Green Plains Partners LP

NasdaqGM:GPP Stock Report

Market Cap: US$286.4m

Green Plains Partners Valuation

Is GPP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GPP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GPP ($12.31) is trading below our estimate of fair value ($28.9)

Significantly Below Fair Value: GPP is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GPP?

Key metric: As GPP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GPP. This is calculated by dividing GPP's market cap by their current earnings.
What is GPP's PE Ratio?
PE Ratio7.6x
EarningsUS$37.52m
Market CapUS$286.39m

Price to Earnings Ratio vs Peers

How does GPP's PE Ratio compare to its peers?

The above table shows the PE ratio for GPP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.8x
GASS StealthGas
3.3x-14.2%US$217.5m
MMLP Martin Midstream Partners
37.3x43.8%US$158.8m
DLNG Dynagas LNG Partners
7.5xn/aUS$156.6m
CAPL CrossAmerica Partners
39.1x-49.5%US$769.3m
GPP Green Plains Partners
7.6xn/aUS$286.4m

Price-To-Earnings vs Peers: GPP is expensive based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (5.3x).

Price to Earnings Ratio vs Industry

How does GPP's PE Ratio compare vs other companies in the US Oil and Gas Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
GPP 7.6xIndustry Avg. 11.6xNo. of Companies18PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GPP is good value based on its Price-To-Earnings Ratio (7.6x) compared to the US Oil and Gas industry average (7.8x).

Price to Earnings Ratio vs Fair Ratio

What is GPP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GPP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GPP's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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