PEMBINA PIPELINE CORP (PBA) Stock Fundamental Analysis
USA - NYSE:PBA - CA7063271034 - Common Stock
40.7 USD
-0.24 (-0.59%)
Overall PBA gets a fundamental rating of 4 out of 10. We evaluated PBA against 211 industry peers in the Oil, Gas & Consumable Fuels industry. PBA has an excellent profitability rating, but there are concerns on its financial health. PBA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PBA was profitable.
In the past year PBA had a positive cash flow from operations.
Of the past 5 years PBA 4 years were profitable.
Each year in the past 5 years PBA had a positive operating cash flow.
1.2 Ratios
PBA has a better Return On Assets (4.87%) than 63.03% of its industry peers.
PBA's Return On Equity of 10.12% is fine compared to the rest of the industry. PBA outperforms 62.09% of its industry peers.
PBA has a Return On Invested Capital of 7.24%. This is in the better half of the industry: PBA outperforms 64.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PBA is significantly below the industry average of 21.55%.
The 3 year average ROIC (6.98%) for PBA is below the current ROIC(7.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 10.12% | ||
| ROIC | 7.24% |
ROA(3y)6.29%
ROA(5y)4.17%
ROE(3y)12.77%
ROE(5y)8.56%
ROIC(3y)6.98%
ROIC(5y)6.78%
1.3 Margins
PBA has a Profit Margin of 21.39%. This is in the better half of the industry: PBA outperforms 74.88% of its industry peers.
In the last couple of years the Profit Margin of PBA has grown nicely.
PBA's Operating Margin of 37.24% is amongst the best of the industry. PBA outperforms 83.89% of its industry peers.
PBA's Operating Margin has improved in the last couple of years.
PBA has a Gross Margin (43.15%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of PBA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.24% | ||
| PM (TTM) | 21.39% | ||
| GM | 43.15% |
OM growth 3Y9.34%
OM growth 5Y5.89%
PM growth 3Y22.34%
PM growth 5Y4.14%
GM growth 3Y13.54%
GM growth 5Y5.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PBA is destroying value.
PBA has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PBA has been increased compared to 5 years ago.
PBA has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that PBA is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of PBA (1.49) is comparable to the rest of the industry.
The Debt to FCF ratio of PBA is 5.19, which is a neutral value as it means it would take PBA, 5.19 years of fcf income to pay off all of its debts.
PBA has a Debt to FCF ratio of 5.19. This is in the better half of the industry: PBA outperforms 63.03% of its industry peers.
A Debt/Equity ratio of 0.75 indicates that PBA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.75, PBA is not doing good in the industry: 63.03% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.19 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.96
WACC7.55%
2.3 Liquidity
A Current Ratio of 0.77 indicates that PBA may have some problems paying its short term obligations.
PBA has a worse Current ratio (0.77) than 71.09% of its industry peers.
PBA has a Quick Ratio of 0.77. This is a bad value and indicates that PBA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.62, PBA is not doing good in the industry: 75.83% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
PBA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.90%.
PBA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.52% yearly.
PBA shows a decrease in Revenue. In the last year, the revenue decreased by -1.10%.
The Revenue has been growing slightly by 0.42% on average over the past years.
EPS 1Y (TTM)-8.9%
EPS 3Y14.66%
EPS 5Y-0.52%
EPS Q2Q%-13.33%
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y-5.05%
Revenue growth 5Y0.42%
Sales Q2Q%-3.4%
3.2 Future
The Earnings Per Share is expected to grow by 11.57% on average over the next years. This is quite good.
Based on estimates for the next years, PBA will show a small growth in Revenue. The Revenue will grow by 2.45% on average per year.
EPS Next Y-0.71%
EPS Next 2Y1.47%
EPS Next 3Y2.9%
EPS Next 5Y11.57%
Revenue Next Year7.09%
Revenue Next 2Y7.32%
Revenue Next 3Y5.59%
Revenue Next 5Y2.45%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.11, which indicates a rather expensive current valuation of PBA.
PBA's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.76, PBA is valued a bit cheaper.
PBA is valuated rather expensively with a Price/Forward Earnings ratio of 18.39.
The rest of the industry has a similar Price/Forward Earnings ratio as PBA.
The average S&P500 Price/Forward Earnings ratio is at 23.21. PBA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.11 | ||
| Fwd PE | 18.39 |
4.2 Price Multiples
PBA's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, PBA is valued a bit cheaper than 66.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.79 | ||
| EV/EBITDA | 11.71 |
4.3 Compensation for Growth
The decent profitability rating of PBA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.47%
EPS Next 3Y2.9%
5. Dividend
5.1 Amount
PBA has a Yearly Dividend Yield of 5.12%, which is a nice return.
Compared to an average industry Dividend Yield of 6.08, PBA pays a bit more dividend than its industry peers.
PBA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.12% |
5.2 History
The dividend of PBA has a limited annual growth rate of 2.11%.
PBA has paid a dividend for at least 10 years, which is a reliable track record.
PBA has decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.11%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
101.62% of the earnings are spent on dividend by PBA. This is not a sustainable payout ratio.
The dividend of PBA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP101.62%
EPS Next 2Y1.47%
EPS Next 3Y2.9%
NYSE:PBA (10/8/2025, 3:30:03 PM)
40.7
-0.24 (-0.59%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners63.71%
Inst Owner Change0.01%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap23.64B
Analysts76.36
Price Target43.16 (6.04%)
Short Float %2.52%
Short Ratio11.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.12% |
Yearly Dividend1.99
Dividend Growth(5Y)2.11%
DP101.62%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.97%
Min EPS beat(2)-1.36%
Max EPS beat(2)-0.58%
EPS beat(4)1
Avg EPS beat(4)-2.8%
Min EPS beat(4)-17.44%
Max EPS beat(4)8.17%
EPS beat(8)2
Avg EPS beat(8)1.27%
EPS beat(12)4
Avg EPS beat(12)26.5%
EPS beat(16)6
Avg EPS beat(16)17.31%
Revenue beat(2)1
Avg Revenue beat(2)11.68%
Min Revenue beat(2)-11.59%
Max Revenue beat(2)34.95%
Revenue beat(4)2
Avg Revenue beat(4)4.56%
Min Revenue beat(4)-11.59%
Max Revenue beat(4)34.95%
Revenue beat(8)3
Avg Revenue beat(8)-3.41%
Revenue beat(12)5
Avg Revenue beat(12)-1.89%
Revenue beat(16)9
Avg Revenue beat(16)5.47%
PT rev (1m)-0.93%
PT rev (3m)-5.06%
EPS NQ rev (1m)1.8%
EPS NQ rev (3m)-1.6%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)-5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.03%
Revenue NY rev (1m)2.47%
Revenue NY rev (3m)-1.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.11 | ||
| Fwd PE | 18.39 | ||
| P/S | 4.09 | ||
| P/FCF | 12.79 | ||
| P/OCF | 9.55 | ||
| P/B | 1.94 | ||
| P/tB | 3.1 | ||
| EV/EBITDA | 11.71 |
EPS(TTM)2.13
EY5.23%
EPS(NY)2.21
Fwd EY5.44%
FCF(TTM)3.18
FCFY7.82%
OCF(TTM)4.26
OCFY10.47%
SpS9.95
BVpS21.02
TBVpS13.13
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 10.12% | ||
| ROCE | 8.93% | ||
| ROIC | 7.24% | ||
| ROICexc | 7.29% | ||
| ROICexgc | 9.01% | ||
| OM | 37.24% | ||
| PM (TTM) | 21.39% | ||
| GM | 43.15% | ||
| FCFM | 31.99% |
ROA(3y)6.29%
ROA(5y)4.17%
ROE(3y)12.77%
ROE(5y)8.56%
ROIC(3y)6.98%
ROIC(5y)6.78%
ROICexc(3y)7.01%
ROICexc(5y)6.8%
ROICexgc(3y)9.56%
ROICexgc(5y)9.04%
ROCE(3y)8.61%
ROCE(5y)8.36%
ROICexcg growth 3Y-1.14%
ROICexcg growth 5Y4.96%
ROICexc growth 3Y-0.45%
ROICexc growth 5Y5.18%
OM growth 3Y9.34%
OM growth 5Y5.89%
PM growth 3Y22.34%
PM growth 5Y4.14%
GM growth 3Y13.54%
GM growth 5Y5.86%
F-Score6
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.19 | ||
| Debt/EBITDA | 3.21 | ||
| Cap/Depr | 91.53% | ||
| Cap/Sales | 10.85% | ||
| Interest Coverage | 4.96 | ||
| Cash Conversion | 87.24% | ||
| Profit Quality | 149.51% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 1.49 |
F-Score6
WACC7.55%
ROIC/WACC0.96
Cap/Depr(3y)96.92%
Cap/Depr(5y)105.76%
Cap/Sales(3y)9.24%
Cap/Sales(5y)10.39%
Profit Quality(3y)112.05%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.9%
EPS 3Y14.66%
EPS 5Y-0.52%
EPS Q2Q%-13.33%
EPS Next Y-0.71%
EPS Next 2Y1.47%
EPS Next 3Y2.9%
EPS Next 5Y11.57%
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y-5.05%
Revenue growth 5Y0.42%
Sales Q2Q%-3.4%
Revenue Next Year7.09%
Revenue Next 2Y7.32%
Revenue Next 3Y5.59%
Revenue Next 5Y2.45%
EBIT growth 1Y13.79%
EBIT growth 3Y3.82%
EBIT growth 5Y6.33%
EBIT Next Year34.71%
EBIT Next 3Y12.48%
EBIT Next 5Y10.06%
FCF growth 1Y7.73%
FCF growth 3Y4.28%
FCF growth 5Y20.56%
OCF growth 1Y17.96%
OCF growth 3Y6.64%
OCF growth 5Y4.89%