Kinder Morgan Kansas Inc. (KMIC34) fair value: what the stock is really worth
We calculate from audited financials what Kinder Morgan Kansas Inc. is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch Kinder Morgan Kansas Inc. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range R$13.52 – R$162.82 · fair‑value band R$17.83 – R$25.56 · the R$54.30 price screens above the R$21.05 fair value. Dashed = 300-day average. As of Sep 13, 2026.
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments.
Show more
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel and feedstocks, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1997 and is headquartered in Houston, Texas.
Stock analysis
Kinder Morgan Kansas Inc. (KMIC34) currently trades at R$54.30, while our model-based Fair Value estimate is R$21.05, implying the stock looks roughly 157.9% overvalued today.
Show more
Valuation
Bull case: the Dividend Discount group reads highest at a median of R$5.09 per share, and 0 of the 20 models we run sit above the R$54.30 price.
Bear case: the Multiples group reads lowest at R$3.04, and 20 of the 20 models stay below the price. Evidence for this calculation is high.
Scenario range: R$17.83 (bear) to R$25.56 (bull), the price of R$54.30 sits above 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 60/100 (solid quality), in the Energy sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Kinder Morgan Kansas Inc. reported revenue of $16.9B in FY2025 versus $16.6B in FY2021, a compound +0.5%/yr. Reported net income was $3.1B in FY2025, compounding +14.4%/yr from FY2021.
Key figures
Market cap R$364B (≈ $70.9B) · P/E ratio 21.1 · P/S ratio 3.81 · EPS (TTM) R$7.73 · Dividend yield 0.7% · Net margin 18.0% · Return on equity 10.6% · Return on assets (EBIT) 5.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 70% below its 52-week high, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −37% fair-value upside, at −61%, KMIC34 screens richer than that median.
Fair Value models
Bear R$17.83Fair Value R$21.05Bull R$25.56
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. Based on fiscal year 2025 figures (about 8 months old). Earnings retained since then (R$4.62 per share) are deliberately not added.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.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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+12.2%
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.
−4.1%
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.
+7.7%
Revenue growth 7 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.
+2.6%
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+12.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.8%
Dividend (yield on the price)0.7%
Profit margin 2020 to 2025 ⓘ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.13% → 29%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
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).
+31.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.1%
Yearly sales growth analysts expect, extended to five years.
News mood ⓘNews mood, the average tone of recent news (98 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Compare Kinder Morgan Kansas Inc. with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Oil & Gas Midstream · 88 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Top 25%
Profitability
Return on equity (TTM)11% · Above median
Return on assets4% · Above median
Net margin (TTM)19% · Above median
Operating margin (TTM)30% · Above median
Growth and dividend
Revenue growth14% · Above median
Dividend yield (TTM)0.7% · Bottom 25%
Balance sheet
Debt / equity0.99× · Above median
Valuation Multiplesvs Oil & Gas Midstream median · lower = cheaper
P/E (TTM)21.1× · Pricier than median
P/B2.28× · Pricier than median
P/S (TTM)4.05× · Pricier than median
P/FCF24.5× · Priciest 25%
EV/EBITDA13.7× · Priciest 25%
PEG3.73× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)69· sector 48
PAST (return on equity)42· sector 42
HEALTH (low debt)51· sector 54
DIVIDEND (yield)14· sector 77
VALUE 0: the price sits above our fair-value range.
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). "Kinder Morgan Kansas Inc. Fair Value". https://www.fairvalue-calculator.com/stock/KMIC34
Frequently asked questions
Is Kinder Morgan Kansas Inc. (KMIC34) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of R$21.05 versus a price of R$54.30, about −61% upside (overvalued).
What is the fair value of KMIC34?
Our model-based fair value for Kinder Morgan Kansas Inc. is R$21.05 (as of Sep 13, 2026), built from audited fundamentals. The current price: R$54.30.
What is the quality score of KMIC34?
Kinder Morgan Kansas Inc. has a Quality Score of 60/100. 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 Kinder Morgan Kansas Inc. (KMIC34)?
Our model-based price target is the fair value of R$21.05 (as of Sep 13, 2026) from 23 valuation models. Cautious scenario R$17.83, optimistic scenario R$25.56. It is a calculation from audited fundamentals, not an analyst target.
What is the Kinder Morgan Kansas Inc. stock forecast for 2026?
Our models put fair value at R$21.05, about −61% upside versus a price of R$54.30 (overvalued). Cautious scenario R$17.83, optimistic scenario R$25.56. The calculation is refreshed regularly with new filings.
What is the revenue of Kinder Morgan Kansas Inc. (KMIC34)?
Kinder Morgan Kansas Inc. reported trailing-twelve-month revenue of about R$17.5B (latest available figure, as of Sep 13, 2026).
Does Kinder Morgan Kansas Inc. pay a dividend?
Kinder Morgan Kansas Inc. currently shows a dividend yield of about 0.72% relative to its recent price (as of Sep 13, 2026).
What growth is priced into Kinder Morgan Kansas Inc. (KMIC34)?
For today's price to be fair in a discounted-cash-flow model, Kinder Morgan Kansas Inc. would have to grow free cash flow by +31.3 % per year for five years (discount rate 10.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.7 % per year. As of Sep 13, 2026.
What discount rate (WACC) does the fair value of KMIC34 use?
Our models discount Kinder Morgan Kansas Inc. at 10.8 %: a base by market capitalisation (large), damped by beta 0.53, country premium for Brazil. 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 Kinder Morgan Kansas Inc. that is +31.3 % per year a year over ten years, using the same discount rate (10.8 %) and the same formula as our fair value.
How much growth has Kinder Morgan Kansas Inc. (KMIC34) delivered so far?
Over the past 5 years revenue at Kinder Morgan Kansas Inc. grew +7.7 % a year. The price currently implies +31.3 % 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 Kinder Morgan Kansas Inc. (KMIC34) growing?
The median revenue growth in the sector is +1.9 % a year. That is the yardstick for the growth priced into Kinder Morgan Kansas Inc. (+31.3 % 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 Kinder Morgan Kansas Inc. (KMIC34)?
The free-cash-flow yield on the price is 2.39 %: that much free cash flow Kinder Morgan Kansas Inc. produces per unit of market value. When it exceeds the discount rate of our models (10.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Kinder Morgan Kansas Inc. (KMIC34)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kinder Morgan Kansas Inc. it is R$21.05 per share (as of Sep 13, 2026), against a price of R$54.30. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Kinder Morgan Kansas Inc. stock overvalued or undervalued in 2026?
As of Sep 13, 2026, KMIC34 trades above its calculated fair value: price R$54.30, fair value R$21.05, a gap of about −61% (overvalued). 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 KMIC34?
No. The price is what the market pays today (R$54.30); the fair value is what the company's own numbers justify (R$21.05). For Kinder Morgan Kansas Inc. the two are R$33.25 per share apart. That gap is exactly why we show both numbers side by side.
How much is Kinder Morgan Kansas Inc. worth?
The market values Kinder Morgan Kansas Inc. at about R$364B (market capitalisation, as of Sep 13, 2026). Per share that is R$54.30; our models calculate a fair value of R$21.05 per share.
What do the bullish and bearish scenarios say about KMIC34?
Our models span a range for Kinder Morgan Kansas Inc.: cautious scenario R$17.83, base R$21.05, optimistic R$25.56 per share (as of Sep 13, 2026, price R$54.30). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KMIC34?
Kinder Morgan Kansas Inc. trades at a price-to-earnings ratio of 21.1 (as of Sep 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$21.05 is built from several models across several years. Other multiples: PEG 3.7, P/B 2.3, P/S 4.0, EV/EBITDA 13.7.
What is the PEG ratio of KMIC34?
The PEG ratio of Kinder Morgan Kansas Inc. is 3.73 (P/E divided by earnings growth, as of Sep 13, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Kinder Morgan Kansas Inc. (KMIC34)?
Balance-sheet figures for Kinder Morgan Kansas Inc. (as of Sep 13, 2026): return on equity 10.6%, debt of 0.99 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is KMIC34 from its 52-week high?
Kinder Morgan Kansas Inc. trades at R$54.30, about 70% below its 52-week high of R$178.12 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of R$21.05 is for.
Which stocks are comparable to Kinder Morgan Kansas Inc.?
From the same area (Energy) we also value Enbridge Inc, The Williams Companies, Inc, Enterprise Products Partners L.P., TC Energy Corporation, 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 Kinder Morgan Kansas Inc. stock attractive at the current price?
The data as of Sep 13, 2026: price R$54.30, calculated fair value R$21.05 (−61%), Quality Score 60/100, from 23 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 KMIC34 calculated?
We run Kinder Morgan Kansas Inc. through 23 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 R$21.05, 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 15.8 % above its aggregate fair value. Kinder Morgan Kansas Inc. itself currently trades above fair value. 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 should I pay attention to with Kinder Morgan Kansas Inc. right now?
The price sits above even our optimistic bull case (R$25.56). The favourable scenario is already priced in. Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Kinder Morgan Kansas Inc.
How large is the market capitalisation of Kinder Morgan Kansas Inc. (KMIC34)?
The market capitalisation of Kinder Morgan Kansas Inc. is R$364B (≈ $70.9B). 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 Kinder Morgan Kansas Inc. (KMIC34)?
The price-to-sales ratio of Kinder Morgan Kansas Inc. is 3.81 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Kinder Morgan Kansas Inc. (KMIC34)?
Earnings per share at Kinder Morgan Kansas Inc. are R$7.73 (price ÷ EPS = P/E 21.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Kinder Morgan Kansas Inc. (KMIC34)?
The dividend yield of Kinder Morgan Kansas Inc. is 0.7% (payout 5.1%). 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 Kinder Morgan Kansas Inc. (KMIC34)?
The net margin of Kinder Morgan Kansas Inc. is 18.0% (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 Kinder Morgan Kansas Inc. (KMIC34)?
The return on equity (ROE) of Kinder Morgan Kansas Inc. is 10.6% (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 Kinder Morgan Kansas Inc. (KMIC34)?
On an EBIT basis the return on assets of Kinder Morgan Kansas Inc. is 5.7% (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 Kinder Morgan Kansas Inc. (KMIC34)?
The operating margin of Kinder Morgan Kansas Inc. is 29.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kinder Morgan Kansas Inc. (KMIC34)?
Revenue at Kinder Morgan Kansas Inc. is growing +13.8% versus a year earlier (3y avg −4.1%). 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 Kinder Morgan Kansas Inc. (KMIC34)?
Earnings per share at Kinder Morgan Kansas Inc. are growing +36.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Kinder Morgan Kansas Inc. (KMIC34) carry?
The net debt of Kinder Morgan Kansas Inc. is R$31.7B (fiscal year 2025, ≈ 11.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Kinder Morgan Kansas Inc. in the live analysis
One click puts Kinder Morgan Kansas Inc. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
