PAR PACIFIC HOLDINGS INC (PARR)
US69888T2078 - Common Stock
We assign a fundamental rating of 5 out of 10 to PARR. PARR was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. PARR has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on PARR. These ratings would make PARR suitable for value investing!
1. Profitability
1.1 Basic Checks
PARR had positive earnings in the past year.
PARR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PARR reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: PARR reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 18.86%, PARR belongs to the best of the industry, outperforming 85.51% of the companies in the same industry.
PARR has a better Return On Equity (54.56%) than 91.12% of its industry peers.
The Return On Invested Capital of PARR (23.26%) is better than 91.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.86% | ||
| ROE | 54.56% | ||
| ROIC | 23.26% |
ROA(3y)8.93%
ROA(5y)1.82%
ROE(3y)26.82%
ROE(5y)-15.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PARR's Profit Margin of 8.85% is on the low side compared to the rest of the industry. PARR is outperformed by 61.22% of its industry peers.
In the last couple of years the Profit Margin of PARR has grown nicely.
PARR has a worse Operating Margin (8.37%) than 72.90% of its industry peers.
In the last couple of years the Operating Margin of PARR has grown nicely.
Looking at the Gross Margin, with a value of 11.03%, PARR is doing worse than 75.23% of the companies in the same industry.
In the last couple of years the Gross Margin of PARR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.37% | ||
| PM (TTM) | 8.85% | ||
| GM | 11.03% |
OM growth 3YN/A
OM growth 5Y32.02%
PM growth 3YN/A
PM growth 5Y50.65%
GM growth 3YN/A
GM growth 5Y16.94%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PARR is creating value.
The number of shares outstanding for PARR has been reduced compared to 1 year ago.
The number of shares outstanding for PARR has been increased compared to 5 years ago.
The debt/assets ratio for PARR is higher compared to a year ago.
2.2 Solvency
PARR has an Altman-Z score of 3.44. This indicates that PARR is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PARR (3.44) is better than 77.57% of its industry peers.
PARR has a debt to FCF ratio of 1.34. This is a very positive value and a sign of high solvency as it would only need 1.34 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.34, PARR belongs to the best of the industry, outperforming 81.78% of the companies in the same industry.
PARR has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
PARR has a Debt to Equity ratio (0.49) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 1.34 | ||
| Altman-Z | 3.44 |
ROIC/WACC2.47
WACC9.43%
2.3 Liquidity
PARR has a Current Ratio of 1.30. This is a normal value and indicates that PARR is financially healthy and should not expect problems in meeting its short term obligations.
PARR's Current ratio of 1.30 is in line compared to the rest of the industry. PARR outperforms 56.54% of its industry peers.
PARR has a Quick Ratio of 1.30. This is a bad value and indicates that PARR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.50, PARR is not doing good in the industry: 85.51% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
PARR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.45%.
PARR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 51.46% yearly.
PARR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.43%.
The Revenue has been growing by 19.27% on average over the past years. This is quite good.
EPS 1Y (TTM)4.45%
EPS 3YN/A
EPS 5Y51.46%
EPS growth Q2Q-50.91%
Revenue 1Y (TTM)12.43%
Revenue growth 3Y38.11%
Revenue growth 5Y19.27%
Revenue growth Q2Q20.71%
3.2 Future
PARR is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -23.55% yearly.
Based on estimates for the next years, PARR will show a decrease in Revenue. The Revenue will decrease by -6.27% on average per year.
EPS Next Y-32.5%
EPS Next 2Y-32.57%
EPS Next 3Y-23.55%
EPS Next 5YN/A
Revenue Next Year-8.33%
Revenue Next 2Y-7.43%
Revenue Next 3Y-6.27%
Revenue Next 5YN/A
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
With a Price/Earnings ratio of 3.54, the valuation of PARR can be described as very cheap.
95.79% of the companies in the same industry are more expensive than PARR, based on the Price/Earnings ratio.
PARR is valuated cheaply when we compare the Price/Earnings ratio to 28.05, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 5.25, the valuation of PARR can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PARR indicates a rather cheap valuation: PARR is cheaper than 91.59% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.30, PARR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.54 | ||
| Fwd PE | 5.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PARR is valued cheaply inside the industry as 93.93% of the companies are valued more expensively.
PARR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PARR is cheaper than 93.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.47 | ||
| EV/EBITDA | 2.61 |
4.3 Compensation for Growth
PARR's earnings are expected to decrease with -23.55% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.07
EPS Next 2Y-32.57%
EPS Next 3Y-23.55%
5. Dividend
5.1 Amount
PARR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PAR PACIFIC HOLDINGS INC
NYSE:PARR (5/8/2024, 7:11:12 PM)
After market: 29.07 0 (0%)29.07
-0.7 (-2.35%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.73B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.54 | ||
| Fwd PE | 5.25 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.86% | ||
| ROE | 54.56% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.37% | ||
| PM (TTM) | 8.85% | ||
| GM | 11.03% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)4.45%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-32.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.43%
Revenue growth 3Y38.11%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y