GDGeneral Dynamics
Is the price fair?
Undemanding: modest expectations priced in, cheap against its own history, and cheap vs its sector.
Priced for ~2% a year FCF growth. The price bakes in little to no growth.
Cheap vs its own history: P/E 11.0 vs a 13.7 median over 18 quarters (−20% vs median).
Sector median 23.3× across 246 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What GD's price assumes
Today's price asks for 2.1% free cash flow growth a year; over the last three years General Dynamics delivered 28%, less than the record.
Price / sales · no trailing P/E on file: measured against sales instead
- Free cash flow yield
- 6.6%
Free cash flow yield · Aerospace & Defense median 2.6%
- Growth the price implies
- +2.1%
Growth the price implies · The price pays for +2.1% free cash flow growth a year for a decade; the business has delivered +28% a year over the last three.
- Price / book
- 3.69
Price / book · today's price, fiscal year to Dec 31, 2025
Details›
- Price / booktoday's price, fiscal year to Dec 31, 2025
- 3.69
- EV / EBITtoday's price, fiscal year to Dec 31, 2025
- 18.7
- EV / salestoday's price, fiscal year to Dec 31, 2025
- 1.91
- Free cash flow, trailing twelve months
- $6.20B
- Market capitalisation
- $94.7B
- 3-year free cash flow growth
- +28%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Aerospace & Defense
The closest names by size in the same industry