MPLX vs. Peers

MPLX vs. Peers — At a Glance

Against 5 peers, MPLX scores 65/100 on composite health — within a few points of the group median. On valuation, MPLX trades at a premium to its peers — EV/EBITDA of 14.6x versus a 11.8x peer median.

Composite Health vs. Peers
AM
78
MPC
77
MPLX
65
EPD
60
PAA
58
ET
49
Market Cap?$59.7b
P/E?12.6
ROE?33.7%
Div Yield?7.19%
F-Score?5/9
Health?65/100
Valuation vs. Quality
XY
Fundamentals
MetricMPLXMPCETEPDAMPAAAvg
Profitability
Return on Equity?33.7%44.8%11.9%20.0%20.5%9.6%23.4%
Return on Assets?11.0%9.1%2.8%7.3%6.3%2.9%6.6%
ROIC?19.9%15.3%8.6%13.4%16.3%9.4%13.8%
Earnings Yield?5.27%5.97%6.56%5.97%4.68%5.65%5.68%
Cash ROIC?8.6%23.6%3.1%3.5%8.9%9.5%
Sloan Accrual?-0.022-0.028-0.031-0.035-0.088-0.032-0.039
Leverage & Liquidity
Debt / Equity?1.851.722.011.161.831.181.63
Current Ratio?0.891.251.170.910.840.931.00
Quick Ratio?0.830.890.930.610.840.870.83
Cash Ratio?0.320.280.050.010.030.14
Quality Scores
Piotroski F-Score?5/97/96/96/98/95/96/9
Altman Z-Score?1.903.491.302.011.922.202.14
Beneish M-Score?-2.57-2.72-2.49-3.05-2.87-2.82-2.75
Mohanram G-Score?7/83/84/85/86/84/85/8
Valuation
MetricMPLXMPCETEPDAMPAAAvg
Price Multiples
P/E (TTM)?12.6x9.8x16.9x13.8x25.3x17.4x16.0x
P/S?5.08x0.54x0.75x1.58x7.90x0.36x2.70x
P/B?4.25x4.39x2.01x2.77x5.19x1.68x3.38x
P/CF?10.0x4.9x6.5x10.6x10.5x5.9x8.1x
P/FCF?17.9x6.5x19.2x37.1x13.0x7.6x16.9x
Enterprise Multiples
EV/EBITDA?14.6x6.9x8.8x11.9x14.3x11.8x11.4x
EV/Sales?7.21x0.71x1.49x2.24x10.70x0.60x3.83x
Income
Dividend Yield?7.19%1.39%9.57%5.89%4.32%12.81%6.86%
Price Performance
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About This Comparison

Peer Group is sourced from the related-companies engine, which surfaces tickers that share news coverage and return correlations with the target stock. This catches non-obvious peer relationships that rigid GICS sector classifications often miss.

Composite Health Score is a 0–100 blended quality score combining the Piotroski F-Score (operational quality), Altman Z-zone (solvency), Beneish manipulation safety, Cash ROIC (cash quality), and Mohanram G-Score (growth quality). Weights redistribute when components are missing so the score remains comparable across peers.

Piotroski F-Score is a 9-point screen developed by accounting professor Joseph Piotroski. It evaluates profitability (ROA, operating cash flow, accruals), leverage and liquidity (debt ratio, current ratio, share dilution), and operating efficiency (gross margin, asset turnover). Scores of 7–9 indicate strong fundamentals; 0–3 suggest weakness.

Altman Z-Score is a bankruptcy distress predictor developed by professor Edward Altman. It combines five financial ratios — working capital, retained earnings, EBIT, market capitalization, and revenue — all relative to total assets. Above 2.99 suggests safety; below 1.81 indicates distress. The Z-Score is not applicable to financial-sector companies.

Beneish M-Score is an earnings-manipulation detector built from eight financial ratios covering accruals, margin trends, and asset quality. More negative is cleaner — below −2.22 is a normal range; above −1.78 enters the suspect zone. The model is famous for being able to flag Enron-style accounting issues years in advance.

Mohanram G-Score is an 8-point growth-quality screen designed for high-multiple companies. It tests profitability stability, R&D and capex intensity, and cash-flow consistency against industry peers. Scores of 6–8 indicate the strongest growth-quality foundation.

Sloan Accrual Ratio measures how much of reported earnings come from accruals rather than cash. High positive values are an earnings-quality red flag — accruals tend to revert and reported earnings unsupported by cash flow are less durable. Cash ROIC divides operating cash flow by invested capital — the cash-based version of ROIC, harder to manipulate than the accrual version. Magic Formula Rank is Joel Greenblatt's combined ranking on earnings yield (cheapness) and ROIC (capital efficiency); a lower rank means a better combination of value and quality across the universe.

MPLX LP (MPLX) — vs. Peers