Is ET-PI undervalued?

AlphaMadera's AlphaVal page computes Energy Transfer LP's fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag ET-PI as undervalued, fairly valued, or overvalued.

What is Energy Transfer LP's fair value?

Fair value for ET-PI is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value ET-PI?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from ET-PI's most recent reported fundamentals.

ET-PI - Energy Transfer LP

Price: -- --

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong

Trading 50.6% below fair value

Current Price $11.56

Bear Case $18.71 61.8% upside ($18.71 - $11.56) / $11.56 = 61.8% $1.56 × 12x P/E

Fair Value $23.38 102.3% upside ($23.38 - $11.56) / $11.56 = 102.3% $1.56 × 15x P/E

Bull Case $28.06 142.7% upside ($28.06 - $11.56) / $11.56 = 142.7% $1.56 × 18x P/E

Adjust Assumptions

P/E Multiple

15.0x

Adjusted EPS

1.56$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 7.4x

Plain-Language Summary

Applying a 15x P/E to adjusted EPS of $1.56, the base-case value is $23.38 per share.

Key Risks

Growth DCF inappropriate — terminal value assumptions dominate
EV/EBITDA misleading for regulated businesses where capex is mandated
Regulatory risk is a fat tail not visible in normal multiples