Analyzing Cheniere Energy’s Current Valuation
Cheniere Energy (LNG) is trading at a forward EV-to-EBITDA multiple of 13.5x based on its projected earnings for 2019. Peers’ average forward valuation is ~11x. Cheniere Energy seems to be expensive compared to its peers. Cheniere Energy’s earnings are expected to grow more than 30% in 2019, according to analysts’ estimates, which is higher than many of its peers. The solid potential growth likely warrants the premium valuation.