ICF International, Inc. logo ICFI - ICF International, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $90.00 DETAILS
HIGH: $90.00
LOW: $90.00
MEDIAN: $90.00
CONSENSUS: $90.00
UPSIDE: 17.14%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Moderate
Trading 19.7% above fair value
Current Price $76.83
Bear Case $50.39 34.4% downside ($50.39 - $76.83) / $76.83 = -34.4% 3% stage 1 growth, 11% discount
Fair Value $64.21 16.4% downside ($64.21 - $76.83) / $76.83 = -16.4% 5% stage 1 growth, 11% discount
Bull Case $76.15 0.9% downside ($76.15 - $76.83) / $76.83 = -0.9% 7% stage 1 growth, 11% discount

Adjust Assumptions

5.2%
11.0%
3.0%

Key Value Driver

FCF growth rate (5% base case)

Terminal Value % of EV 35%
Implied Market Multiple 18.3x
Market is pricing in (growth) 7.8% vs our 5.2% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $90.00 from 13 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $64.21 per share.

Warnings

Wall Street's average price target is $90.00 (from 13 analysts). Our estimate is 36% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions