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0.0% of simulations place fair value above current price
WHAT IS PRICED IN
Revenue-Based Reverse DCF
32.1%/yr
±4.4% · revenue growth to justify current price
FCF-Based Reverse DCF
29.1%/yr
±3.2% · FCF growth to justify current price
THE GAP
Market pricing margin expansion or capex normalization
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TECH flat organic growth stalled at flat. Margin compression from unfavorable product mix. Exosome divestiture successful at improving Diagnostics segment (10.4% margin post-divestiture vs 3.9% pre). ...