Financial statements analysis and stock valuation

Price to FCFE (P/FCFE)

Free cash flow to equity is the cash flow available to Honeywell International Inc.’s equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made.

• Free Cash Flow to Equity (FCFE)
• P to FCFE Ratio, Current
• P to FCFE Ratio, Historical

Common-Size Income Statement
Quarterly Data

Income statement components (revenues and expenses) shown as percentage of total sales.

Return on Equity (ROE)
since 2005

Honeywell International Inc.’s profitability ratio calculated as net income divided by shareholders’ equity.

• Calculation
• Comparison to Competitors
• Comparison to General Industrials Sector
• Comparison to Industrials Industry

Statement of Financial Position, Liabilities and Stockholders’ Equity

The liabilities and stockholders’ equity reports major classes and amounts of external claims on assets and owners’ capital contributions, and other internally generated sources of capital.

Short-term (Operating) Activity Analysis
Quarterly Data

Evaluates revenues and output generated by the Honeywell International Inc.’s assets. Operating performance ratios describe the relationship between the Honeywell International Inc.’s level of operations and the assets needed to sustain operating activities.

• Ratios (Summary)
• Inventory Turnover
• Receivables Turnover
• Payables Turnover
• Working Capital Turnover
• Average Inventory Processing Period
• Average Receivable Collection Period
• Operating Cycle
• Average Payables Payment Period
• Cash Conversion Cycle

Present Value of Free Cash Flow to the Firm (FCFF)

The FCFF valuation approach estimates the value of the firm as the present value of future FCFF discounted at the weighted average cost of capital (WACC).

• Intrinsic Stock Value (Valuation Summary)
• Weighted Average Cost of Capital (WACC)
• FCFF Growth Rate (g)