CrossAmerica Partners LP (CAPL) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA below its 5-year median

CrossAmerica Partners LP's EV/EBITDA of 8.3 is below its 5-year median of 8.9.

P/S below the industry

CrossAmerica Partners LP's price-to-sales of 0.19 is below the Wholesale Trade-non-durable Goods median of 0.33 (book value is negative, so we use sales).

Trading below fair value

The share price of $20.27 is below our fair value estimate of $29.29.

Margin of safety over 20%

The price is 30.8% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew -9.7% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -14.5% a year over the last three fiscal years.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing slower than the industry

Revenue grew 9.1% over the last twelve months; the Wholesale Trade-non-durable Goods median is 11.1%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin slipping

Gross margin was 10.3% over the last twelve months, against 10.6% a year earlier.

Return on equity

Needs positive equity and five years of results.

Return on invested capital

Needs operating income and invested capital.

Return on equity against the industry

Needs positive equity.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin against its history

Needs five years of revenue and net income.

Net margin against the industry

Needs revenue and net income.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt not well covered by cash flow

Operating cash flow over the last twelve months equals 15.9% of total debt; we look for at least 20%.

Interest not well covered

Operating income covers interest expense 2.4 times; we look for at least 5.

Short-term assets don't cover short-term debts

Current assets are 0.78 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 4.94; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

CrossAmerica Partners LP paid dividends worth 7.8% of the share price over the last twelve months.

Yield above Treasuries

The 7.8% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; CrossAmerica Partners LP yields 7.8%.

Dividend stability

Fewer than five years of dividend history.

Earnings cover

Needs dividends paid and net income.

Covered by free cash flow

Dividends take 89.1% of free cash flow.