Campbell Soup Company logo CPB - Campbell Soup Company

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 17
SELL 10
STRONG
SELL
0
| PRICE TARGET: $25.00 DETAILS
HIGH: $38.00
LOW: $18.00
MEDIAN: $23.50
CONSENSUS: $25.00
UPSIDE: 22.39%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 55.6% below fair value
Current Price $20.43
Bear Case $37.86 85.3% upside ($37.86 - $20.43) / $20.43 = 85.3% $3.11 × 14x P/E
Fair Value $45.96 125.0% upside ($45.96 - $20.43) / $20.43 = 125.0% $3.11 × 17x P/E
Bull Case $54.08 164.7% upside ($54.08 - $20.43) / $20.43 = 164.7% $3.11 × 20x P/E

Adjust Assumptions

17.0x
3.11$

Key Value Driver

Normalized P/E multiple (17x base case)

Implied Market Multiple 6.6x

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 $25.00 from 29 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $45.96 per share.

Warnings

The company's reported profits differ from official accounting profits by 55%. Check what costs are being left out of the adjusted number.
Dividend-based valuation: $22.71 (below our primary estimate by 57%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $25.00 (from 29 analysts). Our estimate is 112% above 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