Honeywell International Inc. (HON)

Honeywell International Inc., FCFE calculation

US$ in millions

	12 months ended	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	Net income attributable to Honeywell
	Net income attributable to the noncontrolling interest
	Net noncash charges
	Changes in assets and liabilities, net of the effects of acquisitions and divestitures
	Net cash provided by operating activities
	Expenditures for property, plant and equipment
	Proceeds from disposals of property, plant and equipment
	Proceeds from issuance of commercial paper and other short-term borrowings
	Payments of commercial paper and other short-term borrowings
	Proceeds from issuance of long-term debt
	Payments of long-term debt
	Free cash flow to equity (FCFE)

Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13).

Honeywell International Inc., current P/FCFE calculation, comparison to benchmarks

No. shares of common stock outstanding
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions)
FCFE per share
Current share price (P)
Valuation Ratio
P/FCFE
Benchmarks
P/FCFE, Competitors1
3M Co.
Danaher Corp.
General Electric Co.
P/FCFE, Sector
General Industrials
P/FCFE, Industry
Industrials

Based on: 10-K (filing date: 2019-02-08).

If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.

Honeywell International Inc., historical P/FCFE calculation, comparison to benchmarks

		Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	No. shares of common stock outstanding1
	Selected Financial Data (US$)
	Free cash flow to equity (FCFE) (in millions)2
	FCFE per share3
	Share price1, 4
	Valuation Ratio
	P/FCFE5
	Benchmarks
	P/FCFE, Competitors6
	3M Co.
	Danaher Corp.
	General Electric Co.
	P/FCFE, Sector
	General Industrials
	P/FCFE, Industry
	Industrials

Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13).