TAT TECHNOLOGIES LTD (TATT)

Aircraft Engines & Engine Parts

Latest Price

$38.07

TTM P/E

Normalized P/E

Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $1.37

Book value / share: $13.59

Formula: √(22.5 × EPS × BVPS)

Graham Number

$20.46

46% downside

Norm. op. income: $2M (median of 7yr)

Tax rate: 12%

Discount rate: 10%

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

Earnings Power Value

$4.38

88% downside

Base FCF: $4M (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

$26.09

31% downside

EPS: $1.37

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$20.55

46% downside