Valuation Pembina Pipeline Corporation

Equities

Market Closed - Toronto S.E. Other stock markets 02:55:17 18/11/2025 am IST			5-day change	1st Jan Change
54.03 ^CAD	-0.57%		+3.82%	+1.73%

11/11	Pembina Pipeline Making 'Measurable Progress' on Base Business, RBC Says	MT
10/11	RBC Maintains Pembina Pipeline's Outperform Rating, C$62 Price Target	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	16,553	21,117	25,253	25,062	30,832	31,394	-	-
Change	-	27.57%	19.58%	-0.76%	23.02%	1.82%	-	-
Enterprise Value (EV) ¹	27,348	32,313	35,759	35,424	43,347	47,081	46,741	46,671
Change	-	18.16%	10.66%	-0.94%	22.37%	8.61%	-0.72%	-0.15%
P/E ratio	-35x	19.3x	8.98x	15.3x	17.7x	19.8x	17.6x	16.6x
PBR	1.11x	1.48x	1.62x	1.59x	1.74x	2.08x	2.08x	2.07x
PEG	-	-0x	0x	-0.4x	52.92x	-2.21x	1.4x	2.59x
Capitalization / Revenue	2.67x	2.45x	2.17x	2.75x	4.18x	3.91x	3.65x	3.56x
EV / Revenue	4.41x	3.75x	3.08x	3.88x	5.87x	5.87x	5.43x	5.3x
EV / EBITDA	8.34x	9.41x	9.55x	9.26x	9.83x	10.9x	10.6x	10.2x
EV / EBIT	10.6x	11.9x	11.7x	11.2x	12.2x	14.7x	14x	13.3x
EV / FCF	22.4x	16.2x	15.4x	17.5x	19.2x	24.1x	22.8x	19.4x
FCF Yield	4.47%	6.16%	6.5%	5.73%	5.21%	4.15%	4.38%	5.15%
Dividend per Share ²	2.52	2.52	2.55	2.66	2.738	2.826	2.913	3.004
Rate of return	8.37%	6.57%	5.55%	5.83%	5.15%	5.23%	5.39%	5.56%
EPS ²	-0.86	1.99	5.12	2.99	3	2.731	3.063	3.259
Distribution rate	-293%	127%	49.8%	89%	91.3%	103%	95.1%	92.2%
Net sales ¹	6,202	8,627	11,611	9,125	7,384	8,024	8,608	8,814
EBITDA ¹	3,281	3,433	3,746	3,824	4,408	4,314	4,428	4,565
EBIT ¹	2,581	2,710	3,063	3,161	3,546	3,204	3,335	3,501
Net income ¹	-476	1,098	2,842	1,648	1,721	1,623	1,803	1,914
Net Debt ¹	10,795	11,196	10,506	10,362	12,515	15,687	15,347	15,277
Reference price ²	30.10	38.37	45.96	45.62	53.11	54.03	54.03	54.03
Nbr of stocks (in thousands)	5,49,942	5,50,363	5,49,455	5,49,370	5,80,530	5,81,048	-	-
Announcement Date	25/02/21	24/02/22	23/02/23	22/02/24	27/02/25	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
PEMBINA PIPELINE CORPORATION	19.9x	5.89x	10.95x	5.2%	2.25TCr
ENBRIDGE INC.	21.73x	4.09x	12.7x	5.63%	10TCr
WILLIAMS COMPANIES, INC.	28.98x	8.94x	13.37x	3.29%	7.45TCr
ENTERPRISE PRODUCTS PARTNERS L.P.	12.24x	1.96x	10.35x	6.76%	6.98TCr
KINDER MORGAN, INC.	21.33x	5.58x	11.22x	4.27%	6.1TCr
TC ENERGY CORPORATION	21.97x	9.05x	12.64x	4.41%	5.74TCr
MPLX LP	11.35x	5.91x	10.71x	7.62%	5.41TCr
ONEOK, INC.	13.06x	2.43x	9.47x	5.89%	4.44TCr
TARGA RESOURCES CORP.	20.49x	3.12x	11.19x	2.3%	3.72TCr
CHENIERE ENERGY PARTNERS, L.P.	12.83x	3.76x	11.13x	6.14%	2.61TCr
Average	18.39x	5.07x	11.38x	5.15%	5.51TCr
Weighted average by Cap.	19.19x	5.20x	11.62x	5.18%