APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
Wholesale-Machinery, Equipment & Supplies
Latest Price
$339.85
TTM P/E
32.09
Normalized P/E
37.40
Div Yield
0.42%
Book Value
49.57
P/B Ratio
6.86
Valuation metrics
adjust assumptions →EPS: $10.12
Book value / share: $48.71
Formula: √(22.5 × EPS × BVPS)
Graham Number
$105.31
69% downside
Norm. op. income: $358M (median of 7yr)
Tax rate: 23%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$68.33
80% downside
Base FCF: $317M (median of recent 5yr)
Growth: 17%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$345.23
+0% upside
EPS: $10.12
Target P/E: 38×
Formula: EPS × P/E
P/E Fair Value
$384.56
+11% upside
Institutional Ownership
86.7% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 3.84M | $1.02B | 10.23% | +86.8K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.12M | $563.0M | 5.66% | -- | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.67M | $443.0M | 4.45% | -- | 2026-03-31 |
| STATE STREET CORP | 1.21M | $320.0M | 3.22% | +18.1K | 2026-03-31 |
| FIRST TRUST ADVISORS LP | 978.8K | $259.0M | 2.61% | +250.0K | 2026-03-31 |
| AQR CAPITAL MANAGEMENT LLC | 919.6K | $240.0M | 2.45% | +488.7K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 900.6K | $238.0M | 2.40% | +213.5K | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 754.6K | $200.0M | 2.01% | -21.8K | 2026-03-31 |
| DIMENSIONAL FUND ADVISORS LP | 721.2K | $191.0M | 1.92% | -2.5K | 2026-03-31 |
| Alyeska Investment Group, L.P. | 602.8K | $159.0M | 1.61% | +83.1K | 2026-03-31 |