PEMBINA PIPELINE CORP - PPLCN 6.525 PERP (PPL-PR-A.CA) Fundamental Analysis & Valuation

TSX:PPL-PR-A • CA7063272024

25.09 CAD
-0.03 (-0.12%)
Last: Mar 12, 2026, 07:00 PM

This PPL-PR-A.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Overall PPL-PR-A gets a fundamental rating of 5 out of 10. We evaluated PPL-PR-A against 212 industry peers in the Oil, Gas & Consumable Fuels industry. PPL-PR-A has an excellent profitability rating, but there are concerns on its financial health. PPL-PR-A is valued quite cheap, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

1. PPL-PR-A.CA Profitability Analysis

1.1 Basic Checks

  • PPL-PR-A had positive earnings in the past year.
  • PPL-PR-A had a positive operating cash flow in the past year.
  • Each year in the past 5 years PPL-PR-A has been profitable.
  • PPL-PR-A had a positive operating cash flow in each of the past 5 years.
PPL-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFPPL-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

1.2 Ratios

  • The Return On Assets of PPL-PR-A (4.36%) is better than 81.13% of its industry peers.
  • PPL-PR-A's Return On Equity of 9.24% is fine compared to the rest of the industry. PPL-PR-A outperforms 70.75% of its industry peers.
  • PPL-PR-A has a Return On Invested Capital of 6.18%. This is amongst the best in the industry. PPL-PR-A outperforms 83.49% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for PPL-PR-A is in line with the industry average of 6.67%.
Industry RankSector 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%
PPL-PR-A.CA Yearly ROA, ROE, ROICPPL-PR-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 19.93%, PPL-PR-A belongs to the top of the industry, outperforming 86.32% of the companies in the same industry.
  • PPL-PR-A's Profit Margin has declined in the last couple of years.
  • PPL-PR-A has a better Operating Margin (34.66%) than 91.04% of its industry peers.
  • PPL-PR-A's Operating Margin has been stable in the last couple of years.
  • Looking at the Gross Margin, with a value of 41.05%, PPL-PR-A is in the better half of the industry, outperforming 61.79% of the companies in the same industry.
  • In the last couple of years the Gross Margin of PPL-PR-A has grown nicely.
Industry RankSector 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%
PPL-PR-A.CA Yearly Profit, Operating, Gross MarginsPPL-PR-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40

3

2. PPL-PR-A.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PPL-PR-A is creating some value.
  • The number of shares outstanding for PPL-PR-A remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, PPL-PR-A has more shares outstanding
  • Compared to 1 year ago, PPL-PR-A has a worse debt to assets ratio.
PPL-PR-A.CA Yearly Shares OutstandingPPL-PR-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
PPL-PR-A.CA Yearly Total Debt VS Total AssetsPPL-PR-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • Based on the Altman-Z score of 0.81, we must say that PPL-PR-A is in the distress zone and has some risk of bankruptcy.
  • PPL-PR-A has a Altman-Z score of 0.81. This is comparable to the rest of the industry: PPL-PR-A outperforms 56.60% of its industry peers.
  • The Debt to FCF ratio of PPL-PR-A is 5.29, which is a neutral value as it means it would take PPL-PR-A, 5.29 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 5.29, PPL-PR-A belongs to the top of the industry, outperforming 81.60% of the companies in the same industry.
  • A Debt/Equity ratio of 0.75 indicates that PPL-PR-A is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.75, PPL-PR-A is in line with its industry, outperforming 45.75% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.75
Debt/FCF 5.29
Altman-Z 0.81
ROIC/WACC1.03
WACC6.01%
PPL-PR-A.CA Yearly LT Debt VS Equity VS FCFPPL-PR-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 0.61 indicates that PPL-PR-A may have some problems paying its short term obligations.
  • With a Current ratio value of 0.61, PPL-PR-A is not doing good in the industry: 63.68% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.47 indicates that PPL-PR-A may have some problems paying its short term obligations.
  • The Quick ratio of PPL-PR-A (0.47) is worse than 66.04% of its industry peers.
Industry RankSector Rank
Current Ratio 0.61
Quick Ratio 0.47
PPL-PR-A.CA Yearly Current Assets VS Current LiabilitesPPL-PR-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

3

3. PPL-PR-A.CA Growth Analysis

3.1 Past

  • The earnings per share for PPL-PR-A have decreased strongly by -11.33% in the last year.
  • Measured over the past years, PPL-PR-A shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -19.61% on average per year.
  • PPL-PR-A shows a small growth in Revenue. In the last year, the Revenue has grown by 5.34%.
  • PPL-PR-A shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.63% yearly.
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

  • PPL-PR-A is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.84% yearly.
  • The Revenue is expected to grow by 2.44% on average over the next years.
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.
PPL-PR-A.CA Yearly Revenue VS EstimatesPPL-PR-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
PPL-PR-A.CA Yearly EPS VS EstimatesPPL-PR-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4

7

4. PPL-PR-A.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 9.43 indicates a reasonable valuation of PPL-PR-A.
  • Compared to the rest of the industry, the Price/Earnings ratio of PPL-PR-A indicates a rather cheap valuation: PPL-PR-A is cheaper than 80.19% of the companies listed in the same industry.
  • PPL-PR-A is valuated cheaply when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 9.03, the valuation of PPL-PR-A can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, PPL-PR-A is valued cheaper than 82.08% of the companies in the same industry.
  • PPL-PR-A is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.43
Fwd PE 9.03
PPL-PR-A.CA Price Earnings VS Forward Price EarningsPPL-PR-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PPL-PR-A indicates a rather cheap valuation: PPL-PR-A is cheaper than 82.08% of the companies listed in the same industry.
  • PPL-PR-A's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PPL-PR-A is cheaper than 95.28% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.79
EV/EBITDA 7.54
PPL-PR-A.CA Per share dataPPL-PR-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of PPL-PR-A may justify a higher PE ratio.
PEG (NY)2.14
PEG (5Y)N/A
EPS Next 2Y8.16%
EPS Next 3Y9.28%

6

5. PPL-PR-A.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 6.51%, PPL-PR-A is a good candidate for dividend investing.
  • PPL-PR-A's Dividend Yield is rather good when compared to the industry average which is at 4.17. PPL-PR-A pays more dividend than 83.96% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, PPL-PR-A pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.51%

5.2 History

  • The dividend of PPL-PR-A has a limited annual growth rate of 1.82%.
  • PPL-PR-A has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of PPL-PR-A decreased recently.
Dividend Growth(5Y)1.82%
Div Incr Years1
Div Non Decr Years1
PPL-PR-A.CA Yearly Dividends per sharePPL-PR-A.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 114.32% of the earnings are spent on dividend by PPL-PR-A. This is not a sustainable payout ratio.
  • PPL-PR-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP114.32%
EPS Next 2Y8.16%
EPS Next 3Y9.28%
PPL-PR-A.CA Yearly Income VS Free CF VS DividendPPL-PR-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B
PPL-PR-A.CA Dividend Payout.PPL-PR-A.CA Dividend Payout, showing the Payout Ratio.PPL-PR-A.CA Dividend Payout.PayoutRetained Earnings

PPL-PR-A.CA Fundamentals: All Metrics, Ratios and Statistics

PEMBINA PIPELINE CORP - PPLCN 6.525 PERP

TSX:PPL-PR-A (3/12/2026, 7:00:00 PM)

25.09

-0.03 (-0.12%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-26
Earnings (Next)05-06
Inst Owners62.27%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap14.58B
Revenue(TTM)7.78B
Net Income(TTM)1.55B
Analysts74.29
Price Target25.37 (1.12%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.51%
Yearly Dividend3.05
Dividend Growth(5Y)1.82%
DP114.32%
Div Incr Years1
Div Non Decr Years1
Ex-Date02-02
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)-6.07%
PT rev (3m)-8.02%
EPS NQ rev (1m)-1.29%
EPS NQ rev (3m)-9.29%
EPS NY rev (1m)-1.59%
EPS NY rev (3m)-10.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.14%
Revenue NY rev (1m)1.27%
Revenue NY rev (3m)-3.86%
Valuation
Industry RankSector Rank
PE 9.43
Fwd PE 9.03
P/S 1.87
P/FCF 5.79
P/OCF 4.42
P/B 0.87
P/tB 1.4
EV/EBITDA 7.54
EPS(TTM)2.66
EY10.6%
EPS(NY)2.78
Fwd EY11.07%
FCF(TTM)4.33
FCFY17.27%
OCF(TTM)5.68
OCFY22.64%
SpS13.39
BVpS28.86
TBVpS17.94
PEG (NY)2.14
PEG (5Y)N/A
Graham Number41.56
Profitability
Industry RankSector 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 RankSector 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 0.81
F-Score6
WACC6.01%
ROIC/WACC1.03
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 Year37.2%
EBIT Next 3Y14.89%
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 - PPLCN 6.525 PERP / PPL-PR-A.CA FAQ

What is the ChartMill fundamental rating of PEMBINA PIPELINE CORP - PPLCN 6.525 PERP (PPL-PR-A.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to PPL-PR-A.CA.


What is the valuation status for PPL-PR-A stock?

ChartMill assigns a valuation rating of 7 / 10 to PEMBINA PIPELINE CORP - PPLCN 6.525 PERP (PPL-PR-A.CA). This can be considered as Undervalued.


Can you provide the profitability details for PEMBINA PIPELINE CORP - PPLCN 6.525 PERP?

PEMBINA PIPELINE CORP - PPLCN 6.525 PERP (PPL-PR-A.CA) has a profitability rating of 7 / 10.


What is the valuation of PEMBINA PIPELINE CORP - PPLCN 6.525 PERP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for PEMBINA PIPELINE CORP - PPLCN 6.525 PERP (PPL-PR-A.CA) is 9.43 and the Price/Book (PB) ratio is 0.87.


Is the dividend of PEMBINA PIPELINE CORP - PPLCN 6.525 PERP sustainable?

The dividend rating of PEMBINA PIPELINE CORP - PPLCN 6.525 PERP (PPL-PR-A.CA) is 6 / 10 and the dividend payout ratio is 114.32%.