company background image
CASY

Casey's General StoresNasdaqGS:CASY Stock Report

Market Cap

US$7.2b

7D

-3.1%

1Y

4.5%

Updated

30 Nov, 2021

Data

Company Financials +
CASY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health2/6
Dividends4/6

CASY Stock Overview

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

Casey's General Stores Competitors

Exxon Mobil

NYSE:XOM

US$253.3b

Costco Wholesale

NasdaqGS:COST

US$238.3b

Royal Dutch Shell

ENXTAM:RDSA

€142.4b

Alimentation Couche-Tard

TSX:ATD.B

CA$50.5b

Price History & Performance

Summary of all time highs, changes and price drops for Casey's General Stores
Historical stock prices
Current Share PriceUS$194.29
52 Week HighUS$229.18
52 Week LowUS$172.58
Beta0.85
1 Month Change1.44%
3 Month Change-5.26%
1 Year Change4.46%
3 Year Change53.49%
5 Year Change57.86%
Change since IPO6,965.09%

Recent News & Updates

Dec 01
Casey's General Stores, Inc.'s (NASDAQ:CASY) Intrinsic Value Is Potentially 100% Above Its Share Price

Casey's General Stores, Inc.'s (NASDAQ:CASY) Intrinsic Value Is Potentially 100% Above Its Share Price

How far off is Casey's General Stores, Inc. ( NASDAQ:CASY ) from its intrinsic value? Using the most recent financial...

Nov 22

Casey's General Stores: Solid Execution, Still Aggressively Priced

Casey's General Stores has seen continued solid operating momentum this year after the pandemic provided a windfall to last year's profits. The long-term consolidating role of the company is to be applauded as the company continues to find bolt-on acquisition opportunities. I like the role which the company plays, yet current earnings multiples are quite demanding, likely driven by the favorable interest rate environment.

Nov 06
Is Casey's General Stores (NASDAQ:CASY) Using Too Much Debt?

Is Casey's General Stores (NASDAQ:CASY) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Sep 25
Casey's General Stores (NASDAQ:CASY) Is Increasing Its Dividend To US$0.35

Casey's General Stores (NASDAQ:CASY) Is Increasing Its Dividend To US$0.35

Casey's General Stores, Inc.'s ( NASDAQ:CASY ) dividend will be increasing to US$0.35 on 15th of November. Even though...

Shareholder Returns

CASYUS Consumer RetailingUS Market
7D-3.1%-3.3%-2.8%
1Y4.5%7.7%20.0%

Return vs Industry: CASY underperformed the US Consumer Retailing industry which returned 7.7% over the past year.

Return vs Market: CASY underperformed the US Market which returned 20% over the past year.

Price Volatility

Is CASY's price volatile compared to industry and market?
CASY volatility
CASY Average Weekly Movement3.2%
Consumer Retailing Industry Average Movement5.4%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

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.

About the Company

FoundedEmployeesCEOWebsite
195927,583Darren Rebelezhttps://www.caseys.com

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey’s General Store names. Its stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; tobacco, and nicotine products; health and beauty aids; automotive products; and other nonfood items. The company’s stores also provide motor fuel for sale on a self-service basis; and gasoline and diesel fuel.

Casey's General Stores Fundamentals Summary

How do Casey's General Stores's earnings and revenue compare to its market cap?
CASY fundamental statistics
Market CapUS$7.21b
Earnings (TTM)US$311.47m
Revenue (TTM)US$8.65b

23.1x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CASY income statement (TTM)
RevenueUS$8.65b
Cost of RevenueUS$6.20b
Gross ProfitUS$2.46b
ExpensesUS$2.15b
EarningsUS$311.47m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

Dec 07, 2021

Earnings per share (EPS)8.39
Gross Margin28.39%
Net Profit Margin3.60%
Debt/Equity Ratio80.9%

How did CASY perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

16%

Payout Ratio

Valuation

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

50.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CASY ($194.29) is trading below our estimate of fair value ($388.52)

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 (23.1x) compared to the US Consumer Retailing industry average (20.9x).

PE vs Market: CASY is poor value based on its PE Ratio (23.1x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: CASY is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: CASY is overvalued based on its PB Ratio (3.5x) compared to the US Consumer Retailing industry average (1.9x).


Future Growth

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

8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CASY's forecast earnings growth (8% per year) is above the savings rate (2%).

Earnings vs Market: CASY's earnings (8% per year) are forecast to grow slower than the US market (14.2% per year).

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

Revenue vs Market: CASY's revenue (8.1% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: CASY's revenue (8.1% 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 (13.8%).


Past Performance

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

8.5%

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 lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: CASY's earnings have grown by 8.5% per year over the past 5 years.

Accelerating Growth: CASY's earnings growth over the past year (4.3%) is below its 5-year average (8.5% per year).

Earnings vs Industry: CASY earnings growth over the past year (4.3%) exceeded the Consumer Retailing industry 3.6%.


Return on Equity

High ROE: CASY's Return on Equity (15.3%) 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 ($671.3M) do not cover its short term liabilities ($740.9M).

Long Term Liabilities: CASY's short term assets ($671.3M) do not cover its long term liabilities ($2.3B).


Debt to Equity History and Analysis

Debt Level: CASY's net debt to equity ratio (71.1%) is considered high.

Reducing Debt: CASY's debt to equity ratio has increased from 75.9% to 80.9% over the past 5 years.

Debt Coverage: CASY's debt is well covered by operating cash flow (42.2%).

Interest Coverage: CASY's interest payments on its debt are well covered by EBIT (10.6x coverage).


Balance Sheet


Dividend

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

0.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CASY's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: CASY's dividend (0.72%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

Stable Dividend: CASY's dividends per share have been stable in the past 10 years.

Growing Dividend: CASY's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16%), CASY's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CASY's dividends in 3 years are forecast to be thoroughly covered by earnings (14.6% payout ratio).


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Darren Rebelez (55 yo)

2.42yrs

Tenure

US$8,186,093

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 ($USD8.19M) is above average for companies of similar size in the US market ($USD6.24M).

Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CASY's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: CASY's board of directors are considered experienced (3.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CASY insiders have only sold shares 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 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$7.209b
  • Shares outstanding: 37.10m
  • Website: https://www.caseys.com

Number of Employees


Location

  • Casey's General Stores, Inc.
  • One SE Convenience Boulevard
  • Ankeny
  • Iowa
  • 50021-8045
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 23:54
End of Day Share Price2021/11/30 00:00
Earnings2021/07/31
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.