CQP - Cheniere Energy Partners, L.P.
Price:
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CONSENSUS:
Sell
DETAILS
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PRICE TARGET:
$68.67
DETAILS
HIGH:
$75.00
LOW:
$65.00
MEDIAN:
$66.00
CONSENSUS:
$68.67
UPSIDE:
0.85%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
80% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
17.8x
6.17$
Key Value Driver
Normalized P/E multiple (18x base case)
Implied Market Multiple
11.0x
Plain-Language Summary
Applying a 18x P/E to adjusted EPS of $6.17, the base-case value is $110.00 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (18 analysts)
$68.67
Analyst Range
$65.00 – $75.00
Divergence from AlphaVal
60%
Warnings
Wall Street's average price target is $68.67 (from 18 analysts). Our estimate is 60% above the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples