USD Partners LP's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than merely 1.26% of US listed stocks.
The volatility of USD Partners LP's share price is greater than that of 92.24% US stocks with at least 200 days of trading history.
USD Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 30.14%, greater than the shareholder yield of 91.48% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to USD Partners LP are CLUB, PLT, CBB, EAT, and AMC.
USD Partners LP Common Units representing limited partner interest (USDP) Company Bio
USD Partners LP acquires, develops, and operates energy-related rail terminals and other midstream infrastructure assets and businesses in the United States and Canada. The company is based in Houston, Texas.
USDP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for USDP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that USD Partners LP ranked in the 80th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 482.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of USD Partners LP, consider:
26% of the company's capital comes from equity, which is greater than merely 11.58% of stocks in our cash flow based forecasting set.
USD Partners LP's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.47. This coverage rate is greater than that of only 17.65% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, USD Partners LP experienced a tax rate of about 0% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ASR, TAYD, BLD, GOGL, and TRU can be thought of as valuation peers to USDP, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Thesis USD Partners (USDP) was on a tear prior to the reduction in oil demand, and the Saudi-Russian oil price war that was triggered amid the prevailing pandemic. The company's dividend profile had seen 19 consecutive dividend hikes until recently, when USDP slashed its quarterly payout by ~70% QoQ in...
With me today are Dan Borgen, our Chief Executive Officer; Adam Altsuler, our Chief Financial Officer; Brad Sanders, our Chief Commercial Officer; Josh Ruple, our Chief Operating Officer; as well as several other members of our senior management team. Thank you, Jennifer.