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
UPSIDE: 1.77%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 10.1% below fair value
Current Price $78.61
Bear Case $81.97 4.3% upside ($81.97 - $78.61) / $78.61 = 4.3% 3% stage 1 growth, 11% discount
Fair Value $87.46 11.3% upside ($87.46 - $78.61) / $78.61 = 11.3% 4% stage 1 growth, 11% discount
Bull Case $94.54 20.3% upside ($94.54 - $78.61) / $78.61 = 20.3% 5% stage 1 growth, 11% discount

Adjust Assumptions

4.0%
11.0%
3.0%

Key Value Driver

FCF growth rate (4% base case)

Terminal Value % of EV 34%
Implied Market Multiple 12.0x
Market is pricing in (growth) 2.0% vs our 4.0% base

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 $80.00 from 11 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $87.46 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