BWX Technologies, Inc. (BWXT)

Engines & Turbines

Latest Price

$148.53

TTM P/E

38.38

Normalized P/E

47.06

Div Yield

0.66%

Book Value

14.55

P/B Ratio

10.21

Valuation metrics

EPS: $3.58

Book value / share: $13.42

Formula: √(22.5 × EPS × BVPS)

Graham Number

$32.88

78% downside

Norm. op. income: $359M (median of 7yr)

Tax rate: 23%

Discount rate: 10%

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

Earnings Power Value

$13.55

91% downside

Base FCF: $212M (median of recent 5yr)

Growth: 18%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$86.12

42% downside

EPS: $3.58

Target P/E: 47×

Formula: EPS × P/E

P/E Fair Value

$168.26

+13% upside

94.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	12.12M	$2.36B	13.22%	-363.7K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	4.76M	$925.0M	5.18%	-136.2K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	4.14M	$805.0M	4.51%	+46.2K	2026-06-30
STATE STREET CORP	3.80M	$739.0M	4.14%	+50.4K	2026-06-30
JPMORGAN CHASE & CO	2.65M	$503.0M	2.89%	+622.3K	2026-06-30
FIRST TRUST ADVISORS LP	2.08M	$404.0M	2.26%	+684.5K	2026-06-30
ALKEON CAPITAL MANAGEMENT LLC	2.02M	$393.0M	2.21%	+283.4K	2026-06-30
FRANKLIN RESOURCES INC	1.93M	$375.0M	2.10%	+29.0K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	1.86M	$362.0M	2.03%	+67.2K	2026-06-30
Invesco Ltd.	1.84M	$357.0M	2.00%	-687.2K	2026-06-30