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L3Harris Technologies (LTS:0L3H) EV-to-FCF : 30.52 (As of Dec. 16, 2024)


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What is L3Harris Technologies EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, L3Harris Technologies's Enterprise Value is $54,697 Mil. L3Harris Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 was $1,792 Mil. Therefore, L3Harris Technologies's EV-to-FCF for today is 30.52.

The historical rank and industry rank for L3Harris Technologies's EV-to-FCF or its related term are showing as below:

LTS:0L3H' s EV-to-FCF Range Over the Past 10 Years
Min: 13.86   Med: 24.99   Max: 126.2
Current: 30.52

During the past 13 years, the highest EV-to-FCF of L3Harris Technologies was 126.20. The lowest was 13.86. And the median was 24.99.

LTS:0L3H's EV-to-FCF is ranked better than
55.13% of 156 companies
in the Aerospace & Defense industry
Industry Median: 35.63 vs LTS:0L3H: 30.52

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.

As of today (2024-12-16), L3Harris Technologies's stock price is $222.8662. L3Harris Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $6.330. Therefore, L3Harris Technologies's PE Ratio (TTM) for today is 35.21.


L3Harris Technologies EV-to-FCF Historical Data

The historical data trend for L3Harris Technologies'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.

* Premium members only.

L3Harris Technologies EV-to-FCF Chart

L3Harris Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.82 18.95 20.58 24.11 31.94

L3Harris Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.47 31.94 46.71 37.30 32.10

Competitive Comparison of L3Harris Technologies's EV-to-FCF

For the Aerospace & Defense subindustry, L3Harris Technologies'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.


L3Harris Technologies's EV-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where L3Harris Technologies's EV-to-FCF falls into.



L3Harris Technologies EV-to-FCF Calculation

L3Harris Technologies's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=54697.392/1792
=30.52

L3Harris Technologies's current Enterprise Value is $54,697 Mil.
L3Harris Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,792 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.


L3Harris Technologies  (LTS:0L3H) EV-to-FCF Explanation

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.

L3Harris Technologies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=222.8662/6.330
=35.21

L3Harris Technologies's share price for today is $222.8662.
L3Harris Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.330.

* 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.


L3Harris Technologies EV-to-FCF Related Terms

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L3Harris Technologies Business Description

Address
1025 West NASA Boulevard, Melbourne, FL, USA, 32919
L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, provides military and commercial training services, and maintains the us Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.

L3Harris Technologies Headlines

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