TPL (Texas Pacific Land) Intrinsic Value: Projected FCF: $74.30 (As of Sep. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPL Texas Pacific Land Corp TPL
87 GF Score
Price $374.06
GF Value $405.17
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Texas Pacific Land Intrinsic Value: Projected FCF?

Texas Pacific Land TPL -2.05% 87 Intrinsic Value: Projected FCF is $74.30 as of Sep. 09, 2026. GuruFocus rates TPL with a GF Score™ of 87/100 and a GF Value™ of $405.17 (Fairly Valued). The stock has 2 warning signs investors should review. Among 631 Oil & Gas companies, Texas Pacific Land ranks worse than 94.29% on this metric.

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 (2026-09-09), Texas Pacific Land's Intrinsic Value: Projected FCF is $74.30. The stock price of Texas Pacific Land is $374.06. Therefore, Texas Pacific Land's Price-to-Intrinsic-Value-Projected-FCF of today is 5.0.

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

TPL' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.49   Med: 3.9   Max: 7.13
Current: 5.03

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Texas Pacific Land was 7.13. The lowest was 1.49. And the median was 3.90.

TPL's Price-to-Projected-FCF is ranked worse than
94.29% of 631 companies
in the Oil & Gas industry
Industry Median: 0.87 vs TPL: 5.03

Texas Pacific Land  (NYSE:TPL) 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.

Texas Pacific Land's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=374.06/74.298586335376
=5.03

* 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.


Texas Pacific Land Intrinsic Value: Projected FCF Related Terms


Texas Pacific Land Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Texas Pacific Land'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.

Texas Pacific Land Intrinsic Value: Projected FCF Chart

Texas Pacific Land Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.09 56.06 70.11 69.75 67.37

Texas Pacific Land Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 75.89 80.96 67.37 69.43 74.30

TPL vs EXE, PR, OVV: Intrinsic Value: Projected FCF Comparison

For the Oil & Gas E&P subindustry, Texas Pacific Land'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.


Texas Pacific Land Price-to-Projected-FCF vs Oil & Gas Industry

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

* The bar in red indicates where Texas Pacific Land's Price-to-Projected-FCF falls into.


TPL
87GF Score
Texas Pacific Land Corp TPL
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texas Pacific Land 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 Texas Pacific Land's Free Cash Flow(6 year avg) = $255.09.

Texas Pacific Land'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 (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*255.088+1672.398*0.8)/69.035
=74.30

* 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.

What does a Intrinsic Value: Projected FCF of $74.30 mean?
Texas Pacific Land (TPL) has a Intrinsic Value: Projected FCF of $74.30 as of Sep. 09, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Texas Pacific Land and its competitors. According to the industry distribution chart, Texas Pacific Land ranks #595 out of 631 companies in the Oil & Gas industry, placing it in the top 94.3%.
Is Texas Pacific Land's Intrinsic Value: Projected FCF too high?
Texas Pacific Land's current Intrinsic Value: Projected FCF is $74.30. The Oil & Gas industry median Intrinsic Value: Projected FCF is 0.87. Texas Pacific Land's value of $74.30 is 8440.2% above this industry median. Based on the distribution chart, Texas Pacific Land ranks #595 out of 631 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Texas Pacific Land has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's Intrinsic Value: Projected FCF compare to EXE and PR?
According to the Oil & Gas industry distribution chart, Texas Pacific Land ranks #595 out of 631 companies for Intrinsic Value: Projected FCF. This places Texas Pacific Land in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.87. Texas Pacific Land's value of $74.30 is 8440.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Oil & Gas company?
The median Intrinsic Value: Projected FCF among Oil & Gas companies is 0.87, based on 631 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texas Pacific Land's current Intrinsic Value: Projected FCF of $74.30 is 8440.2% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Texas Pacific Land and its competitors. For the Oil & Gas industry, the median Intrinsic Value: Projected FCF is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Pacific Land's current Intrinsic Value: Projected FCF is $74.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Pacific Land stock overvalued right now?
Based on GuruFocus' analysis, Texas Pacific Land (TPL) is currently considered Fairly Valued. The stock's GF Value™ is $405.17, compared to a current price of $374.06 — trading 7.7% below its estimated fair value. The current Intrinsic Value: Projected FCF is $74.30 and 8440.2% above the Oil & Gas industry median of 0.87. Texas Pacific Land's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current Intrinsic Value: Projected FCF is $74.30 as of Sep. 09, 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 Texas Pacific Land (TPL) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Pacific Land stock appears to be undervalued. The current stock price of $374.06 is trading 7.7% below its estimated GF Value™ of $405.17. GuruFocus considers Texas Pacific Land to be Fairly Valued.

Key valuation signals for TPL:

  • Intrinsic Value: Projected FCF: $74.30
  • GF Value™: $405.17 vs. price of $374.06 (7.7% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 8440.2% above the Oil & Gas median (#595 of 631)

No single metric tells the full story. See the TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texas Pacific Land Business Description

Industry EnergyOil & Gas
Other Exchanges 9WY:Germany
Address 2699 Howell Street, Suite 800, Dallas, TX, USA, 75204
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
87GF Score

Get the complete analysis for TPL

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$374.06
Price
$405.17
GF Value