ULTRAPAR PARTICPAC-SPON ADR (UGP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UGP - US90400P1012 - ADR
4.11 USD
-0.01 (-0.24%)
4.11 USD
0 (0%)
Overall UGP gets a fundamental rating of 6 out of 10. We evaluated UGP against 122 industry peers in the Specialty Retail industry. UGP has only an average score on both its financial health and profitability. UGP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make UGP a good candidate for value 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.
Each year in the past 5 years UGP has been profitable.
UGP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
UGP has a better Return On Assets (6.44%) than 77.87% of its industry peers.
The Return On Equity of UGP (18.26%) is better than 77.87% of its industry peers.
With a decent Return On Invested Capital value of 10.04%, UGP is doing good in the industry, outperforming 73.77% of the companies in the same industry.
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 11.71%.
| 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
UGP's Profit Margin of 2.12% is fine compared to the rest of the industry. UGP outperforms 62.30% of its industry peers.
In the last couple of years the Profit Margin of UGP has grown nicely.
The Operating Margin of UGP (3.96%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of UGP has grown nicely.
UGP's Gross Margin of 7.10% is on the low side compared to the rest of the industry. UGP is outperformed by 92.62% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UGP is destroying value.
The number of shares outstanding for UGP has been reduced compared to 1 year ago.
UGP has less shares outstanding than it did 5 years ago.
The debt/assets ratio for UGP is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.41 indicates that UGP is not in any danger for bankruptcy at the moment.
UGP has a Altman-Z score of 4.41. This is amongst the best in the industry. UGP outperforms 86.89% 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's Debt to FCF ratio of 9.53 is in line compared to the rest of the industry. UGP outperforms 59.02% of its industry peers.
A Debt/Equity ratio of 0.97 indicates that UGP is somewhat dependend on debt financing.
UGP's Debt to Equity ratio of 0.97 is in line compared to the rest of the industry. UGP outperforms 44.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 9.53 | ||
| Altman-Z | 4.41 |
ROIC/WACC0.95
WACC10.57%
2.3 Liquidity
A Current Ratio of 1.82 indicates that UGP should not have too much problems paying its short term obligations.
The Current ratio of UGP (1.82) is better than 80.33% 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 84.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.33% over the past year.
The Earnings Per Share has been growing by 43.25% on average over the past years. This is a very strong growth
Looking at the last year, UGP shows a small growth in Revenue. The Revenue has grown by 5.91% in the last year.
The Revenue has been growing by 8.37% on average over the past years. This is quite good.
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 7.23% 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-5.51%
EPS Next 2Y1.35%
EPS Next 3Y7.23%
EPS Next 5YN/A
Revenue Next Year3.3%
Revenue Next 2Y2.51%
Revenue Next 3Y3.62%
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.
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 8.06 indicates a reasonable valuation of UGP.
UGP's Price/Earnings ratio is rather cheap when compared to the industry. UGP is cheaper than 92.62% of the companies in the same industry.
When comparing the Price/Earnings ratio of UGP to the average of the S&P500 Index (26.31), we can say UGP is valued rather cheaply.
A Price/Forward Earnings ratio of 9.87 indicates a reasonable valuation of UGP.
UGP's Price/Forward Earnings ratio is rather cheap when compared to the industry. UGP is cheaper than 83.61% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.56, UGP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 9.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UGP is valued cheaply inside the industry as 84.43% of the companies are valued more expensively.
84.43% of the companies in the same industry are more expensive than UGP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.8 | ||
| EV/EBITDA | 5.52 |
4.3 Compensation for Growth
The decent profitability rating of UGP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y1.35%
EPS Next 3Y7.23%
5. Dividend
5.1 Amount
UGP has a Yearly Dividend Yield of 2.38%.
Compared to an average industry Dividend Yield of 5.64, UGP pays a better dividend. On top of this UGP pays more dividend than 82.79% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, UGP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
5.2 History
The dividend of UGP is nicely growing with an annual growth rate of 6.93%!
UGP has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of UGP decreased recently.
Dividend Growth(5Y)6.93%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
29.65% of the earnings are spent on dividend by UGP. This is a low number and 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 2Y1.35%
EPS Next 3Y7.23%
4.11
-0.01 (-0.24%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners36.66%
Inst Owner Change4.76%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.39B
Revenue(TTM)133.50B
Net Income(TTM)2.94B
Analysts76.19
Price Target4.75 (15.57%)
Short Float %0.37%
Short Ratio1.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
Yearly Dividend0.15
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)7.87%
PT rev (3m)13.44%
EPS NQ rev (1m)-0.09%
EPS NQ rev (3m)1.15%
EPS NY rev (1m)0.4%
EPS NY rev (3m)14.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.54%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 9.87 | ||
| P/S | 0.17 | ||
| P/FCF | 11.8 | ||
| P/OCF | 5.93 | ||
| P/B | 1.46 | ||
| P/tB | 1.89 | ||
| EV/EBITDA | 5.52 |
EPS(TTM)0.51
EY12.41%
EPS(NY)0.42
Fwd EY10.13%
FCF(TTM)0.35
FCFY8.48%
OCF(TTM)0.69
OCFY16.85%
SpS24.21
BVpS2.82
TBVpS2.18
PEG (NY)N/A
PEG (5Y)0.19
Graham Number5.69
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 | 4.41 |
F-Score5
WACC10.57%
ROIC/WACC0.95
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-5.51%
EPS Next 2Y1.35%
EPS Next 3Y7.23%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y6.75%
Revenue growth 5Y8.37%
Sales Q2Q%4.74%
Revenue Next Year3.3%
Revenue Next 2Y2.51%
Revenue Next 3Y3.62%
Revenue Next 5Y5.98%
EBIT growth 1Y6.6%
EBIT growth 3Y52.22%
EBIT growth 5Y20.57%
EBIT Next Year66.01%
EBIT Next 3Y23.78%
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 7 / 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 8.06 and the Price/Book (PB) ratio is 1.46.
How sustainable is the dividend of ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
The dividend rating of ULTRAPAR PARTICPAC-SPON ADR (UGP) is 6 / 10 and the dividend payout ratio is 29.65%.