Company Valuation: MPLX LP

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30,178 32,946 36,765 48,760 54,281 60,994 - -
Change - 9.17% 11.59% 32.63% 11.32% 12.37% - -
Enterprise Value (EV) 1 48,736 52,504 56,148 68,189 77,797 86,262 87,181 88,025
Change - 7.73% 6.94% 21.45% 14.09% 10.88% 1.07% 0.97%
P/E 10.3x 8.76x 9.66x 11.4x 11.1x 14x 12.3x 11.5x
PBR 2.57x 2.67x 2.9x 3.59x 3.79x 4.25x 4.19x 4.14x
PEG - 0.3x 7.25x 1.1x 0.8x -1.3x 0.9x 1.55x
Capitalization / Revenue 3.01x 2.84x 3.26x 4.09x 4.18x 4.64x 4.33x 4.07x
EV / Revenue 4.86x 4.52x 4.98x 5.71x 5.99x 6.57x 6.19x 5.87x
EV / EBITDA 8.77x 9.09x 8.96x 10.1x 11.1x 11.9x 11.1x 10.6x
EV / EBIT 12.2x 10.7x 11.5x 12.9x 13.1x 15.5x 14.3x 13.7x
EV / FCF 11.1x 12.5x 13.6x 17.3x 75.3x 29x 20.5x 17.7x
FCF Yield 9.03% 8.02% 7.36% 5.78% 1.33% 3.45% 4.88% 5.66%
Dividend per Share 2 3.36 2.96 3.25 3.613 4.066 4.548 5.13 5.527
Rate of return 11.4% 9.01% 8.85% 7.55% 7.62% 7.56% 8.53% 9.19%
EPS 2 2.86 3.75 3.8 4.21 4.82 4.311 4.877 5.238
Distribution rate 117% 78.9% 85.5% 85.8% 84.4% 105% 105% 106%
Net sales 1 10,027 11,613 11,281 11,933 12,998 13,134 14,093 14,984
EBITDA 1 5,560 5,775 6,269 6,764 7,017 7,264 7,828 8,305
EBIT 1 3,992 4,911 4,900 5,288 5,943 5,570 6,111 6,425
Net income 1 2,936 3,815 3,829 4,290 4,912 4,423 4,968 5,322
Net Debt 1 18,558 19,558 19,383 19,429 23,516 25,269 26,188 27,031
Reference price 2 29.59 32.84 36.72 47.86 53.37 60.16 60.16 60.16
Nbr of stocks (in thousands) 1,019,864 1,003,243 1,001,217 1,018,812 1,017,065 1,013,858 - -
Announcement Date 02/02/22 31/01/23 30/01/24 04/02/25 03/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.95x6.57x11.88x7.56% 60.99B
24.92x3.34x13.25x5.62% 110B
29.8x10.03x14.58x2.84% 90.94B
12.57x1.73x10.41x5.87% 82.38B
21.99x5.88x11.81x3.51% 75.45B
12.04x1.14x7.3x6.54% 72B
27.76x4.61x14.66x1.58% 67.54B
28.74x3.77x9.92x0.7% 67.45B
23.42x9.62x12.92x3.89% 67.33B
14.73x4.36x11.37x4.89% 32.24B
Average 20.99x 5.11x 11.81x 4.3% 72.67B
Weighted average by Cap. 21.66x 5.10x 11.95x 4.31%

Y-o-Y evolution of P/E

Valuation ratios - P/E - MPLX LP

Historical PBR trend

Valuation ratios - PBR - MPLX LP

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - MPLX LP

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - MPLX LP


Year-on-year evolution of the Yield

Valuation ratios - Yield - MPLX LP