RVTY
Revvity, Inc.
$96.95
Stable Earnings Power
80%
P/Adj-EPS × Normalized Multiple
Moderate
·
Conviction
Overvalued
Trading 34.6% above fair value
You pay
$96.95
Bear
$57.61
Fair
$72.01
Bull
$86.42
Bear
$57.61
-40.6%
$3.98 × 12x P/E
Fair
$72.01
-25.7%
$3.98 × 15x P/E
Bull
$86.42
-10.9%
$3.98 × 18x P/E
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
24.4x
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 $108.88 from 29 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $72.01 per share.
Warnings
The company's reported profits differ from official accounting profits by 91%. Check what costs are being left out of the adjusted number.
Wall Street's average price target is $108.88 (from 29 analysts). Our estimate is 45% 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