New Fortress Energy Inc.

NasdaqGS:NFE Stock Report

Market Cap: US$2.3b

New Fortress Energy Valuation

Is NFE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NFE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NFE ($9.18) is trading below our estimate of fair value ($216.99)

Significantly Below Fair Value: NFE is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NFE?

Key metric: As NFE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NFE. This is calculated by dividing NFE's market cap by their current earnings.
What is NFE's PE Ratio?
PE Ratio12.2x
EarningsUS$189.24m
Market CapUS$2.29b

Price to Earnings Ratio vs Peers

How does NFE's PE Ratio compare to its peers?

The above table shows the PE ratio for NFE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.2x
STNG Scorpio Tankers
3.6x-31.7%US$2.6b
DKL Delek Logistics Partners
15.7x19.1%US$2.0b
DHT DHT Holdings
10.5x27.7%US$1.7b
HEP Holly Energy Partners
10.8x10.1%US$2.6b
NFE New Fortress Energy
12.2x8.4%US$2.3b

Price-To-Earnings vs Peers: NFE is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (10.2x).

Price to Earnings Ratio vs Industry

How does NFE's PE Ratio compare vs other companies in the US Oil and Gas Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
NFE 12.2xIndustry Avg. 11.7xNo. of Companies15PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NFE is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the US Oil and Gas industry average (11.8x).

Price to Earnings Ratio vs Fair Ratio

What is NFE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NFE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.2x
Fair PE Ratio11.6x

Price-To-Earnings vs Fair Ratio: NFE is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the estimated Fair Price-To-Earnings Ratio (11.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NFE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$9.18
US$19.96
+117.4%
47.4%US$35.00US$7.60n/a9
Nov ’25US$8.00
US$20.07
+150.8%
46.9%US$35.00US$7.60n/a9
Oct ’25US$9.68
US$23.07
+138.3%
41.5%US$35.00US$7.60n/a9
Sep ’25US$12.32
US$28.78
+133.6%
36.0%US$50.00US$17.00n/a9
Aug ’25US$18.73
US$34.67
+85.1%
20.4%US$50.00US$26.00n/a9
Jul ’25US$20.40
US$39.22
+92.3%
20.8%US$55.00US$27.00n/a9
Jun ’25US$25.35
US$38.80
+53.1%
21.0%US$55.00US$27.00n/a10
May ’25US$25.82
US$40.90
+58.4%
19.9%US$60.00US$32.00n/a10
Apr ’25US$30.12
US$42.50
+41.1%
18.0%US$60.00US$32.00n/a10
Mar ’25US$34.43
US$44.00
+27.8%
15.4%US$60.00US$32.00n/a10
Feb ’25US$32.41
US$44.09
+36.0%
17.7%US$60.00US$32.00n/a11
Jan ’25US$37.73
US$44.00
+16.6%
17.5%US$60.00US$32.00n/a11
Dec ’24US$39.71
US$42.70
+7.5%
20.8%US$60.00US$30.00n/a10
Nov ’24US$30.54
US$43.10
+41.1%
23.7%US$61.00US$30.00US$8.0010
Oct ’24US$32.78
US$43.00
+31.2%
24.0%US$61.00US$30.00US$9.6810
Sep ’24US$31.96
US$43.90
+37.4%
23.6%US$61.00US$30.00US$12.3210
Aug ’24US$28.55
US$49.82
+74.5%
19.9%US$61.00US$32.00US$18.7311
Jul ’24US$26.78
US$50.36
+88.1%
19.4%US$61.00US$31.00US$20.4011
Jun ’24US$27.86
US$52.91
+89.9%
14.8%US$61.00US$34.00US$25.3511
May ’24US$30.01
US$53.18
+77.2%
16.6%US$64.00US$34.00US$25.8211
Apr ’24US$29.43
US$54.60
+85.5%
16.1%US$70.00US$39.00US$30.1210
Mar ’24US$33.35
US$59.30
+77.8%
25.9%US$95.00US$43.00US$34.4310
Feb ’24US$40.48
US$66.73
+64.8%
19.0%US$95.00US$48.00US$32.4111
Jan ’24US$42.42
US$69.44
+63.7%
16.5%US$95.00US$53.00US$37.739
Dec ’23US$50.56
US$69.33
+37.1%
16.2%US$94.00US$53.00US$39.719
Nov ’23US$54.50
US$63.78
+17.0%
11.7%US$73.00US$48.00US$30.549

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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