Using the industry peer median P/E multiple (trailing + forward), TransDigm Group Incorporated (TDG) has a fair value of $1,230.14 based on 9 comparable companies in the Aerospace & Defense industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| TransDigm Group IncorporatedTDG | 67,225 | 36.0x | 29.7x |
| Northrop Grumman CorporationNOC | 98,495 | 23.9x | 24.8x |
| Vertiv Holdings CoVRT | 97,362 | 74.6x | 41.9x |
| General Dynamics CorporationGD | 96,280 | 23.0x | 21.8x |
| Quanta Services, Inc.PWR | 82,398 | 81.0x | 42.2x |
| Johnson Controls International plcJCI | 80,618 | 50.1x | 27.8x |
| Illinois Tool Works Inc.ITW | 75,379 | 24.9x | 25.0x |
| Emerson Electric Co.EMR | 71,660 | 31.5x | 21.2x |
| Cintas CorporationCTAS | 68,181 | 38.7x | 34.9x |
| L3Harris Technologies, Inc.LHX | 65,431 | 41.0x | 30.2x |
| Industry Median | 38.7x | 27.8x | |
| (*) Profit after tax | 2,074 | 2,262 | |
| Equity Value | 80,339 | 62,849 | |
| (/) Outstanding shares | 58 | 58 | |
| Fair Price | $1380 | $1080 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.