DCF Valuation
Base-case fair value
$114.41
Intrinsic $152.55 · 25% MOS
Current price: $59.75
Base-case summary
Our base-case DCF for Cheniere Energy Partners, L.P. (CQP) projects 10 years of free cash flow growth at 11.6% for years 1–5 and 5.8% for years 6–10, anchored to 11.6% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $2.8B in trailing free cash flow, this produces an intrinsic value of $152.55 per share. A 25% safety margin gives a fair value of $114.41, suggesting the stock is currently 91% undervalued against the $59.75 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$2.8B
Cash & equivalents
$279M
Total debt
$14.2B
Shares outstanding
484M