CorMedix Inc. logo CRMD - CorMedix Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $13.33 DETAILS
HIGH: $14.00
LOW: $13.00
MEDIAN: $13.00
CONSENSUS: $13.33
UPSIDE: 58.69%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 84.9% below fair value
Current Price $8.40
Bear Case $33.63 300.3% upside ($33.63 - $8.40) / $8.40 = 300.3% 10% stage 1 growth, 12% discount
Fair Value $55.70 563.1% upside ($55.70 - $8.40) / $8.40 = 563.1% 17% stage 1 growth, 12% discount
Bull Case $81.52 870.5% upside ($81.52 - $8.40) / $8.40 = 870.5% 22% stage 1 growth, 12% discount

Adjust Assumptions

17.2%
12.0%
3.0%

Key Value Driver

FCF growth rate (17% base case)

Terminal Value % of EV 40%
Implied Market Multiple 4.1x
Market is pricing in (growth) -13.2% vs our 17.2% 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 $13.33 from 8 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $55.70 per share.

Warnings

Wall Street's average price target is $13.33 (from 8 analysts). Our estimate is 397% 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