AlphaMadera's AlphaVal page classifies Black Knight, Inc. as a Platform & Compounding FCF business and values it using Two-stage FCF DCF, then compares the result to the current market price to flag BKI as undervalued, fairly valued, or overvalued.

What is Black Knight, Inc.'s fair value?

Fair value for BKI comes from a Two-stage FCF DCF model -- the approach AlphaVal selected for this company's Platform & Compounding FCF classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value BKI?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. BKI was classified as Platform & Compounding FCF and is valued using Two-stage FCF DCF, built from BKI's most recent reported fundamentals.

BKI - Black Knight, Inc.

Price: -- --

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong

Trading 185.3% above fair value

Current Price $75.78

Bear Case $16.76 77.9% downside ($16.76 - $75.78) / $75.78 = -77.9% 5% stage 1 growth, 11% discount

Fair Value $26.56 65.0% downside ($26.56 - $75.78) / $75.78 = -65.0% 9% stage 1 growth, 11% discount

Bull Case $35.84 52.7% downside ($35.84 - $75.78) / $75.78 = -52.7% 11% stage 1 growth, 11% discount

Adjust Assumptions

DCF Stage 1 Growth Rate

8.6%

Discount Rate (WACC)

11.0%

Terminal Growth Rate

3.0%

Key Value Driver

FCF growth rate (9% base case)

Terminal Value % of EV 38%

Implied Market Multiple 41.5x

Market is pricing in (growth) 18.7% vs our 8.6% 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 $26.56 per share.

Warnings

⚠ Stock-based employee pay equals 38% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.

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