ULTRAPAR PARTICPAC-SPON ADR (UGP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UGP - US90400P1012 - ADR
3.99 USD
-0.12 (-2.92%)
4.1 USD
+0.11 (+2.76%)
Overall UGP gets a fundamental rating of 6 out of 10. We evaluated UGP against 122 industry peers in the Specialty Retail industry. Both the profitability and the financial health of UGP get a neutral evaluation. Nothing too spectacular is happening here. UGP is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, UGP could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year UGP was profitable.
UGP had a positive operating cash flow in the past year.
Each year in the past 5 years UGP has been profitable.
Each year in the past 5 years UGP had a positive operating cash flow.
1.2 Ratios
UGP has a better Return On Assets (6.44%) than 77.87% of its industry peers.
With a decent Return On Equity value of 18.26%, UGP is doing good in the industry, outperforming 77.87% of the companies in the same industry.
UGP has a better Return On Invested Capital (10.04%) than 73.77% of its industry peers.
The Average Return On Invested Capital over the past 3 years for UGP is in line with the industry average of 11.71%.
| 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 better Profit Margin (2.12%) than 62.30% of its industry peers.
In the last couple of years the Profit Margin of UGP has grown nicely.
UGP's Operating Margin of 3.96% is in line compared to the rest of the industry. UGP outperforms 59.84% 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 92.62% 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 below the Cost of Capital (WACC), so UGP is destroying value.
Compared to 1 year ago, UGP has less shares outstanding
Compared to 5 years ago, UGP has less shares outstanding
The debt/assets ratio for UGP is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.40 indicates that UGP is not in any danger for bankruptcy at the moment.
UGP's Altman-Z score of 4.40 is amongst the best of the industry. UGP outperforms 86.89% of its industry peers.
The Debt to FCF ratio of UGP is 9.53, which is on the high side as it means it would take UGP, 9.53 years of fcf income to pay off all of its debts.
UGP has a Debt to FCF ratio (9.53) which is in line with its industry peers.
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 44.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 9.53 | ||
| Altman-Z | 4.4 |
ROIC/WACC0.96
WACC10.47%
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.
Looking at the Current ratio, with a value of 1.82, UGP belongs to the top of the industry, outperforming 80.33% of the companies in the same industry.
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 84.43% 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.
UGP shows a small growth in Revenue. In the last year, the Revenue has grown by 5.91%.
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
UGP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.23% yearly.
Based on estimates for the next years, UGP will show a small growth in Revenue. The Revenue will grow by 5.98% on average per year.
EPS Next Y-5.51%
EPS Next 2Y1.35%
EPS Next 3Y7.23%
EPS Next 5YN/A
Revenue Next Year3.3%
Revenue Next 2Y2.51%
Revenue Next 3Y3.62%
Revenue Next 5Y5.98%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 7.82, which indicates a rather cheap valuation of UGP.
UGP's Price/Earnings ratio is rather cheap when compared to the industry. UGP is cheaper than 94.26% of the companies in the same industry.
UGP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.11.
With a Price/Forward Earnings ratio of 9.60, the valuation of UGP can be described as very reasonable.
87.70% of the companies in the same industry are more expensive than UGP, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of UGP to the average of the S&P500 Index (36.21), we can say UGP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.82 | ||
| Fwd PE | 9.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UGP is valued cheaper than 85.25% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, UGP is valued cheaply inside the industry as 85.25% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.47 | ||
| EV/EBITDA | 5.43 |
4.3 Compensation for Growth
The decent profitability rating of UGP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y1.35%
EPS Next 3Y7.23%
5. Dividend
5.1 Amount
UGP has a Yearly Dividend Yield of 2.38%.
Compared to an average industry Dividend Yield of 5.64, UGP pays a better dividend. On top of this UGP pays more dividend than 82.79% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, UGP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
5.2 History
The dividend of UGP is nicely growing with an annual growth rate of 6.93%!
UGP has been paying a dividend for at least 10 years, so it has 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
UGP pays out 29.65% of its income as dividend. This is a sustainable payout ratio.
UGP's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP29.65%
EPS Next 2Y1.35%
EPS Next 3Y7.23%
3.99
-0.12 (-2.92%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners36.66%
Inst Owner Change4.76%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.26B
Revenue(TTM)133.50B
Net Income(TTM)2.94B
Analysts76.19
Price Target4.75 (19.05%)
Short Float %0.37%
Short Ratio1.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
Yearly Dividend0.15
Dividend Growth(5Y)6.93%
DP29.65%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)7.87%
PT rev (3m)13.44%
EPS NQ rev (1m)-0.09%
EPS NQ rev (3m)1.15%
EPS NY rev (1m)0.4%
EPS NY rev (3m)14.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.54%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.82 | ||
| Fwd PE | 9.6 | ||
| P/S | 0.17 | ||
| P/FCF | 11.47 | ||
| P/OCF | 5.77 | ||
| P/B | 1.42 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | 5.43 |
EPS(TTM)0.51
EY12.78%
EPS(NY)0.42
Fwd EY10.42%
FCF(TTM)0.35
FCFY8.72%
OCF(TTM)0.69
OCFY17.34%
SpS24.18
BVpS2.81
TBVpS2.17
PEG (NY)N/A
PEG (5Y)0.18
Graham Number5.68
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 | 4.4 |
F-Score5
WACC10.47%
ROIC/WACC0.96
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-5.51%
EPS Next 2Y1.35%
EPS Next 3Y7.23%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y6.75%
Revenue growth 5Y8.37%
Sales Q2Q%4.74%
Revenue Next Year3.3%
Revenue Next 2Y2.51%
Revenue Next 3Y3.62%
Revenue Next 5Y5.98%
EBIT growth 1Y6.6%
EBIT growth 3Y52.22%
EBIT growth 5Y20.57%
EBIT Next Year66.01%
EBIT Next 3Y23.78%
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.
What is the valuation status of ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
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.
What are the PE and PB ratios of ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
The Price/Earnings (PE) ratio for ULTRAPAR PARTICPAC-SPON ADR (UGP) is 7.82 and the Price/Book (PB) ratio is 1.42.
How sustainable is the dividend of ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
The dividend rating of ULTRAPAR PARTICPAC-SPON ADR (UGP) is 6 / 10 and the dividend payout ratio is 29.65%.