---
title: Masco (MAS) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/mas
ticker: MAS
as_of: 2026-10-17
sector: Basic Materials
industry: Construction Materials
---
# Masco (MAS)

Masco (MAS) closed at $72.87 on Oct 16, 2026, overvalued by 21% vs its model value of $60.46 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $72.87 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $60.46 |
| Price vs model | overvalued by 21% vs model |
| Range of that model | $40.16 – $115.34 |
| Market value | $14.4B |
| P/E (fiscal 2025) | 18.9 |
| Net margin (fiscal 2025) | 10.7% |
| Free cash flow (fiscal 2025) | $866.0M |
| Dividend yield (trailing twelve months) | 1.74% |
| Beta | 1.29 |
| Cost of capital (WACC) | 8.98% |
| Business classification | Cyclical (Revenue declining (~-3% recent), Moderate margins (11% net margin), Pays dividends, Highly cyclical earnings, High leverage (D/E 5.0x), Strong FCF yield (6.0%)) |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 1.74% |
| Dividends per share, last 12 months | $1.27 |
| Dividends / free cash flow (fiscal 2025) | 30.1% |
| Raised | 12 years in a row |
| Growth over 5 years | 11.1% a year |
| Latest payment | $0.32, ex-date Aug 24, 2026, paid Aug 28, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 12, 2021 | $0.75 |
| To Aug 11, 2022 | $1.08 |
| To Aug 10, 2023 | $1.14 |
| To Aug 2, 2024 | $1.16 |
| To Aug 8, 2025 | $1.22 |
| Trailing twelve months (to Aug 24, 2026) | $1.27 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $60.46 | $40.16 | $115.34 |
| DCF · Perpetuity growth · 10y | cross check | $62.40 | $42.87 | $114.12 |
| DCF · EBITDA exit · 5y | cross check | $71.55 | $46.15 | $101.50 |
| DCF · EBITDA exit · 10y | cross check | $70.76 | $46.98 | $102.54 |
| P/E · peers | cross check | $76.69 | $64.99 | $104.93 |
| P/E · own history | cross check | $76.34 | $68.61 | $85.56 |
| PEG | sanity check | $49.52 | $49.52 | $49.52 |
| EV/EBITDA · peers | cross check | $65.08 | $57.42 | $71.12 |
| EV/Revenue · peers | cross check | $75.53 | $57.57 | $88.45 |
| Earnings power value | cross check | $31.80 | $25.69 | $40.37 |
| Dividend discount | cross check | $22.67 | $16.40 | $33.85 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| May 8, 2026 | Stevens Charles K. III | Director | Grant / award | 2,650 | $0 |
| May 8, 2026 | Sandeep Reddy | Director | Grant / award | 2,650 | $0 |
| May 8, 2026 | PLANT JOHN C | Director | Grant / award | 2,650 | $0 |
| May 8, 2026 | PAYNE LISA A | Director | Grant / award | 2,650 | $0 |
| May 8, 2026 | O'HERLIHY CHRISTOPHER A | Director | Grant / award | 2,650 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Jul 29, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/62996/000006299626000027/mas-20260630.htm |
| Jul 29, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/62996/000006299626000026/mas-20260729.htm |
| May 14, 2026 | 8-K | 5.03 Amendment to Articles/Bylaws; 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/62996/000006299626000016/mas-20260508.htm |
| Apr 22, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/62996/000006299626000014/mas-20260331.htm |
| Apr 22, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/62996/000006299626000013/mas-20260422.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bill Nygren | 2026-06-30 | 8,318,944 | $676.9M |
| John Rogers | 2026-06-30 | 1,635,096 | $133.0M |
| Yacktman | 2026-06-30 | 286,085 | $23.3M |
| Bridgewater | 2026-06-30 | 66,385 | $5.4M |

4 tracked managers in all.

## About

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 f…

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Source: https://sweetvaluelab.com/stocks/mas (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.