NYSE
ET
Last Price
US $19.05
KEY FIGURES
MKT CAP
$66.0B
EPS
TTM
$1.40
PEG
TTM
-
P/E
TTM
14.31x
P/S
TTM
0.80x
YIELD
6.96%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
13.97%
Return on equity
ROIC: 7.35%
Valuation History
14.3X
Price to Earnings
EV/EBITDA: 9.3X
Cash flow
Profit margin
16.23%
(FY vs FY)
EBITDA Y/Y
9.37%
(FY vs FY)
Cash flow Y/Y
11.51%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $19.05
—
Default assumptions
EBITDA Multiple
Fair Value
Market $19.05
-47.87%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
Energy Transfer LP cash flow to debt ratio of 14.17% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial risk - Healthy cash flow growth.
Energy Transfer LP's free cash flow has decreased -47.62% from $7.34G last year to $3.85G, signaling decreasing performance
Financial risk - Healthy debt to equity ratio.
Energy Transfer LP's debt to equity ratio is 2.06, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial risk - Healthy debt to equity ratio development.
Energy Transfer LP's debt has increased relative to shareholder equity from 1.72 last year to 2.06 today, signaling weakened financials
Financial risk - Net debt/EBITDA.
Energy Transfer LP has a net debt to EBITDA ratio of 4.71x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk
Financial stability - ICR.
Energy Transfer LP's interest coverage ratio of 2.87 indicates that earnings with margin can cover interest payments on company debt
Financial risk - Profit margin growth.
Energy Transfer LP's profit margin has decreased (-7.18%) in the last year from 5.82% to 5.41%, signaling decreasing performance
Financial stability - Short term assets vs short term liabilities.
Energy Transfer LP's short-term assets of $18.23G exceed its short-term liabilities of $14.96G
Decreasing performance - ROA.
Energy Transfer LP's return on assets of 3.28% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
Energy Transfer LP's return on equity of 13.97%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
Energy Transfer LP's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Energy Transfer LP had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Energy Transfer LP has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Energy Transfer LP has a free cash flow yield of 5.83%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
Energy Transfer LP's yearly earnings has increased 1.81% since last year from $4.81G to $4.90G, signaling increasing performance
Decreasing performance - Healthy revenue growth.
Energy Transfer LP's yearly revenue has decreased -0.05% since last year from $82.67G to $82.63G, signaling decreasing performance
Increasing performance - ROIC.
ROIC 7.35% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
Decreasing performance - 3-year revenue CAGR.
Energy Transfer LP's 3-year revenue CAGR of -2.76% is negative, indicating declining revenue over the past 3 years
Increasing performance - Revenue consistency.
Energy Transfer LP had revenue growth in 3.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Energy Transfer LP had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Energy Transfer LP has insufficient data to evaluate this check.
Undervalued - Earnings yield.
Energy Transfer LP has an earnings yield of 7.32%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
Energy Transfer LP is overvalued relative to its fair value price of 9.93 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Energy Transfer LP has an EV/EBITDA ratio of 9.27x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Overvalued - PEG ratio value.
Energy Transfer LP has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Undervalued - P/B ratio.
Energy Transfer LP has a price-to-book ratio of 1.91x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Energy Transfer LP has a price-to-sales ratio of 0.74x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue