CQP Relative Valuation - Cheniere Energy Partners LP - Alpha Spread

Cheniere Energy Partners LP
NYSE:CQP

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Cheniere Energy Partners LP
NYSE:CQP
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Price: 47.75 USD -0.65% Market Closed
Market Cap: 23.1B USD
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Relative Value

The Relative Value of one CQP stock under the Base Case scenario is 63.46 USD. Compared to the current market price of 47.75 USD, Cheniere Energy Partners LP is Undervalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CQP Relative Value
Base Case
63.46 USD
Undervaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
Median 3Y
2.2
Median 5Y
2.2
Industry
1.3
Forward
2.6
vs History
69
vs Industry
Median 3Y
10.6
Median 5Y
12.2
Industry
9.3
Forward
10.7
vs History
55
vs Industry
Median 3Y
7.9
Median 5Y
8
Industry
4.6
vs History
9
vs Industry
Median 3Y
10.8
Median 5Y
11.9
Industry
10.9
vs History
vs Industry
Median 3Y
-11.9
Median 5Y
11.4
Industry
1.2
vs History
41
vs Industry
Median 3Y
3.7
Median 5Y
4.1
Industry
1.7
Forward
4.2
vs History
73
vs Industry
Median 3Y
9.3
Median 5Y
10.6
Industry
4.3
vs History
74
vs Industry
Median 3Y
9.5
Median 5Y
10.9
Industry
5.7
Forward
10.1
vs History
74
vs Industry
Median 3Y
11.3
Median 5Y
13.4
Industry
8.1
Forward
12.4
vs History
68
vs Industry
Median 3Y
12.7
Median 5Y
15.3
Industry
6.1
vs History
77
vs Industry
Median 3Y
13.6
Median 5Y
20.8
Industry
10.7
vs History
15
vs Industry
Median 3Y
2.1
Median 5Y
1.9
Industry
1

Multiples Across Competitors

CQP Competitors Multiples
Cheniere Energy Partners LP Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cheniere Energy Partners LP
NYSE:CQP
23.1B USD 2.6 10.1 8.5 10.1
CA
Enbridge Inc
NYSE:ENB
88.2B USD 2.8 21.7 15.2 23.7
US
Enterprise Products Partners LP
NYSE:EPD
63.6B USD 1.2 11.2 10 13.5
US
ONEOK Inc
NYSE:OKE
54.9B USD 2.9 21.4 14.8 18.2
US
Williams Companies Inc
NYSE:WMB
55.3B USD 5.3 19.6 13.8 21.8
US
Energy Transfer LP
NYSE:ET
54.6B USD 0.7 13.9 8 12.2
US
Kinder Morgan Inc
NYSE:KMI
48.4B USD 3.1 19.9 11.8 18.2
CA
TC Energy Corp
NYSE:TRP
47.9B USD 3.9 18.9 12.6 17.8
US
Cheniere Energy Inc
LSE:0HWH
45.6B USD 2.8 10.2 7.3 8.4
US
MPLX LP
NYSE:MPLX
45.1B USD 3.8 10.8 9.6 11.9
US
Targa Resources Corp
NYSE:TRGP
33.5B USD 2.1 31.4 12.3 19.2

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