EAGLE MATERIALS INC (EXP)

Cement, Hydraulic

Latest Price

$204.94

TTM P/E

15.57

Normalized P/E

16.25

Div Yield

0.49%

Book Value

46.32

P/B Ratio

4.42

Valuation metrics

EPS: $13.16

Book value / share: $47.23

Formula: √(22.5 × EPS × BVPS)

Graham Number

$118.26

42% downside

Norm. op. income: $499M (median of 6yr)

Tax rate: 22%

Discount rate: 10%

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

Earnings Power Value

$77.44

62% downside

Base FCF: $432M (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

$40.50

80% downside

EPS: $13.16

Target P/E: 16×

Formula: EPS × P/E

P/E Fair Value

$210.56

+3% upside

96.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
FMR LLC	3.64M	$690.0M	11.67%	+115.8K	2026-03-31
BlackRock, Inc.	3.00M	$568.0M	9.61%	-16.7K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	1.41M	$267.0M	4.52%	--	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	1.35M	$255.0M	4.32%	--	2026-03-31
ALLIANCEBERNSTEIN L.P.	1.11M	$229.0M	3.55%	+790.2K	2026-03-31
STATE STREET CORP	970.9K	$184.0M	3.11%	-3.9K	2026-03-31
BAUPOST GROUP LLC/MA	892.8K	$169.0M	2.86%	-292.5K	2026-03-31
Black Creek Investment Management Inc.	777.5K	$147.0M	2.49%	+275.4K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	768.5K	$145.0M	2.46%	+15.2K	2026-03-31
NEUBERGER BERMAN GROUP LLC	746.6K	$141.0M	2.39%	+99.0K	2026-03-31