ESPEY MFG & ELECTRONICS CORP (ESP)

Electronic Components, NEC

Latest Price

$63.82

TTM P/E

16.75

Normalized P/E

30.13

Div Yield

2.74%

Book Value

20.50

P/B Ratio

3.11

Valuation metrics

EPS: $3.02

Book value / share: $17.56

Formula: √(22.5 × EPS × BVPS)

Graham Number

$34.54

46% downside

Norm. op. income: $3M (median of 7yr)

Tax rate: 19%

Discount rate: 10%

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

Earnings Power Value

$15.03

76% downside

Base FCF: $3M (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

$94.63

+48% upside

EPS: $3.02

Target P/E: 30×

Formula: EPS × P/E

P/E Fair Value

$90.60

+42% upside

36.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	115.9K	$7.0M	3.88%	+105.7K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	98.0K	$6.0M	3.28%	+13.0K	2026-06-30
RENAISSANCE TECHNOLOGIES LLC	92.7K	$6.0M	3.10%	-10.5K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	91.0K	$6.0M	3.05%	-2.5K	2026-06-30
AMERICAN CENTURY COMPANIES INC	71.9K	$4.0M	2.41%	+18.8K	2026-06-30
De Lisle Partners LLP	56.2K	$3.0M	1.88%	--	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	55.6K	$3.0M	1.86%	+31.1K	2026-06-30
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	38.1K	$2.0M	1.27%	-23.8K	2026-06-30
O'SHAUGHNESSY ASSET MANAGEMENT, LLC	34.4K	$2.0M	1.15%	+3.5K	2026-06-30
RITHOLTZ WEALTH MANAGEMENT	26.4K	$1.0M	0.88%	+2.3K	2026-06-30