PARK AEROSPACE CORP (PKE) Stock Fundamental Analysis
NYSE:PKE - US70014A1043 - Common Stock
18.9 USD
-0.15 (-0.79%)
18.9 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to PKE. PKE was compared to 68 industry peers in the Aerospace & Defense industry. PKE has an excellent financial health rating, but there are some minor concerns on its profitability. PKE does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
PKE had positive earnings in the past year.
In the past year PKE had a positive cash flow from operations.
PKE had positive earnings in each of the past 5 years.
PKE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PKE's Return On Assets of 5.77% is fine compared to the rest of the industry. PKE outperforms 73.53% of its industry peers.
With a Return On Equity value of 6.64%, PKE perfoms like the industry average, outperforming 57.35% of the companies in the same industry.
With a Return On Invested Capital value of 6.21%, PKE perfoms like the industry average, outperforming 55.88% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PKE is below the industry average of 8.61%.
The 3 year average ROIC (5.35%) for PKE is below the current ROIC(6.21%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 6.64% | ||
| ROIC | 6.21% |
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 has a better Profit Margin (10.98%) than 83.82% of its industry peers.
PKE's Profit Margin has declined in the last couple of years.
PKE's Operating Margin of 15.34% is amongst the best of the industry. PKE outperforms 85.29% of its industry peers.
In the last couple of years the Operating Margin of PKE has declined.
With a decent Gross Margin value of 28.78%, PKE is doing good in the industry, outperforming 64.71% of the companies in the same industry.
In the last couple of years the Gross Margin of PKE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.34% | ||
| PM (TTM) | 10.98% | ||
| GM | 28.78% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PKE is destroying value.
PKE has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, PKE has less shares outstanding
PKE 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 15.38 indicates that PKE is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 15.38, PKE belongs to the best of the industry, outperforming 95.59% of the companies in the same industry.
PKE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 15.38 |
ROIC/WACC0.63
WACC9.91%
2.3 Liquidity
PKE has a Current Ratio of 8.62. This indicates that PKE is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of PKE (8.62) is better than 98.53% of its industry peers.
A Quick Ratio of 7.96 indicates that PKE has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 7.96, PKE belongs to the best of the industry, outperforming 98.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.62 | ||
| Quick Ratio | 7.96 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.29% over the past year.
Measured over the past years, PKE shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.73% on average per year.
Looking at the last year, PKE shows a quite strong growth in Revenue. The Revenue has grown by 16.60% in the last year.
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)14.29%
EPS 3Y-10.91%
EPS 5Y-8.73%
EPS Q2Q%11.11%
Revenue 1Y (TTM)16.6%
Revenue growth 3Y5%
Revenue growth 5Y0.67%
Sales Q2Q%10.24%
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
With a Price/Earnings ratio of 47.25, PKE can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as PKE.
When comparing the Price/Earnings ratio of PKE to the average of the S&P500 Index (27.03), we can say PKE is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.25 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PKE is valued a bit cheaper than the industry average as 63.24% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PKE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.87 | ||
| EV/EBITDA | 23.09 |
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
PKE has a Yearly Dividend Yield of 2.72%.
PKE's Dividend Yield is rather good when compared to the industry average which is at 1.18. PKE pays more dividend than 97.06% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, PKE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
The dividend of PKE decreases each year by -18.63%.
PKE has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-18.63%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
143.85% of the earnings are spent on dividend by PKE. This is not a sustainable payout ratio.
PKE's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP143.85%
EPS Next 2YN/A
EPS Next 3YN/A
18.9
-0.15 (-0.79%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners80.91%
Inst Owner Change-2.63%
Ins Owners9.62%
Ins Owner Change2.2%
Market Cap375.35M
Analysts80
Price TargetN/A
Short Float %1.95%
Short Ratio2.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
Yearly Dividend0.5
Dividend Growth(5Y)-18.63%
DP143.85%
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 | 47.25 | ||
| Fwd PE | N/A | ||
| P/S | 5.92 | ||
| P/FCF | 69.87 | ||
| P/OCF | 55.77 | ||
| P/B | 3.58 | ||
| P/tB | 3.94 | ||
| EV/EBITDA | 23.09 |
EPS(TTM)0.4
EY2.12%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.27
FCFY1.43%
OCF(TTM)0.34
OCFY1.79%
SpS3.2
BVpS5.28
TBVpS4.79
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 6.64% | ||
| ROCE | 8.8% | ||
| ROIC | 6.21% | ||
| ROICexc | 15.25% | ||
| ROICexgc | 19.48% | ||
| OM | 15.34% | ||
| PM (TTM) | 10.98% | ||
| GM | 28.78% | ||
| FCFM | 8.47% |
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%
ROICexcg growth 3Y-6.78%
ROICexcg 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-Score6
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 72.7% | ||
| Cap/Sales | 2.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 58.01% | ||
| Profit Quality | 77.08% | ||
| Current Ratio | 8.62 | ||
| Quick Ratio | 7.96 | ||
| Altman-Z | 15.38 |
F-Score6
WACC9.91%
ROIC/WACC0.63
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)14.29%
EPS 3Y-10.91%
EPS 5Y-8.73%
EPS Q2Q%11.11%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)16.6%
Revenue growth 3Y5%
Revenue growth 5Y0.67%
Sales Q2Q%10.24%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y18.06%
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-1.21%
FCF growth 3Y-0.01%
FCF growth 5YN/A
OCF growth 1Y2.53%
OCF growth 3Y-16.84%
OCF growth 5Y-2.01%