NasdaqGS:CASY

Stock Analysis Report

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Market Cap

US$7.5b

Last Updated

2021/06/18 04:19 UTC

Data Sources

Company Financials +

Executive Summary

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey’s General Store names. More Details


Snowflake Analysis

Proven track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Casey's General Stores's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CASY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CASY's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-2.8%

CASY

-1.5%

US Consumer Retailing

-0.2%

US Market


1 Year Return

29.5%

CASY

22.7%

US Consumer Retailing

39.4%

US Market

Return vs Industry: CASY exceeded the US Consumer Retailing industry which returned 23% over the past year.

Return vs Market: CASY underperformed the US Market which returned 39.7% over the past year.


Shareholder returns

CASYIndustryMarket
7 Day-2.8%-1.5%-0.2%
30 Day-8.0%-2.2%3.1%
90 Day-3.0%6.0%5.6%
1 Year30.5%29.5%25.4%22.7%41.7%39.4%
3 Year93.5%88.8%57.4%48.2%59.7%49.9%
5 Year71.3%64.3%82.5%63.7%122.6%97.6%

Long-Term Price Volatility Vs. Market

How volatile is Casey's General Stores's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Casey's General Stores undervalued compared to its fair value and its price relative to the market?

39.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CASY ($204.88) is trading below our estimate of fair value ($331.8)

Significantly Below Fair Value: CASY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CASY is poor value based on its PE Ratio (24.3x) compared to the US Consumer Retailing industry average (15.4x).

PE vs Market: CASY is poor value based on its PE Ratio (24.3x) compared to the US market (19.6x).


Price to Earnings Growth Ratio

PEG Ratio: CASY is poor value based on its PEG Ratio (5.3x)


Price to Book Ratio

PB vs Industry: CASY is overvalued based on its PB Ratio (3.9x) compared to the US Consumer Retailing industry average (2.7x).


Future Growth

How is Casey's General Stores forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

4.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CASY's forecast earnings growth (4.6% per year) is above the savings rate (2%).

Earnings vs Market: CASY's earnings (4.6% per year) are forecast to grow slower than the US market (15.6% per year).

High Growth Earnings: CASY's earnings are forecast to grow, but not significantly.

Revenue vs Market: CASY's revenue (10.1% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: CASY's revenue (10.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CASY's Return on Equity is forecast to be low in 3 years time (14.1%).


Past Performance

How has Casey's General Stores performed over the past 5 years?

8.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CASY has high quality earnings.

Growing Profit Margin: CASY's current net profit margins (3.6%) are higher than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: CASY's earnings have grown by 8% per year over the past 5 years.

Accelerating Growth: CASY's earnings growth over the past year (18.6%) exceeds its 5-year average (8% per year).

Earnings vs Industry: CASY earnings growth over the past year (18.6%) underperformed the Consumer Retailing industry 47.1%.


Return on Equity

High ROE: CASY's Return on Equity (16.2%) is considered low.


Financial Health

How is Casey's General Stores's financial position?


Financial Position Analysis

Short Term Liabilities: CASY's short term assets ($723.6M) exceed its short term liabilities ($612.7M).

Long Term Liabilities: CASY's short term assets ($723.6M) do not cover its long term liabilities ($1.9B).


Debt to Equity History and Analysis

Debt Level: CASY's debt to equity ratio (69.8%) is considered high.

Reducing Debt: CASY's debt to equity ratio has reduced from 75.9% to 69.8% over the past 5 years.

Debt Coverage: CASY's debt is well covered by operating cash flow (59.6%).

Interest Coverage: CASY's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


Dividend

What is Casey's General Stores's current dividend yield, its reliability and sustainability?

0.67%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 18 2021Ex Dividend DateJul 30 2021Dividend Pay DateAug 16 202117 days from Ex DividendBuy in the next 42 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CASY's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.27%).

High Dividend: CASY's dividend (0.66%) is low compared to the top 25% of dividend payers in the US market (3.36%).


Stability and Growth of Payments

Stable Dividend: CASY is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: CASY is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: CASY is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CASY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Darren Rebelez (54 yo)

2yrs

Tenure

US$12,031,022

Compensation

Mr. Darren M. Rebelez has been the Chief Executive Officer and President at Casey's General Stores, Inc. since June 24, 2019 and its Director since June 24, 2019. Mr. Rebelez served as the President of Int...


CEO Compensation Analysis

Compensation vs Market: Darren's total compensation ($USD12.03M) is above average for companies of similar size in the US market ($USD6.58M).

Compensation vs Earnings: Insufficient data to compare Darren's compensation with company performance.


Leadership Team

Experienced Management: CASY's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: CASY's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Casey's General Stores, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Casey's General Stores, Inc.
  • Ticker: CASY
  • Exchange: NasdaqGS
  • Founded: 1959
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: US$7.453b
  • Shares outstanding: 36.95m
  • Website: https://www.caseys.com

Number of Employees


Location

  • Casey's General Stores, Inc.
  • One SE Convenience Boulevard
  • Ankeny
  • Iowa
  • 50021
  • United States

Listings


Biography

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey’s General Store names. The company’s stores offer a selection of food, including freshl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 04:19
End of Day Share Price2021/06/17 00:00
Earnings2021/04/30
Annual Earnings2021/04/30


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.