Casella Waste Systems, Inc. logo CWST - Casella Waste Systems, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 10
HOLD 8
SELL 0
STRONG
SELL
0
| PRICE TARGET: $113.00 DETAILS
HIGH: $122.00
LOW: $104.00
MEDIAN: $113.00
CONSENSUS: $113.00
UPSIDE: 21.38%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Moderate
Trading 20.1% above fair value
Current Price $93.10
Bear Case $43.05 53.8% downside ($43.05 - $93.10) / $93.10 = -53.8% 9% stage 1 growth, 11% discount
Fair Value $77.55 16.7% downside ($77.55 - $93.10) / $93.10 = -16.7% 15% stage 1 growth, 11% discount
Bull Case $115.96 24.6% upside ($115.96 - $93.10) / $93.10 = 24.6% 19% stage 1 growth, 11% discount

Adjust Assumptions

15.0%
11.0%
3.0%

Key Value Driver

FCF growth rate (15% base case)

Terminal Value % of EV 43%
Implied Market Multiple 36.4x
Market is pricing in (growth) 17.0% vs our 15.0% base

Plain-Language Summary

Using a two-stage FCF DCF with 15% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $77.55 per share.

Analyst Consensus (External Reference)

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

Average Target (19 analysts) $113.00
Analyst Range $104.00 – $122.00
Divergence from AlphaVal 31%

Warnings

Wall Street's average price target is $113.00 (from 19 analysts). Our estimate is 31% below 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