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Honeywell Aerospace Inc — Intrinsic Value & Fair Price

HONA
NASDAQIndustrialsAerospace & DefenseCIK 0002089271honeywellaerospace.comAbout HONA
Last close · Oct 16, 2026168.09+4.98 (+3.05%)
Market cap$53.3B
Model value · DCF · Perpetuity growth · 5y
253.60
Honeywell Aerospace closed at $168.09 — undervalued by 34% vs model.
143.75the model's range558.28

DCF · Perpetuity growth · 5y leads for mature & stable — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
150.28 – 435.87
Wall St. target
207.00 19% below
Below model, 1y
20 of 20 days

Price and model value

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What the marks mean
Daily close

Research on HONA

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How it is valued

Valued asMature & Stable
Moderate growth (~12% recent)Moderate margins (10% net margin)Moderately volatile earningsStrong FCF yield (6.0%)
What growth the price implies: the reverse DCF

Key figures

FY2025
P/E
29.9×
EV / EBITDA
14.9×
FCF yield
6.0%
Dividend yield, TTM
0.00%
Beta
0.08
Cost of capital (WACC)
6.70%
On the lists: #23 Insider buying
Full financials

Analyst actions

third-party, quoted
10-15RBC Capital · target210.00
10-09Argus Research · target210.00
10-07Goldman Sachs · target190.00
08-19Morgan Stanley · “Overweight” from “Equal Weight”upgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label
3 more companies list HONA as a comparable

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just HONA. No account.

About Honeywell Aerospace

Honeywell Aerospace, Inc. engages in the provision of aerospace and defense critical systems and technologies. It operates through the following segments: Electronic Solutions, Engines & Power Systems, and Control Systems. The Electronic Solutions segment supplies aerospace electronic systems and technologies such as avionics and navigation sensors and electromagnetic defensive solutions. The Engine & Power Systems segment manufactures propulsion systems, APUs, and electric power solutions. The Control Systems segment handles the supply of thermal and motion control systems that enable flight, life support, and safety for the aircraft. The company was founded in 1914 and is headquartered in Phoenix, AZ.

CEO
James Currier
Headquarters
Phoenix, AZ
Employees
30,000
IPO
2026-06-29
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.