JBTM - JBT Marel Corporation
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$162.20
DETAILS
HIGH:
$175.00
LOW:
$150.00
MEDIAN:
$165.00
CONSENSUS:
$162.20
UPSIDE:
55.60%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
85% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
8.3%
11.0%
3.0%
Key Value Driver
FCF growth rate (8% base case)
Terminal Value % of EV
37%
Implied Market Multiple
23.2x
Market is pricing in (growth)
11.0%
vs our 8.3% base
Plain-Language Summary
Using a two-stage FCF DCF with 8% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $79.04 per share.
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