Relative Value

The Relative Value of one KA1 stock under the Base Case scenario is 51.42 EUR. Compared to the current market price of 43 EUR, Kaman Corp is Undervalued by 16%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

KA1 Relative Value
Base Case
51.42 EUR
Undervaluation 16%
Relative Value
Price
K
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
69
Median 3Y
1.4
Median 5Y
1.5
Industry
4.1
vs History
7
vs Industry
5
Median 3Y
51.1
Median 5Y
25.9
Industry
34.7
vs History
36
vs Industry
37
Median 3Y
18.2
Median 5Y
18.2
Industry
21.5
vs History
11
vs Industry
27
Median 3Y
30.5
Median 5Y
2.2
Industry
28
vs History
0
vs Industry
68
Median 3Y
1.2
Median 5Y
1.3
Industry
3.8
vs History
0
vs Industry
62
Median 3Y
2
Median 5Y
1.7
Industry
3.9
vs History
1
vs Industry
67
Median 3Y
5.8
Median 5Y
5.1
Industry
14.2
vs History
9
vs Industry
43
Median 3Y
15.5
Median 5Y
15
Industry
20.4
vs History
15
vs Industry
29
Median 3Y
30
Median 5Y
29.3
Industry
27.7
vs History
28
vs Industry
35
Median 3Y
22.6
Median 5Y
22.2
Industry
21.8
vs History
7
vs Industry
22
Median 3Y
34
Median 5Y
23.8
Industry
27.9
vs History
6
vs Industry
73
Median 3Y
1
Median 5Y
1.1
Industry
2.7

Multiples Across Competitors

KA1 Competitors Multiples
Kaman Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Kaman Corp
F:KA1
1.2B EUR 1.8 176.2 16.5 31.9
US
Raytheon Technologies Corp
NYSE:RTX
189.5B USD 2.3 41.2 21.1 35.9
US
RTX Corp
LSE:0R2N
185B USD 2.3 40.2 20.7 35.2
US
Boeing Co
NYSE:BA
161.2B USD 2.3 -13.8 -21.9 -17.9
NL
Airbus SE
PAR:AIR
127.4B EUR 1.8 28.8 15.9 25.7
FR
Safran SA
PAR:SAF
107.2B EUR 3.9 -160.7 19.4 26.2
US
Lockheed Martin Corp
NYSE:LMT
106.4B USD 1.5 19.3 13.8 16.8
UK
Rolls-Royce Holdings PLC
LSE:RR
74.4B GBP 3.9 29.6 22.6 31.2
DE
Rheinmetall AG
XETRA:RHM
76.5B EUR 7.3 101.5 41 53
US
TransDigm Group Inc
NYSE:TDG
80.4B USD 9.6 46.7 23.9 26
UK
BAE Systems PLC
LSE:BA
56.7B GBP 2.2 29.2 17.9 25.9
P/S Multiple
Revenue Growth P/S to Growth
US
K
Kaman Corp
F:KA1
Average P/S: 3.5
1.8
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
2.3
6%
0.4
US
RTX Corp
LSE:0R2N
2.3
6%
0.4
US
Boeing Co
NYSE:BA
2.3
19%
0.1
NL
Airbus SE
PAR:AIR
1.8
11%
0.2
FR
Safran SA
PAR:SAF
3.9
11%
0.4
US
Lockheed Martin Corp
NYSE:LMT
1.5
4%
0.4
UK
Rolls-Royce Holdings PLC
LSE:RR
3.9
6%
0.7
DE
Rheinmetall AG
XETRA:RHM
7.3
32%
0.2
US
TransDigm Group Inc
NYSE:TDG
9.6
9%
1.1
UK
BAE Systems PLC
LSE:BA
2.2
10%
0.2
P/E Multiple
Earnings Growth PEG
US
K
Kaman Corp
F:KA1
Average P/E: 57
176.2
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
41.2
28%
1.5
US
RTX Corp
LSE:0R2N
40.2
28%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -13.8 N/A N/A
NL
Airbus SE
PAR:AIR
28.8
22%
1.3
FR
Safran SA
PAR:SAF
Negative Multiple: -160.7 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
19.3
12%
1.6
UK
Rolls-Royce Holdings PLC
LSE:RR
29.6
3%
9.9
DE
Rheinmetall AG
XETRA:RHM
101.5
58%
1.8
US
TransDigm Group Inc
NYSE:TDG
46.7
24%
1.9
UK
BAE Systems PLC
LSE:BA
29.2
13%
2.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
K
Kaman Corp
F:KA1
Average EV/EBITDA: 21.3
16.5
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
21.1
17%
1.2
US
RTX Corp
LSE:0R2N
20.7
17%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -21.9 N/A N/A
NL
Airbus SE
PAR:AIR
15.9
19%
0.8
FR
Safran SA
PAR:SAF
19.4
13%
1.5
US
Lockheed Martin Corp
NYSE:LMT
13.8
10%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
22.6
12%
1.9
DE
Rheinmetall AG
XETRA:RHM
41
39%
1.1
US
TransDigm Group Inc
NYSE:TDG
23.9
12%
2
UK
BAE Systems PLC
LSE:BA
17.9
11%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
K
Kaman Corp
F:KA1
Average EV/EBIT: 30.8
31.9
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
35.9
29%
1.2
US
RTX Corp
LSE:0R2N
35.2
29%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -17.9 N/A N/A
NL
Airbus SE
PAR:AIR
25.7
26%
1
FR
Safran SA
PAR:SAF
26.2
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
16.8
12%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
31.2
17%
1.8
DE
Rheinmetall AG
XETRA:RHM
53
44%
1.2
US
TransDigm Group Inc
NYSE:TDG
26
12%
2.2
UK
BAE Systems PLC
LSE:BA
25.9
17%
1.5