BEAZER HOMES USA INC (BZH)

Operative Builders

Latest Price

$33.35

TTM P/E

Normalized P/E

8.95

Div Yield

Book Value

43.27

P/B Ratio

0.77

Valuation metrics

EPS: $1.52

Book value / share: $41.96

Formula: √(22.5 × EPS × BVPS)

Graham Number

$37.88

+14% upside

Norm. op. income: $143M (median of 7yr)

Tax rate: 15%

Discount rate: 10%

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

Earnings Power Value

$48.20

+45% upside

Base FCF: $42M (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

$111.16

+233% upside

EPS: $1.52

Target P/E: 9×

Formula: EPS × P/E

P/E Fair Value

$13.68

59% downside

91.8% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	2.85M	$79.0M	10.41%	-36.6K	2026-06-30
DONALD SMITH & CO., INC.	2.81M	$78.0M	10.30%	-172.4K	2026-06-30
Capital World Investors	1.71M	$47.0M	6.24%	+46.6K	2026-06-30
Wealthspire Advisors, LLC	1.12M	$31.0M	4.09%	-10	2026-06-30
STATE STREET CORP	1.11M	$31.0M	4.08%	-94.7K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	1.09M	$30.0M	4.00%	-139.0K	2026-06-30
BOOTHBAY FUND MANAGEMENT, LLC	900.0K	$25.0M	3.29%	+889.0K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	899.3K	$25.0M	3.29%	-100.5K	2026-06-30
Mill Road Capital Management LLC	841.2K	$23.0M	3.08%	+3.2K	2026-06-30
COOPER CREEK PARTNERS MANAGEMENT LLC	711.0K	$19.0M	2.60%	--	2026-06-30