Fair value (multi-method)
Four independent methods triangulate what TRGP is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$1,415.68
Method range
$27.06 – $1,415.68
median $254.58
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $1,415.68 | +397.69% |
| Exit multiple | $226.02 | -20.54% |
| Analyst target | $283.15 | -0.46% |
| Graham number | $27.06 | -90.49% |
- Forward DCF$1,415.68
- Exit multiple$226.02
- Analyst target$283.15
- Graham number$27.06
Stock price
$284.45
EPS (TTM)
$9.82
3Y EPS CAGR
30.0%
Fair value @ hist. growth
$1,415.68
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied EPS growth
8.6%
per year over your projection horizon
Margin of safety 79.9% vs hist-growth DCF
Historical 3Y CAGR
30.0%
Your model implies
8.6%
Next-year analyst consensus
10.3%
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 6.2% | 5.1% | 4.1% | 3.0% | 1.7% | 0.2% |
| 7.2% | 7.7% | 6.9% | 6.0% | 5.0% | 3.9% |
| 8.2% | 10.0% | 9.4% | 8.6% | 7.8% | 6.9% |
| 9.2% | 12.2% | 11.6% | 11.0% | 10.3% | 9.5% |
| 10.2% | 14.2% | 13.7% | 13.1% | 12.6% | 11.9% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
Net debt
$17.4B
Total debt − cash
Beta
0.70
Vs market benchmark
Annual diluted EPS
Per-share earnings by fiscal year — last 3 years anchor the CAGR reference above.
Frequently asked questions
Targa Resources (TRGP) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.