Verdict: Side-by-side breakdown using the Bull Rankings model. PBF scored 61.6, UGP scored 52.5 — PBF leads.
Compare another set
PBF
PBF Energy Inc.
Oil & Gas Refining & Marketing · Quality-Growth
61.6
$84.27 · $10.0B
fundamentals as of
Score gap
9.1
PBF leads
UGP
Ultrapar Participações S.A.
Oil & Gas Refining & Marketing · Quality-Growth
52.5
$7.90 · $8.4B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
CheapestPBF7.4x
Fastest growthPBF+13.5%
Strongest balance sheetPBF0.38
Highest qualityUGP75 / 100
Largest discount to fair valueUGP-69%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
PBF
stronger →← stronger
UGP
69
Qualityreturns · margins · balance sheet
75
50
Growthrevenue & earnings expansion
50
67
Valuevaluation vs sector peers
53
PBF and UGP split the three pillars evenly.
Fundamentals, head-to-head
PBF
UGP
$743mC+
FCF
$1.7bC+
+13.5%B+
Rev
+6.6%C+
0.38B+
D/E
0.98C+
7.4xA-
P/E
12.7xB
—
PEG
0.78A-
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
PBF
UGP
27% below
Price vs fair valuelower is cheaper
69% below
~1%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~-22%/yr
+21%
1-yr DCF upside
+207%
+37%
5-yr DCF upside
+219%
+63%
10-yr DCF upside
+237%
These two disagree on this pair: the Value pillar ranks cheapness against sector peers, while price-vs-fair-value is an absolute read. A name can be the better value in its sector and still the dearer one on cash flows.
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Oil & Gas Refining & Marketing · market cap $10.0b. 6% off the 52-week high of $89.48. Revenue growing +14%, comfortably above the S&P median. 13 sell-side analysts rate this a Hold with a mean 1-yr target of $79.62 (implying -6% upside).
Moat
ROE 21% is above 15% — the equity base is compounding at a rate the market struggles to discount accurately.
Risk
Net margin 3.9% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first. Commodity exposure — earnings power tracks the price of the underlying commodity, not management execution. A 15-20% move in the commodity reprices the equity well before fundamentals catch up.
Oil & Gas Refining & Marketing · market cap $8.4b. 5% off the 52-week high of $8.28. PEG 0.78 — paying under fair value for the growth rate. 7 sell-side analysts rate this a Buy with a mean 1-yr target of $7.67 (implying -3% upside).
Moat
ROE 20% is above 15% — the equity base is compounding at a rate the market struggles to discount accurately. Free cash flow runs well ahead of reported net income.
Risk
Net margin 2.3% 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
PBF leads UGP by 4.9 points (64.8 to 59.9), its sharpest advantage coming in Rev (grade B+). A contrarian could still prefer UGP, which trades about 60% below our DCF fair value — a margin of safety the score doesn't reward.
Our AI analyst is busy right now, so this verdict is drawn directly from the pillars, grades and DCF above.
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.
Where PBF and UGP diverge
On the headline score the gap is 9.1 points in favor of PBF. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
ValuePBF 67.4 · UGP 52.8PBF +14.6
QualityPBF 69.3 · UGP 75.1UGP +5.8
GrowthPBF 50.0 · UGP 50.0level
Pillars run 0–100. Value is judged against each company's own sector, so a Value score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.
Common questions
Is PBF or UGP the better stock?
PBF scores higher: PBF 61.6, UGP 52.5 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.
Where do PBF and UGP differ most?
The widest gap is value, where PBF leads by 15 points on the 0–100 pillar scale. Neither name sweeps: they trade the lead across the three pillars, so the comparison is a trade-off rather than one being better on every measure.
How are PBF and UGP scored?
Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.
How current is this comparison?
The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.