PEMBINA PIPELINE CORP (PPL.CA) Stock Fundamental Analysis
TSX:PPL • CA7063271034
59.95 CAD
-0.24 (-0.4%)
Last: Feb 27, 2026, 07:00 PM
PPL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 212 industry peers in the Oil, Gas & Consumable Fuels industry. While PPL belongs to the best of the industry regarding profitability, there are concerns on its financial health. PPL has a valuation in line with the averages, but on the other hand it scores bad on growth. PPL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- PPL had positive earnings in the past year.
- In the past year PPL had a positive cash flow from operations.
- 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
- PPL has a Return On Assets of 4.36%. This is in the better half of the industry: PPL outperforms 79.15% of its industry peers.
- The Return On Equity of PPL (9.24%) is better than 67.30% of its industry peers.
- PPL has a Return On Invested Capital of 6.18%. This is amongst the best in the industry. PPL outperforms 80.57% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for PPL is in line with the industry average of 6.59%.
| 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
- PPL has a Profit Margin of 19.93%. This is amongst the best in the industry. PPL outperforms 82.94% of its industry peers.
- In the last couple of years the Profit Margin of PPL has declined.
- With an excellent Operating Margin value of 34.66%, PPL belongs to the best of the industry, outperforming 87.68% of the companies in the same industry.
- PPL's Operating Margin has been stable in the last couple of years.
- Looking at the Gross Margin, with a value of 41.05%, PPL is in line with its industry, outperforming 58.29% of the companies in the same industry.
- 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. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PPL is destroying value.
- The number of shares outstanding for PPL remains at a similar level compared to 1 year ago.
- The number of shares outstanding for PPL has been increased compared to 5 years ago.
- The debt/assets ratio for PPL is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.46, we must say that PPL is in the distress zone and has some risk of bankruptcy.
- PPL has a better Altman-Z score (1.46) than 64.93% 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.
- The Debt to FCF ratio of PPL (5.29) is better than 78.67% of its industry peers.
- A Debt/Equity ratio of 0.75 indicates that PPL is somewhat dependend on debt financing.
- PPL's Debt to Equity ratio of 0.75 is in line compared to the rest of the industry. PPL outperforms 41.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.29 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.9
WACC6.86%
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.
- The Current ratio of PPL (0.61) is worse than 65.40% of its industry peers.
- A Quick Ratio of 0.47 indicates that PPL may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.47, PPL is doing worse than 66.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
- PPL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.80%.
- PPL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -19.75% yearly.
- The Revenue has been growing slightly by 5.34% in the past year.
- PPL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.63% yearly.
EPS 1Y (TTM)-11.8%
EPS 3Y-19.75%
EPS 5YN/A
EPS Q2Q%-16.73%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y-12.5%
Revenue growth 5Y4.63%
Sales Q2Q%-12.48%
3.2 Future
- Based on estimates for the next years, PPL will show a small growth in Earnings Per Share. The EPS will grow by 6.26% on average per year.
- PPL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.75% yearly.
EPS Next Y6.65%
EPS Next 2Y7.66%
EPS Next 3Y7.24%
EPS Next 5Y6.26%
Revenue Next Year3.68%
Revenue Next 2Y5.16%
Revenue Next 3Y0.34%
Revenue Next 5Y0.75%
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 22.62, the valuation of PPL can be described as rather expensive.
- Based on the Price/Earnings ratio, PPL is valued a bit cheaper than the industry average as 63.03% of the companies are valued more expensively.
- PPL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.10.
- The Price/Forward Earnings ratio is 21.24, which indicates a rather expensive current valuation of PPL.
- Based on the Price/Forward Earnings ratio, PPL is valued a bit cheaper than the industry average as 62.56% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, PPL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.62 | ||
| Fwd PE | 21.24 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as PPL.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PPL indicates a rather cheap valuation: PPL is cheaper than 81.99% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.84 | ||
| EV/EBITDA | 13.04 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PPL does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of PPL may justify a higher PE ratio.
PEG (NY)3.4
PEG (5Y)N/A
EPS Next 2Y7.66%
EPS Next 3Y7.24%
5. Dividend
5.1 Amount
- PPL has a Yearly Dividend Yield of 4.72%, which is a nice return.
- PPL's Dividend Yield is a higher than the industry average which is at 4.43.
- Compared to an average S&P500 Dividend Yield of 1.83, PPL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.72% |
5.2 History
- The dividend of PPL has a limited annual growth rate of 2.11%.
- 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)2.11%
Div Incr Years3
Div Non Decr Years26
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 2Y7.66%
EPS Next 3Y7.24%
TSX:PPL (2/27/2026, 7:00:00 PM)
59.95
-0.24 (-0.4%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)05-06 2026-05-06/amc
Inst Owners62.62%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap34.83B
Revenue(TTM)7.78B
Net Income(TTM)1.55B
Analysts76.19
Price Target61.33 (2.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.72% |
Yearly Dividend2.78
Dividend Growth(5Y)2.11%
DP114.32%
Div Incr Years3
Div Non Decr Years26
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-15.02%
Min EPS beat(2)-33.88%
Max EPS beat(2)3.83%
EPS beat(4)1
Avg EPS beat(4)-8%
Min EPS beat(4)-33.88%
Max EPS beat(4)3.83%
EPS beat(8)2
Avg EPS beat(8)-5.48%
EPS beat(12)4
Avg EPS beat(12)-2.81%
EPS beat(16)6
Avg EPS beat(16)17.91%
Revenue beat(2)0
Avg Revenue beat(2)-7.66%
Min Revenue beat(2)-9.09%
Max Revenue beat(2)-6.23%
Revenue beat(4)1
Avg Revenue beat(4)2.01%
Min Revenue beat(4)-11.59%
Max Revenue beat(4)34.95%
Revenue beat(8)2
Avg Revenue beat(8)-5.46%
Revenue beat(12)3
Avg Revenue beat(12)-4.67%
Revenue beat(16)7
Avg Revenue beat(16)-0.39%
PT rev (1m)0.73%
PT rev (3m)0.41%
EPS NQ rev (1m)0.39%
EPS NQ rev (3m)-7.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.14%
Revenue NY rev (1m)0.67%
Revenue NY rev (3m)-6.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.62 | ||
| Fwd PE | 21.24 | ||
| P/S | 4.48 | ||
| P/FCF | 13.84 | ||
| P/OCF | 10.55 | ||
| P/B | 2.08 | ||
| P/tB | 3.34 | ||
| EV/EBITDA | 13.04 |
EPS(TTM)2.65
EY4.42%
EPS(NY)2.82
Fwd EY4.71%
FCF(TTM)4.33
FCFY7.23%
OCF(TTM)5.68
OCFY9.48%
SpS13.39
BVpS28.86
TBVpS17.94
PEG (NY)3.4
PEG (5Y)N/A
Graham Number41.48
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 | 1.46 |
F-Score6
WACC6.86%
ROIC/WACC0.9
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)-11.8%
EPS 3Y-19.75%
EPS 5YN/A
EPS Q2Q%-16.73%
EPS Next Y6.65%
EPS Next 2Y7.66%
EPS Next 3Y7.24%
EPS Next 5Y6.26%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y-12.5%
Revenue growth 5Y4.63%
Sales Q2Q%-12.48%
Revenue Next Year3.68%
Revenue Next 2Y5.16%
Revenue Next 3Y0.34%
Revenue Next 5Y0.75%
EBIT growth 1Y-6.94%
EBIT growth 3Y1.28%
EBIT growth 5Y5.18%
EBIT Next Year36.88%
EBIT Next 3Y15.36%
EBIT Next 5Y10.51%
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 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.
Can you provide the profitability details for PEMBINA PIPELINE CORP?
PEMBINA PIPELINE CORP (PPL.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of PEMBINA PIPELINE CORP (PPL.CA) stock?
The Price/Earnings (PE) ratio for PEMBINA PIPELINE CORP (PPL.CA) is 22.62 and the Price/Book (PB) ratio is 2.08.
Can you provide the financial health for PPL stock?
The financial health rating of PEMBINA PIPELINE CORP (PPL.CA) is 2 / 10.