Is Howmet Aerospace, Inc. overvalued or undervalued?

As of 31 July 2025, the valuation grade for Howmet Aerospace, Inc. has moved from very expensive to fair. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 55, an EV to EBITDA of 35.63, and a PEG ratio of 1.12. In comparison to peers, RTX Corp. has a P/E of 37.08, while Honeywell International, Inc. shows a P/E of 30.10, indicating that Howmet's valuation is higher than some of its competitors.
Over the past year, Howmet Aerospace has delivered a remarkable stock return of 102.62%, significantly outperforming the S&P 500's return of 17.14%, which reinforces the company's strong market performance.