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 57,912 - -
Change - 9.17% 11.59% 32.63% 11.32% 6.69% - -
Enterprise Value (EV) 1 48,736 52,504 56,148 68,189 77,797 83,190 84,089 84,935
Change - 7.73% 6.94% 21.45% 14.09% 6.93% 1.08% 1.01%
P/E 10.3x 8.76x 9.66x 11.4x 11.1x 13.3x 11.8x 11.1x
PBR 2.57x 2.67x 2.9x 3.59x 3.79x 4.04x 3.98x 3.93x
PEG - 0.3x 7.25x 1.1x 0.8x -1.2x 1x 1.59x
Capitalization / Revenue 3.01x 2.84x 3.26x 4.09x 4.18x 4.41x 4.11x 3.87x
EV / Revenue 4.86x 4.52x 4.98x 5.71x 5.99x 6.33x 5.97x 5.67x
EV / EBITDA 8.77x 9.09x 8.96x 10.1x 11.1x 11.4x 10.7x 10.3x
EV / EBIT 12.2x 10.7x 11.5x 12.9x 13.1x 14.9x 13.8x 13.2x
EV / FCF 11.1x 12.5x 13.6x 17.3x 75.3x 28.1x 19.7x 17.1x
FCF Yield 9.03% 8.02% 7.36% 5.78% 1.33% 3.56% 5.09% 5.86%
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% 7.96% 8.98% 9.68%
EPS 2 2.86 3.75 3.8 4.21 4.82 4.296 4.824 5.162
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 13,133 14,093 14,983
EBITDA 1 5,560 5,775 6,269 6,764 7,017 7,269 7,836 8,285
EBIT 1 3,992 4,911 4,900 5,288 5,943 5,577 6,109 6,422
Net income 1 2,936 3,815 3,829 4,290 4,912 4,430 4,969 5,320
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 57.12 57.12 57.12
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.($)
13.3x6.33x11.44x7.96% 57.91B
23.82x3.22x12.93x5.84% 104B
27.75x9.53x13.84x3.05% 84.67B
11.81x1.73x10.01x6.3% 76.81B
21.12x5.75x11.6x3.63% 73.08B
11.46x1.11x7.12x6.89% 68.45B
22.87x9.31x12.49x4.14% 62.1B
24.98x4.25x13.52x1.76% 60.59B
35.68x3.48x9.5x0.83% 57.65B
13.47x3.89x10.91x5.23% 30.13B
Average 20.63x 4.86x 11.34x 4.56% 67.58B
Weighted average by Cap. 21.07x 4.87x 11.48x 4.62%

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