What Is KMI Fair Value?
Kinder Morgan (KMI) fair value estimate using multiple valuation models, updated daily.
As of October 14, 2026, Kinder Morgan (KMI) has a composite fair value estimate of $26.76 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $33.43, suggesting the stock is overvalued by 19.9%.
Data as of October 14, 2026 (today)
Composite Fair Value
Overvalued4 of 4 models$26.76
vs. current price of $33.43(-19.9%)
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% weightEstimates 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 →
$26.78
-19.9%Overvalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf 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 →
$41.74
+24.8%Undervalued
Inputs used
KMI Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated 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 →
$22.32
-33.2%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks 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
-53.4%Overvalued
Inputs used
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
Current price $33.43 is 19.9% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $2.51B | $2.35B |
| Year 2 | $2.75B | $2.42B |
| Year 3 | $3.01B | $2.49B |
| Year 4 | $3.29B | $2.55B |
| Year 5 | $3.61B | $2.62B |
| Year 6 | $3.95B | $2.70B |
| Year 7 | $4.32B | $2.77B |
| Year 8 | $4.73B | $2.85B |
| Year 9 | $5.18B | $2.92B |
| Year 10 | $5.67B | $3.00B |
| Terminal Value | $143.06B | $75.74B |
What Are KMI's Key Financial Metrics?
Earnings & Growth
Current Price
$33.43
EPS (TTM)
$1.55
Forward P/E
21.6
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
$36.09
High
$43.00
Upside
+8.0%
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 $26.76. The stock is currently trading at $33.43, which makes it overvalued 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 overvalued. The current price of $33.43 is 19.9% above our estimated fair value of $26.76.
What do Wall Street analysts say about KMI?
22 analysts cover Kinder Morgan with a consensus rating of "Buy." The average price target is $36.09, ranging from $31.00 to $43.00. This implies 8.0% upside from the current price.