Plains All American Pipeline LP
NASDAQ:PAA

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Plains All American Pipeline LP Logo
Plains All American Pipeline LP
NASDAQ:PAA
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Price: 18.05 USD 0.95% Market Closed
Market Cap: 12.7B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one PAA stock under the Base Case scenario is 37.29 USD. Compared to the current market price of 18.05 USD, Plains All American Pipeline LP is Undervalued by 52%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PAA Relative Value
Base Case
37.29 USD
Undervaluation 52%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
7
vs Industry
77
Median 3Y
0.2
Median 5Y
0.2
Industry
1.3
Forward
0.3
More Details
19.4
P/E
P/E
Price to Earnings
19.4
vs History
15
vs Industry
8
Median 3Y
11.3
Median 5Y
10.6
Industry
10.4
Forward
12.5
More Details
4.7
P/OCF
P/OCF
Price to OCF
4.7
vs History
22
vs Industry
25
Median 3Y
4.2
Median 5Y
3.5
Industry
4.9
More Details
3.7
P/FCFE
P/FCFE
Price to FCFE
3.7
vs History
88
vs Industry
29
Median 3Y
8.7
Median 5Y
7.3
Industry
10.4
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
4
vs Industry
30
Median 3Y
1
Median 5Y
0.7
Industry
1.2
More Details
0.4
EV/S
EV/S
Enterprise Value to Sales
0.4
vs History
30
vs Industry
74
Median 3Y
0.4
Median 5Y
0.4
Industry
1.9
Forward
0.4
More Details
7
EV/GP
EV/GP
Enterprise Value to Gross Profit
7
vs History
23
vs Industry
26
Median 3Y
6.4
Median 5Y
6.4
Industry
4.6
More Details
8.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.1
vs History
23
vs Industry
20
Median 3Y
7.3
Median 5Y
7.4
Industry
6.1
Forward
7.1
More Details
13.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
13.7
vs History
30
vs Industry
14
Median 3Y
12.6
Median 5Y
12.6
Industry
8.9
Forward
11.5
More Details
7.6
EV/OCF
EV/OCF
Enterprise Value to OCF
7.6
vs History
44
vs Industry
23
Median 3Y
6.9
Median 5Y
7.2
Industry
6.4
More Details
10
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
10
vs History
57
vs Industry
23
Median 3Y
8.7
Median 5Y
10.8
Industry
10.3
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
4
vs Industry
38
Median 3Y
0.7
Median 5Y
0.7
Industry
1
More Details

Multiples Across Competitors

PAA Competitors Multiples
Plains All American Pipeline LP Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Plains All American Pipeline LP
NASDAQ:PAA
12.7B USD 0.3 19.4 8.1 13.7
CA
Enbridge Inc
TSX:ENB
138.1B CAD 2.3 23.4 14.7 22.3
US
Williams Companies Inc
NYSE:WMB
72.9B USD 6.8 31.9 17.1 28.5
US
Enterprise Products Partners LP
NYSE:EPD
69.5B USD 1.2 12 10.5 14.2
US
Energy Transfer LP
NYSE:ET
62.9B USD 0.8 13.8 8.5 13.1
US
Kinder Morgan Inc
NYSE:KMI
61.4B USD 4 23.9 13.7 21.2
US
MPLX LP
NYSE:MPLX
52.8B USD 4.3 12 10.4 12.9
US
Cheniere Energy Inc
NYSE:LNG
53.1B USD 3.1 17.1 10.2 12.3
US
ONEOK Inc
NYSE:OKE
52.3B USD 2.1 17.3 12.6 15.6
CA
TC Energy Corp
TSX:TRP
70B CAD 5.3 16 14.9 22
US
Targa Resources Corp
NYSE:TRGP
38B USD 2.3 31.8 13.2 20.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Plains All American Pipeline LP
NASDAQ:PAA
Average EV/EBITDA: 12.2
8.1
7%
1.2
CA
Enbridge Inc
TSX:ENB
14.7
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.1
18%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.5
6%
1.8
US
Energy Transfer LP
NYSE:ET
8.5
8%
1.1
US
Kinder Morgan Inc
NYSE:KMI
13.7
10%
1.4
US
MPLX LP
NYSE:MPLX
10.4
7%
1.5
US
Cheniere Energy Inc
NYSE:LNG
10.2
0%
N/A
US
ONEOK Inc
NYSE:OKE
12.6
14%
0.9
CA
TC Energy Corp
TSX:TRP
14.9
13%
1.1
US
Targa Resources Corp
NYSE:TRGP
13.2
12%
1.1

See Also

Summary
PAA intrinsic value, competitors valuation, and company profile.
DCF Valuation
PAA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PAA stock valuation using valuation multiples.
Wall Street Estimates
PAA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PAA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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