Company Valuation: MPLX LP

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 22,520 30,178 32,946 36,765 48,760 55,786 - -
Change - 34.01% 9.17% 11.59% 32.63% 14.41% - -
Enterprise Value (EV) 1 42,644 48,736 52,504 56,148 68,189 78,602 79,672 79,964
Change - 14.29% 7.73% 6.94% 21.45% 15.27% 1.36% 0.37%
P/E ratio -27.1x 10.3x 8.76x 9.66x 11.4x 11.6x 12.1x 11.1x
PBR 1.75x 2.57x 2.67x 2.9x 3.59x 3.87x 3.79x 3.82x
PEG - -0x 0.3x 7.25x 1.1x 1x -3.09x 1.17x
Capitalization / Revenue 2.98x 3.01x 2.84x 3.26x 4.09x 4.32x 4.16x 3.92x
EV / Revenue 5.63x 4.86x 4.52x 4.98x 5.71x 6.09x 5.95x 5.61x
EV / EBITDA 8.18x 8.77x 9.09x 8.96x 10.1x 11.2x 10.7x 10.1x
EV / EBIT 202x 12.2x 10.7x 11.5x 12.9x 13.4x 13.8x 12.9x
EV / FCF 12.1x 11.1x 12.5x 13.6x 17.3x 25.4x 20.8x 17.2x
FCF Yield 8.27% 9.03% 8.02% 7.36% 5.78% 3.94% 4.8% 5.81%
Dividend per Share 2 2.75 3.36 2.96 3.25 3.613 4.049 4.505 5.035
Rate of return 12.7% 11.4% 9.01% 8.85% 7.55% 7.38% 8.21% 9.18%
EPS 2 -0.8 2.86 3.75 3.8 4.21 4.709 4.525 4.955
Distribution rate -344% 117% 78.9% 85.5% 85.8% 86% 99.6% 102%
Net sales 1 7,569 10,027 11,613 11,281 11,933 12,907 13,397 14,242
EBITDA 1 5,211 5,560 5,775 6,269 6,764 7,033 7,432 7,950
EBIT 1 211 3,992 4,911 4,900 5,288 5,849 5,790 6,216
Net income 1 -842 2,936 3,815 3,829 4,290 4,769 4,692 5,083
Net Debt 1 20,124 18,558 19,558 19,383 19,429 22,816 23,886 24,178
Reference price 2 21.65 29.59 32.84 36.72 47.86 54.85 54.85 54.85
Nbr of stocks (in thousands) 10,40,169 10,19,864 10,03,243 10,01,217 10,18,812 10,17,065 - -
Announcement Date 02/02/21 02/02/22 31/01/23 30/01/24 04/02/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.65x6.09x11.18x7.38% 5.58TCr
21.26x4.13x12.48x5.77% 10TCr
28.4x8.85x13.15x3.36% 7.3TCr
12.25x1.97x10.38x6.78% 6.95TCr
20.8x5.49x11.04x4.38% 5.95TCr
21.35x8.75x12.18x4.52% 5.46TCr
13.55x2.5x9.73x5.64% 4.63TCr
21.7x3.24x11.62x2.18% 3.93TCr
12.89x3.73x11.07x6.25% 2.56TCr
19.85x5.91x10.92x5.23% 2.28TCr
Average 18.37x 5.07x 11.37x 5.15% 5.5TCr
Weighted average by Cap. 18.99x 5.14x 11.56x 5.2%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield