Integra LifeSciences Holdings Corporation logo IART - Integra LifeSciences Holdings Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 11
SELL 4
STRONG
SELL
0
| PRICE TARGET: $20.50 DETAILS
HIGH: $25.00
LOW: $19.00
MEDIAN: $19.00
CONSENSUS: $20.50
UPSIDE: 20.96%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Moderate
Trading 15.8% above fair value
Current Price $16.95
Bear Case $11.71 30.9% downside ($11.71 - $16.95) / $16.95 = -30.9% $0.98 × 12x P/E
Fair Value $14.64 13.6% downside ($14.64 - $16.95) / $16.95 = -13.6% $0.98 × 15x P/E
Bull Case $17.57 3.7% upside ($17.57 - $16.95) / $16.95 = 3.7% $0.98 × 18x P/E

Adjust Assumptions

15.0x
0.98$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 17.4x

Plain-Language Summary

Applying a 15x P/E to adjusted EPS of $0.98, the base-case value is $14.64 per share.

Analyst Consensus (External Reference)

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

Average Target (26 analysts) $20.50
Analyst Range $19.00 – $25.00
Divergence from AlphaVal 29%

Warnings

Wall Street's average price target is $20.50 (from 26 analysts). Our estimate is 29% 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