JBT Marel Corporation logo JBTM - JBT Marel Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 3
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $162.20 DETAILS
HIGH: $175.00
LOW: $150.00
MEDIAN: $165.00
CONSENSUS: $162.20
UPSIDE: 55.60%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Moderate
Trading 31.9% above fair value
Current Price $104.24
Bear Case $54.84 47.4% downside ($54.84 - $104.24) / $104.24 = -47.4% 5% stage 1 growth, 11% discount
Fair Value $79.04 24.2% downside ($79.04 - $104.24) / $104.24 = -24.2% 8% stage 1 growth, 11% discount
Bull Case $101.75 2.4% downside ($101.75 - $104.24) / $104.24 = -2.4% 11% stage 1 growth, 11% discount

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