SUBURBAN PROPANE PARTNERS LP (SPH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPH - US8644821048
19.17 USD
+0.16 (+0.84%)
Taking everything into account, SPH scores 5 out of 10 in our fundamental rating. SPH was compared to 14 industry peers in the Gas Utilities industry. SPH has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on SPH.
1. Profitability
1.1 Basic Checks
SPH had positive earnings in the past year.
In the past year SPH had a positive cash flow from operations.
SPH had positive earnings in each of the past 5 years.
SPH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of SPH (4.20%) is comparable to the rest of the industry.
SPH has a Return On Equity of 15.03%. This is amongst the best in the industry. SPH outperforms 85.71% of its industry peers.
SPH has a Return On Invested Capital of 7.67%. This is in the better half of the industry: SPH outperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.2% | ||
| ROE | 15.03% | ||
| ROIC | 7.67% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SPH's Profit Margin of 6.79% is on the low side compared to the rest of the industry. SPH is outperformed by 78.57% of its industry peers.
In the last couple of years the Profit Margin of SPH has grown nicely.
SPH's Operating Margin of 14.02% is on the low side compared to the rest of the industry. SPH is outperformed by 78.57% of its industry peers.
SPH's Operating Margin has improved in the last couple of years.
SPH's Gross Margin of 59.87% is in line compared to the rest of the industry. SPH outperforms 50.00% of its industry peers.
In the last couple of years the Gross Margin of SPH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.02% | ||
| PM (TTM) | 6.79% | ||
| GM | 59.87% |
OM growth 3Y1.58%
OM growth 5Y2.61%
PM growth 3Y-7.18%
PM growth 5Y6.27%
GM growth 3Y4.88%
GM growth 5Y-1.51%
2. Health
2.1 Basic Checks
SPH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SPH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
The Debt to FCF ratio of SPH is 11.75, which is on the high side as it means it would take SPH, 11.75 years of fcf income to pay off all of its debts.
SPH's Debt to FCF ratio of 11.75 is amongst the best of the industry. SPH outperforms 92.86% of its industry peers.
SPH has a Debt/Equity ratio of 1.90. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of SPH (1.90) is worse than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 11.75 | ||
| Altman-Z | N/A |
ROIC/WACC1.12
WACC6.83%
2.3 Liquidity
A Current Ratio of 0.70 indicates that SPH may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.70, SPH is in line with its industry, outperforming 50.00% of the companies in the same industry.
SPH has a Quick Ratio of 0.70. This is a bad value and indicates that SPH is not financially healthy enough and could expect problems in meeting its short term obligations.
SPH has a Quick ratio of 0.46. This is comparable to the rest of the industry: SPH outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
SPH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.86%, which is quite impressive.
The Earnings Per Share has been growing by 11.07% on average over the past years. This is quite good.
Looking at the last year, SPH shows a small growth in Revenue. The Revenue has grown by 7.94% in the last year.
Measured over the past years, SPH shows a small growth in Revenue. The Revenue has been growing by 5.27% on average per year.
EPS 1Y (TTM)43.86%
EPS 3Y-9.33%
EPS 5Y11.07%
EPS Q2Q%23.19%
Revenue 1Y (TTM)7.94%
Revenue growth 3Y-1.56%
Revenue growth 5Y5.27%
Sales Q2Q%-12.26%
3.2 Future
SPH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.01% yearly.
Based on estimates for the next years, SPH will show a small growth in Revenue. The Revenue will grow by 0.41% on average per year.
EPS Next Y9.93%
EPS Next 2Y7.89%
EPS Next 3Y7.01%
EPS Next 5YN/A
Revenue Next Year-0.34%
Revenue Next 2Y0.41%
Revenue Next 3Y0.41%
Revenue Next 5YN/A
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
A Price/Earnings ratio of 11.69 indicates a reasonable valuation of SPH.
Based on the Price/Earnings ratio, SPH is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SPH to the average of the S&P500 Index (26.37), we can say SPH is valued rather cheaply.
SPH is valuated reasonably with a Price/Forward Earnings ratio of 10.63.
Based on the Price/Forward Earnings ratio, SPH is valued cheaper than 92.86% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.20, SPH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 10.63 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPH indicates a somewhat cheap valuation: SPH is cheaper than 71.43% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, SPH is valued cheaper than 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.03 | ||
| EV/EBITDA | 9.09 |
4.3 Compensation for Growth
SPH's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.18
PEG (5Y)1.06
EPS Next 2Y7.89%
EPS Next 3Y7.01%
5. Dividend
5.1 Amount
SPH has a Yearly Dividend Yield of 6.73%, which is a nice return.
Compared to an average industry Dividend Yield of 3.71, SPH pays a better dividend. On top of this SPH pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, SPH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.73% |
5.2 History
The dividend of SPH decreases each year by -11.53%.
SPH has paid a dividend for at least 10 years, which is a reliable track record.
SPH has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-11.53%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
SPH pays out 86.21% of its income as dividend. This is not a sustainable payout ratio.
DP86.21%
EPS Next 2Y7.89%
EPS Next 3Y7.01%
NYSE:SPH (12/3/2025, 8:04:00 PM)
19.17
+0.16 (+0.84%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners41.5%
Inst Owner Change2.13%
Ins Owners2.72%
Ins Owner Change5.06%
Market Cap1.26B
Revenue(TTM)1.43B
Net Income(TTM)97.12M
Analysts48.89
Price Target17.34 (-9.55%)
Short Float %0.93%
Short Ratio5.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.73% |
Yearly Dividend1.3
Dividend Growth(5Y)-11.53%
DP86.21%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.24%
Min EPS beat(2)-19.85%
Max EPS beat(2)-4.62%
EPS beat(4)0
Avg EPS beat(4)-31.07%
Min EPS beat(4)-56%
Max EPS beat(4)-4.62%
EPS beat(8)1
Avg EPS beat(8)-25.44%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.79%
Min Revenue beat(2)-4.6%
Max Revenue beat(2)6.18%
Revenue beat(4)1
Avg Revenue beat(4)-2.73%
Min Revenue beat(4)-11.34%
Max Revenue beat(4)6.18%
Revenue beat(8)1
Avg Revenue beat(8)-3.49%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 10.63 | ||
| P/S | 0.88 | ||
| P/FCF | 12.03 | ||
| P/OCF | 6.93 | ||
| P/B | 1.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.09 |
EPS(TTM)1.64
EY8.56%
EPS(NY)1.8
Fwd EY9.4%
FCF(TTM)1.59
FCFY8.31%
OCF(TTM)2.77
OCFY14.44%
SpS21.84
BVpS9.87
TBVpS-9.16
PEG (NY)1.18
PEG (5Y)1.06
Graham Number19.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.2% | ||
| ROE | 15.03% | ||
| ROCE | 9.72% | ||
| ROIC | 7.67% | ||
| ROICexc | 7.68% | ||
| ROICexgc | 19.39% | ||
| OM | 14.02% | ||
| PM (TTM) | 6.79% | ||
| GM | 59.87% | ||
| FCFM | 7.3% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y1.58%
OM growth 5Y2.61%
PM growth 3Y-7.18%
PM growth 5Y6.27%
GM growth 3Y4.88%
GM growth 5Y-1.51%
F-Score6
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 11.75 | ||
| Debt/EBITDA | 4.51 | ||
| Cap/Depr | 108.43% | ||
| Cap/Sales | 5.38% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.76% | ||
| Profit Quality | 107.41% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | N/A |
F-Score6
WACC6.83%
ROIC/WACC1.12
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)43.86%
EPS 3Y-9.33%
EPS 5Y11.07%
EPS Q2Q%23.19%
EPS Next Y9.93%
EPS Next 2Y7.89%
EPS Next 3Y7.01%
EPS Next 5YN/A
Revenue 1Y (TTM)7.94%
Revenue growth 3Y-1.56%
Revenue growth 5Y5.27%
Sales Q2Q%-12.26%
Revenue Next Year-0.34%
Revenue Next 2Y0.41%
Revenue Next 3Y0.41%
Revenue Next 5YN/A
EBIT growth 1Y1.38%
EBIT growth 3Y0%
EBIT growth 5Y8.02%
EBIT Next Year37.98%
EBIT Next 3Y11.97%
EBIT Next 5Y10.22%
FCF growth 1Y-19.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-0.24%
OCF growth 3YN/A
OCF growth 5YN/A
SUBURBAN PROPANE PARTNERS LP / SPH FAQ
What is the fundamental rating for SPH stock?
ChartMill assigns a fundamental rating of 5 / 10 to SPH.
Can you provide the valuation status for SUBURBAN PROPANE PARTNERS LP?
ChartMill assigns a valuation rating of 7 / 10 to SUBURBAN PROPANE PARTNERS LP (SPH). This can be considered as Undervalued.
How profitable is SUBURBAN PROPANE PARTNERS LP (SPH) stock?
SUBURBAN PROPANE PARTNERS LP (SPH) has a profitability rating of 5 / 10.
What is the financial health of SUBURBAN PROPANE PARTNERS LP (SPH) stock?
The financial health rating of SUBURBAN PROPANE PARTNERS LP (SPH) is 3 / 10.
What is the earnings growth outlook for SUBURBAN PROPANE PARTNERS LP?
The Earnings per Share (EPS) of SUBURBAN PROPANE PARTNERS LP (SPH) is expected to grow by 9.93% in the next year.