ASH - Ashland Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$67.38
DETAILS
HIGH:
$75.00
LOW:
$58.00
MEDIAN:
$70.00
CONSENSUS:
$67.38
UPSIDE:
17.78%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
40% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
4.03$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
14.2x
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 $67.38 from 24 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $62.20 per share.
Warnings
Dividend-based valuation: $95.91 (above our primary estimate by 59%). Large gaps may signal the dividend doesn't reflect full earning power.
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