At a P/E of 25.2 and a price-to-free-cash-flow of 16.7, L3Harris Technologies (LHX) trades above a two-stage DCF intrinsic value of about $237.44 per share, so at $249.66 the stock looks overvalued (4.9% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, L3Harris Technologies scores 54/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.0%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
What is L3Harris Technologies's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $237.44 per share for LHX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $178.08. At today's $249.66, that puts the stock about 4.9% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is L3Harris Technologies a high-quality business?+
L3Harris Technologies scores 54 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 11.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does L3Harris Technologies (LHX) pay a dividend, and how much?+
Yes, L3Harris Technologies pays a regular dividend of about $4.91 per share per year (typically in quarterly installments), a yield of roughly 2.0% at the current price. That is a payout ratio of about 49.1% of earnings, so the dividend is well covered. L3Harris Technologies has grown the dividend at roughly 2.5% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For LHX's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is L3Harris Technologies a good stock to buy right now?+
That depends on valuation and quality together, not either alone. LHX currently trades above its estimated intrinsic value and scores 54/100 on quality (mixed). It also yields about 2.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.