Company Valuation: MPLX LP

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30,178 32,946 36,765 48,760 54,281 58,256 - -
Change - 9.17% 11.59% 32.63% 11.32% 7.32% - -
Enterprise Value (EV) 1 48,736 52,504 56,148 68,189 77,797 83,534 84,433 85,280
Change - 7.73% 6.94% 21.45% 14.09% 7.38% 1.08% 1%
P/E 10.3x 8.76x 9.66x 11.4x 11.1x 13.4x 11.9x 11.1x
PBR 2.57x 2.67x 2.9x 3.59x 3.79x 4.06x 4x 3.96x
PEG - 0.3x 7.25x 1.1x 0.8x -1.2x 1x 1.57x
Capitalization / Revenue 3.01x 2.84x 3.26x 4.09x 4.18x 4.44x 4.14x 3.89x
EV / Revenue 4.86x 4.52x 4.98x 5.71x 5.99x 6.37x 6x 5.7x
EV / EBITDA 8.77x 9.09x 8.96x 10.1x 11.1x 11.5x 10.8x 10.3x
EV / EBIT 12.2x 10.7x 11.5x 12.9x 13.1x 15x 13.8x 13.3x
EV / FCF 11.1x 12.5x 13.6x 17.3x 75.3x 28.2x 19.7x 17.1x
FCF Yield 9.03% 8.02% 7.36% 5.78% 1.33% 3.55% 5.07% 5.84%
Dividend per Share 2 3.36 2.96 3.25 3.613 4.066 4.549 5.13 5.527
Rate of return 11.4% 9.01% 8.85% 7.55% 7.62% 7.92% 8.93% 9.62%
EPS 2 2.86 3.75 3.8 4.21 4.82 4.299 4.83 5.172
Distribution rate 117% 78.9% 85.5% 85.8% 84.4% 106% 106% 107%
Net sales 1 10,027 11,613 11,281 11,933 12,998 13,118 14,071 14,959
EBITDA 1 5,560 5,775 6,269 6,764 7,017 7,269 7,833 8,284
EBIT 1 3,992 4,911 4,900 5,288 5,943 5,577 6,103 6,419
Net income 1 2,936 3,815 3,829 4,290 4,912 4,436 4,978 5,337
Net Debt 1 18,558 19,558 19,383 19,429 23,516 25,278 26,177 27,024
Reference price 2 29.59 32.84 36.72 47.86 53.37 57.46 57.46 57.46
Nbr of stocks (in thousands) 1,019,864 1,003,243 1,001,217 1,018,812 1,017,065 1,013,858 - -
Announcement Date 2/2/22 31/1/23 30/1/24 4/2/25 3/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.37x6.37x11.49x7.92% 58.26B
24.19x3.25x13.04x5.76% 105B
29.3x9.9x14.35x2.9% 89.05B
11.88x1.74x10.05x6.26% 77.29B
21.46x5.81x11.73x3.57% 74.26B
11.7x1.12x7.18x6.76% 69.73B
23.54x9.48x12.72x4.02% 63.58B
25.71x4.35x13.82x1.71% 62.38B
35.75x3.48x9.51x0.83% 57.77B
13.47x3.89x10.91x5.35% 30.14B
Average 21.04x 4.94x 11.48x 4.51% 68.78B
Weighted average by Cap. 21.57x 4.99x 11.66x 4.53%

Y-o-Y evolution of P/E

Valuation ratios - P/E - MPLX LP

Historical PBR trend

Valuation ratios - PBR - MPLX LP

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - MPLX LP

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - MPLX LP


Year-on-year evolution of the Yield

Valuation ratios - Yield - MPLX LP