OPPENHEIMER HOLDINGS INC (OPY)

Security Brokers, Dealers & Flotation Companies

Latest Price

$119.69

TTM P/E

13.51

Normalized P/E

18.98

Div Yield

0.62%

Book Value

92.12

P/B Ratio

1.30

Valuation metrics

EPS: $13.04

Book value / share: $86.43

Formula: √(22.5 × EPS × BVPS)

Graham Number

$159.24

+33% upside

Norm. op. income: $137M (median of 6yr)

Tax rate: 30%

Discount rate: 10%

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

Earnings Power Value

$88.18

26% downside

Base FCF: $184M (median of recent 5yr)

Growth: -15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$72.05

40% downside

EPS: $13.04

Target P/E: 19×

Formula: EPS × P/E

P/E Fair Value

$247.76

+107% upside

41.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
DIMENSIONAL FUND ADVISORS LP	520.3K	$54.0M	4.86%	+23.3K	2026-06-30
JB CAPITAL PARTNERS LP	504.0K	$53.0M	4.71%	--	2026-06-30
AMERICAN CENTURY COMPANIES INC	392.0K	$41.0M	3.66%	+39.2K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	384.4K	$40.0M	3.59%	-6.9K	2026-06-30
BlackRock, Inc.	203.5K	$21.0M	1.90%	+16.4K	2026-06-30
ROYCE & ASSOCIATES LP	170.1K	$17.0M	1.59%	-3	2026-06-30
RBF Capital, LLC	163.8K	$17.0M	1.53%	--	2026-06-30
Boston Partners	158.4K	$16.0M	1.48%	+26.9K	2026-06-30
MORGAN STANLEY	106.9K	$11.0M	1.00%	+18.8K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	92.0K	$9.0M	0.86%	+5.5K	2026-06-30