Lockheed Martin Valuation

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

LMT * (MX$11330) is trading below our estimate of [[fair value]] (MX$11720.56)

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

Valuation Score

3/6

Valuation Score 3/6

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 LMT * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LMT * (MX$11330) is trading below our estimate of fair value (MX$11720.56)

Significantly Below Fair Value: LMT * is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for LMT *. This is calculated by dividing LMT *'s market cap by their current preferred multiple.
What is LMT *'s n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$137.76b

LMT * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.2x
Enterprise Value/EBITDA	15.2x
PEG Ratio	11.7x

Price to Earnings Ratio vs Peers

How does LMT *'s PE Ratio compare to its peers?

The above table shows the PE ratio for LMT * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	44.9x
RTX RTX	71x	24.3%	US$159.4b
AIR Airbus	34.2x	22.4%	€105.7b
GE General Electric	51x	17.1%	US$205.7b
GD General Dynamics	23.3x	9.2%	US$83.6b
LMT * Lockheed Martin	20.5x	1.8%	Mex$137.8b

Price-To-Earnings vs Peers: LMT * is good value based on its Price-To-Earnings Ratio (20.5x) compared to the peer average (44.9x).

Price to Earnings Ratio vs Industry

How does LMT *'s PE Ratio compare vs other companies in the Global Aerospace & Defense Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	0%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	0%
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No more companies

Price-To-Earnings vs Industry: LMT * is good value based on its Price-To-Earnings Ratio (20.5x) compared to the Global Aerospace & Defense industry average (35.1x).

Price to Earnings Ratio vs Fair Ratio

What is LMT *'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.

LMT * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LMT *'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 LMT * forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	n/a	Mex$10,774.60 0%	10.7%	Mex$13,659.57	Mex$7,858.13	n/a	20
Sep ’25	Mex$10,700.00	Mex$10,428.55 -2.5%	9.0%	Mex$12,113.77	Mex$7,726.10	n/a	20
Aug ’25	Mex$9,940.00	Mex$10,001.78 +0.6%	8.8%	Mex$11,830.11	Mex$7,545.19	n/a	20
Jul ’25	Mex$8,578.74	Mex$9,005.71 +5.0%	7.2%	Mex$10,027.45	Mex$6,942.08	n/a	19
Jun ’25	Mex$7,835.11	Mex$8,205.60 +4.7%	7.1%	Mex$9,165.10	Mex$6,345.07	n/a	19
May ’25	n/a	Mex$8,365.21 0%	6.8%	Mex$9,362.04	Mex$6,481.41	n/a	21
Apr ’25	Mex$7,494.00	Mex$8,057.56 +7.5%	6.8%	Mex$9,110.99	Mex$6,340.98	n/a	22
Mar ’25	Mex$7,243.27	Mex$8,233.47 +13.7%	6.9%	Mex$9,376.35	Mex$6,478.20	n/a	22
Feb ’25	Mex$7,283.05	Mex$8,333.69 +14.4%	6.9%	Mex$9,472.38	Mex$6,544.55	n/a	22
Jan ’25	Mex$7,583.45	Mex$8,281.06 +9.2%	8.2%	Mex$9,442.35	Mex$6,249.12	n/a	21
Dec ’24	Mex$7,761.97	Mex$8,665.89 +11.6%	8.3%	Mex$9,916.39	Mex$6,562.85	n/a	21
Nov ’24	Mex$7,996.08	Mex$8,665.89 +8.4%	8.3%	Mex$9,916.39	Mex$6,562.85	n/a	21
Oct ’24	Mex$7,246.07	Mex$8,774.38 +21.1%	8.4%	Mex$9,814.34	Mex$6,613.63	n/a	21
Sep ’24	n/a	Mex$8,628.84 0%	8.1%	Mex$9,592.40	Mex$6,464.07	Mex$10,700.00	20
Aug ’24	n/a	Mex$8,492.85 0%	8.1%	Mex$9,426.12	Mex$6,352.02	Mex$9,940.00	20
Jul ’24	Mex$7,900.00	Mex$8,897.27 +12.6%	9.3%	Mex$10,241.58	Mex$6,562.40	Mex$8,578.74	20
Jun ’24	n/a	Mex$8,897.27 0%	9.3%	Mex$10,241.58	Mex$6,562.40	Mex$7,835.11	20
May ’24	Mex$8,400.00	Mex$9,389.89 +11.8%	14.8%	Mex$14,116.05	Mex$6,714.17	n/a	20
Apr ’24	n/a	Mex$9,621.00 0%	15.6%	Mex$14,825.12	Mex$6,397.40	Mex$7,494.00	20
Mar ’24	Mex$8,502.50	Mex$9,621.00 +13.2%	15.6%	Mex$14,825.12	Mex$6,397.40	Mex$7,243.27	20
Feb ’24	Mex$8,650.00	Mex$9,258.36 +7.0%	16.3%	Mex$14,412.65	Mex$6,219.41	Mex$7,283.05	20
Jan ’24	Mex$9,320.00	Mex$9,675.99 +3.8%	15.6%	Mex$14,750.10	Mex$7,462.50	Mex$7,583.45	20
Dec ’23	Mex$9,202.60	Mex$8,999.19 -2.2%	10.4%	Mex$10,632.77	Mex$6,978.96	Mex$7,761.97	18
Nov ’23	Mex$9,589.80	Mex$9,115.14 -4.9%	9.7%	Mex$10,195.15	Mex$7,146.50	Mex$7,996.08	18
Oct ’23	Mex$7,916.90	Mex$9,325.23 +17.8%	9.2%	Mex$10,846.30	Mex$7,526.00	Mex$7,246.07	17
Sep ’23	Mex$8,592.00	Mex$9,269.59 +7.9%	9.3%	Mex$10,793.91	Mex$7,489.65	n/a	17

Analyst Forecast: Target price is lower than the current share price.