Lockheed Martin Corporation

BATS-CHIXE:LOMD Stock Report

Market Cap: €101.5b

Lockheed Martin Valuation

Is LOMD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of LOMD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€648.80
Fair Value
35.1% undervalued intrinsic discount
22
Number of Analysts

Below Fair Value: LOMD (€421.1) is trading below our estimate of fair value (€648.8)

Significantly Below Fair Value: LOMD is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LOMD?

Key metric: As LOMD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LOMD. This is calculated by dividing LOMD's market cap by their current earnings.
What is LOMD's PE Ratio?
PE Ratio20.6x
EarningsUS$5.34b
Market CapUS$110.14b

Price to Earnings Ratio vs Peers

How does LOMD's PE Ratio compare to its peers?

The above table shows the PE ratio for LOMD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.1x
RR. Rolls-Royce Holdings
26.5x2.5%UK£66.9b
BA. BAE Systems
25.4x8.5%UK£49.7b
BAB Babcock International Group
19.7x14.1%UK£3.8b
QQ. QinetiQ Group
20.9x17.0%UK£2.9b
LOMD Lockheed Martin
20.6x7.2%€110.1b

Price-To-Earnings vs Peers: LOMD is good value based on its Price-To-Earnings Ratio (20.6x) compared to the peer average (22.4x).

Price to Earnings Ratio vs Industry

How does LOMD's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies9PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LOMD is good value based on its Price-To-Earnings Ratio (20.6x) compared to the European Aerospace & Defense industry average (25x).

Price to Earnings Ratio vs Fair Ratio

What is LOMD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LOMD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LOMD's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LOMD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€421.10
€502.09
+19.2%
11.6%€631.50€385.35n/a22
Mar ’26n/a
€519.01
0%
11.7%€653.22€398.60n/a22
Feb ’26€444.30
€524.96
+18.2%
11.3%€658.29€401.70n/a22
Jan ’26n/a
€574.41
0%
11.9%€679.01€418.59n/a21
Dec ’25n/a
€575.92
0%
11.3%€670.77€413.52n/a21
Nov ’25n/a
€558.29
0%
11.4%€651.06€401.36n/a21
Oct ’25n/a
€503.97
0%
10.7%€635.99€365.88n/a20
Sep ’25n/a
€488.44
0%
9.0%€567.37€361.87n/a20
Aug ’25€501.90
€495.79
-1.2%
8.8%€586.42€374.02n/a20
Jul ’25n/a
€456.68
0%
7.2%€508.49€352.03n/a19
Jun ’25n/a
€453.35
0%
7.1%€506.36€350.56n/a19
May ’25€432.60
€455.86
+5.4%
6.8%€510.18€353.20n/a21
Apr ’25€412.50
€447.62
+8.5%
6.8%€506.14€352.26n/a22
Mar ’25n/a
€448.43
0%
6.9%€510.68€352.83n/a22
Feb ’25€399.00
€446.77
+12.0%
6.9%€507.82€350.85€444.3022
Jan ’25n/a
€441.84
0%
8.2%€503.80€333.42n/a21
Dec ’24€408.70
€454.16
+11.1%
8.3%€519.70€343.94n/a21
Nov ’24€430.80
€454.16
+5.4%
8.3%€519.70€343.94n/a21
Oct ’24n/a
€472.32
0%
8.4%€528.30€356.01n/a21
Sep ’24n/a
€456.26
0%
8.1%€507.21€341.80n/a20
Aug ’24n/a
€449.49
0%
8.1%€498.89€336.19€501.9020
Jul ’24€411.90
€470.66
+14.3%
9.3%€541.77€347.14n/a20
Jun ’24n/a
€470.66
0%
9.3%€541.77€347.14n/a20
May ’24n/a
€472.98
0%
14.8%€711.05€338.20€432.6020
Apr ’24n/a
€468.19
0%
15.6%€721.45€311.32€412.5020
Mar ’24n/a
€468.19
0%
15.6%€721.45€311.32n/a20
Analyst Price Target
Consensus Narrative from 22 Analysts
€490.12
Fair Value
14.1% undervalued intrinsic discount
22
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/14 00:56
End of Day Share Price 2025/03/12 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lockheed Martin Corporation is covered by 45 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Peter ArmentBaird
Ishan MajumdarBaptista Research