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Maxar Technologies Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: MAXR ($52.99) is trading above our estimate of fair value ($42.37)

Significantly Below Fair Value: MAXR is trading above our estimate of fair value.


Key Valuation Metric

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

Key metric: As MAXR is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MAXR. This is calculated by dividing MAXR's market cap by their current revenue.
What is MAXR's PS Ratio?
PS Ratio2.5x
SalesUS$1.62b
Market CapUS$4.02b

Price to Sales Ratio vs Peers

How does MAXR's PS Ratio compare to its peers?

The above table shows the PS ratio for MAXR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.1x
DRS Leonardo DRS
2.9x6.2%US$9.2b
AJRD Aerojet Rocketdyne Holdings
2x4.7%US$4.7b
PSN Parsons
1.6x8.6%US$10.4b
MOG.A Moog
1.8x4.2%US$6.5b
MAXR Maxar Technologies
2.5x11.0%US$4.0b

Price-To-Sales vs Peers: MAXR is expensive based on its Price-To-Sales Ratio (2.5x) compared to the peer average (1.4x).


Price to Sales Ratio vs Industry

How does MAXR's PS Ratio compare vs other companies in the US Aerospace & Defense Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
VVX V2X
0.4x4.8%US$1.80b
LLAP Terran Orbital
0.4x29.5%US$51.22m
SIF SIFCO Industries
0.2xn/aUS$23.79m
AIRI Air Industries Group
0.3x1.8%US$14.57m
MAXR 2.5xIndustry Avg. 2.5xNo. of Companies12PS0246810+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MAXR is expensive based on its Price-To-Sales Ratio (2.5x) compared to the US Aerospace & Defense industry average (1.9x)


Price to Sales Ratio vs Fair Ratio

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

MAXR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.5x
Fair PS Ratio2.3x

Price-To-Sales vs Fair Ratio: MAXR is expensive based on its Price-To-Sales Ratio (2.5x) compared to the estimated Fair Price-To-Sales Ratio (2.3x).


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 MAXR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Dec ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Nov ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Oct ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Sep ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Aug ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Jul ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Jun ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
May ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Apr ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Mar ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Feb ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Jan ’25n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Dec ’24n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Nov ’24n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Oct ’24n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Sep ’24n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Aug ’24n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Jul ’24n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
Jun ’24n/a
US$50.83
0%
9.5%US$53.00US$40.00n/a6
May ’24US$52.98
US$51.14
-3.5%
8.9%US$53.00US$40.00n/a7
Apr ’24US$51.06
US$51.38
+0.6%
8.4%US$53.00US$40.00n/a8
Mar ’24US$51.47
US$51.56
+0.2%
7.9%US$53.00US$40.00n/a9
Feb ’24US$51.78
US$51.56
-0.4%
7.9%US$53.00US$40.00n/a9
Jan ’24US$51.74
US$51.56
-0.4%
7.9%US$53.00US$40.00n/a9
Dec ’23US$24.80
US$33.57
+35.4%
25.8%US$47.00US$15.00n/a14

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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/05/04 15:50
End of Day Share Price 2023/05/02 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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 here.

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 .

Analyst Sources

Maxar Technologies Inc. is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter ArmentBaird
Ronald EpsteinBofA Global Research
Byron BerryByron Capital Markets