MUELLER INDUSTRIES INC (MLI)

Rolling Drawing & Extruding of Nonferrous Metals

Latest Price

$60.48

TTM P/E

10.33

Normalized P/E

8.49

Div Yield

1.69%

Book Value

16.32

P/B Ratio

3.71

Valuation metrics

EPS: $6.86

Book value / share: $28.87

Formula: √(22.5 × EPS × BVPS)

Graham Number

$66.76

+10% upside

Norm. op. income: $756M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

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

Earnings Power Value

$63.16

+4% upside

Base FCF: $619M (median of recent 5yr)

Growth: 20%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$302.26

+400% upside

EPS: $6.86

Target P/E: 8×

Formula: EPS × P/E

P/E Fair Value

$54.88

9% downside

46.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	11.69M	$1.44B	5.29%	+57.6K	2026-06-30
FIRST TRUST ADVISORS LP	6.83M	$839.0M	3.09%	+1.24M	2026-06-30
FMR LLC	5.51M	$677.0M	2.49%	+3.71M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	4.99M	$613.0M	2.26%	+16.7K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	4.97M	$610.0M	2.25%	+46.1K	2026-06-30
AQR CAPITAL MANAGEMENT LLC	4.71M	$578.0M	2.13%	-170.0K	2026-06-30
STATE STREET CORP	3.56M	$437.0M	1.61%	+57.0K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	3.15M	$387.0M	1.43%	+163.8K	2026-06-30
Invesco Ltd.	2.75M	$337.0M	1.24%	+741.4K	2026-06-30
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC	1.99M	$244.0M	0.90%	-123.6K	2026-06-30