Relative Value

The Relative Value of one KA1 stock under the Base Case scenario is 50.24 EUR. Compared to the current market price of 43 EUR, Kaman Corp is Undervalued by 14%.

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
50.24 EUR
Undervaluation 14%
Relative Value
Price
K
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
69
Median 3Y
1.4
Median 5Y
1.4
Industry
3.9
vs History
7
vs Industry
5
Median 3Y
45.1
Median 5Y
25.7
Industry
33.1
vs History
36
vs Industry
37
Median 3Y
18.2
Median 5Y
18.1
Industry
21.4
vs History
11
vs Industry
27
Median 3Y
30.5
Median 5Y
1.9
Industry
29.1
vs History
0
vs Industry
68
Median 3Y
1.2
Median 5Y
1.3
Industry
3.6
vs History
0
vs Industry
62
Median 3Y
1.8
Median 5Y
1.7
Industry
3.8
vs History
1
vs Industry
67
Median 3Y
5.4
Median 5Y
5.1
Industry
13.7
vs History
11
vs Industry
43
Median 3Y
15.5
Median 5Y
14.9
Industry
20.7
vs History
15
vs Industry
29
Median 3Y
29.8
Median 5Y
29
Industry
27.7
vs History
28
vs Industry
35
Median 3Y
22.6
Median 5Y
22.2
Industry
22.4
vs History
9
vs Industry
22
Median 3Y
34
Median 5Y
23.6
Industry
31.6
vs History
7
vs Industry
73
Median 3Y
1
Median 5Y
1
Industry
2.6

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 1.8 173.6 16.4 31.5
US
Raytheon Technologies Corp
NYSE:RTX
178.7B USD 2.2 39 20.1 34.3
US
RTX Corp
LSE:0R2N
176.9B USD 2.2 38.5 19.9 33.9
US
Boeing Co
NYSE:BA
151.6B USD 2.2 -13 -20.8 -17
NL
Airbus SE
PAR:AIR
128.5B EUR 1.8 29.2 16.1 26
FR
Safran SA
PAR:SAF
108.2B EUR 3.9 -163 19.7 26.5
US
Lockheed Martin Corp
NYSE:LMT
110.8B USD 1.5 20.2 14.3 17.4
UK
Rolls-Royce Holdings PLC
LSE:RR
73.4B GBP 3.9 29.1 22.3 30.7
DE
Rheinmetall AG
XETRA:RHM
85.2B EUR 8.1 113.1 45.4 58.6
US
TransDigm Group Inc
NYSE:TDG
82.1B USD 9.7 47.5 24.2 26.4
UK
BAE Systems PLC
LSE:BA
58.2B GBP 2.2 29.7 18.3 26.5
P/S Multiple
Revenue Growth P/S to Growth
US
K
Kaman Corp
F:KA1
Average P/S: 3.6
1.8
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
2.2
6%
0.4
US
RTX Corp
LSE:0R2N
2.2
6%
0.4
US
Boeing Co
NYSE:BA
2.2
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%
0.6
DE
Rheinmetall AG
XETRA:RHM
8.1
32%
0.3
US
TransDigm Group Inc
NYSE:TDG
9.7
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: 57.8
173.6
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
39
28%
1.4
US
RTX Corp
LSE:0R2N
38.5
28%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -13 N/A N/A
NL
Airbus SE
PAR:AIR
29.2
22%
1.3
FR
Safran SA
PAR:SAF
Negative Multiple: -163 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
20.2
12%
1.7
UK
Rolls-Royce Holdings PLC
LSE:RR
29.1
3%
9.7
DE
Rheinmetall AG
XETRA:RHM
113.1
56%
2
US
TransDigm Group Inc
NYSE:TDG
47.5
24%
2
UK
BAE Systems PLC
LSE:BA
29.7
13%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
K
Kaman Corp
F:KA1
Average EV/EBITDA: 21.7
16.4
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
20.1
17%
1.2
US
RTX Corp
LSE:0R2N
19.9
17%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -20.8 N/A N/A
NL
Airbus SE
PAR:AIR
16.1
19%
0.8
FR
Safran SA
PAR:SAF
19.7
13%
1.5
US
Lockheed Martin Corp
NYSE:LMT
14.3
10%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
22.3
12%
1.9
DE
Rheinmetall AG
XETRA:RHM
45.4
39%
1.2
US
TransDigm Group Inc
NYSE:TDG
24.2
12%
2
UK
BAE Systems PLC
LSE:BA
18.3
11%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
K
Kaman Corp
F:KA1
Average EV/EBIT: 31.2
31.5
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
34.3
29%
1.2
US
RTX Corp
LSE:0R2N
33.9
29%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -17 N/A N/A
NL
Airbus SE
PAR:AIR
26
27%
1
FR
Safran SA
PAR:SAF
26.5
17%
1.6
US
Lockheed Martin Corp
NYSE:LMT
17.4
12%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
30.7
17%
1.8
DE
Rheinmetall AG
XETRA:RHM
58.6
42%
1.4
US
TransDigm Group Inc
NYSE:TDG
26.4
12%
2.2
UK
BAE Systems PLC
LSE:BA
26.5
17%
1.6