Suburban Propane Partners L.P. (SPH) exhibits 60.6% gross margins and 8.4% return on invested capital within Consumer Discretionary (Other Specialty Stores), balanced against a 9.4x enterprise multiple and 4.8% implied options volatility.
Sustained 60.6% gross profitability converts into 14.4% operating margin and 8.4% ROIC, outpacing sector cost of capital.
ROIC: 8.4% // GM: 60.6%YoY revenue trajectory of +7.9% paired with 9.60% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +7.9% // FCF YLD: 9.60%Altman Z-Score of 1.27 and Piotroski F-Score of 7/9 indicate low near-term refinancing stress.
ALTMAN Z: 1.27 // F-SCORE: 7/9Trading at 11.2x trailing P/E (10.4x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 11.2x // EV/EBITDA: 9.4xOptions market prices a ±5.2% implied move with a 0.85 put/call ratio around $17.85 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Other Specialty Stores require continuous execution to defend 7.4% net margins.
NET MARGIN: 7.4% // D/E: 2.11x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for SPH & activate live FRED threshold breach alerts.