LOCKHEED MARTIN CORP (LOM.DE) Stock Fundamental Analysis
FRA:LOM - Deutsche Boerse Ag - US5398301094 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to LOM. LOM was compared to 38 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of LOM get a neutral evaluation. Nothing too spectacular is happening here. LOM has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year LOM was profitable.
LOM had a positive operating cash flow in the past year.
In the past 5 years LOM has always been profitable.
LOM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 9.59%, LOM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
LOM's Return On Equity of 84.26% is amongst the best of the industry. LOM outperforms 100.00% of its industry peers.
LOM has a Return On Invested Capital of 16.66%. This is amongst the best in the industry. LOM outperforms 97.37% of its industry peers.
LOM had an Average Return On Invested Capital over the past 3 years of 18.86%. This is significantly above the industry average of 8.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.59% | ||
| ROE | 84.26% | ||
| ROIC | 16.66% |
ROA(3y)11.21%
ROA(5y)11.9%
ROE(3y)82.45%
ROE(5y)83.72%
ROIC(3y)18.86%
ROIC(5y)19.56%
1.3 Margins
With a decent Profit Margin value of 7.51%, LOM is doing good in the industry, outperforming 78.95% of the companies in the same industry.
LOM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 9.92%, LOM is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
In the last couple of years the Operating Margin of LOM has declined.
LOM has a Gross Margin of 9.88%. This is in the lower half of the industry: LOM underperforms 71.05% of its industry peers.
LOM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.92% | ||
| PM (TTM) | 7.51% | ||
| GM | 9.88% |
OM growth 3Y-9.81%
OM growth 5Y-6.86%
PM growth 3Y-7.27%
PM growth 5Y-6.33%
GM growth 3Y-10.04%
GM growth 5Y-6.72%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so LOM is creating value.
The number of shares outstanding for LOM has been reduced compared to 1 year ago.
The number of shares outstanding for LOM has been reduced compared to 5 years ago.
The debt/assets ratio for LOM is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.47 indicates that LOM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.47, LOM belongs to the top of the industry, outperforming 81.58% of the companies in the same industry.
The Debt to FCF ratio of LOM is 3.83, which is a good value as it means it would take LOM, 3.83 years of fcf income to pay off all of its debts.
LOM has a better Debt to FCF ratio (3.83) than 76.32% of its industry peers.
LOM has a Debt/Equity ratio of 3.10. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 3.10, LOM is doing worse than 76.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.1 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 3.47 |
ROIC/WACC1.81
WACC9.23%
2.3 Liquidity
LOM has a Current Ratio of 1.13. This is a normal value and indicates that LOM is financially healthy and should not expect problems in meeting its short term obligations.
LOM's Current ratio of 1.13 is in line compared to the rest of the industry. LOM outperforms 50.00% of its industry peers.
A Quick Ratio of 0.95 indicates that LOM may have some problems paying its short term obligations.
LOM has a better Quick ratio (0.95) than 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for LOM have decreased by -0.50% in the last year.
Measured over the past 5 years, LOM shows a small growth in Earnings Per Share. The EPS has been growing by 5.03% on average per year.
LOM shows a small growth in Revenue. In the last year, the Revenue has grown by 5.14%.
LOM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.50% yearly.
EPS 1Y (TTM)-0.5%
EPS 3Y5.96%
EPS 5Y5.03%
EPS Q2Q%-2.66%
Revenue 1Y (TTM)5.14%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%-1.34%
3.2 Future
Based on estimates for the next years, LOM will show a small growth in Earnings Per Share. The EPS will grow by 4.42% on average per year.
Based on estimates for the next years, LOM will show a small growth in Revenue. The Revenue will grow by 3.11% on average per year.
EPS Next Y-0.75%
EPS Next 2Y4.13%
EPS Next 3Y4.96%
EPS Next 5Y4.42%
Revenue Next Year4.35%
Revenue Next 2Y4.1%
Revenue Next 3Y3.93%
Revenue Next 5Y3.11%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
LOM is valuated rather expensively with a Price/Earnings ratio of 17.08.
Based on the Price/Earnings ratio, LOM is valued cheaper than 94.74% of the companies in the same industry.
LOM is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 17.21, the valuation of LOM can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LOM indicates a rather cheap valuation: LOM is cheaper than 89.47% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of LOM to the average of the S&P500 Index (22.10), we can say LOM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.08 | ||
| Fwd PE | 17.21 |
4.2 Price Multiples
LOM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LOM is cheaper than 68.42% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LOM is valued cheaply inside the industry as 86.84% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.07 | ||
| EV/EBITDA | 15.02 |
4.3 Compensation for Growth
LOM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.4
EPS Next 2Y4.13%
EPS Next 3Y4.96%
5. Dividend
5.1 Amount
LOM has a Yearly Dividend Yield of 2.86%. Purely for dividend investing, there may be better candidates out there.
LOM's Dividend Yield is rather good when compared to the industry average which is at 1.22. LOM pays more dividend than 97.37% of the companies in the same industry.
LOM's Dividend Yield is a higher than the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
On average, the dividend of LOM grows each year by 7.21%, which is quite nice.
Dividend Growth(5Y)7.21%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
LOM pays out 57.33% of its income as dividend. This is a bit on the high side, but may be sustainable.
LOM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP57.33%
EPS Next 2Y4.13%
EPS Next 3Y4.96%
FRA:LOM (3/7/2025, 7:00:00 PM)
435.85
+13.95 (+3.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners74.93%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap102.59B
Analysts73.57
Price Target527.29 (20.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
Yearly Dividend11.89
Dividend Growth(5Y)7.21%
DP57.33%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.9%
Min EPS beat(2)3.56%
Max EPS beat(2)14.24%
EPS beat(4)4
Avg EPS beat(4)7.84%
Min EPS beat(4)3.56%
Max EPS beat(4)14.24%
EPS beat(8)7
Avg EPS beat(8)6.07%
EPS beat(12)8
Avg EPS beat(12)1.37%
EPS beat(16)12
Avg EPS beat(16)2.52%
Revenue beat(2)0
Avg Revenue beat(2)-2.45%
Min Revenue beat(2)-2.51%
Max Revenue beat(2)-2.4%
Revenue beat(4)2
Avg Revenue beat(4)1.66%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)6.3%
Revenue beat(8)4
Avg Revenue beat(8)1.75%
Revenue beat(12)5
Avg Revenue beat(12)0.51%
Revenue beat(16)5
Avg Revenue beat(16)-0.23%
PT rev (1m)-1.78%
PT rev (3m)-9.58%
EPS NQ rev (1m)0.44%
EPS NQ rev (3m)-3.98%
EPS NY rev (1m)-2.49%
EPS NY rev (3m)-3.12%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)1.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.08 | ||
| Fwd PE | 17.21 | ||
| P/S | 1.57 | ||
| P/FCF | 21.07 | ||
| P/OCF | 15.98 | ||
| P/B | 17.59 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.02 |
EPS(TTM)25.52
EY5.86%
EPS(NY)25.33
Fwd EY5.81%
FCF(TTM)20.69
FCFY4.75%
OCF(TTM)27.28
OCFY6.26%
SpS277.99
BVpS24.78
TBVpS-26.41
PEG (NY)N/A
PEG (5Y)3.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.59% | ||
| ROE | 84.26% | ||
| ROCE | 19.46% | ||
| ROIC | 16.66% | ||
| ROICexc | 17.89% | ||
| ROICexgc | 29.23% | ||
| OM | 9.92% | ||
| PM (TTM) | 7.51% | ||
| GM | 9.88% | ||
| FCFM | 7.44% |
ROA(3y)11.21%
ROA(5y)11.9%
ROE(3y)82.45%
ROE(5y)83.72%
ROIC(3y)18.86%
ROIC(5y)19.56%
ROICexc(3y)20.04%
ROICexc(5y)21.1%
ROICexgc(3y)34.88%
ROICexgc(5y)36.6%
ROCE(3y)22.03%
ROCE(5y)22.85%
ROICexcg growth 3Y-7.66%
ROICexcg growth 5Y-4.12%
ROICexc growth 3Y-8.46%
ROICexc growth 5Y-4.57%
OM growth 3Y-9.81%
OM growth 5Y-6.86%
PM growth 3Y-7.27%
PM growth 5Y-6.33%
GM growth 3Y-10.04%
GM growth 5Y-6.72%
F-Score4
Asset Turnover1.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.1 | ||
| Debt/FCF | 3.83 | ||
| Debt/EBITDA | 2.28 | ||
| Cap/Depr | 108.08% | ||
| Cap/Sales | 2.37% | ||
| Interest Coverage | 7.41 | ||
| Cash Conversion | 81.04% | ||
| Profit Quality | 99.08% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 3.47 |
F-Score4
WACC9.23%
ROIC/WACC1.81
Cap/Depr(3y)115.09%
Cap/Depr(5y)118.75%
Cap/Sales(3y)2.47%
Cap/Sales(5y)2.48%
Profit Quality(3y)98.69%
Profit Quality(5y)102.38%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.5%
EPS 3Y5.96%
EPS 5Y5.03%
EPS Q2Q%-2.66%
EPS Next Y-0.75%
EPS Next 2Y4.13%
EPS Next 3Y4.96%
EPS Next 5Y4.42%
Revenue 1Y (TTM)5.14%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%-1.34%
Revenue Next Year4.35%
Revenue Next 2Y4.1%
Revenue Next 3Y3.93%
Revenue Next 5Y3.11%
EBIT growth 1Y-17.7%
EBIT growth 3Y-8.05%
EBIT growth 5Y-3.6%
EBIT Next Year24.35%
EBIT Next 3Y10.65%
EBIT Next 5Y8.51%
FCF growth 1Y-15.12%
FCF growth 3Y-11.77%
FCF growth 5Y-1.93%
OCF growth 1Y-11.97%
OCF growth 3Y-8.9%
OCF growth 5Y-0.95%