Global Partners Valuation

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

GLP ($46.9) is trading below our estimate of [[fair value]] ($73.53)

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

Valuation Score

2/6

Valuation Score 2/6

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 GLP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GLP ($46.9) is trading below our estimate of fair value ($73.53)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for GLP. This is calculated by dividing GLP's market cap by their current preferred multiple.
What is GLP's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$1.59b

GLP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.2x
Enterprise Value/EBITDA	10.3x
PEG Ratio	0.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GLP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	12x
FLNG FLEX LNG	10.9x	10.9%	US$1.3b
SFL SFL	11.2x	3.2%	US$1.4b
DHT DHT Holdings	10.6x	22.9%	US$1.7b
DKL Delek Logistics Partners	15.3x	22.1%	US$2.0b
GLP Global Partners	16.9x	20.0%	US$1.6b

Price-To-Earnings vs Peers: GLP is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (12x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	7.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	7.4%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: GLP is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the US Oil and Gas industry average (10.8x).

Price to Earnings Ratio vs Fair Ratio

What is GLP'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.

GLP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	16.9x
Fair PE Ratio	12.6x

Price-To-Earnings vs Fair Ratio: GLP is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the estimated Fair Price-To-Earnings Ratio (12.6x).

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.