Research / Stock / LMT
L
LMT
LOCKHEED MARTIN CORP
556.52
-7.62 -1.35%
close 2026-08-25
Assumptions
-4.8%
Market is pricing -4.8%— you agree
Actually grew +1.5%/yrFCF, 2020–2025 — the market is pricing 6.3pts SLOWER than history
10 yrs
3.00%
5.82%
5.8% derived for this company beta 0.30 (1254d vs the S&P 500) · cost of equity 6.0% = 4.7% risk-free + 0.30 × 4.5% premium · 13% debt at 5.2%, taxed at 15% beta 0.22 clamped to 0.30
Fair value
$556.52
+0.0%
At the market's assumptionsCurrent price $556.52Enterprise value 128.0B
Bear $360.32 (-9.8% growth)Bull $860.56 (0.2%)
Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices -4.8%
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Present value of each projected year, Y1–Y10
32% the 10 forecast years68% terminal value