GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (WBO:HWM) » Definitions » EV-to-FCF

Howmet Aerospace (WBO:HWM) EV-to-FCF : 45.35 (As of May. 02, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Howmet Aerospace EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Howmet Aerospace's Enterprise Value is €28,501 Mil. Howmet Aerospace's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was €628 Mil. Therefore, Howmet Aerospace's EV-to-FCF for today is 45.35.

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

WBO:HWM' s EV-to-FCF Range Over the Past 10 Years
Min: -584.85   Med: -14.63   Max: 465.99
Current: 44.78

During the past 10 years, the highest EV-to-FCF of Howmet Aerospace was 465.99. The lowest was -584.85. And the median was -14.63.

WBO:HWM's EV-to-FCF is ranked worse than
69.74% of 152 companies
in the Aerospace & Defense industry
Industry Median: 27.86 vs WBO:HWM: 44.78

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 to determine the fair market value of a company.

As of today (2024-05-02), Howmet Aerospace's stock price is €62.98. Howmet Aerospace's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was €1.697. Therefore, Howmet Aerospace's PE Ratio for today is 37.11.


Howmet Aerospace EV-to-FCF Historical Data

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.

* Premium members only.

Howmet Aerospace EV-to-FCF Chart

Howmet Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.35 -62.07 68.41 36.64 37.34

Howmet Aerospace Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.64 41.63 41.46 32.78 37.34

Competitive Comparison of Howmet Aerospace's EV-to-FCF

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's EV-to-FCF Distribution in the 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 EV-to-FCF Calculation

Howmet Aerospace's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=28500.871/628.465
=45.35

Howmet Aerospace's current Enterprise Value is €28,501 Mil.
Howmet Aerospace's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €628 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  (WBO:HWM) 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 to determine the fair market value of a company.

Howmet Aerospace's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=62.98/1.697
=37.11

Howmet Aerospace's share price for today is €62.98.
Howmet Aerospace's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.697.

* 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

Thank you for viewing the detailed overview of Howmet Aerospace's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Howmet Aerospace (WBO:HWM) Business Description

Traded in Other Exchanges
Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.

Howmet Aerospace (WBO:HWM) Headlines