• If you are wondering whether Global Partners at around US$48.51 is offering good value right now, this article walks through what the current price may or may not be pricing in.
• The stock has returned 2.7% over the last 7 days, 7.8% over 30 days, 14.8% year to date and 2.5% over 1 year, which gives useful context before comparing those moves with underlying valuation.
• Recent news flow around Global Partners has focused on the company’s position in the wider energy sector and how investors are thinking about its future role in fuel distribution and related services. This backdrop helps frame why the share price has shifted and what the market may be factoring into expectations.
• On Simply Wall St’s 6 point valuation checklist, Global Partners currently scores 3 out of 6. The next sections will walk through the different valuation methods used, then finish with a broader way to think about what the stock might be worth.

Approach 1: Global Partners Discounted Cash Flow (DCF) Analysis

A Discounted Cash Flow model estimates what a stock could be worth by projecting future cash flows and then discounting them back to today’s value using a required return. For Global Partners, the model used is a 2 Stage Free Cash Flow to Equity approach based on cash flow projections.

The latest twelve month free cash flow is reported as a loss of $3.79 million, so the model leans on forward estimates. Analyst input for 2026 and 2027 points to free cash flow of $97.91 million and $106.39 million, with Simply Wall St extending this path out to 2035 using its own growth assumptions. Over those ten years, projected free cash flows reach about $153.21 million in 2035, all in $.

When these projected cash flows are discounted back, the resulting intrinsic value is $71.24 per share. Compared with the recent share price of about $48.51, this DCF output suggests the stock is 31.9% undervalued based on these assumptions.

Result: UNDERVALUED

Our Discounted Cash Flow (DCF) analysis suggests Global Partners is undervalued by 31.9%. Track this in your watchlist or portfolio, or discover 51 more high quality undervalued stocks.

Approach 2: Global Partners Price vs Earnings

For companies that are generating profits, the P/E ratio is a straightforward way to see how much investors are currently paying for each dollar of earnings. It ties the share price directly to the bottom line, which is what ultimately supports dividends and reinvestment.

What counts as a “normal” P/E depends on how the market views a company’s growth prospects and risk. Higher expected earnings growth or lower perceived risk can justify a higher multiple, while slower growth or higher uncertainty often comes with a lower one.

Global Partners currently trades on a P/E of about 22.7x. That is above both the Oil and Gas industry average P/E of roughly 14.7x and the peer group average of about 15.7x. Simply Wall St’s Fair Ratio for Global Partners is 24.9x, which is the P/E level it estimates based on factors such as earnings growth, profit margins, industry, market value and company specific risks. This Fair Ratio can be more informative than a simple comparison to peers because it adjusts for those company specific characteristics.

Comparing the current P/E of 22.7x with the Fair Ratio of 24.9x indicates that the stock is trading below that implied level.

Result: UNDERVALUED

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Upgrade Your Decision Making: Choose your Global Partners Narrative

Earlier it was mentioned that there is an even better way to understand valuation. Narratives on Simply Wall St give you a clear story behind your numbers by linking your view on Global Partners, such as how acquisitions, fuel demand, regulation and distributions might play out, to a set of revenue, earnings and margin forecasts that flow through to a Fair Value. You can then compare this Fair Value with the current price to help inform your decision, with that Fair Value automatically updating when new news or earnings arrive. One investor might build a Narrative that leans on the analyst consensus Fair Value of US$45.50 and assumes stable fossil fuel demand, while another might focus on the long term risks around energy transition and regulation and therefore choose more conservative earnings and a lower P/E. Both perspectives can sit side by side on the Community page used by millions of investors, making this a simple and accessible way to turn your own story about the company into a concrete valuation.

Do you think there's more to the story for Global Partners? Head over to our Community to see what others are saying!

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.