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Pembina Pipeline Corp
TSX:PPL

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Pembina Pipeline Corp
TSX:PPL
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Price: 58.21 CAD 0.31%
Market Cap: CA$33.8B

EV/OCF

14
Current
6%
More Expensive
vs 3-y average of 13.2

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
14
=
Enterprise Value
CA$48.6B
/
Operating Cash Flow
CA$3.3B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
14
=
Enterprise Value
CA$48.6B
/
Operating Cash Flow
CA$3.3B

Valuation Scenarios

Pembina Pipeline Corp is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (13.2), the stock would be worth CA$54.71 (6% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-51%
Maximum Upside
No Upside Scenarios
Average Downside
20%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 14 CA$58.21
0%
3-Year Average 13.2 CA$54.71
-6%
5-Year Average 12.8 CA$53.16
-9%
Industry Average 6.9 CA$28.74
-51%
Country Average 11.9 CA$49.49
-15%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
CA
Pembina Pipeline Corp
TSX:PPL
33.7B CAD 14 21.8
CA
Enbridge Inc
TSX:ENB
154.9B CAD 20.7 21.8
US
Williams Companies Inc
NYSE:WMB
86.1B USD 19.4 33.1
US
Enterprise Products Partners LP
NYSE:EPD
80.4B USD 13.2 14.1
US
Kinder Morgan Inc
NYSE:KMI
70.2B USD 17.1 23.2
US
Energy Transfer LP
NYSE:ET
65.2B USD 13 15.6
CA
TC Energy Corp
TSX:TRP
85.6B CAD 19.4 25.1
US
MPLX LP
NYSE:MPLX
56.5B USD 13.3 11.6
US
Cheniere Energy Inc
NYSE:LNG
54.2B USD 13.8 10.1
US
ONEOK Inc
NYSE:OKE
53.3B USD 15.3 15.9
US
Targa Resources Corp
NYSE:TRGP
49.9B USD 17.1 27.4

Market Distribution

In line with most companies in Canada
Percentile
57th
Based on 1 926 companies
57th percentile
14
Low
0 — 7.9
Typical Range
7.9 — 19.5
High
19.5 —
Distribution Statistics
Canada
Min 0
30th Percentile 7.9
Median 11.9
70th Percentile 19.5
Max 22 577.3

Pembina Pipeline Corp
Glance View

In the heart of Calgary, Alberta, Pembina Pipeline Corp stands as a pivotal entity within North America’s energy infrastructure industry. The company, established in 1954, has intricately woven itself into the continent’s energy tapestry, becoming a cornerstone in the transportation and midstream services for natural gas, crude oil, and natural gas liquids. Pembina's operations are distinctly integrated; they manage a sprawling network of pipelines stretching thousands of kilometers, efficiently moving hydrocarbons from remote production sites to bustling markets. This infrastructure supports a diversified array of services, including the collection, processing, transmission, and storage of energy commodities. Pembina’s revenue streams are intricately designed to capitalize on its extensive infrastructure. The company generates income primarily through fee-for-service contracts, which offer stability amidst fluctuating commodity prices. This model provides predictability and ensures steady cash flows, as customers pay for the guaranteed delivery of their products across Pembina's vast network, regardless of market volatility. Additionally, Pembina taps into vertically integrated opportunities such as product marketing and logistics, further enhancing its financial performance. The combination of strategic acquisitions and organic growth initiatives has bolstered Pembina’s position as a robust, reliable partner within the dynamic energy landscape, navigating the sector's complexities with astute operational efficiency.

PPL Intrinsic Value
49.89 CAD
Overvaluation 14%
Intrinsic Value
Price CA$58.21
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