COMPARE · Data as of August 21, 2026
HWM vs KRMN
Verdict: Side-by-side breakdown using the Bull Rankings model. HWM scored 66.8, KRMN scored 33.1 — HWM leads.
Compare another set
HWM
Howmet Aerospace Inc.
66.8
$271.68 · $108.3B
fundamentals as of
Score gap
33.7
HWM leads
KRMN
Karman Holdings Inc.
33.1
$53.40 · $7.1B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- Fastest growthKRMN+50.2%
- Strongest balance sheetHWM0.81
- Highest qualityHWM85 / 100
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
HWM
stronger →← stronger
KRMN
85
Qualityreturns · margins · balance sheet
51
86
Growthrevenue & earnings expansion
96
41
Valuevaluation vs sector peers
7
HWM is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
HWM
KRMN
$1.8bC+
FCF
-$28mF
+18.1%B+
Rev
+50.2%A
0.81B
D/E
2.08D
58.4xD
P/E
—
0.80A-
PEG
—
—
P/S
12.0xD
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
HWM
KRMN
233% above
Price vs fair valuelower is cheaper
—
~45%/yr
Growth the price implies10-yr FCF · lower = less priced in
—
-76%
1-yr DCF upside
—
-70%
5-yr DCF upside
—
-59%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
HWM
Why this score
- Durable high returns
KRMN
Why this score
- Short track record
The companies
HWMHowmet Aerospace Inc.
Why now
Aerospace & Defense · market cap $108.3b. 12% off the 52-week high of $310.00. Revenue growing +18%, comfortably above the S&P median. PEG 0.80 — paying under fair value for the growth rate. 20 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $336.63 (implying +24% upside).
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 33% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 96% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Trailing P/E 58.4x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. P/S 11.9x embeds aggressive forward growth — disappointing top-line guidance would compress the multiple hard.
KRMNKarman Holdings Inc.
Why now
Aerospace & Defense · market cap $7.1b. Down 55% from 52-week high of $118.38 — deep drawdown territory. Revenue growing +50% — in hypergrowth territory. 10 sell-side analysts rate this a Buy with a mean 1-yr target of $87.10 (implying +63% upside).
Moat
Higher-variance name — the moat signals on the quantitative card are modest, so the durability case rests on execution (turning current growth into durable earnings power) or an un-monetized asset (IP / network effects / first-mover position) rather than an entrenched competitive position.
Risk
D/E 2.08 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Free cash flow is negative (-$28m) — capital raises or debt issuance likely required; dilution / leverage risk. Trailing P/E 197.8x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where HWM and KRMN diverge
On the headline score the gap is 33.7 points in favor of HWM. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- QualityHWM 84.6 · KRMN 51.0HWM +33.6
- ValueHWM 40.7 · KRMN 7.4HWM +33.3
- GrowthHWM 86.4 · KRMN 96.1KRMN +9.7
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.