Lockheed Martin CorporationOpportunity Rank #165(LMT) Intrinsic Value & DCF Analysis (2026)
Current Price
$616.25
Last updated: Mar 24, 2026
Price vs Intrinsic Value
Fundamental Score
Weighted across 6 signals
Narrative Score
+1 vs previous
The intrinsic value of Lockheed Martin Corporation (LMT) is estimated at $702.85 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $616.25, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 3.69% long-term growth rate and an 8.50% discount rate (calculated: 7.40%), reflecting expected future free cash flow and cost of capital.
The intrinsic value of Lockheed Martin Corporation (LMT) is estimated at $702.85 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $616.25, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 3.69% long-term growth rate and an 8.50% discount rate (calculated: 7.40%), reflecting expected future free cash flow and cost of capital.Valuation Details
Capital Efficiency
The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.
Fundamental Details
Narrative Details
Investment Coach
- Monitor whether valuation discount remains above 10%.
- Track ROIC vs WACC spread for sustained improvement.
- Follow narrative trend for meaningful shifts in the score direction.
Free Cash Flow (in millions)
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.