Woodward, Inc. (WWD)

Electrical Industrial Apparatus

Latest Price

$324.67

TTM P/E

36.11

Normalized P/E

59.66

Div Yield

0.37%

Book Value

41.61

P/B Ratio

7.80

Valuation metrics

EPS: $7.19

Book value / share: $41.75

Formula: √(22.5 × EPS × BVPS)

Graham Number

$82.19

75% downside

Norm. op. income: $324M (median of 7yr)

Tax rate: 15%

Discount rate: 10%

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

Earnings Power Value

$38.55

88% downside

Base FCF: $340M (median of recent 5yr)

Growth: 14%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$183.14

44% downside

EPS: $7.19

Target P/E: 60×

Formula: EPS × P/E

P/E Fair Value

$431.40

+33% upside

89.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	7.02M	$2.98B	11.80%	+700.9K	2026-06-30
FMR LLC	2.81M	$1.19B	4.72%	+602.1K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	2.69M	$1.14B	4.53%	+17.6K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	2.68M	$1.14B	4.52%	+132.9K	2026-06-30
STATE STREET CORP	2.34M	$996.0M	3.94%	+18.4K	2026-06-30
Newport Trust Company, LLC	1.90M	$810.0M	3.20%	-102.9K	2026-06-30
Invesco Ltd.	1.44M	$614.0M	2.43%	+278.7K	2026-06-30
Artisan Partners Limited Partnership	1.37M	$582.0M	2.30%	-40.9K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	1.26M	$537.0M	2.12%	-387.6K	2026-06-30
T. Rowe Price Investment Management, Inc.	1.22M	$520.0M	2.06%	--	2026-06-30