DefenseTechHomeland SecurityDetectors, Sensors and MemsGovTechSpaceTechCommercialInformation TechnologyNational Security
Description
L3Harris Technologies, Inc. delivers end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.
The company supports customers in more than 100 countries, with its largest customers b…
Analysis
Bargain bin
L3Harris Technologies, Inc. is priced cheaply, and that invites the natural question of why, since the underlying business scores below average.
On valuation, the picture is fair. The owner-earnings multiple stands at 23.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 8% a year, against analyst forecasts of 18%. The price, in other words, assumes less than the experts do.
Growth is tepid; the safety picture is stretched. The company scores 8/20 on our value-creation score: creating some value.
Flags to be aware of: The financial cushion is thinner than comfortable. A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202378
92
2023202420252026
All-time high
96
Mar 2026
All-time low
11
Jan 2025
Average rank
62
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
59
63
53
48
Price/Earnings
52
75
86
79
Price/Book
64
78
69
67
Dividend Yield
93
94
92
91
Value (overall)
86
94
98
100
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.