WK Kellogg Co logo KLG - WK Kellogg Co

Inactive Ticker KLG is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 0
HOLD 5
SELL 3
STRONG
SELL
0
| PRICE TARGET: $17.75 DETAILS
HIGH: $23.00
LOW: $11.00
MEDIAN: $18.50
CONSENSUS: $17.75
DOWNSIDE: 22.83%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Mild
Trading 1.5% above fair value
Current Price $23.00
Bear Case $18.67 18.8% downside ($18.67 - $23.00) / $23.00 = -18.8% $1.33 × 14x P/E
Fair Value $22.67 1.4% downside ($22.67 - $23.00) / $23.00 = -1.4% $1.33 × 17x P/E
Bull Case $26.67 15.9% upside ($26.67 - $23.00) / $23.00 = 15.9% $1.33 × 20x P/E

Adjust Assumptions

17.0x
1.33$

Key Value Driver

Normalized P/E multiple (17x base case)

Implied Market Multiple 17.2x

Plain-Language Summary

Applying a 17x P/E to adjusted EPS of $1.33, the base-case value is $22.67 per share.

Analyst Consensus (External Reference)

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

Average Target (8 analysts) $17.75
Analyst Range $11.00 – $23.00
Divergence from AlphaVal 28%

Warnings

The company's reported profits differ from official accounting profits by 61%. Check what costs are being left out of the adjusted number.
Wall Street's average price target is $17.75 (from 8 analysts). Our estimate is 28% above the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples