HONA · Intrinsic value
Is Honeywell Aerospace Inc. (HONA) overvalued or undervalued?
As of Oct 19, 2026, TickerWorth's valuation lenses put Honeywell Aerospace Inc. (HONA) at $61.69 – $198.60, too broad a range to say where the delayed market price of $164.99 sits in it, so we do not call it over- or undervalued. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from market data · Updated Oct 19, 2026 · How these pages are made
What is HONA worth?
- Fair-value range
- $61.69 – $198.60
- Market price
- $164.99
- Gap to fair value
- —
- Verdict
- Too wide to call
Reverse DCF: Today's price implies revenue growth of 20.4% a year for 5 years; our model assumes 4.7% a year on average over the same horizon.
What is HONA's TickerWorth Score?
Scores lower than almost every company we compare it with
Compared with Industrials companies in US
Its strongest point: a profitable, high-quality business. Its weakest: looks expensive on the numbers.
- Value · 33 of 100
Cheaper than 33% of Industrials companies in US
- Price vs worth · 29 of 100
- Quality · 55 of 100
More profitable than 55% of Industrials companies in US
- Financial health · 27 of 100
Financially stronger than 27% of Industrials companies in US
- Growth · 42 of 100
Growing faster than 42% of Industrials companies in US
- Momentum · 32 of 100
Outperformed 32% of Industrials companies in US over the past year
Confidence: Medium confidence · Scored
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Why HONA gets a range, not one number
At a recent price of $164.99, Honeywell Aerospace Inc. (HONA) sits inside a range too wide to call either way: our valuation lenses put the business somewhere between $61.69 and $198.60 per share. They disagree too widely for us to state a single fair value. We publish the range rather than a midpoint because a number that precise would claim more than the methods can support. This is an educational model, not a price target or a recommendation.
Read the full reasoning
The valuation discounts Honeywell Aerospace Inc.'s projected free cash flows at a weighted-average cost of capital (WACC) of 9.3%, with a long-run terminal growth rate of 2.5%. About 73% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 20.4% annual revenue growth for HONA. Our base case instead compounds to about 4.7% a year over the same forecast, so the market is pricing in materially faster growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, HONA's modeled DCF value ranges from about $34.53 to $120.34 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Honeywell Aerospace Inc. would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of HONA's intrinsic value. Figures update as new filings and prices come in.
Every input behind HONA's DCF
| Input | Value |
|---|---|
| Base-year revenueLive feed — totalRevenue (TTM) | $17,915,000,000 |
| Base EBIT marginComputed — trailing operatingMargins, held roughly flat | 14.7% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 5% → 5% → 5% → 4% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.2% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 1.10 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesLive feed — sharesOutstanding | 317M |
| Market priceLast known price · as of 2026-10-19 19:27 UTC | $164.99 |
Change HONA's assumptions
The discount-rate dial and the editable model
ProChange growth, margin and WACC yourself — Pro (7-day free trial, card required).
What does Honeywell Aerospace Inc. do?
What does it do?
Honeywell Aerospace Inc. manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. It operates in the Aerospace & Defense industry (Industrials sector), headquartered in United States. The company employs roughly 30,000 people.
How does it make money?
The business turns $17.9B in annual revenue into profit. Out of every $100 of sales, about $15 is left as operating profit (operating margin of 14.7%), after a 35% gross margin on the products/services it sells. After all costs, taxes and interest, 10.9% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks mixed: comfortably covers its short-term bills (1.5× current ratio), and is currently profitable.
Who at HONA filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| ARNOLD CRAIG | Director | Open-market buy | $998,400.00 | Form 4 for ARNOLD CRAIG (opens sec.gov in a new tab) | |
| Currier James E | Director, President and CEO | Shares withheld (tax) | $135,375.50 | Form 4 for Currier James E (opens sec.gov in a new tab) | |
| Arlak Karen Elizabeth | SVP and CHRO | Shares withheld (tax) | $32,490.12 | Form 4 for Arlak Karen Elizabeth (opens sec.gov in a new tab) | |
| Currier James E | Director, President and CEO | Option exercise | — | Form 4 for Currier James E (opens sec.gov in a new tab) | |
| Arlak Karen Elizabeth | SVP and CHRO | Option exercise | — | Form 4 for Arlak Karen Elizabeth (opens sec.gov in a new tab) | |
| Currier James E | Director, President and CEO | Option exercise | — | Form 4 for Currier James E (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is HONA's intrinsic value?
TickerWorth's valuation lenses put Honeywell Aerospace Inc. (HONA) between $61.69 and $198.60 per share, versus a market price of $164.99. They disagree too widely for us to state a single fair value, so we publish the range.
Is HONA overvalued or undervalued?
At $164.99 the price sits inside a range too wide to call either way. We don't call HONA overvalued or undervalued from a range this wide. This is an educational estimate, not advice.
What discount rate is used for HONA?
A WACC of 9.3% and a terminal growth rate of 2.5%.
Is Honeywell Aerospace stock undervalued?
TickerWorth's fair-value range for Honeywell Aerospace Inc. (HONA) is $61.69 – $198.60 against a market price of $164.99. Too wide to call. We publish a range here, not one number, so we do not call it over- or undervalued. This is a model estimate, not investment advice.
Honeywell Aerospace (HONA) DCF valuation and fair value
Our fair-value range for Honeywell Aerospace Inc. (HONA) is $61.69 – $198.60, built on a 9.3% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Honeywell Aerospace stock?
Today's price implies revenue growth of 20.4% a year for 5 years; our model assumes 4.7% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $164.99. A model estimate, not investment advice.
Honeywell Aerospace (HONA) insider trading
The most recent insider filing (SEC Form 4) for Honeywell Aerospace Inc. (HONA): ARNOLD CRAIG, Director, open-market buy on 2026-09-01. The latest filings are listed on this page. A disclosure, not a signal to trade.
Other ways into the coverage
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.