Teekay Corp
NYSE:TK

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Teekay Corp
NYSE:TK
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Price: 8.45 USD 2.42% Market Closed
Market Cap: 705.9m USD

Relative Value

The Relative Value of one TK stock under the Base Case scenario is 8.76 USD. Compared to the current market price of 8.45 USD, Teekay Corp is Undervalued by 4%.

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.

TK Relative Value
Base Case
8.76 USD
Undervaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
70
Median 3Y
0.3
Median 5Y
0.3
Industry
1.2
vs History
14
vs Industry
40
Median 3Y
3.5
Median 5Y
2.9
Industry
10.2
vs History
26
vs Industry
54
Median 3Y
1.2
Median 5Y
1
Industry
4.7
vs History
17
vs Industry
42
Median 3Y
2.2
Median 5Y
2
Industry
10
vs History
1
vs Industry
54
Median 3Y
0.6
Median 5Y
0.5
Industry
1.1
vs History
vs Industry
89
Median 3Y
0
Median 5Y
0.4
Industry
1.8
vs History
vs Industry
83
Median 3Y
0.1
Median 5Y
1.6
Industry
4.6
vs History
vs Industry
57
Median 3Y
-0.1
Median 5Y
0.4
Industry
5.9
vs History
vs Industry
53
Median 3Y
-0.1
Median 5Y
0.1
Industry
8.5
vs History
vs Industry
58
Median 3Y
0.1
Median 5Y
3.2
Industry
6.3
vs History
vs Industry
45
Median 3Y
0.1
Median 5Y
3.2
Industry
10.4
vs History
vs Industry
82
Median 3Y
0
Median 5Y
0.2
Industry
0.9

Multiples Across Competitors

TK Competitors Multiples
Teekay Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
Teekay Corp
NYSE:TK
710.3m USD 0.6 5.3 -0 -0
CA
Enbridge Inc
TSX:ENB
139.2B CAD 2.3 23.6 14.8 22.4
US
Williams Companies Inc
NYSE:WMB
73.8B USD 6.8 32.3 17.3 28.7
US
Enterprise Products Partners LP
NYSE:EPD
66.8B USD 1.2 11.6 10.2 13.8
US
Kinder Morgan Inc
NYSE:KMI
62.3B USD 4 24.3 13.8 21.4
US
Energy Transfer LP
NYSE:ET
60B USD 0.7 13.2 8.3 12.8
US
MPLX LP
NYSE:MPLX
51.9B USD 4.2 11.7 10.3 12.8
CA
TC Energy Corp
TSX:TRP
72.3B CAD 5.5 16.6 15.2 22.4
US
Cheniere Energy Inc
NYSE:LNG
52.8B USD 3.1 17 10.2 12.3
US
ONEOK Inc
NYSE:OKE
50.5B USD 2 16.7 12.3 15.3
US
Targa Resources Corp
NYSE:TRGP
34.3B USD 2.1 28.7 12.3 19.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BM
Teekay Corp
NYSE:TK
Average EV/EBITDA: 12.5
Negative Multiple: -0
N/A N/A
CA
Enbridge Inc
TSX:ENB
14.8
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.3
18%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.2
6%
1.7
US
Kinder Morgan Inc
NYSE:KMI
13.8
10%
1.4
US
Energy Transfer LP
NYSE:ET
8.3
8%
1
US
MPLX LP
NYSE:MPLX
10.3
7%
1.5
CA
TC Energy Corp
TSX:TRP
15.2
13%
1.2
US
Cheniere Energy Inc
NYSE:LNG
10.2
0%
N/A
US
ONEOK Inc
NYSE:OKE
12.3
14%
0.9
US
Targa Resources Corp
NYSE:TRGP
12.3
12%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BM
Teekay Corp
NYSE:TK
Average EV/EBIT: 18.1
Negative Multiple: -0
N/A N/A
CA
Enbridge Inc
TSX:ENB
22.4
11%
2
US
Williams Companies Inc
NYSE:WMB
28.7
22%
1.3
US
Enterprise Products Partners LP
NYSE:EPD
13.8
6%
2.3
US
Kinder Morgan Inc
NYSE:KMI
21.4
9%
2.4
US
Energy Transfer LP
NYSE:ET
12.8
9%
1.4
US
MPLX LP
NYSE:MPLX
12.8
7%
1.8
CA
TC Energy Corp
TSX:TRP
22.4
15%
1.5
US
Cheniere Energy Inc
NYSE:LNG
12.3
-1%
N/A
US
ONEOK Inc
NYSE:OKE
15.3
13%
1.2
US
Targa Resources Corp
NYSE:TRGP
19.1
15%
1.3