MURPHY USA INC (MUSA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MUSA - US6267551025 - Common Stock
398 USD
+7.59 (+1.94%)
399 USD
+1 (+0.25%)
MUSA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 122 industry peers in the Specialty Retail industry. MUSA scores excellent on profitability, but there are some minor concerns on its financial health. MUSA has a valuation in line with the averages, but it does not seem to be growing.
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.
Each year in the past 5 years MUSA has been profitable.
In the past 5 years MUSA always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 10.08%, MUSA belongs to the best of the industry, outperforming 84.43% of the companies in the same industry.
MUSA has a better Return On Equity (86.30%) than 99.18% of its industry peers.
The Return On Invested Capital of MUSA (15.01%) is better than 86.07% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MUSA is significantly above the industry average of 11.71%.
| 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
MUSA has a Profit Margin of 2.44%. This is in the better half of the industry: MUSA outperforms 66.39% of its industry peers.
MUSA's Profit Margin has improved in the last couple of years.
MUSA has a Operating Margin (3.79%) which is in line with its industry peers.
In the last couple of years the Operating Margin of MUSA has grown nicely.
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.
Compared to 1 year ago, MUSA has less shares outstanding
The number of shares outstanding for MUSA has been reduced compared to 5 years ago.
Compared to 1 year ago, MUSA has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.90 indicates that MUSA is not in any danger for bankruptcy at the moment.
The Altman-Z score of MUSA (6.90) is better than 95.90% 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.
MUSA has a Debt to FCF ratio of 6.10. This is in the better half of the industry: MUSA outperforms 64.75% 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.
The Debt to Equity ratio of MUSA (4.07) is worse than 77.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.07 | ||
| Debt/FCF | 6.1 | ||
| Altman-Z | 6.9 |
ROIC/WACC1.66
WACC9.04%
2.3 Liquidity
A Current Ratio of 0.81 indicates that MUSA may have some problems paying its short term obligations.
With a Current ratio value of 0.81, MUSA is not doing good in the industry: 83.61% of the companies in the same industry are doing better.
MUSA has a Quick 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 Quick ratio (0.40) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
MUSA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.19%.
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.
Measured over the past years, MUSA shows a small growth in Revenue. The Revenue has been growing by 7.60% on average per year.
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.
Based on estimates for the next years, MUSA will show a small growth in Revenue. The Revenue will grow by 2.05% on average per year.
EPS Next Y0.66%
EPS Next 2Y4.09%
EPS Next 3Y7.39%
EPS Next 5Y6.52%
Revenue Next Year-4.36%
Revenue Next 2Y-0.44%
Revenue Next 3Y0.48%
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 16.79 indicates a correct valuation of MUSA.
Compared to the rest of the industry, the Price/Earnings ratio of MUSA indicates a somewhat cheap valuation: MUSA is cheaper than 75.41% of the companies listed in the same industry.
MUSA is valuated rather cheaply when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.18, which indicates a correct valuation of MUSA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MUSA indicates a somewhat cheap valuation: MUSA is cheaper than 67.21% of the companies listed in the same industry.
MUSA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.79 | ||
| Fwd PE | 15.18 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MUSA indicates a somewhat cheap valuation: MUSA is cheaper than 61.48% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MUSA is valued a bit cheaper than 71.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.3 | ||
| EV/EBITDA | 9.6 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of MUSA may justify a higher PE ratio.
PEG (NY)25.31
PEG (5Y)0.47
EPS Next 2Y4.09%
EPS Next 3Y7.39%
5. Dividend
5.1 Amount
MUSA has a yearly dividend return of 0.65%, which is pretty low.
MUSA's Dividend Yield is a higher than the industry average which is at 5.65.
Compared to an average S&P500 Dividend Yield of 2.32, MUSA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
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 2Y4.09%
EPS Next 3Y7.39%
398
+7.59 (+1.94%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners88.04%
Inst Owner Change-1.87%
Ins Owners7.59%
Ins Owner Change-1.75%
Market Cap7.45B
Revenue(TTM)19.35B
Net Income(TTM)471.20M
Analysts74.67
Price Target421.07 (5.8%)
Short Float %9.13%
Short Ratio5.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
Yearly Dividend1.8
Dividend Growth(5Y)N/A
DP8.36%
Div Incr Years4
Div Non Decr Years4
Ex-Date
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)-6.75%
Min EPS beat(4)-35.68%
Max EPS beat(4)8.37%
EPS beat(8)4
Avg EPS beat(8)-5.82%
EPS beat(12)6
Avg EPS beat(12)-2.58%
EPS beat(16)10
Avg EPS beat(16)11.51%
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)-2%
PT rev (3m)-1.98%
EPS NQ rev (1m)-2.84%
EPS NQ rev (3m)-2.81%
EPS NY rev (1m)1.11%
EPS NY rev (3m)1.06%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)-0.58%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.79 | ||
| Fwd PE | 15.18 | ||
| P/S | 0.39 | ||
| P/FCF | 20.3 | ||
| P/OCF | 9.12 | ||
| P/B | 13.65 | ||
| P/tB | 94.84 | ||
| EV/EBITDA | 9.6 |
EPS(TTM)23.71
EY5.96%
EPS(NY)26.22
Fwd EY6.59%
FCF(TTM)19.6
FCFY4.93%
OCF(TTM)43.63
OCFY10.96%
SpS1033.14
BVpS29.15
TBVpS4.2
PEG (NY)25.31
PEG (5Y)0.47
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 | 6.9 |
F-Score6
WACC9.04%
ROIC/WACC1.66
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 Y0.66%
EPS Next 2Y4.09%
EPS Next 3Y7.39%
EPS Next 5Y6.52%
Revenue 1Y (TTM)-6.08%
Revenue growth 3Y5.25%
Revenue growth 5Y7.6%
Sales Q2Q%-2.45%
Revenue Next Year-4.36%
Revenue Next 2Y-0.44%
Revenue Next 3Y0.48%
Revenue Next 5Y2.05%
EBIT growth 1Y-3.76%
EBIT growth 3Y7.22%
EBIT growth 5Y22.94%
EBIT Next Year32.28%
EBIT Next 3Y14.34%
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 for MUSA stock?
ChartMill assigns a valuation rating of 5 / 10 to MURPHY USA INC (MUSA). This can be considered as Fairly Valued.
Can you provide the profitability details for MURPHY USA INC?
MURPHY USA INC (MUSA) has a profitability rating of 8 / 10.
How financially healthy is MURPHY USA INC?
The financial health rating of MURPHY USA INC (MUSA) is 5 / 10.
Is the dividend of MURPHY USA INC sustainable?
The dividend rating of MURPHY USA INC (MUSA) is 3 / 10 and the dividend payout ratio is 8.36%.