CNM - Core & Main, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$24.00
DETAILS
HIGH:
$24.00
LOW:
$24.00
MEDIAN:
$24.00
CONSENSUS:
$24.00
DOWNSIDE:
42.95%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
85% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
5.4%
11.0%
3.0%
Key Value Driver
FCF growth rate (5% base case)
Terminal Value % of EV
35%
Implied Market Multiple
14.4x
Market is pricing in (growth)
4.6%
vs our 5.4% base
Plain-Language Summary
Using a two-stage FCF DCF with 5% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $45.48 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (14 analysts)
$24.00
Analyst Range
$24.00 – $24.00
Divergence from AlphaVal
89%
Warnings
Wall Street's average price target is $24.00 (from 14 analysts). Our estimate is 89% above 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