The Andersons, Inc. logo ANDE - The Andersons, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 9
SELL 0
STRONG
SELL
0
| PRICE TARGET: $82.50 DETAILS
HIGH: $90.00
LOW: $75.00
MEDIAN: $82.50
CONSENSUS: $82.50
UPSIDE: 12.72%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Moderate
Trading 25.5% above fair value
Current Price $73.19
Bear Case $48.04 34.4% downside ($48.04 - $73.19) / $73.19 = -34.4% $2.96 × 14x P/E
Fair Value $58.33 20.3% downside ($58.33 - $73.19) / $73.19 = -20.3% $2.96 × 17x P/E
Bull Case $68.63 6.2% downside ($68.63 - $73.19) / $73.19 = -6.2% $2.96 × 20x P/E

Adjust Assumptions

17.0x
2.96$

Key Value Driver

Normalized P/E multiple (17x base case)

Implied Market Multiple 24.7x

Plain-Language 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 $82.50 from 21 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $58.33 per share.

Warnings

Dividend-based valuation: $13.87 (below our primary estimate by 72%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $82.50 (from 21 analysts). Our estimate is 39% 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