Innodata Inc. logo INOD - Innodata Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 3
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $56.50 DETAILS
HIGH: $90.00
LOW: $23.00
MEDIAN: $56.50
CONSENSUS: $56.50
DOWNSIDE: 40.83%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 336.5% above fair value
Current Price $95.48
Bear Case $19.77 79.3% downside ($19.77 - $95.48) / $95.48 = -79.3% 3% stage 1 growth, 12% discount
Fair Value $21.88 77.1% downside ($21.88 - $95.48) / $95.48 = -77.1% 5% stage 1 growth, 12% discount
Bull Case $23.80 75.1% downside ($23.80 - $95.48) / $95.48 = -75.1% 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 111.4x

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 $56.50 from 6 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $21.88 per share.

Warnings

Stock-based employee pay equals 35% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $56.50 (from 6 analysts). Our estimate is 77% 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