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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | 29.1x - 32.2x | 30.6x |
Selected Fwd P/E Multiple | 22.6x - 25.0x | 23.8x |
Fair Value | 89.40$ - 98.81$ | 94.11$ |
Upside | -9.9% - -0.4% | -5.1% |
Benchmarks | - | Full Ticker |
Huntington Ingalls Industries, Inc. | - | NYSE:HII |
Northrop Grumman Corporation | - | NYSE:NOC |
V2X, Inc. | - | NYSE:VVX |
Honeywell International Inc. | - | NasdaqGS:HON |
AECOM | - | NYSE:ACM |
BWX Technologies, Inc. | - | NYSE:BWXT |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
HII | NOC | VVX | HON | ACM | BWXT | |||
NYSE:HII | NYSE:NOC | NYSE:VVX | NasdaqGS:HON | NYSE:ACM | NYSE:BWXT | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 0.0% | 13.2% | 0.9% | -1.5% | 19.1% | 2.9% | ||
3Y CAGR | 0.4% | -15.9% | -8.8% | 1.0% | 19.7% | -2.7% | ||
Latest Twelve Months | -19.2% | 103.0% | 253.7% | 0.8% | 375.5% | 14.7% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 6.0% | 10.8% | 1.1% | 15.4% | 0.8% | 12.0% | ||
Prior Fiscal Year | 5.9% | 5.2% | -0.6% | 15.4% | 0.8% | 9.8% | ||
Latest Fiscal Year | 4.8% | 10.2% | 0.8% | 14.8% | 3.1% | 10.4% | ||
Latest Twelve Months | 4.8% | 10.2% | 0.8% | 14.8% | 3.6% | 10.4% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 10.8x | 12.8x | 9.1x | 16.6x | 12.3x | 24.1x | ||
Price / LTM Sales | 0.7x | 1.8x | 0.4x | 3.5x | 0.8x | 3.4x | ||
LTM P/E Ratio | 14.6x | 17.8x | 45.1x | 23.9x | 20.9x | 32.2x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | 14.6x | 20.9x | 45.1x | |||||
Historical LTM P/E Ratio | 17.0x | 20.9x | 32.2x | |||||
Selected P/E Multiple | 29.1x | 30.6x | 32.2x | |||||
(x) LTM Net Income | 282 | 282 | 282 | |||||
(=) Equity Value | 8,202 | 8,633 | 9,065 | |||||
(/) Shares Outstanding | 91.5 | 91.5 | 91.5 | |||||
Implied Value Range | 89.65 | 94.37 | 99.09 | |||||
FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 89.65 | 94.37 | 99.09 | 99.21 | ||||
Upside / (Downside) | -9.6% | -4.9% | -0.1% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | HII | NOC | VVX | HON | ACM | BWXT | |
Value of Common Equity | 8,056 | 74,142 | 1,565 | 136,462 | 12,279 | 9,076 | |
(/) Shares Outstanding | 39.2 | 144.8 | 31.6 | 648.8 | 132.7 | 91.5 | |
Implied Stock Price | 205.32 | 512.19 | 49.55 | 210.34 | 92.54 | 99.21 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 205.32 | 512.19 | 49.55 | 210.34 | 92.54 | 99.21 | |
Trading Currency | USD | USD | USD | USD | USD | USD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |