MURPHY USA INC (MUSA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MUSA - US6267551025 - Common Stock
441.33 USD
+14.24 (+3.33%)
441.33 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to MUSA. MUSA was compared to 122 industry peers in the Specialty Retail industry. While MUSA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MUSA has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
MUSA had positive earnings in the past year.
In the past year MUSA had a positive cash flow from operations.
In the past 5 years MUSA has always been profitable.
Each year in the past 5 years MUSA had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 10.08%, MUSA belongs to the best of the industry, outperforming 85.25% of the companies in the same industry.
MUSA has a better Return On Equity (86.30%) than 97.54% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.01%, MUSA belongs to the top of the industry, outperforming 84.43% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MUSA is significantly above the industry average of 12.24%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.08% | ||
| ROE | 86.3% | ||
| ROIC | 15.01% |
ROA(3y)13.41%
ROA(5y)12.88%
ROE(3y)77.34%
ROE(5y)66.09%
ROIC(3y)19%
ROIC(5y)18.15%
1.3 Margins
With a decent Profit Margin value of 2.44%, MUSA is doing good in the industry, outperforming 63.93% of the companies in the same industry.
In the last couple of years the Profit Margin of MUSA has grown nicely.
MUSA has a Operating Margin (3.79%) which is in line with its industry peers.
MUSA's Operating Margin has improved in the last couple of years.
The Gross Margin of MUSA (11.99%) is worse than 88.52% of its industry peers.
In the last couple of years the Gross Margin of MUSA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.79% | ||
| PM (TTM) | 2.44% | ||
| GM | 11.99% |
OM growth 3Y1.87%
OM growth 5Y14.26%
PM growth 3Y2.77%
PM growth 5Y17.58%
GM growth 3Y2.28%
GM growth 5Y7.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MUSA is creating value.
The number of shares outstanding for MUSA has been reduced compared to 1 year ago.
Compared to 5 years ago, MUSA has less shares outstanding
MUSA has a better debt/assets ratio than last year.
2.2 Solvency
MUSA has an Altman-Z score of 7.02. This indicates that MUSA is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MUSA (7.02) is better than 95.08% of its industry peers.
MUSA has a debt to FCF ratio of 6.10. This is a slightly negative value and a sign of low solvency as MUSA would need 6.10 years to pay back of all of its debts.
The Debt to FCF ratio of MUSA (6.10) is better than 63.11% of its industry peers.
A Debt/Equity ratio of 4.07 is on the high side and indicates that MUSA has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.07, MUSA is doing worse than 77.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.07 | ||
| Debt/FCF | 6.1 | ||
| Altman-Z | 7.02 |
ROIC/WACC1.59
WACC9.42%
2.3 Liquidity
MUSA has a Current Ratio of 0.81. This is a bad value and indicates that MUSA is not financially healthy enough and could expect problems in meeting its short term obligations.
MUSA has a Current ratio of 0.81. This is amonst the worse of the industry: MUSA underperforms 83.61% of its industry peers.
A Quick Ratio of 0.40 indicates that MUSA may have some problems paying its short term obligations.
MUSA has a Quick ratio of 0.40. This is comparable to the rest of the industry: MUSA outperforms 40.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
The earnings per share for MUSA have decreased by -2.19% in the last year.
MUSA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.75% yearly.
Looking at the last year, MUSA shows a decrease in Revenue. The Revenue has decreased by -6.08% in the last year.
The Revenue has been growing slightly by 7.60% on average over the past years.
EPS 1Y (TTM)-2.19%
EPS 3Y16.64%
EPS 5Y35.75%
EPS Q2Q%-6.11%
Revenue 1Y (TTM)-6.08%
Revenue growth 3Y5.25%
Revenue growth 5Y7.6%
Sales Q2Q%-2.45%
3.2 Future
Based on estimates for the next years, MUSA will show a small growth in Earnings Per Share. The EPS will grow by 6.52% on average per year.
MUSA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.05% yearly.
EPS Next Y-2.9%
EPS Next 2Y3.31%
EPS Next 3Y6.37%
EPS Next 5Y6.52%
Revenue Next Year-4.42%
Revenue Next 2Y-0.7%
Revenue Next 3Y0.25%
Revenue Next 5Y2.05%
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 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 18.61 indicates a rather expensive valuation of MUSA.
MUSA's Price/Earnings ratio is a bit cheaper when compared to the industry. MUSA is cheaper than 77.05% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.25, MUSA is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 17.09, the valuation of MUSA can be described as rather expensive.
Based on the Price/Forward Earnings ratio, MUSA is valued a bit cheaper than 68.85% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MUSA to the average of the S&P500 Index (23.98), we can say MUSA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.61 | ||
| Fwd PE | 17.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MUSA is valued a bit cheaper than the industry average as 62.30% of the companies are valued more expensively.
69.67% of the companies in the same industry are more expensive than MUSA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.51 | ||
| EV/EBITDA | 10.41 |
4.3 Compensation for Growth
The excellent profitability rating of MUSA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.52
EPS Next 2Y3.31%
EPS Next 3Y6.37%
5. Dividend
5.1 Amount
With a yearly dividend of 0.59%, MUSA is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.13, MUSA pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.59, MUSA pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
5.2 History
MUSA has been paying a dividend for over 5 years, so it has already some track record.
MUSA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
8.36% of the earnings are spent on dividend by MUSA. This is a low number and sustainable payout ratio.
DP8.36%
EPS Next 2Y3.31%
EPS Next 3Y6.37%
441.33
+14.24 (+3.33%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners88.87%
Inst Owner Change0.81%
Ins Owners7.81%
Ins Owner Change-1.84%
Market Cap8.27B
Revenue(TTM)19.35B
Net Income(TTM)471.20M
Analysts74.67
Price Target421.07 (-4.59%)
Short Float %7.89%
Short Ratio4.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
Yearly Dividend1.8
Dividend Growth(5Y)N/A
DP8.36%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.68%
Min EPS beat(2)-5.02%
Max EPS beat(2)8.37%
EPS beat(4)2
Avg EPS beat(4)-7.02%
Min EPS beat(4)-35.68%
Max EPS beat(4)8.37%
EPS beat(8)4
Avg EPS beat(8)-5.96%
EPS beat(12)6
Avg EPS beat(12)-2.67%
EPS beat(16)10
Avg EPS beat(16)11.44%
Revenue beat(2)0
Avg Revenue beat(2)-2.79%
Min Revenue beat(2)-4.14%
Max Revenue beat(2)-1.45%
Revenue beat(4)0
Avg Revenue beat(4)-3.83%
Min Revenue beat(4)-5.23%
Max Revenue beat(4)-1.45%
Revenue beat(8)0
Avg Revenue beat(8)-5.23%
Revenue beat(12)2
Avg Revenue beat(12)-3.85%
Revenue beat(16)6
Avg Revenue beat(16)-1.69%
PT rev (1m)0%
PT rev (3m)-1.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.55%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-0.6%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.61 | ||
| Fwd PE | 17.09 | ||
| P/S | 0.43 | ||
| P/FCF | 22.51 | ||
| P/OCF | 10.12 | ||
| P/B | 15.14 | ||
| P/tB | 105.17 | ||
| EV/EBITDA | 10.41 |
EPS(TTM)23.71
EY5.37%
EPS(NY)25.83
Fwd EY5.85%
FCF(TTM)19.6
FCFY4.44%
OCF(TTM)43.63
OCFY9.88%
SpS1033.14
BVpS29.15
TBVpS4.2
PEG (NY)N/A
PEG (5Y)0.52
Graham Number124.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.08% | ||
| ROE | 86.3% | ||
| ROCE | 19.63% | ||
| ROIC | 15.01% | ||
| ROICexc | 15.19% | ||
| ROICexgc | 17.39% | ||
| OM | 3.79% | ||
| PM (TTM) | 2.44% | ||
| GM | 11.99% | ||
| FCFM | 1.9% |
ROA(3y)13.41%
ROA(5y)12.88%
ROE(3y)77.34%
ROE(5y)66.09%
ROIC(3y)19%
ROIC(5y)18.15%
ROICexc(3y)19.48%
ROICexc(5y)19%
ROICexgc(3y)22.67%
ROICexgc(5y)21.44%
ROCE(3y)24.85%
ROCE(5y)23.74%
ROICexgc growth 3Y1.96%
ROICexgc growth 5Y11.65%
ROICexc growth 3Y2.7%
ROICexc growth 5Y8.54%
OM growth 3Y1.87%
OM growth 5Y14.26%
PM growth 3Y2.77%
PM growth 5Y17.58%
GM growth 3Y2.28%
GM growth 5Y7.25%
F-Score6
Asset Turnover4.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.07 | ||
| Debt/FCF | 6.1 | ||
| Debt/EBITDA | 2.21 | ||
| Cap/Depr | 165.83% | ||
| Cap/Sales | 2.32% | ||
| Interest Coverage | 7.34 | ||
| Cash Conversion | 81.31% | ||
| Profit Quality | 77.93% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 7.02 |
F-Score6
WACC9.42%
ROIC/WACC1.59
Cap/Depr(3y)156.66%
Cap/Depr(5y)148.5%
Cap/Sales(3y)1.71%
Cap/Sales(5y)1.75%
Profit Quality(3y)86.83%
Profit Quality(5y)92.66%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.19%
EPS 3Y16.64%
EPS 5Y35.75%
EPS Q2Q%-6.11%
EPS Next Y-2.9%
EPS Next 2Y3.31%
EPS Next 3Y6.37%
EPS Next 5Y6.52%
Revenue 1Y (TTM)-6.08%
Revenue growth 3Y5.25%
Revenue growth 5Y7.6%
Sales Q2Q%-2.45%
Revenue Next Year-4.42%
Revenue Next 2Y-0.7%
Revenue Next 3Y0.25%
Revenue Next 5Y2.05%
EBIT growth 1Y-3.76%
EBIT growth 3Y7.22%
EBIT growth 5Y22.94%
EBIT Next Year32.15%
EBIT Next 3Y13.09%
EBIT Next 5Y10.98%
FCF growth 1Y-14.07%
FCF growth 3Y-5.58%
FCF growth 5Y29.13%
OCF growth 1Y11.31%
OCF growth 3Y4.75%
OCF growth 5Y22.02%
MURPHY USA INC / MUSA FAQ
Can you provide the ChartMill fundamental rating for MURPHY USA INC?
ChartMill assigns a fundamental rating of 5 / 10 to MUSA.
What is the valuation status of MURPHY USA INC (MUSA) stock?
ChartMill assigns a valuation rating of 5 / 10 to MURPHY USA INC (MUSA). This can be considered as Fairly Valued.
How profitable is MURPHY USA INC (MUSA) stock?
MURPHY USA INC (MUSA) has a profitability rating of 8 / 10.
Can you provide the financial health for MUSA stock?
The financial health rating of MURPHY USA INC (MUSA) is 5 / 10.
How sustainable is the dividend of MURPHY USA INC (MUSA) stock?
The dividend rating of MURPHY USA INC (MUSA) is 3 / 10 and the dividend payout ratio is 8.36%.