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Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 5
SELL 2
STRONG
SELL
0
| PRICE TARGET: $56.00 DETAILS
HIGH: $56.00
LOW: $56.00
MEDIAN: $56.00
CONSENSUS: $56.00
UPSIDE: 7.16%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 85% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Mild
Trading 10.0% above fair value
Current Price $52.26
Bear Case $41.58 20.4% downside ($41.58 - $52.26) / $52.26 = -20.4% $2.97 × 14x P/E
Fair Value $47.52 9.1% downside ($47.52 - $52.26) / $52.26 = -9.1% $2.97 × 16x P/E
Bull Case $53.46 2.3% upside ($53.46 - $52.26) / $52.26 = 2.3% $2.97 × 18x P/E

Adjust Assumptions

16.0x
2.97$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 17.6x

Plain-Language Summary

Applying a 16x P/E to adjusted EPS of $2.97, the base-case value is $47.52 per share. DDM cross-check: $47.28.

Analyst Consensus (External Reference)

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

Average Target (9 analysts) $56.00
Analyst Range $56.00 – $56.00
Divergence from AlphaVal 15%

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