Cheniere Energy Partners, L.P. (CQP) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/S below the industry

Cheniere Energy Partners, L.P.'s price-to-sales of 2.56 is below the Gas Production and Distribution median of 2.68 (book value is negative, so we use sales).

Trading below fair value

The share price of $61.80 is below our fair value estimate of $86.08.

Margin of safety over 20%

The price is 28.2% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew -14.5% a year over the last three fiscal years, short of the 10% we look for.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings growth accelerating

Net income grew 40.9% over the last twelve months, against a 5-year average of 20.4% a year.

Growing slower than the industry

Revenue grew 13.2% over the last twelve months; the Gas Production and Distribution median is 13.6%.

Guidance issued

The latest outlook (full year 2026 distribution guidance, Oct 29, 2026) was issued for the first time, so it neither adds nor takes away points.

Gross margin improving

Gross margin was 50.5% over the last twelve months, against 48.1% a year earlier.

Return on equity

Needs positive equity and five years of results.

Return on invested capital

Needs operating income and invested capital.

Return on equity against the industry

Needs positive equity.

Earnings grew over 5 years

Net income grew 20.4% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 28.1% over the last twelve months, against a 5-year average of 26.5%.

Net margin above the industry

Cheniere Energy Partners, L.P.'s net margin of 28.1% is above the Gas Production and Distribution median of 13.1%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 23.9% of total debt.

Interest well covered

Operating income covers interest expense 5.4 times.

Short-term assets cover short-term debts

Current assets are 1.19 times current liabilities.

Bankruptcy risk in the grey zone

The Altman Z-score is 2.47; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Cheniere Energy Partners, L.P. paid dividends worth 3.9% of the share price over the last twelve months.

Yield below Treasuries

The 3.9% yield is below the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; Cheniere Energy Partners, L.P. yields 3.9%.

Dividend stability

Fewer than five years of dividend history.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.