Hess Midstream LP
NYSE:HESM

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Hess Midstream LP
NYSE:HESM
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Price: 33.86 USD -0.18% Market Closed
Market Cap: 7B USD
Section:
 

Relative Value

The Relative Value of one HESM stock under the Base Case scenario is 45.1 USD. Compared to the current market price of 33.86 USD, Hess Midstream LP is Undervalued by 25%.

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.

HESM Relative Value
Base Case
45.1 USD
Undervaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

4.4
P/S
P/S
Price to Sales
4.4
vs History
85
vs Industry
18
Median 3Y
5.1
Median 5Y
4.9
Industry
1.4
Forward
4.2
More Details
21.3
P/E
P/E
Price to Earnings
21.3
vs History
95
vs Industry
5
Median 3Y
50.6
Median 5Y
68.1
Industry
12
Forward
11.8
More Details
7
P/OCF
P/OCF
Price to OCF
7
vs History
73
vs Industry
14
Median 3Y
8.1
Median 5Y
7.5
Industry
5.1
More Details
6.9
P/FCFE
P/FCFE
Price to FCFE
6.9
vs History
57
vs Industry
23
Median 3Y
7.4
Median 5Y
7.4
Industry
10.9
More Details
12.3
P/B
P/B
Price to Book Value
12.3
vs History
95
vs Industry
1
Median 3Y
17.1
Median 5Y
21.8
Industry
1.3
More Details
6.7
EV/S
EV/S
Enterprise Value to Sales
6.7
vs History
74
vs Industry
18
Median 3Y
7.5
Median 5Y
7.1
Industry
2.1
Forward
6.5
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
5.2
More Details
8.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.9
vs History
80
vs Industry
15
Median 3Y
10
Median 5Y
9.5
Industry
6.7
Forward
8.5
More Details
10.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
10.8
vs History
90
vs Industry
16
Median 3Y
12.3
Median 5Y
11.8
Industry
10
Forward
10.3
More Details
10.8
EV/OCF
EV/OCF
Enterprise Value to OCF
10.8
vs History
50
vs Industry
14
Median 3Y
11.9
Median 5Y
10.9
Industry
6.9
More Details
15.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
15.1
vs History
52
vs Industry
15
Median 3Y
16.3
Median 5Y
15.3
Industry
11.5
More Details
2.5
EV/IC
EV/IC
Enterprise Value to IC
2.5
vs History
61
vs Industry
12
Median 3Y
2.7
Median 5Y
2.6
Industry
1
More Details

Multiples Across Competitors

HESM Competitors Multiples
Hess Midstream LP Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Hess Midstream LP
NYSE:HESM
7B USD 4.4 21.3 8.9 10.8
CA
Enbridge Inc
TSX:ENB
140.2B CAD 2.2 25 14.6 22.2
US
Williams Companies Inc
NYSE:WMB
71.2B USD 6.2 30.1 15.5 24.6
US
Enterprise Products Partners LP
NYSE:EPD
69.1B USD 1.3 12.1 10.7 14.6
US
Kinder Morgan Inc
NYSE:KMI
59.1B USD 3.6 21.7 13.1 20.3
CA
TC Energy Corp
TSX:TRP
78.5B CAD 6.3 23 15.9 23.3
US
Energy Transfer LP
NYSE:ET
56.3B USD 0.7 13 7.8 12.5
US
MPLX LP
NYSE:MPLX
54.5B USD 4.3 11.4 10.8 13.2
US
ONEOK Inc
NYSE:OKE
45.2B USD 1.4 13.5 10.3 12.9
US
Cheniere Energy Inc
NYSE:LNG
41.1B USD 2.2 10.3 7.4 8.8
US
Targa Resources Corp
NYSE:TRGP
38.4B USD 2.2 23.8 11.9 17.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Hess Midstream LP
NYSE:HESM
Average EV/EBITDA: 11.5
8.9
6%
1.5
CA
Enbridge Inc
TSX:ENB
14.6
14%
1
US
Williams Companies Inc
NYSE:WMB
15.5
19%
0.8
US
Enterprise Products Partners LP
NYSE:EPD
10.7
5%
2.1
US
Kinder Morgan Inc
NYSE:KMI
13.1
11%
1.2
CA
TC Energy Corp
TSX:TRP
15.9
13%
1.2
US
Energy Transfer LP
NYSE:ET
7.8
9%
0.9
US
MPLX LP
NYSE:MPLX
10.8
8%
1.3
US
ONEOK Inc
NYSE:OKE
10.3
13%
0.8
US
Cheniere Energy Inc
NYSE:LNG
7.4
0%
N/A
US
Targa Resources Corp
NYSE:TRGP
11.9
13%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Hess Midstream LP
NYSE:HESM
Average EV/EBIT: 16.4
10.8
6%
1.8
CA
Enbridge Inc
TSX:ENB
22.2
17%
1.3
US
Williams Companies Inc
NYSE:WMB
24.6
23%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
14.6
5%
2.9
US
Kinder Morgan Inc
NYSE:KMI
20.3
10%
2
CA
TC Energy Corp
TSX:TRP
23.3
16%
1.5
US
Energy Transfer LP
NYSE:ET
12.5
7%
1.8
US
MPLX LP
NYSE:MPLX
13.2
7%
1.9
US
ONEOK Inc
NYSE:OKE
12.9
11%
1.2
US
Cheniere Energy Inc
NYSE:LNG
8.8
-1%
N/A
US
Targa Resources Corp
NYSE:TRGP
17.7
15%
1.2

See Also

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