Genesis Energy LP
NYSE:GEL

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Genesis Energy LP
NYSE:GEL
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Price: 15.7 USD 1.55% Market Closed
Market Cap: 1.9B USD

Relative Value

The Relative Value of one GEL stock under the Base Case scenario is 39.84 USD. Compared to the current market price of 15.7 USD, Genesis Energy LP is Undervalued by 61%.

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
39.84 USD
Undervaluation 61%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
31
vs Industry
69
Median 3Y
0.5
Median 5Y
0.5
Industry
1.2
Forward
0.7
vs History
vs Industry
5
Median 3Y
-8.4
Median 5Y
-4.1
Industry
10
Forward
-67.6
vs History
30
vs Industry
38
Median 3Y
3.3
Median 5Y
3.1
Industry
4.9
vs History
vs Industry
Median 3Y
-8.3
Median 5Y
-8.6
Industry
9.9
vs History
0
vs Industry
9
Median 3Y
2.4
Median 5Y
2
Industry
1.2
vs History
42
vs Industry
44
Median 3Y
2
Median 5Y
2.1
Industry
1.7
Forward
2.4
vs History
33
vs Industry
21
Median 3Y
9.5
Median 5Y
9.6
Industry
4.5
vs History
31
vs Industry
15
Median 3Y
10.6
Median 5Y
10.6
Industry
5.9
Forward
11.2
vs History
52
vs Industry
11
Median 3Y
20.8
Median 5Y
25.5
Industry
8.3
vs History
50
vs Industry
15
Median 3Y
14.6
Median 5Y
14.6
Industry
6.4
vs History
vs Industry
Median 3Y
-59.7
Median 5Y
-28.8
Industry
10.8
vs History
4
vs Industry
41
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
1.9B USD 0.6 -12.7 12.2 26.6
CA
Enbridge Inc
TSX:ENB
138B CAD 2.6 27.3 15.4 23.5
US
Williams Companies Inc
NYSE:WMB
74.5B USD 7.1 33.5 17.9 29.8
US
Enterprise Products Partners LP
NYSE:EPD
72.9B USD 1.3 12.5 11 14.8
US
Energy Transfer LP
NYSE:ET
64.6B USD 0.8 14.7 8.7 13.5
US
Kinder Morgan Inc
NYSE:KMI
63.8B USD 4.2 24.6 13.9 21.3
US
ONEOK Inc
NYSE:OKE
59.7B USD 2.7 19.7 14.5 17.8
US
MPLX LP
NYSE:MPLX
54.8B USD 4.6 12.8 11.1 13.8
US
Cheniere Energy Inc
NYSE:LNG
52.3B USD 3.3 16.1 9.9 11.9
CA
TC Energy Corp
TSX:TRP
73.3B CAD 5.3 16 15 22.2
US
Targa Resources Corp
NYSE:TRGP
44.6B USD 2.7 35.2 14.1 21.6
P/E Multiple
Earnings Growth PEG
US
Genesis Energy LP
NYSE:GEL
Average P/E: 21.2
Negative Multiple: -12.7
N/A N/A
CA
Enbridge Inc
TSX:ENB
27.3
15%
1.8
US
Williams Companies Inc
NYSE:WMB
33.5
12%
2.8
US
Enterprise Products Partners LP
NYSE:EPD
12.5
6%
2.1
US
Energy Transfer LP
NYSE:ET
14.7
15%
1
US
Kinder Morgan Inc
NYSE:KMI
24.6
8%
3.1
US
ONEOK Inc
NYSE:OKE
19.7
15%
1.3
US
MPLX LP
NYSE:MPLX
12.8
7%
1.8
US
Cheniere Energy Inc
NYSE:LNG
16.1
-9%
N/A
CA
TC Energy Corp
TSX:TRP
16
-2%
N/A
US
Targa Resources Corp
NYSE:TRGP
35.2
21%
1.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Genesis Energy LP
NYSE:GEL
Average EV/EBITDA: 13.1
12.2
8%
1.5
CA
Enbridge Inc
TSX:ENB
15.4
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.9
16%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
11
7%
1.6
US
Energy Transfer LP
NYSE:ET
8.7
9%
1
US
Kinder Morgan Inc
NYSE:KMI
13.9
11%
1.3
US
ONEOK Inc
NYSE:OKE
14.5
15%
1
US
MPLX LP
NYSE:MPLX
11.1
7%
1.6
US
Cheniere Energy Inc
NYSE:LNG
9.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
15
13%
1.2
US
Targa Resources Corp
NYSE:TRGP
14.1
12%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Genesis Energy LP
NYSE:GEL
Average EV/EBIT: 19.7
26.6
N/A N/A
CA
Enbridge Inc
TSX:ENB
23.5
11%
2.1
US
Williams Companies Inc
NYSE:WMB
29.8
15%
2
US
Enterprise Products Partners LP
NYSE:EPD
14.8
7%
2.1
US
Energy Transfer LP
NYSE:ET
13.5
9%
1.5
US
Kinder Morgan Inc
NYSE:KMI
21.3
13%
1.6
US
ONEOK Inc
NYSE:OKE
17.8
14%
1.3
US
MPLX LP
NYSE:MPLX
13.8
6%
2.3
US
Cheniere Energy Inc
NYSE:LNG
11.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
22.2
16%
1.4
US
Targa Resources Corp
NYSE:TRGP
21.6
16%
1.4