NOC trades against a final fair-value range of $486.28-$966.07, with the midpoint set by the accepted valuation synthesis rather than earlier draft model outputs. Fair value range: low $486, high $966, with mid-point at $726.
Trades below fair value with a meaningful cushion to the midpoint.
Fair value
$726
Margin of safety
+23.1%
Confidence
88/100
Moat
9/10
Educational analysis only — not financial advice. Always do your own due diligence.
$558.30Price
Low $486.28
Mid $725.65
High $966.07
NOC trades against a final fair-value range of $486.28-$966.07, with the midpoint set by the accepted valuation synthesis rather than earlier draft model outputs.
NOC (NOC)'s balance sheet section reports total assets, total liabilities, shareholders' equity, and the structure of debt versus cash so leverage and liquidity can be read directly.
Balance-sheet quality is tracked through net-debt position, interest-coverage trends, and changes in working capital. Material deterioration is flagged in the numbers-analysis subsection together with the income-statement read.
We report total debt and net debt (debt minus cash) on each balance-sheet snapshot. The trajectory across five years lets the reader judge whether debt is being reduced, held steady, or stepped up to fund operations.
Shareholders' equity is reported alongside book-value-per-share metrics where applicable. Buyback-driven equity declines are separated from operating-loss-driven declines so the reader can interpret the change correctly.
FAQ
NOC — frequently asked questions
Based on our latest analysis, NOC looks meaningfully undervalued. The current price is $558 versus a composite fair-value midpoint of $726 (range $486–$966), which implies roughly 30.0% upside to the midpoint.
Our composite fair-value range for NOC is $486–$966, with a midpoint of $726. The range is triangulated across multiple valuation models (discounted earnings, forward earnings scenarios, peer multiples, and where applicable owner earnings or reverse DCF) and weighted by reliability for NOC's archetype.
Our current rating for NOC is Strong Buy with a confidence score of 88/100. NOC is rated Strong Buy at $558.30 versus the reconciled fair value midpoint of $725.65, implying +29.97% upside/downside. Confidence is separately disclosed at 88/100. This is research for educational purposes, not personalized investment advice.
The top risks our latest report flags for NOC are: Severe Budget Sequestration; B-21 Cost Overruns; Commercial Space Disruption. The single biggest risk is Severe Budget Sequestration: A deeply divided Congress enforces strict defense budget caps, halting modernization of the nuclear triad and capping space spending.
Our current rating for NOC is Strong Buy, issued with a confidence score of 88/100 and a moat score of 9/10. The rating reflects the composite fair-value range ($486–$966) versus the current price of $558.
NOC is classified as a mature compounder stock. Archetype determines how every downstream parameter — discount rate, terminal growth, deceleration curve, terminal multiple, scenario probability weights, scorecard weights, and which valuation models are prioritized — is calibrated for NOC.
