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Global Partners (GLP) is drawing fresh attention after recent trading left the units at $45. For income focused investors, the long term total return profile and current value metrics are now back in focus.

See our latest analysis for Global Partners.

The recent 1 day share price return of 2.55% and 7 day share price return of 1.42% come after a 30 day share price return of a 7.22% decline, while longer term total shareholder returns of 83.08% over three years and 209.35% over five years indicate momentum built over time.

If this kind of move has you thinking about what else is out there, it could be a good moment to scan for other energy related ideas via the 28 power grid technology and infrastructure stocks

With units at $45, an intrinsic value estimate that implies a discount of about 38% and a small gap to the $45.50 analyst target, you have to ask: Is Global Partners undervalued, or is the market already pricing in future growth?

With Global Partners units at $45 and the most followed fair value estimate anchored at $45.50, the narrative frames the current pricing as very close to its calculated worth, with a small discount that hinges on a specific earnings and revenue path.

In order for you to agree with the analysts, you’d need to believe that by 2029, revenues will be $43.0 billion, earnings will come to $168.0 million, and it would be trading on a PE ratio of 11.4x, assuming you use a discount rate of 8.0%.

Read the complete narrative. Read the complete narrative.

Curious what underpins that $45.50 fair value when today’s earnings and margins look very different from those implied future numbers? The narrative highlights rapid top line expansion, steady profitability and a lower future earnings multiple as the factors used to make the valuation math work. The focus is on how these three elements are expected to interact over time, rather than any single headline figure.

Result: Fair Value of $45.50 (UNDERVALUED)

Have a read of the narrative in full and understand what’s behind the forecasts.

However, you also need to weigh risks, including long term fossil fuel demand pressure and potential asset strain if terminal and station utilization weakens.

Find out about the key risks to this Global Partners narrative.

The mix of long term returns, valuation views and future assumptions here may feel balanced but still incomplete. Treat this as your starting point, move quickly to weigh both sides, and review the 2 key rewards and 3 important warning signs in the 2 key rewards and 3 important warning signs

If Global Partners has caught your eye, do not stop here. Use the Simply Wall St Screener to spot other opportunities that could round out your portfolio.

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.

Companies discussed in this article include GLP.

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