LSE:BA.Aerospace & Defense
BAE Systems (LSE:BA.) Stock May Be Fully Priced Despite Strong Cash Flow And Earnings Value
After a very strong 5 year run, with BAE Systems delivering a total return that is roughly 3.5 times an initial investment, the stock now trades near an intrinsic value estimate from a Discounted Cash Flow (DCF) model that points to it being fairly valued rather than clearly cheap or clearly expensive.
BAE Systems has returned 348.4% over 5 years, which puts more focus on whether the current price still offers an attractive entry point.
Progress on defence programmes such as DARPA's THREADS...