SPH Relative Valuation - Suburban Propane Partners LP

Watchlist Manager

Watchlist

Price: 18.87 USD -5.93%

Market Cap: 1.2B USD

Section:

Relative Value

The Relative Value of one SPH stock under the Base Case scenario is 41.57 USD. Compared to the current market price of 18.87 USD, Suburban Propane Partners LP is Undervalued by 55%.

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.

What is Relative Valuation?

How is Relative Value calculated?

SPH Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

0.9

P/S

vs History	11
vs Industry	59

Median 5Y

0.6

Industry

1.7

Forward

0.8

More Details

17.6

P/E

vs History	6
vs Industry	26

Median 5Y

9.4

Industry

14.9

Forward

More Details

6.7

P/OCF

vs History	14
vs Industry	39

Median 5Y

3.8

Industry

6.8

More Details

7.3

P/FCFE

vs History	47
vs Industry	39

Median 5Y

7.2

Industry

More Details

2.2

P/B

vs History	9
vs Industry	19

Median 5Y

1.8

Industry

1.4

More Details

1.9

EV/S

vs History	6
vs Industry	56

Median 5Y

1.5

Industry

2.8

Forward

1.8

More Details

3.1

EV/GP

vs History	7
vs Industry	73

Median 5Y

2.6

Industry

7.4

More Details

10.1

EV/EBITDA

vs History	7
vs Industry	40

Median 5Y

7.6

Industry

10.3

Forward

8.8

More Details

13.9

EV/EBIT

vs History	20
vs Industry	41

Median 5Y

Industry

14.9

Forward

11.7

More Details

13.8

EV/OCF

vs History	11
vs Industry	29

Median 5Y

9.2

Industry

10.8

More Details

22.9

EV/FCFF

vs History	11
vs Industry	21

Median 5Y

11.1

Industry

16.9

More Details

1.1

EV/IC

vs History	9
vs Industry	27

Median 5Y

0.9

Industry

0.9

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
US		Suburban Propane Partners LP NYSE:SPH	1.2B USD	0.9	17.6	10.1	13.9
ES		Naturgy Energy Group SA MAD:NTGY	24.8B EUR	1.3	13.1	6.2	8.6
US		Atmos Energy Corp NYSE:ATO	25.6B USD	4.8	18.4	13.4	18.5
IT		Snam SpA MIL:SRG	17.1B EUR	4.8	13.6	11.7	18.3
HK		Hong Kong and China Gas Co Ltd HKEX:3	131.7B HKD	2.4	23.1	14.4	20.7
IN		GAIL (India) Ltd NSE:GAIL	1.2T INR	0.9	9.6	7.1	9.2
JP	T	Tokyo Gas Co Ltd TSE:9531	1.8T JPY	0.7	20.1	7.3	20.3
JP		Osaka Gas Co Ltd TSE:9532	1.5T JPY	0.7	15	9.4	21.3
CN		ENN Energy Holdings Ltd HKEX:2688	69.9B HKD	0.6	10.9	6.1	8.3
CN		ENN Natural Gas Co Ltd SSE:600803	61.5B CNY	0.5	14	6.7	6.7
CA		AltaGas Ltd TSX:ALA	11.6B CAD	0.9	20.6	13.8	20.3

				Revenue Growth	P/S to Growth
US		Suburban Propane Partners LP NYSE:SPH	Average P/S: 1.7 0.9	4%	0.2
ES		Naturgy Energy Group SA MAD:NTGY	1.3	1%	1.3
US		Atmos Energy Corp NYSE:ATO	4.8	11%	0.4
IT		Snam SpA MIL:SRG	4.8	8%	0.6
HK		Hong Kong and China Gas Co Ltd HKEX:3	2.4	4%	0.6
IN		GAIL (India) Ltd NSE:GAIL	0.9	5%	0.2
JP	T	Tokyo Gas Co Ltd TSE:9531	0.7	1%	0.7
JP		Osaka Gas Co Ltd TSE:9532	0.7	0%	N/A
CN		ENN Energy Holdings Ltd HKEX:2688	0.6	6%	0.1
CN		ENN Natural Gas Co Ltd SSE:600803	0.5	8%	0.1
CA		AltaGas Ltd TSX:ALA	0.9	7%	0.1

				Earnings Growth	PEG
US		Suburban Propane Partners LP NYSE:SPH	Average P/E: 16 17.6	19%	0.9
ES		Naturgy Energy Group SA MAD:NTGY	13.1	-1%	N/A
US		Atmos Energy Corp NYSE:ATO	18.4	9%	2
IT		Snam SpA MIL:SRG	13.6	5%	2.7
HK		Hong Kong and China Gas Co Ltd HKEX:3	23.1	7%	3.3
IN		GAIL (India) Ltd NSE:GAIL	9.6	4%	2.4
JP	T	Tokyo Gas Co Ltd TSE:9531	20.1	-5%	N/A
JP		Osaka Gas Co Ltd TSE:9532	15	2%	7.5
CN		ENN Energy Holdings Ltd HKEX:2688	10.9	13%	0.8
CN		ENN Natural Gas Co Ltd SSE:600803	14	15%	0.9
CA		AltaGas Ltd TSX:ALA	20.6	12%	1.7

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication
US	Chevron Corp NYSE:CVX	Energy

	Franklin Covey Co NYSE:FC	21.33 USD 5.23%
	Mohawk Industries Inc NYSE:MHK	105.11 USD 4.28%
	Ardmore Shipping Corp NYSE:ASC	9.67 USD -0.62%
	ASGN Inc NYSE:ASGN	56.42 USD 3.52%
	Skyworks Solutions Inc NASDAQ:SWKS	67.29 USD 0.61%
	Weatherford International PLC NASDAQ:WFRD	45.56 USD 5.88%

	Johnson & Johnson NYSE:JNJ	155.66 USD -1.04%
	Bank of America Corp NYSE:BAC	41.6 USD 1.64%
	Mastercard Inc NYSE:MA	567.12 USD 0.14%
	Salesforce Inc NYSE:CRM	279.74 USD 0.54%
	Abbvie Inc NYSE:ABBV	185.58 USD -1.33%
	Home Depot Inc NYSE:HD	364.86 USD 0.58%

	Arista Networks Inc NYSE:ANET	87.27 USD 0.95%
	Visa Inc NYSE:V	351.27 USD 0.41%
	Texas Pacific Land Corp NYSE:TPL	1 287.49 USD -4.16%
	KLA Corp NASDAQ:KLAC	703.33 USD 1.29%
	Manhattan Associates Inc NASDAQ:MANH	186.86 USD 1.6%
	Monolithic Power Systems Inc NASDAQ:MPWR	639.93 USD 0.51%

	ServiceNow Inc NYSE:NOW	974.49 USD -0.89%
	EOG Resources Inc NYSE:EOG	109.71 USD 1.61%
	Monster Beverage Corp NASDAQ:MNST	60.14 USD -0.69%
	Copart Inc NASDAQ:CPRT	61.78 USD 0.88%
	Applied Materials Inc NASDAQ:AMAT	156 USD 0.12%
	Airbnb Inc NASDAQ:ABNB	126.39 USD 2.66%

Suburban Propane Partners LP
NYSE:SPH

Relative Value

Valuation Multiples

Multiples Across Competitors

SPH Competitors Multiples
Suburban Propane Partners LP Competitors

See Also

Company

Help

Tools

Stocks

				EBITDA Growth	EV/EBITDA to Growth
US		Suburban Propane Partners LP NYSE:SPH	Average EV/EBITDA: 9.6 10.1	8%	1.3
ES		Naturgy Energy Group SA MAD:NTGY	6.2	-1%	N/A
US		Atmos Energy Corp NYSE:ATO	13.4	14%	1
IT		Snam SpA MIL:SRG	11.7	6%	1.9
HK		Hong Kong and China Gas Co Ltd HKEX:3	14.4	7%	2.1
IN		GAIL (India) Ltd NSE:GAIL	7.1	6%	1.2
JP	T	Tokyo Gas Co Ltd TSE:9531	7.3	1%	7.3
JP		Osaka Gas Co Ltd TSE:9532	9.4	0%	N/A
CN		ENN Energy Holdings Ltd HKEX:2688	6.1	10%	0.6
CN		ENN Natural Gas Co Ltd SSE:600803	6.7	21%	0.3
CA		AltaGas Ltd TSX:ALA	13.8	12%	1.1

				EBIT Growth	EV/EBIT to Growth
US		Suburban Propane Partners LP NYSE:SPH	Average EV/EBIT: 15.1 13.9	7%	2
ES		Naturgy Energy Group SA MAD:NTGY	8.6	-4%	N/A
US		Atmos Energy Corp NYSE:ATO	18.5	15%	1.2
IT		Snam SpA MIL:SRG	18.3	5%	3.7
HK		Hong Kong and China Gas Co Ltd HKEX:3	20.7	7%	3
IN		GAIL (India) Ltd NSE:GAIL	9.2	6%	1.5
JP	T	Tokyo Gas Co Ltd TSE:9531	20.3	N/A	N/A
JP		Osaka Gas Co Ltd TSE:9532	21.3	N/A	N/A
CN		ENN Energy Holdings Ltd HKEX:2688	8.3	11%	0.8
CN		ENN Natural Gas Co Ltd SSE:600803	6.7	11%	0.6
CA		AltaGas Ltd TSX:ALA	20.3	21%	1

52 Week Range	16.3667 22.2
Price Target

Suburban Propane Partners LP NYSE:SPH

Relative Value

Valuation Multiples

Multiples Across Competitors

SPH Competitors Multiples Suburban Propane Partners LP Competitors

See Also

Company

Help

Tools

Stocks

Suburban Propane Partners LP
NYSE:SPH

SPH Competitors Multiples
Suburban Propane Partners LP Competitors