18.54 USD
+0.06 (+0.32%)
18.54 USD
0 (0%)
PAGP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. PAGP has a bad profitability rating. Also its financial health evaluation is rather negative. PAGP is valued quite cheap, while showing a decent growth score. This is a good combination! PAGP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year PAGP was profitable.
PAGP had a positive operating cash flow in the past year.
PAGP had positive earnings in 4 of the past 5 years.
In the past 5 years PAGP always reported a positive cash flow from operatings.
1.2 Ratios
PAGP has a Return On Assets of 0.64%. This is in the lower half of the industry: PAGP underperforms 66.19% of its industry peers.
With a decent Return On Equity value of 13.83%, PAGP is doing good in the industry, outperforming 74.29% of the companies in the same industry.
PAGP's Return On Invested Capital of 5.17% is in line compared to the rest of the industry. PAGP outperforms 43.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PAGP is significantly below the industry average of 21.41%.
| 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
With a Profit Margin value of 0.40%, PAGP is not doing good in the industry: 65.71% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of PAGP has declined.
PAGP's Operating Margin of 3.08% is on the low side compared to the rest of the industry. PAGP is outperformed by 70.00% of its industry peers.
PAGP's Operating Margin has declined in the last couple of years.
PAGP has a Gross Margin of 9.23%. This is in the lower half of the industry: PAGP underperforms 71.43% of its industry peers.
In the last couple of years the Gross Margin of PAGP has declined.
| 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
PAGP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PAGP has been increased compared to 1 year ago.
The number of shares outstanding for PAGP has been reduced compared to 5 years ago.
Compared to 1 year ago, PAGP has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of PAGP is 4.27, which is a neutral value as it means it would take PAGP, 4.27 years of fcf income to pay off all of its debts.
PAGP has a better Debt to FCF ratio (4.27) than 68.10% 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.
The Debt to Equity ratio of PAGP (6.27) is worse than 90.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.27 | ||
| Debt/FCF | 4.27 | ||
| Altman-Z | N/A |
ROIC/WACC0.67
WACC7.7%
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.
Looking at the Quick ratio, with a value of 1.01, PAGP is in line with its industry, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
PAGP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.41%, which is quite good.
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.
Measured over the past years, PAGP shows a quite strong growth in Revenue. The Revenue has been growing by 8.26% on average per year.
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 28.07% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -5.80% on average over the next years.
EPS Next Y192.89%
EPS Next 2Y74.2%
EPS Next 3Y44.93%
EPS Next 5Y28.07%
Revenue Next Year-12.2%
Revenue Next 2Y-1.18%
Revenue Next 3Y-0.21%
Revenue Next 5Y-5.8%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.94, which indicates a rather expensive current valuation of PAGP.
PAGP's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of PAGP to the average of the S&P500 Index (26.31), we can say PAGP is valued slightly cheaper.
With a Price/Forward Earnings ratio of 11.53, the valuation of PAGP can be described as very reasonable.
67.14% of the companies in the same industry are more expensive than PAGP, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.59. PAGP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.94 | ||
| Fwd PE | 11.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PAGP is valued a bit cheaper than the industry average as 75.71% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PAGP is valued cheaper than 99.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.66 | ||
| EV/EBITDA | 4.99 |
4.3 Compensation for Growth
PAGP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PAGP's earnings are expected to grow with 44.93% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y74.2%
EPS Next 3Y44.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.45%, PAGP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.90, PAGP pays a better dividend. On top of this PAGP pays more dividend than 84.29% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, PAGP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
5.2 History
The dividend of PAGP has a limited annual growth rate of 2.27%.
PAGP has been paying a dividend for at least 10 years, so it has 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.
The dividend of PAGP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP154.84%
EPS Next 2Y74.2%
EPS Next 3Y44.93%
18.54
+0.06 (+0.32%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners80.6%
Inst Owner Change5.08%
Ins Owners2.67%
Ins Owner Change-0.02%
Market Cap3.67B
Revenue(TTM)46.63B
Net Income(TTM)186.00M
Analysts73
Price Target21.1 (13.81%)
Short Float %5.09%
Short Ratio7.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
Yearly Dividend0.32
Dividend Growth(5Y)2.27%
DP154.84%
Div Incr Years3
Div Non Decr Years3
Ex-Date
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)-2.17%
PT rev (3m)-3.31%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)5.03%
EPS NY rev (1m)0%
EPS NY rev (3m)3.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.94 | ||
| Fwd PE | 11.53 | ||
| P/S | 0.08 | ||
| P/FCF | 1.66 | ||
| P/OCF | 1.28 | ||
| P/B | 2.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.99 |
EPS(TTM)0.93
EY5.02%
EPS(NY)1.61
Fwd EY8.67%
FCF(TTM)11.19
FCFY60.34%
OCF(TTM)14.53
OCFY78.37%
SpS235.83
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
WACC7.7%
ROIC/WACC0.67
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 Y192.89%
EPS Next 2Y74.2%
EPS Next 3Y44.93%
EPS Next 5Y28.07%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
Revenue Next Year-12.2%
Revenue Next 2Y-1.18%
Revenue Next 3Y-0.21%
Revenue Next 5Y-5.8%
EBIT growth 1Y-4.59%
EBIT growth 3Y-2.81%
EBIT growth 5Y-7.75%
EBIT Next Year70.9%
EBIT Next 3Y17.85%
EBIT Next 5Y8.71%
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
What is the fundamental rating for PAGP stock?
ChartMill assigns a fundamental rating of 4 / 10 to PAGP.
What is the valuation status for PAGP stock?
ChartMill assigns a valuation rating of 7 / 10 to PLAINS GP HOLDINGS LP-CL A (PAGP). This can be considered as Undervalued.
What is the profitability of PAGP stock?
PLAINS GP HOLDINGS LP-CL A (PAGP) has a profitability rating of 3 / 10.
What are the PE and PB ratios of PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
The Price/Earnings (PE) ratio for PLAINS GP HOLDINGS LP-CL A (PAGP) is 19.94 and the Price/Book (PB) ratio is 2.73.
What is the expected EPS growth for PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
The Earnings per Share (EPS) of PLAINS GP HOLDINGS LP-CL A (PAGP) is expected to grow by 192.89% in the next year.