Equitrans Midstream Corp
F:37W
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (1.1), the stock would be worth €11.19 (0% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.1 | €11.19 |
0%
|
| 3-Year Average | 1.1 | €11.19 |
0%
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| 5-Year Average | 1 | €10.09 |
-10%
|
| Industry Average | 1.1 | €11.64 |
+4%
|
| Country Average | 1.5 | €15.24 |
+36%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Equitrans Midstream Corp
F:37W
|
5.4B EUR | 1.1 | 13.7 | |
| CA |
|
Enbridge Inc
TSX:ENB
|
159.3B CAD | 1.2 | 22.9 | |
| US |
|
Williams Companies Inc
NYSE:WMB
|
93.3B USD | 2.2 | 35.6 | |
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
83.7B USD | 1.5 | 14.5 | |
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
73.1B USD | 1.4 | 22.2 | |
| US |
|
Energy Transfer LP
NYSE:ET
|
69.5B USD | 1 | 16.6 | |
| CA |
|
TC Energy Corp
TSX:TRP
|
91.1B CAD | 1.3 | 27.9 | |
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
57.8B USD | 1.7 | 10.8 | |
| US |
|
MPLX LP
NYSE:MPLX
|
57.3B USD | 2 | 11.7 | |
| US |
|
ONEOK Inc
NYSE:OKE
|
58.2B USD | 1.4 | 17.2 | |
| US |
|
Targa Resources Corp
NYSE:TRGP
|
55.8B USD | 3.1 | 30.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.9 |
| Median | 1.5 |
| 70th Percentile | 2.9 |
| Max | 566 432.7 |
Other Multiples
Equitrans Midstream Corp
Glance View
Equitrans Midstream Corp. stands as a pivotal player in the natural gas infrastructure sector, focusing its expertise on the Appalachian Basin, one of North America's richest natural gas sources. The company's central operations revolve around the gathering, transporting, and storing of natural gas, essentially serving as the linking infrastructure between the production sites and the end-users or interstate pipelines. This involves a sprawling network of pipelines and storage facilities that crisscross key states, ensuring that energy flows seamlessly from rich wells to broader markets. With the ever-growing demand for cleaner energy alternatives, Equitrans Midstream burrows deeper into optimizing and expanding its infrastructure to ensure it meets both current demands and future energy needs efficiently. The revenue model of Equitrans Midstream is predominantly anchored in long-term agreements which provide stability in cash flow and lessen risks typically associated with volatile commodity prices. By securing firm commitments with producers and other shippers, the company not only ensures a predictable revenue stream but also solidifies its position as a critical infrastructure provider. These contracts often involve capacity reservations and usage fees, which generate predictable income as clients access the extensive and strategically located pipeline networks. Furthermore, Equitrans' approach is augmented by its investment in innovative technologies designed to enhance operational efficiencies and environmental stewardship, reflecting a strategic alignment with broader societal shifts towards sustainability. Through careful stewardship and robust financial strategies, Equitrans Midstream continues to carve a sturdy path within the ever-evolving landscape of natural gas transportation and distribution.