Darling Ingredients Inc. logo DAR - Darling Ingredients Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 20
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $65.33 DETAILS
HIGH: $75.00
LOW: $57.00
MEDIAN: $64.50
CONSENSUS: $65.33
UPSIDE: 11.48%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Moderate
Trading 21.5% below fair value
Current Price $58.60
Bear Case $61.45 4.9% upside ($61.45 - $58.60) / $58.60 = 4.9% $3.90 × 16x P/E
Fair Value $74.62 27.3% upside ($74.62 - $58.60) / $58.60 = 27.3% $3.90 × 20x P/E
Bull Case $87.79 49.8% upside ($87.79 - $58.60) / $58.60 = 49.8% $3.90 × 23x P/E

Adjust Assumptions

19.9x
3.9$

Key Value Driver

Normalized P/E multiple (20x base case)

Implied Market Multiple 15.0x

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 $65.33 from 25 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $74.62 per share.

Warnings

The company's reported profits differ from official accounting profits by 900%. Check what costs are being left out of the adjusted number.

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