NASDAQ
PAA
Last Price
US $22.24
KEY FIGURES
MKT CAP
$15.4B
EPS
TTM
$1.62
PEG
TTM
0.38x
P/E
TTM
16.43x
P/S
TTM
0.35x
YIELD
7.30%
GROWTH
Revenue Y/Y
13.70%
(FY vs FY)
EBITDA Y/Y
Cash Flow (DCF)
Fair Value
Market $22.24
117.54%
Default assumptions
EBITDA Multiple
Fair Value
Market $22.24
-12.10%
Default assumptions
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Plains All American Pipeline, L.P. cash flow to debt ratio of 25.98% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.
Financial stability - Healthy cash flow growth.
Plains All American Pipeline, L.P.'s free cash flow has increased 22.55% from $1.87G last year to $2.29G, signaling increasing performance
Financial risk - Healthy debt to equity ratio.
Plains All American Pipeline, L.P.'s debt to equity ratio is 1.21, 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.
Plains All American Pipeline, L.P.'s debt has increased relative to shareholder equity from 0.81 last year to 1.21 today, signaling weakened financials
Financial stability - Net debt/EBITDA.
Plains All American Pipeline, L.P. has a net debt to EBITDA ratio of 2.26x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
Plains All American Pipeline, L.P.'s interest coverage ratio of 2.26 indicates that earnings with margin can cover interest payments on company debt
Financial stability - Profit margin growth.
Plains All American Pipeline, L.P.'s profit margin has increased (64.43%) in the last year from 1.54% to 2.54%, signaling increasing performance
Financial risk - Short term assets vs short term liabilities.
Plains All American Pipeline, L.P.'s short-term liabilities of $4.93G exceed its short-term assets of $4.73G, signaling financial risk
Decreasing performance - ROA.
Plains All American Pipeline, L.P.'s return on assets of 3.62% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
Plains All American Pipeline, L.P.'s return on equity of 11.77%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
Plains All American Pipeline, L.P.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Plains All American Pipeline, L.P. had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Plains All American Pipeline, L.P. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Plains All American Pipeline, L.P. has a free cash flow yield of 14.87%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
Plains All American Pipeline, L.P.'s yearly earnings has increased 85.88% since last year from $772.00M to $1.44G, signaling increasing performance
Decreasing performance - Healthy revenue growth.
Plains All American Pipeline, L.P.'s yearly revenue has decreased -11.61% since last year from $50.07G to $44.26G, signaling decreasing performance
Increasing performance - ROIC.
ROIC 5.23% (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.
Plains All American Pipeline, L.P.'s 3-year revenue CAGR of -8.27% is negative, indicating declining revenue over the past 3 years
Increasing performance - Revenue consistency.
Plains All American Pipeline, L.P. had revenue growth in 3.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Plains All American Pipeline, L.P. had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Undervalued - DCF valuation.
Plains All American Pipeline, L.P. is undervalued relative to its fair value price of 48.38 based on Discounted Cash Flow model
Undervalued - Earnings yield.
Plains All American Pipeline, L.P. has an earnings yield of 7.42%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
Plains All American Pipeline, L.P. is overvalued relative to its fair value price of 19.55 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Plains All American Pipeline, L.P. has an EV/EBITDA ratio of 9.33x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Undervalued - PEG ratio value.
Plains All American Pipeline, L.P. has a PEG-ratio under 1 which is considered undervalued
Undervalued - P/B ratio.
Plains All American Pipeline, L.P. has a price-to-book ratio of 1.61x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Plains All American Pipeline, L.P. has a price-to-sales ratio of 0.34x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
11.77%
Return on equity
ROIC: 5.23%
Valuation History
16.4X
Price to Earnings
EV/EBITDA: 9.3X
Cash flow
Profit margin
-
(FY vs FY)
Cash flow Y/Y
24.20%
(FY vs FY)
Base valuations use default assumptions. Customize in the Valuator.