Research / Stock / HWM
H
HWM
Howmet Aerospace Inc.
264.04
+0.75 +0.28%
close 2026-08-25
Assumptions
24.0%
Market is pricing 24.0%— you agree
No trailing FCF growth rate — the series crosses zero or is too short, and a CAGR through a negative is not a number worth printing.
10 yrs
3.00%
9.66%
9.7% derived for this company beta 1.13 (1254d vs the S&P 500) · cost of equity 9.8% = 4.7% risk-free + 1.13 × 4.5% premium · 3% debt at 7.2%, taxed at 18%
Fair value
$263.27
-0.3%
At the market's assumptionsCurrent price $264.04Enterprise value 105.6B
Bear $182.51 (19.0% growth)Bull $377.12 (29.0%)
Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices 24.0%
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Present value of each projected year, Y1–Y10
28% the 10 forecast years72% terminal value