DOLLAR TREE, INC. (DLTR)

Retail-Variety Stores

Latest Price

$119.17

TTM P/E

14.60

Normalized P/E

260.20

Div Yield

Book Value

17.68

P/B Ratio

6.74

Valuation metrics

EPS: $6.22

Book value / share: $18.92

Formula: √(22.5 × EPS × BVPS)

Graham Number

$51.45

57% downside

Norm. op. income: $1.8B (median of 7yr)

Tax rate: 24%

Discount rate: 10%

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

Earnings Power Value

$59.62

50% downside

Base FCF: $1.2B (median of recent 5yr)

Growth: -12%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$22.22

81% downside

EPS: $6.22

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$93.30

22% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
FMR LLC	24.96M	$3.02B	13.30%	+5.47M	2026-06-30
BlackRock, Inc.	15.93M	$1.93B	8.49%	+103.8K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	11.89M	$1.44B	6.33%	-268.1K	2026-06-30
EdgePoint Investment Group Inc.	9.58M	$1.16B	5.11%	+1.28M	2026-06-30
STATE STREET CORP	8.94M	$1.08B	4.76%	-187.5K	2026-06-30
JANE STREET GROUP, LLC	8.86M	$1.07B	4.72%	+8.25M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	8.35M	$1.01B	4.45%	-144.3K	2026-06-30
T. Rowe Price Investment Management, Inc.	5.15M	$622.0M	2.74%	-983.0K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	5.00M	$602.0M	2.66%	-52.2K	2026-06-30
GOLDMAN SACHS GROUP INC	4.68M	$565.0M	2.49%	+1.75M	2026-06-30