-0.80%
5.92%
6.51%
8.21%
54.66%
123.47%
160.90%

Company Description

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names.Its stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverages; tobacco and nicotine products; health and beauty aids; automotive products; and other nonfood items.The company's stores also provide motor fuel for sale on a self-service basis; and gasoline and diesel fuel.


In addition, its stores offer various products, include soft drinks, energy, water, sports drinks, juices, coffee, and tea and dairy products; beer, wine, and spirits; snacks, candy, packaged bakery, and other food items; ice, ice cream, meals, and appetizers; health and beauty aids, electronic accessories, housewares, and pet supplies; and lotto/lottery and prepaid cards.Further, the company operates two stores that sells tobacco and nicotine products; one liquor store; and one grocery store.As of April 30, 2022, it operated 2,452 convenience stores.


Casey's General Stores, Inc.was founded in 1959 and is headquartered in Ankeny, Iowa.

Market Data

Last Price 419.69
Change Percentage -0.80%
Open 422.84
Previous Close 423.06
Market Cap ( Millions) 15578
Volume 11603
Year High 439.68
Year Low 269.5
M A 50 409.08
M A 200 375.61

Financial Ratios

FCF Yield 2.61%
Dividend Yield 0.34%
ROE 23.45%
Debt / Equity 368866.49%
Net Debt / EBIDTA 208.23%
Price To Book 21227.25
Price Earnings Ratio 29.12
Price To FCF 38.37
Price To sales 1.04
EV / EBITDA 15.85

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Fuel

Expected Growth : 2.5 %

What the company do ?

Casey's General Stores, Inc. offers various fuel options, including gasoline, diesel, and alternative fuels, at competitive prices, with rewards and discounts for loyalty program members.

Why we expect these perspectives ?

Casey's General Stores, Inc.'s 2.5% fuel growth is driven by increasing same-store sales, strategic pricing, and expanded fuel offerings. Additionally, the company's growing convenience store count, particularly in rural areas, contributes to higher fuel volumes. Furthermore, Casey's loyalty program and mobile app enhancements encourage repeat business and drive fuel sales.

Segment nΒ°2 -> Grocery and General Merchandise

Expected Growth : 2.8 %

What the company do ?

Grocery and General Merchandise from Casey's General Stores, Inc. offers a wide range of food, beverages, and everyday essentials at convenient locations.

Why we expect these perspectives ?

Casey's General Stores, Inc.'s 2.8% growth in Grocery and General Merchandise is driven by increasing same-store sales, successful private label offerings, and strategic pricing initiatives. Additionally, the company's focus on enhancing the customer shopping experience through remodels and technology investments has contributed to the growth.

Segment nΒ°3 -> Prepared Food and Dispensed Beverage

Expected Growth : 3.2 %

What the company do ?

Prepared Food and Dispensed Beverage from Casey's General Stores, Inc. refers to made-to-order sandwiches, salads, and beverages like coffee and fountain drinks.

Why we expect these perspectives ?

Casey's Prepared Food and Dispensed Beverage segment growth of 3.2% is driven by increased demand for convenience and quality food options, successful implementation of digital marketing strategies, and expansion of mobile ordering and curbside pickup services, as well as favorable weather conditions and strategic pricing initiatives.

Segment nΒ°4 -> Other

Expected Growth : 2.2 %

What the company do ?

Other from Casey's General Stores, Inc. refers to revenue generated from non-fuel and non-merchandise sales, including commissions from lottery tickets and prepaid phone cards.

Why we expect these perspectives ?

Casey's General Stores, Inc.'s 2.2% growth in 'Other' segment is driven by increased sales of private label products, expansion of grocery and general merchandise offerings, and strategic partnerships to enhance customer experience. Additionally, the company's focus on digital transformation, including mobile apps and online ordering, has contributed to the growth.

Casey'S General Stores, Inc. Products

Product Range What is it ?
Fuel Casey's General Stores, Inc. operates a chain of convenience stores that offer a range of fuel options, including gasoline, diesel, and alternative fuels.
Food and Beverages Casey's offers a variety of prepared foods, including pizza, sandwiches, salads, and snacks, as well as a range of hot and cold beverages.
Convenience Items Casey's stores carry a range of convenience items, including groceries, health and beauty aids, and other everyday essentials.
Private Label Products Casey's offers a range of private label products, including coffee, water, and snacks, under its own brand names.
Pizza Delivery Many Casey's locations offer pizza delivery, allowing customers to order hot, fresh pizzas and have them delivered to their doorstep.

Casey's General Stores, Inc.'s Porter Forces

Casey's General Stores, Inc. faces moderate threat from substitutes due to the presence of alternative convenience stores and grocery stores that offer similar products and services.

Casey's General Stores, Inc. has a low bargaining power of customers due to its strong brand presence and limited switching costs for customers.

Casey's General Stores, Inc. faces moderate bargaining power of suppliers due to the presence of multiple suppliers for its products and services.

Casey's General Stores, Inc. faces low threat from new entrants due to the high barriers to entry in the convenience store industry, including high capital requirements and regulatory hurdles.

Casey's General Stores, Inc. operates in a highly competitive industry with many established players, leading to a high intensity of rivalry among competitors.

Capital Structure

Value
Debt Weight 38.61%
Debt Cost 4.07%
Equity Weight 61.39%
Equity Cost 8.06%
WACC 6.52%
Leverage 62.89%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
DKS DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, …
ASO Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States. The company sells coolers and drinkware, camping accessories, …
MUSA Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands. As of …
BBWI Bath & Body Works, Inc. operates a specialty retailer of home fragrance, body care, and soaps and sanitizer products. The company sells its products under the Bath & Body Works, …
GPC Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates through Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
419.69$
Current Price
419.69$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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