ULTRAPAR PARTICPAC-SPON ADR (UGP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UGP - US90400P1012 - ADR
3.99 USD
-0.37 (-8.49%)
3.99 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to UGP. UGP was compared to 121 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. With these ratings, UGP could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
UGP had positive earnings in the past year.
UGP had a positive operating cash flow in the past year.
UGP had positive earnings in each of the past 5 years.
In the past 5 years UGP always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.44%, UGP is in the better half of the industry, outperforming 77.05% of the companies in the same industry.
Looking at the Return On Equity, with a value of 18.26%, UGP is in the better half of the industry, outperforming 77.87% of the companies in the same industry.
The Return On Invested Capital of UGP (10.04%) is better than 74.59% 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 11.88%.
| 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 61.48% of its industry peers.
UGP's Profit Margin has improved in the last couple of years.
UGP's Operating Margin of 3.96% is in line compared to the rest of the industry. UGP outperforms 59.84% of its industry peers.
In the last couple of years the Operating Margin of UGP has grown nicely.
UGP has a worse Gross Margin (7.10%) 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UGP is destroying value.
UGP has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, UGP has less shares outstanding
Compared to 1 year ago, UGP has a worse debt to assets ratio.
2.2 Solvency
UGP has an Altman-Z score of 4.40. This indicates that UGP is financially healthy and has little risk of bankruptcy at the moment.
UGP's Altman-Z score of 4.40 is amongst the best of 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.
With a Debt to FCF ratio value of 9.53, UGP perfoms like the industry average, outperforming 59.02% 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.
UGP has a Debt to Equity ratio of 0.97. This is comparable 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 | 4.4 |
ROIC/WACC0.96
WACC10.47%
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.
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 has a Quick ratio of 1.38. This is amongst the best in 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
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.
UGP shows a small growth in Revenue. In the last year, the Revenue has grown by 5.91%.
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 7.10% on average per year.
The Revenue is expected to grow by 5.98% on average over the next years.
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
A Price/Earnings ratio of 7.67 indicates a rather cheap valuation of UGP.
Compared to the rest of the industry, the Price/Earnings ratio of UGP indicates a rather cheap valuation: UGP is cheaper than 94.26% of the companies listed in the same industry.
UGP is valuated cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.60, the valuation of UGP can be described as very reasonable.
Based on the Price/Forward Earnings ratio, UGP is valued cheaper than 88.52% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, UGP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.67 | ||
| Fwd PE | 9.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UGP indicates a rather cheap valuation: UGP is cheaper than 83.61% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, UGP is valued cheaper than 84.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.39 | ||
| EV/EBITDA | 5.4 |
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 2Y1.02%
EPS Next 3Y7.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.08%, UGP is a good candidate for dividend investing.
UGP's Dividend Yield is rather good when compared to the industry average which is at 5.67. UGP pays more dividend than 95.90% of the companies in the same industry.
UGP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.08% |
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
UGP pays out 29.65% of its income as dividend. This is a 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 2Y1.02%
EPS Next 3Y7.1%
3.99
-0.37 (-8.49%)
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 Cap4.26B
Revenue(TTM)133.50B
Net Income(TTM)2.94B
Analysts77.14
Price Target4.74 (18.8%)
Short Float %0.37%
Short Ratio1.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.08% |
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)5.13%
PT rev (3m)13.31%
EPS NQ rev (1m)-0.09%
EPS NQ rev (3m)-2.04%
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)1.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.67 | ||
| Fwd PE | 9.6 | ||
| P/S | 0.16 | ||
| P/FCF | 11.39 | ||
| P/OCF | 5.73 | ||
| P/B | 1.41 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 5.4 |
EPS(TTM)0.52
EY13.03%
EPS(NY)0.42
Fwd EY10.42%
FCF(TTM)0.35
FCFY8.78%
OCF(TTM)0.7
OCFY17.45%
SpS24.34
BVpS2.83
TBVpS2.19
PEG (NY)N/A
PEG (5Y)0.18
Graham Number5.76
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 | 4.4 |
F-Score5
WACC10.47%
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-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 7.67 and the Price/Book (PB) ratio is 1.41.
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%.