PAR PACIFIC HOLDINGS INC (PARR) Stock Fundamental Analysis
NYSE:PARR - US69888T2078 - Common Stock
34.64 USD
+0.77 (+2.27%)
34.64 USD
0 (0%)
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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PARR had negative earnings in the past year.
PARR had a positive operating cash flow in the past year.
In multiple years PARR reported negative net income over the last 5 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
PARR has a Return On Assets of -0.49%. This is in the lower half of the industry: PARR underperforms 69.05% of its industry peers.
Looking at the Return On Equity, with a value of -1.67%, PARR is doing worse than 68.57% of the companies in the same industry.
With a Return On Invested Capital value of 2.02%, PARR is not doing good in the industry: 70.95% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for PARR is significantly below the industry average of 23.42%.
The 3 year average ROIC (16.13%) for PARR is well above the current ROIC(2.02%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.49% | ||
| ROE | -1.67% | ||
| ROIC | 2.02% |
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 (0.90%) is worse than 74.76% of its industry peers.
PARR's Operating Margin has declined in the last couple of years.
PARR has a Gross Margin of 3.92%. This is in the lower half of the industry: PARR underperforms 75.24% of its industry peers.
In the last couple of years the Gross Margin of PARR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.9% | ||
| PM (TTM) | N/A | ||
| GM | 3.92% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PARR is still creating some value.
PARR has less shares outstanding than it did 1 year ago.
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
An Altman-Z score of 2.64 indicates that PARR is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.64, PARR is doing good in the industry, outperforming 76.67% of the companies in the same industry.
PARR has a debt to FCF ratio of 37.36. This is a negative value and a sign of low solvency as PARR would need 37.36 years to pay back of all of its debts.
PARR has a Debt to FCF ratio (37.36) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.97 indicates that PARR is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.97, PARR is not doing good in the industry: 67.62% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 37.36 | ||
| Altman-Z | 2.64 |
ROIC/WACC0.21
WACC9.46%
2.3 Liquidity
A Current Ratio of 1.42 indicates that PARR should not have too much problems paying its short term obligations.
PARR has a better Current ratio (1.42) than 65.24% of its industry peers.
PARR has a Quick Ratio of 1.42. 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 0.56, PARR is not doing good in the industry: 78.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The earnings per share for PARR have decreased strongly by -105.36% in the last year.
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.
The Revenue for PARR has decreased by -13.09% in the past year. This is quite bad
Measured over the past years, PARR shows a quite strong growth in Revenue. The Revenue has been growing by 8.10% on average per year.
EPS 1Y (TTM)-105.36%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%214.29%
Revenue 1Y (TTM)-13.09%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-6.15%
3.2 Future
Based on estimates for the next years, PARR will show a very strong growth in Earnings Per Share. The EPS will grow by 95.11% on average per year.
PARR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.70% yearly.
EPS Next Y632.99%
EPS Next 2Y222.93%
EPS Next 3Y120.55%
EPS Next 5Y95.11%
Revenue Next Year-8.81%
Revenue Next 2Y-7.78%
Revenue Next 3Y-3.7%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
PARR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 11.45 indicates a reasonable valuation of PARR.
PARR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PARR is cheaper than 62.86% of the companies in the same industry.
PARR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PARR is valued a bit more expensive than the industry average as 62.38% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PARR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.41 | ||
| EV/EBITDA | 13.14 |
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.
PARR's earnings are expected to grow with 120.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y222.93%
EPS Next 3Y120.55%
5. Dividend
5.1 Amount
PARR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
34.64
+0.77 (+2.27%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners100.07%
Inst Owner Change-1.34%
Ins Owners2.92%
Ins Owner Change0.04%
Market Cap1.76B
Analysts75.71
Price Target32.98 (-4.79%)
Short Float %6.29%
Short Ratio2.2
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)35.13%
Min EPS beat(2)-26.18%
Max EPS beat(2)96.44%
EPS beat(4)2
Avg EPS beat(4)9.62%
Min EPS beat(4)-54.22%
Max EPS beat(4)96.44%
EPS beat(8)3
Avg EPS beat(8)24.35%
EPS beat(12)7
Avg EPS beat(12)25.25%
EPS beat(16)9
Avg EPS beat(16)17.08%
Revenue beat(2)2
Avg Revenue beat(2)12.79%
Min Revenue beat(2)9.34%
Max Revenue beat(2)16.23%
Revenue beat(4)4
Avg Revenue beat(4)10.84%
Min Revenue beat(4)6.46%
Max Revenue beat(4)16.23%
Revenue beat(8)7
Avg Revenue beat(8)8.12%
Revenue beat(12)11
Avg Revenue beat(12)9.72%
Revenue beat(16)15
Avg Revenue beat(16)8.73%
PT rev (1m)11.49%
PT rev (3m)76.76%
EPS NQ rev (1m)11.99%
EPS NQ rev (3m)54.69%
EPS NY rev (1m)38.93%
EPS NY rev (3m)2346.01%
Revenue NQ rev (1m)7.07%
Revenue NQ rev (3m)5.81%
Revenue NY rev (1m)7.98%
Revenue NY rev (3m)13.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.45 | ||
| P/S | 0.23 | ||
| P/FCF | 58.41 | ||
| P/OCF | 9.02 | ||
| P/B | 1.53 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 13.14 |
EPS(TTM)-0.29
EYN/A
EPS(NY)3.02
Fwd EY8.73%
FCF(TTM)0.59
FCFY1.71%
OCF(TTM)3.84
OCFY11.09%
SpS149.86
BVpS22.6
TBVpS19.88
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.49% | ||
| ROE | -1.67% | ||
| ROCE | 2.55% | ||
| ROIC | 2.02% | ||
| ROICexc | 2.15% | ||
| ROICexgc | 2.28% | ||
| OM | 0.9% | ||
| PM (TTM) | N/A | ||
| GM | 3.92% | ||
| FCFM | 0.4% |
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-Score3
Asset Turnover1.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 37.36 | ||
| Debt/EBITDA | 5.41 | ||
| Cap/Depr | 119.54% | ||
| Cap/Sales | 2.17% | ||
| Interest Coverage | 0.87 | ||
| Cash Conversion | 94.42% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 2.64 |
F-Score3
WACC9.46%
ROIC/WACC0.21
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)-105.36%
EPS 3YN/A
EPS 5Y-30.04%
EPS Q2Q%214.29%
EPS Next Y632.99%
EPS Next 2Y222.93%
EPS Next 3Y120.55%
EPS Next 5Y95.11%
Revenue 1Y (TTM)-13.09%
Revenue growth 3Y19.19%
Revenue growth 5Y8.1%
Sales Q2Q%-6.15%
Revenue Next Year-8.81%
Revenue Next 2Y-7.78%
Revenue Next 3Y-3.7%
Revenue Next 5YN/A
EBIT growth 1Y-83.74%
EBIT growth 3YN/A
EBIT growth 5Y-17.6%
EBIT Next Year150.15%
EBIT Next 3Y60.51%
EBIT Next 5Y44.43%
FCF growth 1Y-95.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-73.52%
OCF growth 3YN/A
OCF growth 5Y-4.52%