Meta Platforms, Inc. (META)

Services-Computer Programming, Data Processing, Etc.

Latest Price

$644.38

TTM P/E

24.63

Normalized P/E

34.66

Div Yield

0.32%

Book Value

102.92

P/B Ratio

6.26

Valuation metrics

EPS: $23.49

Book value / share: $84.40

Formula: √(22.5 × EPS × BVPS)

Graham Number

$211.20

67% downside

Norm. op. income: $46.8B (median of 7yr)

Tax rate: 18%

Discount rate: 10%

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

Earnings Power Value

$158.60

75% downside

Base FCF: $43.8B (median of recent 5yr)

Growth: 17%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$735.58

+14% upside

EPS: $23.49

Target P/E: 35×

Formula: EPS × P/E

P/E Fair Value

$822.15

+28% upside

71.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	173.45M	$97.70B	6.83%	+4.58M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	143.44M	$80.80B	5.65%	+1.30M	2026-06-30
FMR LLC	95.90M	$54.02B	3.78%	-20.72M	2026-06-30
STATE STREET CORP	92.03M	$51.84B	3.63%	+3.51M	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	54.95M	$30.84B	2.17%	+784.7K	2026-06-30
JPMORGAN CHASE & CO	45.94M	$25.85B	1.81%	+2.09M	2026-06-30
Capital World Investors	40.88M	$23.02B	1.61%	-178.5K	2026-06-30
Capital Research Global Investors	39.62M	$22.32B	1.56%	+8.71M	2026-06-30
MORGAN STANLEY	39.44M	$22.21B	1.55%	+1.36M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	38.39M	$21.62B	1.51%	+530.2K	2026-06-30