18.88 USD
-0.04 (-0.21%)
18.9999 USD
+0.12 (+0.64%)
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. Both the profitability and financial health of PAGP have multiple concerns. A decent growth rate in combination with a cheap valuation! Better keep an eye on PAGP. Finally PAGP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
PAGP had positive earnings in the past year.
PAGP had a positive operating cash flow in the past year.
Of the past 5 years PAGP 4 years were profitable.
In the past 5 years PAGP always reported a positive cash flow from operatings.
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 65.24% of its industry peers.
Looking at the Return On Equity, with a value of 13.83%, PAGP is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.17%, PAGP is in line with its industry, outperforming 45.24% of the companies in the same industry.
PAGP had an Average Return On Invested Capital over the past 3 years of 5.23%. This is significantly below the industry average of 21.09%.
| 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 65.71% of its industry peers.
In the last couple of years the Profit Margin of PAGP has declined.
The Operating Margin of PAGP (3.08%) is worse than 69.05% of its industry peers.
In the last couple of years the Operating Margin of PAGP has declined.
Looking at the Gross Margin, with a value of 9.23%, PAGP is doing worse than 71.43% of the companies in the same industry.
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.
Compared to 1 year ago, PAGP has more shares outstanding
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 68.57% 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 Debt to Equity ratio of 6.27. This is amonst the worse of the industry: PAGP underperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.27 | ||
| Debt/FCF | 4.27 | ||
| Altman-Z | N/A |
ROIC/WACC0.66
WACC7.8%
2.3 Liquidity
A Current Ratio of 1.04 indicates that PAGP should not have too much problems paying its short term obligations.
PAGP has a Current ratio (1.04) which 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 53.33% 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.
Measured over the past years, PAGP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -23.92% on average per year.
The Revenue has decreased by -7.42% in the past 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
Based on estimates for the next years, PAGP will show a very strong growth in Earnings Per Share. The EPS will grow by 29.87% on average per year.
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 Y194.65%
EPS Next 2Y73.9%
EPS Next 3Y44.19%
EPS Next 5Y29.87%
Revenue Next Year-8.8%
Revenue Next 2Y-1.35%
Revenue Next 3Y-0.07%
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
The Price/Earnings ratio is 20.30, which indicates a rather expensive current valuation of PAGP.
PAGP's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.59, PAGP is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 11.78, the valuation of PAGP can be described as reasonable.
Based on the Price/Forward Earnings ratio, PAGP is valued a bit cheaper than 64.29% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PAGP to the average of the S&P500 Index (24.03), we can say PAGP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.3 | ||
| Fwd PE | 11.78 |
4.2 Price Multiples
75.24% of the companies in the same industry are more expensive than PAGP, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PAGP is valued cheaply inside the industry as 99.05% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.69 | ||
| EV/EBITDA | 5.03 |
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 44.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y73.9%
EPS Next 3Y44.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.11%, PAGP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.95, PAGP pays a better dividend. On top of this PAGP pays more dividend than 82.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.88, PAGP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.11% |
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
PAGP pays out 154.84% of its income as dividend. 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 2Y73.9%
EPS Next 3Y44.19%
18.88
-0.04 (-0.21%)
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 Cap3.74B
Revenue(TTM)46.63B
Net Income(TTM)186.00M
Analysts73
Price TargetN/A
Short Float %4.49%
Short Ratio6.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.11% |
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)0.2%
PT rev (3m)-1.58%
EPS NQ rev (1m)4.69%
EPS NQ rev (3m)9.53%
EPS NY rev (1m)0.6%
EPS NY rev (3m)4.24%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)1.36%
Revenue NY rev (1m)3.87%
Revenue NY rev (3m)6.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.3 | ||
| Fwd PE | 11.78 | ||
| P/S | 0.08 | ||
| P/FCF | 1.69 | ||
| P/OCF | 1.3 | ||
| P/B | 2.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.03 |
EPS(TTM)0.93
EY4.93%
EPS(NY)1.6
Fwd EY8.49%
FCF(TTM)11.18
FCFY59.2%
OCF(TTM)14.52
OCFY76.9%
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
WACC7.8%
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 Y194.65%
EPS Next 2Y73.9%
EPS Next 3Y44.19%
EPS Next 5Y29.87%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
Revenue Next Year-8.8%
Revenue Next 2Y-1.35%
Revenue Next 3Y-0.07%
Revenue Next 5Y-5.8%
EBIT growth 1Y-4.59%
EBIT growth 3Y-2.81%
EBIT growth 5Y-7.75%
EBIT Next Year71.38%
EBIT Next 3Y18.52%
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
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 20.3 and the Price/Book (PB) ratio is 2.78.
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 194.65% in the next year.