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NOC - Northrop Grumman Cor...

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Northrop Grumman Corporation

NOC

NYSE

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.

482.62 USD

-1.75 (-0.363%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

36.8B

35.67B

36.6B

39.29B

41.03B

42.19B

43.39B

44.62B

45.88B

47.18B

Revenue %

-

-3.08

2.62

7.34

4.44

2.83

2.83

2.83

2.83

Ebitda

5.59B

8.73B

7.68B

4.23B

7.01B

7.47B

7.68B

7.9B

8.12B

8.35B

Ebitda %

15.19

24.49

20.99

10.76

17.08

17.7

17.7

17.7

17.7

Ebit

4.32B

7.5B

6.34B

2.89B

5.64B

6.01B

6.18B

6.35B

6.53B

6.72B

Ebit %

11.74

21.01

17.33

7.36

13.74

14.24

14.24

14.24

14.24

Depreciation

1.27B

1.24B

1.34B

1.34B

1.37B

1.46B

1.5B

1.55B

1.59B

1.64B

Depreciation %

3.44

3.47

3.67

3.41

3.34

3.47

3.47

3.47

3.47

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

4.91B

3.53B

2.58B

3.11B

4.35B

4.12B

4.23B

4.35B

4.48B

4.6B

Total Cash %

13.33

9.9

7.04

7.91

10.61

9.76

9.76

9.76

9.76

Receivables

6.64B

6.96B

7.49B

7.15B

7.18B

7.91B

8.13B

8.36B

8.6B

8.84B

Receivables %

18.05

19.51

20.47

18.19

17.5

18.74

18.74

18.74

18.74

Inventories

759M

811M

978M

1.11B

-

829.63M

853.12M

877.27M

902.11M

927.66M

Inventories %

2.06

2.27

2.67

2.82

-

1.97

1.97

1.97

1.97

Payable

1.81B

2.2B

2.59B

2.11B

2.6B

2.52B

2.59B

2.66B

2.74B

2.82B

Payable %

4.91

6.16

7.07

5.37

6.33

5.97

5.97

5.97

5.97

Cap Ex

-1.42B

-1.42B

-1.44B

-1.77B

-1.77B

-1.74B

-1.79B

-1.84B

-1.89B

-1.94B

Cap Ex %

-3.86

-3.97

-3.92

-4.52

-4.31

-4.11

-4.11

-4.11

-4.11

Weighted Average Cost Of Capital

Price

482.62

Beta

Diluted Shares Outstanding

147.3M

Costof Debt

4

Tax Rate

After Tax Cost Of Debt

3.33

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

16.49B

Total Equity

71.09B

Total Capital

87.58B

Debt Weighting

18.83

Equity Weighting

81.17

Wacc

4.64

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

36.8B

35.67B

36.6B

39.29B

41.03B

42.19B

43.39B

44.62B

45.88B

47.18B

Ebitda

5.59B

8.73B

7.68B

4.23B

7.01B

7.47B

7.68B

7.9B

8.12B

8.35B

Ebit

4.32B

7.5B

6.34B

2.89B

5.64B

6.01B

6.18B

6.35B

6.53B

6.72B

Tax Rate

16.79

16.79

16.79

16.79

16.79

16.79

16.79

16.79

16.79

16.79

Ebiat

3.7B

5.87B

5.32B

2.53B

4.69B

5.03B

5.17B

5.32B

5.47B

5.62B

Depreciation

1.27B

1.24B

1.34B

1.34B

1.37B

1.46B

1.5B

1.55B

1.59B

1.64B

Receivables

6.64B

6.96B

7.49B

7.15B

7.18B

7.91B

8.13B

8.36B

8.6B

8.84B

Inventories

759M

811M

978M

1.11B

-

829.63M

853.12M

877.27M

902.11M

927.66M

Payable

1.81B

2.2B

2.59B

2.11B

2.6B

2.52B

2.59B

2.66B

2.74B

2.82B

Cap Ex

-1.42B

-1.42B

-1.44B

-1.77B

-1.77B

-1.74B

-1.79B

-1.84B

-1.89B

-1.94B

Ufcf

-2.05B

5.72B

4.92B

1.84B

5.86B

3.12B

4.71B

4.85B

4.99B

5.13B

Wacc

4.64

4.64

4.64

4.64

4.64

Pv Ufcf

2.98B

4.31B

4.23B

4.16B

4.09B

Sum Pv Ufcf

19.76B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

4.64

Free Cash Flow T1

5.23B

Terminal Value

197.78B

Present Terminal Value

157.62B

Intrinsic Value

Enterprise Value

177.38B

Net Debt

12.14B

Equity Value

165.24B

Diluted Shares Outstanding

147.3M

Equity Value Per Share

1.12k

Projected DCF

1121.81 0.57%

DCF Levered

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