Is Howmet Aerospace, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Howmet Aerospace, Inc. has moved from very expensive to expensive. The company appears to be overvalued based on its current metrics. Key ratios include a P/E ratio of 55, a Price to Book Value of 14.77, and an EV to EBITDA of 35.63, all of which suggest a premium valuation compared to its peers.
In comparison, RTX Corp. has a P/E of 37.08 and an EV to EBITDA of 22.55, while Honeywell International, Inc. shows a more attractive P/E of 30.10 and an EV to EBITDA of 22.85. These comparisons highlight that Howmet Aerospace is trading at a higher valuation than its industry peers. Additionally, the company's stock has significantly outperformed the S&P 500, with a year-to-date return of 91.77% compared to the S&P 500's 14.40%, reinforcing the notion of its current overvaluation.