Fresenius Medical Care AG (FMS)

Services-Misc Health & Allied Services, NEC

Latest Price

$21.41

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $3.36

Book value / share: $51.14

Formula: √(22.5 × EPS × BVPS)

Graham Number

$62.18

+183% upside

Norm. op. income: $1.8B (median of 7yr)

Tax rate: 26%

Discount rate: 10%

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

Earnings Power Value

$54.23

+147% upside

EPS: $3.36

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$50.40

+130% upside

14.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Pzena Investment Management LLC	14.99M	$338.0M	5.37%	-60.7K	2026-06-30
Morgan Stanley	4.35M	$98.0M	1.56%	+1.86M	2026-06-30
Dodge & Cox	3.83M	$86.0M	1.37%	--	2026-06-30
Brandes Investment Partners, LP	1.92M	$43.0M	0.69%	+305.2K	2026-06-30
Millennium Management LLC	1.57M	$35.0M	0.56%	-69.5K	2026-06-30
Todd Asset Management LLC	1.31M	$29.0M	0.47%	+8.8K	2026-06-30
Goldman Sachs Group Inc	898.7K	$20.0M	0.32%	+80.7K	2026-06-30
BlackRock, Inc.	860.3K	$19.0M	0.31%	+232.6K	2026-06-30
Teachers Retirement System of the State of Kentucky	816.2K	$18.0M	0.29%	--	2026-06-30
Quantinno Capital Management LP	528.0K	$11.0M	0.19%	+186.6K	2026-06-30