Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
Watchlist
Price: 160.05 USD 0.73% Market Closed
Market Cap: 34.8B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TRGP stock under the Base Case scenario is 203.43 USD. Compared to the current market price of 160.05 USD, Targa Resources Corp is Undervalued by 21%.

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
203.43 USD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.1
P/S
P/S
Price to Sales
2.1
vs History
11
vs Industry
29
Median 3Y
1.1
Median 5Y
0.8
Industry
1.2
Forward
1.5
More Details
29.1
P/E
P/E
Price to Earnings
29.1
vs History
36
vs Industry
6
Median 3Y
23.6
Median 5Y
22.5
Industry
9.8
Forward
19.3
More Details
9.3
P/OCF
P/OCF
Price to OCF
9.3
vs History
15
vs Industry
11
Median 3Y
6.8
Median 5Y
6.1
Industry
4.6
More Details
11.2
P/FCFE
P/FCFE
Price to FCFE
11.2
vs History
61
vs Industry
7
Median 3Y
12.2
Median 5Y
12.6
Industry
9.7
More Details
14.2
P/B
P/B
Price to Book Value
14.2
vs History
9
vs Industry
1
Median 3Y
7.1
Median 5Y
6.2
Industry
1.1
More Details
3.1
EV/S
EV/S
Enterprise Value to Sales
3.1
vs History
9
vs Industry
29
Median 3Y
1.9
Median 5Y
1.4
Industry
1.8
Forward
2.1
More Details
8.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
8.9
vs History
11
vs Industry
20
Median 3Y
6.8
Median 5Y
5.8
Industry
4.4
More Details
12.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.4
vs History
9
vs Industry
12
Median 3Y
9.8
Median 5Y
8.3
Industry
5.9
Forward
10.3
More Details
19.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
19.3
vs History
9
vs Industry
10
Median 3Y
15.4
Median 5Y
14
Industry
8.3
Forward
15
More Details
13.5
EV/OCF
EV/OCF
Enterprise Value to OCF
13.5
vs History
15
vs Industry
12
Median 3Y
11.1
Median 5Y
9.7
Industry
6.2
More Details
78.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
78.5
vs History
20
vs Industry
5
Median 3Y
37.6
Median 5Y
27.3
Industry
10.5
More Details
2.4
EV/IC
EV/IC
Enterprise Value to IC
2.4
vs History
11
vs Industry
13
Median 3Y
1.7
Median 5Y
1.5
Industry
0.9
More Details

Multiples Across Competitors

TRGP Competitors Multiples
Targa Resources Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Targa Resources Corp
NYSE:TRGP
34.8B USD 2.1 29.1 12.4 19.3
CA
Enbridge Inc
TSX:ENB
138.9B CAD 2.6 27.5 15.4 23.6
US
Williams Companies Inc
NYSE:WMB
69.6B USD 6.6 31.3 17 28.3
US
Enterprise Products Partners LP
NYSE:EPD
66.4B USD 1.2 11.4 10.3 13.8
US
Kinder Morgan Inc
NYSE:KMI
60.1B USD 3.9 23.4 13.5 20.9
US
Energy Transfer LP
NYSE:ET
59.6B USD 0.7 13.6 8.3 13
US
Cheniere Energy Inc
NYSE:LNG
53.2B USD 3.4 16.3 10 12
CA
TC Energy Corp
TSX:TRP
71B CAD 5.4 16.3 15 22.2
US
MPLX LP
NYSE:MPLX
50.6B USD 4.2 11.8 10.4 13
US
ONEOK Inc
NYSE:OKE
48B USD 2.2 15.8 12.6 15.5
US
Cheniere Energy Partners LP
NYSE:CQP
27.6B USD 3.2 13.4 10.6 12.9

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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