What Is TRGP Fair Value?
Targa Resources (TRGP) fair value estimate using multiple valuation models, updated daily.
As of August 29, 2026, Targa Resources (TRGP) has a composite fair value estimate of $255.76 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $287.82, suggesting the stock is fair value by 11.1%.
Data as of August 29, 2026 (today)
Composite Fair Value
Fair Value4 of 4 models$255.76
vs. current price of $287.82(-11.1%)
How Is TRGP Fair Value Calculated?
Four independent models estimate what TRGP is worth. Each uses different inputs and assumptions. The composite blends them by weight.
TRGP Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$273.32
-5.0%Fair Value
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$537.19
+86.6%Undervalued
Inputs used
TRGP Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$61.47
-78.6%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$189.07
-34.3%Overvalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $287.82 is 5.0% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $1.62B | $1.51B |
| Year 2 | $1.88B | $1.63B |
| Year 3 | $2.19B | $1.77B |
| Year 4 | $2.55B | $1.92B |
| Year 5 | $2.97B | $2.09B |
| Year 6 | $3.46B | $2.26B |
| Year 7 | $4.03B | $2.45B |
| Year 8 | $4.70B | $2.66B |
| Year 9 | $5.47B | $2.89B |
| Year 10 | $6.37B | $3.13B |
| Terminal Value | $134.39B | $66.08B |
What Are TRGP's Key Financial Metrics?
Earnings & Growth
Current Price
$287.82
EPS (TTM)
$10.46
Forward P/E
23.8
Profit Margin
13.5%
Cash & Balance Sheet
Free Cash Flow
65.8M
EBITDA
5.5B
Book Value
$14.61
Total Debt
19.6B
What Do Analysts Say About TRGP?
Low
$257.00
Average
$308.10
High
$351.00
Upside
+7.0%
TRGP Fair Value FAQ
What is the fair value of TRGP?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), TRGP's estimated fair value is $255.76. The stock is currently trading at $287.82, which makes it fair value by our analysis.
How is TRGP's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is TRGP overvalued or undervalued?
Based on our analysis, TRGP is fair value. The current price of $287.82 is 11.1% above our estimated fair value of $255.76.
What do Wall Street analysts say about TRGP?
21 analysts cover Targa Resources with a consensus rating of "Buy." The average price target is $308.10, ranging from $257.00 to $351.00. This implies 7.0% upside from the current price.