E

Exmar NV
XBRU:EXM

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Exmar NV
XBRU:EXM
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Price: 11.46 EUR 0.88% Market Closed
Market Cap: 659.5m EUR

Relative Value

The Relative Value of one EXM stock under the Base Case scenario is 7.5 EUR. Compared to the current market price of 11.46 EUR, Exmar NV is Overvalued by 35%.

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.

EXM Relative Value
Base Case
7.5 EUR
Overvaluation 35%
Relative Value
Price
E
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
9
vs Industry
41
Median 3Y
1.4
Median 5Y
1.1
Industry
1.2
Forward
4.9
vs History
23
vs Industry
36
Median 3Y
3.8
Median 5Y
1.1
Industry
9.8
Forward
40
vs History
0
vs Industry
7
Median 3Y
9.1
Median 5Y
7.3
Industry
4.6
vs History
0
vs Industry
25
Median 3Y
3.1
Median 5Y
-1
Industry
9.9
vs History
0
vs Industry
31
Median 3Y
0.5
Median 5Y
0.3
Industry
1.1
vs History
34
vs Industry
48
Median 3Y
1.4
Median 5Y
1.8
Industry
1.8
Forward
4.9
vs History
28
vs Industry
47
Median 3Y
3.4
Median 5Y
3.4
Industry
4.4
vs History
25
vs Industry
22
Median 3Y
1.3
Median 5Y
4.9
Industry
5.9
Forward
-369.5
vs History
19
vs Industry
19
Median 3Y
8.3
Median 5Y
6.2
Industry
8.3
Forward
-36.9
vs History
0
vs Industry
11
Median 3Y
11.8
Median 5Y
6.4
Industry
6.2
vs History
0
vs Industry
14
Median 3Y
3.2
Median 5Y
3.2
Industry
10.6
vs History
0
vs Industry
28
Median 3Y
0.5
Median 5Y
0.4
Industry
0.9

Multiples Across Competitors

EXM Competitors Multiples
Exmar NV Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BE
Exmar NV
XBRU:EXM
653.7m EUR 2.1 4.1 7.3 10.6
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
BE
E
Exmar NV
XBRU:EXM
Average EV/EBITDA: 12.2
7.3
N/A N/A
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
BE
E
Exmar NV
XBRU:EXM
Average EV/EBIT: 17.6
10.6
N/A N/A
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