WallStSmart

Southwest Gas Holdings Inc (SWX)vsUGI Corporation (UGI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

UGI Corporation generates 314% more annual revenue ($7.36B vs $1.78B). SWX leads profitability with a 26.1% profit margin vs 8.7%. SWX appears more attractively valued with a PEG of 2.20. SWX earns a higher WallStSmart Score of 65/100 (B-).

SWX

Strong Buy

65

out of 100

Grade: B-

Growth: 4.0Profit: 7.0Value: 4.0Quality: 4.8
Piotroski: 4/9Altman Z: 0.63

UGI

Buy

62

out of 100

Grade: C+

Growth: 4.0Profit: 7.0Value: 6.7Quality: 3.8
Piotroski: 3/9Altman Z: 1.26
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SWXSignificantly Overvalued (-29.1%)

Margin of Safety

-29.1%

Fair Value

$66.62

Current Price

$89.13

$22.51 premium

UndervaluedFair: $66.62Overvalued
UGIUndervalued (+20.5%)

Margin of Safety

+20.5%

Fair Value

$47.97

Current Price

$32.45

$15.52 discount

UndervaluedFair: $47.97Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SWX4 strengths · Avg: 8.8/10
Operating MarginProfitability
37.9%10/10

Strong operational efficiency at 37.9%

Profit MarginProfitability
26.1%9/10

Keeps 26 of every $100 in revenue as profit

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

EPS GrowthGrowth
20.9%8/10

Earnings expanding 20.9% YoY

UGI3 strengths · Avg: 10.0/10
P/E RatioValuation
11.4x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
30.6%10/10

Strong operational efficiency at 30.6%

Areas to Watch

SWX4 concerns · Avg: 3.3/10
PEG RatioValuation
2.204/10

Expensive relative to growth rate

P/E RatioValuation
27.0x4/10

Moderate valuation

Return on EquityProfitability
6.1%3/10

ROE of 6.1% — below average capital efficiency

Revenue GrowthGrowth
-21.6%2/10

Revenue declined 21.6%

UGI4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
0.7%4/10

0.7% revenue growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
48.822/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.262/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : SWX

The strongest argument for SWX centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 26.1% and operating margin at 37.9%.

Bull Case : UGI

The strongest argument for UGI centers on P/E Ratio, Price/Book, Operating Margin.

Bear Case : SWX

The primary concerns for SWX are PEG Ratio, P/E Ratio, Return on Equity.

Bear Case : UGI

The primary concerns for UGI are Revenue Growth, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

SWX profiles as a declining stock while UGI is a value play — different risk/reward profiles.

UGI carries more volatility with a beta of 0.97 — expect wider price swings.

UGI is growing revenue faster at 0.7% — sustainability is the question.

UGI generates stronger free cash flow (494M), providing more financial flexibility.

Bottom Line

SWX scores higher overall (65/100 vs 62/100), backed by strong 26.1% margins. UGI offers better value entry with a 20.5% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Southwest Gas Holdings Inc

UTILITIES · UTILITIES - REGULATED GAS · USA

Southwest Gas Holdings, Inc. purchases, distributes and transports natural gas in Arizona, Nevada and California. The company is headquartered in Las Vegas, Nevada.

UGI Corporation

UTILITIES · UTILITIES - REGULATED GAS · USA

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company is headquartered in King of Prussia, Pennsylvania.

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