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: $110.00 DETAILS
HIGH: $110.00
LOW: $110.00
MEDIAN: $110.00
CONSENSUS: $110.00
UPSIDE: 27.43%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Moderate
Trading 35.9% above fair value
Current Price $86.32
Bear Case $50.26 41.8% downside ($50.26 - $86.32) / $86.32 = -41.8% 3% stage 1 growth, 11% discount
Fair Value $63.49 26.4% downside ($63.49 - $86.32) / $86.32 = -26.4% 5% stage 1 growth, 11% discount
Bull Case $74.93 13.2% downside ($74.93 - $86.32) / $86.32 = -13.2% 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 18.7x
Market is pricing in (growth) 8.1% vs our 5.2% base

Plain-Language Summary

Using a two-stage FCF DCF with 5% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $63.49 per share.

Analyst Consensus (External Reference)

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

Average Target (13 analysts) $110.00
Analyst Range $110.00 – $110.00
Divergence from AlphaVal 42%

Warnings

Wall Street's average price target is $110.00 (from 13 analysts). Our estimate is 42% 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