EverCommerce Inc. logo EVCM - EverCommerce Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 4
SELL 3
STRONG
SELL
0
| PRICE TARGET: $13.50 DETAILS
HIGH: $14.00
LOW: $13.00
MEDIAN: $13.50
CONSENSUS: $13.50
UPSIDE: 26.29%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Mild
Trading 8.3% above fair value
Current Price $10.69
Bear Case $6.58 38.5% downside ($6.58 - $10.69) / $10.69 = -38.5% 6% stage 1 growth, 11% discount
Fair Value $9.87 7.7% downside ($9.87 - $10.69) / $10.69 = -7.7% 10% stage 1 growth, 11% discount
Bull Case $13.14 22.9% upside ($13.14 - $10.69) / $10.69 = 22.9% 13% stage 1 growth, 11% discount

Adjust Assumptions

10.3%
11.0%
3.0%

Key Value Driver

FCF growth rate (10% base case)

Terminal Value % of EV 39%
Implied Market Multiple 26.2x

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $13.50 from 15 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $9.87 per share.

Warnings

Stock-based employee pay equals 162% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $13.50 (from 15 analysts). Our estimate is 36% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions