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TRGP$258.01+1.15%
Fair $258.01+0.0%

TRGP

Targa Resources Corp.

Energy / Oil & Gas MidstreamNYSE

$258.01

+2.95 (+1.15%)

Fairly Valued+0.0%Fair Value $258.01Fund rank 26/100 · Data gapFallback financials|
SA 32/D
F-Score: 6/9
High Debt

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $683.9M · quality 39.3/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 61/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

32/100

D

Piotroski

6/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 17Warnings: 1unknown: 17
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. Debt-to-Equity ratio is 5.71, above the 2.0 threshold
Thesis & Journal · TRGPLocal privado en este navegador · Targa Resources Corp.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$55.4B

P/E

26.4x

↑

EV/EBITDA

15.0x

↑

ROE

62.7%

↑

Gross Margin

29.4%

↑

Debt/Equity

5.71

↑
52-Week Range$258
$144$280

TradingView lightweight chart

TRGP price, volumen y niveles de valoración

Último $258.02Periodo +944.6%
Fair value: $258.01

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2009–2025 · 16 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

+5.8%

FCF margin

3.4%

FCF / Net income

0.30x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $17.03B · net income $1.92B · FCF $584.1M

2009-FY → 2025-FY

Gross margin

29.4%— pts

Operating margin

19.6%— pts

Net margin

11.3%— pts

FCF margin

3.4%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Income Statement
Revenue$17.03B$17.03B$16.38B$16.06B$20.93B$16.09B$6.87B$7.40B$9.35B$7.80B$6.69B———————
Net Income$1.92B$1.92B$1.31B$1.35B$1.20B$71.2M$-1.55B$-209.2M$1.6M$54.0M$-187.3M$58.3M$102.3M$65.1M$38.1M$30.7M$-15.0M$29.3M
EBITDA$4.85B$4.85B$4.13B$3.96B$3.21B$1.74B$-438.6M$1.16B$1.05B$687.1M$813.5M$803.8M$991.5M$640.1M$533.9M$532.1M$381.6M$387.5M
EPS8.638.635.873.663.88-0.07-7.26-1.44-0.53-0.31-1.801.092.431.550.910.74-30.940.00
Gross Margin29.4%29.4%26.0%25.2%14.1%——34.5%24.0%24.5%26.4%———————
Operating Margin19.6%19.6%16.5%16.4%8.3%5.4%-19.0%2.6%2.5%-1.6%0.8%———————
Net Margin11.3%11.3%8.0%8.4%5.7%0.4%-22.6%-2.8%0.0%0.7%-2.8%———————
Balance Sheet
Debt/Equity5.715.715.504.754.343.282.921.590.930.760.883.9116.9920.0917.189.9110.64—
Current Ratio0.720.72————————————————
Cash Flow
Free Cash Flow$584.1M$584.1M$683.9M$826.2M$1.05B$1.80B$792.9M$-1.49B$-1.97B$-358.0M$275.3M——$-630.9M$-154.5M$47.4M$65.9M$236.4M
Returns
ROE62.7%62.7%50.6%49.1%44.8%3.5%-58.6%-4.3%0.0%0.9%-3.6%4.0%60.2%43.8%26.4%19.4%-10.4%—
Valuation
P/E26.3526.3531.7023.4418.84—————————————
EV/EBITDA14.9814.9813.248.158.81—————————————
P/B18.0518.0515.647.086.34—————————————
Growth & Yield
Revenue Growth3.9%3.9%2.0%-23.3%—134.1%-7.1%-20.9%19.9%16.6%————————
EPS Growth46.9%46.9%60.5%-5.7%—99.0%-404.2%-171.7%-71.0%82.8%-265.1%-55.1%56.8%70.3%23.0%102.4%——
Dividend Yield1.7%1.7%————————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

38.4%

muy exigente

EPS terminal req.

$22.89

Spread vs growth

8.5%

5Y implied EPS CAGR

26.3%

muy exigente

EPS terminal req.

$27.70

Spread vs growth

20.7%

10Y implied EPS CAGR

17.9%

exigente

EPS terminal req.

$44.61

Spread vs growth

29.1%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +65.0%

Total return

+65.0%

Start / end P/E

26.9x → 29.9x

EPS bridge

5.87 → 8.63

Residual

+5.3%

EPS growth+46.9%
Multiple rerating+11.2%
Dividend+1.7%
Residual / FX / buybacks / cross-term+5.3%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.