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Targa ResourcesMEX:TRGP 69 EV-to-EBIT is 19.72 as of Aug. 04, 2026, which is 8% below its 10-year median of 21.42. GuruFocus rates MEX:TRGP with a GF Score™ of 69/100 and a GF Value™ of MXN2,461.88. The stock has 8 warning signs investors should review. Among 693 Oil & Gas companies, Targa Resources ranks worse than 77.2% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Targa Resources's Enterprise Value for the quarter that ended in Mar. 2026 was MXN1,156,188 Mil.
Targa Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN66,651 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Targa Resources EV-to-EBIT Related Terms
Targa Resources EV-to-EBIT Historical Data
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The historical data trend for Targa Resources's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Targa Resources's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Targa Resources EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Targa Resources's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Targa Resources's EV-to-EBIT falls into.
Targa Resources's current Enterprise Value is MXN1,314,675 Mil.
Targa Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN66,651 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Targa Resources (MEX:TRGP) has a EV-to-EBIT of 19.72 as of Aug. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Targa Resources and its competitors. This is near median its historical median of 21.42. Over the past decade, Targa Resources' EV-to-EBIT has ranged from 11.17 to 69.97. According to the industry distribution chart, Targa Resources ranks #535 out of 693 companies in the Oil & Gas industry, placing it in the top 77.2%.
Is Targa Resources' EV-to-EBIT too high?
Targa Resources' current EV-to-EBIT of 19.72 is near median its 10-year median of 21.42. Over the past 10 years, this metric has ranged from a low of 11.17 to a high of 69.97. The Oil & Gas industry median EV-to-EBIT is 11.83. Targa Resources' value of 19.72 is 66.7% above this industry median. Based on the distribution chart, Targa Resources ranks #535 out of 693 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Targa Resources has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' EV-to-EBIT compare to MPLX and OKE?
According to the Oil & Gas industry distribution chart, Targa Resources ranks #535 out of 693 companies for EV-to-EBIT. This places Targa Resources in the lower half of its industry. The industry median EV-to-EBIT is 11.83. Targa Resources' value of 19.72 is 66.7% above this benchmark. Historically, Targa Resources' own EV-to-EBIT has ranged from 11.17 to 69.97 over the past decade. While the company's 10-year median is 21.42 vs. the industry median of 11.83, Targa Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.83, based on 693 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Targa Resources's current EV-to-EBIT of 19.72 is 66.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Targa Resources and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Targa Resources's current EV-to-EBIT is 19.72, which is near median its own 10-year median of 21.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targa Resources stock overvalued right now?
Targa Resources (MEX:TRGP) has a current EV-to-EBIT of 19.72. The stock's GF Value™ is MXN2,461.88, compared to a current price of MXN3,775.00 — trading 53.3% above its estimated fair value. The current EV-to-EBIT is 19.72, which is near median its 10-year median of 21.42 and 66.7% above the Oil & Gas industry median of 11.83. Targa Resources' overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current EV-to-EBIT is 19.72 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Targa Resources (MEX:TRGP) Overvalued in 2026?
Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued.
The current stock price of MXN3,775.00 is trading 53.3% above its estimated GF Value™ of MXN2,461.88.
Key valuation signals for MEX:TRGP:
EV-to-EBIT: 19.72 (near median its 10-year median of 21.42)
GF Value™: MXN2,461.88 vs. price of MXN3,775.00 (53.3% above fair value)
Industry Position: 66.7% above the Oil & Gas median (#535 of 693)
No single metric tells the full story. See the MEX:TRGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
69GF Score
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