Northrop Grumman Corp
NYSE:NOC

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Northrop Grumman Corp
NYSE:NOC
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Price: 467.2 USD -0.5% Market Closed
Market Cap: 68.1B USD
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Relative Value

The Relative Value of one NOC stock under the Base Case scenario is 682.46 USD. Compared to the current market price of 467.2 USD, Northrop Grumman Corp is Undervalued by 32%.

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.

NOC Relative Value
Base Case
682.46 USD
Undervaluation 32%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.7
P/S
P/S
Price to Sales
1.7
vs History
52
vs Industry
65
Median 3Y
1.8
Median 5Y
1.7
Industry
3.6
Forward
1.6
More Details
28.7
P/E
P/E
Price to Earnings
28.7
vs History
17
vs Industry
34
Median 3Y
14.3
Median 5Y
14.5
Industry
33
Forward
17.8
More Details
16.1
P/OCF
P/OCF
Price to OCF
16.1
vs History
53
vs Industry
34
Median 3Y
18.5
Median 5Y
16.8
Industry
21.4
More Details
13.7
P/FCFE
P/FCFE
Price to FCFE
13.7
vs History
55
vs Industry
27
Median 3Y
21.6
Median 5Y
18.6
Industry
28.1
More Details
4.6
P/B
P/B
Price to Book Value
4.6
vs History
63
vs Industry
24
Median 3Y
4.7
Median 5Y
4.9
Industry
3.3
More Details
1.9
EV/S
EV/S
Enterprise Value to Sales
1.9
vs History
57
vs Industry
59
Median 3Y
2.1
Median 5Y
2
Industry
3.6
Forward
1.9
More Details
11.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
11.5
vs History
23
vs Industry
44
Median 3Y
10.9
Median 5Y
10
Industry
12.3
More Details
18.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
18.7
vs History
20
vs Industry
33
Median 3Y
16.9
Median 5Y
15.4
Industry
19.6
Forward
13.7
More Details
27.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
27.5
vs History
17
vs Industry
28
Median 3Y
22.8
Median 5Y
20.8
Industry
25.9
Forward
17.7
More Details
18.7
EV/OCF
EV/OCF
Enterprise Value to OCF
18.7
vs History
53
vs Industry
34
Median 3Y
21.4
Median 5Y
19.5
Industry
22.8
More Details
32
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
32
vs History
50
vs Industry
19
Median 3Y
37.9
Median 5Y
33.2
Industry
32.7
More Details
1.9
EV/IC
EV/IC
Enterprise Value to IC
1.9
vs History
49
vs Industry
47
Median 3Y
2
Median 5Y
1.9
Industry
2.4
More Details

Multiples Across Competitors

NOC Competitors Multiples
Northrop Grumman Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Northrop Grumman Corp
NYSE:NOC
68.1B USD 1.7 28.7 18.7 27.5
US
Raytheon Technologies Corp
NYSE:RTX
155.2B USD 2 32.9 17.9 30.2
US
RTX Corp
LSE:0R2N
154.2B USD 2 32.7 17.8 30.1
US
Boeing Co
NYSE:BA
132.8B USD 1.8 -16.6 -35.8 -26.1
NL
Airbus SE
PAR:AIR
122B EUR 1.8 37.4 18.1 28.6
US
Lockheed Martin Corp
NYSE:LMT
114.8B USD 1.6 17.2 12.7 14.9
FR
Safran SA
PAR:SAF
88.4B EUR 3.4 53.9 17.2 23.7
US
General Dynamics Corp
NYSE:GD
72.9B USD 1.6 20 14.1 16.8
US
TransDigm Group Inc
NYSE:TDG
72.6B USD 9.1 49 23.7 25.8
UK
Rolls-Royce Holdings PLC
LSE:RR
49.1B GBP 2.8 21.1 14.8 18.9
US
Axon Enterprise Inc
NASDAQ:AXON
47.5B USD 19.8 109.8 262.9 340.7
P/E Multiple
Earnings Growth P/E to Growth
US
Northrop Grumman Corp
NYSE:NOC
Average P/E: 40.3
28.7
112%
0.3
US
Raytheon Technologies Corp
NYSE:RTX
32.9
188%
0.2
US
RTX Corp
LSE:0R2N
32.7
188%
0.2
US
Boeing Co
NYSE:BA
Negative Multiple: -16.6 N/A N/A
NL
Airbus SE
PAR:AIR
37.4
82%
0.5
US
Lockheed Martin Corp
NYSE:LMT
17.2
3%
6.1
FR
Safran SA
PAR:SAF
53.9
24%
2.3
US
General Dynamics Corp
NYSE:GD
20
50%
0.4
US
TransDigm Group Inc
NYSE:TDG
49
88%
0.6
UK
Rolls-Royce Holdings PLC
LSE:RR
21.1
-12%
N/A
US
Axon Enterprise Inc
NASDAQ:AXON
109.8
247%
0.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Northrop Grumman Corp
NYSE:NOC
Average EV/EBITDA: 41.8
18.7
66%
0.3
US
Raytheon Technologies Corp
NYSE:RTX
17.9
98%
0.2
US
RTX Corp
LSE:0R2N
17.8
98%
0.2
US
Boeing Co
NYSE:BA
Negative Multiple: -35.8
853%
N/A
NL
Airbus SE
PAR:AIR
18.1
78%
0.2
US
Lockheed Martin Corp
NYSE:LMT
12.7
8%
1.5
FR
Safran SA
PAR:SAF
17.2
54%
0.3
US
General Dynamics Corp
NYSE:GD
14.1
38%
0.4
US
TransDigm Group Inc
NYSE:TDG
23.7
46%
0.5
UK
Rolls-Royce Holdings PLC
LSE:RR
14.8
40%
0.4
US
Axon Enterprise Inc
NASDAQ:AXON
262.9
351%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Northrop Grumman Corp
NYSE:NOC
Average EV/EBIT: 55.7
27.5
98%
0.3
US
Raytheon Technologies Corp
NYSE:RTX
30.2
242%
0.1
US
RTX Corp
LSE:0R2N
30.1
242%
0.1
US
Boeing Co
NYSE:BA
Negative Multiple: -26.1 N/A N/A
NL
Airbus SE
PAR:AIR
28.6
106%
0.3
US
Lockheed Martin Corp
NYSE:LMT
14.9
8%
1.8
FR
Safran SA
PAR:SAF
23.7
76%
0.3
US
General Dynamics Corp
NYSE:GD
16.8
45%
0.4
US
TransDigm Group Inc
NYSE:TDG
25.8
45%
0.6
UK
Rolls-Royce Holdings PLC
LSE:RR
18.9
64%
0.3
US
Axon Enterprise Inc
NASDAQ:AXON
340.7
302%
1.1

See Also

Summary
NOC intrinsic value, competitors valuation, and company profile.
DCF Valuation
NOC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NOC stock valuation using valuation multiples.
Wall Street Estimates
NOC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NOC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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