CQP (Cheniere Energy Partners LP) Intrinsic Value: DCF (FCF Based): $179.88 (As of Sep. 02, 2026)

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Director of Data and Quant Analytics at GuruFocus
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CQP Cheniere Energy Partners LP CQP
64 GF Score
Price $70.88
GF Value $62.90
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Cheniere Energy Partners LP Intrinsic Value: DCF (FCF Based)?

Cheniere Energy Partners LP CQP +0.80% 64 Intrinsic Value: DCF (FCF Based) is $179.88 as of Sep. 02, 2026. GuruFocus rates CQP with a GF Score™ of 64/100 and a GF Value™ of $62.90 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 63 Oil & Gas companies, Cheniere Energy Partners LP ranks worse than 1587300% on this metric.

As of today (2026-09-02), Cheniere Energy Partners LP's intrinsic value calculated from the Discounted Cash Flow model is $179.88.

Note: Discounted Cash Flow model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

Cheniere Energy Partners LP's Predictability Rank is 1-Star. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety (FCF Based) using Discounted Cash Flow model for Cheniere Energy Partners LP is 60.60%.

The industry rank for Cheniere Energy Partners LP's Intrinsic Value: DCF (FCF Based) or its related term are showing as below:

CQP's Price-to-DCF (FCF Based) is not ranked *
in the Oil & Gas industry.
Industry Median: 0.79
* Ranked among companies with meaningful Price-to-DCF (FCF Based) only.

Cheniere Energy Partners LP  (NYSE:CQP) Intrinsic Value: DCF (FCF Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Cash Flow model evaluates the companies based on their future earnings power instead of their assets.


Be Aware

What you need to know about the DCF model:

1. The DCF model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies that have relatively consistent performance.
4. The DCF model works poorly for inconsistent performers such as cyclicals.
5. What discount rate should you use? Your expected return from the investment is a good discount rate assumption.
6. A larger margin of safety should be required for companies with less predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Cheniere Energy Partners LP Intrinsic Value: DCF (FCF Based) Related Terms


Cheniere Energy Partners LP Intrinsic Value: DCF (FCF Based) Historical Data

* Premium members only.

The historical data trend for Cheniere Energy Partners LP's Intrinsic Value: DCF (FCF Based) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cheniere Energy Partners LP Intrinsic Value: DCF (FCF Based) Chart

Cheniere Energy Partners LP Annual Data
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Intrinsic Value: DCF (FCF Based)
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Cheniere Energy Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: DCF (FCF Based) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CQP vs VG, WES, PAA: Intrinsic Value: DCF (FCF Based) Comparison

For the Oil & Gas Midstream subindustry, Cheniere Energy Partners LP's Price-to-DCF (FCF Based), along with its competitors' market caps and Price-to-DCF (FCF Based) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cheniere Energy Partners LP Price-to-DCF (FCF Based) vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheniere Energy Partners LP's Price-to-DCF (FCF Based) distribution charts can be found below:

* The bar in red indicates where Cheniere Energy Partners LP's Price-to-DCF (FCF Based) falls into.


CQP
64GF Score
Cheniere Energy Partners LP CQP
Intrinsic Value: DCF (FCF Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheniere Energy Partners LP Intrinsic Value: DCF (FCF Based) Calculation

This is the intrinsic value calculated from the Discounted Cash Flow model with default parameters. In a discounted cash flow model, the future cash flow is estimated based on a cash flow growth rate and a discount rate. The cash flow of the future is discounted to its current value at the discount rate. All of the discounted future cash flow is added together to get the current intrinsic value of the company.

Usually a two-stage model is used when calculating a stock's intrinsic value using a discounted cash flow model. The first stage is called the growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DCF calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.80%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Growth Rate in the growth stage: g1 = 20%
The Growth Rate in the growth stage is initially set as the default 10-Year FCF Growth Rate (Per Share). In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year FCF Growth Rate (Per Share). If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year FCF Growth Rate (Per Share).
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> Cheniere Energy Partners LP's average Free Cash Flow Growth Rate in the past 5 years was 23.30%, which is no less than 20%. GuruFocus defaults => Growth Rate: 20%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Years of Terminal Growth: y2 = 10

6. Free Cash Flow per Share: fcf = $5.756.
However, GuruFocus DCF calculator is actually a Discounted Earnings calculator, the EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

All of the default settings can be changed and the results are calculated automatically.

Cheniere Energy Partners LP's Intrinsic Value: DCF (FCF Based) for today is calculated as

Intrinsic Value: DCF (FCF Based)=Free Cash Flow per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.2)/(1+0.11) = 1.0810810810811
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.11) = 0.93693693693694

Intrinsic Value: DCF (FCF Based)=Free Cash Flow per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Free Cash Flow per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=5.756*31.2501
=179.88

Margin of Safety (FCF Based)=(Intrinsic Value: DCF (FCF Based)-Current Price)/Intrinsic Value: DCF (FCF Based)
=(179.88-70.88)/179.88
=60.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: DCF (FCF Based) of $179.88 mean?
Cheniere Energy Partners LP (CQP) has a Intrinsic Value: DCF (FCF Based) of $179.88 as of Sep. 02, 2026. Intrinsic Value: DCF (FCF Based) is the stock value based on a two-stage discounted free cash flow model. View historical data on Cheniere Energy Partners LP and its competitors. According to the industry distribution chart, Cheniere Energy Partners LP ranks #999999 out of 63 companies in the Oil & Gas industry.
Is Cheniere Energy Partners LP's Intrinsic Value: DCF (FCF Based) too high?
Cheniere Energy Partners LP's current Intrinsic Value: DCF (FCF Based) is $179.88. The Oil & Gas industry median Intrinsic Value: DCF (FCF Based) is 0.79. Cheniere Energy Partners LP's value of $179.88 is 22669.6% above this industry median. Based on the distribution chart, Cheniere Energy Partners LP ranks #999999 out of 63 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Cheniere Energy Partners LP has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheniere Energy Partners LP's Intrinsic Value: DCF (FCF Based) compare to VG and WES?
According to the Oil & Gas industry distribution chart, Cheniere Energy Partners LP ranks #999999 out of 63 companies for Intrinsic Value: DCF (FCF Based). This places Cheniere Energy Partners LP in the lower half of its industry. The industry median Intrinsic Value: DCF (FCF Based) is 0.79. Cheniere Energy Partners LP's value of $179.88 is 22669.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (FCF Based) for an Oil & Gas company?
The median Intrinsic Value: DCF (FCF Based) among Oil & Gas companies is 0.79, based on 63 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (FCF Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (FCF Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cheniere Energy Partners LP's current Intrinsic Value: DCF (FCF Based) of $179.88 is 22669.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: DCF (FCF Based) mean?
A high Intrinsic Value: DCF (FCF Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (FCF Based) is the stock value based on a two-stage discounted free cash flow model. View historical data on Cheniere Energy Partners LP and its competitors. For the Oil & Gas industry, the median Intrinsic Value: DCF (FCF Based) is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheniere Energy Partners LP's current Intrinsic Value: DCF (FCF Based) is $179.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheniere Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Cheniere Energy Partners LP (CQP) is currently considered Modestly Overvalued. The stock's GF Value™ is $62.90, compared to a current price of $70.88 — trading 12.7% above its estimated fair value. The current Intrinsic Value: DCF (FCF Based) is $179.88 and 22669.6% above the Oil & Gas industry median of 0.79. Cheniere Energy Partners LP's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (FCF Based) calculated?
Intrinsic Value: DCF (FCF Based) is calculated from a company's financial statements. For Cheniere Energy Partners LP (CQP), the current Intrinsic Value: DCF (FCF Based) is $179.88 as of Sep. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cheniere Energy Partners LP (CQP) Overvalued in 2026?

Based on GuruFocus' analysis, Cheniere Energy Partners LP stock appears to be overvalued. The current stock price of $70.88 is trading 12.7% above its estimated GF Value™ of $62.90. GuruFocus considers Cheniere Energy Partners LP to be Modestly Overvalued.

Key valuation signals for CQP:

  • Intrinsic Value: DCF (FCF Based): $179.88
  • GF Value™: $62.90 vs. price of $70.88 (12.7% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 22669.6% above the Oil & Gas median (#999999 of 63)

No single metric tells the full story. See the CQP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheniere Energy Partners LP Business Description

Industry EnergyOil & Gas
Address 845 Texas Avenue, Suite 1250, Houston, TX, USA, 77002
Cheniere Energy Partners is a liquified natural gas producer operating one facility in Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed- and variable-fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. The profit generated through those activities is split with parent and operator Cheniere Energy.
64GF Score

Get the complete analysis for CQP

Intrinsic Value: DCF (FCF Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$70.88
Price
$62.90
GF Value