Brookfield Business Partners LP (BBU) fair value: what the stock is really worth
As of Jun 1, 2026: fair value of Brookfield Business Partners LP $66.22, price $33.11, upside +100.0%, quality 27 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $12.03 – $37.02 · fair‑value band $13.24 – $176.37 · the $33.11 price screens below the $66.22 fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Brookfield Business Partners L.P. is a private equity firm specializing in growth capital, divestitures, and acquisitions. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. The firm prefers to invest globally. It prefers to take majority controlling stake in companies.
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Brookfield Business Partners L.P. is a private equity firm specializing in growth capital, divestitures, and acquisitions. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. The firm prefers to invest globally. It prefers to take majority controlling stake in companies. The firm seeks returns of at least 15%-20% on its investments. The firm was founded in 2016 and is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Corporation.
Stock analysis
Brookfield Business Partners LP (BBU) currently trades at $33.11, while our model-based Fair Value estimate is $66.22, implying the stock looks roughly 50.0% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $196.00 per share, and 3 of the 6 models we run sit above the $33.11 price.
Bear case: the Dividend Discount group reads lowest at $15.47, and 3 of the 6 models stay below the price. Evidence for this calculation is medium.
Scenario range: $13.24 (bear) to $176.37 (bull), the price of $33.11 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 27/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Brookfield Business Partners LP reported revenue of $27.9B in FY2025 versus $46.6B in FY2021, a compound −12.0%/yr. Reported net income was −$26.5M in FY2025.
Key figures
Market cap $2.9B · P/S ratio 0.10 · EPS (TTM) $−0.3000 · Dividend yield 0.8% · Net margin −0.1% · Return on equity 2.4% · Return on assets (EBIT) 3.8% · Operating margin 16.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 39% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 2% fair-value upside, at 100%, BBU screens cheaper than that median.
Fair Value models
Bear $13.24Fair Value $66.22Bull $176.37
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.47/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.4%
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.2%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
5.4% (2020) → 15.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+16.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +14.0% a year for the price.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Conglomerates · 361 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score27 · Bottom 25%
Fair Value upside+100.0% · Top 25%
Profitability
Return on equity (TTM)2.4% · Below median
Return on assets3.4% · Above median
Net margin (TTM)−0.1% · Below median
Operating margin (TTM)16.7% · Top 25%
Growth and dividend
Revenue growth−4.5% · Below median
Dividend yield (TTM)0.8% · Below median
Balance sheet
Debt / equity18.53× · Highest 25%
Valuation Multiplesvs Conglomerates median · lower = cheaper
P/B1.25× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Brookfield Business Partners LP Fair Value". https://www.fairvalue-calculator.com/stock/BBU
Frequently asked questions
Is Brookfield Business Partners LP (BBU) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $66.22 versus the last price from Jun 1, 2026 of $33.11, about +100% upside (undervalued).
What is the fair value of BBU?
Our model-based fair value for Brookfield Business Partners LP is $66.22 (as of Sep 24, 2026), built from audited fundamentals. Last price (from Jun 1, 2026): $33.11.
What is the quality score of BBU?
Brookfield Business Partners LP has a Quality Score of 27/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Brookfield Business Partners LP (BBU)?
Our model-based price target is the fair value of $66.22 (as of Sep 24, 2026) from 6 valuation models. Cautious scenario $13.24, optimistic scenario $176.37. It is a calculation from audited fundamentals, not an analyst target.
What is the Brookfield Business Partners LP stock forecast for 2026?
Our models put fair value at $66.22, about +100% upside versus the last price from Jun 1, 2026 of $33.11 (undervalued). Cautious scenario $13.24, optimistic scenario $176.37. The calculation is refreshed regularly with new filings.
What is the revenue of Brookfield Business Partners LP (BBU)?
Brookfield Business Partners LP reported trailing-twelve-month revenue of about $27.5B (latest available figure, as of Sep 24, 2026).
Does Brookfield Business Partners LP pay a dividend?
Brookfield Business Partners LP currently shows a dividend yield of about 0.76% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Brookfield Business Partners LP (BBU)?
For today's price to be fair in a discounted-cash-flow model, Brookfield Business Partners LP would have to grow free cash flow by +16.7 % per year for five years (discount rate 10.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -5.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of BBU use?
Our models discount Brookfield Business Partners LP at 10.5 %: a base by market capitalisation (mid), damped by beta 1.32, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Brookfield Business Partners LP that is +16.7 % per year a year over ten years, using the same discount rate (10.5 %) and the same formula as our fair value.
How much growth has Brookfield Business Partners LP (BBU) delivered so far?
Over the past 5 years revenue at Brookfield Business Partners LP grew -5.8 % a year. The price currently implies +16.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Brookfield Business Partners LP (BBU) growing?
The median revenue growth in the sector is +7.2 % a year. That is the yardstick for the growth priced into Brookfield Business Partners LP (+16.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Brookfield Business Partners LP (BBU)?
The free-cash-flow yield on the price is 40.85 %: that much free cash flow Brookfield Business Partners LP produces per unit of market value. When it exceeds the discount rate of our models (10.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Brookfield Business Partners LP (BBU)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Brookfield Business Partners LP it is $66.22 per share (as of Sep 24, 2026), against a price of $33.11. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Brookfield Business Partners LP stock overvalued or undervalued in 2026?
As of Sep 24, 2026, BBU trades below its calculated fair value: price $33.11, fair value $66.22, a gap of about +100% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BBU?
No. The price is what the market pays today ($33.11); the fair value is what the company's own numbers justify ($66.22). For Brookfield Business Partners LP the two are $33.11 per share apart. That gap is exactly why we show both numbers side by side.
How much is Brookfield Business Partners LP worth?
The market values Brookfield Business Partners LP at about $2.9B (market capitalisation, as of Sep 24, 2026). Per share that is $33.11; our models calculate a fair value of $66.22 per share.
What do the bullish and bearish scenarios say about BBU?
Our models span a range for Brookfield Business Partners LP: cautious scenario $13.24, base $66.22, optimistic $176.37 per share (as of Sep 24, 2026, price $33.11). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Brookfield Business Partners LP (BBU)?
Balance-sheet figures for Brookfield Business Partners LP (as of Sep 24, 2026): return on equity 2.4%, debt of 18.53 per unit of equity. They feed the Quality Score of 27/100, which measures business quality independently of the share price.
How far is BBU from its 52-week high?
Brookfield Business Partners LP trades at $33.11, about 11% below its 52-week high of $37.02 and 39% above the low of $23.74 (as of Jun 1, 2026). Distance from the high says nothing about value: that is what the fair value of $66.22 is for.
Which stocks are comparable to Brookfield Business Partners LP?
From the same area (Industrials) we also value 3M Company, Honeywell International Inc, CITIC Limited, Swire Pacific Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Brookfield Business Partners LP stock attractive at the current price?
The data as of Sep 24, 2026: price $33.11, calculated fair value $66.22 (+100%), Quality Score 27/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BBU calculated?
We run Brookfield Business Partners LP through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $66.22, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Brookfield Business Partners LP currently trades 50 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Brookfield Business Partners LP (BBU)?
The latest price we hold is from Jun 1, 2026 and stands at $33.11. Our model-based fair value is $66.22, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Brookfield Business Partners LP right now?
The large discount to fair value meets weak quality (27/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide ($13.24 to $176.37). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of Brookfield Business Partners LP
How large is the market capitalisation of Brookfield Business Partners LP (BBU)?
The market capitalisation of Brookfield Business Partners LP is $2.9B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Brookfield Business Partners LP (BBU)?
The price-to-sales ratio of Brookfield Business Partners LP is 0.10 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Brookfield Business Partners LP (BBU)?
Earnings per share at Brookfield Business Partners LP are $−0.3000. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Brookfield Business Partners LP (BBU)?
The dividend yield of Brookfield Business Partners LP is 0.8%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Brookfield Business Partners LP (BBU)?
The net margin of Brookfield Business Partners LP is −0.1% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Brookfield Business Partners LP (BBU)?
The return on equity (ROE) of Brookfield Business Partners LP is 2.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Brookfield Business Partners LP (BBU)?
On an EBIT basis the return on assets of Brookfield Business Partners LP is 3.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Brookfield Business Partners LP (BBU)?
The operating margin of Brookfield Business Partners LP is 16.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Brookfield Business Partners LP (BBU)?
Revenue at Brookfield Business Partners LP is growing −4.5% versus a year earlier (3y avg −21.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Brookfield Business Partners LP (BBU)?
Earnings per share at Brookfield Business Partners LP are growing +80.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Brookfield Business Partners LP (BBU) carry?
The net debt of Brookfield Business Partners LP is $40.1B (fiscal year 2025, ≈ 34.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Sep 24, 2026