Walt Disney Co (DIS)

Services-Miscellaneous Amusement & Recreation

Latest Price

$96.19

TTM P/E

15.39

Normalized P/E

28.33

Div Yield

Book Value

61.56

P/B Ratio

1.56

Valuation metrics

EPS: $6.85

Book value / share: $57.83

Formula: √(22.5 × EPS × BVPS)

Graham Number

$94.41

2% downside

Norm. op. income: $12.9B (median of 7yr)

Tax rate: 24%

Discount rate: 10%

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

Earnings Power Value

$32.51

66% downside

Base FCF: $4.9B (median of recent 5yr)

Growth: 21%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$128.33

+33% upside

EPS: $6.85

Target P/E: 28×

Formula: EPS × P/E

P/E Fair Value

$191.80

+99% upside

67.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	136.46M	$13.15B	7.73%	+3.79M	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	115.12M	$11.09B	6.52%	--	2026-03-31
STATE STREET CORP	83.70M	$8.07B	4.74%	-170.7K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	41.59M	$3.99B	2.35%	+999.1K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	35.39M	$3.41B	2.00%	--	2026-03-31
MORGAN STANLEY	33.80M	$3.26B	1.91%	-1.65M	2026-03-31
WELLINGTON MANAGEMENT GROUP LLP	27.89M	$2.69B	1.58%	+6.69M	2026-03-31
FMR LLC	21.95M	$2.12B	1.24%	-5.68M	2026-03-31
NORTHERN TRUST CORP	19.95M	$1.92B	1.13%	-249.2K	2026-03-31
BANK OF AMERICA CORP /DE/	17.82M	$1.72B	1.01%	-117.6K	2026-03-31