PEMBINA PIPELINE CORP (PPL.CA) Fundamental Analysis & Valuation
TSX:PPL • CA7063271034
Current stock price
59.09 CAD
-0.2 (-0.34%)
Last:
This PPL.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. PPL.CA Profitability Analysis
1.1 Basic Checks
- PPL had positive earnings in the past year.
- PPL had a positive operating cash flow in the past year.
- PPL had positive earnings in each of the past 5 years.
- PPL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 4.36%, PPL is in the better half of the industry, outperforming 77.83% of the companies in the same industry.
- PPL's Return On Equity of 9.24% is fine compared to the rest of the industry. PPL outperforms 65.52% of its industry peers.
- PPL's Return On Invested Capital of 6.18% is amongst the best of the industry. PPL outperforms 81.28% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for PPL is in line with the industry average of 6.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.36% | ||
| ROE | 9.24% | ||
| ROIC | 6.18% |
ROA(3y)4.73%
ROA(5y)5.34%
ROE(3y)9.83%
ROE(5y)11.05%
ROIC(3y)6.41%
ROIC(5y)6.57%
1.3 Margins
- Looking at the Profit Margin, with a value of 19.93%, PPL belongs to the top of the industry, outperforming 80.79% of the companies in the same industry.
- In the last couple of years the Profit Margin of PPL has declined.
- PPL's Operating Margin of 34.66% is amongst the best of the industry. PPL outperforms 86.21% of its industry peers.
- PPL's Operating Margin has been stable in the last couple of years.
- PPL's Gross Margin of 41.05% is in line compared to the rest of the industry. PPL outperforms 55.66% of its industry peers.
- In the last couple of years the Gross Margin of PPL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.66% | ||
| PM (TTM) | 19.93% | ||
| GM | 41.05% |
OM growth 3Y15.75%
OM growth 5Y0.53%
PM growth 3Y-6.62%
PM growth 5YN/A
GM growth 3Y15.14%
GM growth 5Y1.86%
2. PPL.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PPL is destroying value.
- Compared to 1 year ago, PPL has about the same amount of shares outstanding.
- Compared to 5 years ago, PPL has more shares outstanding
- The debt/assets ratio for PPL is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.45, we must say that PPL is in the distress zone and has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.45, PPL is doing good in the industry, outperforming 62.07% of the companies in the same industry.
- PPL has a debt to FCF ratio of 5.29. This is a neutral value as PPL would need 5.29 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 5.29, PPL is in the better half of the industry, outperforming 78.33% of the companies in the same industry.
- PPL has a Debt/Equity ratio of 0.75. This is a neutral value indicating PPL is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.75, PPL perfoms like the industry average, outperforming 43.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.29 | ||
| Altman-Z | 1.45 |
ROIC/WACC0.91
WACC6.81%
2.3 Liquidity
- PPL has a Current Ratio of 0.61. This is a bad value and indicates that PPL is not financially healthy enough and could expect problems in meeting its short term obligations.
- PPL has a Current ratio of 0.61. This is in the lower half of the industry: PPL underperforms 67.98% of its industry peers.
- PPL has a Quick Ratio of 0.61. This is a bad value and indicates that PPL is not financially healthy enough and could expect problems in meeting its short term obligations.
- PPL's Quick ratio of 0.47 is on the low side compared to the rest of the industry. PPL is outperformed by 70.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.47 |
3. PPL.CA Growth Analysis
3.1 Past
- The earnings per share for PPL have decreased strongly by -11.33% in the last year.
- PPL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -19.61% yearly.
- Looking at the last year, PPL shows a small growth in Revenue. The Revenue has grown by 5.34% in the last year.
- Measured over the past years, PPL shows a small growth in Revenue. The Revenue has been growing by 4.63% on average per year.
EPS 1Y (TTM)-11.33%
EPS 3Y-19.61%
EPS 5YN/A
EPS Q2Q%-15.22%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y-12.5%
Revenue growth 5Y4.63%
Sales Q2Q%-10.82%
3.2 Future
- The Earnings Per Share is expected to grow by 8.88% on average over the next years. This is quite good.
- Based on estimates for the next years, PPL will show a small growth in Revenue. The Revenue will grow by 2.17% on average per year.
EPS Next Y5.49%
EPS Next 2Y7.77%
EPS Next 3Y8.41%
EPS Next 5Y8.88%
Revenue Next Year0.49%
Revenue Next 2Y4.73%
Revenue Next 3Y1.6%
Revenue Next 5Y2.17%
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. PPL.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 22.21, which indicates a rather expensive current valuation of PPL.
- Based on the Price/Earnings ratio, PPL is valued a bit cheaper than the industry average as 65.52% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 26.91. PPL is around the same levels.
- Based on the Price/Forward Earnings ratio of 21.06, the valuation of PPL can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, PPL is valued a bit cheaper than 67.49% of the companies in the same industry.
- PPL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 21.06 |
4.2 Price Multiples
- PPL's Enterprise Value to EBITDA is on the same level as the industry average.
- PPL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PPL is cheaper than 82.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.65 | ||
| EV/EBITDA | 12.91 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of PPL may justify a higher PE ratio.
PEG (NY)4.04
PEG (5Y)N/A
EPS Next 2Y7.77%
EPS Next 3Y8.41%
5. PPL.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 4.80%, PPL is a good candidate for dividend investing.
- PPL's Dividend Yield is rather good when compared to the industry average which is at 3.03. PPL pays more dividend than 80.30% of the companies in the same industry.
- PPL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
5.2 History
- The dividend of PPL has a limited annual growth rate of 1.82%.
- PPL has paid a dividend for at least 10 years, which is a reliable track record.
- PPL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.82%
Div Incr Years4
Div Non Decr Years27
5.3 Sustainability
- 114.32% of the earnings are spent on dividend by PPL. This is not a sustainable payout ratio.
- The dividend of PPL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP114.32%
EPS Next 2Y7.77%
EPS Next 3Y8.41%
PPL.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:PPL (4/27/2026, 7:00:00 PM)
59.09
-0.2 (-0.34%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)05-07 2026-05-07/amc
Inst Owners61.61%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap34.35B
Revenue(TTM)7.78B
Net Income(TTM)1.55B
Analysts74.29
Price Target64.46 (9.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
Yearly Dividend3.05
Dividend Growth(5Y)1.82%
DP114.32%
Div Incr Years4
Div Non Decr Years27
Ex-Date03-16 2026-03-16 (0.71)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-14.08%
Min EPS beat(2)-33.88%
Max EPS beat(2)5.72%
EPS beat(4)1
Avg EPS beat(4)-7.53%
Min EPS beat(4)-33.88%
Max EPS beat(4)5.72%
EPS beat(8)2
Avg EPS beat(8)-5.25%
EPS beat(12)4
Avg EPS beat(12)-2.66%
EPS beat(16)6
Avg EPS beat(16)18.03%
Revenue beat(2)0
Avg Revenue beat(2)-6.77%
Min Revenue beat(2)-9.09%
Max Revenue beat(2)-4.45%
Revenue beat(4)1
Avg Revenue beat(4)2.46%
Min Revenue beat(4)-11.59%
Max Revenue beat(4)34.95%
Revenue beat(8)2
Avg Revenue beat(8)-5.24%
Revenue beat(12)3
Avg Revenue beat(12)-4.52%
Revenue beat(16)7
Avg Revenue beat(16)-0.27%
PT rev (1m)5.11%
PT rev (3m)5.88%
EPS NQ rev (1m)5.81%
EPS NQ rev (3m)0.21%
EPS NY rev (1m)1.04%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)-3.87%
Revenue NQ rev (3m)-3.87%
Revenue NY rev (1m)-3.66%
Revenue NY rev (3m)-2.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 21.06 | ||
| P/S | 4.42 | ||
| P/FCF | 13.65 | ||
| P/OCF | 10.41 | ||
| P/B | 2.05 | ||
| P/tB | 3.29 | ||
| EV/EBITDA | 12.91 |
EPS(TTM)2.66
EY4.5%
EPS(NY)2.81
Fwd EY4.75%
FCF(TTM)4.33
FCFY7.33%
OCF(TTM)5.68
OCFY9.61%
SpS13.38
BVpS28.85
TBVpS17.94
PEG (NY)4.04
PEG (5Y)N/A
Graham Number41.5539 (-29.68%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.36% | ||
| ROE | 9.24% | ||
| ROCE | 8.05% | ||
| ROIC | 6.18% | ||
| ROICexc | 6.2% | ||
| ROICexgc | 7.65% | ||
| OM | 34.66% | ||
| PM (TTM) | 19.93% | ||
| GM | 41.05% | ||
| FCFM | 32.36% |
ROA(3y)4.73%
ROA(5y)5.34%
ROE(3y)9.83%
ROE(5y)11.05%
ROIC(3y)6.41%
ROIC(5y)6.57%
ROICexc(3y)6.44%
ROICexc(5y)6.59%
ROICexgc(3y)8.03%
ROICexgc(5y)8.7%
ROCE(3y)8.35%
ROCE(5y)8.56%
ROICexgc growth 3Y-10.52%
ROICexgc growth 5Y2.02%
ROICexc growth 3Y-2.99%
ROICexc growth 5Y2.65%
OM growth 3Y15.75%
OM growth 5Y0.53%
PM growth 3Y-6.62%
PM growth 5YN/A
GM growth 3Y15.14%
GM growth 5Y1.86%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.29 | ||
| Debt/EBITDA | 3.43 | ||
| Cap/Depr | 79.43% | ||
| Cap/Sales | 10.08% | ||
| Interest Coverage | 4.41 | ||
| Cash Conversion | 89.63% | ||
| Profit Quality | 162.39% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 1.45 |
F-Score6
WACC6.81%
ROIC/WACC0.91
Cap/Depr(3y)93.87%
Cap/Depr(5y)92.24%
Cap/Sales(3y)10.86%
Cap/Sales(5y)9.08%
Profit Quality(3y)138.92%
Profit Quality(5y)135.99%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.33%
EPS 3Y-19.61%
EPS 5YN/A
EPS Q2Q%-15.22%
EPS Next Y5.49%
EPS Next 2Y7.77%
EPS Next 3Y8.41%
EPS Next 5Y8.88%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y-12.5%
Revenue growth 5Y4.63%
Sales Q2Q%-10.82%
Revenue Next Year0.49%
Revenue Next 2Y4.73%
Revenue Next 3Y1.6%
Revenue Next 5Y2.17%
EBIT growth 1Y-6.94%
EBIT growth 3Y1.28%
EBIT growth 5Y5.18%
EBIT Next Year37.55%
EBIT Next 3Y15.19%
EBIT Next 5Y11.61%
FCF growth 1Y11.42%
FCF growth 3Y2.69%
FCF growth 5Y15.53%
OCF growth 1Y2.71%
OCF growth 3Y4.07%
OCF growth 5Y7.95%
PEMBINA PIPELINE CORP / PPL.CA Fundamental Analysis FAQ
What is the ChartMill fundamental rating of PEMBINA PIPELINE CORP (PPL.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to PPL.CA.
What is the valuation status of PEMBINA PIPELINE CORP (PPL.CA) stock?
ChartMill assigns a valuation rating of 4 / 10 to PEMBINA PIPELINE CORP (PPL.CA). This can be considered as Fairly Valued.
What is the profitability of PPL stock?
PEMBINA PIPELINE CORP (PPL.CA) has a profitability rating of 7 / 10.
What is the financial health of PEMBINA PIPELINE CORP (PPL.CA) stock?
The financial health rating of PEMBINA PIPELINE CORP (PPL.CA) is 2 / 10.
What is the earnings growth outlook for PEMBINA PIPELINE CORP?
The Earnings per Share (EPS) of PEMBINA PIPELINE CORP (PPL.CA) is expected to grow by 5.49% in the next year.