Genesis Energy LP
NYSE:GEL

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Genesis Energy LP
NYSE:GEL
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Price: 14.35 USD 1.27% Market Closed
Market Cap: 1.8B USD

Relative Value

The Relative Value of one GEL stock under the Base Case scenario is 39.61 USD. Compared to the current market price of 14.35 USD, Genesis Energy LP is Undervalued by 64%.

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.

GEL Relative Value
Base Case
39.61 USD
Undervaluation 64%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
6
vs Industry
63
Median 3Y
0.5
Median 5Y
0.5
Industry
1.2
Forward
0.8
vs History
vs Industry
5
Median 3Y
-8.5
Median 5Y
-4.1
Industry
9.8
Forward
-236.8
vs History
3
vs Industry
28
Median 3Y
3.3
Median 5Y
3.2
Industry
4.6
vs History
vs Industry
Median 3Y
-8.8
Median 5Y
-8.6
Industry
9.9
vs History
1
vs Industry
5
Median 3Y
2.4
Median 5Y
2.1
Industry
1.1
vs History
34
vs Industry
38
Median 3Y
2
Median 5Y
2.1
Industry
1.8
Forward
2.9
vs History
28
vs Industry
19
Median 3Y
9.5
Median 5Y
9.6
Industry
4.4
vs History
31
vs Industry
14
Median 3Y
10.6
Median 5Y
10.7
Industry
5.9
Forward
10.9
vs History
49
vs Industry
8
Median 3Y
20.8
Median 5Y
26
Industry
8.3
vs History
12
vs Industry
11
Median 3Y
14.9
Median 5Y
14.8
Industry
6.2
vs History
vs Industry
Median 3Y
-59.7
Median 5Y
-34.1
Industry
10.6
vs History
1
vs Industry
34
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9

Multiples Across Competitors

GEL Competitors Multiples
Genesis Energy LP Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Genesis Energy LP
NYSE:GEL
1.8B USD 0.6 -11.6 11.7 26
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
Energy Transfer LP
NYSE:ET
59.6B USD 0.7 13.6 8.4 12.9
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
P/E Multiple
Earnings Growth PEG
US
Genesis Energy LP
NYSE:GEL
Average P/E: 19.9
Negative Multiple: -11.6
N/A N/A
CA
Enbridge Inc
TSX:ENB
27.6
15%
1.8
US
Williams Companies Inc
NYSE:WMB
32.4
14%
2.3
US
Enterprise Products Partners LP
NYSE:EPD
11.6
6%
1.9
US
Energy Transfer LP
NYSE:ET
13.6
9%
1.5
US
Kinder Morgan Inc
NYSE:KMI
23.2
9%
2.6
US
MPLX LP
NYSE:MPLX
12.5
8%
1.6
US
Cheniere Energy Inc
NYSE:LNG
16.1
-1%
N/A
CA
TC Energy Corp
TSX:TRP
15.6
-2%
N/A
US
ONEOK Inc
NYSE:OKE
16.6
12%
1.4
US
Targa Resources Corp
NYSE:TRGP
30.5
26%
1.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Genesis Energy LP
NYSE:GEL
Average EV/EBITDA: 12.5
11.7
7%
1.7
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
Energy Transfer LP
NYSE:ET
8.4
9%
0.9
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
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Genesis Energy LP
NYSE:GEL
Average EV/EBIT: 19
26
N/A N/A
CA
Enbridge Inc
TSX:ENB
23.6
11%
2.1
US
Williams Companies Inc
NYSE:WMB
29.1
15%
1.9
US
Enterprise Products Partners LP
NYSE:EPD
14
7%
2
US
Energy Transfer LP
NYSE:ET
12.9
9%
1.4
US
Kinder Morgan Inc
NYSE:KMI
20.8
13%
1.6
US
MPLX LP
NYSE:MPLX
13.5
6%
2.3
US
Cheniere Energy Inc
NYSE:LNG
11.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
21.9
16%
1.4
US
ONEOK Inc
NYSE:OKE
15.9
14%
1.1
US
Targa Resources Corp
NYSE:TRGP
19.4
16%
1.2