Stock AnalizUltrapar Holdings Inc. UGP
Oil/Gas Transmission · data as of November 13, 2026
Ultrapar Holdings Inc. (UGP) is a utility company listed in the US with a market value of about $6.5B. In the twelve months to September 30, 2026 it had revenue of $28.4B and net income of $948M, a net margin of 3.3%.
Its overall Stock Analiz score is 2.8 out of 5 (average). The strongest part is value (5/5); the weakest is future growth (1/5).
Key numbers: a P/E of 6.6, a price to free cash flow of 5.6, 5-year revenue growth of 1% a year, a 5-year average ROIC of 6%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 39% above the current price.
Score: 2.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
Checks not passed
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- ROE above 15%
- More cash than debt, or low debt to equity
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.4B | $25.2B | $21.6B | $26.0B | $27.2B | $19.7B | $14.3B | $20.6B | $23.4B | $23.9B | $23.6B |
| Net income | $948M | $434M | $382M | $503M | $341M | $153M | $172M | $93M | $296M | $461M | $473M |
| Free cash flow | $1.1B | $609M | — | $585M | $203M | $280M | $460M | $548M | $441M | $132M | $293M |
| EPS (diluted) | $0.88 | $0.40 | $0.34 | $0.45 | $0.31 | $0.14 | $0.15 | $0.08 | $0.27 | $0.41 | $0.42 |
| Net margin | 3.3% | 1.7% | 1.8% | 1.9% | 1.2% | 0.8% | 1.2% | 0.4% | 1.3% | 1.9% | 2.0% |
| ROIC | — | — | 8.6% | 10.0% | 6.6% | 3.1% | 2.4% | 3.8% | 5.7% | 0.5% | 1.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is Ultrapar’s P/E ratio?
About 6.6, based on the last twelve months of diluted earnings per share (forward P/E about 9.9).
Is Ultrapar stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 39% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Ultrapar pay a dividend?
Yes. The dividend yield is about 6.46%, and it has paid dividends for 10 years in our data.
Is Ultrapar a good stock to buy?
We do not give buy or sell advice. Ultrapar scores 2.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.