Using the industry peer median P/E multiple (trailing + forward), Masco Corporation (MAS) has a fair value of $102.54 based on 5 comparable companies in the Construction industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| Masco CorporationMAS | 12,629 | 15.6x | 15.3x |
| Trane Technologies plcTT | 90,804 | 31.5x | 36.7x |
| Johnson Controls International plcJCI | 80,618 | 50.1x | 27.8x |
| Carrier Global CorporationCARR | 46,168 | 32.5x | 21.2x |
| Lennox International Inc.LII | 15,544 | 19.9x | 18.4x |
| Builders FirstSource, Inc.BLDR | 9,107 | 21.2x | 11.7x |
| Industry Median | 31.5x | 21.2x | |
| (*) Profit after tax | 810 | 826 | |
| Equity Value | 25,555 | 17,513 | |
| (/) Outstanding shares | 210 | 210 | |
| Fair Price | $122 | $83 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.