L3harris Technologies Stock Current Valuation
LHX Stock | USD 246.25 0.92 0.38% |
Valuation analysis of L3Harris Technologies helps investors to measure L3Harris Technologies' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Over EBITDA is likely to drop to 10.03 in 2024. Enterprise Value Multiple is likely to drop to 10.03 in 2024. Fundamental drivers impacting L3Harris Technologies' valuation include:
Price Book 2.4585 | Enterprise Value 59.1 B | Enterprise Value Ebitda 18.5543 | Price Sales 2.2091 | Forward PE 17.1821 |
Overvalued
Today
Please note that L3Harris Technologies' price fluctuation is very steady at this time. Calculation of the real value of L3Harris Technologies is based on 3 months time horizon. Increasing L3Harris Technologies' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since L3Harris Technologies is currently traded on the exchange, buyers and sellers on that exchange determine the market value of L3Harris Stock. However, L3Harris Technologies' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 246.25 | Real 234.6 | Target 223.9 | Hype 246.0 | Naive 240.81 |
The intrinsic value of L3Harris Technologies' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence L3Harris Technologies' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of L3Harris Technologies helps investors to forecast how L3Harris stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of L3Harris Technologies more accurately as focusing exclusively on L3Harris Technologies' fundamentals will not take into account other important factors: L3Harris Technologies Company Current Valuation Analysis
L3Harris Technologies' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current L3Harris Technologies Current Valuation | 59.08 B |
Most of L3Harris Technologies' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, L3Harris Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
L3Harris Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for L3Harris Technologies is extremely important. It helps to project a fair market value of L3Harris Stock properly, considering its historical fundamentals such as Current Valuation. Since L3Harris Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of L3Harris Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of L3Harris Technologies' interrelated accounts and indicators.
Click cells to compare fundamentals
L3Harris Current Valuation Historical Pattern
Today, most investors in L3Harris Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various L3Harris Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of L3Harris Technologies current valuation as a starting point in their analysis.
L3Harris Technologies Current Valuation |
Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, L3Harris Technologies has a Current Valuation of 59.08 B. This is much higher than that of the Aerospace & Defense sector and 136.59% higher than that of the Industrials industry. The current valuation for all United States stocks is significantly lower than that of the firm.
L3Harris Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses L3Harris Technologies' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of L3Harris Technologies could also be used in its relative valuation, which is a method of valuing L3Harris Technologies by comparing valuation metrics of similar companies.L3Harris Technologies is currently under evaluation in current valuation category among its peers.
L3Harris Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, L3Harris Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to L3Harris Technologies' managers, analysts, and investors.Environmental | Governance | Social |
L3Harris Fundamentals
Return On Equity | 0.0626 | ||||
Return On Asset | 0.0355 | ||||
Profit Margin | 0.06 % | ||||
Operating Margin | 0.1 % | ||||
Current Valuation | 59.08 B | ||||
Shares Outstanding | 189.67 M | ||||
Shares Owned By Insiders | 0.32 % | ||||
Shares Owned By Institutions | 85.93 % | ||||
Number Of Shares Shorted | 1.9 M | ||||
Price To Earning | 39.56 X | ||||
Price To Book | 2.46 X | ||||
Price To Sales | 2.21 X | ||||
Revenue | 19.42 B | ||||
Gross Profit | 4.93 B | ||||
EBITDA | 2.93 B | ||||
Net Income | 1.23 B | ||||
Cash And Equivalents | 941 M | ||||
Cash Per Share | 2.78 X | ||||
Total Debt | 13.95 B | ||||
Debt To Equity | 0.42 % | ||||
Current Ratio | 1.10 X | ||||
Book Value Per Share | 100.23 X | ||||
Cash Flow From Operations | 2.1 B | ||||
Short Ratio | 2.25 X | ||||
Earnings Per Share | 6.33 X | ||||
Price To Earnings To Growth | 0.94 X | ||||
Target Price | 279.14 | ||||
Number Of Employees | 50 K | ||||
Beta | 0.73 | ||||
Market Capitalization | 46.71 B | ||||
Total Asset | 41.69 B | ||||
Retained Earnings | 3.22 B | ||||
Working Capital | 51 M | ||||
Current Asset | 2.33 B | ||||
Current Liabilities | 1.46 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.65 % | ||||
Net Asset | 41.69 B | ||||
Last Dividend Paid | 4.62 |
About L3Harris Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze L3Harris Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of L3Harris Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of L3Harris Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for L3Harris Stock Analysis
When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.