As of June 21, 2025, Partners Value Investments LP's estimated intrinsic value ranges from $0.58 to $90.77 per share, depending on the valuation methodology applied.
| Valuation Method | Fair Value (USD) | Implied Upside/Downside |
|---|---|---|
| Discounted Cash Flow (5Y) | $0.58 | -99.6% |
| Dividend Discount Model (Multi-Stage) | $13.71 | -89.9% |
| Dividend Discount Model (Stable) | $50.48 | -62.9% |
| Earnings Power Value | $90.77 | -33.3% |
Is Partners Value Investments LP (PVF.UN.V) undervalued or overvalued?
With the current market price at $136.00, the stock appears to be significantly overvalued.
Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate Partners Value Investments LP's intrinsic value, including:
The cost of capital is a critical factor in valuation models, representing the required return for investors.
| WACC Component | Low | High |
|---|---|---|
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.54 | 0.62 |
| Cost of equity | 6.6% | 8.7% |
| Cost of debt | 5.0% | 5.0% |
| Tax rate | 6.7% | 12.5% |
| Debt/Equity ratio | 0.19 | 0.19 |
| After-tax WACC | 6.3% | 8.0% |
Our DCF model projects cash flows over 5-year and 10-year horizons, with the following key assumptions:
| DCF Model | Fair Value | Enterprise Value | % from Terminal Value |
|---|---|---|---|
| 5-Year Growth | $0 | $1,069M | 87.2% |
| 10-Year Growth | $(1,234) | $1,032M | 73.7% |
| 5-Year EBITDA | $(1,234) | $631M | 78.3% |
| 10-Year EBITDA | $(1,234) | $670M | 59.5% |
The DDM values a company based on its expected future dividend payments. We used two approaches:
EPV assesses a company's value based on its current normalized earnings power, assuming no growth.
| EPV Component | Value |
|---|---|
| Normalized Earnings | $368M |
| Discount Rate (WACC) | 8.0% - 6.3% |
| Enterprise Value | $4,604M - $5,822M |
| Net Debt | $1,042M |
| Equity Value | $3,562M - $4,780M |
| Outstanding Shares | 62M |
| Fair Value | $57 - $77 |
| Selected Fair Value | $90.77 |
| Metric | Value |
|---|---|
| Market Capitalization | $8489M |
| Enterprise Value | $9904M |
| Trailing P/E | 91.26 |
| Forward P/E | 223.62 |
| Trailing EV/EBITDA | 15.55 |
| Current Dividend Yield | 14.31% |
| Dividend Growth Rate (5Y) | -16.89% |
| Debt-to-Equity Ratio | 0.19 |
To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:
| Valuation Method | Weight | Weighted Value |
|---|---|---|
| Discounted Cash Flow (5Y) | 36% | $0.15 |
| Dividend Discount Model (Multi-Stage) | 29% | $2.74 |
| Dividend Discount Model (Stable) | 21% | $7.57 |
| Earnings Power Value | 14% | $9.08 |
| Weighted Average | 100% | $27.91 |
Based on our comprehensive valuation analysis, Partners Value Investments LP's weighted average intrinsic value is $27.91, which is approximately 79.5% below the current market price of $136.00.
Key investment considerations:
Given these factors, we believe Partners Value Investments LP is currently significantly overvalued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.