Cosan S.A. Sponsored ADR (CSANY) vs Star Group, L.P. (SGU)

Cosan S.A. Sponsored ADR and Star Group, L.P. are both Oil & Gas Refining & Marketing companies. Cosan S.A. Sponsored ADR is the larger, with a market value of $2.7B against $426.9M — 6.3× the size. Cosan S.A. Sponsored ADR has negative trailing earnings, so its P/E is not meaningful; Star Group, L.P. trades at 7.0×. Star Group, L.P. grew revenue faster over the last twelve months: 7.58% against −6.49%. Star Group, L.P. has the higher net margin (3.96% vs −23.8%) and the higher return on invested capital (16.0% vs 8.58%). Only Star Group, L.P. pays a dividend (5.88%). Across the 22 metrics below, Star Group, L.P. leads on 14 and Cosan S.A. Sponsored ADR on 8.

Valuation

Metric CSANY SGU Oil & Gas Refining & Marketing median
P/E n/m 6.96 16.35
P/S 0.53 0.22 0.44
P/B 0.69 1.10 2.05
Price to free cash flow 4.06 6.84 9.98
EV/EBITDA 4.66 3.33 8.04
EV/Sales 1.68 0.30 0.59
Earnings yield (62.03%) 14.36% 5.71%
Free cash flow yield 24.66% 14.61% 9.13%

Profitability

Metric CSANY SGU Oil & Gas Refining & Marketing median
Gross margin 33.59% 31.79% 12.22%
Operating margin 26.27% 7.14% 5.35%
Net margin (23.78%) 3.96% 2.08%
Free cash flow margin 13.06% 3.27% 4.25%
Return on equity (30.16%) 20.83% 11.39%
Return on assets (7.57%) 7.67% 5.22%
Return on invested capital 8.58% 15.95% 11.54%

Growth

Metric CSANY SGU Oil & Gas Refining & Marketing median
Revenue growth (TTM) (6.49%) 7.58% 13.37%
EPS growth (last fiscal year) 24.95% 102.22% 31.15%
Revenue growth, 5-year CAGR 12.79% 3.99% 12.77%
Net income growth, 5-year CAGR 0.00% 5.09% 0.00%

Health

Metric CSANY SGU Oil & Gas Refining & Marketing median
Debt to equity 2.25 0.44 0.44
Current ratio 1.87 0.87 1.32
Net debt to EBITDA 2.88 1.08 2.07

Dividend

Metric CSANY SGU Oil & Gas Refining & Marketing median
Dividend yield 0.00% 5.88% 1.71%
Payout ratio — 0.41 0.35

Size

Metric CSANY SGU Oil & Gas Refining & Marketing median
Market cap 2.71b 426.87m 4.71b

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