18.01 USD
+0.02 (+0.11%)
18.03 USD
+0.02 (+0.11%)
We assign a fundamental rating of 4 out of 10 to PAGP. PAGP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. PAGP has a bad profitability rating. Also its financial health evaluation is rather negative. PAGP is valued quite cheap, while showing a decent growth score. This is a good combination! Finally PAGP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
PAGP had positive earnings in the past year.
PAGP had a positive operating cash flow in the past year.
PAGP had positive earnings in 4 of the past 5 years.
Each year in the past 5 years PAGP had a positive operating cash flow.
1.2 Ratios
PAGP has a worse Return On Assets (0.64%) than 66.19% of its industry peers.
PAGP's Return On Equity of 13.83% is fine compared to the rest of the industry. PAGP outperforms 74.29% of its industry peers.
PAGP has a Return On Invested Capital (5.17%) which is comparable to the rest of the industry.
PAGP had an Average Return On Invested Capital over the past 3 years of 5.23%. This is significantly below the industry average of 21.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 13.83% | ||
| ROIC | 5.17% |
ROA(3y)0.55%
ROA(5y)-0.07%
ROE(3y)10.48%
ROE(5y)-0.69%
ROIC(3y)5.23%
ROIC(5y)4.87%
1.3 Margins
PAGP's Profit Margin of 0.40% is on the low side compared to the rest of the industry. PAGP is outperformed by 65.71% of its industry peers.
In the last couple of years the Profit Margin of PAGP has declined.
With a Operating Margin value of 3.08%, PAGP is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of PAGP has declined.
With a Gross Margin value of 9.23%, PAGP is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of PAGP has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.08% | ||
| PM (TTM) | 0.4% | ||
| GM | 9.23% |
OM growth 3Y-8.29%
OM growth 5Y-14.79%
PM growth 3Y12.99%
PM growth 5Y-26.86%
GM growth 3Y2%
GM growth 5Y-6.37%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PAGP is destroying value.
PAGP has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PAGP has been reduced compared to 5 years ago.
Compared to 1 year ago, PAGP has a worse debt to assets ratio.
2.2 Solvency
PAGP has a debt to FCF ratio of 4.27. This is a neutral value as PAGP would need 4.27 years to pay back of all of its debts.
PAGP has a better Debt to FCF ratio (4.27) than 68.10% of its industry peers.
A Debt/Equity ratio of 6.27 is on the high side and indicates that PAGP has dependencies on debt financing.
The Debt to Equity ratio of PAGP (6.27) is worse than 90.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.27 | ||
| Debt/FCF | 4.27 | ||
| Altman-Z | N/A |
ROIC/WACC0.68
WACC7.65%
2.3 Liquidity
PAGP has a Current Ratio of 1.04. This is a normal value and indicates that PAGP is financially healthy and should not expect problems in meeting its short term obligations.
PAGP has a Current ratio (1.04) which is comparable to the rest of the industry.
PAGP has a Quick Ratio of 1.01. This is a normal value and indicates that PAGP is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of PAGP (1.01) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.41% over the past year.
Measured over the past years, PAGP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -23.92% on average per year.
Looking at the last year, PAGP shows a decrease in Revenue. The Revenue has decreased by -7.42% in the last year.
Measured over the past years, PAGP shows a quite strong growth in Revenue. The Revenue has been growing by 8.26% on average per year.
EPS 1Y (TTM)9.41%
EPS 3Y18.32%
EPS 5Y-23.92%
EPS Q2Q%141.18%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
3.2 Future
PAGP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.07% yearly.
PAGP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.80% yearly.
EPS Next Y192.89%
EPS Next 2Y74.2%
EPS Next 3Y44.93%
EPS Next 5Y28.07%
Revenue Next Year-12.2%
Revenue Next 2Y-1.18%
Revenue Next 3Y-0.21%
Revenue Next 5Y-5.8%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.37, PAGP is valued on the expensive side.
PAGP's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.47, PAGP is valued a bit cheaper.
The Price/Forward Earnings ratio is 11.20, which indicates a very decent valuation of PAGP.
Based on the Price/Forward Earnings ratio, PAGP is valued a bit cheaper than the industry average as 67.14% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of PAGP to the average of the S&P500 Index (34.42), we can say PAGP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.37 | ||
| Fwd PE | 11.2 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PAGP indicates a somewhat cheap valuation: PAGP is cheaper than 75.71% of the companies listed in the same industry.
99.05% of the companies in the same industry are more expensive than PAGP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.61 | ||
| EV/EBITDA | 4.95 |
4.3 Compensation for Growth
The 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 PAGP's earnings are expected to grow with 44.93% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y74.2%
EPS Next 3Y44.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.45%, PAGP is a good candidate for dividend investing.
PAGP's Dividend Yield is rather good when compared to the industry average which is at 5.90. PAGP pays more dividend than 84.76% of the companies in the same industry.
PAGP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
5.2 History
The dividend of PAGP has a limited annual growth rate of 2.27%.
PAGP has paid a dividend for at least 10 years, which is a reliable track record.
PAGP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.27%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
154.84% of the earnings are spent on dividend by PAGP. This is not a sustainable payout ratio.
PAGP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP154.84%
EPS Next 2Y74.2%
EPS Next 3Y44.93%
18.01
+0.02 (+0.11%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners80.6%
Inst Owner Change5.08%
Ins Owners2.67%
Ins Owner Change-0.02%
Market Cap3.56B
Revenue(TTM)46.63B
Net Income(TTM)186.00M
Analysts73
Price Target21.1 (17.16%)
Short Float %5.09%
Short Ratio7.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
Yearly Dividend0.32
Dividend Growth(5Y)2.27%
DP154.84%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-26.11%
Min EPS beat(2)-55.97%
Max EPS beat(2)3.75%
EPS beat(4)1
Avg EPS beat(4)-45.22%
Min EPS beat(4)-115.08%
Max EPS beat(4)3.75%
EPS beat(8)1
Avg EPS beat(8)-37.26%
EPS beat(12)3
Avg EPS beat(12)10.89%
EPS beat(16)5
Avg EPS beat(16)18.99%
Revenue beat(2)0
Avg Revenue beat(2)-10.46%
Min Revenue beat(2)-14.6%
Max Revenue beat(2)-6.32%
Revenue beat(4)0
Avg Revenue beat(4)-13.7%
Min Revenue beat(4)-17.15%
Max Revenue beat(4)-6.32%
Revenue beat(8)2
Avg Revenue beat(8)-7.6%
Revenue beat(12)2
Avg Revenue beat(12)-7.11%
Revenue beat(16)5
Avg Revenue beat(16)-2.71%
PT rev (1m)-2.17%
PT rev (3m)-3.31%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)5.03%
EPS NY rev (1m)0%
EPS NY rev (3m)3.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.37 | ||
| Fwd PE | 11.2 | ||
| P/S | 0.08 | ||
| P/FCF | 1.61 | ||
| P/OCF | 1.24 | ||
| P/B | 2.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.95 |
EPS(TTM)0.93
EY5.16%
EPS(NY)1.61
Fwd EY8.93%
FCF(TTM)11.19
FCFY62.11%
OCF(TTM)14.53
OCFY80.67%
SpS235.83
BVpS6.8
TBVpS-1.14
PEG (NY)0.1
PEG (5Y)N/A
Graham Number11.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 13.83% | ||
| ROCE | 6.01% | ||
| ROIC | 5.17% | ||
| ROICexc | 5.44% | ||
| ROICexgc | 5.85% | ||
| OM | 3.08% | ||
| PM (TTM) | 0.4% | ||
| GM | 9.23% | ||
| FCFM | 4.74% |
ROA(3y)0.55%
ROA(5y)-0.07%
ROE(3y)10.48%
ROE(5y)-0.69%
ROIC(3y)5.23%
ROIC(5y)4.87%
ROICexc(3y)5.29%
ROICexc(5y)4.92%
ROICexgc(3y)5.77%
ROICexgc(5y)5.34%
ROCE(3y)6.07%
ROCE(5y)5.65%
ROICexgc growth 3Y-2%
ROICexgc growth 5Y-7.01%
ROICexc growth 3Y-1.66%
ROICexc growth 5Y-5.85%
OM growth 3Y-8.29%
OM growth 5Y-14.79%
PM growth 3Y12.99%
PM growth 5Y-26.86%
GM growth 3Y2%
GM growth 5Y-6.37%
F-Score6
Asset Turnover1.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.27 | ||
| Debt/FCF | 4.27 | ||
| Debt/EBITDA | 3.53 | ||
| Cap/Depr | 69.36% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 3.51 | ||
| Cash Conversion | 120.31% | ||
| Profit Quality | 1189.25% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | N/A |
F-Score6
WACC7.65%
ROIC/WACC0.68
Cap/Depr(3y)53.51%
Cap/Depr(5y)63.68%
Cap/Sales(3y)1.06%
Cap/Sales(5y)1.44%
Profit Quality(3y)1354.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.41%
EPS 3Y18.32%
EPS 5Y-23.92%
EPS Q2Q%141.18%
EPS Next Y192.89%
EPS Next 2Y74.2%
EPS Next 3Y44.93%
EPS Next 5Y28.07%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
Revenue Next Year-12.2%
Revenue Next 2Y-1.18%
Revenue Next 3Y-0.21%
Revenue Next 5Y-5.8%
EBIT growth 1Y-4.59%
EBIT growth 3Y-2.81%
EBIT growth 5Y-7.75%
EBIT Next Year70.9%
EBIT Next 3Y17.85%
EBIT Next 5Y8.71%
FCF growth 1Y47.57%
FCF growth 3Y4.06%
FCF growth 5Y8.42%
OCF growth 1Y40.42%
OCF growth 3Y7.65%
OCF growth 5Y-0.13%
PLAINS GP HOLDINGS LP-CL A / PAGP FAQ
What is the fundamental rating for PAGP stock?
ChartMill assigns a fundamental rating of 4 / 10 to PAGP.
What is the valuation status for PAGP stock?
ChartMill assigns a valuation rating of 7 / 10 to PLAINS GP HOLDINGS LP-CL A (PAGP). This can be considered as Undervalued.
What is the profitability of PAGP stock?
PLAINS GP HOLDINGS LP-CL A (PAGP) has a profitability rating of 3 / 10.
What are the PE and PB ratios of PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
The Price/Earnings (PE) ratio for PLAINS GP HOLDINGS LP-CL A (PAGP) is 19.37 and the Price/Book (PB) ratio is 2.65.
What is the expected EPS growth for PLAINS GP HOLDINGS LP-CL A (PAGP) stock?
The Earnings per Share (EPS) of PLAINS GP HOLDINGS LP-CL A (PAGP) is expected to grow by 192.89% in the next year.