LOCKHEED MARTIN CORP (LOM.DE) Stock Fundamental Analysis
FRA:LOM - Deutsche Boerse Ag - US5398301094 - Common Stock - Currency: EUR
Overall LOM gets a fundamental rating of 5 out of 10. We evaluated LOM against 40 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 it does not seem to be growing.
1. Profitability
1.1 Basic Checks
LOM had positive earnings in the past year.
LOM had a positive operating cash flow in the past year.
In the past 5 years LOM has always been profitable.
In the past 5 years LOM always reported a positive cash flow from operatings.
1.2 Ratios
LOM has a Return On Assets of 9.59%. This is amongst the best in the industry. LOM outperforms 100.00% of its industry peers.
LOM's Return On Equity of 84.26% is amongst the best of the industry. LOM outperforms 100.00% of its industry peers.
The Return On Invested Capital of LOM (16.66%) is better than 97.50% 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 8.80%.
| 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
Looking at the Profit Margin, with a value of 7.51%, LOM is in the better half of the industry, outperforming 77.50% of the companies in the same industry.
In the last couple of years the Profit Margin of LOM has declined.
With a decent Operating Margin value of 9.92%, LOM is doing good in the industry, outperforming 70.00% of the companies in the same industry.
LOM's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 9.88%, LOM is not doing good in the industry: 77.50% of the companies in the same industry are doing better.
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.
LOM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for LOM is higher compared to a year ago.
2.2 Solvency
LOM has an Altman-Z score of 3.44. This indicates that LOM is financially healthy and has little risk of bankruptcy at the moment.
LOM has a better Altman-Z score (3.44) than 77.50% of its industry peers.
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's Debt to FCF ratio of 3.83 is fine compared to the rest of the industry. LOM outperforms 75.00% 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.
LOM has a worse Debt to Equity ratio (3.10) than 77.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.1 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 3.44 |
ROIC/WACC1.72
WACC9.71%
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.
Looking at the Current ratio, with a value of 1.13, LOM is doing worse than 60.00% of the companies in the same industry.
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 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
LOM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.50%.
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.
The Revenue has been growing slightly by 5.14% in the past year.
The Revenue has been growing slightly by 3.50% on average over the past years.
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
The Earnings Per Share is expected to grow by 5.65% on average over the next years.
The Revenue is expected to grow by 3.22% on average over the next years.
EPS Next Y-0.96%
EPS Next 2Y4.12%
EPS Next 3Y4.93%
EPS Next 5Y5.65%
Revenue Next Year4.28%
Revenue Next 2Y4.08%
Revenue Next 3Y3.82%
Revenue Next 5Y3.22%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.86 indicates a correct valuation of LOM.
Based on the Price/Earnings ratio, LOM is valued cheaper than 97.50% of the companies in the same industry.
LOM is valuated rather cheaply when we compare the Price/Earnings ratio to 28.92, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 17.03, LOM is valued on the expensive side.
90.00% of the companies in the same industry are more expensive than LOM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.65, LOM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.86 | ||
| Fwd PE | 17.03 |
4.2 Price Multiples
62.50% of the companies in the same industry are more expensive than LOM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, LOM is valued cheaper than 85.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.73 | ||
| EV/EBITDA | 14.7 |
4.3 Compensation for Growth
The decent profitability rating of LOM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.35
EPS Next 2Y4.12%
EPS Next 3Y4.93%
5. Dividend
5.1 Amount
LOM has a Yearly Dividend Yield of 2.84%. 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 1.37. LOM pays more dividend than 97.50% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, LOM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
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.
The dividend of LOM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP57.33%
EPS Next 2Y4.12%
EPS Next 3Y4.93%
FRA:LOM (4/24/2025, 4:41:14 PM)
409.3
+3.55 (+0.87%)
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 Cap96.01B
Analysts70.71
Price Target498.97 (21.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
Yearly Dividend11.36
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)-5.37%
PT rev (3m)-13.22%
EPS NQ rev (1m)0.01%
EPS NQ rev (3m)-4.1%
EPS NY rev (1m)-0.21%
EPS NY rev (3m)-3.1%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)1.07%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.86 | ||
| Fwd PE | 17.03 | ||
| P/S | 1.54 | ||
| P/FCF | 20.73 | ||
| P/OCF | 15.72 | ||
| P/B | 17.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.7 |
EPS(TTM)24.28
EY5.93%
EPS(NY)24.04
Fwd EY5.87%
FCF(TTM)19.75
FCFY4.82%
OCF(TTM)26.04
OCFY6.36%
SpS265.32
BVpS23.65
TBVpS-25.21
PEG (NY)N/A
PEG (5Y)3.35
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 | 3.44 |
F-Score4
WACC9.71%
ROIC/WACC1.72
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-0.96%
EPS Next 2Y4.12%
EPS Next 3Y4.93%
EPS Next 5Y5.65%
Revenue 1Y (TTM)5.14%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%-1.34%
Revenue Next Year4.28%
Revenue Next 2Y4.08%
Revenue Next 3Y3.82%
Revenue Next 5Y3.22%
EBIT growth 1Y-17.7%
EBIT growth 3Y-8.05%
EBIT growth 5Y-3.6%
EBIT Next Year25.77%
EBIT Next 3Y10.78%
EBIT Next 5Y7.62%
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%