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Rockpoint Gas Storage Inc (RGSI) Fair Value & Analysis

Utilities · CA · Market cap C$4.0B

RG Rockpoint Gas Storage Inc RGSI · TO
PriceC$26.45
Fair ValueC$17.80
Upside-32.7%
Quality53/100
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Mixed Growth
Highly profitable · 53.3% net margin
Negative equity (buybacks among others) · generates free cash flow
1.47% dividend yield
Mixed vs. peers (6/13)
Wide moat 89/100
Evidence: High Range C$12.97 – C$23.72 Share as image

Fair value as of: Jul 14, 2026

From 21 valuation models · updated 26 days ago

Share price −13.3% over the past month.

A solid business, but screening 33% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (C$23.72). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (C$12.97 to C$23.72) leaves room in how you read the outcome.
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Price vs Fair Value (10 months)

C$30.79 C$23.80 Fair Value C$17.80 Oct 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Jul 14, 2026.

How to read this chart

10‑month range C$23.80 – C$30.79 · fair‑value band C$12.97 – C$23.72 · the C$26.45 price screens above the C$17.80 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Jul 14, 2026.

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Analysis

Rockpoint Gas Storage Inc (RGSI) currently trades at C$26.45, while our model-based Fair Value estimate is C$17.80, implying the stock looks roughly 32.7% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Rockpoint Gas Storage Inc generated revenue of C$389M at a net margin of 53.3%. Revenue declined 5.8% year over year. Net debt stands at C$1.3B. The stock trades on a trailing P/E of 13.5. Fundamentals as of Jul 14, 2026

Our scenario range runs from C$12.97 (bear case) to C$23.72 (bull case); at C$26.45, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 15% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -19% fair-value upside, at -33%, RGSI screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF C$4.57 C$11.13 C$20.37 80
Rev-Margin DCF C$4.20 C$9.36 74
ROIC Compounder C$15.26 C$20.94 C$27.18 72
All 21 models by family
DCF Models
FCF DCF C$4.46 C$12.09 C$23.62 38
Owner Earnings C$8.72 C$18.81 C$34.08 31
5Y Revenue Exit C$4.09 C$9.37 39
5Y EBITDA Exit C$8.96 C$21.47 C$36.36 41
5Y P/E Exit C$8.12 C$19.86 C$32.46 38
10Y Revenue Exit C$1.26 C$5.52 C$11.16 36
10Y EBITDA Exit C$7.16 C$17.46 C$31.75 37
10Y P/E Exit C$6.63 C$16.36 C$28.77 35
Earnings-Based
Graham-Dodd C$10.58 C$36.84 C$49.52 54
Lynch FV C$8.56 C$12.23 C$15.90 50
PEG = 1.0 C$8.56 C$12.23 C$15.90 46
EPV C$13.71 C$17.25 C$20.30 59
Multiples
P/E Multiple C$21.00 C$28.00 C$35.00 63
P/S Multiple C$6.76 C$9.01 C$11.26 58
EV/EBIT C$22.11 C$32.38 C$42.65 53
EV/EBITDA C$13.77 C$21.26 C$28.74 54
EV/Revenue C$0.3300 C$3.03 43
Growth DCF
Growth DCF C$4.57 C$11.13 C$20.37 80
Rev-Margin DCF C$4.20 C$9.36 74
Economic Profit
ROIC Compounder C$15.26 C$20.94 C$27.18 72
Growth Earnings
Growth-Adj P/E C$18.45 C$26.35 C$34.26 68

Widest divergence: Growth Earnings (C$26.35) versus Growth DCF (C$4.20). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) C$389M
Revenue growth (YoY) -5.8%
Net margin 53.3%
Free cash flow C$157M FY2026
P/E ratio 13.5
Operating margin 92.5%
More key figures
EPS (TTM) C$2.16
Dividend yield 1.5%
Net debt C$1.3B FY2026

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 51 · Market factors (momentum, volatility) 46

Profitability 70
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Rockpoint Gas Storage Inc. owns and operates natural gas storage infrastructure facilities in North America. It serves utilities, producers, pipelines, power generators, LNG operators, financial institutions, and marketers. The company was founded in 1988 and is headquartered in Calgary, Canada. Rockpoint Gas Storage Inc.

Full company description

Rockpoint Gas Storage Inc. owns and operates natural gas storage infrastructure facilities in North America. It serves utilities, producers, pipelines, power generators, LNG operators, financial institutions, and marketers. The company was founded in 1988 and is headquartered in Calgary, Canada. Rockpoint Gas Storage Inc. is a subsidiary of Brookfield Infrastructure Holdings (Canada) Inc.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2023 – FY2026 · reported fiscal years

Rockpoint Gas Storage Inc reported revenue of C$479M in FY2026 versus C$265M in FY2023, a compound +21.9%/yr. Reported net income was C$207M in FY2026, compounding +51.0%/yr from FY2023.

Growth Quality 89/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
C$479M
Latest YoY
−9.2%
Avg. growth/yr (3Y)
+21.9%
Revenue +21.9%/yr
FY23 C$265M
FY24 C$346M
FY25 C$528M
FY26 C$479M
Net income +51.0%/yr
FY23 C$60.1M
FY24 C$344M
FY25 C$301M
FY26 C$207M

RGSI screens 33% overvalued. Compare with Naturgy Energy Group →

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Cite: Fair Value Calculator (2026). "Rockpoint Gas Storage Inc Fair Value". https://www.fairvalue-calculator.com/stock/RGSI

Peer Group

Utilities - Regulated Gas · 104 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Above median
Fair Value upside −33% · Bottom 25%
Return on assets 17% · Top 25%
Net margin (TTM) 53% · Top 25%
Operating margin (TTM) 93% · Top 25%
Revenue growth -6% · Below median
Dividend yield (TTM) 1.5% · Bottom 25%

Valuation Multiples vs Utilities - Regulated Gas median · lower = cheaper

P/E (TTM) 13.6× · Cheaper than median
P/S (TTM) 7.35× · Pricier than 75% of peers
P/FCF 18.2× · Pricier than 75% of peers
EV/EBITDA 10.1× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 22
FUTURE 0 · sector 0
PAST 0 · sector 34
HEALTH 100 · sector 85
DIVIDEND 29 · sector 67

VALUE 0: the price sits above our fair-value range.

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Regulated Gas stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Naturgy Energy Group NTGY €28.84 €35.80 +24%
Atmos Energy Corporation ATO $177.68 $85.67 -52%
NiSource Inc NI $47.07 $28.59 -39%
Uniper SE UN0 €42.80 €49.13 +15%
The Hong Kong and China Gas Company 0003 HK$7.03 HK$5.08 -28%
Italgas S.p.A IG €9.98 €8.11 -19%
GAIL (India) Limited GAIL ₹171.71 ₹147.74 -14%
Adani Total Gas Limited ATGL ₹723.90 ₹101.36 -86%
ENN Natural Gas Co 600803 ¥17.30 ¥25.71 +49%
UGI Corporation UGI $35.84 $27.13 -24%

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Frequently asked questions

Is Rockpoint Gas Storage Inc (RGSI) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of C$17.80 versus a price of C$26.45, about −33% (overvalued).
What is the fair value of RGSI?
Our model-based fair value for Rockpoint Gas Storage Inc is C$17.80 (as of Jul 14, 2026), built from audited fundamentals. The current price is C$26.45.
What is the quality score of RGSI?
Rockpoint Gas Storage Inc has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Rockpoint Gas Storage Inc (RGSI)?
Rockpoint Gas Storage Inc reported trailing-twelve-month revenue of about C$389M (latest available figure, as of Jul 14, 2026).
What is the net profit margin of RGSI?
The net profit margin of Rockpoint Gas Storage Inc is about 53.3%, meaning it keeps roughly 53.3% of revenue as net income. Based on the latest reported figures.
Does Rockpoint Gas Storage Inc pay a dividend?
Rockpoint Gas Storage Inc currently shows a dividend yield of about 1.49% relative to its recent price (as of Jul 14, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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