Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA)

FairStock Score: 55/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I look for durable assets and sensible prices. Pembina operates energy transportation and midstream infrastructure: pipelines with 3.0 million barrels of oil equivalent per day of capacity and 10 million barrels of storage. That kind of network is not easily copied, which can give it a moat. The latest reported quarter of 2026-Q2 showed revenue of $2.2B and net income of $512.0M, a 23.79% margin. Free cash flow is $2.1B, an 8.3% FCF yield, and the dividend yield is 4.44%. Financial health is mixed: debt-to-equity is 0.81, ROE 10.47%, but ROCE is only 4.51% and the Altman Z-Score of 0.80 flags balance-sheet risk. Valuation is not compelling to me. At the 2026-10-13 close of $48.60, the FairStock P/E is 23.94, P/B is 2.58, EV/EBITDA is 9.91, and the Graham Number is $36.61, leaving a margin of safety of -32.75%. The PEG ratio is 1.05, so growth is not obviously cheap. The provided Peter Lynch category is none because only 0 years of filed results are available and 3 are needed, which limits historical context. I see a decent business, but the price asks for continued execution.

In plain English: Pembina operates energy transportation and midstream infrastructure, moving and storing oil and gas through pipelines and facilities. In its latest reported quarter of 2026-Q2, it earned $512.0 million on $2.2 billion of revenue, a strong profit margin of 23.79%. At the 2026-10-13 close of $48.60, the price looks above what a conservative value formula suggests based on current earnings and book value, even though the business is profitable and generates cash.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer