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 52,010 - -
Change - 34.01% 9.17% 11.59% 32.63% 6.66% - -
Enterprise Value (EV) 1 42,644 48,736 52,504 56,148 68,189 72,060 72,014 71,909
Change - 14.29% 7.73% 6.94% 21.45% 5.68% -0.06% -0.15%
P/E ratio -27.1x 10.3x 8.76x 9.66x 11.4x 11.3x 10.5x 9.98x
PBR 1.75x 2.57x 2.67x 2.9x 3.59x 3.63x 3.55x 3.53x
PEG - -0x 0.3x 7.25x 1.1x 1.63x 1.37x 1.86x
Capitalization / Revenue 2.98x 3.01x 2.84x 3.26x 4.09x 4.07x 3.86x 3.72x
EV / Revenue 5.63x 4.86x 4.52x 4.98x 5.71x 5.63x 5.35x 5.14x
EV / EBITDA 8.18x 8.77x 9.09x 8.96x 10.1x 10.2x 9.64x 9.2x
EV / EBIT 202x 12.2x 10.7x 11.5x 12.9x 12.9x 12.1x 11.6x
EV / FCF 12.1x 11.1x 12.5x 13.6x 17.3x 20.1x 16.1x 14.4x
FCF Yield 8.27% 9.03% 8.02% 7.36% 5.78% 4.99% 6.21% 6.93%
Dividend per Share 2 2.75 3.36 2.96 3.25 3.613 4.053 4.526 4.935
Rate of return 12.7% 11.4% 9.01% 8.85% 7.55% 7.95% 8.88% 9.69%
EPS 2 -0.8 2.86 3.75 3.8 4.21 4.502 4.847 5.107
Distribution rate -344% 117% 78.9% 85.5% 85.8% 90% 93.4% 96.6%
Net sales 1 7,569 10,027 11,613 11,281 11,933 12,791 13,467 13,977
EBITDA 1 5,211 5,560 5,775 6,269 6,764 7,072 7,466 7,813
EBIT 1 211 3,992 4,911 4,900 5,288 5,597 5,962 6,205
Net income 1 -842 2,936 3,815 3,829 4,290 4,606 4,893 5,125
Net Debt 1 20,124 18,558 19,558 19,383 19,429 20,050 20,004 19,899
Reference price 2 21.65 29.59 32.84 36.72 47.86 50.95 50.95 50.95
Nbr of stocks (in thousands) 10,40,169 10,19,864 10,03,243 10,01,217 10,18,812 10,20,802 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.32x5.63x10.19x7.95% 5.2TCr
21.06x4.65x12.07x6.09% 9.87TCr
28.02x8.52x12.88x3.39% 7.21TCr
11.69x1.72x9.98x6.82% 6.91TCr
22x5.75x11.45x4.12% 6.29TCr
14.98x2.94x10.25x5.08% 5.14TCr
18.71x8.56x11.73x5.13% 5.04TCr
23.14x2.57x11.31x2.31% 3.74TCr
12.56x3.53x10.78x5.99% 2.66TCr
17.31x5.52x10.16x5.54% 2.17TCr
Average 18.08x 4.94x 11.08x 5.24% 5.42TCr
Weighted average by Cap. 18.75x 5.05x 11.27x 5.3%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield