JACK HENRY & ASSOCIATES INC (JKHY)

Services-Computer Integrated Systems Design

Latest Price

$164.55

TTM P/E

23.01

Normalized P/E

29.13

Div Yield

1.45%

Book Value

29.54

P/B Ratio

5.57

Valuation metrics

EPS: $6.98

Book value / share: $28.48

Formula: √(22.5 × EPS × BVPS)

Graham Number

$66.88

59% downside

Norm. op. income: $481M (median of 7yr)

Tax rate: 23%

Discount rate: 10%

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

Earnings Power Value

$51.16

69% downside

Base FCF: $510M (median of recent 5yr)

Growth: 11%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$190.59

+16% upside

EPS: $6.98

Target P/E: 29×

Formula: EPS × P/E

P/E Fair Value

$202.42

+23% upside

95.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	5.21M	$718.0M	7.25%	-246.5K	2026-06-30
BlackRock, Inc.	5.12M	$705.0M	7.13%	-836.3K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	4.64M	$639.0M	6.46%	-35.8K	2026-06-30
STATE STREET CORP	3.70M	$510.0M	5.15%	-251.3K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	3.56M	$490.0M	4.95%	-32.6K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	2.75M	$378.0M	3.83%	+451.7K	2026-06-30
MORGAN STANLEY	2.37M	$327.0M	3.30%	-309.0K	2026-06-30
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	2.11M	$290.0M	2.93%	+1.68M	2026-06-30
CIBC Bancorp USA Inc.	1.91M	$262.0M	2.66%	-1.7K	2026-06-30
Invesco Ltd.	1.88M	$259.0M	2.62%	+28.5K	2026-06-30