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Targa Resources (STU:TAR) EV-to-EBITDA : 10.30 (As of Jun. 09, 2024)


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What is Targa Resources EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Targa Resources's enterprise value is €35,988 Mil. Targa Resources's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €3,493 Mil. Therefore, Targa Resources's EV-to-EBITDA for today is 10.30.

The historical rank and industry rank for Targa Resources's EV-to-EBITDA or its related term are showing as below:

STU:TAR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.64   Med: 12.74   Max: 16.87
Current: 10.36

During the past 13 years, the highest EV-to-EBITDA of Targa Resources was 16.87. The lowest was 7.64. And the median was 12.74.

STU:TAR's EV-to-EBITDA is ranked worse than
74.24% of 792 companies
in the Oil & Gas industry
Industry Median: 6.205 vs STU:TAR: 10.36

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-06-09), Targa Resources's stock price is €108.35. Targa Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was €4.488. Therefore, Targa Resources's PE Ratio for today is 24.14.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Targa Resources EV-to-EBITDA Historical Data

The historical data trend for Targa Resources's EV-to-EBITDA 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.

* Premium members only.

Targa Resources EV-to-EBITDA Chart

Targa Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.29 -53.12 12.72 9.45 8.61

Targa Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.84 8.36 8.75 8.61 10.52

Competitive Comparison of Targa Resources's EV-to-EBITDA

For the Oil & Gas Midstream subindustry, Targa Resources's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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's EV-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Targa Resources's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Targa Resources's EV-to-EBITDA falls into.



Targa Resources EV-to-EBITDA Calculation

Targa Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=35988.122/3493.073
=10.30

Targa Resources's current Enterprise Value is €35,988 Mil.
Targa Resources's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,493 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  (STU:TAR) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Targa Resources's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=108.35/4.488
=24.14

Targa Resources's share price for today is €108.35.
Targa Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.488.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Targa Resources EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Targa Resources's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Targa Resources (STU:TAR) Business Description

Traded in Other Exchanges
Address
811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has 843,000 barrels a day of gross fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline recently entered full service.

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