Rheinmetall AG
XETRA:RHM

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Rheinmetall AG Logo
Rheinmetall AG
XETRA:RHM
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Price: 1 919 EUR 0.29% Market Closed
Market Cap: 88.3B EUR

Relative Value

The Relative Value of one RHM stock under the Base Case scenario is 1 684.56 EUR. Compared to the current market price of 1 919 EUR, Rheinmetall AG is Overvalued by 12%.

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.

RHM Relative Value
Base Case
1 684.56 EUR
Overvaluation 12%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
32
Median 3Y
2.7
Median 5Y
1.7
Industry
5.1
Forward
7.1
vs History
7
vs Industry
11
Median 3Y
39.2
Median 5Y
24.6
Industry
37
Forward
69
vs History
1
vs Industry
24
Median 3Y
26.1
Median 5Y
22.4
Industry
22.9
vs History
12
vs Industry
18
Median 3Y
26.5
Median 5Y
11.6
Industry
36.9
vs History
3
vs Industry
7
Median 3Y
6.6
Median 5Y
3.8
Industry
4.8
vs History
3
vs Industry
29
Median 3Y
2.8
Median 5Y
1.7
Industry
5.3
Forward
7.1
vs History
3
vs Industry
51
Median 3Y
5.1
Median 5Y
3.2
Industry
15.3
vs History
1
vs Industry
23
Median 3Y
16.6
Median 5Y
11
Industry
21.6
Forward
35.7
vs History
1
vs Industry
22
Median 3Y
22.6
Median 5Y
14.9
Industry
29
Forward
46
vs History
1
vs Industry
25
Median 3Y
27.1
Median 5Y
22.6
Industry
23.7
vs History
6
vs Industry
14
Median 3Y
60.2
Median 5Y
34
Industry
30.1
vs History
3
vs Industry
24
Median 3Y
2.1
Median 5Y
1.5
Industry
3.2

Multiples Across Competitors

RHM Competitors Multiples
Rheinmetall AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Rheinmetall AG
XETRA:RHM
88B EUR 8 104.9 45.3 60.1
US
Raytheon Technologies Corp
NYSE:RTX
268.6B USD 3.1 40.7 23.2 34.9
US
RTX Corp
LSE:0R2N
264.4B USD 3.1 40.1 22.9 34.5
NL
Airbus SE
PAR:AIR
171.1B EUR 2.4 33.8 20 30.4
US
Boeing Co
NYSE:BA
186.8B USD 2.3 -18.4 -32.1 -24.7
FR
Safran SA
PAR:SAF
134.2B EUR 4.6 31.1 22.5 29.4
UK
Rolls-Royce Holdings PLC
LSE:RR
108.9B GBP 5.6 18.8 25.8 32.8
US
Lockheed Martin Corp
NYSE:LMT
133B USD 1.8 31.7 19.1 24.4
US
General Dynamics Corp
NYSE:GD
98.9B USD 1.9 23.5 17 19.9
US
Northrop Grumman Corp
NYSE:NOC
94.1B USD 2.3 23.4 19.2 26.2
US
Howmet Aerospace Inc
NYSE:HWM
90.3B USD 11.3 62.3 40.7 46.4
P/E Multiple
Earnings Growth PEG
DE
Rheinmetall AG
XETRA:RHM
Average P/E: 41
104.9
60%
1.7
US
Raytheon Technologies Corp
NYSE:RTX
40.7
29%
1.4
US
RTX Corp
LSE:0R2N
40.1
28%
1.4
NL
Airbus SE
PAR:AIR
33.8
22%
1.5
US
Boeing Co
NYSE:BA
Negative Multiple: -18.4 N/A N/A
FR
Safran SA
PAR:SAF
31.1
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
18.8
8%
2.4
US
Lockheed Martin Corp
NYSE:LMT
31.7
11%
2.9
US
General Dynamics Corp
NYSE:GD
23.5
12%
2
US
Northrop Grumman Corp
NYSE:NOC
23.4
3%
7.8
US
Howmet Aerospace Inc
NYSE:HWM
62.3
23%
2.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
Rheinmetall AG
XETRA:RHM
Average EV/EBITDA: 25.6
45.3
41%
1.1
US
Raytheon Technologies Corp
NYSE:RTX
23.2
18%
1.3
US
RTX Corp
LSE:0R2N
22.9
18%
1.3
NL
Airbus SE
PAR:AIR
20
19%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -32.1 N/A N/A
FR
Safran SA
PAR:SAF
22.5
16%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
25.8
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
19.1
10%
1.9
US
General Dynamics Corp
NYSE:GD
17
10%
1.7
US
Northrop Grumman Corp
NYSE:NOC
19.2
6%
3.2
US
Howmet Aerospace Inc
NYSE:HWM
40.7
18%
2.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
Rheinmetall AG
XETRA:RHM
Average EV/EBIT: 33.9
60.1
45%
1.3
US
Raytheon Technologies Corp
NYSE:RTX
34.9
31%
1.1
US
RTX Corp
LSE:0R2N
34.5
31%
1.1
NL
Airbus SE
PAR:AIR
30.4
26%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -24.7 N/A N/A
FR
Safran SA
PAR:SAF
29.4
20%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
32.8
21%
1.6
US
Lockheed Martin Corp
NYSE:LMT
24.4
12%
2
US
General Dynamics Corp
NYSE:GD
19.9
11%
1.8
US
Northrop Grumman Corp
NYSE:NOC
26.2
7%
3.7
US
Howmet Aerospace Inc
NYSE:HWM
46.4
20%
2.3