Howmet Aerospace Inc. (HWM)

NYSE · Industrials · market cap 103.33B

Share price

$213.03

At the last nightly close

Intrinsic value

$54.12

Range $54.12 – $58.07 — the conservative figure is the low end.

Margin of safety

-74.6%

($54.12 − $213.03) ÷ $213.03

EV / EBIT

118.9

On the median operating profit of 15 fiscal years through 2025.

How these numbers are computed

The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above starts from the lower of the first two; the Graham Number never enters it.

The frame gives no credit for growth unless the company has earned it: only a return on invested capital that has beaten the cost of capital year after year earns a growth credit, and that credit is capped. A company that compounds will therefore usually read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.

The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.

Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-11-02.

Key metrics

Price / earnings41.8
Price / book14.7
EV / EBITDA27.3
FCF / EV+0.4%
Return on equity+37.7%
Return on assets+14.0%
Debt / equity0.80
Gross margin+36.6%

Market position

52-week high$292.65
52-week low$185.91
From 52-week high-27.2%
RSI (14)49.3
200-day moving average$240.40

Annual financials

PeriodRevenueOperating incomeNet incomeEPSFree cash flow
2025-FY8.25B2.13B1.51B3.731.43B
2024-FY7.43B1.65B1.16B2.83977.0M
2023-FY6.64B1.23B765.0M1.85682.0M
2022-FY5.66B975.0M469.0M1.12540.0M
2021-FY4.97B748.0M258.0M0.59250.0M

Filed figures from SEC EDGAR, in the reporting currency.

Next earnings

Q4 2026 expectedNovember 5, 2026
Consensus EPS estimate1.37

Recent news

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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.