Innovative Solutions & Support Inc (ISSC)

Services-Computer Programming Services

Latest Price

$24.78

TTM P/E

23.38

Normalized P/E

45.10

TTM Div Yield

Fwd Div Yield

Book Value

4.31

P/B Ratio

5.74

Valuation metrics

EPS: $0.88

Book value / share: $3.66

Formula: √(22.5 × EPS × BVPS)

Graham Number

$8.52

66% downside

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

Tax rate: 21%

Discount rate: 10%

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

Earnings Power Value

$2.00

92% downside

Base FCF: $5M (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

$20.46

17% downside

EPS: $0.88

Target P/E: 45×

Formula: EPS × P/E

P/E Fair Value

$39.60

+60% upside

54.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	1.07M	$19.0M	5.96%	+779.3K	2026-06-30
Marshall Wace, LLP	691.8K	$12.0M	3.87%	-61.6K	2026-06-30
Vanguard Capital Management LLC	629.4K	$11.0M	3.52%	+3.6K	2026-06-30
Punch & Associates Investment Management, Inc.	570.0K	$10.0M	3.18%	+51.3K	2026-06-30
Morgan Stanley	503.4K	$9.0M	2.81%	-99.9K	2026-06-30
Renaissance Technologies LLC	490.2K	$8.0M	2.74%	+187.3K	2026-06-30
Dimensional Fund Advisors LP	411.4K	$7.0M	2.30%	+43.2K	2026-06-30
Citadel Advisors LLC	372.5K	$6.0M	2.08%	+170.9K	2026-06-30
Geode Capital Management, LLC	354.1K	$6.0M	1.98%	+208.0K	2026-06-30
CenterBook Partners LP	265.0K	$4.0M	1.48%	--	2026-06-30