Booz Allen Hamilton Holding (BAH) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Booz Allen Hamilton Holding stock $160, price $89.32, upside +79.1%, quality 62 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range $59.71 – $178.70 · fair‑value band $92.26 – $208.98 · the $89.32 price screens below the $159.98 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Booz Allen Hamilton Holding Corporation, a technology company, provides technology solutions using artificial intelligence, cyber, and other technologies for government's cabinet-level departments and commercial customers in the United States and internationally.
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The company offers artificial intelligence (AI) which creates purpose-built AI solutions that adapt commercial and technology to the needs of the federal government; cyber solutions; and legacy systems with cloud-enabled infrastructure, data platforms, and software applications.
It also provides multi-modal data fusion coupled with cyber and AI for intelligence, surveillance, and reconnaissance, earth observation, and domain awareness and battle management; and quantum information sciences that provides quantum computing, quantum sensing, quantum communications, post-quantum compute readiness, and post-quantum cryptography.
Booz Allen Hamilton Holding Corporation was founded in 1914 and is headquartered in McLean, Virginia.
Stock analysis
Booz Allen Hamilton Holding (BAH) currently trades at $89.32, while our model-based Fair Value estimate is $159.98, implying the stock looks roughly 44% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $172.59 per share, and 17 of the 24 models we run sit above the $89.32 price.
Bear case: the Dividend Discount group reads lowest at $37.52, and 7 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: $92.26 (bear) to $208.98 (bull), the price of $89.32 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Booz Allen Hamilton Holding reported revenue of $11.2B in FY2026 versus $8.4B in FY2022, a compound +7.6%/yr. Reported net income was $851M in FY2026, compounding +16.2%/yr from FY2022.
Key figures
Market cap $11.0B Large · P/E ratio 14.0 · P/S ratio 1.00 · EPS (TTM) $6.36 · Dividend yield 2.6% · Net margin 7.1% · Return on equity 70.0% · Return on assets (EBIT) 13.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 61 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 50% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −7% fair-value upside, at 79%, BAH screens cheaper than that median.
Fair Value models
Bear$92.26Fair Value $159.98Bull$208.98
Price $89.32 · Upside +79.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then ($2.44 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 3 officers or directors sold shares worth $335,429 and none bought.
SaleJoshua PettyEVP & General Counsel1,500 shares at $82.92$124,380Oct 28, 2026
SaleBuffum Shannon FitzgeraldExecutive Vice President2,105 shares at $82.90$174,505Oct 28, 2026
SaleDennis MetzfieldVP, PAO & Controller2× since Feb 26, 2026: 819 shares, avg. $78.21$64,051Aug 13, 2026
Plus 25 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.74/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−6.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.4%
Start year 2021 (pandemic). Over 10 years: +7.6% a year
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+10.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.3%
Dividend (yield on the price)2.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.14.8% vs 14.9%, steady
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 10%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+1.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −1.2% a year for the price and +1.1% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (96 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Moderate position in government consulting forms the main strength, while high leverage and limited differentiation evidence stand out as the central weakness.
Main risk: Booz Allen derives nearly all revenue from US government contracts and faces reviews, cancellations and budget pressure under efficiency initiatives such as DOGE, which could reduce contract volumes and margins.
Bull case: By expanding its Anthropic partnership and AI defense products into regulated missions, Booz Allen could secure larger, higher-margin government AI contracts and reduce reliance on traditional hourly consulting.
Bear case: Further contract reviews or cancellations tied to compliance concerns could shrink the federal revenue base and force deeper restructuring in an already concentrated government market.
Booz Allen has become a founding partner in Anthropic’s Critical Infrastructure Defense Program to counter AI-powered threats to essential systems. The move extends its consulting work into joint research and practical defenses, yet it also highlights the shift toward more product-like AI offerings. Will this accelerate higher-margin solutions or expose execution risks in blending frontier models with regulated missions?
Compare Booz Allen Hamilton Holding with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Consulting Services · 74 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score62 · Above median
Fair Value upside+79.1% · Top 25%
Profitability
Return on equity (12 months)70.0% · Top 25%
Return on assets11.5% · Top 25%
Net margin (12 months)7.1% · Above median
Operating margin (12 months)8.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)−3.9% · Below median
Dividend yield (12 months)2.6% · Below median
Balance sheet
Debt / equity3.55× · Highest 25%
Valuation Multiplesvs Consulting Services median · lower = cheaper
P/E (12 months)14.0× · Cheaper than median
P/B9.96× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)1.00× · Cheaper than median
Price / free cash flow (fiscal year)11.6× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Booz Allen Hamilton Holding Fair Value". https://www.fairvalue-calculator.com/stock/BAH
Frequently asked questions
Is Booz Allen Hamilton Holding (BAH) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of $159.98 versus a price of $89.32, about +79% upside (undervalued).
What is the fair value of BAH?
Our model-based fair value for Booz Allen Hamilton Holding is $159.98 (as of Nov 4, 2026), built from audited fundamentals. The current price: $89.32.
What is the quality score of BAH?
Booz Allen Hamilton Holding has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Booz Allen Hamilton Holding (BAH)?
Our model-based price target is the fair value of $159.98 (as of Nov 4, 2026) from 24 valuation models. Cautious scenario $92.26, optimistic scenario $208.98. It is a calculation from audited fundamentals, not an analyst target.
What is the Booz Allen Hamilton Holding stock forecast for 2026?
Our models put fair value at $159.98, about +79% upside versus a price of $89.32 (undervalued). Cautious scenario $92.26, optimistic scenario $208.98. The calculation is refreshed regularly with new filings.
What is the revenue of Booz Allen Hamilton Holding (BAH)?
Booz Allen Hamilton Holding reported trailing-twelve-month revenue of about $11.0B (latest available figure, as of Nov 4, 2026).
Does Booz Allen Hamilton Holding pay a dividend?
Booz Allen Hamilton Holding currently shows a dividend yield of 2.60% relative to its recent price (as of Nov 4, 2026).
What growth is priced into Booz Allen Hamilton Holding (BAH)?
For today's price to be fair in a discounted-cash-flow model, Booz Allen Hamilton Holding would have to grow free cash flow by +1.2 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.4 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of BAH use?
Our models discount Booz Allen Hamilton Holding at 8.5 %: a base by market capitalisation (mid), damped by beta 0.37, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Booz Allen Hamilton Holding that is +1.2 % per year a year over ten years, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Booz Allen Hamilton Holding (BAH) delivered so far?
Over the past 5 years revenue at Booz Allen Hamilton Holding grew +7.4 % a year. The price currently implies +1.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Booz Allen Hamilton Holding (BAH) growing?
The median revenue growth in the sector is +11.4 % a year. That is the yardstick for the growth priced into Booz Allen Hamilton Holding (+1.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Booz Allen Hamilton Holding (BAH)?
The free-cash-flow yield on the price is 8.64 %: that much free cash flow Booz Allen Hamilton Holding produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Booz Allen Hamilton Holding (BAH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Booz Allen Hamilton Holding it is $159.98 per share (as of Nov 4, 2026), against a price of $89.32. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Booz Allen Hamilton Holding stock overvalued or undervalued in 2026?
As of Nov 4, 2026, BAH trades below its calculated fair value: price $89.32, fair value $159.98, a gap of about +79% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BAH?
No. The price is what the market pays today ($89.32); the fair value is what the company's own numbers justify ($159.98). For Booz Allen Hamilton Holding the two are $70.66 per share apart. That gap is exactly why we show both numbers side by side.
How much is Booz Allen Hamilton Holding worth?
The market values Booz Allen Hamilton Holding at about $11.0B (market capitalisation, as of Nov 4, 2026). Per share that is $89.32; our models calculate a fair value of $159.98 per share.
What do the bullish and bearish scenarios say about BAH?
Our models span a range for Booz Allen Hamilton Holding: cautious scenario $92.26, base $159.98, optimistic $208.98 per share (as of Nov 4, 2026, price $89.32). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BAH?
Booz Allen Hamilton Holding trades at a price-to-earnings ratio of 14.0 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $159.98 is built from several models across several years. Excluding one-off items of fiscal year 2026 it is 17.3 (reported for FY2026: 12.9). Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings, FY2017 ex one-offs: 20.0. Other multiples: PEG 1.1, P/B 10.0, P/S 1.0, EV/EBITDA 11.6.
What is the PEG ratio of BAH?
The PEG ratio of Booz Allen Hamilton Holding is 1.09 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Booz Allen Hamilton Holding (BAH)?
Balance-sheet figures for Booz Allen Hamilton Holding (as of Nov 4, 2026): return on equity 70.0%, debt of 3.55 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is BAH from its 52-week high?
Booz Allen Hamilton Holding trades at $89.32, about 11% below its 52-week high of $100.70 and 50% above the low of $59.71 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of $159.98 is for.
Which stocks are comparable to Booz Allen Hamilton Holding?
From the same area (Industrials) we also value Verisk Analytics, Inc, SGS SA, Equifax Inc, Bureau Veritas SA, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Booz Allen Hamilton Holding stock attractive at the current price?
The data as of Nov 4, 2026: price $89.32, calculated fair value $159.98 (+79%), Quality Score 62/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BAH calculated?
We run Booz Allen Hamilton Holding through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $159.98, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Booz Allen Hamilton Holding currently trades 44% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Booz Allen Hamilton Holding (BAH)?
The closing price on Nov 5, 2026 was $89.32. Our model-based fair value is $159.98, about +79% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Booz Allen Hamilton Holding right now?
The price is below even our cautious bear case ($92.26). The market is more pessimistic than our downside scenario. Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($92.26 to $208.98) leaves room in how you read the outcome.
Where does the earnings growth of Booz Allen Hamilton Holding (BAH) come from?
Earnings per share at Booz Allen Hamilton Holding grew +15.4 % a year from 2015 to 2026. Broken into its drivers: revenue per share +10.5 %, EBIT margin +2.1 %, tax rate +2.4 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Booz Allen Hamilton Holding
How large is the market capitalisation of Booz Allen Hamilton Holding (BAH)?
The market capitalisation of Booz Allen Hamilton Holding is $11.0B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Booz Allen Hamilton Holding (BAH)?
The price-to-sales ratio of Booz Allen Hamilton Holding is 1.00 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Booz Allen Hamilton Holding (BAH)?
Earnings per share at Booz Allen Hamilton Holding are $6.36 (price ÷ EPS = P/E 14.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Booz Allen Hamilton Holding (BAH)?
The dividend yield of Booz Allen Hamilton Holding is 2.6% (payout 48.8%, on adjusted earnings, reported 36.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Booz Allen Hamilton Holding (BAH)?
The net margin of Booz Allen Hamilton Holding is 7.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Booz Allen Hamilton Holding (BAH)?
The return on equity (ROE) of Booz Allen Hamilton Holding is 70.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Booz Allen Hamilton Holding (BAH)?
On an EBIT basis the return on assets of Booz Allen Hamilton Holding is 13.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Booz Allen Hamilton Holding (BAH)?
The operating margin of Booz Allen Hamilton Holding is 8.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Booz Allen Hamilton Holding (BAH)?
Revenue at Booz Allen Hamilton Holding is growing −3.9% versus a year earlier (3y avg +6.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Booz Allen Hamilton Holding (BAH)?
Earnings per share at Booz Allen Hamilton Holding are growing +5.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Booz Allen Hamilton Holding (BAH) carry?
The net debt of Booz Allen Hamilton Holding is $3.4B (fiscal year 2026, ≈ 3.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 4, 2026