Benchmark Electronics Inc (BHE)

Printed Circuit Boards

Latest Price

$70.70

TTM P/E

48.42

Normalized P/E

45.63

TTM Div Yield

Fwd Div Yield

Book Value

31.11

P/B Ratio

2.27

Valuation metrics

EPS: $0.68

Book value / share: $30.83

Formula: √(22.5 × EPS × BVPS)

Graham Number

$21.72

69% downside

Norm. op. income: $76M (median of 7yr)

Tax rate: 21%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$20.01

72% downside

Base FCF: $101M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$213.47

+202% upside

EPS: $0.68

Target P/E: 46×

Formula: EPS × P/E

P/E Fair Value

$31.28

56% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	5.88M	$579.0M	16.36%	+233.1K	2026-06-30
Vanguard Portfolio Management LLC	3.24M	$319.0M	9.01%	+95.2K	2026-06-30
Dimensional Fund Advisors LP	2.23M	$220.0M	6.21%	-262.6K	2026-06-30
American Century Companies Inc	1.87M	$184.0M	5.21%	+380.3K	2026-06-30
Earnest Partners LLC	1.64M	$161.0M	4.57%	-62.9K	2026-06-30
Vanguard Capital Management LLC	1.55M	$153.0M	4.33%	-4.7K	2026-06-30
State Street Corp	1.43M	$141.0M	3.99%	+47.8K	2026-06-30
Geode Capital Management, LLC	1.06M	$104.0M	2.95%	+157.6K	2026-06-30
Franklin Resources Inc	1.05M	$103.0M	2.93%	-1.71M	2026-06-30
Invesco Ltd.	1.01M	$99.0M	2.82%	+688.7K	2026-06-30