Sterling Infrastructure, Inc. (STRL)

Heavy Construction Other Than Bldg Const - Contractors

Latest Price

$373.66

TTM P/E

20.96

Normalized P/E

45.62

TTM Div Yield

Fwd Div Yield

Book Value

49.30

P/B Ratio

7.58

Valuation metrics

EPS: $9.38

Book value / share: $36.13

Formula: √(22.5 × EPS × BVPS)

Graham Number

$87.32

77% downside

Norm. op. income: $160M (median of 7yr)

Tax rate: 27%

Discount rate: 10%

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

Earnings Power Value

$41.97

89% downside

Base FCF: $363M (median of recent 5yr)

Growth: 23%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$777.25

+108% upside

EPS: $9.38

Target P/E: 46×

Formula: EPS × P/E

P/E Fair Value

$431.48

+15% upside

87.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	3.23M	$2.71B	10.53%	-750.9K	2026-06-30
Vanguard Capital Management LLC	1.33M	$1.12B	4.34%	+13.0K	2026-06-30
Vanguard Portfolio Management LLC	1.31M	$1.10B	4.26%	-101.1K	2026-06-30
FMR LLC	1.18M	$987.0M	3.83%	-298.6K	2026-06-30
Jane Street Group, LLC	1.11M	$931.0M	3.61%	+979.5K	2026-06-30
State Street Corp	956.5K	$802.0M	3.12%	-132.0K	2026-06-30
First Trust Advisors LP	895.9K	$752.0M	2.92%	+18.0K	2026-06-30
Invesco Ltd.	779.7K	$654.0M	2.54%	-409.2K	2026-06-30
Geode Capital Management, LLC	767.0K	$659.0M	2.50%	-172.3K	2026-06-30
Renaissance Technologies LLC	672.2K	$564.0M	2.19%	-94.7K	2026-06-30