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Elbit SystemsFRA:EB2 -2.27%87 Intrinsic Value: Projected FCF is €126.35 as of Aug. 31, 2026. GuruFocus rates FRA:EB2 with a GF Score™ of 87/100 and a GF Value™ of €382.17 (Significantly Overvalued). Among 197 Aerospace & Defense companies, Elbit Systems ranks worse than 72.08% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-31), Elbit Systems's Intrinsic Value: Projected FCF is €126.35. The stock price of Elbit Systems is €603.00. Therefore, Elbit Systems's Price-to-Intrinsic-Value-Projected-FCF of today is 4.8.
The historical rank and industry rank for Elbit Systems's Intrinsic Value: Projected FCF or its related term are showing as below:
FRA:EB2'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.06 Med: 3.03 Max: 6.57
Current: 4.77
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Elbit Systems was 6.57. The lowest was 2.06. And the median was 3.03.
FRA:EB2's Price-to-Projected-FCF is ranked worse than 72.08% of 197
companies
in the Aerospace & Defense industry
Industry Median: 2.78
vs FRA:EB2: 4.77
Elbit Systems (FRA:EB2) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Elbit Systems's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
603.00
/
132.07381298437
=
4.57
* 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.
Elbit Systems Intrinsic Value: Projected FCF Related Terms
Elbit Systems Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Elbit Systems's Intrinsic Value: Projected 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.
Elbit Systems Intrinsic Value: Projected FCF Chart
FRA:EB2 vs SPCX, GE, RTX: Intrinsic Value: Projected FCF Comparison
For the Aerospace & Defense subindustry, Elbit Systems's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
Elbit Systems Price-to-Projected-FCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Elbit Systems's Price-to-Projected-FCF falls into.
Elbit Systems Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of €126.35 mean?
Elbit Systems (FRA:EB2) has a Intrinsic Value: Projected FCF of €126.35 as of Aug. 31, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Elbit Systems and its competitors. According to the industry distribution chart, Elbit Systems ranks #142 out of 197 companies in the Aerospace & Defense industry, placing it in the top 72.1%.
Is Elbit Systems' Intrinsic Value: Projected FCF too high?
Elbit Systems' current Intrinsic Value: Projected FCF is €126.35. Based on the distribution chart, Elbit Systems ranks #142 out of 197 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Elbit Systems has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elbit Systems' Intrinsic Value: Projected FCF compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Elbit Systems ranks #142 out of 197 companies for Intrinsic Value: Projected FCF. This places Elbit Systems in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Aerospace & Defense company?
The median Intrinsic Value: Projected FCF among Aerospace & Defense companies is 2.78, based on 197 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Elbit Systems and its competitors. For the Aerospace & Defense industry, the median Intrinsic Value: Projected FCF is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elbit Systems's current Intrinsic Value: Projected FCF is €126.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elbit Systems stock overvalued right now?
Based on GuruFocus' analysis, Elbit Systems (FRA:EB2) is currently considered Significantly Overvalued. The stock's GF Value™ is €382.17, compared to a current price of €603.00 — trading 57.8% above its estimated fair value. The current Intrinsic Value: Projected FCF is €126.35. Elbit Systems' overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Elbit Systems (FRA:EB2), the current Intrinsic Value: Projected FCF is €126.35 as of Aug. 31, 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 Elbit Systems (FRA:EB2) Overvalued in 2026?
Based on GuruFocus' analysis, Elbit Systems stock appears to be overvalued.
The current stock price of €603.00 is trading 57.8% above its estimated GF Value™ of €382.17.
GuruFocus considers Elbit Systems to be Significantly Overvalued.
Key valuation signals for FRA:EB2:
Intrinsic Value: Projected FCF: €126.35
GF Value™: €382.17 vs. price of €603.00 (57.8% above fair value)
No single metric tells the full story. See the FRA:EB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security and commercial flight capabilities. Its systems and solutions may be installed on new platforms or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company operates in five segments: Aerospace; C4I and Cyber; ISTAR and EW; Land; and ESA. It derives maximum revenue from Land Segment. Geographically, it operates in Israel; North America; Europe; Asia-Pacific; Latin America; and Others.
87GF Score
Get the complete analysis for FRA:EB2
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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