LMT Relative Valuation - Lockheed Martin Corp - Alpha Spread

Lockheed Martin Corp
NYSE:LMT

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Lockheed Martin Corp
NYSE:LMT
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Price: 566.63 USD -0.34% Market Closed
Market Cap: 135.1B USD
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Relative Value

The Relative Value of one LMT stock under the Base Case scenario is 608.29 USD. Compared to the current market price of 566.63 USD, Lockheed Martin Corp is Undervalued by 7%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

LMT Relative Value
Base Case
608.29 USD
Undervaluation 7%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
64
Median 3Y
1.7
Median 5Y
1.6
Industry
3
Forward
1.9
vs History
15
vs Industry
49
Median 3Y
16.5
Median 5Y
16.1
Industry
30.2
Forward
21.1
vs History
6
vs Industry
39
Median 3Y
13.6
Median 5Y
13
Industry
18.6
vs History
58
vs Industry
32
Median 3Y
14.7
Median 5Y
16.2
Industry
22
vs History
22
vs Industry
3
Median 3Y
12.2
Median 5Y
15.1
Industry
2.8
vs History
0
vs Industry
60
Median 3Y
1.9
Median 5Y
1.8
Industry
2.9
Forward
2.1
vs History
0
vs Industry
33
Median 3Y
14.6
Median 5Y
13.7
Industry
10.6
vs History
4
vs Industry
46
Median 3Y
12.5
Median 5Y
11.9
Industry
18
Forward
15.3
vs History
4
vs Industry
51
Median 3Y
14.6
Median 5Y
13.7
Industry
23.7
Forward
17.9
vs History
4
vs Industry
38
Median 3Y
15.5
Median 5Y
14.4
Industry
20.3
vs History
7
vs Industry
31
Median 3Y
20
Median 5Y
18.8
Industry
27.1
vs History
0
vs Industry
32
Median 3Y
2.6
Median 5Y
2.5
Industry
1.9

Multiples Across Competitors

LMT Competitors Multiples
Lockheed Martin Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Lockheed Martin Corp
NYSE:LMT
134.3B USD 1.9 19.9 14.8 17.4
US
RTX Corp
LSE:0R2N
159.3B USD 2.2 70.4 27.5 69.7
US
Raytheon Technologies Corp
NYSE:RTX
157.6B USD 2.2 69.7 27.3 69.1
NL
Airbus SE
XETRA:AIR
101.6B EUR 1.5 32.9 15.7 25.7
US
Boeing Co
NYSE:BA
97B USD 1.3 -28.2 6 550.5 -76
FR
Safran SA
PAR:SAF
80.9B EUR 3.1 49.4 15.7 21.6
US
General Dynamics Corp
NYSE:GD
80.4B USD 1.8 22.7 16 19
US
Northrop Grumman Corp
NYSE:NOC
75.4B USD 1.9 33 21.1 31.2
US
TransDigm Group Inc
NYSE:TDG
72.6B USD 9.5 46.5 23.8 25.8
UK
Rolls-Royce Holdings PLC
LSE:RR
39.4B GBP 2.2 16.9 11.9 15.2
UK
BAE Systems PLC
LSE:BA
39.3B GBP 1.6 21.3 12.4 17.1

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