RMR GROUP INC. (RMR)

Services-Management Consulting Services

Latest Price

$19.02

TTM P/E

16.83

Normalized P/E

9.83

Div Yield

Book Value

13.35

P/B Ratio

1.42

Valuation metrics

EPS: $1.03

Book value / share: $15.18

Formula: √(22.5 × EPS × BVPS)

Graham Number

$18.75

1% downside

Norm. op. income: $72M (median of 7yr)

Tax rate: 15%

Discount rate: 10%

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

Earnings Power Value

$42.23

+122% upside

Base FCF: $72M (median of recent 5yr)

Growth: -2%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$52.06

+174% upside

EPS: $1.03

Target P/E: 10×

Formula: EPS × P/E

P/E Fair Value

$10.30

46% downside

75.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	1.48M	$30.0M	8.85%	+132.6K	2026-06-30
Nantahala Capital Management, LLC	1.15M	$23.0M	6.85%	--	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	875.3K	$17.0M	5.22%	+13.0K	2026-06-30
Flat Footed LLC	861.5K	$17.0M	5.14%	+58.8K	2026-06-30
BANK OF AMERICA CORP /DE/	859.7K	$17.0M	5.13%	-81.6K	2026-06-30
MORGAN STANLEY	762.5K	$15.0M	4.55%	-174.5K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	693.8K	$14.0M	4.14%	+21.7K	2026-06-30
FEDERATED HERMES, INC.	535.8K	$11.0M	3.20%	+8.5K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	480.9K	$9.0M	2.87%	+12.8K	2026-06-30
RENAISSANCE TECHNOLOGIES LLC	418.7K	$8.0M	2.50%	-21.1K	2026-06-30