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The Company As of April 30, 2026, 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 below referenced as "GoodStop (by Casey's)" or "CEFCO", referred to as "Casey's" or the "Company") throughout 19 states, approximately half of which are locat…
$859.12
+$32.08 (+3.88%)
EOD Jul 17, 2026
Revenue grew 10.2%, still solid.
At 45x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
44.8x earnings, 44.4x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$17.56B
▲ +10.2% YoY
Net Income (TTM)
$714M
▲ +30.7% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
$722M
▲ +23.4% YoY
Op. Cash Flow (TTM)
$1.38B
▲ +26.3% YoY
Net Debt
$2.50B
Cash & Equiv.
$523M
5Y CAGR: +15.1%
5Y CAGR: +14.7%
Continue Research
At a P/E of 44.8 and a price-to-free-cash-flow of 44.4, Casey's General Stores (CASY) trades above a two-stage DCF intrinsic value of about $454.06 per share, so at $859.12 the stock looks overvalued (47.1% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Casey's General Stores scores 44/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $454.06 per share for CASY, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $340.54. At today's $859.12, that puts the stock about 47.1% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Casey's General Stores scores 44 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a mixed business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Casey's General Stores pays a regular dividend of about $2.23 per share per year (typically in quarterly installments), a yield of roughly 0.3% at the current price. That is a payout ratio of about 11.6% of earnings, so the dividend is amply covered by earnings. Casey's General Stores has grown the dividend at roughly 12.9% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For CASY's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. CASY currently trades above its estimated intrinsic value and scores 44/100 on quality (mixed). It also yields about 0.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.