CVR PARTNERS LP (UAN) Stock Fundamental Analysis
NYSE:UAN - New York Stock Exchange, Inc. - US1266332055 - Currency: USD
Taking everything into account, UAN scores 5 out of 10 in our fundamental rating. UAN was compared to 85 industry peers in the Chemicals industry. While UAN belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. UAN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
UAN had positive earnings in the past year.
UAN had a positive operating cash flow in the past year.
UAN had positive earnings in 4 of the past 5 years.
UAN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 5.98%, UAN belongs to the best of the industry, outperforming 82.35% of the companies in the same industry.
UAN's Return On Equity of 20.78% is amongst the best of the industry. UAN outperforms 90.59% of its industry peers.
UAN has a better Return On Invested Capital (7.87%) than 71.76% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UAN is significantly above the industry average of 7.01%.
The last Return On Invested Capital (7.87%) for UAN is well below the 3 year average (17.22%), which needs to be investigated, but indicates that UAN had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 20.78% | ||
| ROIC | 7.87% |
ROA(3y)16.57%
ROA(5y)9.43%
ROE(3y)49.12%
ROE(5y)27.79%
ROIC(3y)17.22%
ROIC(5y)12.66%
1.3 Margins
UAN's Profit Margin of 11.59% is amongst the best of the industry. UAN outperforms 90.59% of its industry peers.
In the last couple of years the Profit Margin of UAN has declined.
The Operating Margin of UAN (17.22%) is better than 84.71% of its industry peers.
In the last couple of years the Operating Margin of UAN has grown nicely.
With an excellent Gross Margin value of 39.40%, UAN belongs to the best of the industry, outperforming 82.35% of the companies in the same industry.
UAN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.22% | ||
| PM (TTM) | 11.59% | ||
| GM | 39.4% |
OM growth 3Y-12.18%
OM growth 5Y17.71%
PM growth 3Y-7.57%
PM growth 5YN/A
GM growth 3Y-3.77%
GM growth 5Y3.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), UAN is creating value.
Compared to 1 year ago, UAN has about the same amount of shares outstanding.
The number of shares outstanding for UAN has been reduced compared to 5 years ago.
The debt/assets ratio for UAN has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of UAN is 5.01, which is a neutral value as it means it would take UAN, 5.01 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.01, UAN is doing good in the industry, outperforming 75.29% of the companies in the same industry.
A Debt/Equity ratio of 1.94 is on the high side and indicates that UAN has dependencies on debt financing.
With a Debt to Equity ratio value of 1.94, UAN is not doing good in the industry: 84.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.94 | ||
| Debt/FCF | 5.01 | ||
| Altman-Z | N/A |
ROIC/WACC0.9
WACC8.74%
2.3 Liquidity
UAN has a Current Ratio of 2.10. This indicates that UAN is financially healthy and has no problem in meeting its short term obligations.
UAN has a Current ratio of 2.10. This is comparable to the rest of the industry: UAN outperforms 57.65% of its industry peers.
A Quick Ratio of 1.42 indicates that UAN should not have too much problems paying its short term obligations.
The Quick ratio of UAN (1.42) is better than 65.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.1 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
UAN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.29%.
The Earnings Per Share has been decreasing by -7.63% on average over the past years.
The Revenue for UAN has decreased by -22.91% in the past year. This is quite bad
Measured over the past years, UAN shows a small growth in Revenue. The Revenue has been growing by 5.38% on average per year.
EPS 1Y (TTM)-9.29%
EPS 3Y-7.63%
EPS 5YN/A
EPS Q2Q%115.13%
Revenue 1Y (TTM)-22.91%
Revenue growth 3Y-0.46%
Revenue growth 5Y5.38%
Sales Q2Q%11.91%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.50, the valuation of UAN can be described as very reasonable.
Based on the Price/Earnings ratio, UAN is valued cheaply inside the industry as 81.18% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of UAN to the average of the S&P500 Index (26.68), we can say UAN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UAN is valued a bit cheaper than the industry average as 71.76% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, UAN is valued cheaply inside the industry as 91.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.64 | ||
| EV/EBITDA | 7.53 |
4.3 Compensation for Growth
UAN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.74%, UAN is a good candidate for dividend investing.
UAN's Dividend Yield is rather good when compared to the industry average which is at 3.70. UAN pays more dividend than 91.76% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, UAN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.74% |
5.2 History
On average, the dividend of UAN grows each year by 10.79%, which is quite nice.
UAN has been paying a dividend for at least 10 years, so it has a reliable track record.
UAN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.79%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
UAN pays out 116.11% of its income as dividend. This is not a sustainable payout ratio.
DP116.11%
EPS Next 2YN/A
EPS Next 3YN/A
82
+0.76 (+0.94%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners45.15%
Inst Owner Change3.65%
Ins Owners0.36%
Ins Owner Change0%
Market Cap866.74M
Analysts45
Price TargetN/A
Short Float %0.68%
Short Ratio2.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.74% |
Yearly Dividend6.69
Dividend Growth(5Y)10.79%
DP116.11%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | N/A | ||
| P/S | 1.65 | ||
| P/FCF | 7.64 | ||
| P/OCF | 5.76 | ||
| P/B | 2.96 | ||
| P/tB | 2.96 | ||
| EV/EBITDA | 7.53 |
EPS(TTM)7.13
EY8.7%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)10.73
FCFY13.09%
OCF(TTM)14.24
OCFY17.37%
SpS49.7
BVpS27.73
TBVpS27.73
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 20.78% | ||
| ROCE | 9.97% | ||
| ROIC | 7.87% | ||
| ROICexc | 8.75% | ||
| ROICexgc | 8.75% | ||
| OM | 17.22% | ||
| PM (TTM) | 11.59% | ||
| GM | 39.4% | ||
| FCFM | 21.6% |
ROA(3y)16.57%
ROA(5y)9.43%
ROE(3y)49.12%
ROE(5y)27.79%
ROIC(3y)17.22%
ROIC(5y)12.66%
ROICexc(3y)18.67%
ROICexc(5y)13.82%
ROICexgc(3y)18.67%
ROICexgc(5y)13.82%
ROCE(3y)21.8%
ROCE(5y)16.02%
ROICexcg growth 3Y-11.31%
ROICexcg growth 5Y28.77%
ROICexc growth 3Y-11.31%
ROICexc growth 5Y29.83%
OM growth 3Y-12.18%
OM growth 5Y17.71%
PM growth 3Y-7.57%
PM growth 5YN/A
GM growth 3Y-3.77%
GM growth 5Y3.15%
F-Score4
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.94 | ||
| Debt/FCF | 5.01 | ||
| Debt/EBITDA | 3.18 | ||
| Cap/Depr | 42.08% | ||
| Cap/Sales | 7.06% | ||
| Interest Coverage | 2.65 | ||
| Cash Conversion | 84.32% | ||
| Profit Quality | 186.32% | ||
| Current Ratio | 2.1 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | N/A |
F-Score4
WACC8.74%
ROIC/WACC0.9
Cap/Depr(3y)42.29%
Cap/Depr(5y)35.87%
Cap/Sales(3y)5.32%
Cap/Sales(5y)5.03%
Profit Quality(3y)134.35%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.29%
EPS 3Y-7.63%
EPS 5YN/A
EPS Q2Q%115.13%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-22.91%
Revenue growth 3Y-0.46%
Revenue growth 5Y5.38%
Sales Q2Q%11.91%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-55.44%
EBIT growth 3Y-12.58%
EBIT growth 5Y24.04%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-48.27%
FCF growth 3Y-12.28%
FCF growth 5Y40.81%
OCF growth 1Y-38.18%
OCF growth 3Y-7.25%
OCF growth 5Y30.88%