AlphaMadera's AlphaVal page computes Peapack-Gladstone Financial Corporation's fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag PGC as undervalued, fairly valued, or overvalued.

What is Peapack-Gladstone Financial Corporation's fair value?

Fair value for PGC is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value PGC?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from PGC's most recent reported fundamentals.

PGC - Peapack-Gladstone Financial Corporation

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $40.50 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Banks, Insurers & Asset Managers 85% confidence

Primary model: P/Tangible Book × ROE Quality

Valuation Signal Overvalued Moderate

Trading 34.1% above fair value

Current Price $42.83

Bear Case $22.37 47.8% downside ($22.37 - $42.83) / $42.83 = -47.8% ROTCE 4.6% → 0.30x TBV

Fair Value $31.95 25.4% downside ($31.95 - $42.83) / $42.83 = -25.4% ROTCE 6.1% → 0.49x TBV

Bull Case $41.53 3.0% downside ($41.53 - $42.83) / $42.83 = -3.0% ROTCE 7.0% → 0.70x TBV

Adjust Assumptions

Return on Tangible Equity

6.1%

Cost of Equity

8.3%

Key Value Driver

ROTCE (6.1%) vs. cost of equity (8.3%)

Implied Market Multiple 1.24x

Plain-Language Summary

Our base-case estimate uses P/Tangible Book × ROE Quality. We then blend that result with the average analyst price target of $40.50 from 7 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $31.95 per share.

Warnings

⚠ Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.

⚠ Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.

⚠ Return on equity (6.1%) is below the minimum investors require (8.3%). This means the bank is worth less than the net assets on its books.

ℹ Wall Street's average price target is $40.50 (from 7 analysts). Our estimate is 26% below the consensus -- consider that gap carefully.

Key Risks

Book value quality matters as much as level — check loan loss reserves
Interest rate sensitivity creates non-linear earnings surprises
Insurance reserving is actuarial, not financial — errors emerge slowly