COMP <GO>
UGP vs SR // EV/EBITDA & P/E VALUATION
Ultrapar Participacoes S.A. (Each representing one Common Share) (NYSE) VS. Spire Inc. (NYSE) • 15-METRIC TALLY: UGP 1
— SR 2
■ METRIC PARITY
LAST: $5.81 (-2.68%) • MKT CAP: $6.64B
valuation
—
LAST: $88.00 (+1.48%) • MKT CAP: $5.13B
valuation
7.3x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (UGP VS. SR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | UGP | SR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 58.80% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | — | 5.30% | — | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 7.3x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | -6.72% | — | TIE | /fcf-yield <GO> |
| Operating Margin | — | 21.20% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | 11.00% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | -4.50% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 3.55% | -3.55 | SR | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 0.96 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | — | 5/9 | — | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 26.1 | 67.3 | -41.20 | SR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.93 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 17.6x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $6.64B | $5.13B | $1.52B | UGP | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | UGP REV | SR REV | UGP GROSS % | SR GROSS % | UGP FCF | SR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | — | $2.48B | — | 58.8% | — | -$344.4M |
| FY 2024 | — | $2.59B | — | 52.5% | — | $51.1M |
| FY 2023 | — | $2.67B | — | — | — | $320.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
UGP // BETA —
SR // BETA 0.93