COMPARE · Reviewed August 7, 2026
CVI vs DK
Verdict: Side-by-side breakdown using the Bull Rankings model. CVI scored 60.4, DK scored 55.0 — CVI leads.
Compare another set
CVI
CVR Energy, Inc.
60.4
$31.15 · $3.1B
fundamentals as of
Score gap
5.4
CVI leads
DK
Delek US Holdings, Inc.
55
$58.46 · $3.6B
fundamentals as of
The model, pillar by pillar (0–100 each)
CVI
stronger →← stronger
DK
61
Qualityreturns · margins · balance sheet
57
50
Growthrevenue & earnings expansion
48
72
Valuevaluation vs sector peers
61
CVI is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
CVI
DK
$351mC
FCF
$681mC+
+17.9%B+
Rev
+11.4%B
2.42D
D/E
8.12D
45.1xC
P/E
15.9xB
0.71A-
PEG
0.38A
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
CVI
DK
67% below
Price vs fair valuelower is cheaper
72% below
~-12%/yr
Growth the price implies10-yr FCF · lower = less priced in
decline
+133%
1-yr DCF upside
+294%
+207%
5-yr DCF upside
+253%
+365%
10-yr DCF upside
+200%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
CVI
Why this score
- Cut its dividend
- Cyclical growth
DK
No notable signals flagged.
The companies
CVICVR Energy, Inc.
Why now
Oil & Gas Refining & Marketing · market cap $3.1b. Down 25% from 52-week high of $41.67 — deep drawdown territory. Revenue growing +18%, comfortably above the S&P median. PEG 0.71 — paying under fair value for the growth rate. 5 sell-side analysts rate this an Underperform with a mean 1-yr target of $29.60 (implying -5% upside).
Moat
ROE 13% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
D/E 2.42 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Trailing P/E 45x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. Net margin 0.8% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first.
DKDelek US Holdings, Inc.
Why now
Oil & Gas Refining & Marketing · market cap $3.6b. 15% off the 52-week high of $68.93. Revenue growing +11%, comfortably above the S&P median. PEG 0.38 — paying under fair value for the growth rate. 12 sell-side analysts rate this a Buy with a mean 1-yr target of $62.00 (implying +6% upside).
Moat
ROE 53% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
D/E 8.12 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Net margin 1.9% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.