SONIC AUTOMOTIVE INC (SAH)

Retail-Auto Dealers & Gasoline Stations

Latest Price

$74.78

TTM P/E

11.87

Normalized P/E

15.22

Div Yield

Book Value

31.46

P/B Ratio

2.38

Valuation metrics

EPS: $3.42

Book value / share: $30.78

Formula: √(22.5 × EPS × BVPS)

Graham Number

$48.67

36% downside

Norm. op. income: $368M (median of 7yr)

Tax rate: 26%

Discount rate: 10%

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

Earnings Power Value

$31.65

59% downside

Base FCF: $188M (median of recent 5yr)

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

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$356.63

+367% upside

EPS: $3.42

Target P/E: 16×

Formula: EPS × P/E

P/E Fair Value

$54.72

28% downside

46.5% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	2.41M	$204.0M	7.61%	-101.8K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	1.33M	$113.0M	4.22%	+20.2K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	760.9K	$64.0M	2.41%	-68.0K	2026-06-30
LSV ASSET MANAGEMENT	734.0K	$62.0M	2.32%	+730.4K	2026-06-30
STATE STREET CORP	634.4K	$54.0M	2.01%	-41.5K	2026-06-30
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	588.5K	$49.0M	1.86%	-46.4K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	536.1K	$45.0M	1.70%	-41.8K	2026-06-30
WESTWOOD HOLDINGS GROUP INC	494.9K	$41.0M	1.57%	-113.0K	2026-06-30
Invesco Ltd.	388.3K	$32.0M	1.23%	-61.9K	2026-06-30
Nuveen, LLC	386.1K	$32.0M	1.22%	+70.6K	2026-06-30