Accel Entertainment, Inc. logo ACEL - Accel Entertainment, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 4
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $14.33 DETAILS
HIGH: $15.00
LOW: $14.00
MEDIAN: $14.00
CONSENSUS: $14.33
UPSIDE: 21.34%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 40.6% below fair value
Current Price $11.81
Bear Case $14.67 24.3% upside ($14.67 - $11.81) / $11.81 = 24.3% 5% stage 1 growth, 11% discount
Fair Value $19.89 68.4% upside ($19.89 - $11.81) / $11.81 = 68.4% 8% stage 1 growth, 11% discount
Bull Case $24.78 109.8% upside ($24.78 - $11.81) / $11.81 = 109.8% 11% stage 1 growth, 11% discount

Adjust Assumptions

8.3%
11.0%
3.0%

Key Value Driver

FCF growth rate (8% base case)

Terminal Value % of EV 37%
Implied Market Multiple 12.6x
Market is pricing in (growth) 2.7% vs our 8.3% base

Plain-Language Summary

Using a two-stage FCF DCF with 8% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $19.89 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (6 analysts) $14.33
Analyst Range $14.00 – $15.00
Divergence from AlphaVal 39%

Warnings

Wall Street's average price target is $14.33 (from 6 analysts). Our estimate is 39% above 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