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Howmet AerospaceHWM +0.76%82 EV-to-OCF is 56.62 as of Jul. 26, 2026, which is 92% below its 10-year median of 716.06. GuruFocus rates HWM with a GF Score™ of 82/100 and a GF Value™ of $141.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 360 Aerospace & Defense companies, Howmet Aerospace ranks worse than 84.44% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Howmet Aerospace's Enterprise Value is $117,986 Mil.
Howmet Aerospace's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $2,084 Mil. Therefore, Howmet Aerospace's EV-to-OCF for today is 56.62.
The historical rank and industry rank for Howmet Aerospace's EV-to-OCF or its related term are showing as below:
HWM'
s EV-to-OCF Range Over the Past 10 Years
Min: -7410.78 Med: 716.06 Max: 39149.89
Current: 56.62
During the past 12 years, the highest EV-to-OCF of Howmet Aerospace was 39149.89. The lowest was -7410.78. And the median was 716.06.
HWM's EV-to-OCF is ranked worse than 84.44% of 360
companies
in the Aerospace & Defense industry
Industry Median: 14.18
vs HWM: 56.62
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Howmet Aerospace's PE Ratio (TTM) for today is calculated as:
Howmet Aerospace's share price for today is $289.26.
Howmet Aerospace's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.173.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Howmet Aerospace EV-to-OCF Related Terms
Howmet Aerospace EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Aerospace & Defense subindustry, Howmet Aerospace's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Howmet Aerospace EV-to-OCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's EV-to-OCF falls into.
Howmet Aerospace's current Enterprise Value is $117,986 Mil.
Howmet Aerospace's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,084 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Howmet Aerospace (HWM) has a EV-to-OCF of 56.62 as of Jul. 26, 2026. This is 92% below median its historical median of 716.06. According to the industry distribution chart, Howmet Aerospace ranks #304 out of 360 companies in the Aerospace & Defense industry, placing it in the top 84.4%.
Is Howmet Aerospace's EV-to-OCF too high?
Howmet Aerospace's current EV-to-OCF of 56.62 is 92% below median its 10-year median of 716.06. The Aerospace & Defense industry median EV-to-OCF is 14.18. Howmet Aerospace's value of 56.62 is 299.3% above this industry median. Based on the distribution chart, Howmet Aerospace ranks #304 out of 360 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Howmet Aerospace has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howmet Aerospace's EV-to-OCF compare to LMT and GD?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #304 out of 360 companies for EV-to-OCF. This places Howmet Aerospace in the lower half of its industry. The industry median EV-to-OCF is 14.18. Howmet Aerospace's value of 56.62 is 299.3% above this benchmark. While the company's 10-year median is 716.06 vs. the industry median of 14.18, Howmet Aerospace has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Aerospace & Defense company?
The median EV-to-OCF among Aerospace & Defense companies is 14.18, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current EV-to-OCF of 56.62 is 299.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median EV-to-OCF is 14.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current EV-to-OCF is 56.62, which is 92% below median its own 10-year median of 716.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howmet Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Howmet Aerospace (HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is $141.30, compared to a current price of $289.26 — trading 104.7% above its estimated fair value. The current EV-to-OCF is 56.62, which is 92% below median its 10-year median of 716.06 and 299.3% above the Aerospace & Defense industry median of 14.18. Howmet Aerospace's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Howmet Aerospace (HWM), the current EV-to-OCF is 56.62 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Howmet Aerospace (HWM) Overvalued in 2026?
Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued.
The current stock price of $289.26 is trading 104.7% above its estimated GF Value™ of $141.30.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for HWM:
EV-to-OCF: 56.62 (92% below median its 10-year median of 716.06)
GF Value™: $141.30 vs. price of $289.26 (104.7% above fair value)
Industry Position: 299.3% above the Aerospace & Defense median (#304 of 360)
No single metric tells the full story. See the HWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howmet Aerospace Inc offers engineered solutions for the aerospace and transportation industries. The company's products and solutions include investment castings for jet engines and industrial gas turbines; seamless rolled rings for jet engines; fastening systems for aerospace, industrial and commercial transportation applications; forged jet engine components (e.g., jet engine disks); machined and forged aircraft parts; and forged aluminum commercial vehicle wheels, all of which are sold directly to customers or through distributors. It has four reportable segments: Engine Products, which derives key revenue, Fastening Systems, Engineered Structures, and Forged Wheels. Geographically, the company derives maximum revenue from the USA, followed by France, Japan, Germany, and other markets.
82GF Score
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