Is Howmet Aerospace, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Howmet Aerospace, Inc. moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 55, an EV to EBITDA of 35.63, and a PEG ratio of 1.12, which suggest that while the company is priced at a premium, it is not excessively so compared to its peers.
In comparison to its peers, Howmet Aerospace's P/E ratio is higher than RTX Corp. at 37.08 and Honeywell International at 30.10, but lower than its own historical performance. The company's recent stock performance has significantly outpaced the S&P 500, with a year-to-date return of 73.43% compared to the S&P 500's 13.30%. Overall, Howmet Aerospace is positioned fairly within its industry, reflecting a balanced valuation amidst strong growth prospects.