HOLOGIC INC (HOLX)

X-Ray Apparatus & Tubes & Related Irradiation Apparatus

Latest Price

$76.01

TTM P/E

31.54

Normalized P/E

22.31

Div Yield

Book Value

23.37

P/B Ratio

3.25

Valuation metrics

EPS: $2.49

Book value / share: $22.18

Formula: √(22.5 × EPS × BVPS)

Graham Number

$35.25

54% downside

Norm. op. income: $883M (median of 7yr)

Tax rate: 18%

Discount rate: 10%

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

Earnings Power Value

$30.45

60% downside

Base FCF: $1.2B (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

$116.51

+53% upside

EPS: $2.49

Target P/E: 22×

Formula: EPS × P/E

P/E Fair Value

$54.78

28% downside