Lincoln Electric Holdings, Inc. logo LECO - Lincoln Electric Holdings, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 7
HOLD 14
SELL 1
STRONG
SELL 0
| PRICE TARGET: $301.71 DETAILS
HIGH: $340.00
LOW: $250.00
MEDIAN: $300.00
CONSENSUS: $301.71
UPSIDE: 14.53%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Mild
Trading 3.3% above fair value
Current Price $263.43
Bear Case $168.48 36.0% downside ($168.48 - $263.43) / $263.43 = -36.0% 8% stage 1 growth, 11% discount
Fair Value $255.13 3.2% downside ($255.13 - $263.43) / $263.43 = -3.2% 13% stage 1 growth, 11% discount
Bull Case $346.29 31.5% upside ($346.29 - $263.43) / $263.43 = 31.5% 17% stage 1 growth, 11% discount

Adjust Assumptions

12.7%
11.0%
3.0%

Key Value Driver

FCF growth rate (13% base case)

Terminal Value % of EV 41%
Implied Market Multiple 28.9x

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 $301.71 from 22 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $255.13 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