BJ's Wholesale Club Holdings, Inc. (BJ)

Retail-Variety Stores

Latest Price

$107.32

TTM P/E

23.48

Normalized P/E

26.47

TTM Div Yield

Fwd Div Yield

Book Value

17.40

P/B Ratio

6.17

Valuation metrics

EPS: $4.38

Book value / share: $16.95

Formula: √(22.5 × EPS × BVPS)

Graham Number

$40.87

62% downside

Norm. op. income: $642M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

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

Earnings Power Value

$33.75

68% downside

Base FCF: $390M (median of recent 5yr)

Growth: -15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$9.18

91% downside

EPS: $4.38

Target P/E: 26×

Formula: EPS × P/E

P/E Fair Value

$113.88

+7% upside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	12.47M	$1.09B	9.86%	+55.8K	2026-06-30
FMR LLC	9.80M	$854.0M	7.75%	+2.47M	2026-06-30
Victory Capital Management Inc	9.48M	$826.0M	7.50%	-1.77M	2026-06-30
Franklin Resources Inc	8.35M	$728.0M	6.60%	+1.23M	2026-06-30
Vanguard Portfolio Management LLC	5.94M	$517.0M	4.69%	-153.9K	2026-06-30
Vanguard Capital Management LLC	5.79M	$504.0M	4.58%	-105.3K	2026-06-30
State Street Corp	5.20M	$453.0M	4.11%	-277.0K	2026-06-30
Wellington Management Group LLP	3.28M	$286.0M	2.60%	+436.8K	2026-06-30
Geode Capital Management, LLC	3.22M	$280.0M	2.54%	+74.3K	2026-06-30
Kayne Anderson Rudnick Investment Management LLC	2.97M	$259.0M	2.35%	-571.2K	2026-06-30