Financials EnLink Midstream, LLC

Equities

ENLC

US29336T1007

Oil & Gas Transportation Services

Market Closed - Nyse 16:00:02 2024-04-26 EDT 5-day change 1st Jan Change
13.89 USD +0.80% Intraday chart for EnLink Midstream, LLC +2.21% +14.23%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,989 1,819 3,362 5,782 5,555 6,249 - -
Enterprise Value (EV) 1 7,676 6,373 7,700 10,483 10,096 10,664 10,480 10,196
P/E ratio -2.54 x -4.31 x 138 x 16.6 x 27.6 x 23.7 x 18.4 x 16.9 x
Yield 16.8% 10.1% 5.71% 3.76% 4.17% 3.87% 4.08% 4.54%
Capitalization / Revenue 0.49 x 0.47 x 0.5 x 0.61 x 0.81 x 0.75 x 0.7 x 0.6 x
EV / Revenue 1.27 x 1.64 x 1.15 x 1.1 x 1.46 x 1.27 x 1.17 x 0.97 x
EV / EBITDA 7.11 x 6.14 x 7.33 x 8.16 x 7.48 x 7.87 x 7.35 x 6.88 x
EV / FCF 32.4 x 14.9 x 11.4 x 16.7 x 21 x 18.6 x 15.5 x 14.5 x
FCF Yield 3.09% 6.73% 8.74% 5.98% 4.77% 5.38% 6.45% 6.89%
Price to Book 1.41 x 1.22 x 2.52 x 4.42 x 5.7 x 7.25 x 7.87 x 11.7 x
Nbr of stocks (in thousands) 487,613 490,173 487,958 470,058 456,851 449,896 - -
Reference price 2 6.130 3.710 6.890 12.30 12.16 13.89 13.89 13.89
Announcement Date 20-02-25 21-02-16 22-02-15 23-02-14 24-02-20 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,053 3,894 6,686 9,542 6,900 8,377 8,958 10,467
EBITDA 1 1,080 1,038 1,050 1,285 1,350 1,355 1,426 1,482
EBIT 1 -762.7 368.9 442.2 614.8 692.9 737.3 810.4 821.8
Operating Margin -12.6% 9.47% 6.61% 6.44% 10.04% 8.8% 9.05% 7.85%
Earnings before Tax (EBT) 1 -992.7 -172.4 168.3 405.8 412.8 496.6 600.9 665
Net income 1 -1,119 -421.5 22.4 361.3 206.2 277.7 343.8 354.9
Net margin -18.49% -10.82% 0.34% 3.79% 2.99% 3.32% 3.84% 3.39%
EPS 2 -2.410 -0.8600 0.0500 0.7400 0.4400 0.5863 0.7530 0.8220
Free Cash Flow 1 237 428.9 673.3 627.3 481.3 573.5 676 702
FCF margin 3.92% 11.01% 10.07% 6.57% 6.98% 6.85% 7.55% 6.71%
FCF Conversion (EBITDA) 21.95% 41.3% 64.14% 48.83% 35.65% 42.33% 47.42% 47.38%
FCF Conversion (Net income) - - 3,005.8% 173.62% 233.41% 206.48% 196.66% 197.8%
Dividend per Share 2 1.032 0.3750 0.3938 0.4625 0.5075 0.5369 0.5662 0.6300
Announcement Date 20-02-25 21-02-16 22-02-15 23-02-14 24-02-20 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,788 2,243 2,228 2,601 2,664 2,050 1,768 1,530 1,746 1,856 2,124 2,033 2,161 2,341 2,125
EBITDA 1 256.4 286.4 304.3 299.7 343.4 337.2 323.7 333.6 341.9 350.8 337.4 330.5 333.2 352 352
EBIT 1 99.1 134.8 151.4 155.8 199.3 165.6 163.3 168.3 143.9 183.2 186.1 186.8 182.2 204.5 220.5
Operating Margin 5.54% 6.01% 6.8% 5.99% 7.48% 8.08% 9.24% 11% 8.24% 9.87% 8.76% 9.19% 8.43% 8.73% 10.38%
Earnings before Tax (EBT) 1 36.7 101.6 69.2 122.6 131.8 82.2 105.1 108.9 76.4 122.4 120.3 118 118.2 149.1 162.8
Net income 1 1.9 54.8 35.2 85.3 80.8 160 58.2 54.3 29.5 64.2 69.38 64.71 67.83 87.21 95.52
Net margin 0.11% 2.44% 1.58% 3.28% 3.03% 7.8% 3.29% 3.55% 1.69% 3.46% 3.27% 3.18% 3.14% 3.73% 4.49%
EPS 2 0.003840 0.1100 0.0700 0.1700 0.1700 0.3300 0.1200 0.1200 0.0600 0.1400 0.1388 0.1308 0.1451 0.1857 0.1989
Dividend per Share 2 0.0938 0.1125 0.1125 0.1125 0.1125 0.1250 0.1250 0.1250 0.1250 0.1325 0.1317 0.1319 0.1319 0.1382 0.1368
Announcement Date 21-11-02 22-02-15 22-05-03 22-08-03 22-11-01 23-02-14 23-05-02 23-08-01 23-10-31 24-02-20 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,687 4,554 4,338 4,701 4,540 4,415 4,231 3,947
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.342 x 4.385 x 4.132 x 3.659 x 3.363 x 3.259 x 2.968 x 2.664 x
Free Cash Flow 1 237 429 673 627 481 573 676 702
ROE (net income / shareholders' equity) -58.1% -3.9% 2.25% 27.5% 21.3% 35% 50.8% 87.1%
ROA (Net income/ Total Assets) - - 0.37% - - - - -
Assets 1 - - 6,026 - - - - -
Book Value Per Share 2 4.360 3.050 2.740 2.790 2.130 1.920 1.770 1.190
Cash Flow per Share - 1.490 1.730 - - - - -
Capex 1 755 302 184 422 493 407 444 372
Capex / Sales 12.47% 7.76% 2.75% 4.42% 7.14% 4.86% 4.96% 3.55%
Announcement Date 20-02-25 21-02-16 22-02-15 23-02-14 24-02-20 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
13.89 USD
Average target price
14.75 USD
Spread / Average Target
+6.19%
Consensus
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