Using the PEG framework with analyst consensus forward EPS growth of 8.0% plus 1.1% dividend yield, Leidos Holdings, Inc. has a fair value of $94.73 based on NTM EPS (FY2026) of $11.84. The current PEG ratio is 2.07.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
PEG tends to undervalue slow growers — consider dividend yield and asset value instead.
| EPS Growth RateForward | 5.4% |
| Dividend Yield | +1.1% |
| Adjusted Growth (clamped 8–25%)Clamped | 8.0% |
| Fair P/E | 8.0x |
| NTM EPS (FY2026) | $11.84 |
| Fair Value | $94.73 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $11.13 | — | — |
| FY2026E | $11.84 | +6.4% | 9 |
| FY2027E | $12.25 | +3.4% | 8 |
| FY2028E | $12.87 | +5.1% | 8 |
| FY2029E | $13.73 | +6.6% | 6 |
4Y Forward EPS CAGR: 5.4%
| Year | Net Income | EPS | YoY |
|---|
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.
| FY2021 | $753.0M | $5.27 | — |
| FY2022 | $685.0M | $4.96 | -5.9% |
| FY2023 | $199.0M | $1.44 | -71.0% |
| FY2024 | $1.3B | $9.22 | +540.3% |
| FY2025 | $1.5B | $11.13 | +20.7% |
4Y Historical EPS CAGR: 20.6%