WallStSmart

Delixy Holdings Limited Ordinary Shares (DLXY)vsUltrapar Participacoes SA ADR (UGP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Ultrapar Participacoes SA ADR generates 53273% more annual revenue ($145.79B vs $273.15M). UGP leads profitability with a 2.1% profit margin vs 0.4%. UGP earns a higher WallStSmart Score of 65/100 (B-).

DLXY

Hold

40

out of 100

Grade: F

Growth: 4.0Profit: 6.0Value: 5.0Quality: 5.0
Piotroski: 2/9Altman Z: 11.58

UGP

Strong Buy

65

out of 100

Grade: B-

Growth: 6.0Profit: 6.5Value: 7.7Quality: 6.5
Piotroski: 4/9Altman Z: 3.98

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DLXY3 strengths · Avg: 9.3/10
Return on EquityProfitability
84.7%10/10

Every $100 of equity generates 85 in profit

Altman Z-ScoreHealth
11.5810/10

Safe zone — low bankruptcy risk

EPS GrowthGrowth
24.4%8/10

Earnings expanding 24.4% YoY

UGP6 strengths · Avg: 9.3/10
P/E RatioValuation
8.9x10/10

Attractively priced relative to earnings

Return on EquityProfitability
90.7%10/10

Every $100 of equity generates 91 in profit

EPS GrowthGrowth
167.4%10/10

Earnings expanding 167.4% YoY

Altman Z-ScoreHealth
3.9810/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.788/10

Growing faster than its price suggests

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

DLXY4 concerns · Avg: 3.0/10
Market CapQuality
$8.09M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.4%3/10

0.4% margin — thin

Operating MarginProfitability
0.4%3/10

Operating margin of 0.4%

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

UGP3 concerns · Avg: 3.0/10
Profit MarginProfitability
2.1%3/10

2.1% margin — thin

Operating MarginProfitability
5.0%3/10

Operating margin of 5.0%

Debt/EquityHealth
1.283/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : DLXY

The strongest argument for DLXY centers on Return on Equity, Altman Z-Score, EPS Growth.

Bull Case : UGP

The strongest argument for UGP centers on P/E Ratio, Return on Equity, EPS Growth. Revenue growth of 10.3% demonstrates continued momentum. PEG of 0.78 suggests the stock is reasonably priced for its growth.

Bear Case : DLXY

The primary concerns for DLXY are Market Cap, Profit Margin, Operating Margin. Debt-to-equity of 38.25 is elevated, increasing financial risk. Thin 0.4% margins leave little buffer for downturns.

Bear Case : UGP

The primary concerns for UGP are Profit Margin, Operating Margin, Debt/Equity. Thin 2.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

UGP is growing revenue faster at 10.3% — sustainability is the question.

UGP generates stronger free cash flow (171M), providing more financial flexibility.

Monitor OIL & GAS REFINING & MARKETING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

UGP scores higher overall (65/100 vs 40/100) and 10.3% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Delixy Holdings Limited Ordinary Shares

ENERGY · OIL & GAS REFINING & MARKETING · USA

Delixy Holdings Limited, an investment holding company, engages in the wholesale trading of crude oil and oil-based products in Southeast Asia, East Asia, and the Middle East.

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Ultrapar Participacoes SA ADR

ENERGY · OIL & GAS REFINING & MARKETING · USA

Ultrapar Participaes SA is engaged in the gas distribution, fuel distribution, chemical products, storage and pharmacy businesses mainly in Brazil, Mexico, Uruguay, Venezuela, other Latin American countries, the United States, Canada, the Far East, Europe and internationally. The company is headquartered in So Paulo, Brazil.

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