Howmet Aerospace Inc. (HWM)
Howmet Aerospace Statistics
Share Statistics
Howmet Aerospace has 405.02M shares outstanding. The number of shares has increased by -0.77% in one year.
| Shares Outstanding | 405.02M |
| Shares Change (YoY) | -0.77% |
| Shares Change (QoQ) | -0.3% |
| Owned by Institutions (%) | 91.27% |
| Shares Floating | 400.15M |
| Failed to Deliver (FTD) Shares | 40 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 10.6M, so 2.62% of the outstanding shares have been sold short.
| Short Interest | 10.6M |
| Short % of Shares Out | 2.62% |
| Short % of Float | 2.98% |
| Short Ratio (days to cover) | 4.2 |
Valuation Ratios
The PE ratio is 38.63 and the forward PE ratio is 30.1. Howmet Aerospace's PEG ratio is 0.73.
| PE Ratio | 38.63 |
| Forward PE | 30.1 |
| PS Ratio | 6.01 |
| Forward PS | 4 |
| PB Ratio | 9.8 |
| P/FCF Ratio | 45.67 |
| PEG Ratio | 0.73 |
Enterprise Valuation
Howmet Aerospace has an Enterprise Value (EV) of 44.06B.
| EV / Sales | 5.93 |
| EV / EBITDA | 23.92 |
| EV / EBIT | 33.95 |
| EV / FCF | 45.1 |
Financial Position
The company has a current ratio of 2.17, with a Debt / Equity ratio of 0.
| Current Ratio | 2.17 |
| Quick Ratio | 0.98 |
| Debt / Equity | 0 |
| Debt / EBITDA | 0 |
| Debt / FCF | 0.01 |
| Interest Coverage | 8.97 |
Financial Efficiency
Return on Equity is 25.36% and Return on Invested Capital is 15.13%.
| Return on Equity | 25.36% |
| Return on Assets | 10.98% |
| Return on Invested Capital | 15.13% |
| Revenue Per Employee | $310.49K |
| Profits Per Employee | $48.27K |
| Employee Count | 23,930 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 2.78 |
Taxes
| Income Tax | 228M |
| Effective Tax Rate | 16.49% |
Stock Price Statistics
The stock price has increased by 92.37% in the last 52 weeks. The beta is 1.07, so Howmet Aerospace's price volatility has been higher than the market average.
| Beta | 1.07 |
| 52-Week Price Change | 92.37% |
| 50-Day Moving Average | 128.43 |
| 200-Day Moving Average | 110.13 |
| Relative Strength Index (RSI) | 48.53 |
| Average Volume (20 Days) | 3.31M |
Income Statement
In the last 12 months, Howmet Aerospace had revenue of 7.43B and earned 1.16B in profits. Earnings per share was 2.83.
| Revenue | 7.43B |
| Gross Profit | 2.31B |
| Operating Income | 1.63B |
| Net Income | 1.16B |
| EBITDA | 1.84B |
| EBIT | 1.56B |
| Earnings Per Share (EPS) | 2.83 |
Balance Sheet
The company has 564M in cash and 6M in debt, giving a net cash position of 558M.
| Cash & Cash Equivalents | 564M |
| Total Debt | 6M |
| Net Cash | 558M |
| Retained Earnings | 2.77B |
| Total Assets | 10.52B |
| Working Capital | 1.81B |
Cash Flow
In the last 12 months, operating cash flow was 1.3B and capital expenditures -321M, giving a free cash flow of 977M.
| Operating Cash Flow | 1.3B |
| Capital Expenditures | -321M |
| Free Cash Flow | 977M |
| FCF Per Share | 2.39 |
Margins
Gross margin is 31.1%, with operating and profit margins of 21.98% and 15.55%.
| Gross Margin | 31.1% |
| Operating Margin | 21.98% |
| Pretax Margin | 18.61% |
| Profit Margin | 15.55% |
| EBITDA Margin | 24.79% |
| EBIT Margin | 21.98% |
| FCF Margin | 13.15% |
Dividends & Yields
HWM pays an annual dividend of $0.41, which amounts to a dividend yield of 0.3%.
| Dividend Per Share | $0.41 |
| Dividend Yield | 0.3% |
| Dividend Growth (YoY) | 100% |
| Payout Ratio | 14.59% |
| Earnings Yield | 2.59% |
| FCF Yield | 2.19% |
Analyst Forecast
The average price target for HWM is $135, which is 8.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $135 |
| Price Target Difference | 8.4% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
Stock Splits
The last stock split was on Nov 1, 2016. It was a forward split with a ratio of 667:500.
| Last Split Date | Nov 1, 2016 |
| Split Type | forward |
| Split Ratio | 667:500 |
Scores
| Altman Z-Score | 6.79 |
| Piotroski F-Score | 9 |