TRGP
Targa Resources Corp
Price:  
86.56 
USD
Volume:  
1,204,748.00
United States | Oil, Gas & Consumable Fuels
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TRGP Fair Value

-64.66 %
Upside
As of 2023-12-11, the Fair Value of Targa Resources Corp (TRGP) is 30.59 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 86.56 USD, the upside of Targa Resources Corp is -64.66%.
86.56 USD
Stock Price
30.59 USD
Fair Price
FAIR VALUE CALCULATION

TRGP Fair Value

Peter Lynch's formula is:

TRGP Fair Value
= Earnings Growth Rate x TTM EPS
TRGP Fair Value
= 5.00 x 6.12
TRGP Fair Value
= 30.59

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the TTM EPS is negative, we do not compute Peter Lynch's formula for that stock. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%.

Historical Earnings
2018-12-31 2019-12-31 2020-12-31 2021-12-31 2022-12-31 5Y Avg
Net income 2.00 -209.00 -1,554.00 71.00 1,196.00 -98.80
YoY growth -96.30% -10,550.00% -643.54% 104.57% 1,584.51% -1,920.15%

TRGP Fair Value - Key Data

Market Cap (mil) 19,301.15
P/E 14.15x
Forward P/E 14.68x
EPS 6.12
Avg earnings growth rate -1,920.15%
TTM earnings 1,364.30