Cosan S.A. Sponsored ADR (CSANY) vs Delek US Holdings, Inc. (DK)

Cosan S.A. Sponsored ADR and Delek US Holdings, Inc. are both Oil & Gas Refining & Marketing companies. Delek US Holdings, Inc. is the larger, with a market value of $4.1B against $2.7B — 1.5× the size. Cosan S.A. Sponsored ADR has negative trailing earnings, so its P/E is not meaningful; Delek US Holdings, Inc. trades at 18.4×. Delek US Holdings, Inc. grew revenue faster over the last twelve months: 11.4% against −6.49%. Delek US Holdings, Inc. has the higher net margin (1.86% vs −23.8%) and the higher return on invested capital (12.2% vs 8.58%). Both pay a dividend; Cosan S.A. Sponsored ADR yields more (4.02% vs 3.26%). Across the 21 metrics below, Cosan S.A. Sponsored ADR leads on 12 and Delek US Holdings, Inc. on 9.

Valuation

Metric CSANY DK Oil & Gas Refining & Marketing median
P/E n/m 18.43 15.04
P/S 0.38 0.35 0.41
P/B 0.50 9.84 1.87
Price to free cash flow 2.95 6.19 8.78
EV/EBITDA 4.25 6.69 7.94
EV/Sales 1.53 0.56 0.59
Earnings yield (85.37%) 5.42% 6.15%
Free cash flow yield 33.94% 16.16% 10.47%

Profitability

Metric CSANY DK Oil & Gas Refining & Marketing median
Gross margin 33.59% 7.12% 12.22%
Operating margin 26.27% 4.84% 5.35%
Net margin (23.78%) 1.86% 2.08%
Free cash flow margin 13.06% 5.58% 4.25%
Return on equity (30.16%) 62.57% 11.39%
Return on assets (7.57%) 3.07% 5.22%
Return on invested capital 8.58% 12.22% 11.54%

Growth

Metric CSANY DK Oil & Gas Refining & Marketing median
Revenue growth (TTM) (6.49%) 11.40% 13.37%
EPS growth (last fiscal year) 24.95% 95.67% —
Revenue growth, 5-year CAGR 12.79% 7.99% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CSANY DK Oil & Gas Refining & Marketing median
Debt to equity 2.25 7.55 0.44
Current ratio 1.87 0.76 1.32
Net debt to EBITDA 2.88 3.73 2.07

Dividend

Metric CSANY DK Oil & Gas Refining & Marketing median
Dividend yield 4.02% 3.26% 3.64%
Payout ratio 0.90 0.05 0.14

Size

Metric CSANY DK Oil & Gas Refining & Marketing median
Market cap 2.71b 4.12b 4.12b

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