MPLX LP
NYSE:MPLX

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MPLX LP
NYSE:MPLX
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Price: 47.44 USD 0.34%
Market Cap: 48.3B USD
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Relative Value

The Relative Value of one MPLX stock under the Base Case scenario is 51.59 USD. Compared to the current market price of 47.44 USD, MPLX LP is Undervalued by 8%.

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.

MPLX Relative Value
Base Case
51.59 USD
Undervaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
24
Median 3Y
3.1
Median 5Y
2.8
Industry
1.2
Forward
3.9
vs History
6
vs Industry
22
Median 3Y
9.7
Median 5Y
9.2
Industry
9.4
Forward
11.1
vs History
1
vs Industry
15
Median 3Y
6.7
Median 5Y
6.1
Industry
4.7
vs History
50
vs Industry
21
Median 3Y
8.9
Median 5Y
8.8
Industry
9.7
vs History
1
vs Industry
10
Median 3Y
2.9
Median 5Y
2.5
Industry
1.1
vs History
1
vs Industry
23
Median 3Y
4.9
Median 5Y
4.9
Industry
1.7
Forward
5.3
vs History
4
vs Industry
21
Median 3Y
8.6
Median 5Y
8.5
Industry
4.3
vs History
7
vs Industry
15
Median 3Y
9.2
Median 5Y
9.2
Industry
5.8
Forward
9.6
vs History
25
vs Industry
16
Median 3Y
11.7
Median 5Y
11.8
Industry
8.3
Forward
12.1
vs History
1
vs Industry
15
Median 3Y
10.6
Median 5Y
10
Industry
6.3
vs History
20
vs Industry
20
Median 3Y
12.7
Median 5Y
12.7
Industry
10.4
vs History
1
vs Industry
22
Median 3Y
1.6
Median 5Y
1.4
Industry
0.9

Multiples Across Competitors

MPLX Competitors Multiples
MPLX LP 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
MPLX LP
NYSE:MPLX
48.1B USD 4.1 11.2 9.9 12.2
CA
Enbridge Inc
TSX:ENB
129.4B CAD 2.7 20.5 15.3 23.6
US
Enterprise Products Partners LP
NYSE:EPD
66.9B USD 1.2 11.5 10.3 13.9
US
Williams Companies Inc
NYSE:WMB
65.2B USD 6.2 22.6 15.3 24.5
US
Energy Transfer LP
NYSE:ET
64.1B USD 0.8 14.1 8.9 13.6
US
Kinder Morgan Inc
NYSE:KMI
59.6B USD 3.9 23.5 13.5 20.8
US
ONEOK Inc
NYSE:OKE
57.9B USD 2.9 20.8 15 18.5
CA
TC Energy Corp
TSX:TRP
68.4B CAD 4.1 13.4 13.4 18.9
US
Cheniere Energy Inc
NYSE:LNG
46.5B USD 2.9 12.8 8.3 9.8
US
Targa Resources Corp
NYSE:TRGP
37.4B USD 2.4 31.1 12.7 19.4
US
Cheniere Energy Partners LP
NYSE:CQP
25.2B USD 2.8 11.3 9.3 11.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
MPLX LP
NYSE:MPLX
Average EV/EBITDA: 12
9.9
20%
0.5
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
15.3
28%
0.5
US
Energy Transfer LP
NYSE:ET
8.9
37%
0.2
US
Kinder Morgan Inc
NYSE:KMI
13.5
33%
0.4
US
ONEOK Inc
NYSE:OKE
15
80%
0.2
CA
TC Energy Corp
TSX:TRP
13.4
22%
0.6
US
Cheniere Energy Inc
NYSE:LNG
8.3
-56%
N/A
US
Targa Resources Corp
NYSE:TRGP
12.7
30%
0.4
US
Cheniere Energy Partners LP
NYSE:CQP
9.3
-34%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
MPLX LP
NYSE:MPLX
Average EV/EBIT: 16.9
12.2
19%
0.6
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
24.5
28%
0.9
US
Energy Transfer LP
NYSE:ET
13.6
42%
0.3
US
Kinder Morgan Inc
NYSE:KMI
20.8
26%
0.8
US
ONEOK Inc
NYSE:OKE
18.5
49%
0.4
CA
TC Energy Corp
TSX:TRP
18.9
25%
0.8
US
Cheniere Energy Inc
NYSE:LNG
9.8
-62%
N/A
US
Targa Resources Corp
NYSE:TRGP
19.4
-8%
N/A
US
Cheniere Energy Partners LP
NYSE:CQP
11.1
-40%
N/A

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