(TPL) Texas Pacific Land Trust - Ratings and Ratios
Land, Water, Oil, Gas, Royalty
TPL EPS (Earnings per Share)
TPL Revenue
Description: TPL Texas Pacific Land Trust
Texas Pacific Land Trust (TPL) is a land and resource management company with a significant presence in the Permian Basin. The company operates through two main segments: Land and Resource Management, and Water Services and Operations. The Land and Resource Management segment manages a vast acreage of land, generating revenue through easements, leasing, and sales of materials and land. The Water Services and Operations segment provides comprehensive water services to operators in the Permian Basin, including sourcing, treatment, and disposal solutions.
TPLs unique value proposition lies in its extensive land ownership and royalty interests in the Permian Basin, a highly productive oil and gas region. The company owns a significant non-participating perpetual oil and gas royalty interest (NPRI) under approximately 472,000 acres of land, translating to around 207,000 net royalty acres. This positions TPL to benefit from the continued development of the Permian Basin, with a diversified revenue stream from royalties, easements, and water services.
From a financial perspective, TPL has demonstrated strong profitability, with a Return on Equity (RoE) of 40.04%. The companys Market Capitalization stands at approximately $22.7 billion, with a Forward Price-to-Earnings (P/E) ratio of 37.74. Key Performance Indicators (KPIs) to monitor include revenue growth, royalty acreage expansion, and water services utilization rates. Additionally, the companys ability to maintain a strong balance sheet and generate cash flows will be crucial in supporting its operations and future growth initiatives.
In terms of growth prospects, TPL is well-positioned to benefit from the ongoing development of the Permian Basin, driven by the increasing demand for oil and gas production. The companys water services segment is also expected to play a critical role in supporting the basins operators, providing a potential source of long-term growth. As the energy landscape continues to evolve, TPLs diversified revenue stream and strong financial position make it an attractive investment opportunity for those looking to tap into the Permian Basins potential.
TPL Stock Overview
| Market Cap in USD | 21,661m |
| Sub-Industry | Oil & Gas Exploration & Production |
| IPO / Inception | 1987-12-31 |
TPL Stock Ratings
| Growth Rating | 35.2% |
| Fundamental | 73.1% |
| Dividend Rating | 56.9% |
| Return 12m vs S&P 500 | -5.53% |
| Analyst Rating | - |
TPL Dividends
| Dividend Yield 12m | 0.60% |
| Yield on Cost 5y | 4.52% |
| Annual Growth 5y | 15.01% |
| Payout Consistency | 85.9% |
| Payout Ratio | 31.9% |
TPL Growth Ratios
| Growth Correlation 3m | -80.2% |
| Growth Correlation 12m | -30.7% |
| Growth Correlation 5y | 84.2% |
| CAGR 5y | 17.22% |
| CAGR/Max DD 3y | 0.33 |
| CAGR/Mean DD 3y | 0.55 |
| Sharpe Ratio 12m | 1.98 |
| Alpha | 0.31 |
| Beta | 0.155 |
| Volatility | 40.92% |
| Current Volume | 109.6k |
| Average Volume 20d | 108.7k |
| Stop Loss | 902.7 (-3.5%) |
| Signal | 0.57 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (461.7m TTM) > 0 and > 6% of Revenue (6% = 44.6m TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA -25.49pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 82.13% (prev 142.8%; Δ -60.67pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.37 (>3.0%) and CFO 522.8m > Net Income 461.7m (YES >=105%, WARN >=100%) |
| Net Debt (-543.9m) to EBITDA (606.6m) ratio: -0.90 <= 3.0 (WARN <= 3.5) |
| Current Ratio 11.64 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (23.0m) change vs 12m ago -0.00% (target <= -2.0% for YES) |
| Gross Margin 89.59% (prev 91.31%; Δ -1.72pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 54.61% (prev 51.00%; Δ 3.61pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| error: Interest Coverage Ratio cannot be calculated (needs EBITDA TTM and Interest Expense TTM) |
Altman Z'' 21.90
| (A) 0.43 = (Total Current Assets 667.5m - Total Current Liabilities 57.3m) / Total Assets 1.40b |
| (B) 1.01 = Retained Earnings (Balance) 1.42b / Total Assets 1.40b |
| warn (B) unusual magnitude: 1.01 — check mapping/units |
| (C) 0.41 = EBIT TTM 563.7m / Avg Total Assets 1.36b |
| (D) 12.34 = Book Value of Equity 1.43b / Total Liabilities 115.7m |
| Total Rating: 21.90 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.05
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 0.44% = 0.22 |
| 3. FCF Margin 12.63% = 3.16 |
| 4. Debt/Equity 0.09 = 2.50 |
| 5. Debt/Ebitda 0.19 = 2.47 |
| 6. ROIC - WACC (= 31.20)% = 12.50 |
| 7. RoE 39.47% = 2.50 |
| 8. Rev. Trend 59.76% = 4.48 |
| 9. EPS Trend -85.49% = -4.27 |
What is the price of TPL shares?
Over the past week, the price has changed by +3.95%, over one month by +5.07%, over three months by -14.25% and over the past year by +12.16%.
Is Texas Pacific Land Trust a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TPL is around 871.28 USD . This means that TPL is currently overvalued and has a potential downside of -6.88%.
Is TPL a buy, sell or hold?
What are the forecasts/targets for the TPL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 565.1 | -39.6% |
| Analysts Target Price | 565.1 | -39.6% |
| ValueRay Target Price | 957.4 | 2.3% |
Last update: 2025-09-04 04:49
TPL Fundamental Data Overview
CCE Cash And Equivalents = 543.9m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 46.9517
P/E Forward = 37.7358
P/S = 29.1589
P/B = 16.8056
Beta = 1.145
Revenue TTM = 742.9m USD
EBIT TTM = 563.7m USD
EBITDA TTM = 606.6m USD
Long Term Debt = 58.4m USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 57.3m USD (from totalCurrentLiabilities, last quarter)
Debt = 115.7m USD (Calculated: Short Term 57.3m + Long Term 58.4m)
Net Debt = -543.9m USD (from netDebt column, last quarter)
Enterprise Value = 21.23b USD (21.66b + Debt 115.7m - CCE 543.9m)
Interest Coverage Ratio = unknown (Ebit TTM 563.7m / Interest Expense TTM 0.0)
FCF Yield = 0.44% (FCF TTM 93.8m / Enterprise Value 21.23b)
FCF Margin = 12.63% (FCF TTM 93.8m / Revenue TTM 742.9m)
Net Margin = 62.16% (Net Income TTM 461.7m / Revenue TTM 742.9m)
Gross Margin = 89.59% ((Revenue TTM 742.9m - Cost of Revenue TTM 77.3m) / Revenue TTM)
Tobins Q-Ratio = 14.87 (Enterprise Value 21.23b / Book Value Of Equity 1.43b)
Interest Expense / Debt = 7.60% (Interest Expense 8.79m / Debt 115.7m)
Taxrate = 21.57% (124.9m / 578.8m)
NOPAT = 442.1m (EBIT 563.7m * (1 - 21.57%))
Current Ratio = 11.64 (Total Current Assets 667.5m / Total Current Liabilities 57.3m)
Debt / Equity = 0.09 (Debt 115.7m / last Quarter total Stockholder Equity 1.29b)
Debt / EBITDA = 0.19 (Net Debt -543.9m / EBITDA 606.6m)
Debt / FCF = 1.23 (Debt 115.7m / FCF TTM 93.8m)
Total Stockholder Equity = 1.17b (last 4 quarters mean)
RoA = 32.87% (Net Income 461.7m, Total Assets 1.40b )
RoE = 39.47% (Net Income TTM 461.7m / Total Stockholder Equity 1.17b)
RoCE = 45.89% (Ebit 563.7m / (Equity 1.17b + L.T.Debt 58.4m))
RoIC = 37.79% (NOPAT 442.1m / Invested Capital 1.17b)
WACC = 6.59% (E(21.66b)/V(21.78b) * Re(6.59%)) + (D(115.7m)/V(21.78b) * Rd(7.60%) * (1-Tc(0.22)))
Shares Correlation 3-Years: -87.88 | Cagr: -0.06%
Discount Rate = 6.59% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 77.86% ; FCFE base≈225.6m ; Y1≈219.2m ; Y5≈219.6m
Fair Price DCF = 169.9 (DCF Value 3.91b / Shares Outstanding 23.0m; 5y FCF grow -3.95% → 3.0% )
EPS Correlation: -85.49 | EPS CAGR: -35.44% | SUE: -0.36 | # QB: 0
Revenue Correlation: 59.76 | Revenue CAGR: -0.68% | SUE: N/A | # QB: None
Additional Sources for TPL Stock
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