Clearwater Paper Corp (CLW)

Paperboard Mills

Latest Price

$13.69

TTM P/E

105.31

Normalized P/E

3.83

TTM Div Yield

Fwd Div Yield

Book Value

49.24

P/B Ratio

0.28

Valuation metrics

Norm. op. income: $63M (median of 6yr)

Tax rate: 25%

Discount rate: 10%

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

Earnings Power Value

$9.63

30% downside

Base FCF: $117M (median of recent 5yr)

Growth: 0%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$67.90

+396% upside

94.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Southeastern Asset Management Inc	1.54M	$24.0M	9.54%	+14.1K	2026-06-30
BlackRock, Inc.	1.26M	$19.0M	7.82%	+41.3K	2026-06-30
Dimensional Fund Advisors LP	1.06M	$16.0M	6.58%	-223.3K	2026-06-30
Gate City Capital Management, LLC	938.5K	$14.0M	5.81%	--	2026-06-30
Readystate Asset Management LP	781.4K	$12.0M	4.84%	--	2026-06-30
Vanguard Capital Management LLC	694.9K	$10.0M	4.31%	+14.6K	2026-06-30
Parallax Volatility Advisers, L.P.	515.0K	$8.0M	3.19%	--	2026-06-30
JPMorgan Chase & Co	453.7K	$7.0M	2.81%	+278.7K	2026-06-30
AQR Capital Management LLC	420.8K	$6.0M	2.61%	+242.5K	2026-06-30
Invenomic Capital Management LP	420.4K	$6.0M	2.60%	+116.3K	2026-06-30