WallStSmart

Phillips 66 (PSX)vsUltrapar Participacoes SA ADR (UGP)

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Smart Verdict

WallStSmart Research — data-driven comparison

Ultrapar Participacoes SA ADR generates 6% more annual revenue ($142.37B vs $134.49B). PSX leads profitability with a 3.1% profit margin vs 1.7%. UGP appears more attractively valued with a PEG of 0.78. PSX earns a higher WallStSmart Score of 54/100 (C-).

PSX

Buy

54

out of 100

Grade: C-

Growth: 3.3Profit: 5.0Value: 7.3Quality: 6.5
Piotroski: 5/9Altman Z: 3.20

UGP

Buy

53

out of 100

Grade: C-

Growth: 3.3Profit: 5.5Value: 7.0Quality: 6.3
Piotroski: 3/9Altman Z: 4.76
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PSXUndervalued (+26.2%)

Margin of Safety

+26.2%

Fair Value

$218.92

Current Price

$176.19

$42.73 discount

UndervaluedFair: $218.92Overvalued

Intrinsic value data unavailable for UGP.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PSX4 strengths · Avg: 8.8/10
Altman Z-ScoreHealth
3.2010/10

Safe zone — low bankruptcy risk

Market CapQuality
$71.55B9/10

Large-cap with strong market position

P/E RatioValuation
17.4x8/10

Attractively priced relative to earnings

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

UGP5 strengths · Avg: 8.4/10
Altman Z-ScoreHealth
4.7610/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.788/10

Growing faster than its price suggests

P/E RatioValuation
12.3x8/10

Attractively priced relative to earnings

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$1.06B8/10

Generating 1.1B in free cash flow

Areas to Watch

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

UGP4 concerns · Avg: 2.8/10
Profit MarginProfitability
1.7%3/10

1.7% margin — thin

Operating MarginProfitability
3.1%3/10

Operating margin of 3.1%

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-59.5%2/10

Earnings declined 59.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : PSX

The strongest argument for PSX centers on Altman Z-Score, Market Cap, P/E Ratio. PEG of 1.06 suggests the stock is reasonably priced for its growth.

Bull Case : UGP

The strongest argument for UGP centers on Altman Z-Score, PEG Ratio, P/E Ratio. PEG of 0.78 suggests the stock is reasonably priced for its growth.

Bear Case : PSX

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

Bear Case : UGP

The primary concerns for UGP are Profit Margin, Operating Margin, Piotroski F-Score. Thin 1.7% margins leave little buffer for downturns.

Key Dynamics to Monitor

PSX carries more volatility with a beta of 0.69 — expect wider price swings.

UGP is growing revenue faster at 7.2% — sustainability is the question.

UGP generates stronger free cash flow (1.1B), providing more financial flexibility.

Monitor OIL & GAS REFINING & MARKETING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

PSX scores higher overall (54/100 vs 53/100). 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.

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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Ultrapar Participacoes SA ADR

ENERGY · OIL & GAS REFINING & MARKETING · USA

Ultrapar Participaes SA is engaged in the gas distribution, fuel distribution, chemical products, storage and pharmacy businesses mainly in Brazil, Mexico, Uruguay, Venezuela, other Latin American countries, the United States, Canada, the Far East, Europe and internationally. The company is headquartered in So Paulo, Brazil.

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