ASH - Ashland Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$78.71
DETAILS
HIGH:
$85.00
LOW:
$75.00
MEDIAN:
$78.00
CONSENSUS:
$78.71
UPSIDE:
7.93%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
40% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
3.38$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
21.6x
Plain-Language Summary
Applying a 15x P/E to adjusted EPS of $3.38, the base-case value is $50.70 per share. DDM cross-check: $74.39.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (25 analysts)
$78.71
Analyst Range
$75.00 – $85.00
Divergence from AlphaVal
36%
Warnings
Dividend-based valuation: $74.39 (above our primary estimate by 47%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $78.71 (from 25 analysts). Our estimate is 36% 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