Overview Dividends

(HWM) Howmet Aerospace - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4432011082

Engine,Fasteners,Forgings,Wheels

HWM EPS (Earnings per Share)

EPS Growth (3Y CAGR): 39.54%
EPS Trend (3Y Correlation): 98.6%

HWM Revenue

Revenue Growth (3Y CAGR): 12.45%
Revenue Trend (3Y Correlation): 98.3%

Risk via 10d forecast
Volatility	29.1%
Value at Risk 5%th	46.7%
Relative Tail Risk	-13.87%

Reward TTM
Sharpe Ratio	1.71
Alpha	63.67

Character TTM
Hurst Exponent	0.415
Beta	1.190
Beta Downside	1.323

Drawdowns 3y
Max DD	19.41%
Mean DD	3.27%
Median DD	2.07%

Description: HWM Howmet Aerospace September 26, 2025

Howmet Aerospace Inc. (NYSE:HWM) designs and manufactures high-performance components for aerospace and transportation markets across North America, Europe, and Asia, operating under four business segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The company traces its roots to 1888 and is headquartered in Pittsburgh, Pennsylvania, having rebranded from Arconic Inc.

In fiscal 2023 the firm reported roughly $5.2 billion in revenue, with the Engine Products segment contributing about 45 % of sales and maintaining an EBITDA margin near 12 %. The Fastening Systems line, a key supplier to both commercial jet OEMs and defense contractors, has benefited from rising aircraft deliveries, while the Engineered Structures segment leverages its titanium and nickel capabilities to capture higher-margin defense contracts. The Forged Wheels business, although a smaller share, serves the growing heavy-duty truck market, which is sensitive to fuel-efficiency regulations.

Key economic drivers for HWM include the global jet-engine fleet renewal cycle (estimated at 2-3 % annual growth), defense spending trends that boost demand for titanium airframe parts, and macro-level supply-chain constraints on specialty alloys. A material-cost exposure to aluminum and titanium prices adds volatility; recent spot-price spikes have pressured margins, but the company’s long-term supply agreements mitigate some risk. Investors should monitor OEM inventory levels and the pace of commercial aircraft deliveries, as these are leading indicators of segment-specific revenue trends.

For a deeper quantitative dive, the ValueRay platform provides granular, real-time metrics that can help you test the sensitivity of HWM’s valuation to these drivers.

HWM Stock Overview

Market Cap in USD	81,023m
Sub-Industry	Aerospace & Defense
IPO / Inception	1962-01-02
Return 12m vs S&P 500	57.1%
Analyst Rating	4.40 of 5

HWM Dividends

Dividend Yield	0.22%
Yield on Cost 5y	1.92%
Yield CAGR 5y	104.04%
Payout Consistency	85.9%
Payout Ratio	12.7%

HWM Growth Ratios

CAGR 3y	77.80%
CAGR/Max DD Calmar Ratio	4.01
CAGR/Mean DD Pain Ratio	23.81
Current Volume	1573.8k
Average Volume	2142.3k

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (1.45b TTM) > 0 and > 6% of Revenue (6% = 478.5m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA -0.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 27.57% (prev 25.78%; Δ 1.80pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.15 (>3.0%) and CFO 1.71b > Net Income 1.45b (YES >=105%, WARN >=100%)

Net Debt (2.53b) to EBITDA (2.24b) ratio: 1.13 <= 3.0 (WARN <= 3.5)

Current Ratio 2.35 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (405.0m) change vs 12m ago -1.22% (target <= -2.0% for YES)

Gross Margin 30.03% (prev 26.91%; Δ 3.13pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 73.38% (prev 68.86%; Δ 4.53pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 12.70 (EBITDA TTM 2.24b / Interest Expense TTM 154.0m) >= 6 (WARN >= 3)

Altman Z'' 4.00

(A) 0.20 = (Total Current Assets 3.82b - Total Current Liabilities 1.62b) / Total Assets 11.18b

(B) 0.33 = Retained Earnings (Balance) 3.72b / Total Assets 11.18b

(D) 0.39 = Book Value of Equity 2.37b / Total Liabilities 6.03b

Total Rating: 4.00 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 86.04

1. Piotroski 7.50pt = 2.50

2. FCF Yield 1.27% = 0.63

3. FCF Margin 13.27% = 3.32

4. Debt/Equity 0.62 = 2.31

5. Debt/Ebitda 1.13 = 1.58

6. ROIC - WACC (= 8.74)% = 10.93

7. RoE 29.70% = 2.47

8. Rev. Trend 98.29% = 7.37

9. EPS Trend 98.56% = 4.93

What is the price of HWM shares?

As of November 15, 2025, the stock is trading at USD 203.29 with a total of 1,573,800 shares traded.
Over the past week, the price has changed by -1.63%, over one month by +5.38%, over three months by +15.58% and over the past year by +80.03%.

Is Howmet Aerospace a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Howmet Aerospace (NYSE:HWM) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 86.04 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HWM is around 316.90 USD . This means that HWM is currently undervalued and has a potential upside of +55.89% (Margin of Safety).

Is HWM a buy, sell or hold?

Howmet Aerospace has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy HWM.

Strong Buy: 15
Buy: 5
Hold: 5
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the HWM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	229.5	12.9%
Analysts Target Price	229.5	12.9%
ValueRay Target Price	358.2	76.2%

HWM Fundamental Data Overview November 15, 2025

Market Cap USD = 81.02b (81.02b USD * 1.0 USD.USD)
P/E Trailing = 56.5449
P/E Forward = 46.5116
P/S = 10.1597
P/B = 16.2226
P/EG = 0.8035
Beta = 1.319
Revenue TTM = 7.97b USD
EBIT TTM = 1.96b USD
EBITDA TTM = 2.24b USD
Long Term Debt = 3.19b USD (from longTermDebt, last quarter)
Short Term Debt = 1.00m USD (from shortTermDebt, last quarter)
Debt = 3.19b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.53b USD (from netDebt column, last quarter)
Enterprise Value = 83.55b USD (81.02b + Debt 3.19b - CCE 659.0m)
Interest Coverage Ratio = 12.70 (Ebit TTM 1.96b / Interest Expense TTM 154.0m)
FCF Yield = 1.27% (FCF TTM 1.06b / Enterprise Value 83.55b)
FCF Margin = 13.27% (FCF TTM 1.06b / Revenue TTM 7.97b)
Net Margin = 18.18% (Net Income TTM 1.45b / Revenue TTM 7.97b)
Gross Margin = 30.03% ((Revenue TTM 7.97b - Cost of Revenue TTM 5.58b) / Revenue TTM)
Gross Margin QoQ = 31.21% (prev 30.15%)
Tobins Q-Ratio = 7.48 (Enterprise Value 83.55b / Total Assets 11.18b)
Interest Expense / Debt = 1.16% (Interest Expense 37.0m / Debt 3.19b)
Taxrate = 22.22% (110.0m / 495.0m)
NOPAT = 1.52b (EBIT 1.96b * (1 - 22.22%))
Current Ratio = 2.35 (Total Current Assets 3.82b / Total Current Liabilities 1.62b)
Debt / Equity = 0.62 (Debt 3.19b / totalStockholderEquity, last quarter 5.14b)
Debt / EBITDA = 1.13 (Net Debt 2.53b / EBITDA 2.24b)
Debt / FCF = 2.39 (Net Debt 2.53b / FCF TTM 1.06b)
Total Stockholder Equity = 4.88b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.97% (Net Income 1.45b / Total Assets 11.18b)
RoE = 29.70% (Net Income TTM 1.45b / Total Stockholder Equity 4.88b)
RoCE = 24.24% (EBIT 1.96b / Capital Employed (Equity 4.88b + L.T.Debt 3.19b))
RoIC = 18.78% (NOPAT 1.52b / Invested Capital 8.10b)
WACC = 10.04% (E(81.02b)/V(84.21b) * Re(10.40%) + D(3.19b)/V(84.21b) * Rd(1.16%) * (1-Tc(0.22)))
Discount Rate = 10.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.09%
[DCF Debug] Terminal Value 74.17% ; FCFE base≈1.04b ; Y1≈1.28b ; Y5≈2.18b
Fair Price DCF = 61.97 (DCF Value 24.94b / Shares Outstanding 402.5m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 98.56 | EPS CAGR: 39.54% | SUE: 0.91 | # QB: 3
Revenue Correlation: 98.29 | Revenue CAGR: 12.45% | SUE: 1.11 | # QB: 2

Additional Sources for HWM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle