Honeywell International Inc, the industrial conglomerate is slightly overvalued.
According to Wolfteam Ltd.'s corporate view Honeywell International's intrinsic worth is 105 billion USD compared to Honeywell International's current market capitalization of circa 125 billion USD.
For the last 5 years, the yearly revenues of Honeywell International have fallen by 12 % to 35.47 billion USD in 2022. In the last several quarters Honeywell International's revenue has been growing.
Honeywell International exhibits a healthy net profit margin of 15 % on average in the last five reported quarters. Honeywell International distributes a yearly dividend yield of 2.18 %, which is relatively substantive.
Honeywell International is a staid conglomerate that tends to preserve the investment notional with a good dividend. Actually, in the last 13 years Honeywell International's stock price has done really well more than quintupling the market value of Honeywell International.
That said, Honeywell International's capitalization seems to have gone too far ahead.
Wolfteam Ltd.'s view is that Honeywell International is overvalued by circa 20 % on Price/Earnings, Price/Sales and Price/Book ratios.
In addition to that, Honeywell International's dividend is not that large to justify in full the company's current market capitalization.
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