Energy Transfer LP
NYSE:ET

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Energy Transfer LP
NYSE:ET
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Price: 17.42 USD -0.97% Market Closed
Market Cap: 59.8B USD

Relative Value

The Relative Value of one ET stock under the Base Case scenario is 32.76 USD. Compared to the current market price of 17.42 USD, Energy Transfer LP is Undervalued by 47%.

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.

ET Relative Value
Base Case
32.76 USD
Undervaluation 47%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
60
Median 3Y
0.5
Median 5Y
0.4
Industry
1.2
Forward
0.6
vs History
14
vs Industry
16
Median 3Y
11.5
Median 5Y
8
Industry
9.8
Forward
11.6
vs History
7
vs Industry
22
Median 3Y
4
Median 5Y
3.4
Industry
4.6
vs History
74
vs Industry
33
Median 3Y
5.8
Median 5Y
5.8
Industry
9.9
vs History
7
vs Industry
23
Median 3Y
1.2
Median 5Y
0.9
Industry
1.1
vs History
19
vs Industry
49
Median 3Y
1.1
Median 5Y
1.2
Industry
1.8
Forward
1.3
vs History
7
vs Industry
32
Median 3Y
4.9
Median 5Y
4.7
Industry
4.4
vs History
7
vs Industry
20
Median 3Y
7.1
Median 5Y
6.7
Industry
5.9
Forward
7.1
vs History
7
vs Industry
17
Median 3Y
10.9
Median 5Y
10.2
Industry
8.3
Forward
10.8
vs History
7
vs Industry
16
Median 3Y
9.1
Median 5Y
8.6
Industry
6.2
vs History
28
vs Industry
16
Median 3Y
14.1
Median 5Y
14.4
Industry
10.6
vs History
12
vs Industry
36
Median 3Y
0.9
Median 5Y
0.8
Industry
0.9

Multiples Across Competitors

ET Competitors Multiples
Energy Transfer LP Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Energy Transfer LP
NYSE:ET
59.6B USD 0.7 13.6 8.4 12.9
CA
Enbridge Inc
TSX:ENB
139.4B CAD 2.6 27.6 15.5 23.6
US
Williams Companies Inc
NYSE:WMB
72B USD 6.9 32.4 17.5 29.1
US
Enterprise Products Partners LP
NYSE:EPD
67.6B USD 1.2 11.6 10.4 14
US
Kinder Morgan Inc
NYSE:KMI
59.7B USD 3.8 23.2 13.4 20.8
US
MPLX LP
NYSE:MPLX
53.5B USD 4.5 12.5 10.9 13.5
US
Cheniere Energy Inc
NYSE:LNG
52.2B USD 3.3 16.1 9.9 11.9
CA
TC Energy Corp
TSX:TRP
71.6B CAD 5.2 15.6 14.8 21.9
US
ONEOK Inc
NYSE:OKE
50.2B USD 2.3 16.6 13 15.9
US
Targa Resources Corp
NYSE:TRGP
38.7B USD 2.4 30.5 12.7 19.4
US
Cheniere Energy Partners LP
NYSE:CQP
28.7B USD 3.3 13.9 10.9 13.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Energy Transfer LP
NYSE:ET
Average EV/EBITDA: 12.5
8.4
9%
0.9
CA
Enbridge Inc
TSX:ENB
15.5
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.5
17%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.4
7%
1.5
US
Kinder Morgan Inc
NYSE:KMI
13.4
11%
1.2
US
MPLX LP
NYSE:MPLX
10.9
7%
1.6
US
Cheniere Energy Inc
NYSE:LNG
9.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
14.8
13%
1.1
US
ONEOK Inc
NYSE:OKE
13
15%
0.9
US
Targa Resources Corp
NYSE:TRGP
12.7
13%
1
US
Cheniere Energy Partners LP
NYSE:CQP
10.9
-2%
N/A