CYRX
Cryoport, Inc.
$17.03
Stable Earnings Power
40%
P/Adj-EPS × Normalized Multiple
Strong
·
Conviction
Undervalued
Trading 45.0% below fair value
You pay
$17.03
Bear
$24.77
Fair
$30.96
Bull
$37.16
Bear
$24.77
+45.5%
$1.40 × 18x P/E
Fair
$30.96
+81.8%
$1.40 × 22x P/E
Bull
$37.16
+118.2%
$1.40 × 27x P/E
Adjust Assumptions
22.1x
1.4$
Key Value Driver
Normalized P/E multiple (22x base case)
Implied Market Multiple
12.2x
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above.
Average Target (19 analysts)
$20.19
Divergence from AlphaVal
53%
Summary
Applying a 22x P/E to adjusted EPS of $1.40, the base-case value is $30.96 per share.
Warnings
Wall Street's average price target is $20.19 (from 19 analysts). Our estimate is 53% above the consensus -- consider that gap carefully.
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