Hess Midstream LP
NYSE:HESM

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Hess Midstream LP Logo
Hess Midstream LP
NYSE:HESM
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Price: 38.95 USD 0.05% Market Closed
Market Cap: 8.9B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one HESM stock under the Base Case scenario is 46.58 USD. Compared to the current market price of 38.95 USD, Hess Midstream LP is Undervalued by 16%.

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
46.58 USD
Undervaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.6
P/S
P/S
Price to Sales
5.6
vs History
9
vs Industry
18
Median 3Y
5.1
Median 5Y
4.9
Industry
1.3
Forward
5
More Details
34
P/E
P/E
Price to Earnings
34
vs History
95
vs Industry
5
Median 3Y
60.9
Median 5Y
72
Industry
10.4
Forward
13.3
More Details
9
P/OCF
P/OCF
Price to OCF
9
vs History
4
vs Industry
14
Median 3Y
8
Median 5Y
7.5
Industry
4.9
More Details
9.5
P/FCFE
P/FCFE
Price to FCFE
9.5
vs History
15
vs Industry
23
Median 3Y
7.4
Median 5Y
7.2
Industry
10.4
More Details
16
P/B
P/B
Price to Book Value
16
vs History
88
vs Industry
1
Median 3Y
19.5
Median 5Y
23.9
Industry
1.2
More Details
7.8
EV/S
EV/S
Enterprise Value to Sales
7.8
vs History
9
vs Industry
18
Median 3Y
7.5
Median 5Y
7.1
Industry
1.9
Forward
7.1
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
4.6
More Details
10.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.5
vs History
9
vs Industry
15
Median 3Y
10
Median 5Y
9.5
Industry
6.1
Forward
9.3
More Details
12.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12.8
vs History
15
vs Industry
16
Median 3Y
12.3
Median 5Y
11.7
Industry
8.9
Forward
11.3
More Details
12.7
EV/OCF
EV/OCF
Enterprise Value to OCF
12.7
vs History
6
vs Industry
14
Median 3Y
11.6
Median 5Y
10.8
Industry
6.4
More Details
18.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
18.8
vs History
19
vs Industry
15
Median 3Y
15.3
Median 5Y
16.2
Industry
10.3
More Details
2.9
EV/IC
EV/IC
Enterprise Value to IC
2.9
vs History
6
vs Industry
12
Median 3Y
2.7
Median 5Y
2.5
Industry
1
More Details

Multiples Across Competitors

HESM Competitors Multiples
Hess Midstream LP Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Hess Midstream LP
NYSE:HESM
8.5B USD 5.6 34 10.5 12.8
CA
Enbridge Inc
TSX:ENB
136.8B CAD 2.2 23.2 14.7 22.2
US
Williams Companies Inc
NYSE:WMB
71.3B USD 6.6 31.3 16.9 28
US
Enterprise Products Partners LP
NYSE:EPD
67.7B USD 1.2 11.7 10.3 14
US
Energy Transfer LP
NYSE:ET
61.5B USD 0.7 13.5 8.4 13
US
Kinder Morgan Inc
NYSE:KMI
61B USD 3.9 23.8 13.6 21.1
US
Cheniere Energy Inc
NYSE:LNG
52.6B USD 3.1 16.9 10.1 12.2
US
MPLX LP
NYSE:MPLX
52.3B USD 4.3 11.9 10.4 12.9
US
ONEOK Inc
NYSE:OKE
50.8B USD 2 16.8 12.4 15.4
CA
TC Energy Corp
TSX:TRP
68.6B CAD 5.2 15.7 14.8 21.8
US
Targa Resources Corp
NYSE:TRGP
36.9B USD 2.3 30.9 12.9 20.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Hess Midstream LP
NYSE:HESM
Average EV/EBITDA: 12.3
10.5
10%
1
CA
Enbridge Inc
TSX:ENB
14.7
14%
1
US
Williams Companies Inc
NYSE:WMB
16.9
18%
0.9
US
Enterprise Products Partners LP
NYSE:EPD
10.3
6%
1.7
US
Energy Transfer LP
NYSE:ET
8.4
8%
1
US
Kinder Morgan Inc
NYSE:KMI
13.6
10%
1.4
US
Cheniere Energy Inc
NYSE:LNG
10.1
0%
N/A
US
MPLX LP
NYSE:MPLX
10.4
7%
1.5
US
ONEOK Inc
NYSE:OKE
12.4
14%
0.9
CA
TC Energy Corp
TSX:TRP
14.8
13%
1.1
US
Targa Resources Corp
NYSE:TRGP
12.9
12%
1.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Hess Midstream LP
NYSE:HESM
Average EV/EBIT: 17.6
12.8
11%
1.2
CA
Enbridge Inc
TSX:ENB
22.2
11%
2
US
Williams Companies Inc
NYSE:WMB
28
22%
1.3
US
Enterprise Products Partners LP
NYSE:EPD
14
6%
2.3
US
Energy Transfer LP
NYSE:ET
13
9%
1.4
US
Kinder Morgan Inc
NYSE:KMI
21.1
9%
2.3
US
Cheniere Energy Inc
NYSE:LNG
12.2
-1%
N/A
US
MPLX LP
NYSE:MPLX
12.9
7%
1.8
US
ONEOK Inc
NYSE:OKE
15.4
13%
1.2
CA
TC Energy Corp
TSX:TRP
21.8
15%
1.5
US
Targa Resources Corp
NYSE:TRGP
20.1
15%
1.3

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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