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: $17.00 DETAILS
HIGH: $17.00
LOW: $17.00
MEDIAN: $17.00
CONSENSUS: $17.00
UPSIDE: 36.00%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Moderate
Trading 18.9% below fair value
Current Price $12.50
Bear Case $10.72 14.3% downside ($10.72 - $12.50) / $12.50 = -14.3% 6% stage 1 growth, 11% discount
Fair Value $15.42 23.3% upside ($15.42 - $12.50) / $12.50 = 23.3% 9% stage 1 growth, 11% discount
Bull Case $19.94 59.5% upside ($19.94 - $12.50) / $12.50 = 59.5% 12% stage 1 growth, 11% discount

Adjust Assumptions

9.3%
11.0%
3.0%

Key Value Driver

FCF growth rate (9% base case)

Terminal Value % of EV 38%
Implied Market Multiple 17.7x
Market is pricing in (growth) 7.4% vs our 9.3% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $17.00 from 6 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $15.42 per share.

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