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KMIKinder Morgan

What Is KMI Fair Value?

Kinder Morgan (KMI) fair value estimate using multiple valuation models, updated daily.

As of August 29, 2026, Kinder Morgan (KMI) has a composite fair value estimate of $27.27 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $31.56, suggesting the stock is fair value by 13.6%.

Data as of August 29, 2026 (today)

Composite Fair Value

Fair Value4 of 4 models

$27.27

vs. current price of $31.56(-13.6%)

Undervalued$27.27Overvalued
$31.56

How Is KMI Fair Value Calculated?

Four independent models estimate what KMI is worth. Each uses different inputs and assumptions. The composite blends them by weight.

KMI Intrinsic Value

Forward-looking models based on future cash flows

DCF (Discounted Cash Flow)

35% weight

Estimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →

$27.74

-12.1%

Fair Value

Inputs used

FCF: 2.3BGrowth: 9.3%Discount: 6%

DDM (Dividend Discount Model)

15% weight

If a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →

$42.44

+34.5%

Undervalued

Inputs used

Dividend: $1.18/yrReq. Return: 8%Growth: 4.6%

KMI Fair Value

Current fundamentals: earnings, assets, and growth rate

Graham Number (Value Investing)

25% weight

Created by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →

$22.33

-29.3%

Overvalued

Inputs used

EPS: $1.56Book Value: $14.22

PEG (Price/Earnings to Growth)

25% weight

Checks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.

$15.58

-50.6%

Overvalued

Inputs used

EPS: $1.56Growth: 9.3%

What If You Change the Assumptions?

Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.

Your DCF Fair Value

$27.74Fair Value

Current price $31.56 is 12.1% above this estimate

CheapFair ValueExpensive
9.3%
0.0%30.0%
6.4%
6.0%15.0%
2.5%
1.0%4.0%
15.0%
0.0%50.0%
View 10-year cash flow projections
YearProjected FCF (Free Cash Flow)Present Value
Year 1$2.50B$2.35B
Year 2$2.74B$2.42B
Year 3$2.99B$2.48B
Year 4$3.27B$2.55B
Year 5$3.57B$2.62B
Year 6$3.90B$2.69B
Year 7$4.26B$2.76B
Year 8$4.66B$2.83B
Year 9$5.09B$2.91B
Year 10$5.56B$2.99B
Terminal Value$145.85B$78.35B

What Are KMI's Key Financial Metrics?

Earnings & Growth

Current Price

$31.56

EPS (TTM)

$1.55

Forward P/E

20.5

Profit Margin

19.3%

Cash & Balance Sheet

Free Cash Flow

1.1B

EBITDA

7.6B

Book Value

$14.22

Total Debt

32.4B

What Do Analysts Say About KMI?

Low

$31.00

Average

$35.81

High

$43.00

Upside

+13.5%

Current $31.56Avg Target $35.81Buy21 analysts

KMI Fair Value FAQ

What is the fair value of KMI?

Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), KMI's estimated fair value is $27.27. The stock is currently trading at $31.56, which makes it fair value by our analysis.

How is KMI's fair value calculated?

We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.

Is KMI overvalued or undervalued?

Based on our analysis, KMI is fair value. The current price of $31.56 is 13.6% above our estimated fair value of $27.27.

What do Wall Street analysts say about KMI?

21 analysts cover Kinder Morgan with a consensus rating of "Buy." The average price target is $35.81, ranging from $31.00 to $43.00. This implies 13.5% upside from the current price.