L3harris Technologies Stock Price To Earnings To Growth

LHX Stock

USD 211.84 0.72 0.34%

L3Harris Technologies fundamentals help investors to digest information that contributes to L3Harris Technologies' financial success or failures. It also enables traders to predict the movement of L3Harris Stock. The fundamental analysis module provides a way to measure L3Harris Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to L3Harris Technologies stock.

Short Long Term Debt Total Total Assets

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L3Harris Technologies Company Price To Earnings To Growth Analysis

L3Harris Technologies' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

PEG Ratio

PE Ratio

EPS Growth

More About Price To Earnings To Growth | All Equity Analysis

Current L3Harris Technologies Price To Earnings To Growth

0.31 X

Most of L3Harris Technologies' fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, L3Harris Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

L3Harris Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for L3Harris Technologies is extremely important. It helps to project a fair market value of L3Harris Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since L3Harris Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of L3Harris Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of L3Harris Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Property Plant Equipment	Long Term Debt	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.98	0.51	0.91	0.68	0.97	0.99	0.63	0.99	0.96	0.86	1.0	0.96	-0.77	0.87	0.88	0.15	0.87	0.62	0.59	0.85	0.8	0.55	0.86
Total Stockholder Equity	0.98		0.51	0.86	0.73	0.91	0.96	0.5	0.99	0.93	0.88	0.99	0.91	-0.7	0.79	0.85	0.22	0.81	0.54	0.5	0.81	0.8	0.62	0.83
Net Debt	0.51	0.51		0.32	0.8	0.49	0.47	0.46	0.56	0.5	0.59	0.53	0.36	-0.59	0.4	0.37	0.11	0.33	0.31	0.54	0.46	0.41	0.22	0.32
Retained Earnings	0.91	0.86	0.32		0.45	0.92	0.95	0.69	0.87	0.96	0.74	0.9	0.96	-0.65	0.88	0.9	-0.01	0.95	0.71	0.6	0.87	0.74	0.46	0.89
Net Receivables	0.68	0.73	0.8	0.45		0.59	0.61	0.25	0.75	0.58	0.71	0.7	0.51	-0.54	0.45	0.51	0.36	0.42	0.35	0.31	0.56	0.58	0.55	0.49
Total Liab	0.97	0.91	0.49	0.92	0.59		0.97	0.74	0.94	0.95	0.8	0.96	0.97	-0.8	0.91	0.88	0.07	0.9	0.68	0.68	0.84	0.75	0.44	0.85
Total Current Assets	0.99	0.96	0.47	0.95	0.61	0.97		0.67	0.97	0.98	0.83	0.98	0.98	-0.72	0.89	0.91	0.12	0.91	0.69	0.61	0.88	0.81	0.52	0.89
Short Term Debt	0.63	0.5	0.46	0.69	0.25	0.74	0.67		0.59	0.7	0.42	0.59	0.73	-0.49	0.61	0.57	-0.24	0.66	0.67	0.95	0.62	0.4	-0.13	0.54
Intangible Assets	0.99	0.99	0.56	0.87	0.75	0.94	0.97	0.59		0.93	0.87	0.99	0.93	-0.73	0.81	0.85	0.21	0.82	0.59	0.57	0.82	0.8	0.56	0.82
Accounts Payable	0.96	0.93	0.5	0.96	0.58	0.95	0.98	0.7	0.93		0.8	0.95	0.97	-0.76	0.91	0.93	0.04	0.95	0.71	0.64	0.91	0.8	0.51	0.91
Common Stock	0.86	0.88	0.59	0.74	0.71	0.8	0.83	0.42	0.87	0.8		0.88	0.75	-0.7	0.7	0.7	0.22	0.66	0.49	0.47	0.72	0.75	0.54	0.7
Good Will	1.0	0.99	0.53	0.9	0.7	0.96	0.98	0.59	0.99	0.95	0.88		0.94	-0.78	0.86	0.87	0.16	0.86	0.57	0.57	0.83	0.79	0.58	0.84
Current Deferred Revenue	0.96	0.91	0.36	0.96	0.51	0.97	0.98	0.73	0.93	0.97	0.75	0.94		-0.68	0.88	0.9	0.03	0.93	0.73	0.66	0.87	0.76	0.43	0.89
Net Tangible Assets	-0.77	-0.7	-0.59	-0.65	-0.54	-0.8	-0.72	-0.49	-0.73	-0.76	-0.7	-0.78	-0.68		-0.88	-0.76	-0.19	-0.75	-0.45	-0.44	-0.71	-0.67	-0.56	-0.71
Long Term Debt Total	0.87	0.79	0.4	0.88	0.45	0.91	0.89	0.61	0.81	0.91	0.7	0.86	0.88	-0.88		0.94	0.15	0.95	0.69	0.48	0.89	0.8	0.59	0.91
Capital Surpluse	0.88	0.85	0.37	0.9	0.51	0.88	0.91	0.57	0.85	0.93	0.7	0.87	0.9	-0.76	0.94		0.29	0.96	0.76	0.45	0.97	0.92	0.7	0.99
Deferred Long Term Liab	0.15	0.22	0.11	-0.01	0.36	0.07	0.12	-0.24	0.21	0.04	0.22	0.16	0.03	-0.19	0.15	0.29		0.04	0.08	-0.31	0.25	0.5	0.69	0.31
Property Plant Equipment	0.87	0.81	0.33	0.95	0.42	0.9	0.91	0.66	0.82	0.95	0.66	0.86	0.93	-0.75	0.95	0.96	0.04		0.78	0.54	0.93	0.81	0.54	0.95
Long Term Debt	0.62	0.54	0.31	0.71	0.35	0.68	0.69	0.67	0.59	0.71	0.49	0.57	0.73	-0.45	0.69	0.76	0.08	0.78		0.61	0.87	0.76	0.25	0.8
Short Long Term Debt	0.59	0.5	0.54	0.6	0.31	0.68	0.61	0.95	0.57	0.64	0.47	0.57	0.66	-0.44	0.48	0.45	-0.31	0.54	0.61		0.55	0.34	-0.22	0.43
Net Invested Capital	0.85	0.81	0.46	0.87	0.56	0.84	0.88	0.62	0.82	0.91	0.72	0.83	0.87	-0.71	0.89	0.97	0.25	0.93	0.87	0.55		0.93	0.61	0.98
Cash And Equivalents	0.8	0.8	0.41	0.74	0.58	0.75	0.81	0.4	0.8	0.8	0.75	0.79	0.76	-0.67	0.8	0.92	0.5	0.81	0.76	0.34	0.93		0.75	0.94
Net Working Capital	0.55	0.62	0.22	0.46	0.55	0.44	0.52	-0.13	0.56	0.51	0.54	0.58	0.43	-0.56	0.59	0.7	0.69	0.54	0.25	-0.22	0.61	0.75		0.69
Capital Stock	0.86	0.83	0.32	0.89	0.49	0.85	0.89	0.54	0.82	0.91	0.7	0.84	0.89	-0.71	0.91	0.99	0.31	0.95	0.8	0.43	0.98	0.94	0.69

Click cells to compare fundamentals

Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.

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L3Harris Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

1.18

At this time, L3Harris Technologies' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Based on the latest financial disclosure, L3Harris Technologies has a Price To Earnings To Growth of 0.3083 times. This is 76.82% lower than that of the Aerospace & Defense sector and 92.39% lower than that of the Industrials industry. The price to earnings to growth for all United States stocks is 93.7% higher than that of the company.

L3Harris Price To Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses L3Harris Technologies' direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of L3Harris Technologies could also be used in its relative valuation, which is a method of valuing L3Harris Technologies by comparing valuation metrics of similar companies.

L3Harris Technologies is currently under evaluation in price to earnings to growth category among its peers.

L3Harris Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, L3Harris Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to L3Harris Technologies' managers, analysts, and investors.

Environmental

Governance

Social

L3Harris Fundamentals

	Return On Equity	0.0787
	Return On Asset	0.0394
	Profit Margin	0.07 %
	Operating Margin	0.22 %
	Current Valuation	51.52 B
	Shares Outstanding	187.72 M
	Shares Owned By Insiders	0.33 %
	Shares Owned By Institutions	88.65 %
	Number Of Shares Shorted	3.12 M
	Price To Earning	39.56 X
	Price To Book	2.04 X
	Price To Sales	1.87 X
	Revenue	21.32 B
	Gross Profit	5.52 B
	EBITDA	3.56 B
	Net Income	1.51 B
	Cash And Equivalents	941 M
	Cash Per Share	2.78 X
	Total Debt	1.16 B
	Debt To Equity	0.42 %
	Current Ratio	1.10 X
	Book Value Per Share	102.82 X
	Cash Flow From Operations	2.56 B
	Short Ratio	2.10 X
	Earnings Per Share	7.86 X
	Price To Earnings To Growth	0.31 X
	Target Price	257.58
	Number Of Employees	47 K
	Beta	0.74
	Market Capitalization	39.9 B
	Total Asset	42 B
	Retained Earnings	3.74 B
	Working Capital	585 M
	Current Asset	2.33 B
	Current Liabilities	1.46 B
	Annual Yield	0.02 %
	Five Year Return	1.65 %
	Net Asset	42 B
	Last Dividend Paid	4.64

About L3Harris Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze L3Harris Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of L3Harris Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of L3Harris Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.

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