Valuation Targa Resources Corp.

Equities

Market Closed - Nyse Other stock markets 02:30:02 22/01/2026 am IST			5-day change	1st Jan Change
190.06 ^USD	+2.70%		+3.98%	+3.01%

21/01	BMO Capital Adjusts Targa Resources Price Target to $205 From $200, Maintains Outperform Rating	MT
16/01	Scotiabank Adjusts Targa Resources PT to $224 From $199, Maintains Sector Outperform Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	6,041	11,961	16,639	19,370	38,924	40,798	40,798	-
Change	-	97.99%	39.1%	16.42%	100.95%	4.81%	0%	-
Enterprise Value (EV) ¹	13,554	18,400	27,956	32,182	52,942	58,230	60,203	60,180
Change	-	35.75%	51.93%	15.12%	64.51%	9.99%	3.39%	-0.04%
P/E ratio	-3.63x	-746x	18.9x	23.7x	31.1x	22.5x	19.8x	16.8x
PBR	2.2x	5.72x	5.9x	7.06x	15x	14.4x	11.7x	9.71x
PEG	-	7.5x	-0x	-4.18x	0.5x	0.5x	1.5x	0.9x
Capitalization / Revenue	0.73x	0.71x	0.79x	1.21x	2.38x	2.33x	1.83x	1.69x
EV / Revenue	1.64x	1.09x	1.34x	2x	3.23x	3.32x	2.7x	2.5x
EV / EBITDA	8.28x	8.97x	9.64x	9.12x	12.8x	11.9x	10.9x	9.91x
EV / EBIT	-10.4x	21.3x	16.2x	12.3x	19.6x	17.7x	16.6x	14.9x
EV / FCF	17.1x	10.2x	26.7x	82x	378x	108x	78.2x	33.3x
FCF Yield	5.85%	9.77%	3.74%	1.22%	0.26%	0.92%	1.28%	3%
Dividend per Share ²	0.4	0.75	1.4	2	3	3.986	5.001	5.798
Rate of return	1.52%	1.44%	1.9%	2.3%	1.68%	2.1%	2.63%	3.05%
EPS ²	-7.26	-0.07	3.88	3.66	5.74	8.458	9.599	11.3
Distribution rate	-5.51%	-1,071%	36.1%	54.6%	52.3%	47.1%	52.1%	51.3%
Net sales ¹	8,260	16,950	20,930	16,060	16,382	17,546	22,302	24,084
EBITDA ¹	1,637	2,052	2,901	3,530	4,142	4,887	5,503	6,075
EBIT ¹	-1,304	864.8	1,729	2,626	2,695	3,294	3,636	4,046
Net income ¹	-1,685	-16.1	896.8	835.8	1,279	1,843	1,985	2,274
Net Debt ¹	7,513	6,439	11,317	12,812	14,017	17,432	19,405	19,382
Reference price ²	26.38	52.24	73.50	86.87	178.50	190.06	190.06	190.06
Nbr of stocks (in thousands)	2,29,013	2,28,972	2,26,375	2,22,976	2,18,063	2,14,659	2,14,659	-
Announcement Date	18/02/21	24/02/22	22/02/23	15/02/24	20/02/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
TARGA RESOURCES CORP.	21.91x	3.26x	11.7x	2.15%	3.97TCr
ENBRIDGE INC.	21.21x	4.13x	12.46x	5.79%	10TCr
WILLIAMS COMPANIES, INC.	29.24x	8.94x	13.41x	3.26%	7.51TCr
ENTERPRISE PRODUCTS PARTNERS L.P.	12.52x	1.99x	10.52x	6.65%	7.08TCr
KINDER MORGAN, INC.	21.71x	5.61x	11.36x	4.18%	6.22TCr
MPLX LP	11.82x	6.15x	11.29x	7.29%	5.65TCr
TC ENERGY CORPORATION	21.05x	8.74x	12.18x	4.53%	5.43TCr
ONEOK, INC.	13.66x	2.42x	9.79x	5.6%	4.66TCr
CHENIERE ENERGY PARTNERS, L.P.	13.41x	3.88x	11.5x	5.88%	2.72TCr
PEMBINA PIPELINE CORPORATION	19.95x	5.79x	10.71x	5.27%	2.25TCr
Average	18.65x	5.09x	11.49x	5.06%	5.58TCr
Weighted average by Cap.	19.26x	5.17x	11.68x	5.12%