PAR PACIFIC HOLDINGS INC (PARR) Stock Fundamental Analysis
NYSE:PARR - New York Stock Exchange, Inc. - US69888T2078 - Common Stock - Currency: USD
Overall PARR gets a fundamental rating of 2 out of 10. We evaluated PARR against 210 industry peers in the Oil, Gas & Consumable Fuels industry. PARR has a bad profitability rating. Also its financial health evaluation is rather negative. PARR 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 PARR has reported negative net income.
In the past year PARR had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PARR reported negative net income in multiple years.
In multiple years PARR reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of PARR (-1.60%) is worse than 71.56% of its industry peers.
PARR's Return On Equity of -5.39% is on the low side compared to the rest of the industry. PARR is outperformed by 70.14% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.69%, PARR is doing worse than 73.46% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PARR is significantly below the industry average of 23.80%.
The 3 year average ROIC (16.13%) for PARR is well above the current ROIC(0.69%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.6% | ||
| ROE | -5.39% | ||
| ROIC | 0.69% |
ROA(3y)9.7%
ROA(5y)1.35%
ROE(3y)36.09%
ROE(5y)-17.68%
ROIC(3y)16.13%
ROIC(5y)N/A
1.3 Margins
The Operating Margin of PARR (0.30%) is worse than 75.36% of its industry peers.
PARR's Operating Margin has declined in the last couple of years.
The Gross Margin of PARR (3.24%) is worse than 75.83% of its industry peers.
In the last couple of years the Gross Margin of PARR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.3% | ||
| PM (TTM) | N/A | ||
| GM | 3.24% |
OM growth 3YN/A
OM growth 5Y-23.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y33.41%
GM growth 5Y-5.53%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PARR is creating some value.
Compared to 1 year ago, PARR has less shares outstanding
PARR has more shares outstanding than it did 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 2.76. This is not the best score and indicates that PARR is in the grey zone with still only limited risk for bankruptcy at the moment.
PARR has a Altman-Z score of 2.76. This is in the better half of the industry: PARR outperforms 78.67% of its industry peers.
PARR has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.04, PARR is doing worse than 69.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.76 |
ROIC/WACC0.07
WACC9.46%
2.3 Liquidity
PARR has a Current Ratio of 1.56. 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 1.56 is fine compared to the rest of the industry. PARR outperforms 69.19% of its industry peers.
A Quick Ratio of 0.54 indicates that PARR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.54, PARR is doing worse than 78.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
PARR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -120.15%.
Measured over the past years, PARR shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -30.04% on average per year.
Looking at the last year, PARR shows a decrease in Revenue. The Revenue has decreased by -9.25% in the last year.
The Revenue has been growing by 8.10% on average over the past years. This is quite good.
EPS 1Y (TTM)-120.15%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%-236.23%
Revenue 1Y (TTM)-9.25%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-11.9%
3.2 Future
The Earnings Per Share is expected to grow by 89.03% on average over the next years. This is a very strong growth
PARR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.20% yearly.
EPS Next Y427.59%
EPS Next 2Y230%
EPS Next 3Y117.17%
EPS Next 5Y89.03%
Revenue Next Year-15.61%
Revenue Next 2Y-9.18%
Revenue Next 3Y-5.2%
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 accelerating.
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
PARR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
PARR is valuated reasonably with a Price/Forward Earnings ratio of 11.10.
PARR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PARR is cheaper than 62.09% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PARR to the average of the S&P500 Index (35.19), we can say PARR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PARR is valued a bit more expensive than the industry average as 66.82% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.86 |
4.3 Compensation for Growth
PARR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PARR's earnings are expected to grow with 117.17% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y230%
EPS Next 3Y117.17%
5. Dividend
5.1 Amount
PARR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.06
+0.43 (+1.24%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners100.13%
Inst Owner Change0%
Ins Owners2.91%
Ins Owner Change0.77%
Market Cap1.81B
Analysts75.71
Price Target22.95 (-34.54%)
Short Float %9.31%
Short Ratio3.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.87%
Min EPS beat(2)-26.18%
Max EPS beat(2)22.44%
EPS beat(4)2
Avg EPS beat(4)31.1%
Min EPS beat(4)-54.22%
Max EPS beat(4)182.35%
EPS beat(8)3
Avg EPS beat(8)17.35%
EPS beat(12)7
Avg EPS beat(12)22.7%
EPS beat(16)8
Avg EPS beat(16)10.23%
Revenue beat(2)2
Avg Revenue beat(2)7.9%
Min Revenue beat(2)6.46%
Max Revenue beat(2)9.34%
Revenue beat(4)4
Avg Revenue beat(4)8.92%
Min Revenue beat(4)6.46%
Max Revenue beat(4)11.32%
Revenue beat(8)7
Avg Revenue beat(8)7.16%
Revenue beat(12)11
Avg Revenue beat(12)9.42%
Revenue beat(16)15
Avg Revenue beat(16)8.54%
PT rev (1m)8.22%
PT rev (3m)12.5%
EPS NQ rev (1m)49.17%
EPS NQ rev (3m)389.17%
EPS NY rev (1m)1660.56%
EPS NY rev (3m)72.75%
Revenue NQ rev (1m)0.62%
Revenue NQ rev (3m)-6.79%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)-3.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.1 | ||
| P/S | 0.23 | ||
| P/FCF | N/A | ||
| P/OCF | 31.76 | ||
| P/B | 1.63 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 17.86 |
EPS(TTM)-1.34
EYN/A
EPS(NY)3.16
Fwd EY9.01%
FCF(TTM)-1.88
FCFYN/A
OCF(TTM)1.1
OCFY3.15%
SpS150.03
BVpS21.56
TBVpS18.87
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.6% | ||
| ROE | -5.39% | ||
| ROCE | 0.87% | ||
| ROIC | 0.69% | ||
| ROICexc | 0.72% | ||
| ROICexgc | 0.76% | ||
| OM | 0.3% | ||
| PM (TTM) | N/A | ||
| GM | 3.24% | ||
| FCFM | N/A |
ROA(3y)9.7%
ROA(5y)1.35%
ROE(3y)36.09%
ROE(5y)-17.68%
ROIC(3y)16.13%
ROIC(5y)N/A
ROICexc(3y)21.09%
ROICexc(5y)N/A
ROICexgc(3y)23.72%
ROICexgc(5y)N/A
ROCE(3y)20.42%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-26.87%
ROICexc growth 3YN/A
ROICexc growth 5Y-25.45%
OM growth 3YN/A
OM growth 5Y-23.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y33.41%
GM growth 5Y-5.53%
F-Score4
Asset Turnover2.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.29 | ||
| Cap/Depr | 113.51% | ||
| Cap/Sales | 1.99% | ||
| Interest Coverage | 0.33 | ||
| Cash Conversion | 35.79% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 2.76 |
F-Score4
WACC9.46%
ROIC/WACC0.07
Cap/Depr(3y)74.92%
Cap/Depr(5y)65.33%
Cap/Sales(3y)1.14%
Cap/Sales(5y)1.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-120.15%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%-236.23%
EPS Next Y427.59%
EPS Next 2Y230%
EPS Next 3Y117.17%
EPS Next 5Y89.03%
Revenue 1Y (TTM)-9.25%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-11.9%
Revenue Next Year-15.61%
Revenue Next 2Y-9.18%
Revenue Next 3Y-5.2%
Revenue Next 5YN/A
EBIT growth 1Y-94.48%
EBIT growth 3YN/A
EBIT growth 5Y-17.6%
EBIT Next Year158.95%
EBIT Next 3Y46.5%
EBIT Next 5Y42.84%
FCF growth 1Y-117.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-90.5%
OCF growth 3YN/A
OCF growth 5Y-4.52%