EAGLE MATERIALS INC (EXP)

Cement, Hydraulic

Latest Price

$182.67

TTM P/E

14.39

Normalized P/E

14.45

Div Yield

0.55%

Book Value

48.06

P/B Ratio

3.80

Valuation metrics

EPS: $13.16

Book value / share: $47.23

Formula: √(22.5 × EPS × BVPS)

Graham Number

$118.26

35% downside

Norm. op. income: $499M (median of 6yr)

Tax rate: 22%

Discount rate: 10%

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

Earnings Power Value

$77.44

58% downside

Base FCF: $432M (median of recent 5yr)

Growth: -9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$40.50

78% downside

EPS: $13.16

Target P/E: 14×

Formula: EPS × P/E

P/E Fair Value

$184.24

+1% upside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
FMR LLC	3.63M	$816.0M	11.78%	-16.6K	2026-06-30
BlackRock, Inc.	3.06M	$688.0M	9.93%	+59.8K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	1.40M	$316.0M	4.56%	-6.3K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	1.34M	$301.0M	4.35%	-10.7K	2026-06-30
ALLIANCEBERNSTEIN L.P.	1.23M	$233.0M	4.00%	+123.1K	2026-06-30
STATE STREET CORP	1.01M	$227.0M	3.28%	+38.5K	2026-06-30
JPMORGAN CHASE & CO	955.6K	$217.0M	3.10%	-368.8K	2026-06-30
NEUBERGER BERMAN GROUP LLC	889.3K	$200.0M	2.89%	+142.6K	2026-06-30
Black Creek Investment Management Inc.	825.8K	$185.0M	2.68%	+48.3K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	798.6K	$179.0M	2.59%	+30.1K	2026-06-30