Obermatt

Casey's

NSQ:CASY · US1475281036
Food & Staples RetailingX-Large

360

67
EV / EBIT5
Price / Owner Earnings15
Owner Earnings Yield37
Dividend Yield55
Price/Sales28
EV / Gross Profit6
Price/Book10
Return on Capital71
Cash Return on Capital72
Return on Equity77
EBIT Margin73
Gross Profitability51
Cash Conversion17
Accruals17
Owner Earnings Margin72
Sales growth77
Profit Growth56
Long-Term EPS Growth88
Owner Earnings Growth56
Reinvestment68
Price momentum92
Debt load65
Refinancing29
Debt Payback64
Liquidity69
Analyst ratings75
Opinion Changes78
Price Target Upside14
Market mood89
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Casey's generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryFood & Staples Retailing
SizeX-Large
TypePublic Company
ExchangeNASDAQGS
Founded1967
Employees4,411
Websitecaseys.com
ISINUS1475281036
Last UpdateApr 2, 2026
Themes
Fast-Moving Consumer GoodsE-CommerceFood and Beverage

Description

Casey's General Stores, Inc. and its direct and indirect wholly-owned subsidiaries operate convenience stores primarily under the names ‘Casey's’ and ‘Casey’s General Store’ (collectively, with the stores referenced as ‘GoodStop’, ‘CEFCO’, ‘Bucky's’,…

Analysis

Hope premium

Casey's General Stores, Inc. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 66.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 22% a year, against analyst forecasts of 16%. The gap between price and consensus is worth watching: demanding expectations.

Growth is solid; the safety picture is sturdy. The company scores 14/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
71
2023202420252026

All-time high

81

Oct 2025

All-time low

19

Jan 2023

Average rank

66

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
28
30
44
57
Price/Earnings
1
22
35
26
Price/Book
10
24
33
44
Dividend Yield
55
44
42
43
Value (overall)
6
8
17
27

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →