Hess Midstream LP
NYSE:HESM

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Hess Midstream LP Logo
Hess Midstream LP
NYSE:HESM
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Price: 38.78 USD -0.46% Market Closed
Market Cap: 8.8B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one HESM stock under the Base Case scenario is 45.7 USD. Compared to the current market price of 38.78 USD, Hess Midstream LP is Undervalued by 15%.

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.

HESM Relative Value
Base Case
45.7 USD
Undervaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.7
P/S
P/S
Price to Sales
5.7
vs History
6
vs Industry
18
Median 3Y
5.1
Median 5Y
4.9
Industry
1.2
Forward
5
More Details
37.9
P/E
P/E
Price to Earnings
37.9
vs History
95
vs Industry
5
Median 3Y
65.1
Median 5Y
72
Industry
9.8
Forward
12.6
More Details
9
P/OCF
P/OCF
Price to OCF
9
vs History
4
vs Industry
14
Median 3Y
7.7
Median 5Y
7.4
Industry
4.6
More Details
9.4
P/FCFE
P/FCFE
Price to FCFE
9.4
vs History
15
vs Industry
23
Median 3Y
7.3
Median 5Y
6.9
Industry
9.9
More Details
15.9
P/B
P/B
Price to Book Value
15.9
vs History
90
vs Industry
1
Median 3Y
20.7
Median 5Y
24.1
Industry
1.1
More Details
8
EV/S
EV/S
Enterprise Value to Sales
8
vs History
6
vs Industry
18
Median 3Y
7.5
Median 5Y
7.1
Industry
1.8
Forward
7
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
4.4
More Details
10.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.6
vs History
7
vs Industry
15
Median 3Y
9.9
Median 5Y
9.5
Industry
5.9
Forward
9.2
More Details
12.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12.9
vs History
9
vs Industry
16
Median 3Y
12.2
Median 5Y
11.7
Industry
8.3
Forward
11.1
More Details
12.7
EV/OCF
EV/OCF
Enterprise Value to OCF
12.7
vs History
6
vs Industry
14
Median 3Y
11.3
Median 5Y
10.8
Industry
6.2
More Details
18.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
18.8
vs History
22
vs Industry
15
Median 3Y
15.2
Median 5Y
16.2
Industry
10.6
More Details
2.9
EV/IC
EV/IC
Enterprise Value to IC
2.9
vs History
6
vs Industry
12
Median 3Y
2.7
Median 5Y
2.5
Industry
0.9
More Details

Multiples Across Competitors

HESM Competitors Multiples
Hess Midstream LP Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Hess Midstream LP
NYSE:HESM
8.5B USD 5.7 37.9 10.6 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
Energy Transfer LP
NYSE:ET
59.7B 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
50.3B 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
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Hess Midstream LP
NYSE:HESM
Average EV/EBITDA: 12.5
10.6
11%
1
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
Hess Midstream LP
NYSE:HESM
Average EV/EBIT: 17.8
12.9
12%
1.1
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

See Also

Summary
HESM intrinsic value, competitors valuation, and company profile.
DCF Valuation
HESM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HESM stock valuation using valuation multiples.
Wall Street Estimates
HESM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HESM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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