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Cardinal Health, Inc. (CAH) Stock Analysis

Score B

Compounder · Grade D · Bullish

Healthcare · Medical Distribution

$203.41

Fair Value

$352.98

+73.5%

Conviction

9/10

Quality

D

Classification

Compounder

Investment Thesis

Price is above modeled value range. Quality supports holding but not attractive for new positions.

Appears undervalued but quality concerns keep the score lower.

For New Investors

Price above modeled value range

For Current Holders

Quantitative score: neutral

Buy if

  • Price drops 15-20% (improves asymmetry)
  • Bull scenario catalysts materialize
  • Market-wide correction creates opportunity

Sell if

  • Bear scenario triggers occur
  • Quality metrics deteriorate (ROIC declining)
  • Better alternatives emerge

Valuation

Fair Value estimate: $352.98 (+73.5%). Significantly undervalued.

PEG-Based EPS

$406.81

FCF DCF Model

$406.81

EV/EBITDA

$264.28

Blended Fair Value

$352.98

Confidence

High

Methods

PEG-Based EPS, FCF 2-Stage DCF, EV/EBITDA

Quality Analysis

D

55/120 points

Low Quality

ROE (3Y Avg)

4.4%

ROIC-WACC Spread

-2.3%

D/E Ratio

0.5x

Current Ratio

0.9x

Interest Coverage

11x

FCF Positive Years

3/3

Quality Flags

  • Low ROE: 4.4% (need >15%, got 0/20 pts)
  • ROIC spread: -2.3pp (got 0/25 pts)
  • Leverage: D/E 0.5x (11/15 pts)
  • Liquidity: Current Ratio 0.94 (9/10 pts)

Market Sentiment

Wall Street Consensus

$255.50

+25.6% Upside

15 analysts

Range: $235.00$275.00

Rating: Strong Buy

Our model is more cautious than Wall Street.

Trend & Technical

Bullish

Price ($203.01) is 6.5% above SMA 200 ($190.62). Bullish trend confirmed.

Technical Score90/100

Tech Score 90/100 — MOMENTUM ALIGNMENT. Healthy uptrend confirmed by RSI and MACD. Technical tailwind.

Risk & Reward

Asymmetry Ratio

10.00:1

Expected Return

+130.2%

Bull Upside

+200.0%

Bear Downside

-10.0%

Excellent asymmetry: >3:1 ratio. Upside significantly outweighs downside.

Verdict: Very Favorable

Scenario Analysis

Bear

Base

Bull

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Frequently Asked Questions

What is the fair value of CAH?

Based on our multi-method conviction analysis, the estimated fair value of Cardinal Health, Inc. (CAH) is $352.98. This is calculated by blending PEG-Based EPS, FCF 2-Stage DCF, EV/EBITDA and applying a quality premium of 0% based on the company's fundamentals. The confidence level of this estimate is high.

Is CAH a buy, sell, or hold?

CAH currently has a HOLD rating with a conviction score of 9/10. Price is above modeled value range. Quality supports holding but not attractive for new positions. Price above modeled value range.

Is CAH a high-quality stock?

Cardinal Health, Inc. has a quality grade of D (55/120 points), rated as Low Quality. Key metrics include ROE of 4.4%, ROIC-WACC spread of -2.3%, and D/E ratio of 0.5x.

What type of stock is CAH?

CAH is classified as a "compounder" in our framework. High P/E: 31.0x, Low dividend (reinvesting): 1.0%, Moderate growth: 12.4%, Compounder growth range: 12.4%, Consistent FCF: 3/3 years positive

What do Wall Street analysts say about CAH?

15 Wall Street analysts have a consensus price target of $255.50 for CAH, representing +25.6% upside. Targets range from $235.00 to $275.00. The consensus recommendation is "Strong Buy". Our model is more cautious than Wall Street.

What are the risks of investing in CAH?

The risk/reward asymmetry ratio for CAH is 10.00:1, rated as Very Favorable. Excellent asymmetry: >3:1 ratio. Upside significantly outweighs downside. The expected return is +130.2%, with bull case upside of +200.0% and bear case downside of -10.0%.

What is the current trend for CAH?

CAH is in a bullish trend. Price ($203.01) is 6.5% above SMA 200 ($190.62). Bullish trend confirmed. The technical score is 90/100.

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Last updated: May 19, 2026 · Framework version 3.7

This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.