Delek Logistics Partners Stock Beta
| DKL Stock | USD 39.76 0.13 0.33% |
Delek Logistics Partners fundamentals help investors to digest information that contributes to Delek Logistics' financial success or failures. It also enables traders to predict the movement of Delek Stock. The fundamental analysis module provides a way to measure Delek Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Delek Logistics stock.
Delek | Beta |
Delek Logistics Partners Company Beta Analysis
Delek Logistics' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Delek Logistics Beta | 2.1 |
Most of Delek Logistics' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Delek Logistics Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Delek Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Delek Logistics is extremely important. It helps to project a fair market value of Delek Stock properly, considering its historical fundamentals such as Beta. Since Delek Logistics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Delek Logistics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Delek Logistics' interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Delek Logistics Partners has a Beta of 2.098. This is 23.41% higher than that of the Oil, Gas & Consumable Fuels sector and 61.38% higher than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.
Delek Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Delek Logistics' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Delek Logistics could also be used in its relative valuation, which is a method of valuing Delek Logistics by comparing valuation metrics of similar companies.Delek Logistics is currently under evaluation in beta category among its peers.
Delek Logistics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Delek Logistics from analyzing Delek Logistics' financial statements. These drivers represent accounts that assess Delek Logistics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Delek Logistics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 713.4M | 780.2M | 1.9B | 2.0B | 1.9B | 2.0B | |
| Enterprise Value | 1.4B | 1.6B | 2.8B | 3.6B | 3.6B | 3.8B |
Delek Logistics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Delek Logistics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Delek Logistics' managers, analysts, and investors.Environmental | Governance | Social |
Delek Logistics Institutional Holders
Institutional Holdings refers to the ownership stake in Delek Logistics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Delek Logistics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Delek Logistics' value.| Shares | Natixis Sa | 2024-06-30 | 166.7 K | Kornitzer Capital Management Inc | 2024-09-30 | 140 K | First Trust Advisors L.p. | 2024-06-30 | 138.8 K | Citadel Advisors Llc | 2024-06-30 | 138.1 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 95.8 K | Atlantic Trust Group, Llc | 2024-06-30 | 81.2 K | Castellan Group, Llc | 2024-06-30 | 79.6 K | Blackstone Inc | 2024-06-30 | 65.9 K | Wells Fargo & Co | 2024-06-30 | 64.3 K | Alps Advisors Inc | 2024-06-30 | 2.2 M | Amvescap Plc. | 2024-06-30 | 1.7 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Delek Logistics will likely underperform.
Delek Fundamentals
| Return On Asset | 0.0766 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 3.94 B | |||
| Shares Outstanding | 51.47 M | |||
| Shares Owned By Insiders | 67.22 % | |||
| Shares Owned By Institutions | 14.80 % | |||
| Number Of Shares Shorted | 628.3 K | |||
| Price To Earning | 12.25 X | |||
| Price To Sales | 2.07 X | |||
| Revenue | 1.02 B | |||
| Gross Profit | 309.61 M | |||
| EBITDA | 370.28 M | |||
| Net Income | 126.24 M | |||
| Cash And Equivalents | 7.97 M | |||
| Cash Per Share | 0.32 X | |||
| Total Debt | 1.72 B | |||
| Debt To Equity | (35.06) % | |||
| Current Ratio | 0.39 X | |||
| Book Value Per Share | (2.45) X | |||
| Cash Flow From Operations | 225.32 M | |||
| Short Ratio | 2.88 X | |||
| Earnings Per Share | 2.82 X | |||
| Price To Earnings To Growth | 0.77 X | |||
| Target Price | 44.0 | |||
| Beta | 2.1 | |||
| Market Capitalization | 2.04 B | |||
| Total Asset | 1.64 B | |||
| Retained Earnings | 485.59 M | |||
| Working Capital | (14.32 M) | |||
| Current Asset | 47.04 M | |||
| Current Liabilities | 20.69 M | |||
| Annual Yield | 0.11 % | |||
| Five Year Return | 10.36 % | |||
| Net Asset | 1.64 B | |||
| Last Dividend Paid | 4.32 |
About Delek Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Delek Logistics Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delek Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delek Logistics Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Delek Logistics Piotroski F Score and Delek Logistics Altman Z Score analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delek Logistics. If investors know Delek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delek Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 4.315 | Earnings Share 2.82 | Revenue Per Share 21.606 | Quarterly Revenue Growth (0.22) |
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.