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5-day change | 1st Jan Change | ||
| 276.20 USD | +0.55% |
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+8.25% | +49.70% |
| 16/05 | S&P 500 Ekes Out Seventh Consecutive Weekly Gain as Energy Leads | MT |
| 14/05 | Barclays Adjusts Price Target on Targa Resources to $262 From $255, Maintains Overweight Rating | MT |
Projected Income Statement: Targa Resources Corp.
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 16,950 | 20,930 | 16,060 | 16,382 | 17,028 | 20,171 | 22,676 | 24,268 |
| Change | - | 23.48% | -23.27% | 2% | 3.95% | 18.46% | 12.42% | 7.02% |
| EBITDA 1 | 2,052 | 2,901 | 3,530 | 4,142 | 4,957 | 5,804 | 6,248 | 6,877 |
| Change | - | 41.38% | 21.68% | 17.35% | 19.68% | 17.08% | 7.64% | 10.07% |
| EBIT 1 | 864.8 | 1,729 | 2,626 | 2,695 | 3,331 | 3,830 | 4,145 | 4,755 |
| Change | - | 99.93% | 51.89% | 2.63% | 23.59% | 14.96% | 8.24% | 14.72% |
| Interest Paid 1 | -387.9 | -446.1 | -687.8 | -767.2 | -852.8 | -964.7 | -1,053 | -1,058 |
| Earnings before Tax (EBT) 1 | 436.9 | 1,663 | 1,942 | 1,938 | 2,486 | 2,912 | 3,246 | 3,835 |
| Change | - | 280.68% | 16.79% | -0.23% | 28.3% | 17.12% | 11.45% | 18.17% |
| Net income 1 | -16.1 | 896.8 | 835.8 | 1,279 | 1,852 | 2,259 | 2,501 | 2,943 |
| Change | - | 5,670.19% | -6.8% | 53.04% | 44.83% | 21.93% | 10.72% | 17.67% |
| Announcement Date | 24/02/22 | 22/02/23 | 15/02/24 | 20/02/25 | 19/02/26 | - | - | - |
Forecast Balance Sheet: Targa Resources Corp.
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 6,439 | 11,317 | 12,812 | 14,017 | 17,266 | 19,992 | 20,664 | 20,094 |
| Change | - | 75.76% | 13.21% | 9.41% | 23.18% | 15.79% | 3.36% | -2.76% |
| Announcement Date | 24/02/22 | 22/02/23 | 15/02/24 | 20/02/25 | 19/02/26 | - | - | - |
Cash Flow Forecast: Targa Resources Corp.
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| CAPEX 1 | 505.1 | 1,334 | 2,385 | 2,966 | 3,333 | 4,803 | 3,617 | 2,403 |
| Change | - | 164.17% | 78.78% | 24.33% | 12.39% | 44.1% | -24.7% | -33.56% |
| Free Cash Flow (FCF) 1 | 1,798 | 1,046 | 392.7 | 140.1 | 539 | -118.5 | 1,300 | 3,010 |
| Change | - | -41.79% | -62.47% | -64.32% | 284.73% | -121.99% | 1,196.61% | 131.61% |
| Announcement Date | 24/02/22 | 22/02/23 | 15/02/24 | 20/02/25 | 19/02/26 | - | - | - |
Forecast Financial Ratios: Targa Resources Corp.
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
Profitability | ||||||||
| EBITDA Margin (%) | 12.11% | 13.86% | 21.98% | 25.29% | 29.11% | 28.77% | 27.55% | 28.34% |
| EBIT Margin (%) | 5.1% | 8.26% | 16.35% | 16.45% | 19.56% | 18.99% | 18.28% | 19.59% |
| EBT Margin (%) | 2.58% | 7.95% | 12.1% | 11.83% | 14.6% | 14.44% | 14.31% | 15.8% |
| Net margin (%) | -0.09% | 4.28% | 5.2% | 7.81% | 10.88% | 11.2% | 11.03% | 12.13% |
| FCF margin (%) | 10.61% | 5% | 2.45% | 0.86% | 3.17% | -0.59% | 5.73% | 12.4% |
| FCF / Net Income (%) | -11,166.46% | 116.69% | 46.98% | 10.95% | 29.1% | -5.25% | 51.98% | 102.31% |
Profitability | ||||||||
| ROA | -0.21% | 5.16% | 4.15% | 5.89% | - | - | - | - |
| ROE | -0.69% | 38.35% | 30.92% | 47.98% | 65.46% | 72.96% | 57.36% | 54.73% |
Financial Health | ||||||||
| Leverage (Debt/EBITDA) | 3.14x | 3.9x | 3.63x | 3.38x | 3.48x | 3.44x | 3.31x | 2.92x |
| Debt / Free cash flow | 3.58x | 10.81x | 32.63x | 100.05x | 32.03x | -168.67x | 15.9x | 6.67x |
Capital Intensity | ||||||||
| CAPEX / Current Assets (%) | 2.98% | 6.38% | 14.85% | 18.1% | 19.58% | 23.81% | 15.95% | 9.9% |
| CAPEX / EBITDA (%) | 24.62% | 45.99% | 67.58% | 71.6% | 67.24% | 82.76% | 57.9% | 34.95% |
| CAPEX / FCF (%) | 28.1% | 127.5% | 607.44% | 2,116.92% | 618.42% | -4,052.69% | 278.29% | 79.83% |
Items per share | ||||||||
| Cash flow per share 1 | 10.07 | 10.3 | 14.21 | 16.49 | 18.06 | 21.64 | 24.18 | - |
| Change | - | 2.26% | 37.94% | 16.05% | 9.51% | 19.8% | 11.74% | - |
| Dividend per Share 1 | 0.75 | 1.4 | 2 | 3 | 4 | 4.987 | 5.895 | 6.913 |
| Change | - | 86.67% | 42.86% | 50% | 33.33% | 24.68% | 18.21% | 17.27% |
| Book Value Per Share 1 | 9.131 | 12.45 | 12.31 | 11.9 | 14.29 | 17.55 | 22.85 | 28.63 |
| Change | - | 36.33% | -1.13% | -3.27% | 20.05% | 22.8% | 30.23% | 25.28% |
| EPS 1 | -0.07 | 3.88 | 3.66 | 5.74 | 8.49 | 10.62 | 11.81 | 13.86 |
| Change | - | 5,642.86% | -5.67% | 56.83% | 47.91% | 25.13% | 11.17% | 17.38% |
| Nbr of stocks (in thousands) | 2,28,972 | 2,26,375 | 2,22,976 | 2,18,063 | 2,14,659 | 2,14,644 | 2,14,644 | 2,14,644 |
| Announcement Date | 24/02/22 | 22/02/23 | 15/02/24 | 20/02/25 | 19/02/26 | - | - | - |
| 2026 * | 2027 * | |
|---|---|---|
| P/E ratio | 26x | 23.4x |
| PBR | 15.7x | 12.1x |
| EV / Sales | 3.93x | 3.53x |
| Yield | 1.81% | 2.13% |
EPS & Dividend
Y-o-Y evolution of P/E
Year-on-year evolution of the Yield
Trader
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ESG MSCI
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Quarterly revenue - Rate of surprise
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