Acushnet Holdings Corp. logo GOLF - Acushnet Holdings Corp.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 17
SELL 1
STRONG
SELL
0
| PRICE TARGET: $94.75 DETAILS
HIGH: $100.00
LOW: $87.00
MEDIAN: $96.00
CONSENSUS: $94.75
DOWNSIDE: 13.18%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 227.6% above fair value
Current Price $109.14
Bear Case $17.59 83.9% downside ($17.59 - $109.14) / $109.14 = -83.9% 5% stage 1 growth, 11% discount
Fair Value $33.32 69.5% downside ($33.32 - $109.14) / $109.14 = -69.5% 8% stage 1 growth, 11% discount
Bull Case $47.80 56.2% downside ($47.80 - $109.14) / $109.14 = -56.2% 10% stage 1 growth, 11% discount

Adjust Assumptions

7.6%
11.0%
3.0%

Key Value Driver

FCF growth rate (8% base case)

Terminal Value % of EV 37%
Implied Market Multiple 75.2x
Market is pricing in (growth) 26.6% vs our 7.6% base

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 $94.75 from 21 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $33.32 per share.

Warnings

Wall Street's average price target is $94.75 (from 21 analysts). Our estimate is 86% 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