AlphaMadera's AlphaVal page computes Pembina Pipeline Corporation'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 PBA as undervalued, fairly valued, or overvalued.

What is Pembina Pipeline Corporation's fair value?

Fair value for PBA 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 PBA?

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 PBA's most recent reported fundamentals.

PBA - Pembina Pipeline Corporation

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $38.76 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Moderate

Trading 23.1% above fair value

Current Price $46.15

Bear Case $29.98 35.0% downside ($29.98 - $46.15) / $46.15 = -35.0% $2.47 × 12x P/E

Fair Value $37.48 18.8% downside ($37.48 - $46.15) / $46.15 = -18.8% $2.47 × 15x P/E

Bull Case $44.97 2.6% downside ($44.97 - $46.15) / $46.15 = -2.6% $2.47 × 18x P/E

Adjust Assumptions

P/E Multiple

15.0x

Adjusted EPS

2.47$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 18.7x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $38.76 from 16 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $37.48 per share.

Warnings

⚠ The company's reported profits differ from official accounting profits by 31%. Check what costs are being left out of the adjusted number.

⚠ The company pays out 110% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.

ℹ Financial statements were converted from CAD into USD using USDCAD at 0.7062 USD per CAD.

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