AM Relative Valuation
AM's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, AM is overvalued; if below, it's undervalued.
Historical Valuation
Antero Midstream Corp (AM) is now in the Fair zone, suggesting that its current forward PE ratio of 16.41 is considered Fairly compared with the five-year average of 14.66. The fair price of Antero Midstream Corp (AM) is between 15.92 to 18.93 according to relative valuation methord.
Relative Value
Fair Zone
15.92-18.93
Current Price：18.22
Fair
16.41
PE
1Y
3Y
5Y
Trailing
Forward
10.08
EV/EBITDA
Antero Midstream Corp. (AM) has a current EV/EBITDA of 10.08. The 5-year average EV/EBITDA is 9.20. The thresholds are as follows: Strongly Undervalued below 7.84, Undervalued between 7.84 and 8.52, Fairly Valued between 9.88 and 8.52, Overvalued between 9.88 and 10.56, and Strongly Overvalued above 10.56. The current Forward EV/EBITDA of 10.08 falls within the Overvalued range.
13.79
EV/EBIT
Antero Midstream Corp. (AM) has a current EV/EBIT of 13.79. The 5-year average EV/EBIT is 12.03. The thresholds are as follows: Strongly Undervalued below 8.99, Undervalued between 8.99 and 10.51, Fairly Valued between 13.55 and 10.51, Overvalued between 13.55 and 15.06, and Strongly Overvalued above 15.06. The current Forward EV/EBIT of 13.79 falls within the Overvalued range.
7.07
PS
Antero Midstream Corp. (AM) has a current PS of 7.07. The 5-year average PS is 5.70. The thresholds are as follows: Strongly Undervalued below 3.91, Undervalued between 3.91 and 4.80, Fairly Valued between 6.59 and 4.80, Overvalued between 6.59 and 7.49, and Strongly Overvalued above 7.49. The current Forward PS of 7.07 falls within the Overvalued range.
8.76
P/OCF
Antero Midstream Corp. (AM) has a current P/OCF of 8.76. The 5-year average P/OCF is 7.36. The thresholds are as follows: Strongly Undervalued below 5.21, Undervalued between 5.21 and 6.29, Fairly Valued between 8.43 and 6.29, Overvalued between 8.43 and 9.50, and Strongly Overvalued above 9.50. The current Forward P/OCF of 8.76 falls within the Overvalued range.
10.91
P/FCF
Antero Midstream Corp. (AM) has a current P/FCF of 10.91. The 5-year average P/FCF is 10.32. The thresholds are as follows: Strongly Undervalued below 7.77, Undervalued between 7.77 and 9.04, Fairly Valued between 11.60 and 9.04, Overvalued between 11.60 and 12.88, and Strongly Overvalued above 12.88. The current Forward P/FCF of 10.91 falls within the Historic Trend Line -Fairly Valued range.
Antero Midstream Corp (AM) has a current Price-to-Book (P/B) ratio of 4.21. Compared to its 3-year average P/B ratio of 3.21 , the current P/B ratio is approximately 31.18% higher. Relative to its 5-year average P/B ratio of 2.74, the current P/B ratio is about 53.75% higher. Antero Midstream Corp (AM) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 7.04%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 8.56% , the current FCF yield is about -100.00% lower.
4.21
P/B
Median3y
3.21
Median5y
2.74
8.80
FCF Yield
Median3y
7.04
Median5y
8.56
Competitors Valuation Multiple
The average P/S ratio for AM's competitors is 1.65, providing a benchmark for relative valuation. Antero Midstream Corp Corp (AM) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 9.25%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of AM increased by 24.16% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 269.87M to 294.82M.
The secondary factor is the P/E Change, contributed 8.47%to the performance.
Overall, the performance of AM in the past 1 year is driven by Revenue Growth. Which is more sustainable.
People Also Watch
FAQ
Is Antero Midstream Corp (AM) currently overvalued or undervalued?
What is Antero Midstream Corp (AM) fair value?
How does AM's valuation metrics compare to the industry average?
What is the current P/B ratio for Antero Midstream Corp (AM) as of Dec 05 2025?
What is the current FCF Yield for Antero Midstream Corp (AM) as of Dec 05 2025?
What is the current Forward P/E ratio for Antero Midstream Corp (AM) as of Dec 05 2025?