CDW - CDW Corporation
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$148.20
DETAILS
HIGH:
$180.00
LOW:
$123.00
MEDIAN:
$147.00
CONSENSUS:
$148.20
UPSIDE:
33.73%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
50% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
5.6%
11.0%
3.0%
Key Value Driver
FCF growth rate (6% base case)
Terminal Value % of EV
35%
Implied Market Multiple
18.3x
Plain-Language Summary
Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $148.20 from 18 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $103.02 per share.
Warnings
Wall Street's average price target is $148.20 (from 18 analysts). Our estimate is 41% 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