Antero Midstream Corp
NYSE:AM

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Antero Midstream Corp
NYSE:AM
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Price: 14.98 USD -0.2% Market Closed
Market Cap: 7.2B USD
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Relative Value

The Relative Value of one AM stock under the Base Case scenario is 15.9 USD. Compared to the current market price of 14.98 USD, Antero Midstream Corp is Undervalued by 6%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AM Relative Value
Base Case
15.9 USD
Undervaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
18
Median 3Y
5.6
Median 5Y
5
Industry
1.2
Forward
6.4
vs History
0
vs Industry
11
Median 3Y
15.8
Median 5Y
13.6
Industry
9.4
Forward
17.6
vs History
0
vs Industry
13
Median 3Y
7.5
Median 5Y
6.2
Industry
4.7
vs History
0
vs Industry
12
Median 3Y
18.9
Median 5Y
13.9
Industry
9.7
vs History
0
vs Industry
10
Median 3Y
2.4
Median 5Y
2
Industry
1.1
vs History
0
vs Industry
18
Median 3Y
9
Median 5Y
8.6
Industry
1.7
Forward
9.2
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
4.3
vs History
3
vs Industry
13
Median 3Y
11.2
Median 5Y
10.6
Industry
5.8
Forward
9.7
vs History
4
vs Industry
12
Median 3Y
15.3
Median 5Y
14.3
Industry
8.3
Forward
13
vs History
1
vs Industry
14
Median 3Y
11.9
Median 5Y
10.5
Industry
6.3
vs History
36
vs Industry
17
Median 3Y
18.7
Median 5Y
17.6
Industry
10.4
vs History
0
vs Industry
21
Median 3Y
1.5
Median 5Y
1.4
Industry
0.9

Multiples Across Competitors

AM Competitors Multiples
Antero Midstream Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Antero Midstream Corp
NYSE:AM
7.2B USD 6.7 18.5 12.2 16.3
CA
Enbridge Inc
TSX:ENB
130.1B CAD 2.7 20.7 15.3 23.6
US
Enterprise Products Partners LP
NYSE:EPD
66.7B USD 1.2 11.5 10.3 13.9
US
Williams Companies Inc
NYSE:WMB
65.5B USD 6.2 22.6 15.4 24.6
US
Energy Transfer LP
NYSE:ET
64.5B USD 0.8 14 8.9 13.6
US
Kinder Morgan Inc
NYSE:KMI
59.9B USD 3.9 23.5 13.6 20.9
US
ONEOK Inc
NYSE:OKE
58.7B USD 2.9 21 15.2 18.7
US
MPLX LP
NYSE:MPLX
48.6B USD 4.1 11.3 10 12.3
CA
TC Energy Corp
TSX:TRP
68.6B CAD 4.1 13.5 13.4 19
US
Cheniere Energy Inc
NYSE:LNG
47B USD 2.9 12.9 8.4 9.9
US
Targa Resources Corp
NYSE:TRGP
38.8B USD 2.4 31.5 13 19.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Antero Midstream Corp
NYSE:AM
Average EV/EBITDA: 12.3
12.2
40%
0.3
CA
Enbridge Inc
TSX:ENB
15.3
51%
0.3
US
Enterprise Products Partners LP
NYSE:EPD
10.3
24%
0.4
US
Williams Companies Inc
NYSE:WMB
15.4
28%
0.6
US
Energy Transfer LP
NYSE:ET
8.9
37%
0.2
US
Kinder Morgan Inc
NYSE:KMI
13.6
33%
0.4
US
ONEOK Inc
NYSE:OKE
15.2
80%
0.2
US
MPLX LP
NYSE:MPLX
10
20%
0.5
CA
TC Energy Corp
TSX:TRP
13.4
22%
0.6
US
Cheniere Energy Inc
NYSE:LNG
8.4
-56%
N/A
US
Targa Resources Corp
NYSE:TRGP
13
30%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Antero Midstream Corp
NYSE:AM
Average EV/EBIT: 17.5
16.3
50%
0.3
CA
Enbridge Inc
TSX:ENB
23.6
55%
0.4
US
Enterprise Products Partners LP
NYSE:EPD
13.9
27%
0.5
US
Williams Companies Inc
NYSE:WMB
24.6
28%
0.9
US
Energy Transfer LP
NYSE:ET
13.6
42%
0.3
US
Kinder Morgan Inc
NYSE:KMI
20.9
26%
0.8
US
ONEOK Inc
NYSE:OKE
18.7
49%
0.4
US
MPLX LP
NYSE:MPLX
12.3
19%
0.6
CA
TC Energy Corp
TSX:TRP
19
25%
0.8
US
Cheniere Energy Inc
NYSE:LNG
9.9
-62%
N/A
US
Targa Resources Corp
NYSE:TRGP
19.9
-8%
N/A

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