BDC - Belden Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$162.50
DETAILS
HIGH:
$170.00
LOW:
$155.00
MEDIAN:
$162.50
CONSENSUS:
$162.50
UPSIDE:
32.64%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
50% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
9.2%
11.0%
3.0%
Key Value Driver
FCF growth rate (9% base case)
Terminal Value % of EV
38%
Implied Market Multiple
24.4x
Market is pricing in (growth)
11.7%
vs our 9.2% base
Plain-Language Summary
Using a two-stage FCF DCF with 9% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $97.12 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (14 analysts)
$162.50
Analyst Range
$155.00 – $170.00
Divergence from AlphaVal
40%
Warnings
Wall Street's average price target is $162.50 (from 14 analysts). Our estimate is 40% 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