Keyera Corp
TSX:KEY

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Keyera Corp
TSX:KEY
Watchlist
Price: 43.26 CAD 1.12% Market Closed
Market Cap: 9.9B 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 49.27 CAD. Compared to the current market price of 43.26 CAD, Keyera Corp is Undervalued by 12%.

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
49.27 CAD
Undervaluation 12%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.4
P/S
P/S
Price to Sales
1.4
vs History
23
vs Industry
43
Median 3Y
1.1
Median 5Y
1.2
Industry
1.2
Forward
1.5
More Details
20.4
P/E
P/E
Price to Earnings
20.4
vs History
58
vs Industry
11
Median 3Y
20.6
Median 5Y
20.9
Industry
9.8
Forward
19.6
More Details
7.8
P/OCF
P/OCF
Price to OCF
7.8
vs History
57
vs Industry
17
Median 3Y
8
Median 5Y
8
Industry
4.6
More Details
24.9
P/FCFE
P/FCFE
Price to FCFE
24.9
vs History
31
vs Industry
10
Median 3Y
23.6
Median 5Y
23
Industry
9.7
More Details
3.5
P/B
P/B
Price to Book Value
3.5
vs History
6
vs Industry
8
Median 3Y
2.7
Median 5Y
2.5
Industry
1.1
More Details
1.9
EV/S
EV/S
Enterprise Value to Sales
1.9
vs History
41
vs Industry
42
Median 3Y
1.7
Median 5Y
1.8
Industry
1.8
Forward
2
More Details
9.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
9.6
vs History
20
vs Industry
21
Median 3Y
9.1
Median 5Y
9.1
Industry
4.4
More Details
11.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11.2
vs History
20
vs Industry
15
Median 3Y
10.3
Median 5Y
10.3
Industry
5.9
Forward
10.9
More Details
15.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
15.9
vs History
19
vs Industry
14
Median 3Y
13.9
Median 5Y
14
Industry
8.3
Forward
15.1
More Details
10.5
EV/OCF
EV/OCF
Enterprise Value to OCF
10.5
vs History
79
vs Industry
18
Median 3Y
11.7
Median 5Y
11.8
Industry
6.2
More Details
13.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
13.1
vs History
79
vs Industry
20
Median 3Y
17.9
Median 5Y
55.8
Industry
10.5
More Details
1.7
EV/IC
EV/IC
Enterprise Value to IC
1.7
vs History
7
vs Industry
20
Median 3Y
1.4
Median 5Y
1.4
Industry
0.9
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
9.9B CAD 1.4 20.4 11.2 15.9
CA
Enbridge Inc
TSX:ENB
141B CAD 2.6 27.9 15.6 23.8
US
Williams Companies Inc
NYSE:WMB
73.1B USD 7 32.9 17.7 29.4
US
Enterprise Products Partners LP
NYSE:EPD
66B USD 1.2 11.3 10.2 13.8
US
Kinder Morgan Inc
NYSE:KMI
59.6B USD 3.8 23.2 13.4 20.8
US
Energy Transfer LP
NYSE:ET
57B USD 0.7 13 8.2 12.6
US
Cheniere Energy Inc
NYSE:LNG
52.8B USD 3.4 16.2 10 11.9
US
MPLX LP
NYSE:MPLX
52.8B USD 4.4 12.3 10.8 13.4
CA
TC Energy Corp
TSX:TRP
73.1B CAD 5.3 15.9 14.9 22.1
US
ONEOK Inc
NYSE:OKE
48.3B USD 2.2 15.9 12.7 15.5
US
Targa Resources Corp
NYSE:TRGP
35.2B USD 2.2 27.8 11.9 18.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Keyera Corp
TSX:KEY
Average EV/EBITDA: 12.4
11.2
5%
2.2
CA
Enbridge Inc
TSX:ENB
15.6
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.7
17%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.2
7%
1.5
US
Kinder Morgan Inc
NYSE:KMI
13.4
11%
1.2
US
Energy Transfer LP
NYSE:ET
8.2
9%
0.9
US
Cheniere Energy Inc
NYSE:LNG
10
0%
N/A
US
MPLX LP
NYSE:MPLX
10.8
7%
1.5
CA
TC Energy Corp
TSX:TRP
14.9
13%
1.1
US
ONEOK Inc
NYSE:OKE
12.7
15%
0.8
US
Targa Resources Corp
NYSE:TRGP
11.9
13%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Keyera Corp
TSX:KEY
Average EV/EBIT: 17.9
15.9
7%
2.3
CA
Enbridge Inc
TSX:ENB
23.8
12%
2
US
Williams Companies Inc
NYSE:WMB
29.4
17%
1.7
US
Enterprise Products Partners LP
NYSE:EPD
13.8
7%
2
US
Kinder Morgan Inc
NYSE:KMI
20.8
9%
2.3
US
Energy Transfer LP
NYSE:ET
12.6
8%
1.6
US
Cheniere Energy Inc
NYSE:LNG
11.9
-1%
N/A
US
MPLX LP
NYSE:MPLX
13.4
7%
1.9
CA
TC Energy Corp
TSX:TRP
22.1
16%
1.4
US
ONEOK Inc
NYSE:OKE
15.5
12%
1.3
US
Targa Resources Corp
NYSE:TRGP
18.1
16%
1.1

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
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