Howmet Aerospace, Inc. Experiences Revision in Its Stock Evaluation Amid Competitive Landscape

Howmet Aerospace, Inc., a prominent player in the Aerospace & Defense sector, has recently undergone a valuation adjustment. The company currently exhibits a P/E ratio of 55, alongside a price-to-book value of 14.77. Its EV to EBIT stands at 41.20, while the EV to EBITDA is recorded at 35.63. The PEG ratio is noted at 1.12, and the dividend yield is relatively modest at 0.21%.
In terms of performance metrics, Howmet Aerospace boasts a return on capital employed (ROCE) of 23.46% and a return on equity (ROE) of 27.09%. These figures indicate a strong operational efficiency and profitability relative to its equity base.

When compared to its peers, Howmet Aerospace's valuation metrics align closely with other companies in the industry. For instance, RTX Corp. and Honeywell International, Inc. also reflect fair valuations, while The Boeing Co. is noted for its riskier standing. General Dynamics Corp. and Northrop Grumman Corp. are recognized for their attractive valuations, highlighting a diverse competitive landscape within the Aerospace & Defense sector. This context underscores Howmet's positioning amid varying performance indicators across its industry peers.