18.7 USD
-0.05 (-0.27%)
18.7 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to PAGP. PAGP was compared to 208 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! 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.
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
With a Return On Assets value of 0.64%, PAGP is not doing good in the industry: 65.87% of the companies in the same industry are doing better.
The Return On Equity of PAGP (13.83%) is better than 76.44% of its industry peers.
With a Return On Invested Capital value of 5.17%, PAGP perfoms like the industry average, outperforming 44.23% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PAGP is significantly below the industry average of 21.00%.
| 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
Looking at the Profit Margin, with a value of 0.40%, PAGP is doing worse than 66.35% of the companies in the same industry.
PAGP's Profit Margin has declined in the last couple of years.
PAGP has a Operating Margin of 3.08%. This is in the lower half of the industry: PAGP underperforms 70.19% of its industry peers.
In the last couple of years the Operating Margin of PAGP has declined.
PAGP has a worse Gross Margin (9.23%) than 72.60% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PAGP is destroying value.
PAGP has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PAGP has less shares outstanding
PAGP has a worse debt/assets ratio than last year.
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 Debt to FCF ratio of 4.27. This is in the better half of the industry: PAGP outperforms 68.27% of its industry peers.
A Debt/Equity ratio of 6.27 is on the high side and indicates that PAGP has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 6.27, PAGP is doing worse than 91.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.27 | ||
| Debt/FCF | 4.27 | ||
| Altman-Z | N/A |
ROIC/WACC0.66
WACC7.78%
2.3 Liquidity
PAGP has a Current Ratio of 1.04. This is a normal value and indicates that PAGP is financially healthy and should not expect problems in meeting 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 (1.01) which is comparable to the rest of the 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.
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.
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 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 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
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.
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 20.11, which indicates a rather expensive current valuation of PAGP.
PAGP's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.38. PAGP is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 11.67, the valuation of PAGP can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PAGP indicates a somewhat cheap valuation: PAGP is cheaper than 63.46% of the companies listed in the same industry.
PAGP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.11 | ||
| Fwd PE | 11.67 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PAGP indicates a somewhat cheap valuation: PAGP is cheaper than 75.00% of the companies listed in the same industry.
PAGP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PAGP is cheaper than 99.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.67 | ||
| EV/EBITDA | 5.02 |
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
PAGP has a Yearly Dividend Yield of 8.11%, which is a nice return.
PAGP's Dividend Yield is rather good when compared to the industry average which is at 3.83. PAGP pays more dividend than 84.13% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, 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 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 2Y73.9%
EPS Next 3Y44.19%
18.7
-0.05 (-0.27%)
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 Cap3.70B
Revenue(TTM)46.63B
Net Income(TTM)186.00M
Analysts73
Price Target21.23 (13.53%)
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)4.79%
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 | 20.11 | ||
| Fwd PE | 11.67 | ||
| P/S | 0.08 | ||
| P/FCF | 1.67 | ||
| P/OCF | 1.29 | ||
| P/B | 2.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.02 |
EPS(TTM)0.93
EY4.97%
EPS(NY)1.6
Fwd EY8.57%
FCF(TTM)11.18
FCFY59.77%
OCF(TTM)14.52
OCFY77.64%
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
WACC7.78%
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 20.11 and the Price/Book (PB) ratio is 2.75.
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.