Installed Building Products, Inc. logo IBP - Installed Building Products, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 10
HOLD 16
SELL 1
STRONG
SELL
0
| PRICE TARGET: $252.60 DETAILS
HIGH: $355.00
LOW: $200.00
MEDIAN: $240.00
CONSENSUS: $252.60
UPSIDE: 12.66%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Overvalued Strong
Trading 40.1% above fair value
Current Price $224.21
Bear Case $117.34 47.7% downside ($117.34 - $224.21) / $224.21 = -47.7% $8.61 × 14x + net cash
Fair Value $160.01 28.6% downside ($160.01 - $224.21) / $224.21 = -28.6% $8.61 × 18x + net cash
Bull Case $202.68 9.6% downside ($202.68 - $224.21) / $224.21 = -9.6% $8.61 × 22x + net cash

Adjust Assumptions

18.0x
8.61$

Key Value Driver

Through-cycle normalized EPS ($8.61)

Implied Market Multiple 26.0x

Plain-Language Summary

Our base-case estimate uses Normalized Earnings × Cycle Multiple. We then blend that result with the average analyst price target of $252.60 from 27 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $160.01 per share.

Warnings

This company has a built-in lending arm whose debt is mixed in with the main business. We capped the debt adjustment to avoid overstating what the core business owes.
Wall Street's average price target is $252.60 (from 27 analysts). Our estimate is 49% below the consensus -- consider that gap carefully.

Key Risks

  • Standard 10-year DCF produces unreliable terminal values for cyclicals
  • 'Cheap' P/E at cycle peak is the most common value trap — normalize first
  • Captive finance subsidiaries have different risk profiles from manufacturing