Rh logo RH - Rh

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 16
SELL 3
STRONG
SELL
0
| PRICE TARGET: $196.14 DETAILS
HIGH: $283.00
LOW: $160.00
MEDIAN: $180.00
CONSENSUS: $196.14
UPSIDE: 43.78%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Moderate
Trading 21.3% below fair value
Current Price $136.42
Bear Case $151.74 11.2% upside ($151.74 - $136.42) / $136.42 = 11.2% $10.23 × 14x P/E
Fair Value $173.42 27.1% upside ($173.42 - $136.42) / $136.42 = 27.1% $10.23 × 16x P/E
Bull Case $195.10 43.0% upside ($195.10 - $136.42) / $136.42 = 43.0% $10.23 × 18x P/E

Adjust Assumptions

16.0x
10.23$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 13.3x

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 $196.14 from 37 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $173.42 per share.

Warnings

The company's reported profits differ from official accounting profits by 62%. Check what costs are being left out of the adjusted number.

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