PEMBINA PIPELINE CORP - PPLCN 5.953 PERP (PPL-PR-G.CA) Stock Fundamental Analysis
TSX:PPL-PR-G - Toronto Stock Exchange - CA7063276082 - Currency: CAD
We assign a fundamental rating of 5 out of 10 to PPL-PR-G. PPL-PR-G was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. PPL-PR-G scores excellent on profitability, but there are concerns on its financial health. PPL-PR-G is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
PPL-PR-G had positive earnings in the past year.
PPL-PR-G had a positive operating cash flow in the past year.
PPL-PR-G had positive earnings in 4 of the past 5 years.
Each year in the past 5 years PPL-PR-G had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.99%, PPL-PR-G belongs to the top of the industry, outperforming 82.55% of the companies in the same industry.
With a decent Return On Equity value of 10.14%, PPL-PR-G is doing good in the industry, outperforming 78.77% of the companies in the same industry.
PPL-PR-G has a Return On Invested Capital of 7.38%. This is amongst the best in the industry. PPL-PR-G outperforms 82.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PPL-PR-G is in line with the industry average of 7.33%.
The 3 year average ROIC (6.98%) for PPL-PR-G is below the current ROIC(7.38%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.99% | ||
| ROE | 10.14% | ||
| ROIC | 7.38% |
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
Looking at the Profit Margin, with a value of 21.92%, PPL-PR-G belongs to the top of the industry, outperforming 83.02% of the companies in the same industry.
In the last couple of years the Profit Margin of PPL-PR-G has grown nicely.
PPL-PR-G's Operating Margin of 37.52% is amongst the best of the industry. PPL-PR-G outperforms 88.21% of its industry peers.
In the last couple of years the Operating Margin of PPL-PR-G has grown nicely.
PPL-PR-G's Gross Margin of 43.24% is fine compared to the rest of the industry. PPL-PR-G outperforms 67.92% of its industry peers.
In the last couple of years the Gross Margin of PPL-PR-G has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.52% | ||
| PM (TTM) | 21.92% | ||
| GM | 43.24% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PPL-PR-G is destroying value.
PPL-PR-G has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PPL-PR-G has been increased compared to 5 years ago.
Compared to 1 year ago, PPL-PR-G has a worse debt to assets ratio.
2.2 Solvency
PPL-PR-G has an Altman-Z score of 0.85. This is a bad value and indicates that PPL-PR-G is not financially healthy and even has some risk of bankruptcy.
PPL-PR-G has a Altman-Z score (0.85) which is in line with its industry peers.
The Debt to FCF ratio of PPL-PR-G is 4.91, which is a neutral value as it means it would take PPL-PR-G, 4.91 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.91, PPL-PR-G is doing good in the industry, outperforming 75.47% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that PPL-PR-G is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.69, PPL-PR-G is in line with its industry, outperforming 43.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 4.91 | ||
| Altman-Z | 0.85 |
ROIC/WACC0.94
WACC7.82%
2.3 Liquidity
A Current Ratio of 0.64 indicates that PPL-PR-G may have some problems paying its short term obligations.
PPL-PR-G has a Current ratio of 0.64. This is in the lower half of the industry: PPL-PR-G underperforms 67.45% of its industry peers.
PPL-PR-G has a Quick Ratio of 0.64. This is a bad value and indicates that PPL-PR-G is not financially healthy enough and could expect problems in meeting its short term obligations.
PPL-PR-G has a Quick ratio of 0.52. This is in the lower half of the industry: PPL-PR-G underperforms 69.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
PPL-PR-G shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.29%.
Measured over the past years, PPL-PR-G shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.52% on average per year.
PPL-PR-G shows a decrease in Revenue. In the last year, the revenue decreased by -2.89%.
Measured over the past years, PPL-PR-G shows a small growth in Revenue. The Revenue has been growing by 0.42% on average per year.
EPS 1Y (TTM)-1.29%
EPS 3Y14.66%
EPS 5Y-0.52%
EPS Q2Q%9.59%
Revenue 1Y (TTM)-2.89%
Revenue growth 3Y-5.05%
Revenue growth 5Y0.42%
Sales Q2Q%48.18%
3.2 Future
Based on estimates for the next years, PPL-PR-G will show a small growth in Earnings Per Share. The EPS will grow by 6.90% on average per year.
PPL-PR-G is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.73% yearly.
EPS Next Y4.51%
EPS Next 2Y5.29%
EPS Next 3Y6.23%
EPS Next 5Y6.9%
Revenue Next Year9.26%
Revenue Next 2Y4.85%
Revenue Next 3Y3.17%
Revenue Next 5Y1.73%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 7.80, which indicates a rather cheap valuation of PPL-PR-G.
Compared to the rest of the industry, the Price/Earnings ratio of PPL-PR-G indicates a somewhat cheap valuation: PPL-PR-G is cheaper than 77.83% of the companies listed in the same industry.
PPL-PR-G is valuated cheaply when we compare the Price/Earnings ratio to 26.65, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.20, the valuation of PPL-PR-G can be described as very cheap.
PPL-PR-G's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PPL-PR-G is cheaper than 73.58% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PPL-PR-G to the average of the S&P500 Index (21.27), we can say PPL-PR-G is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.8 | ||
| Fwd PE | 7.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PPL-PR-G is valued a bit cheaper than 74.06% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PPL-PR-G is valued cheaper than 94.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.2 | ||
| EV/EBITDA | 6.74 |
4.3 Compensation for Growth
PPL-PR-G's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of PPL-PR-G may justify a higher PE ratio.
PEG (NY)1.73
PEG (5Y)N/A
EPS Next 2Y5.29%
EPS Next 3Y6.23%
5. Dividend
5.1 Amount
PPL-PR-G has a Yearly Dividend Yield of 6.37%, which is a nice return.
Compared to an average industry Dividend Yield of 6.21, PPL-PR-G pays a bit more dividend than its industry peers.
PPL-PR-G's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.37% |
5.2 History
The dividend of PPL-PR-G has a limited annual growth rate of 2.11%.
PPL-PR-G has paid a dividend for at least 10 years, which is a reliable track record.
PPL-PR-G has decreased its dividend recently.
Dividend Growth(5Y)2.11%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
PPL-PR-G pays out 97.64% of its income as dividend. This is not a sustainable payout ratio.
The dividend of PPL-PR-G is growing, but earnings are growing more, so the dividend growth is sustainable.
DP97.64%
EPS Next 2Y5.29%
EPS Next 3Y6.23%
PEMBINA PIPELINE CORP - PPLCN 5.953 PERP
TSX:PPL-PR-G (6/23/2025, 7:00:00 PM)
23.94
+0.14 (+0.59%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners63.9%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap13.91B
Analysts78.18
Price Target29.27 (22.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.37% |
Yearly Dividend2.78
Dividend Growth(5Y)2.11%
DP97.64%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.4%
Min EPS beat(2)-1.36%
Max EPS beat(2)8.17%
EPS beat(4)1
Avg EPS beat(4)-2.83%
Min EPS beat(4)-17.44%
Max EPS beat(4)8.17%
EPS beat(8)3
Avg EPS beat(8)1.62%
EPS beat(12)4
Avg EPS beat(12)26.32%
EPS beat(16)6
Avg EPS beat(16)15.4%
Revenue beat(2)2
Avg Revenue beat(2)19.21%
Min Revenue beat(2)3.47%
Max Revenue beat(2)34.95%
Revenue beat(4)2
Avg Revenue beat(4)5.97%
Min Revenue beat(4)-8.58%
Max Revenue beat(4)34.95%
Revenue beat(8)3
Avg Revenue beat(8)-2.88%
Revenue beat(12)6
Avg Revenue beat(12)-0.69%
Revenue beat(16)10
Avg Revenue beat(16)7.51%
PT rev (1m)14.01%
PT rev (3m)4.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.96%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.8 | ||
| Fwd PE | 7.2 | ||
| P/S | 1.71 | ||
| P/FCF | 5.2 | ||
| P/OCF | 3.84 | ||
| P/B | 0.79 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 6.74 |
EPS(TTM)3.07
EY12.82%
EPS(NY)3.33
Fwd EY13.89%
FCF(TTM)4.6
FCFY19.24%
OCF(TTM)6.23
OCFY26.02%
SpS13.99
BVpS30.25
TBVpS19.06
PEG (NY)1.73
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.99% | ||
| ROE | 10.14% | ||
| ROCE | 9.1% | ||
| ROIC | 7.38% | ||
| ROICexc | 7.42% | ||
| ROICexgc | 9.22% | ||
| OM | 37.52% | ||
| PM (TTM) | 21.92% | ||
| GM | 43.24% | ||
| FCFM | 32.92% |
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-Score4
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 4.91 | ||
| Debt/EBITDA | 3.03 | ||
| Cap/Depr | 100.43% | ||
| Cap/Sales | 11.6% | ||
| Interest Coverage | 5.14 | ||
| Cash Conversion | 90.72% | ||
| Profit Quality | 150.2% | ||
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 0.85 |
F-Score4
WACC7.82%
ROIC/WACC0.94
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)-1.29%
EPS 3Y14.66%
EPS 5Y-0.52%
EPS Q2Q%9.59%
EPS Next Y4.51%
EPS Next 2Y5.29%
EPS Next 3Y6.23%
EPS Next 5Y6.9%
Revenue 1Y (TTM)-2.89%
Revenue growth 3Y-5.05%
Revenue growth 5Y0.42%
Sales Q2Q%48.18%
Revenue Next Year9.26%
Revenue Next 2Y4.85%
Revenue Next 3Y3.17%
Revenue Next 5Y1.73%
EBIT growth 1Y23.19%
EBIT growth 3Y3.82%
EBIT growth 5Y6.33%
EBIT Next Year36.53%
EBIT Next 3Y13.23%
EBIT Next 5Y10.01%
FCF growth 1Y23.33%
FCF growth 3Y4.28%
FCF growth 5Y20.56%
OCF growth 1Y32.43%
OCF growth 3Y6.64%
OCF growth 5Y4.89%