Market Cap
US$8.0b
Last Updated
2020/02/28 00:51 UTC
Data Sources
Company Financials +
Executive Summary
UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and good value.
Similar Companies
Share Price & News
How has UGI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UGI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-9.9%
UGI
-10.3%
US Gas Utilities
-10.6%
US Market
1 Year Return
-31.8%
UGI
-11.9%
US Gas Utilities
5.2%
US Market
Return vs Industry: UGI underperformed the US Gas Utilities industry which returned -11.9% over the past year.
Return vs Market: UGI underperformed the US Market which returned 5.2% over the past year.
Shareholder returns
| UGI | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.9% | -10.3% | -10.6% |
| 30 Day | -12.6% | -9.1% | -8.5% |
| 90 Day | -14.6% | -6.1% | -4.6% |
| 1 Year | -30.1%-31.8% | -9.6%-11.9% | 7.4%5.2% |
| 3 Year | -17.8%-23.0% | 8.2%0.3% | 31.7%23.2% |
| 5 Year | 27.7%13.9% | 58.8%38.9% | 56.4%39.3% |
Price Volatility Vs. Market
How volatile is UGI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is UGI Corporation (NYSE:UGI) Excessively Paying Its CEO?2 weeks ago | Simply Wall St
Is UGI (NYSE:UGI) A Risky Investment?4 weeks ago | Simply Wall St
Investors Who Bought UGI (NYSE:UGI) Shares A Year Ago Are Now Down 22%Valuation
Is UGI undervalued compared to its fair value and its price relative to the market?
27.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UGI ($37.19) is trading below our estimate of fair value ($51.03)
Significantly Below Fair Value: UGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UGI is good value based on its PE Ratio (17.2x) compared to the Gas Utilities industry average (22.6x).
PE vs Market: UGI is poor value based on its PE Ratio (17.2x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: UGI is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: UGI is good value based on its PB Ratio (1.9x) compared to the US Gas Utilities industry average (1.9x).
Next Steps
Future Growth
How is UGI forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
16.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UGI's forecast earnings growth (16.2% per year) is above the savings rate (1.7%).
Earnings vs Market: UGI's earnings (16.2% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: UGI's earnings are forecast to grow, but not significantly.
Revenue vs Market: UGI's revenue (4.9% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: UGI's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UGI's Return on Equity is forecast to be low in 3 years time (14.4%).
Next Steps
Past Performance
How has UGI performed over the past 5 years?
8.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UGI has high quality earnings.
Growing Profit Margin: UGI's current net profit margins (5.7%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: UGI's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: UGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UGI had negative earnings growth (-3.1%) over the past year, making it difficult to compare to the Gas Utilities industry average (5.9%).
Return on Equity
High ROE: UGI's Return on Equity (10.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is UGI's financial position?
Financial Position Analysis
Short Term Liabilities: UGI's short term assets ($1.9B) do not cover its short term liabilities ($2.4B).
Long Term Liabilities: UGI's short term assets ($1.9B) do not cover its long term liabilities ($7.9B).
Debt to Equity History and Analysis
Debt Level: UGI's debt to equity ratio (166.7%) is considered high.
Reducing Debt: UGI's debt to equity ratio has increased from 110.8% to 166.7% over the past 5 years.
Debt Coverage: UGI's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: UGI's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
Inventory Level: UGI has a high level of physical assets or inventory.
Debt Coverage by Assets: UGI's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is UGI's current dividend yield, its reliability and sustainability?
3.50%
Current Dividend Yield
Upcoming Dividend Payment
Purchase UGI before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: UGI's dividend (3.5%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: UGI's dividend (3.5%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: UGI's dividends per share have been stable in the past 10 years.
Growing Dividend: UGI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.1%), UGI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UGI's dividends in 3 years are forecast to be well covered by earnings (44.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
John Walsh (64yo)
6.8yrs
Tenure
US$8,592,760
Compensation
Mr. John Lawrence Walsh Jr. is a Director and President of UGI Corporation since 2005 and has been its and Chief Executive Officer since 2013. Mr. Walsh serves as Executive Chairman at AmeriGas Propane, L. ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD8.59M) is above average for companies of similar size in the US market ($USD6.47M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | US$8.59m | 0.22% $17.3m | |
| Chief Financial Officer | 1.8yrs | US$2.40m | 0.0077% $613.6k | |
| VP, General Counsel & Corporate Secretary | 7.8yrs | US$1.63m | 0.029% $2.3m | |
| Executive VP of Global LPG & President of UGI International | 1.3yrs | US$2.30m | 0.013% $1.0m | |
| President & CEO of AmeriGas Propane | 1.4yrs | US$1.59m | 0.0052% $417.3k | |
| VP, Chief Accounting Officer & Corporate Controller | 1yrs | no data | 0.0013% $107.3k | |
| Director of Investor Relations | 0yrs | no data | no data | |
| Vice President of Human Resources & Global Leadership Development | 0yrs | no data | no data | |
| Executive Vice President of Natural Gas | 1.3yrs | US$1.12m | 0.074% $5.9m | |
| Vice President Head of Global Procurement | 0yrs | no data | no data |
1.4yrs
Average Tenure
56yo
Average Age
Experienced Management: UGI's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | US$8.59m | 0.22% $17.3m | |
| Independent Non-Executive Chairman | 0.08yrs | US$258.83k | 0.19% $15.4m | |
| Independent Director | 4.4yrs | US$256.33k | no data | |
| Independent Vice Chairman | 0.08yrs | US$557.17k | 0.050% $4.0m | |
| Independent Director | 0.4yrs | US$6.30k | 0.0020% $159.4k | |
| Independent Director | 0.4yrs | US$6.30k | 0.00031% $24.8k | |
| Independent Director | 1.9yrs | US$243.83k | no data | |
| Independent Director | 2.6yrs | US$267.58k | no data | |
| Independent Director | 11.1yrs | US$268.83k | 0.0069% $551.1k | |
| Independent Director | 1.1yrs | US$230.70k | no data |
1.5yrs
Average Tenure
64yo
Average Age
Experienced Board: UGI's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 7.5%.
Top Shareholders
Company Information
UGI Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: UGI Corporation
- Ticker: UGI
- Exchange: NYSE
- Founded: 1882
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: US$8.010b
- Shares outstanding: 208.55m
- Website: https://www.ugicorp.com
Number of Employees
Location
- UGI Corporation
- 460 North Gulph Road
- King of Prussia
- Pennsylvania
- 19406
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UGI | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| 3U6 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
Biography
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 1.6 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,800 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 13,000 residential, commercial, and industrial customers at 41,000 locations. Further, the company distributes natural gas to approximately 655,000 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 2,500 miles of lines and 14 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 headquartered in King of Prussia, Pennsylvania.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/28 00:51 |
| End of Day Share Price | 2020/02/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/09/30 |
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.