LMT Lockheed Martin
Intrinsic value$501.64
Price (at call)$538.09
Margin of safety
-6.8%
vs market (rating basis)
+44.1%
Model unavailable; showing baseline valuation.
⚠ LLM error: empty response; using baseline
The story
Value drivers
| Revenue growth (Y1) | 4.4% |
| Terminal growth | 3.5% |
| Forecast horizon | 10y |
| Target operating margin | 11.1% |
| Years to target margin | 5 |
| Sales-to-capital | 2.71 |
| Beta | 0.50 |
| Failure probability | 0.0% |
| Cost of capital (WACC) | 6.9% |
| Terminal WACC | 8.9% |
Valuation bridge
| PV of explicit FCFF | 53.12B |
| PV of terminal value | 80.23B |
| Equity value | 115.77B |
| ÷ shares → per share | $501.64 |
News
bullish +0.30 · 8 articles
- How General Motors Could Win Big in the US Defense Missile Push
- US to Sell F-35s to Saudi Arabia in $24.3 Billion Deal
- U.S. approves possible $24.3 billion F-35 sale to Saudi Arabia
- US Department Of State Signs $24.3B Deal With Saudi Arabia To Sell F-35 Fighter Jets, But LMT Stock Slips
- GM Finds a New Growth Engine in Missiles
- Patriot Missile Sprint Is Running Ahead of Plan, CEO Says
- GM to Produce Patriot Missile Parts as U.S. Faces Critical Arms Shortage
- GM delivers first components for US interceptor missiles
Projected free cash flow to the firm
| Yr | Revenue | Growth | Margin | NOPAT | Reinvest | FCFF | PV |
|---|---|---|---|---|---|---|---|
| 1 | 80.39B | 4.4% | 11.1% | 7.55B | 1.25B | 6.30B | 5.89B |
| 2 | 83.84B | 4.3% | 11.1% | 7.87B | 1.27B | 6.60B | 5.77B |
| 3 | 87.35B | 4.2% | 11.1% | 8.20B | 1.30B | 6.90B | 5.64B |
| 4 | 90.92B | 4.1% | 11.1% | 8.53B | 1.32B | 7.21B | 5.52B |
| 5 | 94.55B | 4.0% | 11.1% | 8.87B | 1.34B | 7.53B | 5.39B |
| 6 | 98.23B | 3.9% | 11.1% | 9.22B | 1.36B | 7.86B | 5.25B |
| 7 | 101.95B | 3.8% | 11.1% | 9.57B | 1.38B | 8.19B | 5.12B |
| 8 | 105.72B | 3.7% | 11.1% | 9.92B | 1.39B | 8.53B | 4.99B |
| 9 | 109.53B | 3.6% | 11.1% | 10.28B | 1.40B | 8.88B | 4.85B |
| 10 | 113.36B | 3.5% | 11.1% | 10.64B | 1.41B | 9.22B | 4.71B |