FLOWSERVE CORP (FLS)

Pumps & Pumping Equipment

Latest Price

$71.03

TTM P/E

24.75

Normalized P/E

37.19

Div Yield

1.21%

Book Value

17.71

P/B Ratio

4.01

Valuation metrics

EPS: $2.64

Book value / share: $16.73

Formula: √(22.5 × EPS × BVPS)

Graham Number

$31.52

56% downside

Norm. op. income: $367M (median of 6yr)

Tax rate: 23%

Discount rate: 10%

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

Earnings Power Value

$14.84

79% downside

Base FCF: $301M (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

$164.63

+132% upside

EPS: $2.64

Target P/E: 37×

Formula: EPS × P/E

P/E Fair Value

$97.68

+38% upside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	13.48M	$999.0M	10.57%	+306.4K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	6.23M	$462.0M	4.88%	+38.2K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	5.77M	$427.0M	4.52%	+62.1K	2026-06-30
UBS Group AG	5.72M	$424.0M	4.49%	+926.9K	2026-06-30
D1 Capital Partners L.P.	4.97M	$368.0M	3.89%	-905.7K	2026-06-30
STATE STREET CORP	4.17M	$310.0M	3.27%	+47.3K	2026-06-30
FIL Ltd	4.16M	$308.0M	3.26%	+3.86M	2026-06-30
Nuveen, LLC	3.41M	$252.0M	2.67%	+421.0K	2026-06-30
EARNEST PARTNERS LLC	3.39M	$251.0M	2.66%	+667.3K	2026-06-30
Beutel, Goodman & Co Ltd.	3.31M	$245.0M	2.60%	+1.30M	2026-06-30