COMMERCIAL METALS Co (CMC)

Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

Latest Price

$64.16

TTM P/E

12.13

Normalized P/E

11.70

TTM Div Yield

1.18%

Fwd Div Yield

1.25%

Book Value

40.97

P/B Ratio

1.57

Valuation metrics

EPS: $5.86

Book value / share: $42.58

Formula: √(22.5 × EPS × BVPS)

Graham Number

$74.92

+14% upside

Norm. op. income: $684M (median of 7yr)

Tax rate: 23%

Discount rate: 10%

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

Earnings Power Value

$25.81

61% downside

Base FCF: $479M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$51.96

21% downside

EPS: $5.86

Target P/E: 12×

Formula: EPS × P/E

P/E Fair Value

$70.32

+7% upside

93.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	15.22M	$954.0M	13.80%	+458.2K	2026-06-30
State Street Corp	6.92M	$434.0M	6.27%	-352.9K	2026-06-30
Dimensional Fund Advisors LP	6.73M	$422.0M	6.10%	+106.4K	2026-06-30
FMR LLC	6.06M	$380.0M	5.49%	+1.09M	2026-06-30
Vanguard Portfolio Management LLC	5.85M	$366.0M	5.30%	+80.6K	2026-06-30
Vanguard Capital Management LLC	4.99M	$313.0M	4.52%	+32.8K	2026-06-30
Boston Partners	3.74M	$235.0M	3.39%	+157.1K	2026-06-30
Geode Capital Management, LLC	3.07M	$192.0M	2.78%	-289.9K	2026-06-30
Invesco Ltd.	2.48M	$155.0M	2.24%	+399.9K	2026-06-30
Victory Capital Management Inc	2.02M	$126.0M	1.83%	-113.1K	2026-06-30