Overview Dividends

(PBA) Pembina Pipeline - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA7063271034

Pipelines, Storage, Fractionation, NGL, Export

PBA EPS (Earnings per Share)

EPS Growth (3Y CAGR): -51.20%
EPS Trend (3Y Correlation): -13.9%

PBA Revenue

Revenue Growth (3Y CAGR): -14.75%
Revenue Trend (3Y Correlation): -39.8%

Description: PBA Pembina Pipeline October 14, 2025

Pembina Pipeline Corp (NYSE:PBA) is a Calgary-based midstream firm that transports and processes hydrocarbons across North America. It operates through three core segments: Pipelines (conventional, oil-sands and heavy-oil transport), Facilities (storage, fractionation and processing) and Marketing & New Ventures (trading of crude, natural gas and NGLs).

The Pipelines segment moves roughly 3.0 MMboe/d and offers 10 MMbbl of ground storage plus rail terminalling capacity for about 105 kboe/d. The Facilities segment adds 430 k bbl/d of NGL fractionation, 21 MMbbl of cavern storage, and a liquefied propane export terminal. In FY 2023 the company generated $2.5 bn of adjusted EBITDA and maintained a pipeline utilization rate near 85 %, supporting its ability to sustain a dividend yield of roughly 6.5 %.

Key economic drivers include Canadian oil-sands output, U.S. gasoline and heating-oil demand, and the price spread between natural gas and NGLs. Regulatory trends affecting pipeline approvals and carbon-intensity reporting also shape cash-flow visibility, while the firm’s exposure to commodity price swings is mitigated by long-term transportation contracts and diversified marketing activities.

For a deeper quantitative assessment, you may want to explore ValueRay’s detailed valuation models and scenario analyses.

PBA Stock Overview

Market Cap in USD	22,017m
Sub-Industry	Oil & Gas Storage & Transportation
IPO / Inception	2010-10-06

PBA Stock Ratings

Growth Rating	40.9%
Fundamental	60.0%
Dividend Rating	64.4%
Return 12m vs S&P 500	-20.6%
Analyst Rating	4.17 of 5

PBA Dividends

Dividend Yield 12m	5.22%
Yield on Cost 5y	12.37%
Annual Growth 5y	1.51%
Payout Consistency	97.4%
Payout Ratio	69.0%

PBA Growth Ratios

Growth Correlation 3m	76.8%
Growth Correlation 12m	15.6%
Growth Correlation 5y	88.8%
CAGR 5y	11.25%
CAGR/Max DD 3y (Calmar Ratio)	0.63
CAGR/Mean DD 3y (Pain Ratio)	1.64
Sharpe Ratio 12m	0.74
Alpha	-22.40
Beta	0.857
Volatility	19.16%
Current Volume	702.4k
Average Volume 20d	1006.5k
Stop Loss	36.8 (-3.3%)
Signal	-0.72

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (1.87b TTM) > 0 and > 6% of Revenue (6% = 485.6m TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA 1.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -4.98% (prev -9.19%; Δ 4.22pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 3.45b > Net Income 1.87b (YES >=105%, WARN >=100%)

Net Debt (13.16b) to EBITDA (3.98b) ratio: 3.31 <= 3.0 (WARN <= 3.5)

Current Ratio 0.77 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (582.0m) change vs 12m ago 0.17% (target <= -2.0% for YES)

Gross Margin 42.99% (prev 34.21%; Δ 8.78pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 22.78% (prev 22.81%; Δ -0.03pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.95 (EBITDA TTM 3.98b / Interest Expense TTM 608.0m) >= 6 (WARN >= 3)

Altman Z'' 1.15

(A) -0.01 = (Total Current Assets 1.38b - Total Current Liabilities 1.78b) / Total Assets 35.42b

(B) -0.06 = Retained Earnings (Balance) -2.27b / Total Assets 35.42b

(D) 0.82 = Book Value of Equity 15.08b / Total Liabilities 18.39b

Total Rating: 1.15 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 59.96

1. Piotroski 5.0pt = 0.0

2. FCF Yield 5.86% = 2.93

3. FCF Margin 31.81% = 7.50

4. Debt/Equity 0.78 = 2.20

5. Debt/Ebitda 3.31 = -2.14

6. ROIC - WACC (= 1.80)% = 2.25

7. RoE 10.84% = 0.90

8. Rev. Trend -39.84% = -2.99

9. EPS Trend -13.89% = -0.69

What is the price of PBA shares?

As of October 26, 2025, the stock is trading at USD 38.04 with a total of 702,400 shares traded.
Over the past week, the price has changed by +0.37%, over one month by -6.00%, over three months by +3.92% and over the past year by -5.98%.

Is Pembina Pipeline a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Pembina Pipeline is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 59.96 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PBA is around 39.23 USD . This means that PBA is currently overvalued and has a potential downside of 3.13%.

Is PBA a buy, sell or hold?

Pembina Pipeline has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy PBA.

Strong Buy: 8
Buy: 5
Hold: 5
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the PBA price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	36.9	-2.9%
Analysts Target Price	36.9	-2.9%
ValueRay Target Price	43	13.1%

PBA Fundamental Data Overview October 20, 2025

Market Cap CAD = 30.79b (22.02b USD * 1.3984 USD.CAD)
P/E Trailing = 17.9621
P/E Forward = 17.8253
P/S = 2.7307
P/B = 2.1296
P/EG = 2.2288
Beta = 0.857
Revenue TTM = 8.09b CAD
EBIT TTM = 3.01b CAD
EBITDA TTM = 3.98b CAD
Long Term Debt = 12.14b CAD (from longTermDebt, last quarter)
Short Term Debt = 679.0m CAD (from shortTermDebt, last quarter)
Debt = 13.38b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 13.16b CAD (from netDebt column, last quarter)
Enterprise Value = 43.95b CAD (30.79b + Debt 13.38b - CCE 210.0m)
Interest Coverage Ratio = 4.95 (Ebit TTM 3.01b / Interest Expense TTM 608.0m)
FCF Yield = 5.86% (FCF TTM 2.57b / Enterprise Value 43.95b)
FCF Margin = 31.81% (FCF TTM 2.57b / Revenue TTM 8.09b)
Net Margin = 23.16% (Net Income TTM 1.87b / Revenue TTM 8.09b)
Gross Margin = 42.99% ((Revenue TTM 8.09b - Cost of Revenue TTM 4.61b) / Revenue TTM)
Gross Margin QoQ = 43.53% (prev 40.14%)
Tobins Q-Ratio = 1.24 (Enterprise Value 43.95b / Total Assets 35.42b)
Interest Expense / Debt = 1.14% (Interest Expense 152.0m / Debt 13.38b)
Taxrate = 21.76% (116.0m / 533.0m)
NOPAT = 2.35b (EBIT 3.01b * (1 - 21.76%))
Current Ratio = 0.77 (Total Current Assets 1.38b / Total Current Liabilities 1.78b)
Debt / Equity = 0.78 (Debt 13.38b / totalStockholderEquity, last quarter 17.04b)
Debt / EBITDA = 3.31 (Net Debt 13.16b / EBITDA 3.98b)
Debt / FCF = 5.11 (Net Debt 13.16b / FCF TTM 2.57b)
Total Stockholder Equity = 17.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.29% (Net Income 1.87b / Total Assets 35.42b)
RoE = 10.84% (Net Income TTM 1.87b / Total Stockholder Equity 17.29b)
RoCE = 10.23% (EBIT 3.01b / Capital Employed (Equity 17.29b + L.T.Debt 12.14b))
RoIC = 8.47% (NOPAT 2.35b / Invested Capital 27.82b)
WACC = 6.66% (E(30.79b)/V(44.16b) * Re(9.17%) + D(13.38b)/V(44.16b) * Rd(1.14%) * (1-Tc(0.22)))
Discount Rate = 9.17% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 2.87%
[DCF Debug] Terminal Value 74.74% ; FCFE base≈2.38b ; Y1≈2.45b ; Y5≈2.76b
Fair Price DCF = 68.35 (DCF Value 39.71b / Shares Outstanding 580.9m; 5y FCF grow 2.88% → 3.0% )
EPS Correlation: -13.89 | EPS CAGR: -51.20% | SUE: -2.97 | # QB: 0
Revenue Correlation: -39.84 | Revenue CAGR: -14.75% | SUE: -0.29 | # QB: 0

Additional Sources for PBA Stock

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