Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Ultrapar Participacoes's 3-Year RORE % for the quarter that ended in Mar. 2026 was 2.85%.
The industry rank for Ultrapar Participacoes's 3-Year RORE % or its related term are showing as below:
UGP's 3-Year RORE % is ranked better than 57.65% of 921
companies
in the Oil & Gas industry
Industry Median: 1.22
vs UGP: 2.85
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Ultrapar Participacoes 3-Year RORE % Related Terms
Ultrapar Participacoes 3-Year RORE % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ultrapar Participacoes 3-Year RORE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Ultrapar Participacoes's 3-Year RORE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.
Ultrapar Participacoes (UGP) has a 3-Year RORE % of 2.85 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Ultrapar Participacoes and its competitors. According to the industry distribution chart, Ultrapar Participacoes ranks #390 out of 921 companies in the Oil & Gas industry, placing it in the top 42.3%.
Is Ultrapar Participacoes' 3-Year RORE % too high?
Ultrapar Participacoes' current 3-Year RORE % is 2.85. The Oil & Gas industry median 3-Year RORE % is 1.22. Ultrapar Participacoes' value of 2.85 is 133.6% above this industry median. Based on the distribution chart, Ultrapar Participacoes ranks #390 out of 921 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ultrapar Participacoes has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' 3-Year RORE % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ultrapar Participacoes ranks #390 out of 921 companies for 3-Year RORE %. This puts Ultrapar Participacoes in the upper half of its industry. The industry median 3-Year RORE % is 1.22. Ultrapar Participacoes' value of 2.85 is 133.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Oil & Gas company?
The median 3-Year RORE % among Oil & Gas companies is 1.22, based on 921 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultrapar Participacoes's current 3-Year RORE % of 2.85 is 133.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Ultrapar Participacoes and its competitors. For the Oil & Gas industry, the median 3-Year RORE % is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrapar Participacoes's current 3-Year RORE % is 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Ultrapar Participacoes (UGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.32, compared to a current price of $5.07 — trading 17.4% above its estimated fair value. The current 3-Year RORE % is 2.85 and 133.6% above the Oil & Gas industry median of 1.22. Ultrapar Participacoes' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Ultrapar Participacoes (UGP), the current 3-Year RORE % is 2.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ultrapar Participacoes (UGP) Overvalued in 2026?
Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued.
The current stock price of $5.07 is trading 17.4% above its estimated GF Value™ of $4.32.
GuruFocus considers Ultrapar Participacoes to be Modestly Overvalued.
Key valuation signals for UGP:
3-Year RORE %: 2.85
GF Value™: $4.32 vs. price of $5.07 (17.4% above fair value)
Industry Position: 133.6% above the Oil & Gas median (#390 of 921)
No single metric tells the full story. See the UGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
81GF Score
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