Valuation Pembina Pipeline Corporation

Equities

Market Closed - Toronto S.E. Other stock markets 01:30:00 18/09/2024 am IST			5-day change	1st Jan Change
55.29 ^CAD	-0.05%		+0.09%	+21.20%

11/09	Pembina Pipeline Initiated at Neutral at UBS; Price Target Set at C$58.00	MT
11/09	UBS Initiates Pembina Pipeline at Neutral With CA$58 Price Target	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	24,639	16,553	21,117	25,253	25,062	32,086	-	-
Change	-	-32.82%	27.57%	19.58%	-0.76%	28.03%	-	-
Enterprise Value (EV) ¹	35,481	27,348	32,313	35,759	35,424	47,005	46,618	46,351
Change	-	-22.92%	18.16%	10.66%	-0.94%	32.69%	-0.82%	-0.57%
P/E ratio	18.2x	-35x	19.3x	8.98x	15.3x	16.7x	16.3x	15.3x
PBR	1.58x	1.11x	1.48x	1.62x	1.59x	2.12x	2.05x	2.01x
PEG	-	0x	-0x	0x	-0.4x	1.6x	6.94x	2.18x
Capitalization / Revenue	3.41x	2.67x	2.45x	2.17x	2.75x	4.03x	3.61x	3.38x
EV / Revenue	4.91x	4.41x	3.75x	3.08x	3.88x	5.91x	5.24x	4.88x
EV / EBITDA	11.6x	8.34x	9.41x	9.55x	9.26x	10.9x	10.4x	10x
EV / EBIT	13.9x	10.6x	11.9x	11.7x	11.2x	14x	13x	12.2x
EV / FCF	40x	22.4x	16.2x	15.4x	17.5x	22x	21.7x	19.3x
FCF Yield	2.5%	4.47%	6.16%	6.5%	5.73%	4.54%	4.61%	5.18%
Dividend per Share ²	2.36	2.52	2.52	2.55	2.66	2.745	2.836	2.921
Rate of return	4.9%	8.37%	6.57%	5.55%	5.83%	4.97%	5.13%	5.28%
EPS ²	2.65	-0.86	1.99	5.12	2.99	3.308	3.386	3.623
Distribution rate	89.1%	-293%	127%	49.8%	89%	83%	83.8%	80.6%
Net sales ¹	7,230	6,202	8,627	11,611	9,125	7,958	8,890	9,489
EBITDA ¹	3,061	3,281	3,433	3,746	3,824	4,326	4,502	4,634
EBIT ¹	2,550	2,581	2,710	3,063	3,161	3,357	3,594	3,784
Net income ¹	1,361	-476	1,098	2,842	1,648	1,800	1,886	2,002
Net Debt ¹	10,842	10,795	11,196	10,506	10,362	14,919	14,532	14,265
Reference price ²	48.13	30.10	38.37	45.96	45.62	55.29	55.29	55.29
Nbr of stocks (in thousands)	5,11,928	5,49,942	5,50,363	5,49,455	5,49,370	5,80,324	-	-
Announcement Date	27/02/20	25/02/21	24/02/22	23/02/23	22/02/24	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
PEMBINA PIPELINE CORPORATION	16.72x	5.91x	10.87x	+4.96%	2.36TCr
ENBRIDGE INC.	19.59x	5.57x	12.03x	+6.55%	8.96TCr
ENTERPRISE PRODUCTS PARTNERS L.P.	10.99x	1.67x	9.57x	+7.10%	6.44TCr
WILLIAMS COMPANIES	25.68x	7.91x	11.58x	+4.20%	5.54TCr
ONEOK, INC..	18.47x	3.31x	12.25x	+4.25%	5.47TCr
TC ENERGY CORPORATION	15.34x	7.66x	11.13x	+6.04%	4.85TCr
KINDER MORGAN, INC.	17.6x	4.96x	9.93x	+5.36%	4.77TCr
MPLX LP	10.43x	5.36x	9.6x	+8.07%	4.47TCr
TARGA RESOURCES CORP.	26.68x	2.49x	11.69x	+1.98%	3.3TCr
CHENIERE ENERGY PARTNERS, L.P.	10.91x	4.26x	10.43x	+6.67%	2.36TCr
Average	17.24x	4.91x	10.91x	+5.52%	4.85TCr
Weighted average by Cap.	17.47x	4.94x	11.00x	+5.68%