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Inter Pipeline (Inter Pipeline) Intrinsic Value: Projected FCF : $5.54 (As of May. 05, 2024)


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What is Inter Pipeline Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-05), Inter Pipeline's Intrinsic Value: Projected FCF is $5.54. The stock price of Inter Pipeline is $15.47. Therefore, Inter Pipeline's Price-to-Intrinsic-Value-Projected-FCF of today is 2.8.

The historical rank and industry rank for Inter Pipeline's Intrinsic Value: Projected FCF or its related term are showing as below:

IPPLF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.82   Med: 3.08   Max: 47.26
Current: 2.79

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Inter Pipeline was 47.26. The lowest was 0.82. And the median was 3.08.

IPPLF's Price-to-Projected-FCF is not ranked
in the Oil & Gas industry.
Industry Median: 0.82 vs IPPLF: 2.79

Inter Pipeline Intrinsic Value: Projected FCF Historical Data

The historical data trend for Inter Pipeline's Intrinsic Value: Projected FCF 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.

Inter Pipeline Intrinsic Value: Projected FCF Chart

Inter Pipeline Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 4.61 4.80 5.88 8.00

Inter Pipeline Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Intrinsic Value: Projected FCF 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 7.73 8.00 8.05 7.93 5.41

Competitive Comparison of Inter Pipeline's Intrinsic Value: Projected FCF

For the Oil & Gas Midstream subindustry, Inter Pipeline's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


Inter Pipeline's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Inter Pipeline's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Inter Pipeline's Price-to-Projected-FCF falls into.



Inter Pipeline Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Inter Pipeline's Free Cash Flow(6 year avg) = $-28.97.

Inter Pipeline's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Sep21)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-28.97424+3237.629*0.8)/429.200
=5.39

* 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.


Inter Pipeline  (OTCPK:IPPLF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Inter Pipeline's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=15.47/5.392027604786
=2.87

* 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.


Inter Pipeline Intrinsic Value: Projected FCF Related Terms

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Inter Pipeline (Inter Pipeline) Business Description

Industry
Traded in Other Exchanges
N/A
Address
215 - 2nd Street SW, Suite 3200, Calgary, AB, CAN, T2P 1M4
Inter Pipeline operates crude oil pipelines, natural gas liquids extraction, and bulk liquid storage businesses in Canada and Europe. The company's oil sands pipelines cover 3,300 kilometers of pipeline and hold the capacity for 4.6 million barrels a day of delivery volumes. Conventional crude pipelines, NGL infrastructure, and 31 million barrels of liquid storage in Europe round out the company's operations.

Inter Pipeline (Inter Pipeline) Headlines

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