GPN - Global Payments Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$99.31
DETAILS
HIGH:
$125.00
LOW:
$80.00
MEDIAN:
$95.00
CONSENSUS:
$99.31
UPSIDE:
13.33%
AlphaVal
Deterministic, archetype-aware fair value
Banks, Insurers & Asset Managers
80% confidence
Primary model: P/Tangible Book × ROE Quality
Adjust Assumptions
88.6%
8.6%
Key Value Driver
ROTCE (88.6%) vs. cost of equity (8.6%)
Implied Market Multiple
13.76x
Plain-Language Summary
With ROTCE of 88.6% vs. 8.6% cost of equity, fair P/TBV is 4.00x on $6.37 tangible book, implying $82.94 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (63 analysts)
$99.31
Analyst Range
$80.00 – $125.00
Divergence from AlphaVal
16%
Warnings
Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.
Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.
Key Risks
- Book value quality matters as much as level — check loan loss reserves
- Interest rate sensitivity creates non-linear earnings surprises
- Insurance reserving is actuarial, not financial — errors emerge slowly