Historical Valuation
Hess Midstream LP (HESM) is now in the Fair zone, suggesting that its current forward PE ratio of 12.26 is considered Fairly compared with the five-year average of 12.43. The fair price of Hess Midstream LP (HESM) is between 32.51 to 39.39 according to relative valuation methord.
Relative Value
Fair Zone
32.51-39.39
Current Price：33.96
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Hess Midstream LP (HESM) has a current Price-to-Book (P/B) ratio of 7.83. Compared to its 3-year average P/B ratio of 6.74 , the current P/B ratio is approximately 16.25% higher. Relative to its 5-year average P/B ratio of 5.78, the current P/B ratio is about 35.36% higher. Hess Midstream LP (HESM) has a Forward Free Cash Flow (FCF) yield of approximately 15.90%. Compared to its 3-year average FCF yield of 24.28%, the current FCF yield is approximately -34.53% lower. Relative to its 5-year average FCF yield of 39.96% , the current FCF yield is about -60.22% lower.
P/B
Median3y
6.74
Median5y
5.78
FCF Yield
Median3y
24.28
Median5y
39.96
Competitors Valuation Multiple
AI Analysis for HESM
The average P/S ratio for HESM competitors is 1.81, providing a benchmark for relative valuation. Hess Midstream LP Corp (HESM.N) exhibits a P/S ratio of 2.72, which is 50.29% above the industry average. Given its robust revenue growth of 11.20%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for HESM
1Y
3Y
5Y
Market capitalization of HESM increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of HESM in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is HESM currently overvalued or undervalued?
Hess Midstream LP (HESM) is now in the Fair zone, suggesting that its current forward PE ratio of 12.26 is considered Fairly compared with the five-year average of 12.43. The fair price of Hess Midstream LP (HESM) is between 32.51 to 39.39 according to relative valuation methord.
What is Hess Midstream LP (HESM) fair value?
HESM'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. The fair price of Hess Midstream LP (HESM) is between 32.51 to 39.39 according to relative valuation methord.
How does HESM's valuation metrics compare to the industry average?
The average P/S ratio for HESM's competitors is 1.81, providing a benchmark for relative valuation. Hess Midstream LP Corp (HESM) exhibits a P/S ratio of 2.72, which is 50.29% above the industry average. Given its robust revenue growth of 11.20%, this premium appears unsustainable.
What is the current P/B ratio for Hess Midstream LP (HESM) as of Jan 10 2026?
As of Jan 10 2026, Hess Midstream LP (HESM) has a P/B ratio of 7.83. This indicates that the market values HESM at 7.83 times its book value.
What is the current FCF Yield for Hess Midstream LP (HESM) as of Jan 10 2026?
As of Jan 10 2026, Hess Midstream LP (HESM) has a FCF Yield of 15.90%. This means that for every dollar of Hess Midstream LP’s market capitalization, the company generates 15.90 cents in free cash flow.
What is the current Forward P/E ratio for Hess Midstream LP (HESM) as of Jan 10 2026?
As of Jan 10 2026, Hess Midstream LP (HESM) has a Forward P/E ratio of 12.26. This means the market is willing to pay $12.26 for every dollar of Hess Midstream LP’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Hess Midstream LP (HESM) as of Jan 10 2026?
As of Jan 10 2026, Hess Midstream LP (HESM) has a Forward P/S ratio of 2.72. This means the market is valuing HESM at $2.72 for every dollar of expected revenue over the next 12 months.