18.84 USD
+0.09 (+0.51%)
18.84 USD
0 (0%)
Taking everything into account, PAGP scores 4 out of 10 in our fundamental rating. PAGP was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. PAGP may be in some trouble as it scores bad on both profitability and health. PAGP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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
The Return On Assets of PAGP (0.64%) is worse than 65.55% of its industry peers.
The Return On Equity of PAGP (13.83%) is better than 76.56% of its industry peers.
PAGP's Return On Invested Capital of 5.17% is in line compared to the rest of the industry. PAGP outperforms 44.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PAGP is significantly below the industry average of 20.87%.
| 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 worse Profit Margin (0.40%) than 65.55% 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 69.86% of its industry peers.
PAGP's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 9.23%, PAGP is not doing good in the industry: 72.25% of the companies in the same industry are doing better.
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
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.
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 better Debt to FCF ratio (4.27) than 68.42% 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.
PAGP has a Debt to Equity ratio of 6.27. This is amonst the worse of the industry: PAGP underperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.27 | ||
| Debt/FCF | 4.27 | ||
| Altman-Z | N/A |
ROIC/WACC0.66
WACC7.81%
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 of 1.04. This is comparable to the rest of the industry: PAGP outperforms 45.93% of its industry peers.
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 52.63% 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.
The earnings per share for PAGP have been decreasing by -23.92% on average. This is quite bad
The Revenue has decreased by -7.42% in the past year.
The Revenue has been growing by 8.26% on average over the past years. This is quite good.
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.
The Revenue is expected to decrease by -5.80% on average over the next years.
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.
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
Based on the Price/Earnings ratio of 20.26, the valuation of PAGP can be described as rather expensive.
PAGP's Price/Earnings is on the same level as the industry average.
PAGP is valuated rather cheaply when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.75, which indicates a very decent valuation of PAGP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PAGP indicates a somewhat cheap valuation: PAGP is cheaper than 66.99% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PAGP to the average of the S&P500 Index (23.78), we can say PAGP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.26 | ||
| Fwd PE | 11.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PAGP is valued a bit cheaper than the industry average as 75.12% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PAGP is valued cheaply inside the industry as 99.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.69 | ||
| 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.
A more expensive valuation may be justified as PAGP's earnings are expected to grow with 44.19% in the coming years.
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.
PAGP's Dividend Yield is rather good when compared to the industry average which is at 4.12. PAGP pays more dividend than 83.73% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.96, 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
PAGP pays out 154.84% of its income as dividend. 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%
18.84
+0.09 (+0.51%)
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 Cap3.73B
Revenue(TTM)46.63B
Net Income(TTM)186.00M
Analysts73
Price Target21.23 (12.69%)
Short Float %4.53%
Short Ratio6.43
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)12.1%
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)4.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.26 | ||
| Fwd PE | 11.75 | ||
| P/S | 0.08 | ||
| P/FCF | 1.69 | ||
| P/OCF | 1.3 | ||
| P/B | 2.77 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.02 |
EPS(TTM)0.93
EY4.94%
EPS(NY)1.6
Fwd EY8.51%
FCF(TTM)11.18
FCFY59.33%
OCF(TTM)14.52
OCFY77.06%
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
WACC7.81%
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 20.26 and the Price/Book (PB) ratio is 2.77.
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.