UNIFIRST CORP (UNF)

Services-Personal Services

Latest Price

$270.07

TTM P/E

42.60

Normalized P/E

41.58

Div Yield

Book Value

121.44

P/B Ratio

2.22

Valuation metrics

EPS: $7.98

Book value / share: $116.73

Formula: √(22.5 × EPS × BVPS)

Graham Number

$144.77

46% downside

Norm. op. income: $184M (median of 7yr)

Tax rate: 24%

Discount rate: 10%

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

Earnings Power Value

$86.66

68% downside

Base FCF: $107M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$110.69

59% downside

EPS: $7.98

Target P/E: 42×

Formula: EPS × P/E

P/E Fair Value

$335.16

+24% upside

81.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	2.19M	$580.0M	12.13%	+56.2K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	832.2K	$220.0M	4.60%	+11.7K	2026-06-30
LONDON CO OF VIRGINIA	740.2K	$195.0M	4.09%	-35.1K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	729.0K	$192.0M	4.03%	-15.5K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	654.4K	$173.0M	3.62%	+3.4K	2026-06-30
STATE STREET CORP	584.1K	$154.0M	3.23%	+16.2K	2026-06-30
MILLENNIUM MANAGEMENT LLC	510.0K	$134.0M	2.82%	-19.6K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	376.4K	$99.0M	2.08%	+19.5K	2026-06-30
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	345.7K	$91.0M	1.91%	-34.3K	2026-06-30
MORGAN STANLEY	303.4K	$80.0M	1.68%	+129.7K	2026-06-30