Hexcel (HXL) is trading around $82.81 after a 12% run up over the last month. The stock is showing mixed signals on valuation depending on which model you use. One analysis suggests a fair value of $76.86 based on profit growth projections, which would make it currently overvalued. Alternatively, a DCF model puts the value at $96.92, suggesting a 15% discount. The company is leaning on contract renewals to improve margins and pass through inflation costs, though legacy contracts are still a headwind.