NI
NiSource Inc
Price:  
39.10 
USD
Volume:  
5,927,126.00
United States | Multi-Utilities
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NiSource Intrinsic Value

25.30 %
Upside

What is the intrinsic value of NiSource?

As of 2026-09-29, the Intrinsic Value of NiSource Inc (NI) is 49.00 USD. This NiSource valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 39.10 USD, the upside of NiSource Inc is 25.30%.

The range of the Intrinsic Value is 31.04 - 81.43 USD

Is NiSource undervalued or overvalued?

Based on its market price of 39.10 USD and our intrinsic valuation, NiSource Inc (NI) is undervalued by 25.30%.

39.10 USD
Stock Price
49.00 USD
Intrinsic Value
Intrinsic Value Details

NiSource Intrinsic Value - Valuation Summary

Range Selected Upside
a
DCF (Growth 5y) 31.04 - 81.43 49.00 25.3%
DCF (Growth 10y) 44.52 - 101.29 64.81 65.8%
DCF (EBITDA 5y) 25.33 - 39.50 33.97 -13.1%
DCF (EBITDA 10y) 35.69 - 53.30 45.73 16.9%
Fair Value 47.20 - 47.20 47.20 20.71%
P/E 37.64 - 44.71 40.89 4.6%
EV/EBITDA 16.27 - 37.02 29.58 -24.3%
EPV 37.47 - 58.61 48.04 22.9%
DDM - Stable 21.61 - 48.28 34.95 -10.6%
DDM - Multi 36.08 - 61.13 45.23 15.7%

NiSource Intrinsic Value - Key Valuation Metrics

Market Cap (mil) 18,746.10
Beta -0.04
Outstanding shares (mil) 479.44
Enterprise Value (mil) 36,079.11
Market risk premium 4.60%
Cost of Equity 5.82%
Cost of Debt 4.47%
WACC 4.86%