GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hess Midstream LP (NYSE:HESM) » Definitions » Peter Lynch Fair Value

Hess Midstream LP (Hess Midstream LP) Peter Lynch Fair Value : $33.88 (As of Apr. 26, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Hess Midstream LP Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Hess Midstream LP's PEG is 1. Hess Midstream LP's 5-Year TTM EBITDA Growth Rate is 16.21. Hess Midstream LP's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.09. Therefore, the Peter Lynch Fair Value for today is $33.88.

As of today (2024-04-26), Hess Midstream LP's share price is $34.86. Hess Midstream LP's Peter Lynch fair value is $33.88. Therefore, Hess Midstream LP's Price to Peter Lynch Fair Value Ratio for today is 1.03.


The historical rank and industry rank for Hess Midstream LP's Peter Lynch Fair Value or its related term are showing as below:

HESM' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.59   Med: 0.63   Max: 1.05
Current: 1.03


During the past 12 years, the highest Price to Peter Lynch Fair Value Ratio of Hess Midstream LP was 1.05. The lowest was 0.59. And the median was 0.63.


HESM's Price-to-Peter-Lynch-Fair-Value is ranked worse than
70.9% of 244 companies
in the Oil & Gas industry
Industry Median: 0.55 vs HESM: 1.03

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Hess Midstream LP Peter Lynch Fair Value Historical Data

The historical data trend for Hess Midstream LP's Peter Lynch Fair Value 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.

Hess Midstream LP Peter Lynch Fair Value Chart

Hess Midstream LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.50 32.90 44.00 50.25 33.88

Hess Midstream LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Peter Lynch Fair Value 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 49.75 49.75 48.29 33.88 -

Competitive Comparison of Hess Midstream LP's Peter Lynch Fair Value

For the Oil & Gas Midstream subindustry, Hess Midstream LP's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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.


Hess Midstream LP's Price-to-Peter-Lynch-Fair-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hess Midstream LP's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Hess Midstream LP's Price-to-Peter-Lynch-Fair-Value falls into.



Hess Midstream LP Peter Lynch Fair Value Calculation

Hess Midstream LP's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 16.21 *2.09
=33.88

Hess Midstream LP's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.09.


* 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.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Hess Midstream LP  (NYSE:HESM) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 16.21 instead of 15 in this case.

Hess Midstream LP's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=34.86/33.88
=1.03

* 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.


Hess Midstream LP Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of Hess Midstream LP's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Hess Midstream LP (Hess Midstream LP) Business Description

Traded in Other Exchanges
N/A
Address
1501 McKinney Street, Houston, TX, USA, 77010
Hess Midstream LP owns, operates, develops, and acquires a diverse set of midstream assets and provides fee-based services to Hess and third-party customers. It conducts its business through three operating segments: gathering, processing and storage, and terminaling and exporting. The company derives the maximum revenue from the gathering segment. Its gathering segment consists of the following assets namely Natural Gas Gathering and Compression; Crude Oil Gathering and Produced Water Gathering and Disposal.
Executives
Global Infrastructure Investors Ii, Llc director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 12 E. 49TH STREET, NEW YORK NY 10017
Hess Corp director, 10 percent owner 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jonathan C. Stein officer: Chief Financial Officer HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A. Gatling officer: President and COO HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Geurt G Schoonman director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
James K Lee director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gip Ii Blue Holding, L.p. director, 10 percent owner C/O GLOBAL INFRASTRUCTURE MANAGEMENT LLC, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Letwin Stephen J J director HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John B Hess director, officer: Chairman and CEO C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Global Infrastructure Gp Ii, L.p. director, 10 percent owner 12 EAST 49TH STREET, 38TH FLOOR, NEW YORK NY 10017
J Patrick Reddy director
Hess Infrastructure Partners Gp Llc director, 10 percent owner 1501 MCKINNEY STREET, HOUSTON TX 77010
Hess Midstream Gp Llc director, 10 percent owner 1501 MCKINNEY STREET, HOUSTON TX 77010
Hess Midstream Gp Lp director, 10 percent owner 1501 MCKINNEY STREET, HOUSTON TX 77010
Gip Blue Holding Gp, Llc director, 10 percent owner 12 EAST 49TH STREET, 38TH FLOOR, NEW YORK NY 10017

Hess Midstream LP (Hess Midstream LP) Headlines