UGI Corporation logo UGI - UGI Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 3
SELL 2
STRONG
SELL
0
| PRICE TARGET: $43.00 DETAILS
HIGH: $46.00
LOW: $40.00
MEDIAN: $43.00
CONSENSUS: $43.00
UPSIDE: 12.51%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 85% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Moderate
Trading 22.7% below fair value
Current Price $38.22
Bear Case $43.26 13.2% upside ($43.26 - $38.22) / $38.22 = 13.2% $3.09 × 14x P/E
Fair Value $49.44 29.4% upside ($49.44 - $38.22) / $38.22 = 29.4% $3.09 × 16x P/E
Bull Case $55.62 45.5% upside ($55.62 - $38.22) / $38.22 = 45.5% $3.09 × 18x P/E

Adjust Assumptions

16.0x
3.09$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 12.4x

Plain-Language Summary

Applying a 16x P/E to adjusted EPS of $3.09, the base-case value is $49.44 per share. DDM cross-check: $22.48.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (10 analysts) $43.00
Analyst Range $40.00 – $46.00
Divergence from AlphaVal 15%

Warnings

Dividend-based valuation: $22.48 (below our primary estimate by 55%). Large gaps may signal the dividend doesn't reflect full earning power.

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