HF Sinclair Corporation (DINO) vs Ultrapar Participacoes S.A. (UGP)

HF Sinclair Corporation and Ultrapar Participacoes S.A. are both Oil & Gas Refining & Marketing companies. HF Sinclair Corporation is the larger, with a market value of $16.8B against $6.0B — 2.8× the size. HF Sinclair Corporation trades at the lower P/E: 5.0× against 8.8×. HF Sinclair Corporation grew revenue faster over the last twelve months: 29.5% against 20.2%. HF Sinclair Corporation has the higher net margin (10.1% vs 2.29%) and the higher return on invested capital (26.1% vs 15.3%). Both pay a dividend; Ultrapar Participacoes S.A. yields more (6.75% vs 2.06%). Across the 23 metrics below, HF Sinclair Corporation leads on 17 and Ultrapar Participacoes S.A. on 6.

Valuation

Metric DINO UGP Oil & Gas Refining & Marketing median
P/E 5.00 8.84 8.38
P/S 0.50 0.21 0.33
P/B 1.47 1.50 1.70
Price to free cash flow 5.42 4.06 5.86
EV/EBITDA 3.03 4.21 4.96
EV/Sales 0.49 0.27 0.46
Earnings yield 20.00% 11.31% 9.67%
Free cash flow yield 18.46% 24.61% 15.55%

Profitability

Metric DINO UGP Oil & Gas Refining & Marketing median
Gross margin 24.57% 8.44% 10.93%
Operating margin 13.48% 4.95% 7.14%
Net margin 10.05% 2.29% 2.70%
Free cash flow margin 9.19% 5.52% 6.17%
Return on equity 32.92% 18.40% 21.95%
Return on assets 18.45% 7.25% 5.76%
Return on invested capital 26.14% 15.25% 13.74%

Growth

Metric DINO UGP Oil & Gas Refining & Marketing median
Revenue growth (TTM) 29.47% 20.23% 26.02%
EPS growth (last fiscal year) 238.46% 2.90% 37.92%
Revenue growth, 5-year CAGR 19.16% 10.10% 13.17%
Net income growth, 5-year CAGR 0.00% 20.45% 0.00%

Health

Metric DINO UGP Oil & Gas Refining & Marketing median
Debt to equity 0.24 0.96 0.41
Current ratio 2.27 1.64 1.31
Net debt to EBITDA 0.98 2.02 2.07

Dividend

Metric DINO UGP Oil & Gas Refining & Marketing median
Dividend yield 2.06% 6.75% 2.20%
Payout ratio 0.10 0.62 0.25

Size

Metric DINO UGP Oil & Gas Refining & Marketing median
Market cap 16.75b 5.95b 3.91b

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