Fair value (multi-method)
Four independent methods triangulate what NI is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$110.92
Method range
$21.92 – $110.92
median $42.92
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $110.92 | +137.97% |
| Exit multiple | $35.64 | -23.53% |
| Analyst target | $50.20 | +7.70% |
| Graham number | $21.92 | -52.98% |
- Forward DCF$110.92
- Exit multiple$35.64
- Analyst target$50.20
- Graham number$21.92
Stock price
$46.61
EPS (TTM)
$2.01
5Y EPS CAGR
14.4%
Fair value @ hist. growth
$110.92
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied EPS growth
3.5%
per year over your projection horizon
Margin of safety 58.0% vs hist-growth DCF
Historical 5Y CAGR
14.4%
Your model implies
3.5%
Next-year analyst consensus
2.4%
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 5.3% | -0.2% | -1.4% | -2.8% | -4.4% | -6.5% |
| 6.3% | 2.6% | 1.7% | 0.6% | -0.6% | -1.9% |
| 7.3% | 5.1% | 4.3% | 3.5% | 2.6% | 1.5% |
| 8.3% | 7.3% | 6.7% | 6.0% | 5.2% | 4.4% |
| 9.3% | 9.4% | 8.8% | 8.2% | 7.6% | 6.9% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
0.11
Low vs growth
Net debt
$16.1B
Total debt − cash
Beta
0.55
Vs market benchmark
Annual diluted EPS
Per-share earnings by fiscal year — last 5 years anchor the CAGR reference above.
Frequently asked questions
NiSource (NI) Key Financials
Charts, filings, and peer comparison for every metric
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