Logo image of IPL.CA

Inter Pipeline Ltd (IPL.CA) Stock Fundamental Analysis

Canada - TSX:IPL -

19.12
+0.28 (+1.49%)
Last: 11/1/2021, 7:00:00 PM
Fundamental Rating

2

IPL gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. IPL may be in some trouble as it scores bad on both profitability and health. IPL is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

0

1. Profitability

1.1 Basic Checks

IPL had positive earnings in the past year.
IPL.CA Yearly Net Income VS EBIT VS OCF VS FCFIPL.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 0 500M -500M 1B

1.2 Ratios

Industry RankSector Rank
ROA 1.61%
ROE 5.5%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
IPL.CA Yearly ROA, ROE, ROICIPL.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 5 10 15

1.3 Margins

Industry RankSector Rank
OM 9.57%
PM (TTM) 8.08%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
IPL.CA Yearly Profit, Operating, Gross MarginsIPL.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 20 40 60

More info and screens

0

2. Health

2.1 Basic Checks

IPL has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, IPL has about the same debt to assets ratio.
IPL.CA Yearly Shares OutstandingIPL.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 100M 200M 300M 400M
IPL.CA Yearly Total Debt VS Total AssetsIPL.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2B 4B 6B 8B 10B

2.2 Solvency

A Debt/Equity ratio of 1.34 is on the high side and indicates that IPL has dependencies on debt financing.
Industry RankSector Rank
Debt/Equity 1.34
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
IPL.CA Yearly LT Debt VS Equity VS FCFIPL.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 0 2B 4B

2.3 Liquidity

A Current Ratio of 0.20 indicates that IPL may have some problems paying its short term obligations.
A Quick Ratio of 0.19 indicates that IPL may have some problems paying its short term obligations.
Industry RankSector Rank
Current Ratio 0.2
Quick Ratio 0.19
IPL.CA Yearly Current Assets VS Current LiabilitesIPL.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 1B 2B 3B

More info and screens

5

3. Growth

3.1 Past

The earnings per share for IPL have decreased strongly by -46.92% in the last year.
The earnings per share for IPL have been decreasing by -11.49% on average. This is quite bad
IPL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.44%.
IPL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.45% yearly.
EPS 1Y (TTM)-46.92%
EPS 3Y-21.01%
EPS 5Y-11.49%
EPS Q2Q%-655.56%
Revenue 1Y (TTM)15.44%
Revenue growth 3Y2.02%
Revenue growth 5Y7.45%
Sales Q2Q%21.57%

3.2 Future

IPL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.99% yearly.
IPL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.68% yearly.
EPS Next Y41.46%
EPS Next 2Y29.76%
EPS Next 3Y22.64%
EPS Next 5Y18.99%
Revenue Next Year3.05%
Revenue Next 2Y8.06%
Revenue Next 3Y7.89%
Revenue Next 5Y8.68%

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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
IPL.CA Yearly Revenue VS EstimatesIPL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B
IPL.CA Yearly EPS VS EstimatesIPL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

More info and screens

3

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 27.71, the valuation of IPL can be described as expensive.
IPL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.02, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 16.46, which indicates a correct valuation of IPL.
IPL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.57.
Industry RankSector Rank
PE 27.71
Fwd PE 16.46
IPL.CA Price Earnings VS Forward Price EarningsIPL.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA 22.05
IPL.CA Per share dataIPL.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

IPL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as IPL's earnings are expected to grow with 22.64% in the coming years.
PEG (NY)0.67
PEG (5Y)N/A
EPS Next 2Y29.76%
EPS Next 3Y22.64%

More info and screens

3

5. Dividend

5.1 Amount

IPL has a Yearly Dividend Yield of 2.51%. Purely for dividend investing, there may be better candidates out there.
IPL's Dividend Yield is comparable with the S&P500 average which is at 2.44.
Industry RankSector Rank
Dividend Yield 2.51%

5.2 History

The dividend of IPL decreases each year by -18.18%.
IPL has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-18.18%
Div Incr YearsN/A
Div Non Decr YearsN/A
IPL.CA Yearly Dividends per shareIPL.CA Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 0.5 1 1.5

5.3 Sustainability

15.29% of the earnings are spent on dividend by IPL. This is a low number and sustainable payout ratio.
DP15.29%
EPS Next 2Y29.76%
EPS Next 3Y22.64%
IPL.CA Yearly Income VS Free CF VS DividendIPL.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 0 500M -500M
IPL.CA Dividend Payout.IPL.CA Dividend Payout, showing the Payout Ratio.IPL.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Inter Pipeline Ltd

TSX:IPL (11/1/2021, 7:00:00 PM)

19.12

+0.28 (+1.49%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners10.53%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap8.21B
Analysts51.67
Price Target20.64 (7.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.51%
Yearly Dividend0.48
Dividend Growth(5Y)-18.18%
DP15.29%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 27.71
Fwd PE 16.46
P/S 2.94
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA 22.05
EPS(TTM)0.69
EY3.61%
EPS(NY)1.16
Fwd EY6.08%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS6.51
BVpSN/A
TBVpSN/A
PEG (NY)0.67
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.61%
ROE 5.5%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM 9.57%
PM (TTM) 8.08%
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y0%
ROICexcg growth 5Y0%
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 1.34
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.2
Quick Ratio 0.19
Altman-Z N/A
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.92%
EPS 3Y-21.01%
EPS 5Y-11.49%
EPS Q2Q%-655.56%
EPS Next Y41.46%
EPS Next 2Y29.76%
EPS Next 3Y22.64%
EPS Next 5Y18.99%
Revenue 1Y (TTM)15.44%
Revenue growth 3Y2.02%
Revenue growth 5Y7.45%
Sales Q2Q%21.57%
Revenue Next Year3.05%
Revenue Next 2Y8.06%
Revenue Next 3Y7.89%
Revenue Next 5Y8.68%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A