Casey's General Stores, Inc.
Casey's General Stores, Inc. Fundamental Analysis
Casey's General Stores, Inc. (CASY) shows weak financial fundamentals with a PE ratio of 40.95, profit margin of 3.58%, and ROE of 16.89%. The company generates $16.9B in annual revenue with weak year-over-year growth of -1.53%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 50.6/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze CASY's fundamental strength across five key dimensions:
Efficiency Score
WeakCASY struggles to generate sufficient returns from assets.
Valuation Score
WeakCASY trades at a premium to fair value.
Growth Score
ModerateCASY shows steady but slowing expansion.
Financial Health Score
ExcellentCASY maintains a strong and stable balance sheet.
Profitability Score
ModerateCASY maintains healthy but balanced margins.
Key Financial Metrics
Is CASY Expensive or Cheap?
P/E Ratio
CASY trades at 40.95 times earnings. This suggests a premium valuation.
PEG Ratio
When adjusting for growth, CASY's PEG of 9.30 indicates potential overvaluation.
Price to Book
The market values Casey's General Stores, Inc. at 6.53 times its book value. This suggests the stock is fully valued or overvalued on an asset basis.
EV/EBITDA
Enterprise value stands at 16.84 times EBITDA. This signals the market has high growth expectations.
How Well Does CASY Make Money?
Net Profit Margin
For every $100 in sales, Casey's General Stores, Inc. keeps $3.58 as profit after all expenses.
Operating Margin
Core operations generate 5.28 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $16.89 in profit for every $100 of shareholder equity.
ROA
Casey's General Stores, Inc. generates $7.07 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Casey's General Stores, Inc. generates limited operating cash flow of $1.26B, signaling weaker underlying cash strength.
Free Cash Flow
Casey's General Stores, Inc. produces free cash flow of $680.98M, offering steady but limited capital for shareholder returns and expansion.
FCF Per Share
Each share generates $18.37 in free cash annually.
FCF Yield
CASY converts 2.74% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
40.95
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
9.30
vs 25 benchmark
P/B Ratio
Price to book value ratio
6.53
vs 25 benchmark
P/S Ratio
Price to sales ratio
1.46
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.77
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.05
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.17
vs 25 benchmark
ROA
Return on assets percentage
0.07
vs 25 benchmark
ROCE
Return on capital employed
0.12
vs 25 benchmark
How CASY Stacks Against Its Sector Peers
| Metric | CASY Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 40.95 | 24.85 | Worse (Expensive) |
| ROE | 16.89% | 1165.00% | Weak |
| Net Margin | 3.58% | 749.00% | Weak |
| Debt/Equity | 0.77 | 0.76 | Neutral |
| Current Ratio | 1.05 | 9.23 | Neutral |
| ROA | 7.07% | 1271.00% | Weak |
CASY outperforms its industry in 0 out of 6 key metrics, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Casey's General Stores, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
56.97%
Industry Style: Cyclical, Growth, Discretionary
High GrowthEPS CAGR
143.19%
Industry Style: Cyclical, Growth, Discretionary
High GrowthFCF CAGR
66.23%
Industry Style: Cyclical, Growth, Discretionary
High Growth