Casey's General Stores (CASY) Stock Analysis
Here is a fundamental analysis of Casey's General Stores (CASY), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | Current stock: CASY | Industry group median |
|---|---|---|
| 1-Year Return | 77.24% | 16.68% |
Risk
Drawdown
Risk at a Glance
| Metric | Current stock: CASY | Industry group median |
|---|---|---|
| 1-Year Volatility | 30.99% | 32.49% |
| Beta | 0.59 | 0.64 |
Company Profile
| Profile Item | CASY |
|---|---|
| Name | Casey's General Stores Inc. |
| Country/Region | United States |
| GICS Sector | Consumer Staples |
| GICS Industry Group | Consumer Staples Distribution & Retail |
| GICS Industry | Consumer Staples Distribution & Retail |
| GICS Sub-Industry | Food Retail |
| Market Capitalization | 33.18 billion USD |
| Currency | USD |
| Exchange | Nasdaq |
| Listing Date | October 20, 1983 |
| Security Type | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Casey's General Stores (CASY) trades at P/E ratio of 46.72, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.
CASY
Consumer Staples Distribution & Retail industry group
46.72
Group distribution
- Max
- 49.59
- CASY
- 46.72
- Q3
- 40.27
- Median
- 21.91
- Q1
- 17.31
- Min
- 11.33
Largest peers
- COST
- 49.51
- CASY
- 46.72
- WMT
- 42.62
- KR
- 42.02
- SYY
- 22.00
- TGT
- 17.86
- DG
- 16.24
Price-to-Sales Ratio (TTM)
Casey's General Stores (CASY) trades at 1.89 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.
CASY
Consumer Staples Distribution & Retail industry group
1.89
Group distribution
- CASY
- 1.89
- Max
- 1.89
- Q3
- 0.91
- Median
- 0.52
- Q1
- 0.26
- Min
- 0.02
Largest peers
- CASY
- 1.89
- COST
- 1.48
- WMT
- 1.33
- DG
- 0.59
- TGT
- 0.58
- SYY
- 0.45
- KR
- 0.27
Price-to-Book Ratio (MRQ)
Casey's General Stores (CASY) trades at 8.37 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.
CASY
Consumer Staples Distribution & Retail industry group
8.37
Group distribution
- Max
- 9.68
- CASY
- 8.37
- Q3
- 6.23
- Median
- 4.10
- Q1
- 2.15
- Min
- 0.76
Largest peers
- COST
- 26.35
- SYY
- 16.61
- WMT
- 9.68
- CASY
- 8.37
- KR
- 6.99
- TGT
- 3.75
- DG
- 2.86
Valuation at a Glance
| Metric | Current stock: CASY | Industry group median |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 46.72 | 21.91 |
| Price-to-Sales Ratio (TTM) | 1.89 | 0.52 |
| Price-to-Book Ratio (MRQ) | 8.37 | 4.10 |
| Free Cash Flow Yield | 1.65% | 4.72% |
Profitability
Return on Equity (TTM)
Casey's General Stores (CASY) posts ROE of 19.15%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
CASY
Consumer Staples Distribution & Retail industry group
19.15%
Group distribution
- Max
- 37.28%
- Q3
- 22.55%
- CASY
- 19.15%
- Median
- 14.81%
- Q1
- 8.71%
- Min
- -2.30%
Largest peers
- SYY
- 81.90%
- COST
- 29.15%
- WMT
- 24.13%
- TGT
- 22.02%
- CASY
- 19.15%
- DG
- 18.91%
- KR
- 14.41%
Net Profit Margin (TTM)
Casey's General Stores (CASY) keeps 4.07% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.
CASY
Consumer Staples Distribution & Retail industry group
4.07%
Group distribution
- Max
- 6.51%
- CASY
- 4.07%
- Q3
- 3.51%
- Median
- 2.17%
- Q1
- 1.27%
- Min
- -0.12%
Largest peers
- CASY
- 4.07%
- DG
- 3.63%
- TGT
- 3.24%
- WMT
- 3.14%
- COST
- 3.01%
- SYY
- 2.08%
- KR
- 0.69%
Operating Profit Margin (TTM)
Casey's General Stores (CASY) turns 5.14% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
CASY
Consumer Staples Distribution & Retail industry group
5.14%
Group distribution
- Max
- 9.24%
- CASY
- 5.14%
- Q3
- 5.12%
- Median
- 3.55%
- Q1
- 1.19%
- Min
- -0.11%
Largest peers
- DG
- 5.92%
- CASY
- 5.14%
- TGT
- 4.52%
- WMT
- 4.22%
- SYY
- 3.75%
- COST
- 3.67%
- KR
- 3.44%
Profitability at a Glance
| Metric | Current stock: CASY | Industry group median |
|---|---|---|
| Return on Equity (TTM) | 19.15% | 14.81% |
| Return on Assets (TTM) | 7.54% | 5.63% |
| Net Profit Margin (TTM) | 4.07% | 2.17% |
| Operating Profit Margin (TTM) | 5.14% | 3.55% |
| Gross Profit Margin (TTM) | 24.61% | 24.79% |
Financial Strength
Current Ratio (MRQ)
Casey's General Stores (CASY) has current ratio of 1.01, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
CASY
Consumer Staples Distribution & Retail industry group
1.01
Group distribution
- Max
- 1.52
- Q3
- 1.36
- Median
- 1.17
- CASY
- 1.01
- Q1
- 0.95
- Min
- 0.60
Largest peers
- SYY
- 1.33
- DG
- 1.17
- COST
- 1.07
- CASY
- 1.01
- TGT
- 0.93
- KR
- 0.80
- WMT
- 0.77
Debt-to-Equity Ratio (MRQ)
Casey's General Stores (CASY) has debt-to-equity ratio of 0.73, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
CASY
Consumer Staples Distribution & Retail industry group
0.73
Group distribution
- Max
- 3.40
- Q3
- 1.93
- Median
- 1.29
- CASY
- 0.73
- Q1
- 0.65
- Min
- 0.00
Largest peers
- SYY
- 6.70
- KR
- 4.16
- DG
- 1.79
- TGT
- 1.18
- WMT
- 0.75
- CASY
- 0.73
- COST
- 0.60
Financial Strength at a Glance
| Metric | Current stock: CASY | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.01 | 1.17 |
| Debt-to-Equity Ratio (MRQ) | 0.73 | 1.29 |
| Net Debt / EBITDA | 1.60 | 2.59 |
Dividends
Dividend Yield (TTM)
Casey's General Stores (CASY) has dividend yield of 0.26%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.
CASY
Consumer Staples Distribution & Retail industry group
0.26%
Group distribution
- Max
- 4.41%
- Q3
- 2.02%
- Median
- 0.66%
- CASY
- 0.26%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- TGT
- 3.43%
- SYY
- 2.78%
- KR
- 2.16%
- DG
- 2.06%
- WMT
- 0.82%
- COST
- 0.60%
- CASY
- 0.26%
Dividend Payout Ratio (TTM)
Casey's General Stores (CASY) has payout ratio of 11.90%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.
CASY
Consumer Staples Distribution & Retail industry group
11.90%
Group distribution
- Max
- 60.00%
- Q3
- 31.85%
- Median
- 16.54%
- CASY
- 11.90%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- KR
- 87.01%
- SYY
- 60.00%
- TGT
- 59.97%
- WMT
- 33.54%
- DG
- 33.38%
- COST
- 27.01%
- CASY
- 11.90%
Dividends at a Glance
| Metric | Current stock: CASY | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.26% | 0.66% |
| Dividend Payout Ratio (TTM) | 11.90% | 16.54% |