AOS

NYSE

SMITH A O CORP

Industrials, Building Products

$63.98

close 7 Aug 2026

-9.29%

52-week change

$8.70B

market cap

$54.16

$81.87

52-week range

Expected price

$65.46 – $80.01

Current price

$63.98

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)17.82x

P/S (TTM)2.29x

P/B4.72x

EV/EBITDA (TTM)12.06x

FCF yield (TTM)7.35%

PEG (TTM, GAAP)0.49

Context

P/E, own 5-year average24.09x

P/E, sector median29.72x*

Price at 5-year median P/E$73.35*

Indicated dividend yield2.25%

Forward — analyst consensus

Forward P/E (FY2026)17.09x*

Forward P/E (FY2027)15.62x

Forward PEG1.81*

Consensus EPS FY2026 (12 analysts)$3.74

EPS growth (FY2026→FY2027)9.43%

Revenue growth (FY2026)1.69%

Street view

Price target (mean)$69.91*

Target upside9.27%

Ratings (buy / hold / sell)5 / 6 / 2

FY2026 EPS revisions, 30d (up / down)1 / 3

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 30 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +1.56%10Y CAGR +6.94%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$63.98

Cash & equivalents$181.30M

Total debt$637.50M

Shares outstanding135.91M

Result

DCF price per share$78.13

Current price$63.98

Margin of safety+22.11%

PV of years 1–10$4.63B

PV of terminal value$6.44B

Equity value$10.62B

Market-implied growth-0.90%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$649.37M	$659.50M	$669.79M	$680.24M	$690.85M	$701.63M	$712.58M	$723.69M	$734.98M	$746.45M	$13.91B
PV	$601.27M	$565.42M	$531.70M	$500.00M	$470.18M	$442.15M	$415.78M	$390.99M	$367.67M	$345.75M	$6.44B

period to 30 Jun 2026, filed 30 Jul 2026, close 7 Aug 2026