DOV - Dover Corporation
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$237.08
DETAILS
HIGH:
$279.00
LOW:
$195.00
MEDIAN:
$240.00
CONSENSUS:
$237.08
UPSIDE:
12.95%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
40% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
8.96$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
23.4x
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 $237.08 from 28 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $160.11 per share.
Warnings
Dividend-based valuation: $30.01 (below our primary estimate by 78%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $237.08 (from 28 analysts). Our estimate is 43% 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