PARK AEROSPACE CORP (PKE)
US70014A1043 - Common Stock
Overall PKE gets a fundamental rating of 5 out of 10. We evaluated PKE against 64 industry peers in the Aerospace & Defense industry. PKE gets an excellent profitability rating and is at the same time showing great financial health properties. PKE has a expensive valuation and it also scores bad on growth.
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.
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
PKE has a better Return On Assets (7.46%) than 82.81% of its industry peers.
PKE has a better Return On Equity (8.49%) than 68.75% of its industry peers.
PKE has a Return On Invested Capital (5.61%) which is comparable to the rest of the industry.
PKE had an Average Return On Invested Capital over the past 3 years of 5.56%. This is below the industry average of 8.57%.
The 3 year average ROIC (5.56%) for PKE is below the current ROIC(5.61%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.46% | ||
| ROE | 8.49% | ||
| ROIC | 5.61% |
ROA(3y)5%
ROA(5y)16.13%
ROE(3y)6.37%
ROE(5y)19.45%
ROIC(3y)5.56%
ROIC(5y)5.13%
1.3 Margins
Looking at the Profit Margin, with a value of 17.87%, PKE belongs to the top of the industry, outperforming 92.19% of the companies in the same industry.
In the last couple of years the Profit Margin of PKE has declined.
Looking at the Operating Margin, with a value of 15.09%, PKE belongs to the top of the industry, outperforming 89.06% of the companies in the same industry.
PKE's Operating Margin has improved in the last couple of years.
PKE has a Gross Margin of 29.95%. This is in the better half of the industry: PKE outperforms 75.00% of its industry peers.
In the last couple of years the Gross Margin of PKE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.09% | ||
| PM (TTM) | 17.87% | ||
| GM | 29.95% |
OM growth 3Y1.07%
OM growth 5Y39.53%
PM growth 3Y7.46%
PM growth 5Y-17.28%
GM growth 3Y-0.75%
GM growth 5Y1.63%
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 about the same amout of shares outstanding than it did 1 year ago.
PKE has more shares outstanding than it did 5 years ago.
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 12.52 indicates that PKE is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 12.52, PKE belongs to the best of the industry, outperforming 96.88% 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 | 12.52 |
ROIC/WACC0.6
WACC9.4%
2.3 Liquidity
PKE has a Current Ratio of 14.59. This indicates that PKE is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of PKE (14.59) is better than 100.00% of its industry peers.
A Quick Ratio of 13.43 indicates that PKE has no problem at all paying its short term obligations.
PKE's Quick ratio of 13.43 is amongst the best of the industry. PKE outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 14.59 | ||
| Quick Ratio | 13.43 |
3. Growth
3.1 Past
PKE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.50%.
The earnings per share for PKE have been decreasing by -12.33% on average. This is quite bad
The Revenue has been growing slightly by 0.33% in the past year.
The Revenue has been growing slightly by 6.10% on average over the past years.
EPS 1Y (TTM)-7.5%
EPS 3Y4.39%
EPS 5Y-12.33%
EPS growth Q2Q-50%
Revenue 1Y (TTM)0.33%
Revenue growth 3Y-3.42%
Revenue growth 5Y6.1%
Revenue growth Q2Q-16.07%
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
A Price/Earnings ratio of 41.08 indicates a quite expensive valuation of PKE.
Compared to the rest of the industry, the Price/Earnings ratio of PKE is on the same level as its industry peers.
When comparing the Price/Earnings ratio of PKE to the average of the S&P500 Index (24.80), we can say PKE is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.08 | ||
| Fwd PE | N/A |
4.2 Price Multiples
PKE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PKE is cheaper than 71.88% of the companies in the same industry.
PKE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 114.34 | ||
| EV/EBITDA | 16.68 |
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 3.26%, PKE has a reasonable but not impressive dividend return.
PKE's Dividend Yield is rather good when compared to the industry average which is at 1.35. PKE pays more dividend than 100.00% of the companies in the same industry.
PKE's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
5.2 History
The dividend of PKE decreases each year by -34.84%.
PKE has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PKE decreased in the last 3 years.
Dividend Growth(5Y)-34.84%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
316.96% 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.
DP316.96%
EPS Next 2YN/A
EPS Next 3YN/A
PARK AEROSPACE CORP
NYSE:PKE (4/19/2024, 3:15:00 PM)
After market: 15.2 0 (0%)15.2
+0.42 (+2.84%)
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 Cap307.80M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 41.08 | ||
| 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 | 7.46% | ||
| ROE | 8.49% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 15.09% | ||
| PM (TTM) | 17.87% | ||
| GM | 29.95% | ||
| 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 Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 14.59 | ||
| Quick Ratio | 13.43 | ||
| 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)-7.5%
EPS 3Y4.39%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.33%
Revenue growth 3Y-3.42%
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