Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise.
Murphy USA Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$148.69|
|52 Week High||US$117.08|
|52 Week Low||US$159.80|
|1 Month Change||-3.34%|
|3 Month Change||15.09%|
|1 Year Change||8.64%|
|3 Year Change||73.14%|
|5 Year Change||105.57%|
|Change since IPO||282.73%|
Recent News & Updates
Backing Away From Murphy USA
I think the shares have gotten ahead of themselves somewhat. I'd remind investors that the more you pay for something, the lower your subsequent returns. This is a fine business, but I'm not a fan of the current debt load, as I think it represents material risk. Though I'll be walking away from the shares, I offer an options trade that I think has great risk-reward characteristics.
A Look At The Intrinsic Value Of Murphy USA Inc. (NYSE:MUSA)
In this article we are going to estimate the intrinsic value of Murphy USA Inc. ( NYSE:MUSA ) by taking the expected...
|MUSA||US Specialty Retail||US Market|
Return vs Industry: MUSA underperformed the US Specialty Retail industry which returned 46.6% over the past year.
Return vs Market: MUSA underperformed the US Market which returned 30.7% over the past year.
Stable Share Price: MUSA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MUSA's weekly volatility (3%) has been stable over the past year.
About the Company
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
|MUSA fundamental statistics|
Is MUSA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MUSA income statement (TTM)|
|Cost of Revenue||US$10.90b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||11.23|
|Net Profit Margin||2.65%|
How did MUSA perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is Murphy USA undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MUSA ($145.7) is trading below our estimate of fair value ($152.65)
Significantly Below Fair Value: MUSA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MUSA is poor value based on its PE Ratio (12.1x) compared to the US Specialty Retail industry average (10.9x).
PE vs Market: MUSA is good value based on its PE Ratio (12.1x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: MUSA is poor value based on its PEG Ratio (12x)
Price to Book Ratio
PB vs Industry: MUSA is overvalued based on its PB Ratio (5x) compared to the US Specialty Retail industry average (2.9x).
How is Murphy USA forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MUSA's forecast earnings growth (1% per year) is below the savings rate (2%).
Earnings vs Market: MUSA's earnings (1% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: MUSA's earnings are forecast to grow, but not significantly.
Revenue vs Market: MUSA's revenue (7.3% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: MUSA's revenue (7.3% 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
How has Murphy USA performed over the past 5 years?
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 (3.5%).
Past Earnings Growth Analysis
Earnings Trend: MUSA's earnings have grown by 12.8% 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 (-16.8%) over the past year, making it difficult to compare to the Specialty Retail industry average (165.1%).
Return on Equity
High ROE: Whilst MUSA's Return on Equity (41.17%) is outstanding, this metric is skewed due to their high level of debt.
How is Murphy USA's financial position?
Financial Position Analysis
Short Term Liabilities: MUSA's short term assets ($764.7M) exceed its short term liabilities ($696.4M).
Long Term Liabilities: MUSA's short term assets ($764.7M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: MUSA's debt to equity ratio (220.8%) is considered high.
Reducing Debt: MUSA's debt to equity ratio has increased from 89.5% to 220.8% over the past 5 years.
Debt Coverage: MUSA's debt is well covered by operating cash flow (30.6%).
Interest Coverage: MUSA's interest payments on its debt are well covered by EBIT (7.3x coverage).
What is Murphy USA current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MUSA's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: MUSA's dividend (0.69%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: MUSA is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: MUSA is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MUSA is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MUSA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
R. Clyde (57 yo)
Mr. R. Andrew Clyde has been the President and Chief Executive Officer at Murphy USA Inc. since August 2013. He serves as Director at Federal Reserve Bank of St. Louis since January 1, 2021. Mr. Clyde is i...
CEO Compensation Analysis
Compensation vs Market: R.'s total compensation ($USD8.24M) is above average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: R.'s compensation has been consistent with company performance over the past year.
Experienced Management: MUSA's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: MUSA's board of directors are considered experienced (8.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MUSA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Murphy USA Inc.'s employee growth, exchange listings and data sources
- Name: Murphy USA Inc.
- Ticker: MUSA
- Exchange: NYSE
- Founded: 1996
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: US$3.843b
- Shares outstanding: 25.85m
- Website: https://www.murphyusa.com
Number of Employees
- Murphy USA Inc.
- 200 Peach Street
- El Dorado
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 04:49|
|End of Day Share Price||2021/09/15 00:00|