Korn Ferry logo KFY - Korn Ferry

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 6
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $80.00 DETAILS
HIGH: $85.00
LOW: $75.00
MEDIAN: $80.00
CONSENSUS: $80.00
DOWNSIDE: 4.92%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 14.8% below fair value
Current Price $84.14
Bear Case $87.38 3.8% upside ($87.38 - $84.14) / $84.14 = 3.8% 3% stage 1 growth, 11% discount
Fair Value $98.72 17.3% upside ($98.72 - $84.14) / $84.14 = 17.3% 5% stage 1 growth, 11% discount
Bull Case $108.75 29.2% upside ($108.75 - $84.14) / $84.14 = 29.2% 6% stage 1 growth, 11% discount

Adjust Assumptions

4.9%
11.0%
3.0%

Key Value Driver

FCF growth rate (5% base case)

Terminal Value % of EV 34%
Implied Market Multiple 12.3x
Market is pricing in (growth) 2.4% vs our 4.9% 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 $98.72 per share.

Analyst Consensus (External Reference)

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

Average Target (11 analysts) $80.00
Analyst Range $75.00 – $85.00
Divergence from AlphaVal 23%

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