IES Holdings, Inc. (IESC)

Electrical Work

Latest Price

$744.54

TTM P/E

39.71

Normalized P/E

84.38

Div Yield

Book Value

53.83

P/B Ratio

13.83

Valuation metrics

EPS: $15.02

Book value / share: $44.52

Formula: √(22.5 × EPS × BVPS)

Graham Number

$122.66

84% downside

Norm. op. income: $71M (median of 6yr)

Tax rate: 22%

Discount rate: 10%

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

Earnings Power Value

$39.61

95% downside

Base FCF: $104M (median of recent 5yr)

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

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$401.94

46% downside

EPS: $15.02

Target P/E: 84×

Formula: EPS × P/E

P/E Fair Value

$1,261.68

+69% upside

96.3% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
GENDELL JEFFREY L	10.34M	$4.93B	51.90%	-8.2K	2026-03-31
FMR LLC	2.37M	$1.13B	11.90%	+355.1K	2026-03-31
BlackRock, Inc.	709.6K	$338.0M	3.56%	-13.2K	2026-03-31
DIMENSIONAL FUND ADVISORS LP	457.9K	$218.0M	2.30%	+882	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	398.9K	$190.0M	2.00%	--	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	392.6K	$187.0M	1.97%	--	2026-03-31
FIRST TRUST ADVISORS LP	349.2K	$166.0M	1.75%	+100.4K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	295.8K	$140.0M	1.48%	+21.1K	2026-03-31
Pertento Partners LLP	231.2K	$110.0M	1.16%	+21.9K	2026-03-31
STATE STREET CORP	207.5K	$98.0M	1.04%	+1.6K	2026-03-31