DOUGLAS DYNAMICS, INC (PLOW)
Construction Machinery & Equip
Latest Price
$39.35
TTM P/E
17.89
Normalized P/E
22.06
Div Yield
3.00%
Book Value
12.97
P/B Ratio
3.03
Valuation metrics
adjust assumptions →EPS: $1.96
Book value / share: $12.20
Formula: √(22.5 × EPS × BVPS)
Graham Number
$23.20
41% downside
Norm. op. income: $59M (median of 7yr)
Tax rate: 20%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$14.23
64% downside
Base FCF: $33M (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
$18.56
53% downside
EPS: $1.96
Target P/E: 22×
Formula: EPS × P/E
P/E Fair Value
$43.12
+10% upside
Institutional Ownership
93.3% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2.02M | $109.0M | 8.76% | +168.1K | 2026-06-30 |
| Allspring Global Investments Holdings, LLC | 1.54M | $80.0M | 6.67% | -520.6K | 2026-06-30 |
| PZENA INVESTMENT MANAGEMENT LLC | 1.38M | $74.0M | 6.00% | -208.5K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 985.5K | $53.0M | 4.27% | +14.5K | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS LP | 919.1K | $49.0M | 3.98% | -17.0K | 2026-06-30 |
| T. Rowe Price Investment Management, Inc. | 791.1K | $42.0M | 3.43% | +3.1K | 2026-06-30 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 659.3K | $35.0M | 2.86% | +37.5K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 658.3K | $35.0M | 2.85% | +107.5K | 2026-06-30 |
| STATE STREET CORP | 640.3K | $34.0M | 2.78% | +34.7K | 2026-06-30 |
| Nuveen, LLC | 633.4K | $34.0M | 2.75% | +13.4K | 2026-06-30 |