ULTRAPAR PARTICPAC-SPON ADR (UGP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UGP - US90400P1012 - ADR
4.06 USD
+0.07 (+1.75%)
4.06 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to UGP. UGP was compared to 122 industry peers in the Specialty Retail industry. UGP has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on UGP. Finally UGP also has an excellent dividend rating. With these ratings, UGP could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
- In the past year UGP was profitable.
- In the past year UGP had a positive cash flow from operations.
- In the past 5 years UGP has always been profitable.
- In the past 5 years UGP always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of UGP (6.44%) is better than 77.05% of its industry peers.
- UGP has a better Return On Equity (18.26%) than 77.87% of its industry peers.
- UGP has a better Return On Invested Capital (10.04%) than 73.77% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for UGP is in line with the industry average of 12.24%.
| 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
- With a decent Profit Margin value of 2.12%, UGP is doing good in the industry, outperforming 60.66% of the companies in the same industry.
- UGP's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 3.96%, UGP is in line with its industry, outperforming 59.84% 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 92.62% 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UGP is destroying value.
- Compared to 1 year ago, UGP has less shares outstanding
- Compared to 5 years ago, UGP has less shares outstanding
- UGP has a worse debt/assets ratio than last year.
2.2 Solvency
- UGP has an Altman-Z score of 4.41. This indicates that UGP is financially healthy and has little risk of bankruptcy at the moment.
- UGP has a Altman-Z score of 4.41. This is amongst the best in the industry. UGP outperforms 85.25% 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.
- With a Debt to FCF ratio value of 9.53, UGP perfoms like the industry average, outperforming 57.38% of the companies in the same industry.
- UGP has a Debt/Equity ratio of 0.97. This is a neutral value indicating UGP is somewhat dependend on debt financing.
- The Debt to Equity ratio of UGP (0.97) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 9.53 | ||
| Altman-Z | 4.41 |
ROIC/WACC0.96
WACC10.5%
2.3 Liquidity
- A Current Ratio of 1.82 indicates that UGP should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.82, UGP is in the better half of the industry, outperforming 77.05% of the companies in the same industry.
- UGP has a Quick Ratio of 1.38. This is a normal value and indicates that UGP is financially healthy and should not expect problems in meeting its short term obligations.
- UGP's Quick ratio of 1.38 is amongst the best of the industry. UGP outperforms 83.61% 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.
- Measured over the past years, UGP shows a very strong growth in Earnings Per Share. The EPS has been growing by 43.25% on average per year.
- UGP shows a small growth in Revenue. In the last year, the Revenue has grown by 5.91%.
- UGP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.37% yearly.
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 7.52% on average per year.
- The Revenue is expected to grow by 5.98% on average over the next years.
EPS Next Y-0.07%
EPS Next 2Y0.02%
EPS Next 3Y7.52%
EPS Next 5YN/A
Revenue Next Year3.95%
Revenue Next 2Y1.95%
Revenue Next 3Y3.63%
Revenue Next 5Y5.98%
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.
- 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
- Based on the Price/Earnings ratio of 7.96, the valuation of UGP can be described as very cheap.
- 95.08% of the companies in the same industry are more expensive than UGP, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.33, UGP is valued rather cheaply.
- UGP is valuated reasonably with a Price/Forward Earnings ratio of 10.07.
- Based on the Price/Forward Earnings ratio, UGP is valued cheaply inside the industry as 84.43% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of UGP to the average of the S&P500 Index (24.12), we can say UGP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.96 | ||
| Fwd PE | 10.07 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, UGP is valued cheaply inside the industry as 88.52% of the companies are valued more expensively.
- 82.79% 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 | 11.72 | ||
| EV/EBITDA | 5.5 |
4.3 Compensation for Growth
- The decent profitability rating of UGP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y0.02%
EPS Next 3Y7.52%
5. Dividend
5.1 Amount
- UGP has a Yearly Dividend Yield of 6.18%, which is a nice return.
- Compared to an average industry Dividend Yield of 2.13, UGP pays a better dividend. On top of this UGP pays more dividend than 94.26% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.91, UGP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.18% |
5.2 History
- The dividend of UGP is nicely growing with an annual growth rate of 6.93%!
- UGP has paid a dividend for at least 10 years, which is 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.
- UGP's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP29.65%
EPS Next 2Y0.02%
EPS Next 3Y7.52%
4.06
+0.07 (+1.75%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)11-12 2025-11-12/amc
Earnings (Next)02-24 2026-02-24/amc
Inst Owners35.6%
Inst Owner Change0.05%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.34B
Revenue(TTM)133.50B
Net Income(TTM)2.94B
Analysts77.14
Price Target4.73 (16.5%)
Short Float %0.21%
Short Ratio0.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.18% |
Yearly Dividend0.15
Dividend Growth(5Y)6.93%
DP29.65%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)-0.32%
PT rev (3m)7.4%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.28%
EPS NY rev (1m)5.31%
EPS NY rev (3m)6.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.63%
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.96 | ||
| Fwd PE | 10.07 | ||
| P/S | 0.17 | ||
| P/FCF | 11.72 | ||
| P/OCF | 5.89 | ||
| P/B | 1.45 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 5.5 |
EPS(TTM)0.51
EY12.56%
EPS(NY)0.4
Fwd EY9.93%
FCF(TTM)0.35
FCFY8.54%
OCF(TTM)0.69
OCFY16.97%
SpS24.08
BVpS2.8
TBVpS2.16
PEG (NY)N/A
PEG (5Y)0.18
Graham Number5.67
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
WACC10.5%
ROIC/WACC0.96
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-0.07%
EPS Next 2Y0.02%
EPS Next 3Y7.52%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y6.75%
Revenue growth 5Y8.37%
Sales Q2Q%4.74%
Revenue Next Year3.95%
Revenue Next 2Y1.95%
Revenue Next 3Y3.63%
Revenue Next 5Y5.98%
EBIT growth 1Y6.6%
EBIT growth 3Y52.22%
EBIT growth 5Y20.57%
EBIT Next Year67.77%
EBIT Next 3Y25.56%
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.
Can you provide the valuation status for ULTRAPAR PARTICPAC-SPON ADR?
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.
Can you provide the expected EPS growth for UGP stock?
The Earnings per Share (EPS) of ULTRAPAR PARTICPAC-SPON ADR (UGP) is expected to decline by -0.07% in the next year.
Is the dividend of ULTRAPAR PARTICPAC-SPON ADR sustainable?
The dividend rating of ULTRAPAR PARTICPAC-SPON ADR (UGP) is 8 / 10 and the dividend payout ratio is 29.65%.