PARK AEROSPACE CORP (PKE) Stock Fundamental Analysis
USA - NYSE:PKE - US70014A1043 - Common Stock
19.44 USD
-0.09 (-0.46%)
19.3 USD
-0.14 (-0.72%)
We assign a fundamental rating of 5 out of 10 to PKE. PKE was compared to 71 industry peers in the Aerospace & Defense industry. PKE is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. PKE does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year PKE was profitable.
PKE had a positive operating cash flow in the past year.
In the past 5 years PKE has always been profitable.
Each year in the past 5 years PKE had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.27%, PKE is in the better half of the industry, outperforming 73.24% of the companies in the same industry.
With a Return On Equity value of 6.91%, PKE perfoms like the industry average, outperforming 57.75% of the companies in the same industry.
PKE has a Return On Invested Capital (6.29%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for PKE is below the industry average of 8.48%.
The last Return On Invested Capital (6.29%) for PKE is above the 3 year average (5.35%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.27% | ||
| ROE | 6.91% | ||
| ROIC | 6.29% |
ROA(3y)5.73%
ROA(5y)5.09%
ROE(3y)7.12%
ROE(5y)6.24%
ROIC(3y)5.35%
ROIC(5y)4.92%
1.3 Margins
PKE's Profit Margin of 11.57% is amongst the best of the industry. PKE outperforms 84.51% of its industry peers.
In the last couple of years the Profit Margin of PKE has declined.
The Operating Margin of PKE (15.78%) is better than 83.10% of its industry peers.
In the last couple of years the Operating Margin of PKE has declined.
PKE has a Gross Margin of 29.50%. This is in the better half of the industry: PKE outperforms 67.61% of its industry peers.
PKE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.78% | ||
| PM (TTM) | 11.57% | ||
| GM | 29.5% |
OM growth 3Y-11.4%
OM growth 5Y-3.21%
PM growth 3Y-15.64%
PM growth 5Y-9.93%
GM growth 3Y-5.25%
GM growth 5Y-1.81%
2. Health
2.1 Basic Checks
PKE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PKE has been reduced compared to 1 year ago.
Compared to 5 years ago, PKE has less shares outstanding
There is no outstanding debt for PKE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
PKE has an Altman-Z score of 22.93. This indicates that PKE is financially healthy and has little risk of bankruptcy at the moment.
PKE has a better Altman-Z score (22.93) than 98.59% of its industry peers.
There is no outstanding debt for PKE. 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 | 22.93 |
ROIC/WACC0.66
WACC9.57%
2.3 Liquidity
A Current Ratio of 17.57 indicates that PKE has no problem at all paying its short term obligations.
PKE has a better Current ratio (17.57) than 98.59% of its industry peers.
A Quick Ratio of 15.86 indicates that PKE has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 15.86, PKE belongs to the top of the industry, outperforming 98.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 17.57 | ||
| Quick Ratio | 15.86 |
3. Growth
3.1 Past
PKE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.67%, which is quite good.
The Earnings Per Share has been decreasing by -8.73% on average over the past years.
PKE shows a small growth in Revenue. In the last year, the Revenue has grown by 7.63%.
Measured over the past years, PKE shows a small growth in Revenue. The Revenue has been growing by 0.67% on average per year.
EPS 1Y (TTM)16.67%
EPS 3Y-10.91%
EPS 5Y-8.73%
EPS Q2Q%20%
Revenue 1Y (TTM)7.63%
Revenue growth 3Y5%
Revenue growth 5Y0.67%
Sales Q2Q%-1.97%
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 46.29, the valuation of PKE can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as PKE.
The average S&P500 Price/Earnings ratio is at 26.03. PKE is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.29 | ||
| Fwd PE | N/A |
4.2 Price Multiples
PKE's Enterprise Value to EBITDA is on the same level as the industry average.
PKE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 212.66 | ||
| EV/EBITDA | 25.03 |
4.3 Compensation for Growth
The decent profitability rating of PKE 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
With a Yearly Dividend Yield of 2.63%, PKE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.10, PKE pays a better dividend. On top of this PKE pays more dividend than 97.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, PKE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
5.2 History
The dividend of PKE decreases each year by -18.63%.
PKE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-18.63%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
136.51% of the earnings are spent on dividend by PKE. This is not a sustainable payout ratio.
The Dividend Rate of PKE has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP136.51%
EPS Next 2YN/A
EPS Next 3YN/A
19.44
-0.09 (-0.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners78.58%
Inst Owner Change2.09%
Ins Owners9.62%
Ins Owner Change0.44%
Market Cap387.05M
Revenue(TTM)63.13M
Net Income(TTM)7.31M
Analysts80
Price TargetN/A
Short Float %2.08%
Short Ratio2.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
Yearly Dividend0.5
Dividend Growth(5Y)-18.63%
DP136.51%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.29 | ||
| Fwd PE | N/A | ||
| P/S | 6.13 | ||
| P/FCF | 212.66 | ||
| P/OCF | 122.21 | ||
| P/B | 3.66 | ||
| P/tB | 4.03 | ||
| EV/EBITDA | 25.03 |
EPS(TTM)0.42
EY2.16%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.09
FCFY0.47%
OCF(TTM)0.16
OCFY0.82%
SpS3.17
BVpS5.31
TBVpS4.82
PEG (NY)N/A
PEG (5Y)N/A
Graham Number7.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.27% | ||
| ROE | 6.91% | ||
| ROCE | 8.92% | ||
| ROIC | 6.29% | ||
| ROICexc | 14.01% | ||
| ROICexgc | 17.4% | ||
| OM | 15.78% | ||
| PM (TTM) | 11.57% | ||
| GM | 29.5% | ||
| FCFM | 2.88% |
ROA(3y)5.73%
ROA(5y)5.09%
ROE(3y)7.12%
ROE(5y)6.24%
ROIC(3y)5.35%
ROIC(5y)4.92%
ROICexc(3y)18.61%
ROICexc(5y)17.45%
ROICexgc(3y)27.06%
ROICexgc(5y)24.44%
ROCE(3y)7.59%
ROCE(5y)6.98%
ROICexgc growth 3Y-6.78%
ROICexgc growth 5Y-4.48%
ROICexc growth 3Y-6.81%
ROICexc growth 5Y-4.03%
OM growth 3Y-11.4%
OM growth 5Y-3.21%
PM growth 3Y-15.64%
PM growth 5Y-9.93%
GM growth 3Y-5.25%
GM growth 5Y-1.81%
F-Score8
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 73.41% | ||
| Cap/Sales | 2.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 26.85% | ||
| Profit Quality | 24.91% | ||
| Current Ratio | 17.57 | ||
| Quick Ratio | 15.86 | ||
| Altman-Z | 22.93 |
F-Score8
WACC9.57%
ROIC/WACC0.66
Cap/Depr(3y)62.07%
Cap/Depr(5y)244.47%
Cap/Sales(3y)1.51%
Cap/Sales(5y)5.77%
Profit Quality(3y)55.39%
Profit Quality(5y)64.81%
High Growth Momentum
Growth
EPS 1Y (TTM)16.67%
EPS 3Y-10.91%
EPS 5Y-8.73%
EPS Q2Q%20%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.63%
Revenue growth 3Y5%
Revenue growth 5Y0.67%
Sales Q2Q%-1.97%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y15.36%
EBIT growth 3Y-6.96%
EBIT growth 5Y-2.57%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-61.86%
FCF growth 3Y-0.01%
FCF growth 5YN/A
OCF growth 1Y-42.93%
OCF growth 3Y-16.84%
OCF growth 5Y-2.01%
PARK AEROSPACE CORP / PKE FAQ
What is the ChartMill fundamental rating of PARK AEROSPACE CORP (PKE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to PKE.
What is the valuation status for PKE stock?
ChartMill assigns a valuation rating of 2 / 10 to PARK AEROSPACE CORP (PKE). This can be considered as Overvalued.
What is the profitability of PKE stock?
PARK AEROSPACE CORP (PKE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of PARK AEROSPACE CORP (PKE) stock?
The Price/Earnings (PE) ratio for PARK AEROSPACE CORP (PKE) is 46.29 and the Price/Book (PB) ratio is 3.66.
What is the financial health of PARK AEROSPACE CORP (PKE) stock?
The financial health rating of PARK AEROSPACE CORP (PKE) is 9 / 10.