COO
The Cooper Companies, Inc.
$54.37
Stable Earnings Power
80%
P/Adj-EPS × Normalized Multiple
Moderate
·
Conviction
Fair Value
Trading 20.7% below fair value
You pay
$54.37
Bear
$54.87
Fair
$68.59
Bull
$82.31
Bear
$54.87
+0.9%
$3.98 × 14x P/E
Fair
$68.59
+26.2%
$3.98 × 17x P/E
Bull
$82.31
+51.4%
$3.98 × 21x P/E
Adjust Assumptions
17.2x
3.98$
Key Value Driver
Normalized P/E multiple (17x base case)
Implied Market Multiple
13.7x
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above.
Average Target (28 analysts)
$65.11
Divergence from AlphaVal
5%
Summary
Applying a 17x P/E to adjusted EPS of $3.98, the base-case value is $68.59 per share.
Warnings
The company's reported profits differ from official accounting profits by 113%. Check what costs are being left out of the adjusted number.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples