Pembina Pipeline Corp
TSX:PPL

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Pembina Pipeline Corp
TSX:PPL
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Price: 57.25 CAD -0.47% Market Closed
Market Cap: 33.2B CAD

Relative Value

The Relative Value of one PPL stock under the Base Case scenario is 57.6 CAD. Compared to the current market price of 57.25 CAD, Pembina Pipeline Corp is Undervalued by 1%.

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.

PPL Relative Value
Base Case
57.6 CAD
Undervaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
21
Median 3Y
2.6
Median 5Y
2.6
Industry
1.2
Forward
4
vs History
9
vs Industry
12
Median 3Y
16.8
Median 5Y
15.4
Industry
10
Forward
18.2
vs History
7
vs Industry
13
Median 3Y
9.4
Median 5Y
8.7
Industry
4.9
vs History
44
vs Industry
23
Median 3Y
15.7
Median 5Y
10.7
Industry
9.9
vs History
4
vs Industry
22
Median 3Y
1.6
Median 5Y
1.5
Industry
1.2
vs History
0
vs Industry
22
Median 3Y
3.7
Median 5Y
4.1
Industry
1.7
Forward
5.4
vs History
12
vs Industry
14
Median 3Y
12.4
Median 5Y
12.3
Industry
4.5
vs History
17
vs Industry
14
Median 3Y
11.1
Median 5Y
10.8
Industry
5.9
Forward
10
vs History
19
vs Industry
15
Median 3Y
13.9
Median 5Y
13.9
Industry
8.3
Forward
13
vs History
12
vs Industry
14
Median 3Y
13.1
Median 5Y
12.7
Industry
6.4
vs History
28
vs Industry
15
Median 3Y
17.4
Median 5Y
18.3
Industry
10.8
vs History
4
vs Industry
27
Median 3Y
1.2
Median 5Y
1.1
Industry
0.9

Multiples Across Competitors

PPL Competitors Multiples
Pembina Pipeline Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Pembina Pipeline Corp
TSX:PPL
33.3B CAD 4.5 19.3 11.9 15.5
CA
Enbridge Inc
TSX:ENB
138.2B CAD 2.6 27.3 15.4 23.5
US
Williams Companies Inc
NYSE:WMB
74.2B USD 7.1 33.4 17.9 29.8
US
Enterprise Products Partners LP
NYSE:EPD
72.6B USD 1.3 12.4 10.9 14.7
US
Energy Transfer LP
NYSE:ET
64.6B USD 0.8 14.7 8.7 13.5
US
Kinder Morgan Inc
NYSE:KMI
64B USD 4.2 24.7 13.9 21.4
US
ONEOK Inc
NYSE:OKE
59.7B USD 2.8 19.7 14.5 17.8
US
MPLX LP
NYSE:MPLX
54.3B USD 4.5 12.7 11 13.7
US
Cheniere Energy Inc
NYSE:LNG
52B USD 3.3 16 9.8 11.8
CA
TC Energy Corp
TSX:TRP
72.5B CAD 5.3 15.8 14.9 22
US
Targa Resources Corp
NYSE:TRGP
44.8B USD 2.7 35.3 14.2 21.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Pembina Pipeline Corp
TSX:PPL
Average EV/EBITDA: 13
11.9
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
10.9
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
7%
1.6
US
Cheniere Energy Inc
NYSE:LNG
9.8
0%
N/A
CA
TC Energy Corp
TSX:TRP
14.9
13%
1.1
US
Targa Resources Corp
NYSE:TRGP
14.2
12%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Pembina Pipeline Corp
TSX:PPL
Average EV/EBIT: 18.7
15.5
9%
1.7
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
14.7
7%
2.1
US
Energy Transfer LP
NYSE:ET
13.5
9%
1.5
US
Kinder Morgan Inc
NYSE:KMI
21.4
13%
1.6
US
ONEOK Inc
NYSE:OKE
17.8
14%
1.3
US
MPLX LP
NYSE:MPLX
13.7
6%
2.3
US
Cheniere Energy Inc
NYSE:LNG
11.8
0%
N/A
CA
TC Energy Corp
TSX:TRP
22
16%
1.4
US
Targa Resources Corp
NYSE:TRGP
21.7
16%
1.4