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Howmet Aerospace Inc

HWM | US

103.82

USD

1.72

1.68%

HWM | US

About Howmet Aerospace Inc

Sector

Industrials

Industry

Specialty Industrial Machinery

Earnings date

30/06/2024

As of date

11/10/2024

Close

103.82

Open

102.16

High

104.42

Low

102.14

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States Japan France Germany the United Kingdom Mexico Italy Canada Poland China and internationally. It operates through four segments: Engine Products Fastening Systems Engineered Structures and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems as well as commercial transportation industrial and other fasteners; and latches bearings fluid fittings and installation tools. The Engineered Structures segment provides titanium ingots and mill products aluminum and nickel forgings and machined components and assemblies for aerospace and defense applications; and titanium forgings extrusions and forming and machining services for airframe wing aero-engine and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh Pennsylvania.

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HWM | US

Risk
14.1
Sharpe
3.74
Luna's Score
61/100
Recommendation
Hold

Luna says (HWM | US)

What's Working

Positive Momentum

Largecap (10B - 200B USD)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Rich in Valuation (Price to Book > 8)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

13.5%

1 month

14.1%

3 months

38.4%

6 months

38.4%

Returns

Fundamental Ratios

PE

45.35

Fwd. PE

34.48

Price to book

9.86

Debt to equity

0.89

Debt to assets

0.36

Ent. to EBITDA

27.55

Ent. to rev.

6.31

PEG

0.80

Other Fundamentals

EBITDA

1.66B

MarketCap

42.37B

MarketCap(USD)

42.37B

Div. yield

0.31

Op. margin

21.54

Erngs. growth

41.30

Rev. growth

14.10

Ret. on equity

23.17

Short ratio

3.87

Short perc.

2.30

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

6.56

Range1M

13.39

Range3M

27.20

Volumes: Market Activity

Rel. volume

0.77

Price X volume

168.61M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA27.558.56Expensive
Ent. to Revenue6.3110.18Cheaper
PE Ratio45.3529.45Expensive
Price to Book9.866.77Expensive
Dividend Yield0.310.94Poor
Std. Deviation (3M)38.4272.06Lower Risk
Debt to Equity0.890.30Expensive
Debt to Assets0.360.24Expensive
Market Cap42.37B7.61BMarket Leader
  • 1

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