||
| ROIC | 10.04% | ||
| ROICexc | 11.27% | ||
| ROICexgc | 12.71% | ||
| OM | 3.96% | ||
| PM (TTM) | 2.12% | ||
| GM | 7.1% | ||
| FCFM | 1.44% |
ROA(3y)5.76%
ROA(5y)4.39%
ROE(3y)16.34%
ROE(5y)13.37%
ROIC(3y)10.37%
ROIC(5y)7.58%
ROICexc(3y)13.22%
ROICexc(5y)9.68%
ROICexgc(3y)14.75%
ROICexgc(5y)10.75%
ROCE(3y)15.56%
ROCE(5y)11.37%
ROICexgc growth 3Y48.25%
ROICexgc growth 5Y16.56%
ROICexc growth 3Y47.61%
ROICexc growth 5Y16.73%
OM growth 3Y42.59%
OM growth 5Y11.25%
PM growth 3Y31.69%
PM growth 5Y33.44%
GM growth 3Y17.53%
GM growth 5Y1.18%
F-Score5
Asset Turnover3.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 9.53 | ||
| Debt/EBITDA | 2.3 | ||
| Cap/Depr | 152.85% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 3.42 | ||
| Cash Conversion | 58.51% | ||
| Profit Quality | 67.74% | ||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 4.37 |
F-Score5
WACC10.13%
ROIC/WACC0.99
Cap/Depr(3y)125.7%
Cap/Depr(5y)121.29%
Cap/Sales(3y)1.07%
Cap/Sales(5y)1.18%
Profit Quality(3y)77.27%
Profit Quality(5y)121.89%
High Growth Momentum
Growth
EPS 1Y (TTM)12.33%
EPS 3Y39.09%
EPS 5Y43.25%
EPS Q2Q%10.06%
EPS Next Y-5.1%
EPS Next 2Y1.02%
EPS Next 3Y7.1%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y6.75%
Revenue growth 5Y8.37%
Sales Q2Q%4.74%
Revenue Next Year3.36%
Revenue Next 2Y2.41%
Revenue Next 3Y3.71%
Revenue Next 5Y5.98%
EBIT growth 1Y6.6%
EBIT growth 3Y52.22%
EBIT growth 5Y20.57%
EBIT Next Year67.75%
EBIT Next 3Y25.36%
EBIT Next 5Y15.95%
FCF growth 1Y9.58%
FCF growth 3Y13.86%
FCF growth 5Y2.14%
OCF growth 1Y31.83%
OCF growth 3Y13.04%
OCF growth 5Y5.01%
ULTRAPAR PARTICPAC-SPON ADR / UGP FAQ
Can you provide the ChartMill fundamental rating for ULTRAPAR PARTICPAC-SPON ADR?
ChartMill assigns a fundamental rating of 6 / 10 to UGP.
What is the valuation status of ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
ChartMill assigns a valuation rating of 8 / 10 to ULTRAPAR PARTICPAC-SPON ADR (UGP). This can be considered as Undervalued.
What is the profitability of UGP stock?
ULTRAPAR PARTICPAC-SPON ADR (UGP) has a profitability rating of 6 / 10.
What are the PE and PB ratios of ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
The Price/Earnings (PE) ratio for ULTRAPAR PARTICPAC-SPON ADR (UGP) is 7.46 and the Price/Book (PB) ratio is 1.37.
How sustainable is the dividend of ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
The dividend rating of ULTRAPAR PARTICPAC-SPON ADR (UGP) is 8 / 10 and the dividend payout ratio is 29.65%.