Aon plc (AON)
Insurance Agents, Brokers & Service
Latest Price
$311.54
TTM P/E
17.17
Normalized P/E
25.02
Div Yield
0.98%
Book Value
44.89
P/B Ratio
6.94
Valuation metrics
adjust assumptions →EPS: $17.02
Book value / share: $43.08
Formula: √(22.5 × EPS × BVPS)
Graham Number
$128.44
59% downside
Norm. op. income: $3.7B (median of 7yr)
Tax rate: 18%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$78.22
75% downside
Base FCF: $3.0B (median of recent 5yr)
Growth: 10%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$278.08
11% downside
EPS: $17.02
Target P/E: 25×
Formula: EPS × P/E
P/E Fair Value
$425.50
+37% upside