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Fair Value for Howmet Aerospace (HWM)

See growth priced into Howmet Aerospace (HWM): reverse DCF, implied rate vs history and analysts, FCF view. Free intrinsic value calculator for education.

Fair value (multi-method)

Four independent methods triangulate what HWM is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.

Estimated fair value (Forward DCF)

$1,554.60

Margin of safety
+83.80% vs current price $251.90

Method range

$21.17 $1,554.60

median $234.97

Methods disagree

Valuation methods

Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.

  • Forward DCF$1,554.60
  • Exit multiple$176.03
  • Analyst target$293.91
  • Graham number$21.17

Stock price

$251.90

FCF / share (TTM)

$0.90

3Y FCF CAGR

57.4%

Fair value @ hist. growth

$493.36

This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.

Implied FCF growth

46.6%

per year over your projection horizon

Discount vs DCF

Margin of safety 48.9% vs hist-growth DCF

Historical 3Y CAGR

57.4%

Your model implies

46.6%

Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.

Model inputs

Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.

Discount rate (cost of equity proxy)10.5%
Terminal growth2.50%
Projection years10 yr
FCF growth per year (supplemental projection)57%

Undiscounted FCF per share over 10 years at 57% annual growth.

Sensitivity — implied growth vs your assumptions

Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.

Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount1.5%2.0%2.5%3.0%3.5%
8.5%42.5%41.6%40.6%39.5%38.3%
9.5%45.4%44.6%43.7%42.8%41.7%
10.5%48.2%47.4%46.6%45.8%44.9%
11.5%50.7%50.1%49.4%48.6%47.8%
12.5%53.2%52.6%52.0%51.3%50.6%
Color≤ historical CAGRModerate premiumHigh premium (≥ 15pp above hist)Your inputs

Historical multiples

Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.

P/EToday54.9· at high
5Y low29.2
Median38.6
5Y high54.9
P/SToday10.0· at high
5Y low2.8
Median3.4
5Y high10.0
EV/EBITDAToday35.3· at high
5Y low17.4
Median20.3
5Y high35.3

PEG

0.71

Low vs growth

Net debt

$2.3B

Total debt − cash

Beta

1.19

Vs market benchmark

Frequently asked questions