EBF - Ennis, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
65% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
1.66$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
13.3x
Plain-Language Summary
Applying a 15x P/E to adjusted EPS of $1.66, the base-case value is $24.90 per share. DDM cross-check: $14.61.
Warnings
Dividend-based valuation: $14.61 (below our primary estimate by 41%). Large gaps may signal the dividend doesn't reflect full earning power.
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