BUTLER NATIONAL CORP (BUKS)

Services-Miscellaneous Amusement & Recreation

Latest Price

TTM P/E

Normalized P/E

Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $0.34

Book value / share: $1.28

Formula: √(22.5 × EPS × BVPS)

Graham Number

$3.13

Norm. op. income: $13M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

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

Earnings Power Value

$1.63

Base FCF: $12M (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

$4.65

EPS: $0.34

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$5.10

2.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Mink Brook Asset Management LLC	1.36M	$5.0M	2.11%	+161.0K	2026-03-31