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 58,114 - -
Change - 9.17% 11.59% 32.63% 11.32% 7.06% - -
Enterprise Value (EV) 1 48,736 52,504 56,148 68,189 77,797 83,384 84,273 85,105
Change - 7.73% 6.94% 21.45% 14.09% 7.18% 1.07% 0.99%
P/E 10.3x 8.76x 9.66x 11.4x 11.1x 13.3x 11.8x 11.1x
PBR 2.57x 2.67x 2.9x 3.59x 3.79x 4.04x 3.98x 3.92x
PEG - 0.3x 7.25x 1.1x 0.8x -1.3x 1x 1.59x
Capitalization / Revenue 3.01x 2.84x 3.26x 4.09x 4.18x 4.43x 4.13x 3.88x
EV / Revenue 4.86x 4.52x 4.98x 5.71x 5.99x 6.35x 5.98x 5.68x
EV / EBITDA 8.77x 9.09x 8.96x 10.1x 11.1x 11.5x 10.8x 10.3x
EV / EBIT 12.2x 10.7x 11.5x 12.9x 13.1x 14.9x 13.8x 13.2x
EV / FCF 11.1x 12.5x 13.6x 17.3x 75.3x 28.1x 19.7x 17.1x
FCF Yield 9.03% 8.02% 7.36% 5.78% 1.33% 3.55% 5.08% 5.85%
Dividend per Share 2 3.36 2.96 3.25 3.613 4.066 4.549 5.13 5.527
Rate of return 11.4% 9.01% 8.85% 7.55% 7.62% 7.94% 8.95% 9.64%
EPS 2 2.86 3.75 3.8 4.21 4.82 4.314 4.841 5.179
Distribution rate 117% 78.9% 85.5% 85.8% 84.4% 105% 106% 107%
Net sales 1 10,027 11,613 11,281 11,933 12,998 13,131 14,084 14,976
EBITDA 1 5,560 5,775 6,269 6,764 7,017 7,271 7,838 8,289
EBIT 1 3,992 4,911 4,900 5,288 5,943 5,587 6,115 6,433
Net income 1 2,936 3,815 3,829 4,290 4,912 4,443 4,987 5,348
Net Debt 1 18,558 19,558 19,383 19,429 23,516 25,270 26,158 26,991
Reference price 2 29.59 32.84 36.72 47.86 53.37 57.32 57.32 57.32
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.($)
13.22x6.33x11.43x7.97% 58.11B
23.41x3.19x12.78x5.94% 104B
28.82x9.81x14.16x2.95% 88.48B
12.25x1.78x10.28x6.08% 79.36B
20.47x5.63x11.36x3.75% 71.81B
22.7x9.27x12.44x4.17% 62.46B
25.2x4.28x13.61x1.76% 61.86B
35.18x3.39x9.41x0.85% 57.39B
13.53x3.94x11.08x5.13% 30.89B
21.16x6.37x12.33x4.45% 27.43B
Average 21.60x 5.40x 11.89x 4.3% 64.13B
Weighted average by Cap. 22.11x 5.37x 12.02x 4.35%

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