Victoria's Secret & Co. (VSXY)
Retail-Women's Clothing Stores
Latest Price
$72.58
TTM P/E
16.16
Normalized P/E
23.04
Div Yield
--
Book Value
12.38
P/B Ratio
5.87
Valuation metrics
adjust assumptions →EPS: $1.93
Book value / share: $10.70
Formula: √(22.5 × EPS × BVPS)
Graham Number
$21.56
70% downside
Norm. op. income: $271M (median of 5yr)
Tax rate: 20%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$21.38
71% downside
Base FCF: $312M (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
$60.01
17% downside
EPS: $1.93
Target P/E: 23×
Formula: EPS × P/E
P/E Fair Value
$44.39
39% downside