Antero Midstream Corp
NYSE:AM

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Antero Midstream Corp Logo
Antero Midstream Corp
NYSE:AM
Watchlist
Price: 17.81 USD 1.71% Market Closed
Market Cap: 8.5B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one AM stock under the Base Case scenario is 16.38 USD. Compared to the current market price of 17.81 USD, Antero Midstream Corp is Overvalued by 8%.

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.

AM Relative Value
Base Case
16.38 USD
Overvaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

7.7
P/S
P/S
Price to Sales
7.7
vs History
1
vs Industry
16
Median 3Y
5.4
Median 5Y
4.7
Industry
1.2
Forward
7.1
More Details
21.3
P/E
P/E
Price to Earnings
21.3
vs History
1
vs Industry
10
Median 3Y
15.4
Median 5Y
13.4
Industry
9.8
Forward
17.3
More Details
10.1
P/OCF
P/OCF
Price to OCF
10.1
vs History
1
vs Industry
13
Median 3Y
7.3
Median 5Y
6.4
Industry
4.6
More Details
24
P/FCFE
P/FCFE
Price to FCFE
24
vs History
3
vs Industry
10
Median 3Y
19.8
Median 5Y
15.2
Industry
9.7
More Details
4
P/B
P/B
Price to Book Value
4
vs History
1
vs Industry
7
Median 3Y
2.6
Median 5Y
2
Industry
1.1
More Details
10.5
EV/S
EV/S
Enterprise Value to Sales
10.5
vs History
1
vs Industry
17
Median 3Y
8.7
Median 5Y
8.2
Industry
1.8
Forward
9.7
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
4.4
More Details
13.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
13.4
vs History
1
vs Industry
12
Median 3Y
10.8
Median 5Y
10.1
Industry
5.9
Forward
10.3
More Details
17.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
17.7
vs History
1
vs Industry
13
Median 3Y
14.8
Median 5Y
13.9
Industry
8.3
Forward
13.9
More Details
13.8
EV/OCF
EV/OCF
Enterprise Value to OCF
13.8
vs History
1
vs Industry
14
Median 3Y
11.8
Median 5Y
11
Industry
6.2
More Details
19.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
19.4
vs History
23
vs Industry
15
Median 3Y
18.7
Median 5Y
17
Industry
10.5
More Details
2
EV/IC
EV/IC
Enterprise Value to IC
2
vs History
1
vs Industry
17
Median 3Y
1.5
Median 5Y
1.4
Industry
0.9
More Details

Multiples Across Competitors

AM Competitors Multiples
Antero Midstream Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Antero Midstream Corp
NYSE:AM
8.5B USD 7.7 21.3 13.4 17.7
CA
Enbridge Inc
TSX:ENB
141B CAD 2.6 27.9 15.6 23.8
US
Williams Companies Inc
NYSE:WMB
71.8B USD 6.8 32.3 17.4 29
US
Enterprise Products Partners LP
NYSE:EPD
65.7B USD 1.2 11.2 10.2 13.7
US
Kinder Morgan Inc
NYSE:KMI
61.4B USD 4 23.9 13.7 21.2
US
Energy Transfer LP
NYSE:ET
58B USD 0.7 13.2 8.2 12.8
US
Cheniere Energy Inc
NYSE:LNG
53.5B USD 3.4 16.4 10.1 12.1
CA
TC Energy Corp
TSX:TRP
73.5B CAD 5.6 16.8 15.3 22.6
US
MPLX LP
NYSE:MPLX
50.1B USD 4.2 11.7 10.4 12.9
US
ONEOK Inc
NYSE:OKE
46.8B USD 2.2 15.4 12.4 15.2
US
Targa Resources Corp
NYSE:TRGP
34.6B USD 2.1 28.9 12.3 19.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Antero Midstream Corp
NYSE:AM
Average EV/EBITDA: 12.6
13.4
11%
1.2
CA
Enbridge Inc
TSX:ENB
15.6
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.4
17%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.2
7%
1.5
US
Kinder Morgan Inc
NYSE:KMI
13.7
11%
1.2
US
Energy Transfer LP
NYSE:ET
8.2
8%
1
US
Cheniere Energy Inc
NYSE:LNG
10.1
0%
N/A
CA
TC Energy Corp
TSX:TRP
15.3
13%
1.2
US
MPLX LP
NYSE:MPLX
10.4
7%
1.5
US
ONEOK Inc
NYSE:OKE
12.4
15%
0.8
US
Targa Resources Corp
NYSE:TRGP
12.3
13%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Antero Midstream Corp
NYSE:AM
Average EV/EBIT: 18.2
17.7
11%
1.6
CA
Enbridge Inc
TSX:ENB
23.8
12%
2
US
Williams Companies Inc
NYSE:WMB
29
17%
1.7
US
Enterprise Products Partners LP
NYSE:EPD
13.7
7%
2
US
Kinder Morgan Inc
NYSE:KMI
21.2
9%
2.4
US
Energy Transfer LP
NYSE:ET
12.8
8%
1.6
US
Cheniere Energy Inc
NYSE:LNG
12.1
-1%
N/A
CA
TC Energy Corp
TSX:TRP
22.6
16%
1.4
US
MPLX LP
NYSE:MPLX
12.9
7%
1.8
US
ONEOK Inc
NYSE:OKE
15.2
12%
1.3
US
Targa Resources Corp
NYSE:TRGP
19.2
16%
1.2

See Also

Summary
AM intrinsic value, competitors valuation, and company profile.
DCF Valuation
AM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AM stock valuation using valuation multiples.
Wall Street Estimates
AM 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
AM 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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