Estimating The Fair Value Of Woodward, Inc. (NASDAQ:WWD)
Jun 17
U.S. Aerospace and Defense Industry Analysis
UpdatedJun 18, 2024
DataAggregated Company Financials
Companies73
- 7D-0.9%
- 3M2.1%
- 1Y20.8%
- YTDn/a
Over the last 7 days, the Aerospace and Defense industry has dropped 2.5%, driven by a pullback from Boeing of 6.2%. Over the past 12 months, the industry was up 19%. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the U.S. Aerospace and Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 18 Jun 2024 | US$787.2b | US$381.1b | US$23.9b | 32.3x | 33x | 2.1x |
| Thu, 16 May 2024 | US$805.9b | US$380.8b | US$23.8b | 30.7x | 33.8x | 2.1x |
| Sat, 13 Apr 2024 | US$773.4b | US$371.9b | US$27.6b | 30.2x | 28x | 2.1x |
| Mon, 11 Mar 2024 | US$584.4b | US$303.9b | US$18.7b | 31.4x | 31.3x | 1.9x |
| Wed, 07 Feb 2024 | US$563.3b | US$302.9b | US$18.4b | 29.5x | 30.6x | 1.9x |
| Fri, 05 Jan 2024 | US$577.5b | US$302.1b | US$20.9b | 27.3x | 27.6x | 1.9x |
| Sun, 03 Dec 2023 | US$567.2b | US$301.6b | US$20.9b | 28.1x | 27.2x | 1.9x |
| Tue, 31 Oct 2023 | US$535.5b | US$300.4b | US$20.6b | 25.5x | 25.9x | 1.8x |
| Thu, 28 Sep 2023 | US$519.2b | US$306.0b | US$22.5b | 26.3x | 23x | 1.7x |
| Sat, 26 Aug 2023 | US$551.1b | US$305.7b | US$22.8b | 25.4x | 24.2x | 1.8x |
| Mon, 24 Jul 2023 | US$574.6b | US$299.3b | US$23.0b | 26.8x | 25x | 1.9x |
| Wed, 21 Jun 2023 | US$573.1b | US$297.4b | US$21.9b | 25.1x | 26.2x | 1.9x |
| Fri, 19 May 2023 | US$563.4b | US$300.1b | US$21.8b | 23.5x | 25.8x | 1.9x |
| Sun, 16 Apr 2023 | US$588.7b | US$294.7b | US$21.8b | 24.3x | 27x | 2x |
| Tue, 14 Mar 2023 | US$571.0b | US$294.6b | US$21.7b | 23.5x | 26.4x | 1.9x |
| Thu, 09 Feb 2023 | US$579.2b | US$292.0b | US$22.2b | 24.9x | 26.1x | 2x |
| Sat, 07 Jan 2023 | US$598.9b | US$287.1b | US$22.2b | 24.9x | 27x | 2.1x |
| Mon, 05 Dec 2022 | US$614.6b | US$286.9b | US$22.4b | 32.8x | 27.4x | 2.1x |
| Wed, 02 Nov 2022 | US$595.5b | US$282.9b | US$22.0b | 29.4x | 27.1x | 2.1x |
| Fri, 30 Sep 2022 | US$511.0b | US$280.6b | US$21.7b | 23.3x | 23.6x | 1.8x |
| Sun, 28 Aug 2022 | US$562.1b | US$280.5b | US$21.6b | 24.3x | 26x | 2x |
| Tue, 26 Jul 2022 | US$543.5b | US$284.1b | US$21.0b | 19.9x | 25.8x | 1.9x |
| Thu, 23 Jun 2022 | US$538.2b | US$284.8b | US$22.4b | 18.3x | 24x | 1.9x |
| Sat, 21 May 2022 | US$538.7b | US$284.7b | US$22.5b | 19.3x | 23.9x | 1.9x |
| Mon, 18 Apr 2022 | US$608.7b | US$285.3b | US$22.5b | 22.6x | 27.1x | 2.1x |
| Wed, 16 Mar 2022 | US$581.8b | US$288.2b | US$22.8b | 21.3x | 25.5x | 2x |
| Fri, 11 Feb 2022 | US$539.2b | US$287.5b | US$22.5b | 20.7x | 24x | 1.9x |
| Sun, 09 Jan 2022 | US$533.1b | US$286.0b | US$18.7b | 19.1x | 28.5x | 1.9x |
| Tue, 07 Dec 2021 | US$501.8b | US$285.9b | US$18.8b | 18.3x | 26.7x | 1.8x |
| Thu, 04 Nov 2021 | US$517.1b | US$285.3b | US$19.0b | 22.8x | 27.2x | 1.8x |
| Sat, 02 Oct 2021 | US$521.4b | US$284.5b | US$19.8b | 19.6x | 26.4x | 1.8x |
| Mon, 30 Aug 2021 | US$517.9b | US$284.5b | US$20.1b | 20.2x | 25.8x | 1.8x |
| Tue, 06 Jul 2021 | US$523.5b | US$282.8b | US$19.6b | 22.6x | 26.7x | 1.9x |
Price to Earnings Ratio
26.7x
Current Industry PE
- Investors are optimistic on the American Aerospace and Defense industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.0x which is higher than its 3-year average PE of 26.7x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Aerospace and Defense industry have grown 6.7% per year over the last three years.
- Revenues for these companies have grown 10% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Aerospace and Defense compare with similar industries?
| US Market | 1.61% | |
| Industrials | -0.16% | |
| Aerospace & Defense | -0.93% | |
| Aerospace and Defense | -0.93% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AXON Axon Enterprise | US$297.17 | 4.1% +US$888.2m | 46.9% | PE85.5x | |
| TDG TransDigm Group | US$1.32k | 1.0% +US$723.0m | 61.7% | PE50.9x | |
| HEI HEICO | US$227.96 | 1.4% +US$450.1m | 37.4% | PE71.2x | |
| GE General Electric | US$163.23 | 0.2% +US$426.9m | 53.6% | PE42.6x | |
| AVAV AeroVironment | US$215.11 | 5.0% +US$285.7m | 129.1% | PS8.5x |
