Electrification Will Erode Propane Markets While Diversification Will Restore Resilience

AN

AnalystLowTarget

Not Invested

Community Contributor

Published

27 Jul 25

Updated

17 Mar 26

Views

71

17 Mar

CA$7.89

AnalystLowTarget's Fair Value

CA$6.00

31.5% overvalued

1Y

-2.1%

7D

-2.1%

Loading

1Y

-2.1%

7D

-2.1%

Author's Valuation

CA$631.5% overvalued

AnalystLowTarget Fair Value

Shared on 17 Mar 26

Fair value Decreased 15%

SPB: Execution Setbacks And Lower Guidance Will Pressure Future Share Returns

Analysts have reduced their average price targets on Superior Plus by roughly CA$1 per share, citing weaker growth expectations, recent operational setbacks, and a more cautious stance on execution across both business lines. Analyst Commentary Recent Street research on Superior Plus points to a clear reset in expectations, with several bearish analysts cutting price targets and downgrading ratings after operational issues, guidance changes, and softer growth assumptions across both propane and compressed natural gas operations.

3 views

Shared on 17 Feb 26

Fair value Decreased 0.49%

SPB: Higher Discount Rates And Execution Risks Will Pressure Future Returns

Analysts have trimmed their CA$ price target on Superior Plus by a small amount, reflecting slightly higher discount rate assumptions along with modestly adjusted views on revenue growth, profit margins, and future P/E levels. Analyst Commentary Recent research on Superior Plus has taken a more restrained tone, with some price targets adjusted lower as analysts factor in higher discount rates and more conservative assumptions around revenue, margins, and P/E levels.

10 views

Shared on 03 Feb 26

Fair value Increased 6.78%

SPB: Share Buybacks And Mixed Ratings Will Shape Future Risk Balance

Analysts now set their fair value estimate for Superior Plus at about $7.07, up from $6.63, reflecting a mix of reduced Street price targets in the C$9 to C$10 range, an upgrade to Buy at C$8.50, and updated assumptions around revenue growth, margins, discount rate, and future P/E. Analyst Commentary Recent research on Superior Plus reflects a mixed backdrop, with some support around C$8.50 to C$10 and a cluster of more cautious revisions that feed into the trimmed fair value estimate of about $7.07.

4 views

Shared on 14 Dec 25

Fair value Decreased 12%

SPB: Share Buybacks Will Balance Cautious Sentiment And Execution Risks

Analysts have trimmed their average price target on Superior Plus by about C$1.00 per share. This reflects more conservative assumptions for revenue growth and valuation multiples despite relatively stable margin expectations.

14 views

Valuator

Company Info

Notes

AnalystLowTarget Fair Value

CA$6

31.5% overvalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

%

Decrease

Increase

Forecast revenue growth rate

2.90%

Historical revenue growth rate

6.38%

Gas Utilities revenue growth rate

0.13%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.73%

Calculation

US$114.90m

Earnings '29

x

8.64x

PE Ratio '29

=

US$992.96m

Market Cap '29

US$992.96m

Market Cap '29

/

183.06m

No. shares '29

=

US$5.42

Share Price '29

US$5.42 Share Price '29

Discounted to 2026 @ 7.35% p.a.

=

US$4.38

Fair Value '26

US$4.38 Fair Value '26

Converted to CAD @ 1.3680 USD/CAD Exchange Rate

=

CA$5.99

Fair Value '26