Mulya.ai
Ticker
TRGP
Scenario
Key Inputs
Revenue est.?Analysttaper yr3
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?8.1%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.853
Beta (levered) ?1.073
Terminal OM% ?24.3%
Segment conc. ?66% dominant
Terminal growth ?4.1%
Bond rating ?A- · 1.45%
ROIC option ?Opt 4 · 20.5%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

TRGP · Targa Resources Corp.

$244.392026-05-17
Sector: Energy; Industry: Oil & Gas Midstream; Sub-Industry: Oil & Gas Storage & Transportation

Intrinsic Value Range Comparison · Mulya.ai

Bull
$317
+29.6% vs market
Base · active
$317
+29.6% vs market
Bear
$152
-37.8% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $152
Median $236
Market $244
Base $317
Bull $317
Market Price $244
Mulya.ai Base $317
Analysts Median $236
Mulya.ai IV range ($152 · $317)
Analysts Range ($207 · $266)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$17.4B10.4%3.4%$1.8B$595MM$2.4B6.7%20.8%$8.4B$0.33
2022.Q4$21.7B24.3%11.5%7.9%$2.3B−$3.4B−$1.2B7.9%20.6%$13.8B$5.31
2023.Q4$15.6B-28.0%14.0%18.7%$1.8B−$936MM$842MM7.5%12.2%$15.3B$3.85
2024.Q4$16.6B6.5%17.7%19.8%$2.4B−$1.6B$798MM8.1%14.9%$16.4B$5.90
2025.Q4$17.1B3.1%20.1%21.3%$2.7B−$2.3B$367MM8.0%14.9%$20.1B$8.5815.2
italics below = DCF projection · 10yr Rev CAGR: 8.5%
2026.Q4$20.5B+19.5%20.1%21.2%$3.2B−$3.1B$144MM8.1%$133MM15.0%$23.2B$15.1016.2
2027.Q4$22.6B+10.6%20.9%21.0%$3.7B−$2.2B$1.6B8.2%$1.4B15.4%$25.4B$17.4214.0
2028.Q4$24.9B+9.8%21.8%20.9%$4.3B−$2.4B$1.9B8.2%$1.5B16.1%$27.8B$19.9212.3
2029.Q4$27.1B+9.0%22.6%20.8%$4.9B−$1.4B$3.5B8.3%$2.5B17.1%$29.1B$22.5710.8
2030.Q4$29.3B+8.2%24.3%20.6%$5.6B−$1.4B$4.2B8.3%$2.8B18.9%$30.6B$26.269.3
Term. Yr+$40.3B4.1%24.3%20.0%$7.8B−$1.6B$6.3B8.6%$62.4B20.5%
Active scenario IV: $317 (+29.6% vs market)