Dynatrace, Inc. (DT)

Services-Prepackaged Software

Latest Price

$55.17

TTM P/E

110.34

Normalized P/E

84.36

Div Yield

Book Value

8.39

P/B Ratio

6.58

Valuation metrics

EPS: $0.54

Book value / share: $8.86

Formula: √(22.5 × EPS × BVPS)

Graham Number

$10.38

81% downside

Norm. op. income: $93M (median of 7yr)

Tax rate: 15%

Discount rate: 10%

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

Earnings Power Value

$6.73

88% downside

Base FCF: $352M (median of recent 5yr)

Growth: 22%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$76.79

+39% upside

EPS: $0.54

Target P/E: 84×

Formula: EPS × P/E

P/E Fair Value

$45.36

18% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	34.95M	$1.53B	12.04%	+1.70M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	15.81M	$694.0M	5.44%	-679.6K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	13.21M	$580.0M	4.55%	-163.3K	2026-06-30
Pictet Asset Management Holding SA	12.76M	$560.0M	4.40%	-3.05M	2026-06-30
WELLINGTON MANAGEMENT GROUP LLP	11.53M	$506.0M	3.97%	+2.19M	2026-06-30
UBS Group AG	11.24M	$493.0M	3.87%	+125.9K	2026-06-30
STATE STREET CORP	9.34M	$410.0M	3.22%	+152.3K	2026-06-30
Starboard Value LP	8.87M	$389.0M	3.05%	--	2026-06-30
AQR CAPITAL MANAGEMENT LLC	8.32M	$365.0M	2.86%	+6.45M	2026-06-30
FIRST TRUST ADVISORS LP	7.70M	$337.0M	2.65%	+893.7K	2026-06-30