MAGELLAN MIDSTREAM P

MMP
Delayed Quote. Delayed  - 10/04 04:00:01 pm
48.9USD +2.52%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 9 91210 156
Enterprise Value (EV)1 14 99915 152
P/E ratio 10,4x10,7x
Yield 8,89%8,51%
Capitalization / Revenue 3,63x3,39x
EV / Revenue 5,49x5,05x
EV / EBITDA 10,6x10,8x
Price to Book 5,59x6,94x
Nbr of stocks (in thousands) 213 445207 684
Reference price (USD) 46,448,9
Announcement Date 02/02/2022-
Previous period Next period
1 USD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 2 7332 999
EBITDA1 1 4191 398
Operating profit (EBIT)1 1 1061 092
Operating Margin 40,5%36,4%
Pre-Tax Profit (EBT)1 935875
Net income1 982949
Net margin 35,9%31,7%
EPS2 4,474,55
Dividend per Share2 4,134,16
Announcement Date 02/02/2022-
Previous period Next period
1 USD in Million
2 USD
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 5 0874 996
Net Cash position1 --
Leverage (Debt / EBITDA) 3,59x3,57x
Free Cash Flow1 9701 115
ROE (Net Profit / Equities) 46,7%57,5%
Shareholders' equity1 2 1021 651
ROA (Net Profit / Asset) 12,1%13,6%
Assets1 8 1136 981
Book Value Per Share2 8,317,05
Cash Flow per Share2 5,444,94
Capex1 151189
Capex / Sales 5,51%6,32%
Announcement Date 02/02/2022-
Previous period Next period
1 USD in Million
2 USD
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 10 156 M $ -
Enterprise Value (EV) 15 152 M $ 15 278 M $
Valuation 2022e 2023e
P/E ratio (Price / EPS) 10,7x 10,1x
Capitalization / Revenue 3,39x 3,28x
EV / Revenue 5,05x 4,90x
EV / EBITDA 10,8x 10,2x
Yield (DPS / Price) 8,51% 8,62%
Price to book (Price / BVPS) 6,94x 7,85x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 36,4% 39,0%
Operating Leverage (Delta EBIT / Delta Sales) - 3,37x
Net Margin (Net Profit / Revenue) 31,7% 31,6%
ROA (Net Profit / Asset) 13,6% 11,9%
ROE (Net Profit / Equities) 57,5% 57,8%
Rate of Dividend 91,4% 86,8%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   6,32% 6,42%
Cash Flow / CA 34,2% 43,1%
Capital Intensity (Assets / Revenue) 2,33x 2,65x
Financial Leverage (Net Debt / EBITDA) 3,57x 3,44x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend