Griffon Corporation logo GFF - Griffon Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 5
HOLD 0
SELL 1
STRONG
SELL
0
| PRICE TARGET: $122.50 DETAILS
HIGH: $125.00
LOW: $120.00
MEDIAN: $122.50
CONSENSUS: $122.50
UPSIDE: 24.29%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Overvalued Strong
Trading 293.9% above fair value
Current Price $98.56
Bear Case $19.46 80.3% downside ($19.46 - $98.56) / $98.56 = -80.3% $1.39 × 14x
Fair Value $25.02 74.6% downside ($25.02 - $98.56) / $98.56 = -74.6% $1.39 × 18x
Bull Case $30.58 69.0% downside ($30.58 - $98.56) / $98.56 = -69.0% $1.39 × 22x

Adjust Assumptions

18.0x
1.39$

Key Value Driver

Through-cycle normalized EPS ($1.39)

Implied Market Multiple 70.9x

Plain-Language Summary

Using 7-year normalized EPS of $1.39 at a 18x cycle multiple, the base-case value is $25.02 per share.

Analyst Consensus (External Reference)

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

Average Target (7 analysts) $122.50
Analyst Range $120.00 – $125.00
Divergence from AlphaVal 80%

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.
Wall Street's average price target is $122.50 (from 7 analysts). Our estimate is 80% below the consensus -- consider that gap carefully.

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