Rheinmetall AG
XETRA:RHM

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Rheinmetall AG Logo
Rheinmetall AG
XETRA:RHM
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Price: 1 537.5 EUR 0.16%
Market Cap: 70.7B EUR
Section:
 

Relative Value

The Relative Value of one RHM stock under the Base Case scenario is 1 612.05 EUR. Compared to the current market price of 1 537.5 EUR, Rheinmetall AG is Undervalued by 5%.

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.

RHM Relative Value
Base Case
1 612.05 EUR
Undervaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.4
P/S
P/S
Price to Sales
6.4
vs History
9
vs Industry
32
Median 3Y
2.6
Median 5Y
1.6
Industry
4.3
Forward
5.5
More Details
83.9
P/E
P/E
Price to Earnings
83.9
vs History
15
vs Industry
11
Median 3Y
39.1
Median 5Y
24.5
Industry
34.2
Forward
52.4
More Details
69.7
P/OCF
P/OCF
Price to OCF
69.7
vs History
6
vs Industry
24
Median 3Y
26.1
Median 5Y
22
Industry
19.7
More Details
78.5
P/FCFE
P/FCFE
Price to FCFE
78.5
vs History
17
vs Industry
18
Median 3Y
14.9
Median 5Y
11.4
Industry
32.2
More Details
15.1
P/B
P/B
Price to Book Value
15.1
vs History
9
vs Industry
7
Median 3Y
6.6
Median 5Y
3.8
Industry
4.1
More Details
6.5
EV/S
EV/S
Enterprise Value to Sales
6.5
vs History
9
vs Industry
29
Median 3Y
2.7
Median 5Y
1.7
Industry
4.5
Forward
5.6
More Details
12.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
12.4
vs History
11
vs Industry
51
Median 3Y
5
Median 5Y
3.1
Industry
14
More Details
36.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
36.3
vs History
9
vs Industry
23
Median 3Y
16.2
Median 5Y
10.9
Industry
19.4
Forward
28.4
More Details
48.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
48.2
vs History
9
vs Industry
22
Median 3Y
22.1
Median 5Y
14.8
Industry
26.5
Forward
35.7
More Details
70.3
EV/OCF
EV/OCF
Enterprise Value to OCF
70.3
vs History
6
vs Industry
25
Median 3Y
27.1
Median 5Y
21.8
Industry
21
More Details
732.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
732.7
vs History
7
vs Industry
14
Median 3Y
57.6
Median 5Y
33.9
Industry
26.9
More Details
5.2
EV/IC
EV/IC
Enterprise Value to IC
5.2
vs History
11
vs Industry
24
Median 3Y
2.1
Median 5Y
1.4
Industry
2.7
More Details

Multiples Across Competitors

RHM Competitors Multiples
Rheinmetall AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Rheinmetall AG
XETRA:RHM
70.4B EUR 6.4 83.9 36.3 48.2
US
Raytheon Technologies Corp
NYSE:RTX
229.7B USD 2.7 34.8 20.2 30.4
US
RTX Corp
LSE:0R2N
228.9B USD 2.7 34.7 20.1 30.3
NL
Airbus SE
PAR:AIR
155.5B EUR 2.2 30.7 18.2 27.6
US
Boeing Co
NYSE:BA
153.4B USD 1.9 -15.1 -26.9 -20.8
FR
Safran SA
PAR:SAF
123.2B EUR 4.2 28.5 20.7 27
UK
Rolls-Royce Holdings PLC
LSE:RR
92.3B GBP 4.7 15.9 21.7 27.7
US
Lockheed Martin Corp
NYSE:LMT
103.1B USD 1.4 24.6 15.3 19.5
US
General Dynamics Corp
NYSE:GD
92.3B USD 1.8 21.9 15.9 18.6
US
Northrop Grumman Corp
NYSE:NOC
79B USD 1.9 19.6 16.5 22.5
US
Howmet Aerospace Inc
NYSE:HWM
79.1B USD 9.9 54.6 35.8 40.9
P/E Multiple
Earnings Growth PEG
DE
Rheinmetall AG
XETRA:RHM
Average P/E: 34.9
83.9
61%
1.4
US
Raytheon Technologies Corp
NYSE:RTX
34.8
29%
1.2
US
RTX Corp
LSE:0R2N
34.7
29%
1.2
NL
Airbus SE
PAR:AIR
30.7
22%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -15.1 N/A N/A
FR
Safran SA
PAR:SAF
28.5
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
15.9
8%
2
US
Lockheed Martin Corp
NYSE:LMT
24.6
11%
2.2
US
General Dynamics Corp
NYSE:GD
21.9
11%
2
US
Northrop Grumman Corp
NYSE:NOC
19.6
3%
6.5
US
Howmet Aerospace Inc
NYSE:HWM
54.6
22%
2.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
Rheinmetall AG
XETRA:RHM
Average EV/EBITDA: 22.1
36.3
41%
0.9
US
Raytheon Technologies Corp
NYSE:RTX
20.2
17%
1.2
US
RTX Corp
LSE:0R2N
20.1
17%
1.2
NL
Airbus SE
PAR:AIR
18.2
19%
1
US
Boeing Co
NYSE:BA
Negative Multiple: -26.9 N/A N/A
FR
Safran SA
PAR:SAF
20.7
15%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
21.7
15%
1.4
US
Lockheed Martin Corp
NYSE:LMT
15.3
10%
1.5
US
General Dynamics Corp
NYSE:GD
15.9
8%
2
US
Northrop Grumman Corp
NYSE:NOC
16.5
6%
2.8
US
Howmet Aerospace Inc
NYSE:HWM
35.8
17%
2.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
Rheinmetall AG
XETRA:RHM
Average EV/EBIT: 29.3
48.2
45%
1.1
US
Raytheon Technologies Corp
NYSE:RTX
30.4
30%
1
US
RTX Corp
LSE:0R2N
30.3
30%
1
NL
Airbus SE
PAR:AIR
27.6
26%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -20.8 N/A N/A
FR
Safran SA
PAR:SAF
27
18%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
27.7
21%
1.3
US
Lockheed Martin Corp
NYSE:LMT
19.5
11%
1.8
US
General Dynamics Corp
NYSE:GD
18.6
10%
1.9
US
Northrop Grumman Corp
NYSE:NOC
22.5
6%
3.7
US
Howmet Aerospace Inc
NYSE:HWM
40.9
18%
2.3

See Also

Summary
RHM intrinsic value, competitors valuation, and company profile.
DCF Valuation
RHM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
RHM stock valuation using valuation multiples.
Wall Street Estimates
RHM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
RHM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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