CWK - Cushman & Wakefield plc
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$18.40
DETAILS
HIGH:
$19.00
LOW:
$17.00
MEDIAN:
$19.00
CONSENSUS:
$18.40
UPSIDE:
42.75%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
75% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
0.6$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
21.6x
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 $18.40 from 16 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $11.30 per share.
Warnings
The company's reported profits differ from official accounting profits by 57%. Check what costs are being left out of the adjusted number.
Wall Street's average price target is $18.40 (from 16 analysts). Our estimate is 51% below 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