PARK AEROSPACE CORP (PKE) Stock Fundamental Analysis
NYSE:PKE - New York Stock Exchange, Inc. - US70014A1043 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to PKE. PKE was compared to 65 industry peers in the Aerospace & Defense industry. PKE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. PKE 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 PKE was profitable.
PKE had a positive operating cash flow in the past year.
PKE had positive earnings in each of the past 5 years.
In the past 5 years PKE always reported a positive cash flow from operatings.
1.2 Ratios
PKE has a Return On Assets of 5.88%. This is in the better half of the industry: PKE outperforms 72.31% of its industry peers.
Looking at the Return On Equity, with a value of 6.81%, PKE is in line with its industry, outperforming 55.38% of the companies in the same industry.
The Return On Invested Capital of PKE (7.18%) is better than 64.62% of its industry peers.
PKE had an Average Return On Invested Capital over the past 3 years of 6.47%. This is in line with the industry average of 7.89%.
The last Return On Invested Capital (7.18%) for PKE is above the 3 year average (6.47%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 6.81% | ||
| ROIC | 7.18% |
ROA(3y)5.88%
ROA(5y)5.25%
ROE(3y)7.37%
ROE(5y)6.5%
ROIC(3y)6.47%
ROIC(5y)5.85%
1.3 Margins
The Profit Margin of PKE (11.90%) is better than 84.62% of its industry peers.
PKE's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 14.84%, PKE belongs to the top of the industry, outperforming 86.15% of the companies in the same industry.
PKE's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 27.90%, PKE is doing good in the industry, outperforming 64.62% of the companies in the same industry.
PKE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.84% | ||
| PM (TTM) | 11.9% | ||
| GM | 27.9% |
OM growth 3Y-0.81%
OM growth 5Y1.21%
PM growth 3Y8.03%
PM growth 5Y-43.02%
GM growth 3Y1.17%
GM growth 5Y-1.41%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PKE is destroying value.
Compared to 1 year ago, PKE has less shares outstanding
The number of shares outstanding for PKE has been reduced compared to 5 years ago.
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 10.34. This indicates that PKE is financially healthy and has little risk of bankruptcy at the moment.
PKE's Altman-Z score of 10.34 is amongst the best of the industry. PKE outperforms 89.23% of its industry peers.
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 | 10.34 |
ROIC/WACC0.73
WACC9.91%
2.3 Liquidity
PKE has a Current Ratio of 7.55. This indicates that PKE is financially healthy and has no problem in meeting its short term obligations.
PKE has a better Current ratio (7.55) than 98.46% of its industry peers.
PKE has a Quick Ratio of 6.69. This indicates that PKE is financially healthy and has no problem in meeting its short term obligations.
PKE's Quick ratio of 6.69 is amongst the best of the industry. PKE outperforms 98.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.55 | ||
| Quick Ratio | 6.69 |
3. Growth
3.1 Past
PKE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.70%.
The earnings per share for PKE have been decreasing by -41.95% on average. This is quite bad
Looking at the last year, PKE shows a quite strong growth in Revenue. The Revenue has grown by 15.45% in the last year.
The Revenue has been growing slightly by 1.85% on average over the past years.
EPS 1Y (TTM)2.7%
EPS 3Y13.6%
EPS 5Y-41.95%
EPS Q2Q%33.33%
Revenue 1Y (TTM)15.45%
Revenue growth 3Y6.55%
Revenue growth 5Y1.85%
Sales Q2Q%23.8%
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 34.37, the valuation of PKE can be described as expensive.
Based on the Price/Earnings ratio, PKE is valued a bit cheaper than the industry average as 63.08% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.10, PKE is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.37 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PKE indicates a rather cheap valuation: PKE is cheaper than 100.00% of the companies listed in the same industry.
PKE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PKE is cheaper than 86.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.24 | ||
| EV/EBITDA | 7.22 |
4.3 Compensation for Growth
PKE 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
PKE has a Yearly Dividend Yield of 3.83%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.33, PKE pays a better dividend. On top of this PKE pays more dividend than 98.46% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, PKE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
5.2 History
The dividend of PKE decreases each year by -20.28%.
PKE has been paying a dividend for at least 10 years, so it has a reliable track record.
PKE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-20.28%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
PKE pays out 138.22% of its income as dividend. 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.
DP138.22%
EPS Next 2YN/A
EPS Next 3YN/A
13.06
-0.14 (-1.06%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners79.6%
Inst Owner Change-0.34%
Ins Owners7.35%
Ins Owner Change8.29%
Market Cap260.68M
Analysts80
Price TargetN/A
Short Float %1.47%
Short Ratio4.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
Yearly Dividend1.5
Dividend Growth(5Y)-20.28%
DP138.22%
Div Incr Years2
Div Non Decr Years2
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 | 34.37 | ||
| Fwd PE | N/A | ||
| P/S | 4.24 | ||
| P/FCF | 30.24 | ||
| P/OCF | 28.83 | ||
| P/B | 2.43 | ||
| P/tB | 2.67 | ||
| EV/EBITDA | 7.22 |
EPS(TTM)0.38
EY2.91%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.43
FCFY3.31%
OCF(TTM)0.45
OCFY3.47%
SpS3.08
BVpS5.38
TBVpS4.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 6.81% | ||
| ROCE | 8.14% | ||
| ROIC | 7.18% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 14.84% | ||
| PM (TTM) | 11.9% | ||
| GM | 27.9% | ||
| FCFM | 14.03% |
ROA(3y)5.88%
ROA(5y)5.25%
ROE(3y)7.37%
ROE(5y)6.5%
ROIC(3y)6.47%
ROIC(5y)5.85%
ROICexc(3y)24.75%
ROICexc(5y)22.69%
ROICexgc(3y)35.74%
ROICexgc(5y)31.83%
ROCE(3y)7.33%
ROCE(5y)6.62%
ROICexcg growth 3Y-1.13%
ROICexcg growth 5Y-11.86%
ROICexc growth 3Y0.43%
ROICexc growth 5Y-7.74%
OM growth 3Y-0.81%
OM growth 5Y1.21%
PM growth 3Y8.03%
PM growth 5Y-43.02%
GM growth 3Y1.17%
GM growth 5Y-1.41%
F-Score6
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 23.33% | ||
| Cap/Sales | 0.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.76% | ||
| Profit Quality | 117.99% | ||
| Current Ratio | 7.55 | ||
| Quick Ratio | 6.69 | ||
| Altman-Z | 10.34 |
F-Score6
WACC9.91%
ROIC/WACC0.73
Cap/Depr(3y)174.34%
Cap/Depr(5y)323.83%
Cap/Sales(3y)3.75%
Cap/Sales(5y)7.77%
Profit Quality(3y)48.77%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.7%
EPS 3Y13.6%
EPS 5Y-41.95%
EPS Q2Q%33.33%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.45%
Revenue growth 3Y6.55%
Revenue growth 5Y1.85%
Sales Q2Q%23.8%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y13.54%
EBIT growth 3Y5.68%
EBIT growth 5Y3.08%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y55.48%
FCF growth 3Y-11.99%
FCF growth 5Y-4.67%
OCF growth 1Y27.73%
OCF growth 3Y-30.29%
OCF growth 5Y-10.18%