Clean Harbors, Inc. logo CLH - Clean Harbors, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 17
HOLD 10
SELL 0
STRONG
SELL
0
| PRICE TARGET: $306.50 DETAILS
HIGH: $350.00
LOW: $248.00
MEDIAN: $311.50
CONSENSUS: $306.50
DOWNSIDE: 1.31%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 103.2% above fair value
Current Price $310.58
Bear Case $104.14 66.5% downside ($104.14 - $310.58) / $310.58 = -66.5% 5% stage 1 growth, 11% discount
Fair Value $152.82 50.8% downside ($152.82 - $310.58) / $310.58 = -50.8% 8% stage 1 growth, 11% discount
Bull Case $198.55 36.1% downside ($198.55 - $310.58) / $310.58 = -36.1% 11% stage 1 growth, 11% discount

Adjust Assumptions

8.3%
11.0%
3.0%

Key Value Driver

FCF growth rate (8% base case)

Terminal Value % of EV 37%
Implied Market Multiple 45.7x
Market is pricing in (growth) 20.0% vs our 8.3% base

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 $306.50 from 28 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $152.82 per share.

Warnings

Wall Street's average price target is $306.50 (from 28 analysts). Our estimate is 67% 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