Loading...

UGI

DB:3U6
Snowflake Description

Established dividend payer with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3U6
DB
$9B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The last earnings update was 71 days ago. More info.


Add to Portfolio Compare Print
3U6 Share Price and Events
7 Day Returns
-0.8%
DB:3U6
-2.1%
Europe Gas Utilities
2.4%
DE Market
1 Year Returns
25.4%
DB:3U6
10.9%
Europe Gas Utilities
-6.2%
DE Market
3U6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
UGI (3U6) -0.8% -3.7% -4.4% 25.4% 33.2% 108.9%
Europe Gas Utilities -2.1% 0.2% 4.1% 10.9% 37.4% 28%
DE Market 2.4% 3% 7.4% -6.2% 9.6% 14.1%
1 Year Return vs Industry and Market
  • 3U6 outperformed the Gas Utilities industry which returned 10.9% over the past year.
  • 3U6 outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
3U6
Industry
5yr Volatility vs Market

Value

 Is UGI undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of UGI to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for UGI.

DB:3U6 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:3U6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Gas Utilities Unlevered Beta Simply Wall St/ S&P Global 0.37
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.37 (1 + (1- 21%) (53.01%))
0.682
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:3U6 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for UGI is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:3U6 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5%)
2019 445.60 Analyst x1 424.40
2020 667.70 Analyst x1 605.67
2021 723.40 Analyst x1 624.97
2022 763.70 Analyst x1 628.39
2023 721.50 Analyst x1 565.42
2024 693.27 Est @ -3.91% 517.45
2025 674.76 Est @ -2.67% 479.67
2026 662.61 Est @ -1.8% 448.62
2027 654.71 Est @ -1.19% 422.18
2028 649.70 Est @ -0.77% 399.01
Present value of next 10 years cash flows $5,115.78
DB:3U6 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $649.70 × (1 + 0.23%) ÷ (5% – 0.23%)
$13,657.29
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $13,657.29 ÷ (1 + 5%)10
$8,387.58
DB:3U6 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $5,115.78 + $8,387.58
$13,503.36
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $13,503.36 / 174.10
$77.56
DB:3U6 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:3U6 represents 0.88135x of NYSE:UGI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88135x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 77.56 x 0.88135
€68.36
Value per share (EUR) From above. €68.36
Current discount Discount to share price of €46.28
= -1 x (€46.28 - €68.36) / €68.36
32.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price UGI is available for.
Intrinsic value
32%
Share price is €46.28 vs Future cash flow value of €68.36
Current Discount Checks
For UGI to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • UGI's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • UGI's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for UGI's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are UGI's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:3U6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $2.40
NYSE:UGI Share Price ** NYSE (2019-04-18) in USD $52.51
Europe Gas Utilities Industry PE Ratio Median Figure of 8 Publicly-Listed Gas Utilities Companies 17.84x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.67x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of UGI.

DB:3U6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:UGI Share Price ÷ EPS (both in USD)

= 52.51 ÷ 2.40

21.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UGI is overvalued based on earnings compared to the Europe Gas Utilities industry average.
  • UGI is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does UGI's expected growth come at a high price?
Raw Data
DB:3U6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
22.6%per year
Global Gas Utilities Industry PEG Ratio Median Figure of 29 Publicly-Listed Gas Utilities Companies 2.44x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

DB:3U6 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 21.92x ÷ 22.6%

0.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UGI is good value based on expected growth next year.
Price based on value of assets
What value do investors place on UGI's assets?
Raw Data
DB:3U6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $21.11
NYSE:UGI Share Price * NYSE (2019-04-18) in USD $52.51
Europe Gas Utilities Industry PB Ratio Median Figure of 9 Publicly-Listed Gas Utilities Companies 1.81x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.85x
DB:3U6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:UGI Share Price ÷ Book Value per Share (both in USD)

= 52.51 ÷ 21.11

2.49x

* Primary Listing of UGI.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UGI is overvalued based on assets compared to the Europe Gas Utilities industry average.
X
Value checks
We assess UGI's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Gas Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Gas Utilities industry average (and greater than 0)? (1 check)
  5. UGI has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is UGI expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is UGI expected to grow at an attractive rate?
  • UGI's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • UGI's earnings growth is expected to exceed the Germany market average.
  • UGI's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:3U6 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:3U6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 22.6%
DB:3U6 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 1%
Europe Gas Utilities Industry Earnings Growth Rate Market Cap Weighted Average 40%
Europe Gas Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:3U6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:3U6 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30 8,125 1,477 1
2022-09-30 7,912 1,433 1
2021-09-30 8,242 1,396 689 2
2020-09-30 8,229 1,324 645 3
2019-09-30 7,793 1,134 373 3
DB:3U6 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 7,726 1,151 417
2018-09-30 7,651 1,085 719
2018-06-30 7,492 1,045 699
2018-03-31 7,205 959 628
2017-12-31 6,566 869 572
2017-09-30 6,121 964 437
2017-06-30 5,983 953 388
2017-03-31 5,960 936 468
2016-12-31 5,759 969 481
2016-09-30 5,686 970 365
2016-06-30 5,792 1,059 399
2016-03-31 5,810 1,124 348

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • UGI's earnings are expected to grow significantly at over 20% yearly.
  • UGI's revenue is expected to grow by 1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:3U6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from UGI Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3U6 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 3.24 3.24 3.24 1.00
2020-09-30 3.09 3.16 3.03 2.00
2019-09-30 1.94 2.10 1.77 2.00
DB:3U6 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 2.40
2018-09-30 4.13
2018-06-30 4.02
2018-03-31 3.62
2017-12-31 3.29
2017-09-30 2.51
2017-06-30 2.23
2017-03-31 2.69
2016-12-31 2.77
2016-09-30 2.11
2016-06-30 2.31
2016-03-31 2.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • UGI is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess UGI's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
UGI has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has UGI performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare UGI's growth in the last year to its industry (Gas Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • UGI's year on year earnings growth rate has been positive over the past 5 years.
  • UGI's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • UGI's 1-year earnings growth is negative, it can't be compared to the Europe Gas Utilities industry average.
Earnings and Revenue History
UGI's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from UGI Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3U6 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 7,726.20 417.00 1,994.00
2018-09-30 7,651.20 718.70 1,977.90
2018-06-30 7,492.00 699.30 1,964.50
2018-03-31 7,204.60 627.90 1,916.00
2017-12-31 6,566.40 571.80 1,855.50
2017-09-30 6,120.70 436.60 1,828.80
2017-06-30 5,983.00 387.80 1,828.70
2017-03-31 5,960.30 467.50 1,830.70
2016-12-31 5,758.60 480.80 1,818.70
2016-09-30 5,685.70 364.70 1,834.00
2016-06-30 5,792.30 399.30 1,820.60
2016-03-31 5,809.60 348.20 1,794.50
2015-12-31 6,293.10 361.50 1,781.20
2015-09-30 6,691.10 281.00 1,751.30
2015-06-30 6,919.70 270.40 1,712.50
2015-03-31 7,258.30 281.40 1,713.60
2014-12-31 7,966.00 249.30 1,746.50
2014-09-30 8,277.30 337.20 1,746.10
2014-06-30 8,224.90 342.80 1,725.70
2014-03-31 8,112.50 331.30 1,707.50
2013-12-31 7,491.90 297.60 1,671.60
2013-09-30 7,194.70 278.10 1,665.50
2013-06-30 7,063.50 288.40 1,654.40
2013-03-31 6,966.40 273.00 1,641.60
2012-12-31 6,851.20 225.70 1,620.60
2012-09-30 6,521.30 210.20 1,537.90
2012-06-30 6,432.80 191.70 1,458.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • UGI has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • UGI used its assets more efficiently than the Europe Gas Utilities industry average last year based on Return on Assets.
  • UGI's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess UGI's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Gas Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
UGI has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is UGI's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up UGI's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • UGI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • UGI's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of UGI's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from UGI Company Filings, last reported 3 months ago.

DB:3U6 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,046.60 4,846.50 477.60
2018-09-30 4,100.00 4,590.20 452.60
2018-06-30 4,227.80 4,474.10 506.70
2018-03-31 4,421.00 4,581.60 474.80
2017-12-31 4,082.10 4,866.60 446.40
2017-09-30 3,740.90 4,539.00 558.40
2017-06-30 3,841.10 4,297.60 604.30
2017-03-31 3,937.40 4,246.10 637.80
2016-12-31 3,733.10 4,277.10 515.20
2016-09-30 3,595.00 4,087.20 502.80
2016-06-30 3,836.70 4,300.90 909.20
2016-03-31 3,925.00 3,902.10 466.20
2015-12-31 3,592.50 4,066.10 403.00
2015-09-30 3,572.40 3,857.30 369.70
2015-06-30 3,735.60 3,781.60 385.90
2015-03-31 3,883.70 3,518.60 445.50
2014-12-31 3,554.70 3,946.80 410.10
2014-09-30 3,663.20 3,721.60 419.50
2014-06-30 3,880.80 3,652.70 438.40
2014-03-31 4,002.10 3,873.70 493.60
2013-12-31 3,718.70 4,037.80 418.10
2013-09-30 3,547.90 3,868.30 389.30
2013-06-30 3,630.10 3,676.60 409.90
2013-03-31 3,717.30 3,741.10 450.50
2012-12-31 3,445.50 3,927.80 352.30
2012-09-30 3,315.40 3,751.30 319.90
2012-06-30 3,436.80 3,748.50 436.50
  • UGI's level of debt (119.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (108.4% vs 119.8% today).
  • Debt is well covered by operating cash flow (23.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.1x coverage).
X
Financial health checks
We assess UGI's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. UGI has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is UGI's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.98%
Current annual income from UGI dividends. Estimated to be 2.49% next year.
If you bought €2,000 of UGI shares you are expected to receive €40 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • UGI's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • UGI's dividend is below the markets top 25% of dividend payers in Germany (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:3U6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Gas Utilities Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:3U6 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-09-30 1.49 1.00
2022-09-30 1.43 1.00
2021-09-30 1.39 2.00
2020-09-30 1.32 3.00
2019-09-30 1.14 3.00
DB:3U6 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-30 1.040 1.918
2018-11-16 1.040 1.870
2018-07-24 1.040 1.907
2018-04-24 1.040 2.066
2018-01-25 1.000 2.256
2017-11-29 1.000 2.102
2017-07-25 1.000 2.073
2017-04-25 1.000 2.018
2017-01-24 0.950 1.966
2016-11-18 0.950 2.087
2016-07-26 0.950 2.102
2016-04-28 0.950 2.188
2016-01-28 0.910 2.378
2015-11-20 0.910 2.725
2015-07-28 0.910 2.597
2015-04-28 0.910 2.546
2015-01-29 0.870 2.546
2014-11-21 0.870 2.313
2014-07-29 0.870 2.482
2014-04-29 0.787 2.415
2014-01-30 0.753 2.539
2013-11-22 0.753 2.761
2013-07-30 0.753 2.813
2013-04-30 0.753 2.840
2013-01-24 0.720 2.900
2012-11-16 0.720 3.273
2012-07-31 0.720 3.453
2012-04-24 0.720 3.688
2012-01-19 0.693 3.780
2011-11-18 0.693 3.638
2011-11-08 0.693 3.570
2011-07-26 0.693 3.702
2011-04-28 0.693 3.266
2011-01-20 0.667 3.113
2010-11-19 0.667 3.169
2010-07-27 0.667 3.505
2010-04-27 0.667 3.779
2010-01-26 0.533 3.113
2009-11-20 0.533 3.295
2009-07-28 0.533 3.162
2009-04-29 0.533 3.250
2009-04-20 0.513 3.374

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of UGI's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess UGI's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can UGI afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. UGI has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of UGI's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Walsh
COMPENSATION $7,446,659
AGE 63
TENURE AS CEO 6 years
CEO Bio

Mr. John Lawrence Walsh Jr. is a Director and President of UGI Corporation since 2005 and has been its and Chief Executive Officer since 2013. Mr. Walsh serves as Executive Chairman at AmeriGas Propane, L.P. He has been Director and Chairman of the Board of AmeriGas Propane, Inc. since 2016 and served as a Director and Vice Chairman since 2005. He has been Vice Chairman of UGI Utilities, Inc. since 2005. Mr. Walsh served as Chief Operating Officer of UGI Corporation from 2005 to 2013 and served as its President and Chief Executive Officer of UGI Utilities, Inc. from 2009 to 2011. Mr. Walsh was the Chief Executive of the Industrial and Special Products Division of the BOC Group plc (an industrial gases company), since 2001. He was an Executive Director of BOC from 2001 to 2005, having joined BOC in 1986 as Vice President – Special Gases and having held various senior management positions in BOC, including President of Process Gas Solutions, North America from 2000 to 2001 and President of BOC Process Plants from 1996 to 2000. Mr. Walsh also serves as Director at Main Line Health, Inc., the United Way of Southeastern Pennsylvania and Southern New Jersey, the World Affairs Council of Philadelphia, the Greater Philadelphia Chamber of Commerce, the Satell Institute and the Philadelphia Zoo, and as Trustee at the Saint Columbkille Partnership School.

CEO Compensation
  • John's compensation has been consistent with company performance over the past year.
  • John's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the UGI management team in years:

1.5
Average Tenure
55
Average Age
  • The average tenure for the UGI management team is less than 2 years, this suggests a new team.
Management Team

John Walsh

TITLE
President
COMPENSATION
$7M
AGE
63
TENURE
6 yrs

Ted Jastrzebski

TITLE
Chief Financial Officer
COMPENSATION
$4M
AGE
56
TENURE
0.9 yrs

Monica Gaudiosi

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
$2M
AGE
56
TENURE
7 yrs

Bob Beard

TITLE
Executive Vice President of Natural Gas
COMPENSATION
$1M
AGE
53
TENURE
0.5 yrs

Roger Perreault

TITLE
Executive Vice President of Global LPG
COMPENSATION
$2M
AGE
54
TENURE
0.5 yrs

Laurie Bergman

TITLE
VP, Chief Accounting Officer & Corporate Controller
AGE
40
TENURE
0.2 yrs

Brendan Heck

TITLE
Manager of Investor Relations

Erika Spott

TITLE
Vice President of Human Resources & Global Leadership Development

G. Garcia

TITLE
Treasurer
TENURE
2.6 yrs

Joe Hartz

TITLE
President of UGI Energy Services
AGE
55
TENURE
2.1 yrs
Board of Directors Tenure

Average tenure and age of the UGI board of directors in years:

5.6
Average Tenure
63.5
Average Age
  • The tenure for the UGI board of directors is about average.
Board of Directors

Marvin Schlanger

TITLE
Non-Executive Chairman
COMPENSATION
$767K
AGE
70
TENURE
3.3 yrs

John Walsh

TITLE
President
COMPENSATION
$7M
AGE
63
TENURE
14 yrs

Anne Pol

TITLE
Director
COMPENSATION
$300K
AGE
71
TENURE
19.3 yrs

M. Bort

TITLE
Director
COMPENSATION
$348K
AGE
56
TENURE
10.3 yrs

Frank Hermance

TITLE
Director
COMPENSATION
$326K
AGE
69
TENURE
7.6 yrs

Dick Gochnauer

TITLE
Director
COMPENSATION
$328K
AGE
69
TENURE
8.3 yrs

Jim Stallings

TITLE
Director
COMPENSATION
$308K
AGE
63
TENURE
3.6 yrs

Ted Dosch

TITLE
Director
COMPENSATION
$299K
AGE
59
TENURE
1.8 yrs

Alan Harris

TITLE
Director
COMPENSATION
$208K
AGE
64
TENURE
1.1 yrs

Kelly Romano

TITLE
Director
AGE
56
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
30. Nov 18 Sell M. Bort Individual 28. Nov 18 28. Nov 18 -9,184 €50.72 €-465,840
04. May 18 Buy Ann Kelly Individual 02. May 18 02. May 18 2 €40.23 €80
X
Management checks
We assess UGI's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. UGI has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.7 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems and propane-powered generators. The company also distributes liquefied petroleum gases (LPG) to residential, commercial, industrial, agricultural, wholesale and automobile fuel customers; and provides logistics, storage, and other services to third-party LPG distributors. In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 12,500 residential, commercial, and industrial customers at approximately 35,500 locations. Further, the company distributes natural gas to approximately 642,000 customers in the portions of 44 eastern and central Pennsylvania counties through its distribution system of 12,300 miles of gas mains; and supplies electricity to approximately 62,000 customers in northeastern Pennsylvania through 2,200 miles of lines and 13 substations. Additionally, it operates electric generation facilities, which include coal-fired, landfill gas-fueled, solar-powered, and natural gas-fueled facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. It also manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities; and offers heating, ventilation, air conditioning, refrigeration, mechanical, and electrical contracting services. UGI Corporation was founded in 1882 and is based in King of Prussia, Pennsylvania.

Details
Name: UGI Corporation
3U6
Exchange: DB
Founded: 1882
$8,129,215,562
174,103,366
Website: http://www.ugicorp.com
Address: UGI Corporation
460 North Gulph Road,
King of Prussia,
Pennsylvania, 19406,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE UGI Common Stock New York Stock Exchange US USD 02. Jan 1968
DB 3U6 Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
Number of employees
Current staff
Staff numbers
13,000
UGI employees.
Industry
Gas Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 21:13
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/05
Last earnings filing: 2019/02/07
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.