Autozone Inc (AZO)

Retail-Auto & Home Supply Stores

Latest Price

$2830.02

TTM P/E

Normalized P/E

23.36

Div Yield

Book Value

P/B Ratio

Valuation metrics

Norm. op. income: $3.3B (median of 7yr)

Tax rate: 20%

Discount rate: 10%

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

Earnings Power Value

$1,015.46

64% downside

Base FCF: $2.1B (median of recent 5yr)

Growth: -9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$306.55

89% downside

EPS: $144.87

Target P/E: 23×

Formula: EPS × P/E

P/E Fair Value

$3,332.01

+18% upside

97.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
JPMorgan Chase & Co	1.25M	$3.95B	7.57%	+690.5K	2026-06-30
BlackRock, Inc.	1.23M	$3.94B	7.44%	-11.7K	2026-06-30
Vanguard Capital Management LLC	1.08M	$3.45B	6.51%	+1.8K	2026-06-30
Vanguard Portfolio Management LLC	765.4K	$2.45B	4.62%	+219.6K	2026-06-30
State Street Corp	718.7K	$2.30B	4.34%	+15.8K	2026-06-30
Curated Wealth Partners LLC	603.6K	--	3.64%	--	2026-06-30
Geode Capital Management, LLC	416.6K	$1.33B	2.52%	+1.9K	2026-06-30
Price T Rowe Associates Inc	400.9K	$1.28B	2.42%	+9.9K	2026-06-30
Morgan Stanley	398.0K	$1.27B	2.40%	-48.1K	2026-06-30
Norges Bank	283.5K	$906.0M	1.71%	+6.6K	2026-06-30