PENTAIR plc (PNR)

Special Industry Machinery (No Metalworking Machinery)

Latest Price

$56.18

TTM P/E

13.77

Normalized P/E

15.57

Div Yield

1.37%

Book Value

23.45

P/B Ratio

2.40

Valuation metrics

EPS: $3.96

Book value / share: $23.38

Formula: √(22.5 × EPS × BVPS)

Graham Number

$45.64

19% downside

Norm. op. income: $637M (median of 7yr)

Tax rate: 13%

Discount rate: 10%

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

Earnings Power Value

$24.34

57% downside

Base FCF: $553M (median of recent 5yr)

Growth: 17%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$125.12

+123% upside

EPS: $3.96

Target P/E: 16×

Formula: EPS × P/E

P/E Fair Value

$63.36

+13% upside