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Northrop Grumman NOC

$515.80
+$1.38 (+0.27%)
Market open · Sep 24, 1:10 pm ET
After hours $514.76 +0.07%
Open$514.85
Prev close$514.42
Day range$513.10 – $518.81
Volume183.5K
Market cap$73.28B
P/E (TTM)16.4
Dividend yield1.82%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings16.5x
CheapRich

Around its usual level · 50th percentile, 5-year average 17.6x

#1240 of 2977 stocks by PE (1 = cheapest)

Price / book4.1x
CheapRich

Near the bottom of its 5-year range · 16th percentile, 5-year average 4.2x

#4018 of 5304 stocks by PB (1 = cheapest)

Price / sales1.7x
CheapRich

Below its usual level · 28th percentile, 5-year average 1.6x

#2217 of 5143 stocks by PS (1 = cheapest)

P/E over five years

-3x11x25x38xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$630.00
Price vs. fair value-18.1%Trading below the estimate
Star rating★★★★☆
Economic moatWide
UncertaintyMedium
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 4.12 4.19 16% (cheaper than usual) #4018 of 5304 (1 = cheapest)
PE 16.50 17.63 50% (pricier than usual) #1240 of 2977 (1 = cheapest)
PS 1.72 1.62 28% (cheaper than usual) #2217 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★★
Fair value estimate$630.00
Economic moatWide
UncertaintyMedium
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