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
- In the past year PPL was profitable.
- PPL had a positive operating cash flow in the past year.
- Each year in the past 5 years PPL has been profitable.
- In the past 5 years PPL always reported a positive cash flow from operatings.
1.2 Ratios
- With a decent Return On Assets value of 4.36%, PPL is doing good in the industry, outperforming 77.83% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 9.24%, PPL is in the better half of the industry, outperforming 65.52% of the companies in the same industry.
- PPL has a Return On Invested Capital of 6.18%. This is amongst the best in the industry. PPL outperforms 81.28% of its industry peers.
- PPL had an Average Return On Invested Capital over the past 3 years of 6.41%. This 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
- The Profit Margin of PPL (19.93%) is better than 80.79% of its industry peers.
- PPL's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 34.66%, PPL belongs to the top of the industry, outperforming 86.21% of the companies in the same industry.
- PPL's Operating Margin has been stable in the last couple of years.
- The Gross Margin of PPL (41.05%) is comparable to the rest of the industry.
- PPL's Gross Margin has improved in the last couple of years.
| 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.
- The number of shares outstanding for PPL has been increased compared to 5 years ago.
- Compared to 1 year ago, PPL has a worse debt to assets ratio.
2.2 Solvency
- PPL has an Altman-Z score of 1.45. This is a bad value and indicates that PPL is not financially healthy and even has some risk of bankruptcy.
- PPL has a Altman-Z score of 1.45. This is in the better half of the industry: PPL outperforms 62.07% of its industry peers.
- The Debt to FCF ratio of PPL is 5.29, which is a neutral value as it means it would take PPL, 5.29 years of fcf income to pay off all of its debts.
- PPL has a better Debt to FCF ratio (5.29) than 78.33% of its industry peers.
- PPL has a Debt/Equity ratio of 0.75. This is a neutral value indicating PPL is somewhat dependend on debt financing.
- PPL has a Debt to Equity ratio of 0.75. This is comparable to the rest of the industry: PPL outperforms 43.35% of its industry peers.
| 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 has a Quick ratio of 0.47. This is in the lower half of the industry: PPL underperforms 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
- PPL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.33%.
- The earnings per share for PPL have been decreasing by -19.61% on average. This is quite bad
- PPL shows a small growth in Revenue. In the last year, the Revenue has grown by 5.34%.
- PPL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.63% yearly.
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
- Based on estimates for the next years, PPL will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.88% on average per year.
- The Revenue is expected to grow by 2.17% on average over the next years.
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
- A Price/Earnings ratio of 22.21 indicates a rather expensive valuation of PPL.
- Based on the Price/Earnings ratio, PPL is valued a bit cheaper than 65.52% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.15. PPL is around the same levels.
- A Price/Forward Earnings ratio of 21.06 indicates a rather expensive valuation of PPL.
- 67.49% of the companies in the same industry are more expensive than PPL, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of PPL to the average of the S&P500 Index (22.12), we can say PPL is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 21.06 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PPL is on the same level as its industry peers.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PPL indicates a rather cheap valuation: PPL is cheaper than 82.27% of the companies listed 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.
- Compared to an average S&P500 Dividend Yield of 1.82, PPL pays a better dividend.
| 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.
- PPL's earnings are growing more than its dividend. This makes the dividend growth 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.