Hexcel Corporation (HXL) Valuation — DCF, Graham & Comparables

Hexcel Corporation (HXL) — Price $81.83 (closing price, November 3, 2026) — Industrials — Aerospace & Defense — NYSE

Latest reported results:

Valuation dashboard for Hexcel Corporation (HXL) with P/E 36.70, P/B 4.68, EV/EBITDA 19.0 and dividend yield 0.88%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.

Hexcel Corporation, operating through its various subsidiaries, focuses on the innovation, production, and sale of advanced structural materials. These specialized materials are essential across the commercial aviation, space and defense, and broader industrial sectors. The company's operations are segmented into two primary divisions: Composite Materials and Engineered Products.

What would it be worth at its usual multiples?

Versus its usual multiples: fairly priced · Current P/E 36.7× · Multiples range: $57.65 · $74.53.

At the decade median (33.4×) $75 (-9 %); at its sector median (25.9×) $58 (-30 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Hexcel Corporation reported revenue of $1.89B in the most recent fiscal year, growing at a 5-year CAGR of 4.7%. Net income reached $109.4M, with a 28.1% 5-year CAGR.

Trailing-twelve-month margins: gross margin 24.8%, operating margin 12.2%, net margin 8.5%.

At $81.83 (closing price, November 3, 2026), HXL trades at a P/E of 36.70 and an ROE of 13.35%. Market capitalisation stands at $6.2B.

Balance sheet quality for HXL: debt-to-equity ratio of 0.71, current ratio of 2.57 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio36.70
Price / Book4.68
EV / EBITDA19.0
Dividend Yield0.88%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
HXLHexcel Corporation$6.2B36.704.6813.3%
HWMHowmet Aerospace Inc.$88.7B43.6615.4136.7%
TDGTransDigm Group Incorporated$66.8B36.65-22.3%
HEIHEICO Corporation$47.1B56.299.0818.3%
CWCurtiss-Wright Corporation$18.4B34.236.5320.7%
ATIATI Inc.$24.5B45.0812.2429.8%
MOG-AMoog Inc.$11.4B30.715.0618.0%
CSTMConstellium SE$3.1B5.622.3349.4%

Price

Price$81.83 (closing price, November 3, 2026)
Market Cap$6.2B
ExchangeNYSE
CountryUS

Profitability

Return on Equity13.35%
Return on Invested Capital8.73%
Return on Assets6.28%
Gross Margin24.78%
Operating Margin12.20%
Net Margin8.53%

Related companies: HWM · TDG · HEI · CW · ATI · MOG-A · CSTM · MTRN

Explore sector: Industrials · Aerospace & Defense

More sections of HXL: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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