Daqo New Energy Corp. (DQ)

Semiconductors & Related Devices

Latest Price

$10.11

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

13.02

P/B Ratio

0.78

Valuation metrics

Norm. op. income: $188M (median of 7yr)

Tax rate: 19%

Discount rate: 10%

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

Earnings Power Value

$7.03

30% downside

Base FCF: $505M (median of recent 5yr)

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

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$113.68

+1024% upside

10.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Continental General Insurance Co	6.64M	$88.0M	1.96%	--	2026-06-30
Morgan Stanley	2.73M	$36.0M	0.81%	+1.67M	2026-06-30
Invesco Ltd.	2.29M	$30.0M	0.68%	+265.3K	2026-06-30
Polunin Capital Partners Ltd	1.71M	$21.0M	0.51%	-27.7K	2026-06-30
Citadel Advisors LLC	1.52M	$20.0M	0.45%	+1.15M	2026-06-30
UBS Group AG	1.38M	$18.0M	0.41%	+894.5K	2026-06-30
Vanguard Capital Management LLC	1.37M	$18.0M	0.41%	+19.9K	2026-06-30
Mackenzie Financial Corp	1.27M	$17.0M	0.38%	-103.0K	2026-06-30
Franklin Resources Inc	1.26M	$16.0M	0.37%	-380.3K	2026-06-30
State Street Corp	1.18M	$15.0M	0.35%	+410.8K	2026-06-30