Company Valuation: MPLX LP

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30,178 32,946 36,765 48,760 54,281 58,915 - -
Change - 9.17% 11.59% 32.63% 11.32% 8.54% - -
Enterprise Value (EV) 1 48,736 52,504 56,148 68,189 77,797 84,193 85,096 85,946
Change - 7.73% 6.94% 21.45% 14.09% 8.22% 1.07% 1%
P/E 10.3x 8.76x 9.66x 11.4x 11.1x 13.5x 11.9x 11.1x
PBR 2.57x 2.67x 2.9x 3.59x 3.79x 4.11x 4.05x 4x
PEG - 0.3x 7.25x 1.1x 0.8x -1.3x 0.9x 1.5x
Capitalization / Revenue 3.01x 2.84x 3.26x 4.09x 4.18x 4.49x 4.18x 3.93x
EV / Revenue 4.86x 4.52x 4.98x 5.71x 5.99x 6.41x 6.04x 5.74x
EV / EBITDA 8.77x 9.09x 8.96x 10.1x 11.1x 11.6x 10.8x 10.3x
EV / EBIT 12.2x 10.7x 11.5x 12.9x 13.1x 15.1x 13.9x 13.4x
EV / FCF 11.1x 12.5x 13.6x 17.3x 75.3x 28.5x 19.9x 17.3x
FCF Yield 9.03% 8.02% 7.36% 5.78% 1.33% 3.51% 5.03% 5.79%
Dividend per Share 2 3.36 2.96 3.25 3.613 4.066 4.548 5.13 5.527
Rate of return 11.4% 9.01% 8.85% 7.55% 7.62% 7.83% 8.83% 9.51%
EPS 2 2.86 3.75 3.8 4.21 4.82 4.311 4.877 5.238
Distribution rate 117% 78.9% 85.5% 85.8% 84.4% 105% 105% 106%
Net sales 1 10,027 11,613 11,281 11,933 12,998 13,134 14,093 14,984
EBITDA 1 5,560 5,775 6,269 6,764 7,017 7,265 7,862 8,332
EBIT 1 3,992 4,911 4,900 5,288 5,943 5,570 6,111 6,425
Net income 1 2,936 3,815 3,829 4,290 4,912 4,423 4,968 5,322
Net Debt 1 18,558 19,558 19,383 19,429 23,516 25,278 26,181 27,031
Reference price 2 29.59 32.84 36.72 47.86 53.37 58.11 58.11 58.11
Nbr of stocks (in thousands) 10,19,864 10,03,243 10,01,217 10,18,812 10,17,065 10,13,858 - -
Announcement Date 02/02/22 31/01/23 30/01/24 04/02/25 03/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.54x6.41x11.58x7.83% 5.89TCr
24.37x3.31x13.12x5.71% 11TCr
29.7x10.01x14.53x2.85% 9.06TCr
12.35x1.8x10.32x6.03% 8.03TCr
21.96x5.87x11.82x3.52% 7.54TCr
11.76x1.12x7.21x6.7% 7.03TCr
26.68x4.47x14.22x1.65% 6.49TCr
22.93x9.51x12.76x3.97% 6.55TCr
38.04x3.66x9.97x0.77% 6.19TCr
14.54x4.05x11.4x4.97% 3.18TCr
Average 21.59x 5.02x 11.69x 4.4% 7.08TCr
Weighted average by Cap. 22.11x 5.05x 11.84x 4.42%

Y-o-Y evolution of P/E

Valuation ratios - P/E - MPLX LP

Historical PBR trend

Valuation ratios - PBR - MPLX LP

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - MPLX LP

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - MPLX LP


Year-on-year evolution of the Yield

Valuation ratios - Yield - MPLX LP