MURPHY USA INC (MUSA) Stock Fundamental Analysis
USA - NYSE:MUSA - US6267551025 - Common Stock
377.75 USD
-1.82 (-0.48%)
377.75 USD
0 (0%)
Overall MUSA gets a fundamental rating of 5 out of 10. We evaluated MUSA against 120 industry peers in the Specialty Retail industry. While MUSA has a great profitability rating, 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
In the past year MUSA was profitable.
MUSA had a positive operating cash flow in the past year.
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
MUSA's Return On Assets of 10.61% is amongst the best of the industry. MUSA outperforms 85.00% of its industry peers.
MUSA's Return On Equity of 75.92% is amongst the best of the industry. MUSA outperforms 98.33% of its industry peers.
MUSA's Return On Invested Capital of 15.54% is amongst the best of the industry. MUSA outperforms 85.83% of its industry peers.
MUSA had an Average Return On Invested Capital over the past 3 years of 19.00%. This is significantly above the industry average of 12.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.61% | ||
| ROE | 75.92% | ||
| ROIC | 15.54% |
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 2.52%, MUSA is doing good in the industry, outperforming 65.00% of the companies in the same industry.
MUSA's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 3.80%, MUSA perfoms like the industry average, outperforming 59.17% of the companies in the same industry.
In the last couple of years the Operating Margin of MUSA has grown nicely.
MUSA has a Gross Margin of 11.89%. This is amonst the worse of the industry: MUSA underperforms 90.00% of its industry peers.
In the last couple of years the Gross Margin of MUSA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.8% | ||
| PM (TTM) | 2.52% | ||
| GM | 11.89% |
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
Compared to 5 years ago, MUSA has less shares outstanding
MUSA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.98 indicates that MUSA is not in any danger for bankruptcy at the moment.
MUSA has a better Altman-Z score (6.98) than 95.83% of its industry peers.
The Debt to FCF ratio of MUSA is 5.71, which is a neutral value as it means it would take MUSA, 5.71 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.71, MUSA is in line with its industry, outperforming 60.00% of the companies in the same industry.
A Debt/Equity ratio of 3.20 is on the high side and indicates that MUSA has dependencies on debt financing.
With a Debt to Equity ratio value of 3.20, MUSA is not doing good in the industry: 75.83% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.2 | ||
| Debt/FCF | 5.71 | ||
| Altman-Z | 6.98 |
ROIC/WACC1.7
WACC9.15%
2.3 Liquidity
A Current Ratio of 0.80 indicates that MUSA may have some problems paying its short term obligations.
With a Current ratio value of 0.80, MUSA is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
A Quick Ratio of 0.39 indicates that MUSA may have some problems paying its short term obligations.
MUSA has a Quick ratio of 0.39. This is in the lower half of the industry: MUSA underperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
MUSA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.35%.
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 -7.95% in the last year.
MUSA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.60% yearly.
EPS 1Y (TTM)-2.35%
EPS 3Y16.64%
EPS 5Y35.75%
EPS Q2Q%6.36%
Revenue 1Y (TTM)-7.95%
Revenue growth 3Y5.25%
Revenue growth 5Y7.6%
Sales Q2Q%-8.19%
3.2 Future
MUSA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.02% yearly.
MUSA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.94% yearly.
EPS Next Y-0.36%
EPS Next 2Y4.27%
EPS Next 3Y6.87%
EPS Next 5Y6.02%
Revenue Next Year-4.29%
Revenue Next 2Y0.11%
Revenue Next 3Y0.33%
Revenue Next 5Y1.94%
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
MUSA is valuated correctly with a Price/Earnings ratio of 15.64.
Based on the Price/Earnings ratio, MUSA is valued a bit cheaper than the industry average as 75.83% of the companies are valued more expensively.
MUSA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.55.
A Price/Forward Earnings ratio of 14.36 indicates a correct valuation of MUSA.
67.50% of the companies in the same industry are more expensive than MUSA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MUSA to the average of the S&P500 Index (23.04), we can say MUSA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.64 | ||
| Fwd PE | 14.36 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MUSA.
MUSA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MUSA is cheaper than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.98 | ||
| EV/EBITDA | 9.3 |
4.3 Compensation for Growth
MUSA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y4.27%
EPS Next 3Y6.87%
5. Dividend
5.1 Amount
MUSA has a yearly dividend return of 0.58%, which is pretty low.
Compared to an average industry Dividend Yield of 5.63, MUSA pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.58, MUSA pays less dividend than the S&P500 average, which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
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
MUSA pays out 7.85% of its income as dividend. This is a sustainable payout ratio.
DP7.85%
EPS Next 2Y4.27%
EPS Next 3Y6.87%
377.75
-1.82 (-0.48%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners88.04%
Inst Owner Change-0.05%
Ins Owners7.59%
Ins Owner Change1.21%
Market Cap7.29B
Analysts75.71
Price Target429.59 (13.72%)
Short Float %7.65%
Short Ratio4.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
Yearly Dividend1.8
Dividend Growth(5Y)N/A
DP7.85%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.66%
Min EPS beat(2)-35.68%
Max EPS beat(2)8.37%
EPS beat(4)3
Avg EPS beat(4)-4.07%
Min EPS beat(4)-35.68%
Max EPS beat(4)8.37%
EPS beat(8)5
Avg EPS beat(8)-2.92%
EPS beat(12)7
Avg EPS beat(12)-0.47%
EPS beat(16)11
Avg EPS beat(16)13.09%
Revenue beat(2)0
Avg Revenue beat(2)-4.68%
Min Revenue beat(2)-5.23%
Max Revenue beat(2)-4.14%
Revenue beat(4)0
Avg Revenue beat(4)-5.62%
Min Revenue beat(4)-8.63%
Max Revenue beat(4)-4.14%
Revenue beat(8)1
Avg Revenue beat(8)-5.01%
Revenue beat(12)3
Avg Revenue beat(12)-3.63%
Revenue beat(16)7
Avg Revenue beat(16)-1.51%
PT rev (1m)0%
PT rev (3m)-14.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.45%
EPS NY rev (1m)0.03%
EPS NY rev (3m)-0.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.1%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.64 | ||
| Fwd PE | 14.36 | ||
| P/S | 0.37 | ||
| P/FCF | 19.98 | ||
| P/OCF | 8.73 | ||
| P/B | 11.28 | ||
| P/tB | 40.78 | ||
| EV/EBITDA | 9.3 |
EPS(TTM)24.15
EY6.39%
EPS(NY)26.31
Fwd EY6.97%
FCF(TTM)18.91
FCFY5%
OCF(TTM)43.26
OCFY11.45%
SpS1009.81
BVpS33.49
TBVpS9.26
PEG (NY)N/A
PEG (5Y)0.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.61% | ||
| ROE | 75.92% | ||
| ROCE | 20.32% | ||
| ROIC | 15.54% | ||
| ROICexc | 15.77% | ||
| ROICexgc | 18.13% | ||
| OM | 3.8% | ||
| PM (TTM) | 2.52% | ||
| GM | 11.89% | ||
| FCFM | 1.87% |
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%
ROICexcg growth 3Y1.96%
ROICexcg 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-Score5
Asset Turnover4.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.2 | ||
| Debt/FCF | 5.71 | ||
| Debt/EBITDA | 2.06 | ||
| Cap/Depr | 177.78% | ||
| Cap/Sales | 2.41% | ||
| Interest Coverage | 7.76 | ||
| Cash Conversion | 83.02% | ||
| Profit Quality | 74.35% | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 6.98 |
F-Score5
WACC9.15%
ROIC/WACC1.7
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)-2.35%
EPS 3Y16.64%
EPS 5Y35.75%
EPS Q2Q%6.36%
EPS Next Y-0.36%
EPS Next 2Y4.27%
EPS Next 3Y6.87%
EPS Next 5Y6.02%
Revenue 1Y (TTM)-7.95%
Revenue growth 3Y5.25%
Revenue growth 5Y7.6%
Sales Q2Q%-8.19%
Revenue Next Year-4.29%
Revenue Next 2Y0.11%
Revenue Next 3Y0.33%
Revenue Next 5Y1.94%
EBIT growth 1Y-6.05%
EBIT growth 3Y7.22%
EBIT growth 5Y22.94%
EBIT Next Year32.28%
EBIT Next 3Y14.34%
EBIT Next 5Y10.84%
FCF growth 1Y-26.1%
FCF growth 3Y-5.58%
FCF growth 5Y29.13%
OCF growth 1Y4.42%
OCF growth 3Y4.75%
OCF growth 5Y22.02%