KMI Kinder Morgan
Intrinsic value$0.56
Price (at call)$30.73
Margin of safety
-98.2%
vs market (rating basis)
-69.6%
Model unavailable; showing baseline valuation.
⚠ LLM error: empty response; using baseline
The story
Value drivers
| Revenue growth (Y1) | -4.1% |
| Terminal growth | 3.5% |
| Forecast horizon | 10y |
| Target operating margin | 20.5% |
| Years to target margin | 5 |
| Sales-to-capital | 0.50 |
| Beta | 0.55 |
| Failure probability | 0.0% |
| Cost of capital (WACC) | 7.6% |
| Terminal WACC | 8.9% |
Valuation bridge
| PV of explicit FCFF | 18.71B |
| PV of terminal value | 15.76B |
| Equity value | 1.24B |
| ÷ shares → per share | $0.56 |
News
bullish +0.60 · 8 articles
- Iran-War Uncertainty Puts These 3 Midstream Stocks in Focus
- Kinder Morgan (KMI) Stock May Be 43% Undervalued As Cash Flows Stay Strong
- These 3 Pipeline Stocks Pay High Yields Without the K-1 Headache
- Meet Wall Street’s 3 Safest High-Yield Dividend Stocks
- 1 Cash-Producing Stock to Consider Right Now and 2 We Avoid
- Not All Pipeline Dividends Are Created Equal—Especially at Tax Time
- This Pipeline Stock Has Raised Its Dividend for 31 Straight Years. Almost Nobody Talks About It.
- Kinder Morgan Targets $1.4B in New Gas Projects as LNG, Power Demand Fuel Growth
Projected free cash flow to the firm
| Yr | Revenue | Growth | Margin | NOPAT | Reinvest | FCFF | PV |
|---|---|---|---|---|---|---|---|
| 1 | 17.22B | -4.1% | 27.3% | 3.73B | 0 | 3.73B | 3.47B |
| 2 | 16.66B | -3.3% | 25.6% | 3.38B | 0 | 3.38B | 2.92B |
| 3 | 16.26B | -2.4% | 23.9% | 3.08B | 0 | 3.08B | 2.48B |
| 4 | 16.01B | -1.6% | 22.2% | 2.82B | 0 | 2.82B | 2.10B |
| 5 | 15.89B | -0.7% | 20.5% | 2.58B | 0 | 2.58B | 1.79B |
| 6 | 15.91B | 0.1% | 20.5% | 2.59B | 39.68M | 2.55B | 1.64B |
| 7 | 16.07B | 1.0% | 20.5% | 2.61B | 308.28M | 2.30B | 1.38B |
| 8 | 16.36B | 1.8% | 20.5% | 2.66B | 582.42M | 2.08B | 1.16B |
| 9 | 16.79B | 2.7% | 20.5% | 2.73B | 869.05M | 1.86B | 964.62M |
| 10 | 17.38B | 3.5% | 20.5% | 2.82B | 1.18B | 1.65B | 795.02M |
⚠ Extreme gap to market price — large, heavily-covered stocks are rarely mispriced this much; the gap likely embeds disruption, decline, or balance-sheet risk the model underweights. Treat as a flag to investigate, not a verdict.