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: $235.60 DETAILS
HIGH: $250.00
LOW: $200.00
MEDIAN: $242.00
CONSENSUS: $235.60
UPSIDE: 2.28%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Overvalued Strong
Trading 48.6% above fair value
Current Price $230.35
Bear Case $120.54 47.7% downside ($120.54 - $230.35) / $230.35 = -47.7% $8.61 × 14x
Fair Value $154.98 32.7% downside ($154.98 - $230.35) / $230.35 = -32.7% $8.61 × 18x
Bull Case $189.42 17.8% downside ($189.42 - $230.35) / $230.35 = -17.8% $8.61 × 22x

Adjust Assumptions

18.0x
8.61$

Key Value Driver

Through-cycle normalized EPS ($8.61)

Implied Market Multiple 26.8x

Plain-Language Summary

Using 7-year normalized EPS of $8.61 at a 18x cycle multiple, the base-case value is $154.98 per share.

Analyst Consensus (External Reference)

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

Average Target (27 analysts) $235.60
Analyst Range $200.00 – $250.00
Divergence from AlphaVal 34%

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 $235.60 (from 27 analysts). Our estimate is 34% 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