WallStSmart

Atmos Energy Corporation (ATO)vsSuburban Propane Partners LP (SPH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Atmos Energy Corporation generates 241% more annual revenue ($4.87B vs $1.43B). ATO leads profitability with a 25.7% profit margin vs 9.3%. SPH appears more attractively valued with a PEG of 1.21. SPH earns a higher WallStSmart Score of 65/100 (B-).

ATO

Buy

64

out of 100

Grade: C+

Growth: 5.3Profit: 8.0Value: 8.0Quality: 4.3
Piotroski: 2/9Altman Z: 1.10

SPH

Strong Buy

65

out of 100

Grade: B-

Growth: 4.7Profit: 7.0Value: 10.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ATOOvervalued (-5.2%)

Margin of Safety

-5.2%

Fair Value

$167.29

Current Price

$181.55

$14.26 premium

UndervaluedFair: $167.29Overvalued
SPHUndervalued (+78.7%)

Margin of Safety

+78.7%

Fair Value

$94.07

Current Price

$20.25

$73.82 discount

UndervaluedFair: $94.07Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ATO3 strengths · Avg: 9.0/10
Operating MarginProfitability
38.9%10/10

Strong operational efficiency at 38.9%

Profit MarginProfitability
25.7%9/10

Keeps 26 of every $100 in revenue as profit

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

SPH4 strengths · Avg: 9.3/10
P/E RatioValuation
10.1x10/10

Attractively priced relative to earnings

EPS GrowthGrowth
130.0%10/10

Earnings expanding 130.0% YoY

Return on EquityProfitability
22.7%9/10

Every $100 of equity generates 23 in profit

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Areas to Watch

ATO4 concerns · Avg: 2.8/10
PEG RatioValuation
2.164/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Free Cash FlowQuality
$-725.29M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
1.102/10

Distress zone — elevated risk

SPH3 concerns · Avg: 2.3/10
Market CapQuality
$1.34B3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-80.0%2/10

Revenue declined 80.0%

Free Cash FlowQuality
$-67.47M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : ATO

The strongest argument for ATO centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 25.7% and operating margin at 38.9%. Revenue growth of 14.2% demonstrates continued momentum.

Bull Case : SPH

The strongest argument for SPH centers on P/E Ratio, EPS Growth, Return on Equity. PEG of 1.21 suggests the stock is reasonably priced for its growth.

Bear Case : ATO

The primary concerns for ATO are PEG Ratio, Piotroski F-Score, Free Cash Flow.

Bear Case : SPH

The primary concerns for SPH are Market Cap, Revenue Growth, Free Cash Flow.

Key Dynamics to Monitor

ATO profiles as a mature stock while SPH is a value play — different risk/reward profiles.

ATO carries more volatility with a beta of 0.70 — expect wider price swings.

ATO is growing revenue faster at 14.2% — sustainability is the question.

SPH generates stronger free cash flow (-67M), providing more financial flexibility.

Bottom Line

SPH scores higher overall (65/100 vs 64/100). Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Atmos Energy Corporation

UTILITIES · UTILITIES - REGULATED GAS · USA

Atmos Energy Corporation, headquartered in Dallas, Texas, is one of the United States' largest natural-gas-only distributors.

Suburban Propane Partners LP

UTILITIES · UTILITIES - REGULATED GAS · USA

Suburban Propane Partners, LP, is engaged in the marketing and retail distribution of propane, fuel oil, and refined fuels. The company is headquartered in Whippany, New Jersey.

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