Tidewater Midstream and Infrastructure Ltd
TSX:TWM

Watchlist Manager
Tidewater Midstream and Infrastructure Ltd Logo
Tidewater Midstream and Infrastructure Ltd
TSX:TWM
Watchlist
Price: 4.56 CAD -2.77% Market Closed
Market Cap: 98.5m CAD

Relative Value

The Relative Value of one TWM stock under the Base Case scenario is 132.28 CAD. Compared to the current market price of 4.56 CAD, Tidewater Midstream and Infrastructure Ltd is Undervalued by 97%.

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.

TWM Relative Value
Base Case
132.28 CAD
Undervaluation 97%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
91
Median 3Y
2.6
Median 5Y
3.4
Industry
1.4
Forward
0.1
vs History
vs Industry
Median 3Y
-18.6
Median 5Y
-7
Industry
12
Forward
-1.4
vs History
84
vs Industry
37
Median 3Y
37
Median 5Y
41.1
Industry
5.1
vs History
vs Industry
30
Median 3Y
-12.1
Median 5Y
-26.7
Industry
10.9
vs History
96
vs Industry
72
Median 3Y
11.4
Median 5Y
12.6
Industry
1.3
vs History
98
vs Industry
76
Median 3Y
2.8
Median 5Y
3.5
Industry
2.1
Forward
0.3
vs History
96
vs Industry
51
Median 3Y
35.3
Median 5Y
42.1
Industry
5.2
vs History
90
vs Industry
35
Median 3Y
45.8
Median 5Y
53.2
Industry
6.7
Forward
9.3
vs History
vs Industry
17
Median 3Y
88.9
Median 5Y
107.4
Industry
10
Forward
-48.7
vs History
84
vs Industry
26
Median 3Y
41.5
Median 5Y
44.9
Industry
6.9
vs History
31
vs Industry
23
Median 3Y
-50.2
Median 5Y
-47.7
Industry
11.5
vs History
98
vs Industry
56
Median 3Y
4.7
Median 5Y
5
Industry
1

Multiples Across Competitors

TWM Competitors Multiples
Tidewater Midstream and Infrastructure Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Tidewater Midstream and Infrastructure Ltd
TSX:TWM
98.5m CAD 0.1 -1.2 15.3 -12.3
CA
Enbridge Inc
TSX:ENB
141.5B CAD 2.2 25.2 14.7 22.3
US
Williams Companies Inc
NYSE:WMB
72.7B USD 6.3 30.7 15.7 25
US
Enterprise Products Partners LP
NYSE:EPD
69.4B USD 1.3 12.1 10.7 14.6
US
Kinder Morgan Inc
NYSE:KMI
60.5B USD 3.7 22.3 13.3 20.6
CA
TC Energy Corp
TSX:TRP
79.4B CAD 6.4 23.4 16 23.5
US
Energy Transfer LP
NYSE:ET
56.3B USD 0.7 13 7.8 12.5
US
MPLX LP
NYSE:MPLX
54.9B USD 4.3 11.4 10.9 13.3
US
ONEOK Inc
NYSE:OKE
46.1B USD 1.5 13.8 10.4 13
US
Cheniere Energy Inc
NYSE:LNG
41.3B USD 2.2 10.3 7.5 8.8
US
Targa Resources Corp
NYSE:TRGP
39.5B USD 2.3 24.4 12.1 18
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Tidewater Midstream and Infrastructure Ltd
TSX:TWM
Average EV/EBIT: 17.2
Negative Multiple: -12.3
17%
N/A
CA
Enbridge Inc
TSX:ENB
22.3
17%
1.3
US
Williams Companies Inc
NYSE:WMB
25
23%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
14.6
5%
2.9
US
Kinder Morgan Inc
NYSE:KMI
20.6
10%
2.1
CA
TC Energy Corp
TSX:TRP
23.5
16%
1.5
US
Energy Transfer LP
NYSE:ET
12.5
7%
1.8
US
MPLX LP
NYSE:MPLX
13.3
7%
1.9
US
ONEOK Inc
NYSE:OKE
13
11%
1.2
US
Cheniere Energy Inc
NYSE:LNG
8.8
-1%
N/A
US
Targa Resources Corp
NYSE:TRGP
18
15%
1.2