Haemonetics Corporation logo HAE - Haemonetics Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 10
SELL 0
STRONG
SELL
0
| PRICE TARGET: $80.33 DETAILS
HIGH: $89.00
LOW: $67.00
MEDIAN: $85.00
CONSENSUS: $80.33
UPSIDE: 1.97%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Strong
Trading 48.6% above fair value
Current Price $78.78
Bear Case $42.41 46.2% downside ($42.41 - $78.78) / $78.78 = -46.2% $2.80 × 13x P/E
Fair Value $53.01 32.7% downside ($53.01 - $78.78) / $78.78 = -32.7% $2.80 × 16x P/E
Bull Case $63.61 19.3% downside ($63.61 - $78.78) / $78.78 = -19.3% $2.80 × 19x P/E

Adjust Assumptions

15.7x
2.8$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 28.1x

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 $80.33 from 21 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $53.01 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 $80.33 (from 21 analysts). Our estimate is 45% 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