L3harris

L3harris Technologies Inc (LHX) (Q1FY22) Equity Report

Highlights of the report

L3harris Technologies ended the first quarter with cash and short term investments of $402mn, a decrease of 58.8% Y/Y from $976mn in the previous year period. The decrease was primarily due to higher working capital requirements. L3Harris technologies also has a senior unsecured $2bn revolving credit facility that will expire in June 2024 (all of which was available as of April 1, 2022).  

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L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide.

Q1FY22 Revenue was ¥50.43bn for Q1FY22, which increased by 13% compared to ¥44.6mn in Q1FY21 Operating income was ¥11.1bn for Q1FY22, lower compared to ¥12.14bn in Q1FY21.

The stock declined after touching the high of ¥7310 in Sep 2018, since then the stock was on a down trend until
Jun 2019. The stock was close to the target mean during Oct 2019 to early Feb 2020 and further declined due to negative covid effects on equity market.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

L3harris Technologies Inc (LHX) (Q1FY22) Equity Report

Price

$264.00

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