IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Andersons, Inc. (ANDE)

Wholesale-Farm Product Raw Materials

Latest Price
$71.68
TTM P/E
--
Normalized P/E
22.94
Div Yield
1.11%
Book Value
38.78
P/B Ratio
1.85

Valuation metrics

adjust assumptions →
EPS: $3.32
Book value / share: $36.25
Formula: √(22.5 × EPS × BVPS)
Graham Number
$52.04
27% downside
Norm. op. income: $161M (median of 7yr)
Tax rate: 19%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$16.41
77% downside
Base FCF: $182M (median of recent 5yr)
Growth: 5%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$69.16
4% downside
EPS: $3.32
Target P/E: 23×
Formula: EPS × P/E
P/E Fair Value
$76.36
+7% upside

Institutional Ownership

90.1% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.6.25M$427.0M18.36%+674.7K2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC2.45M$167.0M7.19%+30.6K2026-06-30
DIMENSIONAL FUND ADVISORS LP2.36M$161.0M6.92%+5.2K2026-06-30
Invesco Ltd.1.64M$112.0M4.81%+416.4K2026-06-30
STATE STREET CORP1.45M$99.0M4.27%+109.3K2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC1.45M$99.0M4.25%+9.8K2026-06-30
Rubric Capital Management LP999.6K$68.0M2.93%+143.7K2026-06-30
GEODE CAPITAL MANAGEMENT, LLC997.8K$68.0M2.93%+158.1K2026-06-30
Jupiter Topco LLC798.2K$54.0M2.34%--2026-06-30
JPMORGAN CHASE & CO559.5K$38.0M1.64%+201.8K2026-06-30
View all institutional holders →