Heroux Devtek Inc
TSX:HRX

Watchlist Manager
Heroux Devtek Inc Logo
Heroux Devtek Inc
TSX:HRX
Watchlist
Price: 12.6 CAD -0.71%
Market Cap: 258m CAD
Have any thoughts about
Heroux Devtek Inc?
Write Note

Relative Value

The Relative Value of one HRX stock under the Base Case scenario is 45.79 CAD. Compared to the current market price of 12.6 CAD, Heroux Devtek Inc is Undervalued by 72%.

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.

HRX Relative Value
Base Case
45.79 CAD
Undervaluation 72%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
73
Median 3Y
1
Median 5Y
1
Industry
4
Forward
0.4
vs History
73
vs Industry
47
Median 3Y
21
Median 5Y
20.7
Industry
34.2
Forward
4.9
vs History
65
vs Industry
32
Median 3Y
14.8
Median 5Y
8.4
Industry
22.6
vs History
22
vs Industry
11
Median 3Y
22.7
Median 5Y
19.7
Industry
30.7
vs History
93
vs Industry
60
Median 3Y
1.4
Median 5Y
1.4
Industry
3.7
vs History
95
vs Industry
68
Median 3Y
1.3
Median 5Y
1.3
Industry
3.9
Forward
0.5
vs History
95
vs Industry
59
Median 3Y
8.5
Median 5Y
8.1
Industry
13.1
vs History
96
vs Industry
55
Median 3Y
9.9
Median 5Y
8.9
Industry
20.8
Forward
3
vs History
96
vs Industry
52
Median 3Y
16.5
Median 5Y
15.7
Industry
27.7
Forward
4.1
vs History
66
vs Industry
30
Median 3Y
19.9
Median 5Y
11
Industry
23.3
vs History
33
vs Industry
15
Median 3Y
19.4
Median 5Y
14.2
Industry
32.8
vs History
96
vs Industry
64
Median 3Y
1
Median 5Y
1.1
Industry
2.6

Multiples Across Competitors

HRX Competitors Multiples
Heroux Devtek Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Heroux Devtek Inc
TSX:HRX
257.9m CAD 0.4 4.9 3.3 4.7
US
Raytheon Technologies Corp
NYSE:RTX
174.7B USD 2.1 38 19.7 33.5
US
RTX Corp
LSE:0R2N
174.3B USD 2.1 37.9 19.7 33.5
US
Boeing Co
NYSE:BA
154B USD 2.2 -13.2 -21.1 -17.2
NL
Airbus SE
PAR:AIR
126.8B EUR 1.8 28.6 15.8 25.5
FR
Safran SA
PAR:SAF
104.9B EUR 3.8 -157.2 19 25.6
US
Lockheed Martin Corp
NYSE:LMT
107.6B USD 1.5 19.5 13.9 16.9
UK
Rolls-Royce Holdings PLC
LSE:RR
68.1B GBP 3.6 27 20.6 28.5
US
TransDigm Group Inc
NYSE:TDG
80.7B USD 9.6 46.8 24 26.1
DE
Rheinmetall AG
XETRA:RHM
69.9B EUR 7.2 97.4 39 50.3
US
General Dynamics Corp
NYSE:GD
73.5B USD 1.5 18.5 13.4 15.8
P/E Multiple
Earnings Growth PEG
CA
Heroux Devtek Inc
TSX:HRX
Average P/E: 35.4
4.9
25%
0.2
US
Raytheon Technologies Corp
NYSE:RTX
38
28%
1.4
US
RTX Corp
LSE:0R2N
37.9
28%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -13.2 N/A N/A
NL
Airbus SE
PAR:AIR
28.6
22%
1.3
FR
Safran SA
PAR:SAF
Negative Multiple: -157.2 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
19.5
12%
1.6
UK
Rolls-Royce Holdings PLC
LSE:RR
27
3%
9
US
TransDigm Group Inc
NYSE:TDG
46.8
24%
2
DE
Rheinmetall AG
XETRA:RHM
97.4
56%
1.7
US
General Dynamics Corp
NYSE:GD
18.5
10%
1.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Heroux Devtek Inc
TSX:HRX
Average EV/EBITDA: 18.8
3.3
18%
0.2
US
Raytheon Technologies Corp
NYSE:RTX
19.7
17%
1.2
US
RTX Corp
LSE:0R2N
19.7
17%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -21.1 N/A N/A
NL
Airbus SE
PAR:AIR
15.8
20%
0.8
FR
Safran SA
PAR:SAF
19
13%
1.5
US
Lockheed Martin Corp
NYSE:LMT
13.9
10%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
20.6
12%
1.7
US
TransDigm Group Inc
NYSE:TDG
24
13%
1.8
DE
Rheinmetall AG
XETRA:RHM
39
36%
1.1
US
General Dynamics Corp
NYSE:GD
13.4
8%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Heroux Devtek Inc
TSX:HRX
Average EV/EBIT: 26
4.7
26%
0.2
US
Raytheon Technologies Corp
NYSE:RTX
33.5
29%
1.2
US
RTX Corp
LSE:0R2N
33.5
29%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -17.2 N/A N/A
NL
Airbus SE
PAR:AIR
25.5
27%
0.9
FR
Safran SA
PAR:SAF
25.6
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
16.9
12%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
28.5
17%
1.7
US
TransDigm Group Inc
NYSE:TDG
26.1
12%
2.2
DE
Rheinmetall AG
XETRA:RHM
50.3
42%
1.2
US
General Dynamics Corp
NYSE:GD
15.8
9%
1.8