LMT

$609.18

Public overview and default valuation.

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Valuation Details
Default assumptions: 10Y forecast, 9% market return, 2.5% terminal growth, 3.89% trendline growth.
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$1,622.73

With 20% Margin of Safety (MoS):

$1,298.18
113.10% upside
Capital Efficiency
Average Quarterly ROIC
5.98%
Cost of Capital (estimated)11%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.
Fundamental Score
59
NeutralWeighted across 6 signals
DCF Discount
113.1% discount to price
100
FCF Yield
7.2% trailing FCF yield
100
ROIC vs WACC
ROIC 6.0% vs WACC 11.0% (0.5x)
27
Net Debt / FCF
1.7x net debt to FCF
38
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
0.5% 5Y FCF CAGR
25
Strengths: DCF Discount, FCF Yield. Concerns: ROIC vs WACC, Net Debt / FCF.
Narrative Score
80
Strong
Weighted across 6 recent drivers · Last 30 daysVs 6-Month Baseline: High (91th pct)
Trend: Improving upConfidence: 100%Updated: 2h ago
Sources: 212 (News 200 · Analyst 12)
Drivers
129 news sentiment+3.5
64 regulatory scrutiny+1.1
3 upgrade headlines+0.4
Earnings miss+0.3
2 earnings beat+0.2
Analyst upgrades+0.0
Other Metrics
P/E28.0
Profit Margin6.7%
Owner Earnings$8.35b
One Dollar Premise62.00%
Debt/Equity8.46
Current Ratio1.07
PEG1.403
Free Cash Flow (in millions)
20062007200820092010201120122013201420152016201720182019202020212022202320242025
$4,676$5,181$5,347$4,025$4,367$5,240$2,503$5,382$4,711$6,040$6,252$7,653$4,416$8,795$9,949$10,743$9,472$9,611$8,657$10,206
How Intrinziq Estimates Fair Value

Intrinziq estimates Lockheed Martin Corporation's intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Lockheed Martin CorporationIndustrials

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

Last updated: Feb 06, 2026
Data sources: Financial Modeling Prep
This valuation is based on assumptions and publicly available data. It is not financial advice or a recommendation to buy or sell any security. Always do your own research before making investment decisions.