Qiagen N.V. logo QGEN - Qiagen N.V.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 12
HOLD 18
SELL 0
STRONG
SELL
0
| PRICE TARGET: $45.17 DETAILS
HIGH: $59.00
LOW: $36.00
MEDIAN: $43.00
CONSENSUS: $45.17
UPSIDE: 28.43%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Mild
Trading 4.1% below fair value
Current Price $35.17
Bear Case $29.34 16.6% downside ($29.34 - $35.17) / $35.17 = -16.6% $2.20 × 12x P/E
Fair Value $36.68 4.3% upside ($36.68 - $35.17) / $35.17 = 4.3% $2.20 × 15x P/E
Bull Case $44.02 25.2% upside ($44.02 - $35.17) / $35.17 = 25.2% $2.20 × 18x P/E

Adjust Assumptions

15.0x
2.2$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 16.0x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $45.17 from 30 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $36.68 per share.

Warnings

The company pays out 203% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.
Wall Street's average price target is $45.17 (from 30 analysts). Our estimate is 27% below the consensus -- consider that gap carefully.

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