PEMBINA PIPELINE CORP (PBA) Stock Fundamental Analysis
NYSE:PBA • CA7063271034
44.99 USD
+1 (+2.27%)
At close: Mar 2, 2026
45.1 USD
+0.11 (+0.24%)
After Hours: 3/2/2026, 8:04:00 PM
Taking everything into account, PBA scores 4 out of 10 in our fundamental rating. PBA was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of PBA while its profitability can be described as average. PBA does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- PBA had positive earnings in the past year.
- In the past year PBA had a positive cash flow from operations.
- Each year in the past 5 years PBA has been profitable.
- Each year in the past 5 years PBA had a positive operating cash flow.
1.2 Ratios
- PBA has a Return On Assets (4.36%) which is in line with its industry peers.
- The Return On Equity of PBA (9.24%) is comparable to the rest of the industry.
- PBA's Return On Invested Capital of 6.18% is in line compared to the rest of the industry. PBA outperforms 55.07% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for PBA is significantly below the industry average of 22.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.36% | ||
| ROE | 9.24% | ||
| ROIC | 6.18% |
ROA(3y)4.73%
ROA(5y)5.34%
ROE(3y)9.83%
ROE(5y)11.05%
ROIC(3y)6.41%
ROIC(5y)6.57%
1.3 Margins
- The Profit Margin of PBA (19.93%) is better than 74.88% of its industry peers.
- In the last couple of years the Profit Margin of PBA has declined.
- PBA's Operating Margin of 34.66% is amongst the best of the industry. PBA outperforms 82.61% of its industry peers.
- In the last couple of years the Operating Margin of PBA has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 41.05%, PBA is in line with its industry, outperforming 50.24% of the companies in the same industry.
- In the last couple of years the Gross Margin of PBA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.66% | ||
| PM (TTM) | 19.93% | ||
| GM | 41.05% |
OM growth 3Y15.75%
OM growth 5Y0.53%
PM growth 3Y-6.62%
PM growth 5YN/A
GM growth 3Y15.14%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PBA is destroying value.
- PBA has about the same amout of shares outstanding than it did 1 year ago.
- PBA has more shares outstanding than it did 5 years ago.
- PBA has a worse debt/assets ratio than last year.
2.2 Solvency
- PBA has an Altman-Z score of 1.49. This is a bad value and indicates that PBA is not financially healthy and even has some risk of bankruptcy.
- PBA has a Altman-Z score (1.49) which is comparable to the rest of the industry.
- PBA has a debt to FCF ratio of 5.29. This is a neutral value as PBA would need 5.29 years to pay back of all of its debts.
- PBA has a better Debt to FCF ratio (5.29) than 65.22% of its industry peers.
- PBA has a Debt/Equity ratio of 0.75. This is a neutral value indicating PBA is somewhat dependend on debt financing.
- PBA's Debt to Equity ratio of 0.75 is on the low side compared to the rest of the industry. PBA is outperformed by 62.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.29 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.95
WACC6.52%
2.3 Liquidity
- A Current Ratio of 0.61 indicates that PBA may have some problems paying its short term obligations.
- PBA has a Current ratio of 0.61. This is amonst the worse of the industry: PBA underperforms 80.19% of its industry peers.
- PBA has a Quick Ratio of 0.61. 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 0.47, PBA is not doing good in the industry: 84.54% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
- The earnings per share for PBA have decreased strongly by -11.33% in the last year.
- The earnings per share for PBA have been decreasing by -19.61% on average. This is quite bad
- PBA shows a small growth in Revenue. In the last year, the Revenue has grown by 5.34%.
- Measured over the past years, PBA shows a small growth in Revenue. The Revenue has been growing by 4.63% on average per year.
EPS 1Y (TTM)-11.33%
EPS 3Y-19.61%
EPS 5YN/A
EPS Q2Q%-15.22%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y-12.5%
Revenue growth 5Y4.63%
Sales Q2Q%-10.82%
3.2 Future
- The Earnings Per Share is expected to grow by 9.84% 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 2.44% on average per year.
EPS Next Y4.41%
EPS Next 2Y8.16%
EPS Next 3Y9.28%
EPS Next 5Y9.84%
Revenue Next Year4.31%
Revenue Next 2Y5.15%
Revenue Next 3Y1.16%
Revenue Next 5Y2.44%
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 23.07, PBA is valued on the expensive side.
- PBA's Price/Earnings is on the same level as the industry average.
- PBA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.13.
- A Price/Forward Earnings ratio of 22.14 indicates a rather expensive valuation of PBA.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of PBA is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.11, PBA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.07 | ||
| Fwd PE | 22.14 |
4.2 Price Multiples
- PBA's Enterprise Value to EBITDA ratio is in line with the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PBA indicates a somewhat cheap valuation: PBA is cheaper than 70.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.2 | ||
| EV/EBITDA | 13.29 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)5.24
PEG (5Y)N/A
EPS Next 2Y8.16%
EPS Next 3Y9.28%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.61%, PBA is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.46, 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 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.61% |
5.2 History
- The dividend of PBA has a limited annual growth rate of 1.82%.
- PBA has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of PBA decreased in the last 3 years.
Dividend Growth(5Y)1.82%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 114.32% of the earnings are spent on dividend by PBA. This is not a sustainable payout ratio.
- PBA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP114.32%
EPS Next 2Y8.16%
EPS Next 3Y9.28%
44.99
+1 (+2.27%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)05-06 2026-05-06/amc
Inst Owners62.62%
Inst Owner Change-0.58%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap26.14B
Revenue(TTM)7.78B
Net Income(TTM)1.55B
Analysts74.29
Price Target44.72 (-0.6%)
Short Float %1.17%
Short Ratio4.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.61% |
Yearly Dividend2.23
Dividend Growth(5Y)1.82%
DP114.32%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-16 2026-03-16 (0.71)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-14.08%
Min EPS beat(2)-33.88%
Max EPS beat(2)5.72%
EPS beat(4)1
Avg EPS beat(4)-7.53%
Min EPS beat(4)-33.88%
Max EPS beat(4)5.72%
EPS beat(8)2
Avg EPS beat(8)-5.25%
EPS beat(12)4
Avg EPS beat(12)-2.66%
EPS beat(16)6
Avg EPS beat(16)18.03%
Revenue beat(2)0
Avg Revenue beat(2)-6.77%
Min Revenue beat(2)-9.09%
Max Revenue beat(2)-4.45%
Revenue beat(4)1
Avg Revenue beat(4)2.46%
Min Revenue beat(4)-11.59%
Max Revenue beat(4)34.95%
Revenue beat(8)2
Avg Revenue beat(8)-5.24%
Revenue beat(12)3
Avg Revenue beat(12)-4.52%
Revenue beat(16)7
Avg Revenue beat(16)-0.27%
PT rev (1m)1.97%
PT rev (3m)2.75%
EPS NQ rev (1m)-1.12%
EPS NQ rev (3m)-9.56%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)0.84%
Revenue NY rev (3m)-2.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.07 | ||
| Fwd PE | 22.14 | ||
| P/S | 4.59 | ||
| P/FCF | 14.2 | ||
| P/OCF | 10.83 | ||
| P/B | 2.13 | ||
| P/tB | 3.43 | ||
| EV/EBITDA | 13.29 |
EPS(TTM)1.95
EY4.33%
EPS(NY)2.03
Fwd EY4.52%
FCF(TTM)3.17
FCFY7.04%
OCF(TTM)4.16
OCFY9.24%
SpS9.79
BVpS21.11
TBVpS13.13
PEG (NY)5.24
PEG (5Y)N/A
Graham Number30.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.36% | ||
| ROE | 9.24% | ||
| ROCE | 8.05% | ||
| ROIC | 6.18% | ||
| ROICexc | 6.2% | ||
| ROICexgc | 7.65% | ||
| OM | 34.66% | ||
| PM (TTM) | 19.93% | ||
| GM | 41.05% | ||
| FCFM | 32.36% |
ROA(3y)4.73%
ROA(5y)5.34%
ROE(3y)9.83%
ROE(5y)11.05%
ROIC(3y)6.41%
ROIC(5y)6.57%
ROICexc(3y)6.44%
ROICexc(5y)6.59%
ROICexgc(3y)8.03%
ROICexgc(5y)8.7%
ROCE(3y)8.35%
ROCE(5y)8.56%
ROICexgc growth 3Y-10.52%
ROICexgc growth 5Y2.02%
ROICexc growth 3Y-2.99%
ROICexc growth 5Y2.65%
OM growth 3Y15.75%
OM growth 5Y0.53%
PM growth 3Y-6.62%
PM growth 5YN/A
GM growth 3Y15.14%
GM growth 5Y1.86%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.29 | ||
| Debt/EBITDA | 3.43 | ||
| Cap/Depr | 79.43% | ||
| Cap/Sales | 10.08% | ||
| Interest Coverage | 4.41 | ||
| Cash Conversion | 89.63% | ||
| Profit Quality | 162.39% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 1.49 |
F-Score6
WACC6.52%
ROIC/WACC0.95
Cap/Depr(3y)93.87%
Cap/Depr(5y)92.24%
Cap/Sales(3y)10.86%
Cap/Sales(5y)9.08%
Profit Quality(3y)138.92%
Profit Quality(5y)135.99%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.33%
EPS 3Y-19.61%
EPS 5YN/A
EPS Q2Q%-15.22%
EPS Next Y4.41%
EPS Next 2Y8.16%
EPS Next 3Y9.28%
EPS Next 5Y9.84%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y-12.5%
Revenue growth 5Y4.63%
Sales Q2Q%-10.82%
Revenue Next Year4.31%
Revenue Next 2Y5.15%
Revenue Next 3Y1.16%
Revenue Next 5Y2.44%
EBIT growth 1Y-6.94%
EBIT growth 3Y1.28%
EBIT growth 5Y5.18%
EBIT Next Year36.88%
EBIT Next 3Y15.36%
EBIT Next 5Y11.48%
FCF growth 1Y11.42%
FCF growth 3Y2.69%
FCF growth 5Y15.53%
OCF growth 1Y2.71%
OCF growth 3Y4.07%
OCF growth 5Y7.95%
PEMBINA PIPELINE CORP / PBA FAQ
What is the fundamental rating for PBA stock?
ChartMill assigns a fundamental rating of 4 / 10 to PBA.
Can you provide the valuation status for PEMBINA PIPELINE CORP?
ChartMill assigns a valuation rating of 3 / 10 to PEMBINA PIPELINE CORP (PBA). This can be considered as Overvalued.
How profitable is PEMBINA PIPELINE CORP (PBA) stock?
PEMBINA PIPELINE CORP (PBA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for PBA stock?
The Price/Earnings (PE) ratio for PEMBINA PIPELINE CORP (PBA) is 23.07 and the Price/Book (PB) ratio is 2.13.
How financially healthy is PEMBINA PIPELINE CORP?
The financial health rating of PEMBINA PIPELINE CORP (PBA) is 2 / 10.