SXI
Standex International Corporation
$285.01
Platform & Compounding FCF
50%
Two-stage FCF DCF
Strong
·
Conviction
Overvalued
Trading 253.6% above fair value
You pay
$285.01
Bear
$61.75
Fair
$80.61
Bull
$97.42
Bear
$61.75
-78.3%
4% stage 1 growth, 11% discount
Fair
$80.61
-71.7%
6% stage 1 growth, 11% discount
Bull
$97.42
-65.8%
8% stage 1 growth, 11% discount
Adjust Assumptions
6.3%
11.0%
3.0%
Key Value Driver
FCF growth rate (6% base case)
Terminal Value % of EV
36%
Implied Market Multiple
46.5x
Market is pricing in (growth)
20.2%
vs 6.3% base
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above.
Average Target (10 analysts)
$350.00
Divergence from AlphaVal
77%
Summary
Using a two-stage FCF DCF with 6% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $80.61 per share.
Warnings
Wall Street's average price target is $350.00 (from 10 analysts). Our estimate is 77% below the consensus -- consider that gap carefully.
Key Risks
- P/E alone misleads — earnings depressed by growth investment
- Cyclical or commodity businesses may be misclassified as platforms
- Terminal value dominance suggests sensitivity to long-run assumptions