AlphaMadera's AlphaVal page computes Enterprise Financial Services Corp's fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag EFSC as undervalued, fairly valued, or overvalued.

What is Enterprise Financial Services Corp's fair value?

Fair value for EFSC is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value EFSC?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from EFSC's most recent reported fundamentals.

EFSC - Enterprise Financial Services Corp

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $68.00 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Banks, Insurers & Asset Managers 85% confidence

Primary model: P/Tangible Book × ROE Quality

Valuation Signal Fair Value Moderate

Trading 21.1% below fair value

Current Price $60.83

Bear Case $48.85 19.7% downside ($48.85 - $60.83) / $60.83 = -19.7% ROTCE 9.4% → 1.15x TBV

Fair Value $77.12 26.8% upside ($77.12 - $60.83) / $60.83 = 26.8% ROTCE 12.6% → 1.81x TBV

Bull Case $94.08 54.7% upside ($94.08 - $60.83) / $60.83 = 54.7% ROTCE 14.5% → 2.21x TBV

Adjust Assumptions

Return on Tangible Equity

12.6%

Cost of Equity

8.7%

Key Value Driver

ROTCE (12.6%) vs. cost of equity (8.7%)

Implied Market Multiple 1.39x

Plain-Language Summary

Our base-case estimate uses P/Tangible Book × ROE Quality. We then blend that result with the average analyst price target of $68.00 from 9 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $77.12 per share.

Warnings

⚠ Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.

⚠ Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.

Key Risks

Book value quality matters as much as level — check loan loss reserves
Interest rate sensitivity creates non-linear earnings surprises
Insurance reserving is actuarial, not financial — errors emerge slowly