L3Harris Enterprise Value over EBIT Trend from 2010 to 2022

LHX
 Stock
  

USD 236.77  3.22  1.38%   

L3Harris Technologies Enterprise Value over EBIT yearly trend continues to be fairly stable with very little volatility. Enterprise Value over EBIT is likely to outpace its year average in 2022. During the period from 2010 to 2022, L3Harris Technologies Enterprise Value over EBIT regression line of anual values had r-squared of 0.29 and arithmetic mean of  27.94.
  
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Check L3Harris Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among L3Harris main balance sheet or income statement drivers, such as Direct Expenses of 13.4 B, Consolidated Income of 2 B or Cost of Revenue of 13.4 B, as well as many exotic indicators such as Interest Coverage of 8.03, Long Term Debt to Equity of 0.38 or Calculated Tax Rate of 25.63. L3Harris financial statements analysis is a perfect complement when working with L3Harris Technologies Valuation or Volatility modules. It can also supplement various L3Harris Technologies Technical models. Additionally, see the analysis of L3Harris Technologies Correlation against competitors.

L3Harris Technologies Quarterly Enterprise Value over EBIT

22.0

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About L3Harris Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include L3Harris Technologies income statement, its balance sheet, and the statement of cash flows. L3Harris Technologies investors use historical funamental indicators, such as L3Harris Technologies's Enterprise Value over EBIT, to determine how well the company is positioned to perform in the future. Although L3Harris Technologies investors may use each financial statement separately, they are all related. The changes in L3Harris Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on L3Harris Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on L3Harris Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in L3Harris Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Enterprise Value over EBIT 19.00  25.26 
Enterprise Value over EBITDA 13.81  14.52 
Enterprise Value48.6 B52.4 B
Tangible Asset Value9.9 BB
Earnings Before Interest Taxes and Depreciation Amortization EBITDA3.5 B3.8 B
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida. L3Harris Technologies operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 47000 people.

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Additionally, see the analysis of L3Harris Technologies Correlation against competitors. Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is L3Harris Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of L3Harris Technologies. If investors know L3Harris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about L3Harris Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.087
Market Capitalization
45 B
Quarterly Revenue Growth YOY
-0.1
Return On Assets
0.046
Return On Equity
0.0929
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine L3Harris Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.