Belden Inc. logo BDC - Belden Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 1
SELL 1
STRONG
SELL
0
| PRICE TARGET: $155.00 DETAILS
HIGH: $170.00
LOW: $140.00
MEDIAN: $155.00
CONSENSUS: $155.00
UPSIDE: 48.82%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Mild
Trading 7.2% above fair value
Current Price $104.15
Bear Case $67.92 34.8% downside ($67.92 - $104.15) / $104.15 = -34.8% 5% stage 1 growth, 11% discount
Fair Value $97.12 6.8% downside ($97.12 - $104.15) / $104.15 = -6.8% 9% stage 1 growth, 11% discount
Bull Case $125.16 20.2% upside ($125.16 - $104.15) / $104.15 = 20.2% 12% stage 1 growth, 11% discount

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 21.4x
Market is pricing in (growth) 9.9% 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) $155.00
Analyst Range $140.00 – $170.00
Divergence from AlphaVal 37%

Warnings

ℹ Wall Street's average price target is $155.00 (from 14 analysts). Our estimate is 37% 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