FirstCash Holdings, Inc. (FCFS)

Retail-Miscellaneous Retail

Latest Price

$211.23

TTM P/E

24.11

Normalized P/E

35.13

Div Yield

0.60%

Book Value

52.96

P/B Ratio

3.99

Valuation metrics

EPS: $7.42

Book value / share: $51.77

Formula: √(22.5 × EPS × BVPS)

Graham Number

$92.97

56% downside

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

Tax rate: 25%

Discount rate: 10%

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

Earnings Power Value

$10.64

95% downside

Base FCF: $434M (median of recent 5yr)

Growth: 6%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$128.13

39% downside

EPS: $7.42

Target P/E: 35×

Formula: EPS × P/E

P/E Fair Value

$259.70

+23% upside

96.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	5.03M	$1.09B	11.45%	+291.2K	2026-06-30
FMR LLC	3.05M	$659.0M	6.94%	-650.9K	2026-06-30
Earnest Partners LLC	2.11M	$455.0M	4.79%	-55.5K	2026-06-30
Vanguard Portfolio Management LLC	2.03M	$438.0M	4.61%	+42.3K	2026-06-30
Vanguard Capital Management LLC	1.70M	$367.0M	3.86%	+7.9K	2026-06-30
State Street Corp	1.51M	$326.0M	3.43%	+83.1K	2026-06-30
Price T Rowe Associates Inc	1.45M	$313.0M	3.30%	+44.2K	2026-06-30
Geode Capital Management, LLC	1.24M	$268.0M	2.83%	+89.2K	2026-06-30
Hood River Capital Management LLC	1.22M	$264.0M	2.78%	+88.0K	2026-06-30
Bank of America Corp	1.15M	$248.0M	2.61%	+35.4K	2026-06-30