MRVI Maravai LifeSciences Holdings, Inc.
$4.40
Stable Earnings Power 40%
P/Adj-EPS × Normalized Multiple
Strong · Conviction

Undervalued

Trading 79.9% below fair value

You pay $4.40
Bear $18.79
Fair $21.92
Bull $25.05
Bear $18.79 +327.0% $1.86 × 12x P/E
Fair $21.92 +398.2% $1.86 × 14x P/E
Bull $25.05 +469.3% $1.86 × 16x P/E

Key Value Driver

Normalized P/E multiple (14x base case)

Implied Market Multiple 2.4x

Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $5.25 from 14 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $21.92 per share.

Warnings

Wall Street's average price target is $5.25 (from 14 analysts). Our estimate is 397% 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