Chemed Corp (CHE)

Services-Home Health Care Services

Latest Price

$505.07

TTM P/E

25.41

Normalized P/E

27.44

Div Yield

0.48%

Book Value

63.54

P/B Ratio

7.95

Valuation metrics

EPS: $18.34

Book value / share: $67.73

Formula: √(22.5 × EPS × BVPS)

Graham Number

$167.18

67% downside

Norm. op. income: $343M (median of 7yr)

Tax rate: 23%

Discount rate: 10%

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

Earnings Power Value

$180.27

64% downside

Base FCF: $273M (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

$312.93

38% downside

EPS: $18.34

Target P/E: 27×

Formula: EPS × P/E

P/E Fair Value

$495.18

2% downside

94.5% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	1.48M	$691.0M	11.06%	+147.6K	2026-06-30
AQR Capital Management LLC	972.5K	$446.0M	7.24%	+556.9K	2026-06-30
Vanguard Portfolio Management LLC	787.1K	$366.0M	5.86%	-28.6K	2026-06-30
Vanguard Capital Management LLC	604.4K	$281.0M	4.50%	-31.6K	2026-06-30
State Street Corp	444.7K	$207.0M	3.31%	-17.5K	2026-06-30
Geode Capital Management, LLC	413.9K	$192.0M	3.08%	+2.9K	2026-06-30
JPMorgan Chase & Co	403.4K	$185.0M	3.01%	-118.5K	2026-06-30
Boston Partners	280.7K	$130.0M	2.09%	+259.1K	2026-06-30
Epoch Investment Partners, Inc.	267.3K	$124.0M	1.99%	+17.2K	2026-06-30
Dimensional Fund Advisors LP	260.6K	$121.0M	1.94%	+12.7K	2026-06-30