AlphaMadera's AlphaVal page classifies Eagle Materials Inc. as a Cyclical & Capital-Intensive business and values it using Normalized Earnings × Cycle Multiple, then compares the result to the current market price to flag EXP as undervalued, fairly valued, or overvalued.

What is Eagle Materials Inc.'s fair value?

Fair value for EXP comes from a Normalized Earnings × Cycle Multiple model -- the approach AlphaVal selected for this company's Cyclical & Capital-Intensive classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value EXP?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. EXP was classified as Cyclical & Capital-Intensive and is valued using Normalized Earnings × Cycle Multiple, built from EXP's most recent reported fundamentals.

EXP - Eagle Materials Inc.

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $213.00 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Fair Value Moderate

Trading 22.5% below fair value

Current Price $182.97

Bear Case $183.68 0.4% upside ($183.68 - $182.97) / $182.97 = 0.4% $13.12 × 14x

Fair Value $236.16 29.1% upside ($236.16 - $182.97) / $182.97 = 29.1% $13.12 × 18x

Bull Case $288.64 57.7% upside ($288.64 - $182.97) / $182.97 = 57.7% $13.12 × 22x

Adjust Assumptions

Cycle P/E Multiple

18.0x

Normalized EPS

13.12$

Key Value Driver

Through-cycle normalized EPS ($13.12)

Terminal Value % of EV

Implied Market Multiple 13.9x

Market is pricing in (growth)

Plain-Language Summary

Using 7-year normalized EPS of $13.12 at a 18x cycle multiple, the base-case value is $236.16 per share. P/TBV cross-check: 6.3x.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (25 analysts) $213.00

Analyst Range $196.00 – $230.00

Divergence from AlphaVal 11%

Warnings

⚠ This company has a built-in lending arm whose debt is mixed in with the main business. We capped the debt adjustment to avoid overstating what the core business owes.

⚠ Price-to-book value of 6.3x is above the normal range for this type of business (0.7x-2.0x). The stock may already price in a strong cycle.

ℹ This company has heavy ongoing investment costs. Valuation shortcuts that ignore those costs can make the stock look cheaper than it really is.

Key Risks

Standard 10-year DCF produces unreliable terminal values for cyclicals
'Cheap' P/E at cycle peak is the most common value trap — normalize first
Captive finance subsidiaries have different risk profiles from manufacturing