Fair value (multi-method)
Four independent methods triangulate what LMT 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)
$531.41
Method range
$68.88 – $635.11
median $574.80
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 “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $531.41 | +1.46% |
| Exit multiple | $618.18 | +18.03% |
| Analyst target | $635.11 | +21.26% |
| Graham number | $68.88 | -86.85% |
- Forward DCF$531.41
- Exit multiple$618.18
- Analyst target$635.11
- Graham number$68.88
Stock price
$523.76
EPS (TTM)
$20.65
5Y EPS CAGR
-2.4%
Fair value @ hist. growth
$531.41
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 EPS growth
-2.6%
per year over your projection horizon
Margin of safety 1.4% vs hist-growth DCF
Historical 5Y CAGR
-2.4%
Your model implies
-2.6%
Analyst consensus for next year implies 45.0% — beyond the model's annualised scale. Consensus reflects a one-step EPS estimate vs TTM, not a multi-year CAGR.
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.
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 →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 5.0% | -0.1% | -1.4% | -2.9% | -4.8% | -7.2% |
| 5.0% | -0.1% | -1.4% | -2.9% | -4.8% | -7.2% |
| 5.1% | 0.2% | -1.1% | -2.6% | -4.4% | -6.7% |
| 6.1% | 3.2% | 2.2% | 1.1% | -0.2% | -1.7% |
| 7.1% | 5.7% | 4.9% | 4.1% | 3.1% | 1.9% |
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.
PEG
2.07
Demanding vs growth
Net debt
$17.6B
Total debt − cash
Beta
0.11
Vs market benchmark
Annual diluted EPS
Per-share earnings by fiscal year — last 5 years anchor the CAGR reference above.
Frequently asked questions
Lockheed Martin (LMT) Key Financials
Charts, filings, and peer comparison for every metric
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