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MUSA

Murphy USANYSE:MUSA Stock Report

Market Cap

US$4.7b

7D

3.0%

1Y

46.5%

Updated

04 Dec, 2021

Data

Company Financials +
MUSA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

MUSA Stock Overview

Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise.

Murphy USA Competitors

TravelCenters of America

NasdaqGS:TA

US$736.9m

Chevron

NYSE:CVX

US$220.5b

Dollar General

NYSE:DG

US$51.4b

Alimentation Couche-Tard

TSX:ATD.B

CA$50.6b

Price History & Performance

Summary of all time highs, changes and price drops for Murphy USA
Historical stock prices
Current Share PriceUS$184.20
52 Week HighUS$187.74
52 Week LowUS$119.47
Beta0.94
1 Month Change8.53%
3 Month Change17.04%
1 Year Change46.54%
3 Year Change150.48%
5 Year Change175.46%
Change since IPO374.13%

Recent News & Updates

Dec 01
Estimating The Fair Value Of Murphy USA Inc. (NYSE:MUSA)

Estimating The Fair Value Of Murphy USA Inc. (NYSE:MUSA)

How far off is Murphy USA Inc. ( NYSE:MUSA ) from its intrinsic value? Using the most recent financial data, we'll take...

Oct 28
Is Murphy USA (NYSE:MUSA) Using Too Much Debt?

Is Murphy USA (NYSE:MUSA) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Oct 13
When Should You Buy Murphy USA Inc. (NYSE:MUSA)?

When Should You Buy Murphy USA Inc. (NYSE:MUSA)?

While Murphy USA Inc. ( NYSE:MUSA ) might not be the most widely known stock at the moment, it led the NYSE gainers...

Shareholder Returns

MUSAUS Specialty RetailUS Market
7D3.0%-4.4%-2.7%
1Y46.5%22.9%16.6%

Return vs Industry: MUSA exceeded the US Specialty Retail industry which returned 22.9% over the past year.

Return vs Market: MUSA exceeded the US Market which returned 16.6% over the past year.

Price Volatility

Is MUSA's price volatile compared to industry and market?
MUSA volatility
MUSA Average Weekly Movement5.1%
Specialty Retail Industry Average Movement6.9%
Market Average Movement6.1%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: MUSA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MUSA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19967,400R. Clydehttps://www.murphyusa.com

Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA and Murphy Express brand names. As of February 3, 2021, it operated 1,503 retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.

Murphy USA Fundamentals Summary

How do Murphy USA's earnings and revenue compare to its market cap?
MUSA fundamental statistics
Market CapUS$4.72b
Earnings (TTM)US$349.10m
Revenue (TTM)US$13.48b

13.5x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MUSA income statement (TTM)
RevenueUS$13.48b
Cost of RevenueUS$12.52b
Gross ProfitUS$964.80m
ExpensesUS$615.70m
EarningsUS$349.10m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)13.62
Gross Margin7.16%
Net Profit Margin2.59%
Debt/Equity Ratio202.9%

How did MUSA perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

8%

Payout Ratio

Valuation

Is Murphy USA undervalued compared to its fair value and its price relative to the market?

13.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MUSA ($184.2) is trading above our estimate of fair value ($170.4)

Significantly Below Fair Value: MUSA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MUSA is poor value based on its PE Ratio (13.5x) compared to the US Specialty Retail industry average (9.3x).

PE vs Market: MUSA is good value based on its PE Ratio (13.5x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: MUSA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MUSA is overvalued based on its PB Ratio (5.7x) compared to the US Specialty Retail industry average (2.7x).


Future Growth

How is Murphy USA forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MUSA's earnings are forecast to decline over the next 3 years (-1.3% per year).

Earnings vs Market: MUSA's earnings are forecast to decline over the next 3 years (-1.3% per year).

High Growth Earnings: MUSA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MUSA's revenue (6.7% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: MUSA's revenue (6.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MUSA's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Murphy USA performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MUSA has high quality earnings.

Growing Profit Margin: MUSA's current net profit margins (2.6%) are lower than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: MUSA's earnings have grown by 14.2% per year over the past 5 years.

Accelerating Growth: MUSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MUSA had negative earnings growth (-6.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (141.4%).


Return on Equity

High ROE: Whilst MUSA's Return on Equity (42.33%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Murphy USA's financial position?


Financial Position Analysis

Short Term Liabilities: MUSA's short term assets ($826.6M) exceed its short term liabilities ($718.9M).

Long Term Liabilities: MUSA's short term assets ($826.6M) do not cover its long term liabilities ($2.6B).


Debt to Equity History and Analysis

Debt Level: MUSA's net debt to equity ratio (166.4%) is considered high.

Reducing Debt: MUSA's debt to equity ratio has increased from 89.6% to 202.9% over the past 5 years.

Debt Coverage: MUSA's debt is well covered by operating cash flow (40.8%).

Interest Coverage: MUSA's interest payments on its debt are well covered by EBIT (7.3x coverage).


Balance Sheet


Dividend

What is Murphy USA current dividend yield, its reliability and sustainability?

0.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MUSA's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: MUSA's dividend (0.63%) is low compared to the top 25% of dividend payers in the US market (3.62%).


Stability and Growth of Payments

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

Growing Dividend: MUSA 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: MUSA is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MUSA'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?

5.5yrs

Average management tenure


CEO

R. Clyde (57 yo)

8.33yrs

Tenure

US$8,240,299

Compensation

Mr. R. Andrew Clyde has been the President and Chief Executive Officer at Murphy USA Inc. since August 2013. He serves as Director at Federal Reserve Bank of St. Louis since January 1, 2021. Mr. Clyde is i...


CEO Compensation Analysis

Compensation vs Market: R.'s total compensation ($USD8.24M) is above average for companies of similar size in the US market ($USD5.29M).

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


Leadership Team

Experienced Management: MUSA's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: MUSA's board of directors are considered experienced (8.3 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

Murphy USA Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Murphy USA Inc.
  • Ticker: MUSA
  • Exchange: NYSE
  • Founded: 1996
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: US$4.722b
  • Shares outstanding: 25.63m
  • Website: https://www.murphyusa.com

Number of Employees


Location

  • Murphy USA Inc.
  • 200 Peach Street
  • El Dorado
  • Arkansas
  • 71730-5836
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/04 00:14
End of Day Share Price2021/12/03 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.