19.14 USD
+0.09 (+0.47%)
19.14 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to PAGP. PAGP was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of PAGP have multiple concerns. PAGP has a correct valuation and a medium growth rate. Finally PAGP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
PAGP had positive earnings in the past year.
In the past year PAGP had a positive cash flow from operations.
Of the past 5 years PAGP 4 years were profitable.
Each year in the past 5 years PAGP had a positive operating cash flow.
1.2 Ratios
PAGP's Return On Assets of 0.64% is on the low side compared to the rest of the industry. PAGP is outperformed by 65.07% of its industry peers.
The Return On Equity of PAGP (13.83%) is better than 76.56% of its industry peers.
PAGP has a Return On Invested Capital (5.17%) which is in line with its industry peers.
PAGP had an Average Return On Invested Capital over the past 3 years of 5.23%. This is significantly below the industry average of 21.18%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 13.83% | ||
| ROIC | 5.17% |
ROA(3y)0.55%
ROA(5y)-0.07%
ROE(3y)10.48%
ROE(5y)-0.69%
ROIC(3y)5.23%
ROIC(5y)4.87%
1.3 Margins
PAGP has a Profit Margin of 0.40%. This is in the lower half of the industry: PAGP underperforms 65.55% of its industry peers.
PAGP's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.08%, PAGP is doing worse than 68.42% of the companies in the same industry.
In the last couple of years the Operating Margin of PAGP has declined.
PAGP has a Gross Margin of 9.23%. This is in the lower half of the industry: PAGP underperforms 71.29% of its industry peers.
PAGP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.08% | ||
| PM (TTM) | 0.4% | ||
| GM | 9.23% |
OM growth 3Y-8.29%
OM growth 5Y-14.79%
PM growth 3Y12.99%
PM growth 5Y-26.86%
GM growth 3Y2%
GM growth 5Y-6.37%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PAGP is destroying value.
PAGP has more shares outstanding than it did 1 year ago.
PAGP has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PAGP is higher compared to a year ago.
2.2 Solvency
PAGP has a debt to FCF ratio of 4.27. This is a neutral value as PAGP would need 4.27 years to pay back of all of its debts.
PAGP has a better Debt to FCF ratio (4.27) than 67.94% of its industry peers.
PAGP has a Debt/Equity ratio of 6.27. This is a high value indicating a heavy dependency on external financing.
PAGP has a worse Debt to Equity ratio (6.27) than 89.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.27 | ||
| Debt/FCF | 4.27 | ||
| Altman-Z | N/A |
ROIC/WACC0.66
WACC7.83%
2.3 Liquidity
A Current Ratio of 1.04 indicates that PAGP should not have too much problems paying its short term obligations.
The Current ratio of PAGP (1.04) is comparable to the rest of the industry.
A Quick Ratio of 1.01 indicates that PAGP should not have too much problems paying its short term obligations.
PAGP has a Quick ratio of 1.01. This is comparable to the rest of the industry: PAGP outperforms 53.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.41% over the past year.
PAGP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -23.92% yearly.
Looking at the last year, PAGP shows a decrease in Revenue. The Revenue has decreased by -7.42% in the last year.
PAGP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.26% yearly.
EPS 1Y (TTM)9.41%
EPS 3Y18.32%
EPS 5Y-23.92%
EPS Q2Q%141.18%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
3.2 Future
The Earnings Per Share is expected to grow by 29.87% on average over the next years. This is a very strong growth
Based on estimates for the next years, PAGP will show a decrease in Revenue. The Revenue will decrease by -5.80% on average per year.
EPS Next Y200.42%
EPS Next 2Y74.51%
EPS Next 3Y44.67%
EPS Next 5Y29.87%
Revenue Next Year-9.26%
Revenue Next 2Y-1.31%
Revenue Next 3Y-0.03%
Revenue Next 5Y-5.8%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.58, the valuation of PAGP can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of PAGP is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.51, PAGP is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 11.86, the valuation of PAGP can be described as reasonable.
Based on the Price/Forward Earnings ratio, PAGP is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of PAGP to the average of the S&P500 Index (23.13), we can say PAGP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PAGP is valued a bit cheaper than the industry average as 75.60% of the companies are valued more expensively.
PAGP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PAGP is cheaper than 98.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.71 | ||
| EV/EBITDA | 5.05 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PAGP's earnings are expected to grow with 44.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y74.51%
EPS Next 3Y44.67%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.05%, PAGP is a good candidate for dividend investing.
PAGP's Dividend Yield is rather good when compared to the industry average which is at 3.93. PAGP pays more dividend than 82.78% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, PAGP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.05% |
5.2 History
The dividend of PAGP has a limited annual growth rate of 2.27%.
PAGP has paid a dividend for at least 10 years, which is a reliable track record.
PAGP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.27%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
154.84% of the earnings are spent on dividend by PAGP. This is not a sustainable payout ratio.
PAGP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP154.84%
EPS Next 2Y74.51%
EPS Next 3Y44.67%
19.14
+0.09 (+0.47%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners79.33%
Inst Owner Change5.08%
Ins Owners2.67%
Ins Owner Change-0.02%
Market Cap3.79B
Revenue(TTM)46.63B
Net Income(TTM)186.00M
Analysts73
Price Target21.23 (10.92%)
Short Float %5.25%
Short Ratio7.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.05% |
Yearly Dividend0.32
Dividend Growth(5Y)2.27%
DP154.84%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-26.11%
Min EPS beat(2)-55.97%
Max EPS beat(2)3.75%
EPS beat(4)1
Avg EPS beat(4)-45.22%
Min EPS beat(4)-115.08%
Max EPS beat(4)3.75%
EPS beat(8)1
Avg EPS beat(8)-37.26%
EPS beat(12)3
Avg EPS beat(12)10.89%
EPS beat(16)5
Avg EPS beat(16)18.99%
Revenue beat(2)0
Avg Revenue beat(2)-10.46%
Min Revenue beat(2)-14.6%
Max Revenue beat(2)-6.32%
Revenue beat(4)0
Avg Revenue beat(4)-13.7%
Min Revenue beat(4)-17.15%
Max Revenue beat(4)-6.32%
Revenue beat(8)2
Avg Revenue beat(8)-7.6%
Revenue beat(12)2
Avg Revenue beat(12)-7.11%
Revenue beat(16)5
Avg Revenue beat(16)-2.71%
PT rev (1m)0.6%
PT rev (3m)-1.58%
EPS NQ rev (1m)7.18%
EPS NQ rev (3m)12.14%
EPS NY rev (1m)2.57%
EPS NY rev (3m)2.1%
Revenue NQ rev (1m)2.81%
Revenue NQ rev (3m)4.02%
Revenue NY rev (1m)3.34%
Revenue NY rev (3m)5.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 11.86 | ||
| P/S | 0.08 | ||
| P/FCF | 1.71 | ||
| P/OCF | 1.32 | ||
| P/B | 2.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.05 |
EPS(TTM)0.93
EY4.86%
EPS(NY)1.61
Fwd EY8.43%
FCF(TTM)11.18
FCFY58.4%
OCF(TTM)14.52
OCFY75.85%
SpS235.65
BVpS6.8
TBVpS-1.14
PEG (NY)0.1
PEG (5Y)N/A
Graham Number11.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 13.83% | ||
| ROCE | 6.01% | ||
| ROIC | 5.17% | ||
| ROICexc | 5.44% | ||
| ROICexgc | 5.85% | ||
| OM | 3.08% | ||
| PM (TTM) | 0.4% | ||
| GM | 9.23% | ||
| FCFM | 4.74% |
ROA(3y)0.55%
ROA(5y)-0.07%
ROE(3y)10.48%
ROE(5y)-0.69%
ROIC(3y)5.23%
ROIC(5y)4.87%
ROICexc(3y)5.29%
ROICexc(5y)4.92%
ROICexgc(3y)5.77%
ROICexgc(5y)5.34%
ROCE(3y)6.07%
ROCE(5y)5.65%
ROICexgc growth 3Y-2%
ROICexgc growth 5Y-7.01%
ROICexc growth 3Y-1.66%
ROICexc growth 5Y-5.85%
OM growth 3Y-8.29%
OM growth 5Y-14.79%
PM growth 3Y12.99%
PM growth 5Y-26.86%
GM growth 3Y2%
GM growth 5Y-6.37%
F-Score6
Asset Turnover1.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.27 | ||
| Debt/FCF | 4.27 | ||
| Debt/EBITDA | 3.53 | ||
| Cap/Depr | 69.36% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 3.51 | ||
| Cash Conversion | 120.31% | ||
| Profit Quality | 1189.25% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | N/A |
F-Score6
WACC7.83%
ROIC/WACC0.66
Cap/Depr(3y)53.51%
Cap/Depr(5y)63.68%
Cap/Sales(3y)1.06%
Cap/Sales(5y)1.44%
Profit Quality(3y)1354.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.41%
EPS 3Y18.32%
EPS 5Y-23.92%
EPS Q2Q%141.18%
EPS Next Y200.42%
EPS Next 2Y74.51%
EPS Next 3Y44.67%
EPS Next 5Y29.87%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
Revenue Next Year-9.26%
Revenue Next 2Y-1.31%
Revenue Next 3Y-0.03%
Revenue Next 5Y-5.8%
EBIT growth 1Y-4.59%
EBIT growth 3Y-2.81%
EBIT growth 5Y-7.75%
EBIT Next Year71.5%
EBIT Next 3Y18.12%
EBIT Next 5Y11.14%
FCF growth 1Y47.57%
FCF growth 3Y4.06%
FCF growth 5Y8.42%
OCF growth 1Y40.42%
OCF growth 3Y7.65%
OCF growth 5Y-0.13%
PLAINS GP HOLDINGS LP-CL A / PAGP FAQ
Can you provide the ChartMill fundamental rating for PLAINS GP HOLDINGS LP-CL A?
ChartMill assigns a fundamental rating of 4 / 10 to PAGP.
Can you provide the valuation status for PLAINS GP HOLDINGS LP-CL A?
ChartMill assigns a valuation rating of 6 / 10 to PLAINS GP HOLDINGS LP-CL A (PAGP). This can be considered as Fairly Valued.
What is the profitability of PAGP stock?
PLAINS GP HOLDINGS LP-CL A (PAGP) has a profitability rating of 3 / 10.
What is the earnings growth outlook for PLAINS GP HOLDINGS LP-CL A?
The Earnings per Share (EPS) of PLAINS GP HOLDINGS LP-CL A (PAGP) is expected to grow by 200.42% in the next year.
Is the dividend of PLAINS GP HOLDINGS LP-CL A sustainable?
The dividend rating of PLAINS GP HOLDINGS LP-CL A (PAGP) is 7 / 10 and the dividend payout ratio is 154.84%.