WallStSmart

Icahn Enterprises LP (IEP)vsPhillips 66 (PSX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Phillips 66 generates 1275% more annual revenue ($134.49B vs $9.78B). PSX leads profitability with a 3.1% profit margin vs -3.4%. PSX appears more attractively valued with a PEG of 0.98. PSX earns a higher WallStSmart Score of 56/100 (C).

IEP

Buy

54

out of 100

Grade: C-

Growth: 6.7Profit: 2.5Value: 7.0Quality: 5.8
Piotroski: 5/9

PSX

Buy

56

out of 100

Grade: C

Growth: 3.3Profit: 5.0Value: 6.0Quality: 6.5
Piotroski: 5/9Altman Z: 3.20
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IEPUndervalued (+38.3%)

Margin of Safety

+38.3%

Fair Value

$13.33

Current Price

$7.41

$5.92 discount

UndervaluedFair: $13.33Overvalued
PSXSignificantly Overvalued (-56.3%)

Margin of Safety

-56.3%

Fair Value

$110.02

Current Price

$184.13

$74.11 premium

UndervaluedFair: $110.02Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IEP3 strengths · Avg: 8.7/10
EPS GrowthGrowth
960.0%10/10

Earnings expanding 960.0% YoY

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
19.8%8/10

19.8% revenue growth

PSX5 strengths · Avg: 8.6/10
Altman Z-ScoreHealth
3.2010/10

Safe zone — low bankruptcy risk

Market CapQuality
$69.47B9/10

Large-cap with strong market position

PEG RatioValuation
0.988/10

Growing faster than its price suggests

P/E RatioValuation
17.1x8/10

Attractively priced relative to earnings

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Areas to Watch

IEP4 concerns · Avg: 1.3/10
Return on EquityProfitability
-16.6%2/10

ROE of -16.6% — below average capital efficiency

Profit MarginProfitability
-3.4%1/10

Currently unprofitable

Operating MarginProfitability
-20.2%1/10

Operating margin of -20.2%

Debt/EquityHealth
3.281/10

Elevated debt levels

PSX4 concerns · Avg: 2.5/10
Profit MarginProfitability
3.1%3/10

3.1% margin — thin

Operating MarginProfitability
0.6%3/10

Operating margin of 0.6%

EPS GrowthGrowth
-56.8%2/10

Earnings declined 56.8%

Free Cash FlowQuality
$-2.85B2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : IEP

The strongest argument for IEP centers on EPS Growth, Price/Book, Revenue Growth. Revenue growth of 19.8% demonstrates continued momentum. PEG of 1.15 suggests the stock is reasonably priced for its growth.

Bull Case : PSX

The strongest argument for PSX centers on Altman Z-Score, Market Cap, PEG Ratio. PEG of 0.98 suggests the stock is reasonably priced for its growth.

Bear Case : IEP

The primary concerns for IEP are Return on Equity, Profit Margin, Operating Margin. Debt-to-equity of 3.28 is elevated, increasing financial risk.

Bear Case : PSX

The primary concerns for PSX are Profit Margin, Operating Margin, EPS Growth. Thin 3.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

IEP profiles as a growth stock while PSX is a value play — different risk/reward profiles.

IEP carries more volatility with a beta of 0.75 — expect wider price swings.

IEP is growing revenue faster at 19.8% — sustainability is the question.

IEP generates stronger free cash flow (283M), providing more financial flexibility.

Bottom Line

PSX scores higher overall (56/100 vs 54/100). IEP offers better value entry with a 38.3% margin of safety. Both earn "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.

Icahn Enterprises LP

ENERGY · OIL & GAS REFINING & MARKETING · USA

Icahn Enterprises LP, operates in investment, energy, automotive, food packaging, metals, real estate, home fashion and pharmaceutical businesses in the United States and internationally. The company is headquartered in Sunny Isles Beach, Florida.

Phillips 66

ENERGY · OIL & GAS REFINING & MARKETING · USA

The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas.

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