Howmet Aerospace Inc. (HWM)
Rolling Drawing & Extruding of Nonferrous Metals
Latest Price
$227.13
TTM P/E
48.95
Normalized P/E
91.07
Div Yield
0.21%
Book Value
14.33
P/B Ratio
15.85
Valuation metrics
adjust assumptions →EPS: $3.71
Book value / share: $13.33
Formula: √(22.5 × EPS × BVPS)
Graham Number
$33.36
85% 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
93% 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
47% downside
EPS: $3.71
Target P/E: 91×
Formula: EPS × P/E
P/E Fair Value
$337.61
+49% upside
Institutional Ownership
90.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 45.82M | $12.32B | 11.45% | -2.14M | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 26.14M | $7.03B | 6.53% | +79.7K | 2026-06-30 |
| STATE STREET CORP | 18.93M | $5.09B | 4.73% | +612.9K | 2026-06-30 |
| JPMORGAN CHASE & CO | 18.56M | $4.99B | 4.64% | -9.17M | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 18.55M | $4.99B | 4.64% | +13.0K | 2026-06-30 |
| FMR LLC | 15.41M | $4.14B | 3.85% | -363.8K | 2026-06-30 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 13.50M | $3.63B | 3.38% | -1.92M | 2026-06-30 |
| BANK OF AMERICA CORP /DE/ | 10.29M | $2.77B | 2.57% | -437.6K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 9.51M | $2.56B | 2.38% | -2.07M | 2026-06-30 |
| NORGES BANK | 7.90M | $2.12B | 1.97% | -853.6K | 2026-06-30 |