Acuity Brands, Inc. logo AYI - Acuity Brands, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 14
HOLD 18
SELL 1
STRONG
SELL
0
| PRICE TARGET: $392.50 DETAILS
HIGH: $410.00
LOW: $375.00
MEDIAN: $392.50
CONSENSUS: $392.50
UPSIDE: 36.48%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 9.0% below fair value
Current Price $287.59
Bear Case $234.47 18.5% downside ($234.47 - $287.59) / $287.59 = -18.5% 6% stage 1 growth, 12% discount
Fair Value $316.14 9.9% upside ($316.14 - $287.59) / $287.59 = 9.9% 10% stage 1 growth, 12% discount
Bull Case $395.24 37.4% upside ($395.24 - $287.59) / $287.59 = 37.4% 13% stage 1 growth, 12% discount

Adjust Assumptions

9.7%
12.0%
3.0%

Key Value Driver

FCF growth rate (10% base case)

Terminal Value % of EV 34%
Implied Market Multiple 18.6x

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 $392.50 from 33 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $316.14 per share.

Warnings

Wall Street's average price target is $392.50 (from 33 analysts). Our estimate is 28% below 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