WATTS WATER TECHNOLOGIES INC (WTS)

Miscellaneous Fabricated Metal Products

Latest Price

$345.79

TTM P/E

31.64

Normalized P/E

41.40

Div Yield

0.60%

Book Value

62.58

P/B Ratio

5.53

Valuation metrics

EPS: $10.17

Book value / share: $60.53

Formula: √(22.5 × EPS × BVPS)

Graham Number

$117.69

66% downside

Norm. op. income: $315M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

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

Earnings Power Value

$76.72

78% downside

Base FCF: $281M (median of recent 5yr)

Growth: 14%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$286.99

17% downside

EPS: $10.17

Target P/E: 41×

Formula: EPS × P/E

P/E Fair Value

$416.97

+21% upside

74.8% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	3.67M	$1.07B	10.97%	+68.1K	2026-03-31
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	2.13M	$617.0M	6.35%	-18.4K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	1.66M	$482.0M	4.96%	--	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	1.23M	$356.0M	3.66%	--	2026-03-31
STATE STREET CORP	991.1K	$287.0M	2.96%	+14.2K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	918.9K	$266.0M	2.74%	+86.8K	2026-03-31
PRICE T ROWE ASSOCIATES INC /MD/	868.8K	$252.0M	2.59%	+61.1K	2026-03-31
Boston Partners	755.9K	$219.0M	2.26%	-135.7K	2026-03-31
Impax Asset Management Group plc	588.0K	$170.0M	1.76%	-59.9K	2026-03-31
FIRST TRUST ADVISORS LP	545.4K	$158.0M	1.63%	+34.4K	2026-03-31