Using the PEG framework with analyst consensus forward EPS growth of 25.0% plus 0.7% dividend yield, Seagate Technology Holdings plc has a fair value of $323.83 based on NTM EPS (FY2026) of $12.95. The current PEG ratio is 0.81.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
Growth above 25% is capped — hypergrowth may not be sustainable long-term.
| EPS Growth RateForward | 35.7% |
| Dividend Yield | +0.7% |
| Adjusted Growth (clamped 8–25%)Clamped | 25.0% |
| Fair P/E | 25.0x |
| NTM EPS (FY2026) | $12.95 |
| Fair Value | $323.83 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $6.77 | — | — |
| FY2026E | $12.95 | +91.3% | 16 |
| FY2027E | $19.77 | +52.6% | 17 |
| FY2028E | $25.05 | +26.7% | 16 |
| FY2029E | $32.86 | +31.2% | 8 |
| FY2030E | $31.14 | -5.2% | 8 |
5Y Forward EPS CAGR: 35.7%
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.
| Year | Net Income | EPS | YoY |
|---|
| FY2021 | $1.3B | $5.36 | — |
| FY2022 | $1.6B | $7.36 | +37.3% |
| FY2023 | $-529.0M | $-2.56 | -134.8% |
| FY2024 | $335.0M | $1.58 | — |
| FY2025 | $1.5B | $6.77 | +328.5% |
4Y Historical EPS CAGR: 6.0%