ULTRAPAR PARTICPAC-SPON ADR (UGP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UGP - US90400P1012 - ADR
3.77 USD
-0.03 (-0.79%)
3.77 USD
0 (0%)
Overall UGP gets a fundamental rating of 6 out of 10. We evaluated UGP against 123 industry peers in the Specialty Retail industry. UGP has only an average score on both its financial health and profitability. UGP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally UGP also has an excellent dividend rating. This makes UGP very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
UGP had positive earnings in the past year.
UGP had a positive operating cash flow in the past year.
UGP had positive earnings in each of the past 5 years.
UGP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
UGP has a better Return On Assets (6.44%) than 77.24% of its industry peers.
Looking at the Return On Equity, with a value of 18.26%, UGP is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
UGP has a Return On Invested Capital of 10.04%. This is in the better half of the industry: UGP outperforms 73.98% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UGP is in line with the industry average of 12.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.44% | ||
| ROE | 18.26% | ||
| ROIC | 10.04% |
ROA(3y)5.76%
ROA(5y)4.39%
ROE(3y)16.34%
ROE(5y)13.37%
ROIC(3y)10.37%
ROIC(5y)7.58%
1.3 Margins
UGP has a Profit Margin of 2.12%. This is in the better half of the industry: UGP outperforms 60.98% of its industry peers.
In the last couple of years the Profit Margin of UGP has grown nicely.
UGP has a better Operating Margin (3.96%) than 60.16% of its industry peers.
In the last couple of years the Operating Margin of UGP has grown nicely.
UGP has a worse Gross Margin (7.10%) than 91.87% of its industry peers.
UGP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.96% | ||
| PM (TTM) | 2.12% | ||
| GM | 7.1% |
OM growth 3Y42.59%
OM growth 5Y11.25%
PM growth 3Y31.69%
PM growth 5Y33.44%
GM growth 3Y17.53%
GM growth 5Y1.18%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so UGP is still creating some value.
UGP has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, UGP has less shares outstanding
Compared to 1 year ago, UGP has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.38 indicates that UGP is not in any danger for bankruptcy at the moment.
The Altman-Z score of UGP (4.38) is better than 85.37% of its industry peers.
UGP has a debt to FCF ratio of 9.53. This is a negative value and a sign of low solvency as UGP would need 9.53 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.53, UGP is in line with its industry, outperforming 57.72% of the companies in the same industry.
UGP has a Debt/Equity ratio of 0.97. This is a neutral value indicating UGP is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.97, UGP perfoms like the industry average, outperforming 43.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 9.53 | ||
| Altman-Z | 4.38 |
ROIC/WACC0.98
WACC10.23%
2.3 Liquidity
UGP has a Current Ratio of 1.82. This is a normal value and indicates that UGP is financially healthy and should not expect problems in meeting its short term obligations.
UGP has a better Current ratio (1.82) than 77.24% of its industry peers.
A Quick Ratio of 1.38 indicates that UGP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.38, UGP belongs to the top of the industry, outperforming 83.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.33% over the past year.
UGP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.25% yearly.
The Revenue has been growing slightly by 5.91% in the past year.
UGP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.37% yearly.
EPS 1Y (TTM)12.33%
EPS 3Y39.09%
EPS 5Y43.25%
EPS Q2Q%10.06%
Revenue 1Y (TTM)5.91%
Revenue growth 3Y6.75%
Revenue growth 5Y8.37%
Sales Q2Q%4.74%
3.2 Future
The Earnings Per Share is expected to grow by 7.52% on average over the next years.
The Revenue is expected to grow by 5.98% on average over the next years.
EPS Next Y-0.07%
EPS Next 2Y0.02%
EPS Next 3Y7.52%
EPS Next 5YN/A
Revenue Next Year3.95%
Revenue Next 2Y1.95%
Revenue Next 3Y3.63%
Revenue Next 5Y5.98%
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
A Price/Earnings ratio of 7.54 indicates a rather cheap valuation of UGP.
UGP's Price/Earnings ratio is rather cheap when compared to the industry. UGP is cheaper than 95.12% of the companies in the same industry.
When comparing the Price/Earnings ratio of UGP to the average of the S&P500 Index (26.51), we can say UGP is valued rather cheaply.
A Price/Forward Earnings ratio of 9.54 indicates a reasonable valuation of UGP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UGP indicates a rather cheap valuation: UGP is cheaper than 86.99% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, UGP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 9.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UGP indicates a rather cheap valuation: UGP is cheaper than 86.18% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, UGP is valued cheaply inside the industry as 84.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.1 | ||
| EV/EBITDA | 5.32 |
4.3 Compensation for Growth
The decent profitability rating of UGP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y0.02%
EPS Next 3Y7.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.01%, UGP is a good candidate for dividend investing.
UGP's Dividend Yield is rather good when compared to the industry average which is at 2.01. UGP pays more dividend than 95.94% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, UGP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.01% |
5.2 History
On average, the dividend of UGP grows each year by 6.93%, which is quite nice.
UGP has paid a dividend for at least 10 years, which is a reliable track record.
UGP has decreased its dividend recently.
Dividend Growth(5Y)6.93%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
29.65% of the earnings are spent on dividend by UGP. This is a low number and sustainable payout ratio.
The dividend of UGP is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP29.65%
EPS Next 2Y0.02%
EPS Next 3Y7.52%
3.77
-0.03 (-0.79%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners38.36%
Inst Owner Change4.76%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.03B
Revenue(TTM)133.50B
Net Income(TTM)2.94B
Analysts77.14
Price Target4.73 (25.46%)
Short Float %0.21%
Short Ratio0.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.01% |
Yearly Dividend0.14
Dividend Growth(5Y)6.93%
DP29.65%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)84.56%
Min EPS beat(2)-16.03%
Max EPS beat(2)185.16%
EPS beat(4)3
Avg EPS beat(4)66.03%
Min EPS beat(4)-16.03%
Max EPS beat(4)185.16%
EPS beat(8)5
Avg EPS beat(8)49.89%
EPS beat(12)7
Avg EPS beat(12)62.93%
EPS beat(16)11
Avg EPS beat(16)67.29%
Revenue beat(2)1
Avg Revenue beat(2)-1.95%
Min Revenue beat(2)-4.43%
Max Revenue beat(2)0.53%
Revenue beat(4)1
Avg Revenue beat(4)-1.49%
Min Revenue beat(4)-4.43%
Max Revenue beat(4)0.53%
Revenue beat(8)1
Avg Revenue beat(8)-2.61%
Revenue beat(12)2
Avg Revenue beat(12)-2.35%
Revenue beat(16)3
Avg Revenue beat(16)-4.13%
PT rev (1m)-0.43%
PT rev (3m)9.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.07%
EPS NY rev (1m)5.76%
EPS NY rev (3m)6.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.52%
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 9.54 | ||
| P/S | 0.16 | ||
| P/FCF | 11.1 | ||
| P/OCF | 5.58 | ||
| P/B | 1.37 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 5.32 |
EPS(TTM)0.5
EY13.26%
EPS(NY)0.4
Fwd EY10.48%
FCF(TTM)0.34
FCFY9.01%
OCF(TTM)0.68
OCFY17.91%
SpS23.6
BVpS2.75
TBVpS2.12
PEG (NY)N/A
PEG (5Y)0.17
Graham Number5.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.44% | ||
| ROE | 18.26% | ||
| ROCE | 15.06% | ||
| ROIC | 10.04% | ||
| ROICexc | 11.27% | ||
| ROICexgc | 12.71% | ||
| OM | 3.96% | ||
| PM (TTM) | 2.12% | ||
| GM | 7.1% | ||
| FCFM | 1.44% |
ROA(3y)5.76%
ROA(5y)4.39%
ROE(3y)16.34%
ROE(5y)13.37%
ROIC(3y)10.37%
ROIC(5y)7.58%
ROICexc(3y)13.22%
ROICexc(5y)9.68%
ROICexgc(3y)14.75%
ROICexgc(5y)10.75%
ROCE(3y)15.56%
ROCE(5y)11.37%
ROICexgc growth 3Y48.25%
ROICexgc growth 5Y16.56%
ROICexc growth 3Y47.61%
ROICexc growth 5Y16.73%
OM growth 3Y42.59%
OM growth 5Y11.25%
PM growth 3Y31.69%
PM growth 5Y33.44%
GM growth 3Y17.53%
GM growth 5Y1.18%
F-Score5
Asset Turnover3.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 9.53 | ||
| Debt/EBITDA | 2.3 | ||
| Cap/Depr | 152.85% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 3.42 | ||
| Cash Conversion | 58.51% | ||
| Profit Quality | 67.74% | ||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 4.38 |
F-Score5
WACC10.23%
ROIC/WACC0.98
Cap/Depr(3y)125.7%
Cap/Depr(5y)121.29%
Cap/Sales(3y)1.07%
Cap/Sales(5y)1.18%
Profit Quality(3y)77.27%
Profit Quality(5y)121.89%
High Growth Momentum
Growth
EPS 1Y (TTM)12.33%
EPS 3Y39.09%
EPS 5Y43.25%
EPS Q2Q%10.06%
EPS Next Y-0.07%
EPS Next 2Y0.02%
EPS Next 3Y7.52%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y6.75%
Revenue growth 5Y8.37%
Sales Q2Q%4.74%
Revenue Next Year3.95%
Revenue Next 2Y1.95%
Revenue Next 3Y3.63%
Revenue Next 5Y5.98%
EBIT growth 1Y6.6%
EBIT growth 3Y52.22%
EBIT growth 5Y20.57%
EBIT Next Year67.77%
EBIT Next 3Y25.56%
EBIT Next 5Y15.95%
FCF growth 1Y9.58%
FCF growth 3Y13.86%
FCF growth 5Y2.14%
OCF growth 1Y31.83%
OCF growth 3Y13.04%
OCF growth 5Y5.01%
ULTRAPAR PARTICPAC-SPON ADR / UGP FAQ
Can you provide the ChartMill fundamental rating for ULTRAPAR PARTICPAC-SPON ADR?
ChartMill assigns a fundamental rating of 6 / 10 to UGP.
Can you provide the valuation status for ULTRAPAR PARTICPAC-SPON ADR?
ChartMill assigns a valuation rating of 8 / 10 to ULTRAPAR PARTICPAC-SPON ADR (UGP). This can be considered as Undervalued.
What is the profitability of UGP stock?
ULTRAPAR PARTICPAC-SPON ADR (UGP) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for UGP stock?
The Earnings per Share (EPS) of ULTRAPAR PARTICPAC-SPON ADR (UGP) is expected to decline by -0.07% in the next year.
Is the dividend of ULTRAPAR PARTICPAC-SPON ADR sustainable?
The dividend rating of ULTRAPAR PARTICPAC-SPON ADR (UGP) is 8 / 10 and the dividend payout ratio is 29.65%.