908 Devices Inc. logo MASS - 908 Devices Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
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BUY 5
HOLD 0
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AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 43.5% below fair value
Current Price $7.28
Bear Case $10.31 41.6% upside ($10.31 - $7.28) / $7.28 = 41.6% $0.62 × 17x P/E
Fair Value $12.88 77.0% upside ($12.88 - $7.28) / $7.28 = 77.0% $0.62 × 21x P/E
Bull Case $15.46 112.3% upside ($15.46 - $7.28) / $7.28 = 112.3% $0.62 × 25x P/E

Adjust Assumptions

20.9x
0.62$

Key Value Driver

Normalized P/E multiple (21x base case)

Implied Market Multiple 11.8x

Plain-Language Summary

Applying a 21x P/E to adjusted EPS of $0.62, the base-case value is $12.88 per share.

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