Envista Holdings Corp (NVST)

Dental Equipment & Supplies

Latest Price

$23.51

TTM P/E

40.53

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

19.15

P/B Ratio

1.23

Valuation metrics

EPS: $0.28

Book value / share: $18.96

Formula: √(22.5 × EPS × BVPS)

Graham Number

$10.93

54% downside

Norm. op. income: $216M (median of 7yr)

Tax rate: 21%

Discount rate: 10%

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

Earnings Power Value

$8.98

62% downside

Base FCF: $230M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$22.54

5% downside

EPS: $0.28

Target P/E: 41×

Formula: EPS × P/E

P/E Fair Value

$11.48

51% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	18.44M	$485.0M	11.48%	+584.7K	2026-06-30
Ariel Investments, LLC	9.82M	$258.0M	6.11%	-1.05M	2026-06-30
Dimensional Fund Advisors LP	9.57M	$252.0M	5.96%	-214.0K	2026-06-30
Vanguard Portfolio Management LLC	7.49M	$197.0M	4.66%	-79.1K	2026-06-30
Vanguard Capital Management LLC	7.34M	$193.0M	4.57%	+19.3K	2026-06-30
Morgan Stanley	6.44M	$169.0M	4.01%	-2.36M	2026-06-30
Gates Capital Management, Inc.	5.55M	$146.0M	3.46%	+189.7K	2026-06-30
State Street Corp	5.33M	$140.0M	3.32%	+100.5K	2026-06-30
Alliancebernstein L.P.	5.21M	$132.0M	3.25%	+185.0K	2026-06-30
Arrowstreet Capital, Limited Partnership	4.85M	$127.0M	3.02%	+1.99M	2026-06-30