RVTY Revvity, Inc.
$130.22
Stable Earnings Power 80%
P/Adj-EPS × Normalized Multiple
Strong · Conviction

Overvalued

Trading 147.6% above fair value

You pay $130.22
Bear $42.07
Fair $52.58
Bull $63.10
Bear $42.07 -67.7% $3.51 × 12x P/E
Fair $52.58 -59.6% $3.51 × 15x P/E
Bull $63.10 -51.5% $3.51 × 18x P/E

Adjust Assumptions

15.0x
3.51$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 37.1x

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above.

Average Target (29 analysts) $121.71
Divergence from AlphaVal 57%

Summary

Applying a 15x P/E to adjusted EPS of $3.51, the base-case value is $52.58 per share.

Warnings

The company's reported profits differ from official accounting profits by 69%. Check what costs are being left out of the adjusted number.
Wall Street's average price target is $121.71 (from 29 analysts). Our estimate is 57% below 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