GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enable Midstream Partners LP (NYSE:ENBL) » Definitions » Intrinsic Value: Projected FCF

Enable Midstream Partners LP (Enable Midstream Partners LP) Intrinsic Value: Projected FCF : $19.76 (As of Apr. 26, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Enable Midstream Partners LP 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 (2024-04-26), Enable Midstream Partners LP's Intrinsic Value: Projected FCF is $19.76. The stock price of Enable Midstream Partners LP is $7.05. Therefore, Enable Midstream Partners LP's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.

The historical rank and industry rank for Enable Midstream Partners LP's Intrinsic Value: Projected FCF or its related term are showing as below:

ENBL' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.19   Med: 0.57   Max: 1.06
Current: 0.36

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Enable Midstream Partners LP was 1.06. The lowest was 0.19. And the median was 0.57.

ENBL's Price-to-Projected-FCF is not ranked
in the Oil & Gas industry.
Industry Median: 0.85 vs ENBL: 0.36

Enable Midstream Partners LP Intrinsic Value: Projected FCF Historical Data

The historical data trend for Enable Midstream Partners LP'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.

Enable Midstream Partners LP Intrinsic Value: Projected FCF Chart

Enable Midstream Partners LP 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 - - 16.99 17.63 19.10

Enable Midstream Partners LP 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 18.79 19.10 17.73 20.61 19.76

Competitive Comparison of Enable Midstream Partners LP's Intrinsic Value: Projected FCF

For the Oil & Gas Midstream subindustry, Enable Midstream Partners LP'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.


Enable Midstream Partners LP's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Enable Midstream Partners LP's Price-to-Projected-FCF falls into.



Enable Midstream Partners LP 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 Enable Midstream Partners LP's Free Cash Flow(6 year avg) = $401.12.

Enable Midstream Partners LP'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*401.12+7208*0.8)/485.000
=19.76

* 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.


Enable Midstream Partners LP  (NYSE:ENBL) 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.

Enable Midstream Partners LP's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=7.05/19.763306045718
=0.36

* 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.


Enable Midstream Partners LP Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Enable Midstream Partners LP's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Enable Midstream Partners LP (Enable Midstream Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
499 West Sheridan Avenue, Suite 1500, Oklahoma City, OK, USA, 73102
Enable Midstream Partners LP is a US-based company which owns, operates and develops strategically located natural gas and crude oil infrastructure assets. The company's emerging production areas in the United States include several shale resource plays and local and regional end-user markets in the United States. The company's assets and operations are organized into two business segments, Gathering and Processing, which provides natural gas gathering, processing and fractionation services and crude oil gathering for its producer customers, and Transportation and Storage, which provides interstate and intrastate natural gas pipeline transportation and storage service to natural gas producers, utilities and industrial customers.
Executives
Sarah R. Stafford director C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
Charles B Walworth director C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
Luke R Corbett director P O BOX 321, OKLAHOMA CITY OK 73101
Monica Karuturi director 1111 LOUISIANA STREET #4600, HOUSTON TX 77002
Robert G Gwin director 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
R A Walker director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Kristie Colvin director 1111 LOUISIANA, HOUSTON TX 77002
Sean Trauschke director P.O. BOX 321, OKLAHOMA CITY OK 73101
Thomas L Levescy officer: Chief Accounting Officer ONE LEADERSHIP SQUARE 211 NORTH ROBINSON AVENUE SUITE 950 OKLAHOMA CITY OK 73102
Tina Veronica Faraca officer: Chief Commercial Officer 101 BIG TRAIL CIRCLE MISSOURI CITY TX 77459
Deanna Farmer officer: Chief Admistrative Officer ONE LEADERSHIP SQUARE 211 N. ROBINSON AVE., SUITE 950 OKLAHOMA CITY OK 73102
John Paul Laws officer: Chief Financial Officer ONE LEADERSHIP SQUARE SUITE 150 211 NORTH ROBINSON AVENUE OKLAHOMA CITY OK 73102
Mark C Schroeder officer: General Counsel ONE LEADERSHIP SQUARE 211 NORTH ROBINSON AVENUE, SUITE 950 OKLAHOMA CITY OK 73102
Rodney Sailor director, officer: Chief Executive Officer ONE WILLIAMS CENTER, TULSA OK 74172
Somerhalder John W Ii director 76 SOUTH MAIN STREET, AKRON OH 44308

Enable Midstream Partners LP (Enable Midstream Partners LP) Headlines