Rh logo RH - Rh

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 17
SELL 2
STRONG
SELL
0
| PRICE TARGET: $167.50 DETAILS
HIGH: $240.00
LOW: $130.00
MEDIAN: $155.00
CONSENSUS: $167.50
UPSIDE: 1.30%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Mild
Trading 0.3% above fair value
Current Price $165.35
Bear Case $144.22 12.8% downside ($144.22 - $165.35) / $165.35 = -12.8% $10.23 × 14x P/E
Fair Value $164.83 0.3% downside ($164.83 - $165.35) / $165.35 = -0.3% $10.23 × 16x P/E
Bull Case $185.43 12.1% upside ($185.43 - $165.35) / $165.35 = 12.1% $10.23 × 18x P/E

Adjust Assumptions

16.0x
10.23$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 16.2x

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 $167.50 from 37 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $164.83 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