Columbia Sportswear Company logo COLM - Columbia Sportswear Company

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 9
HOLD 17
SELL 2
STRONG
SELL
0
| PRICE TARGET: $64.75 DETAILS
HIGH: $80.00
LOW: $47.00
MEDIAN: $66.00
CONSENSUS: $64.75
UPSIDE: 13.92%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 65% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Mild
Trading 9.5% below fair value
Current Price $56.84
Bear Case $50.23 11.6% downside ($50.23 - $56.84) / $56.84 = -11.6% $4.19 × 12x P/E
Fair Value $62.79 10.5% upside ($62.79 - $56.84) / $56.84 = 10.5% $4.19 × 15x P/E
Bull Case $75.35 32.6% upside ($75.35 - $56.84) / $56.84 = 32.6% $4.19 × 18x P/E

Adjust Assumptions

15.0x
4.19$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 13.6x

Plain-Language Summary

Applying a 15x P/E to adjusted EPS of $4.19, the base-case value is $62.79 per share. DDM cross-check: $17.31.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (28 analysts) $64.75
Analyst Range $47.00 – $80.00
Divergence from AlphaVal 3%

Warnings

Dividend-based valuation: $17.31 (below our primary estimate by 72%). Large gaps may signal the dividend doesn't reflect full earning power.

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