WallStSmart

Pembina Pipeline Corp (PBA)vsWilliams Companies Inc (WMB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Williams Companies Inc generates 52% more annual revenue ($11.83B vs $7.78B). WMB leads profitability with a 22.1% profit margin vs 21.8%. PBA appears more attractively valued with a PEG of 2.35. WMB earns a higher WallStSmart Score of 67/100 (B-).

PBA

Buy

53

out of 100

Grade: C-

Growth: 2.0Profit: 7.5Value: 7.3Quality: 2.8
Piotroski: 1/9Altman Z: 0.91

WMB

Strong Buy

67

out of 100

Grade: B-

Growth: 6.7Profit: 8.0Value: 9.3Quality: 3.3
Piotroski: 3/9Altman Z: 0.37
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PBASignificantly Overvalued (-231.8%)

Margin of Safety

-231.8%

Fair Value

$13.19

Current Price

$45.62

$32.43 premium

UndervaluedFair: $13.19Overvalued
WMBUndervalued (+29.0%)

Margin of Safety

+29.0%

Fair Value

$100.15

Current Price

$73.81

$26.34 discount

UndervaluedFair: $100.15Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PBA3 strengths · Avg: 8.3/10
Profit MarginProfitability
21.8%9/10

Keeps 22 of every $100 in revenue as profit

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

Operating MarginProfitability
27.0%8/10

Strong operational efficiency at 27.0%

WMB4 strengths · Avg: 9.5/10
Operating MarginProfitability
41.2%10/10

Strong operational efficiency at 41.2%

EPS GrowthGrowth
50.8%10/10

Earnings expanding 50.8% YoY

Market CapQuality
$90.96B9/10

Large-cap with strong market position

Profit MarginProfitability
22.1%9/10

Keeps 22 of every $100 in revenue as profit

Areas to Watch

PBA4 concerns · Avg: 2.8/10
PEG RatioValuation
2.354/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Revenue GrowthGrowth
-10.8%2/10

Revenue declined 10.8%

EPS GrowthGrowth
-14.9%2/10

Earnings declined 14.9%

WMB4 concerns · Avg: 3.3/10
PEG RatioValuation
2.474/10

Expensive relative to growth rate

P/E RatioValuation
34.8x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Free Cash FlowQuality
$-485.00M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : PBA

The strongest argument for PBA centers on Profit Margin, Price/Book, Operating Margin. Profitability is solid with margins at 21.8% and operating margin at 27.0%.

Bull Case : WMB

The strongest argument for WMB centers on Operating Margin, EPS Growth, Market Cap. Profitability is solid with margins at 22.1% and operating margin at 41.2%.

Bear Case : PBA

The primary concerns for PBA are PEG Ratio, Piotroski F-Score, Revenue Growth.

Bear Case : WMB

The primary concerns for WMB are PEG Ratio, P/E Ratio, Piotroski F-Score.

Key Dynamics to Monitor

PBA profiles as a declining stock while WMB is a mature play — different risk/reward profiles.

PBA carries more volatility with a beta of 0.76 — expect wider price swings.

WMB is growing revenue faster at 8.7% — sustainability is the question.

PBA generates stronger free cash flow (617M), providing more financial flexibility.

Bottom Line

WMB scores higher overall (67/100 vs 53/100), backed by strong 22.1% margins. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Pembina Pipeline Corp

ENERGY · OIL & GAS MIDSTREAM · USA

Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. The company is headquartered in Calgary, Canada.

Williams Companies Inc

ENERGY · OIL & GAS MIDSTREAM · USA

The Williams Companies, Inc., is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets.

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