Howmet Aerospace Intrinsic Value Calculation – HOWMET AEROSPACE Reports Fourth Quarter Earnings Results for FY2022
March 7, 2023
Earnings report
Howmet Aerospace Intrinsic Value Calculation – HOWMET AEROSPACE ($NYSE:HWM), a leading global provider of advanced aerospace and defense solutions, recently reported fourth quarter earnings results for the fiscal year 2022, as of December 31 2022. The company revealed the results on February 14 2023. The total revenue for the fourth quarter was recorded at USD 111.0 million, marking an impressive 44.2% year over year growth from the same period a year prior.
Additionally, the company reported net income of USD 1513.0 million, up 17.7% from the same period in the previous year. These impressive earnings results come as a result of HOWMET AEROSPACE’s continued focus on providing innovative solutions to their customers. The company remains committed to continuing to develop and deliver advanced aerospace and defense products and services to ensure their customers can succeed in the market. These results provide the company with a solid foundation to build upon in the upcoming fiscal year and years ahead.
Stock Price
On Tuesday, HOWMET AEROSPACE’s stock opened at $40.3 and closed at $43.0, a 4.7% increase from its last closing price of $41.1. This follows the release of the aerospace company’s fourth quarter earnings report for fiscal year 2022, which showed an increase in earnings compared to the previous period. Overall, the report was well-received by the market, and reflected HOWMET AEROSPACE’s continued success and growth as a leader in the aerospace industry. The company’s stock price rose with today’s news, highlighting investors’ enthusiasm for the company’s performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Howmet Aerospace. More…
| Total Revenues | Net Income | Net Margin |
| 5.66k | 467 | 10.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Howmet Aerospace. More…
| Operations | Investing | Financing |
| 733 | -135 | -526 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Howmet Aerospace. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.26k | 6.65k | 8.74 |
Key Ratios Snapshot
Some of the financial key ratios for Howmet Aerospace are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -26.4% | -15.9% | 14.7% |
| FCF Margin | ROE | ROA |
| 9.5% | 15.2% | 5.1% |
Analysis – Howmet Aerospace Intrinsic Value Calculation
At GoodWhale, we performed a comprehensive analysis to assess the wellbeing of HOWMET AEROSPACE. After careful consideration, our proprietary Valuation Line was used to determine the fair value of HOWMET AEROSPACE’s shares and currently estimate it to be around $31.0. However, the current market price for HOWMET AEROSPACE stock is trading at $43.0, thus overvaluing the stock by a staggering 38.9%. We understand the importance of accurate price valuation and believe that through our thorough approach and detailed research, we are able to provide reliable and helpful insight. More…
Peers
Its main competitors are Rolls-Royce Holdings PLC, General Dynamics Corp, and Raytheon Technologies Corp.
– Rolls-Royce Holdings PLC ($LSE:RR.)
Rolls-Royce Holdings PLC is a British multinational engineering company incorporated in February 2011 that owns Rolls-Royce, a business founded in 1904 which today designs, manufactures and distributes power systems for aviation and other industries.
The company has a market cap of 7.25B as of 2022 and a Return on Equity of 21.06%. Rolls-Royce is a global leader in the design, manufacture and distribution of power systems for aviation and other industries. The company’s products and services power more than 35,000 aircraft and over 10,000 ships worldwide.
– General Dynamics Corp ($NYSE:GD)
General Dynamics Corporation is an American aerospace and defense conglomerate company formed by mergers and divestitures, and as of 2012, it is the fifth largest defense contractor in the world. It is headquartered in West Falls Church, The company has a market cap of 68.15B as of 2022 and a Return on Equity of 15.38%. The company is involved in the design, development, and manufacture of products and services for the aerospace and defense industries.
– Raytheon Technologies Corp ($NYSE:RTX)
Raytheon Technologies Corporation is an aerospace and defense company that provides products and services for the commercial, military, and government markets. The company has a market cap of 140.18B as of 2022 and a Return on Equity of 5.82%. Raytheon Technologies is a technology leader in defense, security, and commercial aerospace. The company’s products and services include aircraft engines, radar, and other electronic systems.
Summary
This drove the stock price higher, which further indicates investors’ confidence in the company. Howmet Aerospace has achieved financial success on the back of excellent strategic decisions and continued dedication to value creation for its stakeholders. Investors looking to capitalize on such success should consider investing in Howmet Aerospace for their portfolio.
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