$Ultrapar Participacoes (UGP.US)$Revenue has fluctuated in t...
$Ultrapar Participacoes (UGP.US)$Revenue has fluctuated in the first four years over the past five years, with a 35% increase in 2021 reaching 109.7 billion. However, operating profit has been steadily declining at a moderate pace over the past four years, with net income fluctuating from 1.57 billion to 0.84 billion, dropping to 0.4 billion at one point in 2019.
Revenue continued to grow rapidly by 28% in the first three quarters of 2022, with operating profit increasing by 21% to reach 1.78 billion, while net income doubled to 0.98 billion Brazilian reals.
The current PE ratio is 16, with a TTM PE ratio of 10. Considering that the current growth driver may be temporary, it is currently not very attractive.
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