Orbital Corporation Ltd
ASX:OEC
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P/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its Industry Average (21), the stock would be worth AU$-0.4 (311% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -10 | AU$0.19 |
0%
|
| Industry Average | 21 | AU$-0.4 |
-311%
|
| Country Average | 18.1 | AU$-0.34 |
-281%
|
Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Orbital Corporation Ltd
ASX:OEC
|
34m AUD | -10 | -5.4 | |
| US |
|
Raytheon Technologies Corp
NYSE:RTX
|
234.3B USD | 58.2 | 32.3 | |
| US |
|
RTX Corp
LSE:0R2N
|
235B USD | 58.4 | 32.4 | |
| US |
|
Boeing Co
NYSE:BA
|
179.2B USD | -16 | 93.2 | |
| NL |
|
Airbus SE
PAR:AIR
|
137.7B EUR | 47.3 | 26.4 | |
| UK |
|
Rolls-Royce Holdings PLC
LSE:RR
|
101.3B GBP | 40.9 | 17.3 | |
| FR |
|
Safran SA
PAR:SAF
|
113.8B EUR | 23.9 | 15.9 | |
| US |
|
Lockheed Martin Corp
NYSE:LMT
|
117.4B USD | 19.6 | 24.5 | |
| US |
|
Howmet Aerospace Inc
NYSE:HWM
|
96.2B USD | 92.7 | 63.9 | |
| US |
|
General Dynamics Corp
NYSE:GD
|
93.5B USD | 32.4 | 22.2 | |
| UK |
|
BAE Systems PLC
LSE:BA
|
61.1B GBP | 53 | 29.6 |
Market Distribution
| Min | 0.2 |
| 30th Percentile | 12.5 |
| Median | 18.1 |
| 70th Percentile | 35.6 |
| Max | 5 049.1 |
Other Multiples
Orbital Corporation Ltd
Glance View
Orbital Corp. Ltd. engages in the design and manufacture of integrated engine systems for military drones. The company is headquartered in Balcatta, Western Australia. The firm provides integrated propulsion systems and flight components for tactical unmanned aerial vehicles (UAVs). The firm's modular propulsion solution (MPS) addresses a need within the tactical UAV market for aircraft to have the ability to adapt to varying end customer requirements and for the deployment of its aircraft. FlexDI is a direct fuel injection technology that offers an advanced Spark Ignition solution for UAV engines, including gasoline, JP5, JP8 and JetA. The FlexECU platform has been developed to provide engine controllers to meet the varying requirements for engine applications. The company provides engine development, testing, validation and refurbishment services in facilities. The firm offers after-sale service, including servicing, repair and refit. The company operates in Australia and the United States.