Korn Ferry logo KFY - Korn Ferry

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 6
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $85.25 DETAILS
HIGH: $94.00
LOW: $80.00
MEDIAN: $83.50
CONSENSUS: $85.25
UPSIDE: 16.73%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 63.0% below fair value
Current Price $73.03
Bear Case $126.04 72.6% upside ($126.04 - $73.03) / $73.03 = 72.6% 10% stage 1 growth, 11% discount
Fair Value $197.48 170.4% upside ($197.48 - $73.03) / $73.03 = 170.4% 16% stage 1 growth, 11% discount
Bull Case $278.98 282.0% upside ($278.98 - $73.03) / $73.03 = 282.0% 21% stage 1 growth, 11% discount

Adjust Assumptions

16.0%
11.0%
3.0%

Key Value Driver

FCF growth rate (16% base case)

Terminal Value % of EV 44%
Implied Market Multiple 11.4x
Market is pricing in (growth) 1.3% vs our 16.0% base

Plain-Language Summary

Using a two-stage FCF DCF with 16% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $197.48 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) $85.25
Analyst Range $80.00 – $94.00
Divergence from AlphaVal 132%

Warnings

ℹ Wall Street's average price target is $85.25 (from 11 analysts). Our estimate is 132% above 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