Plains GP Holdings LP
NASDAQ:PAGP

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Plains GP Holdings LP
NASDAQ:PAGP
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Price: 18.54 USD 0.32% Market Closed
Market Cap: 3.7B USD

Relative Value

The Relative Value of one PAGP stock under the Base Case scenario is 97.8 USD. Compared to the current market price of 18.54 USD, Plains GP Holdings LP is Undervalued by 81%.

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.

PAGP Relative Value
Base Case
97.8 USD
Undervaluation 81%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
11
vs Industry
89
Median 3Y
0.1
Median 5Y
0.1
Industry
1.4
Forward
0.1
vs History
39
vs Industry
5
Median 3Y
19.5
Median 5Y
16.4
Industry
12.1
Forward
11.9
vs History
33
vs Industry
50
Median 3Y
1.3
Median 5Y
1.1
Industry
5.1
vs History
90
vs Industry
38
Median 3Y
2
Median 5Y
2.5
Industry
11
vs History
9
vs Industry
10
Median 3Y
2.3
Median 5Y
1.6
Industry
1.3
vs History
31
vs Industry
82
Median 3Y
0.2
Median 5Y
0.2
Industry
2.1
Forward
0.2
vs History
39
vs Industry
59
Median 3Y
2.4
Median 5Y
2.5
Industry
5.2
vs History
38
vs Industry
34
Median 3Y
4.3
Median 5Y
4.5
Industry
6.7
Forward
3.8
vs History
49
vs Industry
27
Median 3Y
7.4
Median 5Y
7.6
Industry
10.2
Forward
5.9
vs History
74
vs Industry
37
Median 3Y
3.9
Median 5Y
4.5
Industry
6.9
vs History
66
vs Industry
33
Median 3Y
4.9
Median 5Y
5.8
Industry
11.3
vs History
31
vs Industry
66
Median 3Y
0.4
Median 5Y
0.4
Industry
1

Multiples Across Competitors

PAGP Competitors Multiples
Plains GP Holdings LP Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Plains GP Holdings LP
NASDAQ:PAGP
3.7B USD 0.1 19.7 4.6 7.6
CA
Enbridge Inc
TSX:ENB
148.2B CAD 2.3 26.4 15.1 22.9
US
Williams Companies Inc
NYSE:WMB
74.5B USD 6.5 31.5 16 25.4
US
Enterprise Products Partners LP
NYSE:EPD
70.8B USD 1.3 12.4 10.9 14.8
US
Kinder Morgan Inc
NYSE:KMI
60.8B USD 3.7 22.4 13.4 20.6
US
Energy Transfer LP
NYSE:ET
57.4B USD 0.7 13.3 7.9 12.7
CA
TC Energy Corp
TSX:TRP
78.6B CAD 6.3 23.2 15.9 23.3
US
MPLX LP
NYSE:MPLX
55.3B USD 4.3 11.5 10.9 13.4
US
ONEOK Inc
NYSE:OKE
45.9B USD 1.5 13.7 10.4 13
US
Cheniere Energy Inc
NYSE:LNG
45.5B USD 2.4 11.4 8 9.4
US
Targa Resources Corp
NYSE:TRGP
37.7B USD 2.2 23.3 11.8 17.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Plains GP Holdings LP
NASDAQ:PAGP
Average EV/EBITDA: 11.3
4.6
5%
0.9
CA
Enbridge Inc
TSX:ENB
15.1
14%
1.1
US
Williams Companies Inc
NYSE:WMB
16
18%
0.9
US
Enterprise Products Partners LP
NYSE:EPD
10.9
6%
1.8
US
Kinder Morgan Inc
NYSE:KMI
13.4
11%
1.2
US
Energy Transfer LP
NYSE:ET
7.9
8%
1
CA
TC Energy Corp
TSX:TRP
15.9
12%
1.3
US
MPLX LP
NYSE:MPLX
10.9
7%
1.6
US
ONEOK Inc
NYSE:OKE
10.4
14%
0.7
US
Cheniere Energy Inc
NYSE:LNG
8
0%
N/A
US
Targa Resources Corp
NYSE:TRGP
11.8
12%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Plains GP Holdings LP
NASDAQ:PAGP
Average EV/EBIT: 16.4
7.6
9%
0.8
CA
Enbridge Inc
TSX:ENB
22.9
14%
1.6
US
Williams Companies Inc
NYSE:WMB
25.4
22%
1.2
US
Enterprise Products Partners LP
NYSE:EPD
14.8
6%
2.5
US
Kinder Morgan Inc
NYSE:KMI
20.6
10%
2.1
US
Energy Transfer LP
NYSE:ET
12.7
7%
1.8
CA
TC Energy Corp
TSX:TRP
23.3
16%
1.5
US
MPLX LP
NYSE:MPLX
13.4
7%
1.9
US
ONEOK Inc
NYSE:OKE
13
11%
1.2
US
Cheniere Energy Inc
NYSE:LNG
9.4
-2%
N/A
US
Targa Resources Corp
NYSE:TRGP
17.4
14%
1.2