Raytheon Technologies Corp
NYSE:RTX
Intrinsic Value
Raytheon Technologies Corp. is an aerospace and defense company, which engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. [ Read More ]
The intrinsic value of one RTX stock under the Base Case scenario is 140.25 USD. Compared to the current market price of 93.46 USD, Raytheon Technologies Corp is Undervalued by 33%.
Valuation Backtest
Raytheon Technologies Corp
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Fundamental Analysis
Company Exceeds Expectations, Projects Growth
2023-Q4 Earnings Call
The company closed the year with stronger performance than anticipated, seeing a 10% organic sales increase to $19.8 billion for Q4, primarily due to commercial aerospace and defense segment growth. Adjusted earnings per share rose 2% to $1.29, beating expectations despite $2.3 billion in inflationary pressures. The year's total free cash flow reached $5.5 billion, surpassing forecasts by $700 million. For 2024, they project commercial OE revenue to grow by 10-15% and commercial aftermarket sales to increase by over 10%. They remain on track to achieve $2 billion in cost synergies by the end of 2025.
Balance Sheet Decomposition
Raytheon Technologies Corp
Current Assets | 48.4B |
Cash & Short-Term Investments | 6.6B |
Receivables | 23B |
Other Current Assets | 18.9B |
Non-Current Assets | 113.5B |
Long-Term Investments | 2.4B |
PP&E | 17.4B |
Intangibles | 89.1B |
Other Non-Current Assets | 4.6B |
Current Liabilities | 46.8B |
Accounts Payable | 10.7B |
Accrued Liabilities | 17.4B |
Short-Term Debt | 189m |
Other Current Liabilities | 18.5B |
Non-Current Liabilities | 55.3B |
Long-Term Debt | 42.4B |
Other Non-Current Liabilities | 13B |
Earnings Waterfall
Raytheon Technologies Corp
Revenue
|
68.9B
USD
|
Cost of Revenue
|
-56.8B
USD
|
Gross Profit
|
12.1B
USD
|
Operating Expenses
|
-8.5B
USD
|
Operating Income
|
3.6B
USD
|
Other Expenses
|
-366m
USD
|
Net Income
|
3.2B
USD
|
Free Cash Flow Analysis
Raytheon Technologies Corp
What is Free Cash Flow?
RTX Profitability Score
Profitability Due Diligence
Raytheon Technologies Corp's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
Score
Raytheon Technologies Corp's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
RTX Solvency Score
Solvency Due Diligence
Raytheon Technologies Corp's solvency score is 35/100. The higher the solvency score, the more solvent the company is.
Score
Raytheon Technologies Corp's solvency score is 35/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
RTX Price Targets Summary
Raytheon Technologies Corp
According to Wall Street analysts, the average 1-year price target for RTX is 96.51 USD with a low forecast of 70.7 USD and a high forecast of 117.6 USD.
Ownership
RTX Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
RTX Price
Raytheon Technologies Corp
Average Annual Return | 11.22% |
Standard Deviation of Annual Returns | 25.91% |
Max Drawdown | -52% |
Market Capitalization | 124B USD |
Shares Outstanding | 1 329 639 936 |
Percentage of Shares Shorted | 3.36% |
RTX News
Last Important Events
Raytheon Technologies Corp
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Raytheon Technologies Corp
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Raytheon Technologies Corp. is an aerospace and defense company, which engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. The company is headquartered in Waltham, Massachusetts and currently employs 174,000 full-time employees. The firm's operations are classified into four principal business segments: Collins Aerospace Systems, which is a global provider of aerospace and defense products and aftermarket service solutions for aircraft manufacturers, airlines, general aviation, as well as for defense and commercial space operations; Pratt & Whitney is engaged in suppling aircraft engines for commercial, military, business jet and general aviation customers; Raytheon Intelligence & Space is a developer and provider of integrated sensor and communication systems for advanced missions, advanced training, and cyber and software solutions to intelligence, defense, federal and commercial customers; and Raytheon Missiles & Defense segment, which is a designer, developer and producer of integrated air and missile defense systems.
Contact
IPO
Employees
Officers
The intrinsic value of one RTX stock under the Base Case scenario is 140.25 USD.
Compared to the current market price of 93.46 USD, Raytheon Technologies Corp is Undervalued by 33%.