Valuation Pembina Pipeline Corporation

Equities

Market Closed - Toronto S.E. Other stock markets 21:00:00 06/09/2024 BST			5-day change	1st Jan Change
54.91 ^CAD	+0.02%		+1.14%	+20.36%

08-23	National Bank of Canada Makes Additions to Top Picks List for Pipelines, Utilities, Energy Infrastructure	MT
08-12	Pembina Pipeline's Price Target Raised By RBC Capital Markets	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	24,639	16,553	21,117	25,253	25,062	31,859	-	-
Change	-	-32.82%	27.57%	19.58%	-0.76%	27.12%	-	-
Enterprise Value (EV) ¹	35,481	27,348	32,313	35,759	35,424	46,728	46,344	46,172
Change	-	-22.92%	18.16%	10.66%	-0.94%	31.91%	-0.82%	-0.37%
P/E ratio	18.2x	-35x	19.3x	8.98x	15.3x	16.3x	16.1x	15x
PBR	1.58x	1.11x	1.48x	1.62x	1.59x	-	-	-
PEG	-	0x	-0x	0x	-0.4x	1.3x	12.13x	1.93x
Capitalization / Revenue	3.41x	2.67x	2.45x	2.17x	2.75x	3.94x	3.52x	3.21x
EV / Revenue	4.91x	4.41x	3.75x	3.08x	3.88x	5.78x	5.12x	4.65x
EV / EBITDA	11.6x	8.34x	9.41x	9.55x	9.26x	10.8x	10.3x	10x
EV / EBIT	13.9x	10.6x	11.9x	11.7x	11.2x	14x	12.9x	12.2x
EV / FCF	40x	22.4x	16.2x	15.4x	17.5x	22.9x	21.5x	19.2x
FCF Yield	2.5%	4.47%	6.16%	6.5%	5.73%	4.36%	4.65%	5.2%
Dividend per Share ²	2.36	2.52	2.52	2.55	2.66	2.746	2.837	2.92
Rate of return	4.9%	8.37%	6.57%	5.55%	5.83%	5%	5.17%	5.32%
EPS ²	2.65	-0.86	1.99	5.12	2.99	3.359	3.403	3.668
Distribution rate	89.1%	-293%	127%	49.8%	89%	81.7%	83.3%	79.6%
Net sales ¹	7,230	6,202	8,627	11,611	9,125	8,087	9,048	9,928
EBITDA ¹	3,061	3,281	3,433	3,746	3,824	4,323	4,491	4,619
EBIT ¹	2,550	2,581	2,710	3,063	3,161	3,329	3,585	3,783
Net income ¹	1,361	-476	1,098	2,842	1,648	1,896	1,970	2,121
Net Debt ¹	10,842	10,795	11,196	10,506	10,362	14,869	14,485	14,313
Reference price ²	48.13	30.10	38.37	45.96	45.62	54.91	54.91	54.91
Nbr of stocks (in thousands)	511,928	549,942	550,363	549,455	549,370	580,201	-	-
Announcement Date	27/02/20	25/02/21	24/02/22	23/02/23	22/02/24	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
PEMBINA PIPELINE CORPORATION	16.35x	5.78x	10.81x	+5.00%	23.51B
ENBRIDGE INC.	19.18x	5.57x	11.85x	+6.69%	88.03B
ENTERPRISE PRODUCTS PARTNERS L.P.	10.67x	1.65x	9.37x	+7.30%	62.66B
WILLIAMS COMPANIES	25.01x	7.76x	11.37x	+4.31%	53.95B
ONEOK, INC..	17.97x	3.17x	11.87x	+4.37%	53.19B
TC ENERGY CORPORATION	15.29x	7.6x	11.03x	+6.06%	48.49B
KINDER MORGAN, INC.	17.32x	4.91x	9.83x	+5.44%	46.9B
MPLX LP	10.13x	5.26x	9.41x	+8.30%	43.5B
TARGA RESOURCES CORP.	26.02x	2.45x	11.48x	+2.04%	32.15B
CHENIERE ENERGY PARTNERS, L.P.	10.86x	4.25x	10.41x	+6.70%	23.49B
Average	16.88x	4.84x	10.74x	+5.62%	47.59B
Weighted average by Cap.	17.09x	4.88x	10.82x	+5.80%