14.40% operating margin is respectable but not wide. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 7.9%, steady but not accelerating.
Net debt of $1.33B represents 11.6x FCF, leverage limits flexibility.
8.9x earnings, 11.4x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$1.39B
▲ +7.9% YoY
Net Income (TTM)
$131M
▲ +43.7% YoY
Op. Margin
15.13%
▲ +1.5pp YoY
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
$101M
▲ +13.0% YoY
Op. Cash Flow (TTM)
$181M
▲ +16.0% YoY
Net Debt
$1.32B
Cash & Equiv.
$5M
5Y CAGR: +5.3%
5Y CAGR: -8.4%
Continue Research
SourceComputed from the 10-Q filed 3 Aug 2026, covering the period ending 27 Jun 2026, as reported to the SEC. Data last refreshed 28 Sept 2026. How this is calculated.
Price from market data, last close as of 21 Oct 2026. Fiscal year ends Sep. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Suburban Propane Partners LP (SPH) overvalued?
At a P/E of 8.9 and a price-to-free-cash-flow of 11.4, Suburban Propane Partners LP (SPH) trades above a two-stage DCF intrinsic value of about $6.49 per share, so at $17.30 the stock looks overvalued (62.5% 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, Suburban Propane Partners LP scores 40/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Suburban Propane Partners LP's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $6.49 per share for SPH, 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 $4.87. At today's $17.30, that puts the stock about 62.5% 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.
Is Suburban Propane Partners LP a high-quality business?+
Suburban Propane Partners LP scores 40 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 15.1% operating margin. 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.
Is Suburban Propane Partners LP a good stock to buy right now?+
That depends on valuation and quality together, not either alone. SPH currently trades above its estimated intrinsic value and scores 40/100 on quality (mixed). 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.
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Spot a number that looks wrong? Check it in SPH's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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