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MAXIMUS, INC. (MMS)

Services-Business Services, NEC

Latest Price
$58.18
TTM P/E
8.66
Normalized P/E
12.81
Div Yield
2.17%
Book Value
32.93
P/B Ratio
1.77

Valuation metrics

adjust assumptions →
EPS: $5.51
Book value / share: $30.55
Formula: √(22.5 × EPS × BVPS)
Graham Number
$61.54
+6% upside
Norm. op. income: $326M (median of 7yr)
Tax rate: 25%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$25.57
56% downside
Base FCF: $366M (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
$38.70
33% downside
EPS: $5.51
Target P/E: 13×
Formula: EPS × P/E
P/E Fair Value
$71.63
+23% upside

Institutional Ownership

100.0% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.7.44M$400.0M14.22%-75.7K2026-06-30
FMR LLC5.54M$298.0M10.59%-2.63M2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC3.39M$182.0M6.47%-83.1K2026-06-30
FULLER & THALER ASSET MANAGEMENT, INC.2.70M$145.0M5.16%+621.2K2026-06-30
STATE STREET CORP2.57M$137.0M4.90%+107.1K2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC2.37M$127.0M4.52%-71.5K2026-06-30
DIMENSIONAL FUND ADVISORS LP2.35M$126.0M4.50%+246.8K2026-06-30
REINHART PARTNERS, LLC.1.98M$106.0M3.79%+1.13M2026-06-30
GEODE CAPITAL MANAGEMENT, LLC1.58M$84.0M3.01%+79.4K2026-06-30
Van Berkom & Associates Inc.1.09M$58.0M2.08%-84.1K2026-06-30
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