Keyera Corp
TSX:KEY

Watchlist Manager
Keyera Corp Logo
Keyera Corp
TSX:KEY
Watchlist
Price: 42.65 CAD 0.61% Market Closed
Market Cap: 9.8B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one KEY stock under the Base Case scenario is 50.5 CAD. Compared to the current market price of 42.65 CAD, Keyera Corp 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.

KEY Relative Value
Base Case
50.5 CAD
Undervaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.3
P/S
P/S
Price to Sales
1.3
vs History
30
vs Industry
43
Median 3Y
1.1
Median 5Y
1.2
Industry
1.3
Forward
1.5
More Details
17.9
P/E
P/E
Price to Earnings
17.9
vs History
77
vs Industry
11
Median 3Y
20.6
Median 5Y
20.7
Industry
10.7
Forward
19.3
More Details
9.5
P/OCF
P/OCF
Price to OCF
9.5
vs History
20
vs Industry
17
Median 3Y
8.2
Median 5Y
8.3
Industry
4.9
More Details
25.5
P/FCFE
P/FCFE
Price to FCFE
25.5
vs History
31
vs Industry
10
Median 3Y
24.3
Median 5Y
23
Industry
10.6
More Details
3.4
P/B
P/B
Price to Book Value
3.4
vs History
11
vs Industry
8
Median 3Y
2.7
Median 5Y
2.5
Industry
1.2
More Details
1.8
EV/S
EV/S
Enterprise Value to Sales
1.8
vs History
55
vs Industry
42
Median 3Y
1.7
Median 5Y
1.8
Industry
1.9
Forward
2
More Details
9.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
9.1
vs History
50
vs Industry
21
Median 3Y
9.1
Median 5Y
9.1
Industry
4.7
More Details
10.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.5
vs History
42
vs Industry
15
Median 3Y
10.3
Median 5Y
10.3
Industry
6.3
Forward
10.9
More Details
14.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14.6
vs History
38
vs Industry
14
Median 3Y
14
Median 5Y
14.1
Industry
8.9
Forward
15.5
More Details
12.8
EV/OCF
EV/OCF
Enterprise Value to OCF
12.8
vs History
42
vs Industry
18
Median 3Y
11.9
Median 5Y
12
Industry
6.5
More Details
16.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
16.8
vs History
66
vs Industry
20
Median 3Y
17.6
Median 5Y
55.8
Industry
10.7
More Details
1.7
EV/IC
EV/IC
Enterprise Value to IC
1.7
vs History
11
vs Industry
20
Median 3Y
1.4
Median 5Y
1.4
Industry
1
More Details

Multiples Across Competitors

KEY Competitors Multiples
Keyera Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Keyera Corp
TSX:KEY
9.8B CAD 1.3 17.9 10.5 14.6
CA
Enbridge Inc
TSX:ENB
132.9B CAD 2.2 22.5 14.4 21.8
US
Williams Companies Inc
NYSE:WMB
71B USD 6.6 31.1 16.8 27.9
US
Enterprise Products Partners LP
NYSE:EPD
69.2B USD 1.2 12 10.5 14.2
US
Kinder Morgan Inc
NYSE:KMI
61.9B USD 4 24.1 13.7 21.3
US
Energy Transfer LP
NYSE:ET
59.9B USD 0.7 13.1 8.2 12.8
US
Cheniere Energy Inc
NYSE:LNG
52.4B USD 3.1 16.9 10.1 12.2
US
MPLX LP
NYSE:MPLX
51.5B USD 4.2 11.7 10.3 12.7
US
ONEOK Inc
NYSE:OKE
50.8B USD 2 16.8 12.4 15.4
CA
TC Energy Corp
TSX:TRP
67.4B CAD 5.1 15.4 14.6 21.6
US
Targa Resources Corp
NYSE:TRGP
37.4B USD 2.3 31.3 13 20.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Keyera Corp
TSX:KEY
Average EV/EBITDA: 12.2
10.5
4%
2.6
CA
Enbridge Inc
TSX:ENB
14.4
14%
1
US
Williams Companies Inc
NYSE:WMB
16.8
18%
0.9
US
Enterprise Products Partners LP
NYSE:EPD
10.5
6%
1.7
US
Kinder Morgan Inc
NYSE:KMI
13.7
10%
1.4
US
Energy Transfer LP
NYSE:ET
8.2
8%
1
US
Cheniere Energy Inc
NYSE:LNG
10.1
0%
N/A
US
MPLX LP
NYSE:MPLX
10.3
7%
1.5
US
ONEOK Inc
NYSE:OKE
12.4
14%
0.9
CA
TC Energy Corp
TSX:TRP
14.6
13%
1.1
US
Targa Resources Corp
NYSE:TRGP
13
12%
1.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Keyera Corp
TSX:KEY
Average EV/EBIT: 17.7
14.6
6%
2.4
CA
Enbridge Inc
TSX:ENB
21.8
11%
2
US
Williams Companies Inc
NYSE:WMB
27.9
22%
1.3
US
Enterprise Products Partners LP
NYSE:EPD
14.2
6%
2.4
US
Kinder Morgan Inc
NYSE:KMI
21.3
9%
2.4
US
Energy Transfer LP
NYSE:ET
12.8
9%
1.4
US
Cheniere Energy Inc
NYSE:LNG
12.2
-1%
N/A
US
MPLX LP
NYSE:MPLX
12.7
7%
1.8
US
ONEOK Inc
NYSE:OKE
15.4
13%
1.2
CA
TC Energy Corp
TSX:TRP
21.6
15%
1.4
US
Targa Resources Corp
NYSE:TRGP
20.3
15%
1.4

See Also

Summary
KEY intrinsic value, competitors valuation, and company profile.
DCF Valuation
KEY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
KEY stock valuation using valuation multiples.
Wall Street Estimates
KEY 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
KEY 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
Back to Top
ALPHA SPREAD
Follow us
Join more than 267,700+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.