Cosan S.A. Sponsored ADR (CSANY) vs Ultrapar Participacoes S.A. (UGP)

Cosan S.A. Sponsored ADR and Ultrapar Participacoes S.A. are both Oil & Gas Refining & Marketing companies. Ultrapar Participacoes S.A. is the larger, with a market value of $8.2B against $2.7B — 3.0× the size. Cosan S.A. Sponsored ADR has negative trailing earnings, so its P/E is not meaningful; Ultrapar Participacoes S.A. trades at 12.4×. Ultrapar Participacoes S.A. grew revenue faster over the last twelve months: 20.2% against −6.49%. Ultrapar Participacoes S.A. has the higher net margin (2.29% vs −23.8%) and the higher return on invested capital (15.3% vs 8.58%). Only Ultrapar Participacoes S.A. pays a dividend (4.82%). Across the 22 metrics below, Ultrapar Participacoes S.A. leads on 12 and Cosan S.A. Sponsored ADR on 10.

Valuation

Metric CSANY UGP Oil & Gas Refining & Marketing median
P/E n/m 12.38 16.35
P/S 0.53 0.29 0.44
P/B 0.69 2.11 2.05
Price to free cash flow 4.06 5.69 9.98
EV/EBITDA 4.66 5.48 8.04
EV/Sales 1.68 0.35 0.59
Earnings yield (62.03%) 8.08% 5.71%
Free cash flow yield 24.66% 17.58% 9.13%

Profitability

Metric CSANY UGP Oil & Gas Refining & Marketing median
Gross margin 33.59% 8.44% 12.22%
Operating margin 26.27% 4.95% 5.35%
Net margin (23.78%) 2.29% 2.08%
Free cash flow margin 13.06% 5.52% 4.25%
Return on equity (30.16%) 18.40% 11.39%
Return on assets (7.57%) 7.25% 5.22%
Return on invested capital 8.58% 15.25% 11.54%

Growth

Metric CSANY UGP Oil & Gas Refining & Marketing median
Revenue growth (TTM) (6.49%) 20.23% 13.37%
EPS growth (last fiscal year) 24.95% (25.64%) 31.15%
Revenue growth, 5-year CAGR 12.79% 10.10% 12.77%
Net income growth, 5-year CAGR 0.00% 20.45% 0.00%

Health

Metric CSANY UGP Oil & Gas Refining & Marketing median
Debt to equity 2.25 0.96 0.44
Current ratio 1.87 1.64 1.32
Net debt to EBITDA 2.88 2.02 2.07

Dividend

Metric CSANY UGP Oil & Gas Refining & Marketing median
Dividend yield 0.00% 4.82% 1.71%
Payout ratio — 0.62 0.35

Size

Metric CSANY UGP Oil & Gas Refining & Marketing median
Market cap 2.71b 8.18b 4.71b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack