Innodata Inc. logo INOD - Innodata Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 3
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $120.00 DETAILS
HIGH: $120.00
LOW: $120.00
MEDIAN: $120.00
CONSENSUS: $120.00
UPSIDE: 103.80%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 345.3% above fair value
Current Price $58.88
Bear Case $11.95 79.7% downside ($11.95 - $58.88) / $58.88 = -79.7% 3% stage 1 growth, 12% discount
Fair Value $13.22 77.5% downside ($13.22 - $58.88) / $58.88 = -77.5% 5% stage 1 growth, 12% discount
Bull Case $14.38 75.6% downside ($14.38 - $58.88) / $58.88 = -75.6% 6% stage 1 growth, 12% discount

Adjust Assumptions

4.8%
12.0%
3.0%

Key Value Driver

FCF growth rate (5% base case)

Terminal Value % of EV 30%
Implied Market Multiple 67.6x
Market is pricing in (growth) 27.4% vs our 4.8% base

Plain-Language Summary

Using a two-stage FCF DCF with 5% growth decelerating over 15 years, discounted at 12%, the base-case intrinsic value is $13.22 per share.

Analyst Consensus (External Reference)

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

Average Target (6 analysts) $120.00
Analyst Range $120.00 – $120.00
Divergence from AlphaVal 89%

Warnings

⚠ Stock-based employee pay equals 35% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
ℹ Wall Street's average price target is $120.00 (from 6 analysts). Our estimate is 89% 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