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Howmet Aerospace Inc. (HWM)

Rolling Drawing & Extruding of Nonferrous Metals

Latest Price
$282.26
TTM P/E
65.49
Normalized P/E
120.35
Div Yield
0.16%
Book Value
13.77
P/B Ratio
20.50

Valuation metrics

adjust assumptions →
EPS: $3.71
Book value / share: $13.33
Formula: √(22.5 × EPS × BVPS)
Graham Number
$33.36
88% downside
Norm. op. income: $1.0B (median of 7yr)
Tax rate: 19%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$15.05
95% downside
Base FCF: $682M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$120.63
57% downside
EPS: $3.71
Target P/E: 65×
Formula: EPS × P/E
P/E Fair Value
$241.15
15% downside

Institutional Ownership

82.8% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.47.96M$11.05B11.96%+721.7K2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC26.06M$6.00B6.50%--2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC18.54M$4.27B4.62%--2026-03-31
STATE STREET CORP18.32M$4.22B4.57%-44.4K2026-03-31
FMR LLC15.78M$3.63B3.93%+274.7K2026-03-31
PRICE T ROWE ASSOCIATES INC /MD/15.43M$3.56B3.85%-1.20M2026-03-31
GEODE CAPITAL MANAGEMENT, LLC11.58M$2.67B2.89%+273.4K2026-03-31
BANK OF AMERICA CORP /DE/10.73M$2.47B2.68%+177.5K2026-03-31
JANUS HENDERSON GROUP PLC7.76M$1.77B1.93%-194.6K2026-03-31
MASSACHUSETTS FINANCIAL SERVICES CO /MA/7.62M$1.78B1.90%-2.19M2026-03-31
View all institutional holders →