Encompass Health Corp (EHC)

Services-Hospitals

Latest Price

$121.49

TTM P/E

19.79

Normalized P/E

28.08

Div Yield

0.63%

Book Value

26.19

P/B Ratio

4.64

Valuation metrics

EPS: $5.54

Book value / share: $23.86

Formula: √(22.5 × EPS × BVPS)

Graham Number

$54.53

55% downside

Norm. op. income: $564M (median of 3yr)

Tax rate: 21%

Discount rate: 10%

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

Earnings Power Value

$20.22

83% downside

Base FCF: $268M (median of recent 5yr)

Growth: 20%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$109.03

10% downside

EPS: $5.54

Target P/E: 28×

Formula: EPS × P/E

P/E Fair Value

$155.12

+28% upside

94.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	10.48M	$1.06B	10.59%	-284.3K	2026-06-30
Price T Rowe Associates Inc	5.06M	$511.0M	5.11%	+455.3K	2026-06-30
Vanguard Portfolio Management LLC	4.92M	$497.0M	4.97%	-34.9K	2026-06-30
Vanguard Capital Management LLC	4.48M	$452.0M	4.52%	+9.7K	2026-06-30
Wellington Management Group LLP	3.28M	$331.0M	3.31%	-570.1K	2026-06-30
State Street Corp	3.19M	$322.0M	3.22%	+40.8K	2026-06-30
Citadel Advisors LLC	2.62M	$265.0M	2.65%	+2.10M	2026-06-30
Alliancebernstein L.P.	2.47M	$239.0M	2.50%	-149.5K	2026-06-30
Fuller & Thaler Asset Management, Inc.	2.46M	$248.0M	2.49%	+230.7K	2026-06-30
Two Sigma Investments, LP	2.27M	$229.0M	2.29%	--	2026-06-30