Howmet Aerospace Inc. (HWM) – Recovery expected in commercial aerospace market in 2HFY21

Forged Wheels reported revenue of $227mn, an increase of 19% Y/Y due to strength in the commercial transportation market. Segment operating profit was $70mn, up 40% Y/Y, driven by volume increases, cost reductions, and maximizing production in low cost countries.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages : 34