Carriage Services Inc (CSV)

Services-Personal Services

Latest Price

$35.82

TTM P/E

12.88

Normalized P/E

12.87

TTM Div Yield

1.26%

Fwd Div Yield

1.26%

Book Value

17.60

P/B Ratio

2.04

Valuation metrics

EPS: $3.25

Book value / share: $16.18

Formula: √(22.5 × EPS × BVPS)

Graham Number

$34.39

2% downside

Norm. op. income: $81M (median of 7yr)

Tax rate: 28%

Discount rate: 10%

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

Earnings Power Value

$36.56

+4% upside

Base FCF: $40M (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

$29.03

17% downside

EPS: $3.25

Target P/E: 13×

Formula: EPS × P/E

P/E Fair Value

$42.25

+20% upside

84.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
FMR LLC	2.38M	$91.0M	14.99%	+1.7K	2026-06-30
BlackRock, Inc.	1.10M	$42.0M	6.92%	+78.6K	2026-06-30
T. Rowe Price Investment Management, Inc.	726.0K	$27.0M	4.57%	+553.6K	2026-06-30
Vanguard Capital Management LLC	644.6K	$24.0M	4.06%	+6.5K	2026-06-30
Dimensional Fund Advisors LP	634.0K	$24.0M	3.99%	+23.6K	2026-06-30
Ameriprise Financial Inc	545.0K	$20.0M	3.43%	+29.0K	2026-06-30
Lsv Asset Management	542.9K	$20.0M	3.42%	-3.8K	2026-06-30
Renaissance Technologies LLC	437.1K	$16.0M	2.75%	+9.2K	2026-06-30
Geode Capital Management, LLC	380.3K	$14.0M	2.39%	+24.4K	2026-06-30
Polar Asset Management Partners Inc.	326.2K	$12.0M	2.05%	+71.9K	2026-06-30