NATIONAL PRESTO INDS INC (NPK)
US6372151042 - Common Stock
Taking everything into account, NPK scores 6 out of 10 in our fundamental rating. NPK was compared to 65 industry peers in the Aerospace & Defense industry. NPK is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. NPK has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year NPK was profitable.
In the past year NPK had a positive cash flow from operations.
Each year in the past 5 years NPK has been profitable.
NPK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NPK's Return On Assets of 7.84% is amongst the best of the industry. NPK outperforms 82.81% of its industry peers.
The Return On Equity of NPK (9.70%) is better than 68.75% of its industry peers.
The Return On Invested Capital of NPK (7.68%) is better than 71.88% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NPK is in line with the industry average of 8.69%.
The 3 year average ROIC (6.81%) for NPK is below the current ROIC(7.68%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.84% | ||
| ROE | 9.7% | ||
| ROIC | 7.68% |
ROA(3y)6.33%
ROA(5y)8.02%
ROE(3y)7.61%
ROE(5y)9.37%
ROIC(3y)6.81%
ROIC(5y)8.5%
1.3 Margins
Looking at the Profit Margin, with a value of 10.14%, NPK is in the better half of the industry, outperforming 78.13% of the companies in the same industry.
NPK's Profit Margin has declined in the last couple of years.
The Operating Margin of NPK (10.30%) is better than 75.00% of its industry peers.
In the last couple of years the Operating Margin of NPK has declined.
With a Gross Margin value of 19.79%, NPK perfoms like the industry average, outperforming 45.31% of the companies in the same industry.
In the last couple of years the Gross Margin of NPK has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.3% | ||
| PM (TTM) | 10.14% | ||
| GM | 19.79% |
OM growth 3Y-13.61%
OM growth 5Y-8%
PM growth 3Y-8.72%
PM growth 5Y-3.86%
GM growth 3Y-6.34%
GM growth 5Y-3.36%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NPK is destroying value.
NPK has less shares outstanding than it did 1 year ago.
NPK has more shares outstanding than it did 5 years ago.
NPK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 7.19 indicates that NPK is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.19, NPK belongs to the top of the industry, outperforming 92.19% of the companies in the same industry.
There is no outstanding debt for NPK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.19 |
ROIC/WACC0.84
WACC9.14%
2.3 Liquidity
A Current Ratio of 5.00 indicates that NPK has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 5.00, NPK belongs to the top of the industry, outperforming 95.31% of the companies in the same industry.
A Quick Ratio of 2.36 indicates that NPK has no problem at all paying its short term obligations.
NPK's Quick ratio of 2.36 is amongst the best of the industry. NPK outperforms 82.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5 | ||
| Quick Ratio | 2.36 |
3. Growth
3.1 Past
NPK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 66.45%, which is quite impressive.
The Earnings Per Share has been decreasing by -3.09% on average over the past years.
Looking at the last year, NPK shows a small growth in Revenue. The Revenue has grown by 5.98% in the last year.
The Revenue has been growing slightly by 1.07% on average over the past years.
EPS 1Y (TTM)66.45%
EPS 3Y-10.17%
EPS 5Y-3.09%
EPS growth Q2Q496.85%
Revenue 1Y (TTM)5.98%
Revenue growth 3Y-1.12%
Revenue growth 5Y1.07%
Revenue growth Q2Q-13.67%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.00, the valuation of NPK can be described as correct.
Based on the Price/Earnings ratio, NPK is valued cheaply inside the industry as 90.63% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NPK to the average of the S&P500 Index (28.39), we can say NPK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17 | ||
| Fwd PE | N/A |
4.2 Price Multiples
96.88% of the companies in the same industry are more expensive than NPK, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, NPK is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.5 | ||
| EV/EBITDA | 11.18 |
4.3 Compensation for Growth
NPK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
NPK has a Yearly Dividend Yield of 1.16%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.27, NPK pays a better dividend. On top of this NPK pays more dividend than 87.50% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, NPK's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
The dividend of NPK decreases each year by -7.77%.
NPK has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of NPK decreased recently.
Dividend Growth(5Y)-7.77%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
NPK pays out 82.13% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of NPK has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP82.13%
EPS Next 2YN/A
EPS Next 3YN/A
NATIONAL PRESTO INDS INC
NYSE:NPK (5/13/2024, 11:58:34 AM)
82.6
-1.71 (-2.03%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap588.11M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.84% | ||
| ROE | 9.7% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.3% | ||
| PM (TTM) | 10.14% | ||
| GM | 19.79% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5 | ||
| Quick Ratio | 2.36 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)66.45%
EPS 3Y-10.17%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.98%
Revenue growth 3Y-1.12%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y