CBRE Group, Inc. logo CBRE - CBRE Group, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 13
HOLD 6
SELL 1
STRONG
SELL
0
| PRICE TARGET: $180.50 DETAILS
HIGH: $185.00
LOW: $178.00
MEDIAN: $179.50
CONSENSUS: $180.50
UPSIDE: 37.71%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 75% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Moderate
Trading 22.3% above fair value
Current Price $131.07
Bear Case $85.70 34.6% downside ($85.70 - $131.07) / $131.07 = -34.6% $4.66 × 14x P/E
Fair Value $107.14 18.3% downside ($107.14 - $131.07) / $131.07 = -18.3% $4.66 × 18x P/E
Bull Case $128.55 1.9% downside ($128.55 - $131.07) / $131.07 = -1.9% $4.66 × 21x P/E

Adjust Assumptions

17.7x
4.66$

Key Value Driver

Normalized P/E multiple (18x base case)

Implied Market Multiple 28.1x

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 $180.50 from 20 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $107.14 per share.

Warnings

Wall Street's average price target is $180.50 (from 20 analysts). Our estimate is 54% 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