Donnelley Financial Solutions, Inc. logo DFIN - Donnelley Financial Solutions, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 3
SELL 2
STRONG
SELL
0
| PRICE TARGET: $61.00 DETAILS
HIGH: $62.00
LOW: $60.00
MEDIAN: $61.00
CONSENSUS: $61.00
UPSIDE: 26.29%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Moderate
Trading 26.6% below fair value
Current Price $48.30
Bear Case $55.08 14.0% upside ($55.08 - $48.30) / $48.30 = 14.0% $3.06 × 18x P/E
Fair Value $65.79 36.2% upside ($65.79 - $48.30) / $48.30 = 36.2% $3.06 × 22x P/E
Bull Case $76.50 58.4% upside ($76.50 - $48.30) / $48.30 = 58.4% $3.06 × 25x P/E

Adjust Assumptions

21.5x
3.06$

Key Value Driver

Normalized P/E multiple (22x base case)

Implied Market Multiple 15.8x

Plain-Language Summary

Applying a 22x P/E to adjusted EPS of $3.06, the base-case value is $65.79 per share.

Analyst Consensus (External Reference)

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

Average Target (10 analysts) $61.00
Analyst Range $60.00 – $62.00
Divergence from AlphaVal 8%

Warnings

The company's reported profits differ from official accounting profits by 166%. 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