PPL.TO · Intrinsic value
Is Pembina Pipeline Corporation (PPL.TO) overvalued or undervalued?
Pembina Pipeline Corporation (PPL.TO) trades at the delayed market price of CA$70.08 a share. That price already implies revenue growth of 8.7% a year for 5 years. TickerWorth's fair value is CA$54.35 a share (priced within our range of CA$29.50 – CA$80.02). We do not call it over- or undervalued from inside our range.
Model by Miraaj Patel · generated from market data · Updated Oct 19, 2026 · How these pages are made
Is PPL.TO fairly valued?
- Fair value
- CA$54.35
- Market price
- CA$70.08
- Downside to fair value
- 22.4%
- Verdict
- Priced within our range of CA$29.50 – CA$80.02
Reverse DCF: Today's price implies revenue growth of 8.7% a year for 5 years; our model assumes 11.9% a year on average over the same horizon.
What is PPL.TO's TickerWorth Score?
Scores lower than almost every company we compare it with
Compared with Energy companies in Canada
Its strongest point: recent price trend has been strong. Its weakest: looks expensive on the numbers.
- Value · 23 of 100
Cheaper than 23% of Energy companies worldwide
- Price vs worth · 29 of 100
- Quality · 54 of 100
More profitable than 54% of Energy companies worldwide
- Financial health · 17 of 100
Financially stronger than 17% of Energy companies worldwide
- Growth · 35 of 100
Growing faster than 35% of Energy companies worldwide
- Momentum · 68 of 100
Outperformed 68% of Energy companies worldwide over the past year
Confidence: High confidence · Scored
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PPL.TO DCF valuation, input by input
TickerWorth's fair value for Pembina Pipeline Corporation (PPL.TO) is CA$54.35 a share, against the delayed market price of CA$70.08 (priced within our range of CA$29.50 – CA$80.02). We do not call it over- or undervalued from inside our range. It is a model estimate, and every input behind it is sourced below. This is an educational model, not a price target or a recommendation.
Read the full reasoning
One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values PPL.TO at about C$80.02 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.
The valuation discounts Pembina Pipeline Corporation's projected free cash flows at a weighted-average cost of capital (WACC) of 8.0%, with a long-run terminal growth rate of 2.5%. About 79% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 8.7% annual revenue growth for PPL.TO. Our base case instead compounds to about 11.9% a year over the same forecast, so the market is pricing in slower growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, PPL.TO's modeled DCF value ranges from about C$49.44 to C$160.98 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Pembina Pipeline Corporation would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of PPL.TO's intrinsic value. Figures update as new filings and prices come in.
Every input behind PPL.TO's DCF
| Input | Value |
|---|---|
| Base-year revenueLive feed — totalRevenue (TTM) | C$7,962,000,000 |
| Base EBIT marginComputed — trailing operatingMargins, held roughly flat | 34.0% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 20% → 16% → 12% → 8% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.3% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 0.75 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesLive feed — sharesOutstanding | 582M |
| Market priceLast known price · as of 2026-10-19 20:12 UTC | C$70.08 |
Change PPL.TO's assumptions
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What does Pembina Pipeline Corporation do?
What does it do?
Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. It operates in the Oil & Gas Midstream industry (Energy sector), headquartered in Canada. The company employs roughly 2,974 people.
How does it make money?
The business turns $8.0B in annual revenue into profit. Out of every $100 of sales, about $34 is left as operating profit (operating margin of 34.0%), after a 39% gross margin on the products/services it sells. After all costs, taxes and interest, 22.4% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks stretched: carries modest debt (0.8× equity), may struggle to cover its short-term bills (0.6× current ratio), and is currently profitable.
PPL.TO insider trading
Insider filings are available for US-listed companies only.
Common questions
What is PPL.TO's intrinsic value?
TickerWorth's blended fair value for Pembina Pipeline Corporation (PPL.TO) is CA$54.35 per share, versus a market price of CA$70.08 (priced within our range of CA$29.50 – CA$80.02).
Is PPL.TO overvalued or undervalued?
Priced within our range of CA$29.50 – CA$80.02 at CA$70.08. We don't call PPL.TO overvalued or undervalued from a range. This is an educational estimate, not advice.
What discount rate is used for PPL.TO?
A WACC of 8.0% and a terminal growth rate of 2.5%.
Is Pembina Pipeline stock undervalued?
TickerWorth's fair value for Pembina Pipeline Corporation (PPL.TO) is CA$54.35 against a market price of CA$70.08. Our read: Priced within our range of CA$29.50 – CA$80.02. This is a model estimate, not investment advice.
Pembina Pipeline (PPL.TO) DCF valuation and fair value
Our fair value for Pembina Pipeline Corporation (PPL.TO) is CA$54.35, built on a 8.0% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Pembina Pipeline stock?
Today's price implies revenue growth of 8.7% a year for 5 years; our model assumes 11.9% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of CA$70.08. A model estimate, not investment advice.
Pembina Pipeline (PPL.TO) insider trading
We have no recent SEC Form 4 insider filings on file for Pembina Pipeline Corporation (PPL.TO). Form 4 covers US-listed companies only.
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.