Haemonetics Corporation logo HAE - Haemonetics Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 10
SELL 0
STRONG
SELL
0
| PRICE TARGET: $75.33 DETAILS
HIGH: $89.00
LOW: $67.00
MEDIAN: $70.00
CONSENSUS: $75.33
UPSIDE: 15.03%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Moderate
Trading 26.5% above fair value
Current Price $65.49
Bear Case $41.41 36.8% downside ($41.41 - $65.49) / $65.49 = -36.8% $2.80 × 13x P/E
Fair Value $51.76 21.0% downside ($51.76 - $65.49) / $65.49 = -21.0% $2.80 × 16x P/E
Bull Case $62.11 5.2% downside ($62.11 - $65.49) / $65.49 = -5.2% $2.80 × 19x P/E

Adjust Assumptions

15.7x
2.8$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 23.4x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $75.33 from 21 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $51.76 per share.

Warnings

The company's reported profits differ from official accounting profits by 37%. Check what costs are being left out of the adjusted number.
Wall Street's average price target is $75.33 (from 21 analysts). Our estimate is 42% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples