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Masco Corporation — Intrinsic Value & Fair Price

MAS
NYSEBasic MaterialsConstruction MaterialsCIK 0000062996masco.comAbout MAS
Last close · Oct 16, 202672.87+0.29 (+0.40%)
Market cap$14.4B
Model value · DCF · Perpetuity growth · 5y
60.46
Masco closed at $72.87 — overvalued by 21% vs model.
40.16the model's range115.34

DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
22.67 – 76.69
Wall St. target
75.00 3% below
Above model, 1y
5 of 20 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
1.74%
Past 2 years
low 1.35%high 2.13%
Dividends per share, a year at a time
$0.75Aug ’21$1.08Aug ’22$1.14Aug ’23$1.16Aug ’24$1.22Aug ’25$1.27TTM
Dividends / free cash flow, FY2025
30.1%
Raised
12 years in a row
Growth, 5 yrs
11.1% a year
Last change
+3.2% · Feb 2026
Every payment, with ex-dates · latest $0.32, paid Aug 28, 2026

Research on MAS

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How it is valued

Valued asCyclical
Revenue declining (~-3% recent)Moderate margins (11% net margin)Pays dividendsHighly cyclical earningsHigh leverage (D/E 5.0x)Strong FCF yield (6.0%)
What growth the price implies: the reverse DCF

Key figures

FY2025 · chosen for cyclical companies
P/E
18.9×
EV / EBITDA
12.0×
FCF yield
5.7%
Dividend yield, TTM
1.74%
Beta
1.29
Cost of capital (WACC)
8.98%
Full financials

Analyst actions

third-party, quoted
10-07RBC Capital · target69.00
10-06Melius Research · target75.00
08-24D.A. Davidson · target80.00
07-30Evercore ISI Group · “In Line” from “Outperform”downgrade
Ratings, targets and estimates

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just MAS. No account.

About Masco

Masco Corporation is a prominent global manufacturer and distributor of home improvement and building products, serving markets across North America, Europe, and other international regions. The company operates through two main segments. Its Plumbing Products division offers a vast array of items, from fixtures like faucets, showerheads, and valves to comprehensive bathing solutions such as tubs, shower bases, sinks, and toilets. This segment also provides high-end offerings like spas, exercise pools, and fitness systems, alongside crucial plumbing system components made from brass, copper, and composites, as well as connected water technologies, thermoplastic solutions, and PEX tubing. These products are sold under numerous recognized brands, including DELTA, HANSGROHE, KRAUS, HOT SPRING, and ENDLESS POOLS. The Decorative Architectural Products segment enhances both the aesthetic and functional aspects of homes. Its portfolio includes various paints, primers, specialty coatings, stains, and waterproofing products, along with associated applicators. It also supplies diverse cabinet and door hardware, functional hardware, wall plates, closet organization systems, and picture hanging accessories. Additionally, this segment provides decorative bath hardware, mirrors, shower doors, and a wide selection of indoor and outdoor lighting fixtures, such as ceiling fans, landscape lighting, and LED systems. Key brands in this segment include BEHR, KILZ, LIBERTY, and KICHLER. Masco distributes its extensive product range through a broad network of channels, encompassing plumbing, heating, and hardware wholesalers; home centers and online retailers; independent hardware stores; electrical and landscape distributors; lighting showrooms; building supply outlets; and various mass merchandisers. Masco Corporation was founded in 1929 and is headquartered in Livonia, Michigan.

CEO
Jonathon J. Nudi
Headquarters
Livonia, MI
Employees
18,000
IPO
1980-03-17
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.