GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (WBO:HWM) » Definitions » Price-to-Free-Cash-Flow

Howmet Aerospace (WBO:HWM) Price-to-Free-Cash-Flow

: 39.74 (As of Today)
View and export this data going back to 2018. Start your Free Trial

As of today (2024-04-19), Howmet Aerospace's share price is €60.28. Howmet Aerospace's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €1.52. Hence, Howmet Aerospace's Price-to-Free-Cash-Flow Ratio for today is 39.74.

The historical rank and industry rank for Howmet Aerospace's Price-to-Free-Cash-Flow or its related term are showing as below:

WBO:HWM' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 26.08   Med: 41.49   Max: 369.58
Current: 38.55

During the past 10 years, Howmet Aerospace's highest Price-to-Free-Cash-Flow Ratio was 369.58. The lowest was 26.08. And the median was 41.49.

WBO:HWM's Price-to-Free-Cash-Flow is ranked worse than
67.31% of 156 companies
in the Aerospace & Defense industry
Industry Median: 23.355 vs WBO:HWM: 38.55

Howmet Aerospace's Free Cash Flow per Share for the three months ended in Dec. 2023 was €0.90. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was €1.52.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Howmet Aerospace was 27.70% per year.

During the past 10 years, Howmet Aerospace's highest 3-Year average Free Cash Flow per Share Growth Rate was 45.10% per year. The lowest was 25.30% per year. And the median was 35.20% per year.


Howmet Aerospace Price-to-Free-Cash-Flow Historical Data

The historical data trend for Howmet Aerospace's Price-to-Free-Cash-Flow 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 55.36 30.72 33.02

Howmet Aerospace Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only 30.72 35.07 35.68 28.00 33.02

Competitive Comparison

For the Aerospace & Defense subindustry, Howmet Aerospace's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's Price-to-Free-Cash-Flow falls into.



Howmet Aerospace Price-to-Free-Cash-Flow Calculation

Howmet Aerospace's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=60.28/1.517
=39.74

Howmet Aerospace's Share Price of today is €60.28.
Howmet Aerospace's Free Cash Flow per Share 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 €1.52.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Howmet Aerospace  (WBO:HWM) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Howmet Aerospace Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Howmet Aerospace's Price-to-Free-Cash-Flow 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