Cosan S.A. Sponsored ADR (CSANY) vs Par Pacific Holdings, Inc. (PARR)

Cosan S.A. Sponsored ADR and Par Pacific Holdings, Inc. are both Oil & Gas Refining & Marketing companies. Par Pacific Holdings, Inc. is the larger, with a market value of $3.9B against $2.7B — 1.4× the size. Cosan S.A. Sponsored ADR has negative trailing earnings, so its P/E is not meaningful; Par Pacific Holdings, Inc. trades at 4.4×. Par Pacific Holdings, Inc. grew revenue faster over the last twelve months: 13.2% against −6.49%. Par Pacific Holdings, Inc. has the higher net margin (9.94% vs −23.8%) and the higher return on invested capital (28.4% vs 8.58%). Across the 20 metrics below, Par Pacific Holdings, Inc. leads on 12 and Cosan S.A. Sponsored ADR on 8.

Valuation

Metric CSANY PARR Oil & Gas Refining & Marketing median
P/E n/m 4.42 15.04
P/S 0.38 0.44 0.41
P/B 0.50 1.90 1.87
Price to free cash flow 2.95 9.03 8.78
EV/EBITDA 4.25 3.32 7.94
EV/Sales 1.53 0.50 0.59
Earnings yield (85.37%) 22.62% 6.15%
Free cash flow yield 33.94% 11.08% 10.47%

Profitability

Metric CSANY PARR Oil & Gas Refining & Marketing median
Gross margin 33.59% 23.06% 12.22%
Operating margin 26.27% 13.43% 5.35%
Net margin (23.78%) 9.94% 2.08%
Free cash flow margin 13.06% 4.83% 4.25%
Return on equity (30.16%) 54.74% 11.39%
Return on assets (7.57%) 20.33% 5.22%
Return on invested capital 8.58% 28.42% 11.54%

Growth

Metric CSANY PARR Oil & Gas Refining & Marketing median
Revenue growth (TTM) (6.49%) 13.19% 13.37%
EPS growth (last fiscal year) 24.95% 1,313.56% —
Revenue growth, 5-year CAGR 12.79% 19.02% 12.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CSANY PARR Oil & Gas Refining & Marketing median
Debt to equity 2.25 0.38 0.44
Current ratio 1.87 1.84 1.32
Net debt to EBITDA 2.88 0.95 2.07

Dividend

Metric CSANY PARR Oil & Gas Refining & Marketing median
Dividend yield 4.02% — 3.64%
Payout ratio 0.90 0.00 0.14

Size

Metric CSANY PARR Oil & Gas Refining & Marketing median
Market cap 2.71b 3.85b 4.12b

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