Howmet AerospaceHWM -1.07%82 EV-to-FCF is 66.80 as of Jul. 10, 2026, which is 78% above its 10-year median of 37.56. GuruFocus rates HWM with a GF Score™ of 82/100 and a GF Value™ of $140.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 180 Aerospace & Defense companies, Howmet Aerospace ranks worse than 72.78% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Howmet Aerospace's Enterprise Value is $110,620 Mil.
Howmet Aerospace's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,656 Mil. Therefore, Howmet Aerospace's EV-to-FCF for today is 66.80.
The historical rank and industry rank for Howmet Aerospace's EV-to-FCF or its related term are showing as below:
HWM'
s EV-to-FCF Range Over the Past 10 Years
Min: -584.85 Med: 37.56 Max: 465.99
Current: 66.8
During the past 12 years, the highest EV-to-FCF of Howmet Aerospace was 465.99. The lowest was -584.85. And the median was 37.56.
HWM's EV-to-FCF is ranked worse than 72.78% of 180
companies
in the Aerospace & Defense industry
Industry Median: 35.65
vs HWM: 66.80
EV-to-FCF 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-FCF 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 $270.85.
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 $4.310.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Howmet Aerospace EV-to-FCF Related Terms
Howmet Aerospace EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's EV-to-FCF falls into.
Howmet Aerospace's current Enterprise Value is $110,620 Mil.
Howmet Aerospace's Free Cash Flow 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 $1,656 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-FCF of 66.80 as of Jul. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Howmet Aerospace and its competitors. This is 78% above median its historical median of 37.56. According to the industry distribution chart, Howmet Aerospace ranks #131 out of 180 companies in the Aerospace & Defense industry, placing it in the top 72.8%.
Is Howmet Aerospace's EV-to-FCF too high?
Howmet Aerospace's current EV-to-FCF of 66.80 is 78% above median its 10-year median of 37.56. The Aerospace & Defense industry median EV-to-FCF is 35.65. Howmet Aerospace's value of 66.80 is 87.4% above this industry median. Based on the distribution chart, Howmet Aerospace ranks #131 out of 180 companies in the Aerospace & Defense industry, which is below the industry midpoint. 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-FCF compare to LMT and GD?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #131 out of 180 companies for EV-to-FCF. This places Howmet Aerospace in the lower half of its industry. The industry median EV-to-FCF is 35.65. Howmet Aerospace's value of 66.80 is 87.4% above this benchmark. While the company's 10-year median is 37.56 vs. the industry median of 35.65, 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-FCF for an Aerospace & Defense company?
The median EV-to-FCF among Aerospace & Defense companies is 35.65, based on 180 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current EV-to-FCF of 66.80 is 87.4% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Howmet Aerospace and its competitors. For the Aerospace & Defense industry, the median EV-to-FCF is 35.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current EV-to-FCF is 66.80, which is 78% above median its own 10-year median of 37.56. 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 $140.27, compared to a current price of $270.85 — trading 93.1% above its estimated fair value. The current EV-to-FCF is 66.80, which is 78% above median its 10-year median of 37.56 and 87.4% above the Aerospace & Defense industry median of 35.65. Howmet Aerospace's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Howmet Aerospace (HWM), the current EV-to-FCF is 66.80 as of Jul. 10, 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 $270.85 is trading 93.1% above its estimated GF Value™ of $140.27.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for HWM:
EV-to-FCF: 66.80 (78% above median its 10-year median of 37.56)
GF Value™: $140.27 vs. price of $270.85 (93.1% above fair value)
Industry Position: 87.4% above the Aerospace & Defense median (#131 of 180)
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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