COMPARE · Reviewed July 30, 2026
PBF vs UGP
Verdict: Side-by-side breakdown using the Bull Rankings model. PBF scored 52.5, UGP scored 50.6 — PBF leads.
Compare another set
PBF
PBF Energy Inc.
52.5
$73.10 · $8.7B
fundamentals as of
Score gap
1.9
PBF leads
UGP
Ultrapar Participacoes SA
50.6
$6.46 · $34.9B
The model, pillar by pillar (0–100 each)
PBF
stronger →← stronger
UGP
69
Qualityreturns · margins · balance sheet
52
50
Growthrevenue & earnings expansion
61
42
Valuevaluation vs sector peers
40
PBF is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
PBF
UGP
$743mC+
FCF
—
+13.5%B+
Rev
+6.9%C+
0.64B
D/E
1.39C+
16.7xB
P/E
11.6xA-
—
PEG
1.69C+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
PBF
UGP
4% below
Price vs fair valuelower is cheaper
—
~-3%/yr
Growth the price implies10-yr FCF · lower = less priced in
—
+16%
1-yr DCF upside
—
+5%
5-yr DCF upside
—
-10%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
PBF
Why this score
- Cyclical growth
UGP
Why this score
- Raising its dividend
The companies
PBFPBF Energy Inc.
Why now
Oil & Gas Refining & Marketing · market cap $8.7b. Trading near 52-week high of $74.74 — momentum setup, limited technical margin of safety. Revenue growing +14%, comfortably above the S&P median. 13 sell-side analysts rate this a Hold with a mean 1-yr target of $57.08 (implying -22% upside).
Moat
ROE 21% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately.
Risk
Trading within 2% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction. 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.
UGPUltrapar Participacoes SA
Why now
Retail · market cap $34.9b. Down 81% from 52-week high of $33.39 — deep drawdown territory.
Moat
ROE 19% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately.
Risk
Down 81% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Net margin 2.1% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first.
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.