CROWN HOLDINGS, INC. (CCK)

Metal Cans

Latest Price

$112.33

TTM P/E

16.14

Normalized P/E

33.73

Div Yield

1.09%

Book Value

25.92

P/B Ratio

4.33

Valuation metrics

EPS: $6.38

Book value / share: $26.44

Formula: √(22.5 × EPS × BVPS)

Graham Number

$61.61

45% downside

Norm. op. income: $1.3B (median of 7yr)

Tax rate: 24%

Discount rate: 10%

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

Earnings Power Value

$43.17

62% downside

Base FCF: $725M (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

$107.02

5% downside

EPS: $6.38

Target P/E: 34×

Formula: EPS × P/E

P/E Fair Value

$216.92

+93% upside

95.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	16.96M	$1.90B	15.34%	+1.06M	2026-06-30
FMR LLC	6.59M	$737.0M	5.96%	-1.02M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	5.34M	$597.0M	4.83%	-59.8K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	5.05M	$565.0M	4.57%	-21.5K	2026-06-30
STATE STREET CORP	3.54M	$396.0M	3.20%	+53.2K	2026-06-30
Invesco Ltd.	3.29M	$367.0M	2.97%	-326.4K	2026-06-30
FRANKLIN RESOURCES INC	3.03M	$338.0M	2.74%	+117.0K	2026-06-30
AQR CAPITAL MANAGEMENT LLC	2.83M	$314.0M	2.56%	-1.17M	2026-06-30
Swedbank AB	2.55M	$284.0M	2.30%	+4.7K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	2.33M	$260.0M	2.10%	+350.9K	2026-06-30