DOW - Dow Inc.
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$39.55
DETAILS
HIGH:
$51.00
LOW:
$27.00
MEDIAN:
$39.00
CONSENSUS:
$39.55
UPSIDE:
9.83%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
40% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
3.26$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
11.0x
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 $39.55 from 35 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $46.12 per share.
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