MASCO CORP /DE/ (MAS)

Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures

Latest Price

$71.48

TTM P/E

17.69

Normalized P/E

19.14

Div Yield

1.75%

Book Value

P/B Ratio

Valuation metrics

Norm. op. income: $1.3B (median of 7yr)

Tax rate: 24%

Discount rate: 10%

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

Earnings Power Value

$36.73

49% downside

Base FCF: $866M (median of recent 5yr)

Growth: -4%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$25.13

65% downside

EPS: $3.86

Target P/E: 19×

Formula: EPS × P/E

P/E Fair Value

$73.34

+3% upside

91.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	15.62M	$942.0M	7.74%	-882.2K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	13.22M	$798.0M	6.56%	--	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	12.35M	$745.0M	6.12%	--	2026-03-31
STATE STREET CORP	9.96M	$601.0M	4.94%	-276.2K	2026-03-31
HARRIS ASSOCIATES L P	8.60M	$518.0M	4.26%	-2.91M	2026-03-31
VAN ECK ASSOCIATES CORP	5.84M	$352.0M	2.90%	+2.47M	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	5.35M	$321.0M	2.65%	+39.8K	2026-03-31
NORDEA INVESTMENT MANAGEMENT AB	4.50M	$265.0M	2.23%	+130.1K	2026-03-31
Boston Partners	4.49M	$271.0M	2.23%	-1.24M	2026-03-31
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	4.32M	$264.0M	2.14%	-158.3K	2026-03-31