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: $18.33 DETAILS
HIGH: $21.00
LOW: $16.00
MEDIAN: $18.50
CONSENSUS: $18.33
UPSIDE: 10.36%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Mild
Trading 15.0% above fair value
Current Price $16.61
Bear Case $11.56 30.4% downside ($11.56 - $16.61) / $16.61 = -30.4% $0.86 × 12x P/E
Fair Value $14.45 13.0% downside ($14.45 - $16.61) / $16.61 = -13.0% $0.86 × 15x P/E
Bull Case $17.33 4.4% upside ($17.33 - $16.61) / $16.61 = 4.4% $0.86 × 18x P/E

Adjust Assumptions

15.3x
0.86$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 19.3x

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 $18.33 from 16 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $14.45 per share.

Warnings

ℹ Wall Street's average price target is $18.33 (from 16 analysts). Our estimate is 28% 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