Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble...to give way to hope, fear and greed Benjamin GRAHAM	Donate with Paypal
- U.S.A. - Canada - U.K. - France - Germany - Japan - Hong-Kong	Honeywell Intl - - DOW JONES 30 - Aerospace & Defense Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company, serving customers globally with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, MARGIN OF SAFETY of Honeywell Intl : 159.74 % The Margin of Safety of Honeywell Intl is OK (>50%). How is the Margin of Safety calculated ? QUALITY : Conservative Investors : Enterprising Investors : What are the Stars ? FORUMS VISIT Honeywell Intl FORUM ! Alerts : no buy or sell alert What are the alerts ? Price over 1 year : PRICE, INTRINSIC VALUE & MARGIN OF SAFETY based on GRAHAM's FORMULA What is the Graham's Formula ? Honeywell Intl price is : (as of 5/21/2009) USD Current Earnings per Share (2009 est.) are : USD Estimated Long Term Growth (% per Year) is : % INTRINSIC VALUE = 2.85 x (8.5 + 2 x 10.25) = 82.65 USD MARGIN OF SAFETY = (82.65 - 31.82 ) / 31.82 = 159.74 % (OK) How is Long Term Growth estimated for Honeywell Intl ? Historical analysis for Honeywell Intl - See detail QUALITATIVE FILTERS FOR Honeywell Intl What are the Stars ? DEFENSIVE ENTERPRISING COMPANY SIZE (MKT CAP. Mls $) Very Large 23,878 mls.$ OK The company's Market cap. is above 5000 millions dollars - FINANCIAL CONDITION Current Ratio 1.08 The current ratio is under 2 The current ratio is under 1.5 LT Debt/Net Curr. Assets 6.02 The LTdebt/current assets ratio is above 1 The LTdebt/current assets ratio is above 1.1 EARNINGS STABILITY Losses / 10 - 5 Years 2 / 0 Some losses in the past ten years No losses in the past five years DIVIDENDS Years of Dividends 15 15 years of dividend in the past 15 years Current dividends paid EARNINGS GROWTH Growth 10-5 Years 35% / 83%% Total Earnings growth above 33% for the past 10 years Last year earnings above earnings 5 years ago VALUATION P.E. x P/Book 37.21 P.E. x P/Book is above 22.5 P/Book is above 1.20 P.E. 11.2 OK PE is under 15 - P/Book 3.32 NO P/Book is above 1.5 NO P/Book is above 1.2 Honeywell Intl - Competitors for Aerospace & Defense   STOCK QUALITY Conservative Investors MARGIN OF SAFETY Long Term Growth Price / Earnings   BAE Systems - U.K. FTSE 100 Aerospace & Defense MARGIN OF SAFETY : 432.38 % Long Term Growth : 18.52 % Price / Earnings : 8.6 x 364.75 / 42.64 = EADS - France CAC 40 Aerospace & Defense MARGIN OF SAFETY : 308.01 % Long Term Growth : 12.91 % Price / Earnings : 8.4 x 11.02 / 1.31 = Raytheon - U.S.A. 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SP 500 Aerospace & Defense MARGIN OF SAFETY : 220.38 % Long Term Growth : 11.41 % Price / Earnings : 9.8 x 71.37 / 7.30 = Embraer - Brazil Bovespa Aerospace & Defense MARGIN OF SAFETY : 196.18 % Long Term Growth : 4.25 % Price / Earnings : 5.7 x 9.13 / 1.59 = General Dynamics - U.S.A. SP 500 Aerospace & Defense MARGIN OF SAFETY : 192.75 % Long Term Growth : 9.01 % Price / Earnings : 9.1 x 55.7 / 6.15 = Goodrich - U.S.A. SP 500 Aerospace & Defense MARGIN OF SAFETY : 183.31 % Long Term Growth : 9.38 % Price / Earnings : 9.6 x 44.75 / 4.65 = Rockwell Collins - U.S.A. SP 500 Aerospace & Defense MARGIN OF SAFETY : 178.35 % Long Term Growth : 10.17 % Price / Earnings : 10.4 x 39.78 / 3.84 = Honeywell Intl - U.S.A. DOW JONES 30 Aerospace & Defense MARGIN OF SAFETY : 159.73 % Long Term Growth : 10.25 % Price / Earnings : 11.2 x 31.82 / 2.85 = Boeing - U.S.A. 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Aerospace & Defense MARGIN OF SAFETY : 25.71 % Long Term Growth : 2.73 % Price / Earnings : 11.1 x 7.11 / 0.64 = St Engrg - Singapore Strait-Times Aerospace & Defense MARGIN OF SAFETY : 6.73 % Long Term Growth : 4.31 % Price / Earnings : 15.9 x 2.39 / 0.15 = Bombardier - Canada TSE60 Aerospace & Defense MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 9.3 x 3.81 / 0.41 = Latecoere - France Mid&Small 190 Aerospace & Defense MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : -2.6 x 4.57 / -1.75 = Allen Vang - Canada SP/TSX Comp. Aerospace & Defense MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 0.9 x 0.14 / 0.15 =