TPL

NYSE

Texas Pacific Land Corp

Energy, Oil & Gas Exploration & Production

$340.65

close 7 Aug 2026

+19.55%

52-week change

$23.50B

market cap

$269.23

$547.20

52-week range

Expected price

$300.72 – $367.54

Current price

$340.65

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)43.43x

P/S (TTM)26.18x

P/B14.05x

EV/EBITDA (TTM)31.41x

FCF yield (TTM)1.96%

PEG (TTM, GAAP)15.63

Context

P/E, own 5-year average44.46x

P/E, sector median15.54x*

Price at 5-year median P/E$332.58*

Indicated dividend yield0.70%

Forward — analyst consensus

Forward P/E (FY2026)39.34x*

Forward P/E (FY2027)35.16x

Forward PEG3.31*

Consensus EPS FY2026 (2 analysts)$8.66

EPS growth (FY2026→FY2027)11.90%

Revenue growth (FY2026)23.53%

Street view

Price target (mean)$443.50*

Target upside30.19%

Ratings (buy / hold / sell)1 / 0 / 1

FY2026 EPS revisions, 30d (up / down)0 / 2

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +20.35%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$340.65

Cash & equivalents$248.61M

Total debt$0.00

Shares outstanding68.97M

Result

DCF price per share$499.15

Current price$340.65

Margin of safety+46.53%

PV of years 1–10$8.78B

PV of terminal value$25.40B

Equity value$34.43B

Market-implied growth+15.29%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$555.46M	$668.50M	$804.54M	$968.26M	$1.17B	$1.40B	$1.69B	$2.03B	$2.44B	$2.94B	$54.83B
PV	$514.32M	$573.13M	$638.67M	$711.70M	$793.09M	$883.78M	$984.84M	$1.10B	$1.22B	$1.36B	$25.40B

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026