NiSource

NI US Utilities Multi-Utilities
S&P 500
$41.41
-0.02%
Delayed · cached 15 min

Fair value analysis

NI
NiSource
UtilitiesMulti-Utilities
$41.41
Close used for this calculation
$35.43Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
36/100
Profitability13/25
Returns12/25
Balance Sheet0/25
Efficiency11/25
Growth4/25
Average
Quality radar
36Prof.13/25Ret.12/25Eff.11/25B.Sht0/25Growth4/25

Consensus fair value

$35.43
Near FV
▼ -14.4% against the close used
Model range $3.39 – $68.48
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear$3.39Fair value$35.43Bull$68.48
FairClose
52-week traded range
52W low $39.3752W high $49.08

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

NiSource closed at $41.41, 16.9% above the consensus fair value of $35.43 drawn from 9 valuation models.

Financial DNA score 36/100 — Average. P/E of 21.2x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
$25.48
-38.5%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=1.7%, r=10%, tg=3%, n=10yr
Graham Number
$29.55
-28.6%
√(22.5 × EPS × BVPS)
EPS=1.95, BVPS=19.91 · outside Graham range (P/E 21.2, P/B 2.1) — asset-light, treat as a rough floor
P/E Fair Value
$39.00
-5.8%
EPS × 20x (sector P/E)
EPS=1.95, Sector P/E=20x
Peter Lynch (PEG)
$3.39
-91.8%
EPS × Growth% (PEG = 1 is fair)
EPS=1.95, g=1.7%
EV/EBITDA
$68.48
+65.4%
(EBITDA × 10.9x − Net Debt) ÷ Shares
EBITDA=3B
Dividend Discount (DDM)
$14.26
-65.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=1.12, r=10%, g=2%
Book Value (P/B)
$19.08
-53.9%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=19.91, ROE=9.7%, g=3%, r=10%
Reverse DCF
$41.41
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 8% | Historical: 1.7%
Margin of Safety
$23.51
-43.2%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=31.34, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.