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Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
Watchlist
Price: 116.86 USD -0.7% Market Closed
Updated: Apr 29, 2024
Section:
 

Relative Value

The Relative Value of one TRGP stock under the Base Case scenario is 123.33 USD. Compared to the current market price of 116.86 USD, Targa Resources Corp is Undervalued by 5%.

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.

TRGP Relative Value
Base Case
123.33 USD
Undervaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.6
P/S
P/S
Price to Sales
1.6
vs History
0
vs Industry
43
Median 3Y
0.8
Median 5Y
0.8
Industry
1.4
Forward
1.3
More Details
31.4
P/E
P/E
Price to Earnings
31.4
vs History
23
vs Industry
6
Median 3Y
23.2
Median 5Y
17.5
Industry
9
Forward
21.4
More Details
8.1
P/OCF
P/OCF
Price to OCF
8.1
vs History
0
vs Industry
15
Median 3Y
6.1
Median 5Y
6
Industry
4.8
More Details
15.7
P/FCFE
P/FCFE
Price to FCFE
15.7
vs History
19
vs Industry
17
Median 3Y
13
Median 5Y
8
Industry
11.3
More Details
9.5
P/B
P/B
Price to Book Value
9.5
vs History
0
vs Industry
4
Median 3Y
6.4
Median 5Y
3.8
Industry
1.3
More Details
2.4
EV/S
EV/S
Enterprise Value to Sales
2.4
vs History
0
vs Industry
40
Median 3Y
1.3
Median 5Y
1.4
Industry
2
Forward
1.8
More Details
7.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
7.1
vs History
6
vs Industry
28
Median 3Y
5.9
Median 5Y
5.9
Industry
4.7
More Details
9.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.7
vs History
28
vs Industry
17
Median 3Y
8.4
Median 5Y
8.4
Industry
6
Forward
9.8
More Details
14.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14.5
vs History
44
vs Industry
14
Median 3Y
14
Median 5Y
14.2
Industry
8.2
Forward
14.8
More Details
11.9
EV/OCF
EV/OCF
Enterprise Value to OCF
11.9
vs History
15
vs Industry
14
Median 3Y
9.8
Median 5Y
9.9
Industry
6.3
More Details
46.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
46.2
vs History
4
vs Industry
7
Median 3Y
20.7
Median 5Y
13.2
Industry
10.5
More Details
2
EV/IC
EV/IC
Enterprise Value to IC
2
vs History
0
vs Industry
20
Median 3Y
1.5
Median 5Y
1.2
Industry
1.1
More Details

Multiples Across Competitors

TRGP Competitors Multiples
Targa Resources Corp 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
Targa Resources Corp
NYSE:TRGP
26B USD 1.6 31.4 9.7 14.5
CA
Enbridge Inc
TSX:ENB
104B CAD 2.4 17.8 12.8 19.5
US
Enterprise Products Partners LP
NYSE:EPD
63B USD 1.3 11.5 10.3 13.9
US
Energy Transfer LP
NYSE:ET
55.6B USD 0.7 16 8.4 12.9
US
Williams Companies Inc
NYSE:WMB
47.8B USD 4.4 15 11.1 16.7
US
ONEOK Inc
NYSE:OKE
47.3B USD 2.7 17.8 13.6 16.1
US
MPLX LP
NYSE:MPLX
42.1B USD 3.7 11 10 12.5
US
Kinder Morgan Inc
NYSE:KMI
41.5B USD 2.7 17 11 16.8
CA
TC Energy Corp
TSX:TRP
53.4B CAD 3.4 18.9 11.4 16.1
US
Cheniere Energy Inc
NYSE-MKT:LNG
37.7B USD 1.8 3.8 3.4 3.7
US
Cheniere Energy Partners LP
NYSE-MKT:CQP
23.7B USD 2.5 7.1 6.8 7.7

See Also

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