Medpace Holdings, Inc. logo MEDP - Medpace Holdings, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 14
SELL 1
STRONG
SELL
0
| PRICE TARGET: $606.38 DETAILS
HIGH: $692.00
LOW: $515.00
MEDIAN: $610.00
CONSENSUS: $606.38
DOWNSIDE: 1.52%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 10.1% below fair value
Current Price $615.76
Bear Case $455.53 26.0% downside ($455.53 - $615.76) / $615.76 = -26.0% 8% stage 1 growth, 11% discount
Fair Value $684.99 11.2% upside ($684.99 - $615.76) / $615.76 = 11.2% 14% stage 1 growth, 11% discount
Bull Case $933.43 51.6% upside ($933.43 - $615.76) / $615.76 = 51.6% 18% stage 1 growth, 11% discount

Adjust Assumptions

13.8%
11.0%
3.0%

Key Value Driver

FCF growth rate (14% base case)

Terminal Value % of EV 42%
Implied Market Multiple 25.8x
Market is pricing in (growth) 12.4% vs our 13.9% base

Plain-Language Summary

Using a two-stage FCF DCF with 14% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $684.99 per share.

Analyst Consensus (External Reference)

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

Average Target (19 analysts) $606.38
Analyst Range $515.00 – $692.00
Divergence from AlphaVal 13%

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