The valuation targets for Emerson Electric Co. (EMR) are based on a dividend growth rate which is derived from the lowest calculated growth rate as indicated on the Value Line Investment Survey dated December 28, 2018 and applied to Edson Gould’s Altimeter. A graphical representation of the overvalued, fair value, and undervalued levels are below.
The above Altimeter translates into the following undervalued and overvalued ranges since 1977:
Below are the valuation targets for Emerson Electric Co. (EMR) for the next 10 years. Continue reading