EIX - Edison International
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$74.17
DETAILS
HIGH:
$79.00
LOW:
$62.00
MEDIAN:
$77.50
CONSENSUS:
$74.17
UPSIDE:
4.20%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
85% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
16.0x
11.55$
Key Value Driver
Normalized P/E multiple (16x base case)
Implied Market Multiple
6.2x
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 $74.17 from 37 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $151.61 per share.
Warnings
Dividend-based valuation: $104.25 (below our primary estimate by 44%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $74.17 (from 37 analysts). Our estimate is 149% above 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