Obermatt

Ultrapar Participacoes

SAO:UGPA3 · BRUGPAACNOR8
Specialty RetailX-Large

360

99
EV / EBIT93
Price / Owner Earnings45
Owner Earnings Yield84
Dividend Yield71
Price/Sales86
EV / Gross Profit42
Price/Book64
Return on Capital89
Cash Return on Capital76
Return on Equity77
EBIT Margin53
Gross Profitability37
Cash Conversion61
Accruals51
Owner Earnings Margin60
Sales growth55
Profit Growth73
Long-Term EPS Growth38
Owner Earnings Growth73
Reinvestment44
Price momentum91
Debt load22
Refinancing67
Debt Payback64
Liquidity29
Analyst ratings27
Opinion Changes38
Price Target Upside53
Market mood85
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Ultrapar Participacoes generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryBrazil
IndustrySpecialty Retail
SizeX-Large
TypePublic Company
ExchangeBOVESPA
Founded1953
Employees865
ISINBRUGPAACNOR8
Last UpdateApr 2, 2026
Themes
Energy StorageFreight ServiceEnergy ManagementBiofuelStorage ManagementProcess AutomationSmart EnergyOnline PaymentsClean EnergyFleet ManagementEnergyFuelOil and GasRenewable Energy

Description

Ultrapar Participações S.A. (Ultrapar) operates in the energy, mobility and logistics infrastructure sectors. As of December 31, 2025, Ultrapar’s portfolio consists of Ipiranga, Ultragaz, Ultracargo, and Hidrovias, operating in the mobility, energy,…

Analysis

Bargain bin

Ultrapar Participações S.A. is priced cheaply, and that invites the natural question of why, since the underlying business scores below average.

On valuation, the picture is attractive. The owner-earnings multiple stands at 11.0×; owner earnings: the cash an owner could take out each year.

Growth is solid; the safety picture is sturdy. The company scores 16/20 on our value-creation score: strong value creator.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
96
2023202420252026

All-time high

96

Jun 2026

All-time low

3

Jan 2023

Average rank

60

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
86
85
83
100
Price/Earnings
64
59
37
46
Price/Book
64
56
35
72
Dividend Yield
71
48
61
62
Value (overall)
80
53
60
68

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →