SweetValueLab
Write for us

Howmet Aerospace Inc. — Intrinsic Value & Fair Price

HWM
NYSEIndustrialsAerospace & DefenseCIK 0000004281howmet.comAbout HWM
Last close · Oct 16, 2026220.90+1.20 (+0.55%)
Market cap$88.1B
Model value · DCF · Perpetuity growth · 5y
89.51
Howmet Aerospace closed at $220.90 — overvalued by 147% vs model.
59.71the model's range176.22

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

Other models
3.11 – 251.88
Wall St. target
343.00 36% below
Above model, 1y
20 of 20 days

Price and model value

Embed this card

HWM's close against its model value, as a 420×168 card for your own page. It updates nightly with this site and links back here.

Free to embed; keep the attribution link.
Loading chart…
What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
0.23%
Past 2 years
low 0.16%high 0.28%
Dividends per share, a year at a time
$0.08Aug ’22$0.16Aug ’23$0.23Aug ’24$0.40Aug ’25$0.50TTM
Coverage
—
Raised
3 years in a row
Growth, 4 yrs
58.1% a year
Last change
+16.7% · Aug 2026
Every payment, with ex-dates · latest $0.14, paid Aug 25, 2026

Research on HWM

No posts on HWM yet.
Studied HWM from its filings? Guest posts are reviewed before they go live.Write about HWM →

How it is valued

Valued asProfitable Growth
Moderate growth (~11% recent)Moderate margins (18% net margin)Highly cyclical earnings
What growth the price implies: the reverse DCF

Key figures

FY2025
P/E
59.5×
EV / EBITDA
39.8×
FCF yield
1.6%
Dividend yield, TTM
0.23%
Beta
1.20
Cost of capital (WACC)
9.63%
Full financials

Analyst actions

third-party, quoted
10-07Bernstein · target298.00
09-14Guggenheim · target350.00
09-02Deutsche Bank · target343.00
04-15Wells Fargo · “Equal Weight” from “Overweight”downgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label
1 more company lists HWM 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 HWM. No account.

About Howmet Aerospace

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.

CEO
John C. Plant
Headquarters
Pittsburgh, PA
Employees
25,430
IPO
2016-11-01
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.