Mesa Laboratories, Inc. logo MLAB - Mesa Laboratories, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $94.00 DETAILS
HIGH: $94.00
LOW: $94.00
MEDIAN: $94.00
CONSENSUS: $94.00
DOWNSIDE: 1.68%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 65% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 70.7% above fair value
Current Price $95.61
Bear Case $43.54 54.5% downside ($43.54 - $95.61) / $95.61 = -54.5% 3% stage 1 growth, 11% discount
Fair Value $56.02 41.4% downside ($56.02 - $95.61) / $95.61 = -41.4% 5% stage 1 growth, 11% discount
Bull Case $66.84 30.1% downside ($66.84 - $95.61) / $95.61 = -30.1% 7% stage 1 growth, 11% discount

Adjust Assumptions

5.3%
11.0%
3.0%

Key Value Driver

FCF growth rate (5% base case)

Terminal Value % of EV 35%
Implied Market Multiple 25.6x
Market is pricing in (growth) 12.3% vs our 5.3% 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 $94.00 from 8 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $56.02 per share.

Warnings

Stock-based employee pay equals 266% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $94.00 (from 8 analysts). Our estimate is 51% below the consensus -- consider that gap carefully.

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