LeMaitre Vascular, Inc. logo LMAT - LeMaitre Vascular, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 14
HOLD 6
SELL 0
STRONG
SELL
0
| PRICE TARGET: $127.50 DETAILS
HIGH: $135.00
LOW: $120.00
MEDIAN: $127.50
CONSENSUS: $127.50
UPSIDE: 33.38%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 65% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 14.0% below fair value
Current Price $95.59
Bear Case $72.72 23.9% downside ($72.72 - $95.59) / $95.59 = -23.9% 9% stage 1 growth, 11% discount
Fair Value $111.21 16.3% upside ($111.21 - $95.59) / $95.59 = 16.3% 16% stage 1 growth, 11% discount
Bull Case $154.68 61.8% upside ($154.68 - $95.59) / $95.59 = 61.8% 20% stage 1 growth, 11% discount

Adjust Assumptions

15.5%
11.0%
3.0%

Key Value Driver

FCF growth rate (16% base case)

Terminal Value % of EV 43%
Implied Market Multiple 29.3x
Market is pricing in (growth) 14.1% vs our 15.6% 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 $127.50 from 20 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $111.21 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