Bausch + Lomb Corporation logo BLCO - Bausch + Lomb Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 7
HOLD 8
SELL 1
STRONG
SELL 0
| PRICE TARGET: $18.88 DETAILS
HIGH: $21.00
LOW: $16.00
MEDIAN: $19.50
CONSENSUS: $18.88
UPSIDE: 18.59%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Mild
Trading 9.2% above fair value
Current Price $15.92
Bear Case $11.67 26.7% downside ($11.67 - $15.92) / $15.92 = -26.7% $0.86 × 12x P/E
Fair Value $14.58 8.4% downside ($14.58 - $15.92) / $15.92 = -8.4% $0.86 × 15x P/E
Bull Case $17.50 9.9% upside ($17.50 - $15.92) / $15.92 = 9.9% $0.86 × 18x P/E

Adjust Assumptions

15.3x
0.86$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 18.5x

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 $18.88 from 16 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $14.58 per share.

Warnings

ℹ Wall Street's average price target is $18.88 (from 16 analysts). Our estimate is 30% below the consensus -- consider that gap carefully.

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