Using the industry peer median P/E Multiples multiple (trailing + forward), The Boeing Company (BA) has a fair value of $39.15 based on 8 comparable companies in the Aerospace & Defense industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| The Boeing CompanyBA | 176,114 | 93.2x | 4982.3x |
| RTX Corporation | 236,585 | 35.4x | 25.5x |
| Eaton Corporation plc | 160,265 | 39.5x | 31.0x |
| Union Pacific Corporation | 158,961 | 22.4x | 21.3x |
| Honeywell International Inc. | 134,924 | 28.9x | 21.2x |
| Lockheed Martin Corporation | 118,115 | 23.8x | 17.1x |
| General Dynamics Corporation | 84,959 | 20.3x | 19.3x |
| Northrop Grumman Corporation | 82,070 | 19.9x | 20.7x |
| L3Harris Technologies, Inc. | 60,690 | 38.1x | 28.0x |
| Industry Median | 26.4x | 21.2x | |
| (*) Profit after tax | 2,234 | 35 | |
| Equity Value | 58,943 | 751 | |
| (/) Outstanding shares | 762 | 762 | |
| Fair Price | $77 | $1 | |
Using the industry peer median EV/EBITDA multiple (trailing + forward), The Boeing Company (BA) has a fair value of $119.76 based on 8 comparable companies in the Aerospace & Defense industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/EBITDA | Forward EV/EBITDA | |
|---|---|---|---|
| The Boeing CompanyBA | 176,114 | 29.8x | 27.3x |
| RTX Corporation | 236,585 | 20.8x | 19.7x |
| Eaton Corporation plc | 160,265 | 28.7x | 25.6x |
| Union Pacific Corporation | 158,961 | 14.6x | 13.8x |
| Honeywell International Inc. | 134,924 | 19.1x | 18.4x |
| Lockheed Martin Corporation | 118,115 | 17.5x | 16.6x |
| General Dynamics Corporation | 84,959 | 15.2x | 14.5x |
| Northrop Grumman Corporation | 82,070 | 13.5x | 12.9x |
| L3Harris Technologies, Inc. | 60,690 | 18.7x | 17.4x |
| Industry Median | 18.1x | 17.0x | |
| (*) EBITDA | 7,359 | 8,032 | |
| = Enterprise Value | 133,083 | 136,522 | |
| (-) Net Debt | 43,512 | 43,512 | |
| Equity Value | 89,571 | 93,010 | |
| (/) Outstanding shares | 762 | 762 | |
| Fair Price | $118 | $122 | |
Using the industry peer median EV/Revenue multiple (trailing + forward), The Boeing Company (BA) has a fair value of $322.35 based on 9 comparable companies in the Aerospace & Defense industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| The Boeing CompanyBA | 176,114 | 2.5x | 2.2x |
| RTX Corporation | 236,585 | 3.0x | 2.9x |
| Eaton Corporation plc | 160,265 | 6.2x | 5.6x |
| Union Pacific Corporation | 158,961 | 7.7x | 7.3x |
| Honeywell International Inc. | 134,924 | 4.2x | 4.0x |
| Lockheed Martin Corporation | 118,115 | 1.8x | 1.7x |
| General Dynamics Corporation | 84,959 | 1.8x | 1.7x |
| Northrop Grumman Corporation | 82,070 | 2.3x | 2.2x |
| L3Harris Technologies, Inc. | 60,690 | 3.2x | 3.0x |
| Firefly Aerospace Inc. | 5,478 | 31.2x | 11.5x |
| Industry Median | 3.2x | 3.0x | |
| (*) Revenue | 89,463 | 97,646 | |
| = Enterprise Value | 286,676 | 291,796 | |
| (-) Net Debt | 43,512 | 43,512 | |
| Equity Value | 243,164 | 248,284 | |
| (/) Outstanding shares | 762 | 762 | |
| Fair Price | $319 | $326 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.