National Presto Industries
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National Presto Industries Inc. provides housewares and small appliances, and defense products primarily in North America. The last earnings update was 96 days ago. More info.
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NPK Share Price and Events
7 Day Returns
1 Year Returns
NPK Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| National Presto Industries (NPK) | 5.4% | 6.4% | -0.3% | 29.5% | 58.9% | 65.2% |
| US Aerospace & Defense | 2.1% | 10.6% | -0% | -7.6% | 52.8% | 57.6% |
| US Market | 0.5% | 6.3% | 1.9% | 2% | 45.1% | 40.5% |
1 Year Return vs Industry and Market
- NPK outperformed the Aerospace & Defense industry which returned -7.6% over the past year.
- NPK outperformed the Market in United States of America which returned 2% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
National Presto Industries
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for National Presto Industries.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 9.4% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 7.3% |
| Aerospace & Defense Unlevered Beta | Simply Wall St/ S&P Global | 0.91 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.911 (1 + (1- 21%) (0%)) |
0.911 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.91 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.911 * 7.27%) |
9.35% |
Discounted Cash Flow Calculation for NYSE:NPK using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for National Presto Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (USD, Millions) | 73.32 | 69.28 | 65.46 | 61.84 | 58.43 |
| Source | Est @ -5.52% | Est @ -5.52% | Est @ -5.52% | Est @ -5.52% | Est @ -5.52% |
|
Present Value Discounted (@ 9.35%) |
67.05 | 57.94 | 50.06 | 43.25 | 37.37 |
| Present value of next 5 years cash flows | $255.67 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= $58.43 × (1 + 2.73%) ÷ (9.35% – 2.73%) |
$906.57 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= $906.57 ÷ (1 + 9.35%)5 |
$579.80 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= $255.67 + $579.80 |
$835.47 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $835.47 / 6.98 |
$119.7 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $119.70 |
| Current discount | Discount to share price of
$127.52
= -1 x ($127.52 - $119.70) / $119.70 |
-6.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of National Presto Industries is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for National Presto Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
National Presto Industries's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in USD | $6.29 |
| NYSE:NPK Share Price ** | NYSE (2019-02-13) in USD | $127.52 |
| United States of America Aerospace & Defense Industry PE Ratio | Median Figure of 41 Publicly-Listed Aerospace & Defense Companies | 20.47x |
| United States of America Market PE Ratio | Median Figure of 3,046 Publicly-Listed Companies | 16.95x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of National Presto Industries.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:NPK Share Price ÷ EPS (both in USD) = 127.52 ÷ 6.29 |
20.26x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- National Presto Industries is good value based on earnings compared to the US Aerospace & Defense industry average.
- National Presto Industries is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
National Presto Industries's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 20.26x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
11.2%per year |
| United States of America Aerospace & Defense Industry PEG Ratio | Median Figure of 34 Publicly-Listed Aerospace & Defense Companies | 1.75x |
| United States of America Market PEG Ratio | Median Figure of 2,117 Publicly-Listed Companies | 1.36x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for National Presto Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
National Presto Industries's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in USD | $50.71 |
| NYSE:NPK Share Price * | NYSE (2019-02-13) in USD | $127.52 |
| United States of America Aerospace & Defense Industry PB Ratio | Median Figure of 54 Publicly-Listed Aerospace & Defense Companies | 2.52x |
| United States of America Market PB Ratio | Median Figure of 5,122 Publicly-Listed Companies | 1.81x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:NPK Share Price ÷ Book Value per Share (both in USD) = 127.52 ÷ 50.71 |
2.51x |
* Primary Listing of National Presto Industries.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- National Presto Industries is good value based on assets compared to the US Aerospace & Defense industry average.
Value checks
We assess National Presto Industries's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check) National Presto Industries has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
- No analysts cover National Presto Industries, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- National Presto Industries's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- National Presto Industries's earnings growth is positive but not above the United States of America market average.
- Unable to compare National Presto Industries's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:NPK Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 11.2% |
| United States of America Aerospace & Defense Industry Earnings Growth Rate | Market Cap Weighted Average | 10.1% |
| United States of America Aerospace & Defense Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.4% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 353 | 100 | 44 |
| 2018-07-01 | 342 | 68 | 46 |
| 2018-04-01 | 338 | 41 | 44 |
| 2017-12-31 | 334 | 24 | 43 |
| 2017-10-01 | 350 | 34 | 47 |
| 2017-07-02 | 354 | 46 | 46 |
| 2017-04-02 | 349 | 79 | 45 |
| 2016-12-31 | 342 | 66 | 42 |
| 2016-10-02 | 271 | 51 | 39 |
| 2016-07-03 | 288 | 47 | 39 |
| 2016-04-03 | 321 | 37 | 41 |
| 2015-12-31 | 356 | 46 | 42 |
| 2015-10-04 | 436 | 55 | 38 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from National Presto Industries Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-09-30 | 6.29 |
| 2018-07-01 | 6.60 |
| 2018-04-01 | 6.34 |
| 2017-12-31 | 6.20 |
| 2017-10-01 | 6.72 |
| 2017-07-02 | 6.65 |
| 2017-04-02 | 6.51 |
| 2016-12-31 | 6.01 |
| 2016-10-02 | 5.60 |
| 2016-07-03 | 5.66 |
| 2016-04-03 | 5.83 |
| 2015-12-31 | 6.07 |
| 2015-10-04 | 5.45 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if National Presto Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess National Presto Industries's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
National Presto Industries has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has National Presto Industries performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- National Presto Industries's year on year earnings growth rate has been positive over the past 5 years.
- National Presto Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- National Presto Industries's 1-year earnings growth is negative, it can't be compared to the US Aerospace & Defense industry average.
Earnings and Revenue History
All data from National Presto Industries Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | 353.31 | 44.07 | 23.60 | |
| 2018-07-01 | 342.27 | 46.17 | 23.50 | |
| 2018-04-01 | 337.61 | 44.34 | 23.29 | |
| 2017-12-31 | 333.63 | 43.31 | 22.90 | |
| 2017-10-01 | 349.94 | 46.95 | 22.23 | |
| 2017-07-02 | 353.86 | 46.38 | 22.17 | |
| 2017-04-02 | 348.82 | 45.38 | 22.01 | |
| 2016-12-31 | 341.91 | 41.92 | 22.08 | |
| 2016-10-02 | 271.37 | 39.04 | 19.92 | |
| 2016-07-03 | 287.74 | 39.38 | 20.88 | |
| 2016-04-03 | 320.59 | 40.56 | 21.40 | |
| 2015-12-31 | 355.65 | 42.16 | 21.74 | |
| 2015-10-04 | 436.31 | 37.83 | 23.42 | |
| 2015-07-05 | 440.87 | 34.85 | 22.25 | |
| 2015-04-05 | 426.81 | 29.90 | 22.91 | |
| 2014-12-31 | 347.20 | 30.75 | 21.25 | |
| 2014-09-28 | 405.32 | 31.07 | 22.52 | |
| 2014-06-29 | 410.47 | 34.96 | 22.69 | |
| 2014-03-30 | 423.55 | 39.09 | 21.68 | |
| 2013-12-31 | 420.19 | 41.25 | 21.07 | |
| 2013-09-29 | 426.99 | 35.60 | 24.38 | |
| 2013-06-30 | 443.19 | 35.98 | 26.81 | |
| 2013-03-31 | 458.91 | 36.39 | 27.65 | |
| 2012-12-31 | 472.49 | 38.88 | 25.19 | |
| 2012-09-30 | 449.71 | 40.85 | 26.70 | |
| 2012-07-01 | 437.75 | 43.84 | 23.04 | |
| 2012-04-01 | 418.91 | 45.95 | 21.07 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- National Presto Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- National Presto Industries used its assets more efficiently than the US Aerospace & Defense industry average last year based on Return on Assets.
- National Presto Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess National Presto Industries's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
National Presto Industries has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is National Presto Industries's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up National Presto Industries's finances.
The net worth of a company is the difference between its assets and liabilities.
- National Presto Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- National Presto Industries has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- National Presto Industries has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from National Presto Industries Company Filings, last reported 4 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 353.96 | 0.00 | 183.05 |
| 2018-07-01 | 347.35 | 0.00 | 166.05 |
| 2018-04-01 | 336.26 | 0.00 | 156.16 |
| 2017-12-31 | 366.38 | 0.00 | 155.47 |
| 2017-10-01 | 349.42 | 0.00 | 127.42 |
| 2017-07-02 | 340.83 | 0.00 | 138.73 |
| 2017-04-02 | 330.84 | 0.00 | 160.00 |
| 2016-12-31 | 350.24 | 0.00 | 111.49 |
| 2016-10-02 | 329.19 | 0.00 | 73.80 |
| 2016-07-03 | 320.61 | 0.00 | 75.30 |
| 2016-04-03 | 312.05 | 0.00 | 66.19 |
| 2015-12-31 | 339.25 | 0.00 | 88.48 |
| 2015-10-04 | 323.83 | 0.00 | 64.64 |
| 2015-07-05 | 315.46 | 0.00 | 71.51 |
| 2015-04-05 | 306.10 | 0.00 | 69.95 |
| 2014-12-31 | 325.44 | 0.00 | 76.45 |
| 2014-09-28 | 312.55 | 0.00 | 45.91 |
| 2014-06-29 | 307.18 | 0.00 | 43.25 |
| 2014-03-30 | 302.72 | 0.00 | 35.68 |
| 2013-12-31 | 332.55 | 0.00 | 59.36 |
| 2013-09-29 | 315.15 | 0.00 | 90.71 |
| 2013-06-30 | 306.10 | 0.00 | 80.69 |
| 2013-03-31 | 297.65 | 0.00 | 98.09 |
| 2012-12-31 | 290.57 | 0.00 | 93.02 |
| 2012-09-30 | 323.37 | 0.00 | 113.29 |
| 2012-07-01 | 313.78 | 0.00 | 118.77 |
| 2012-04-01 | 304.93 | 0.00 | 99.60 |
- National Presto Industries has no debt.
- National Presto Industries has not taken on any debt in the past 5 years.
- National Presto Industries has no debt, it does not need to be covered by operating cash flow.
- National Presto Industries has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess National Presto Industries's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) National Presto Industries has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is National Presto Industries's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
National Presto Industries
shares you are expected to receive
$94
in your first year as a dividend.
Dividend Amount
- National Presto Industries's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
- National Presto Industries's dividend is above the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Aerospace & Defense Industry Average Dividend Yield | Market Cap Weighted Average of 22 Stocks | 2% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 1997 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-11-09 | 6.000 | 4.913 |
| 2018-08-10 | 6.000 | 4.653 |
| 2018-02-12 | 6.000 | 5.614 |
| 2017-11-13 | 5.500 | 5.314 |
| 2017-08-11 | 5.500 | 5.184 |
| 2017-02-13 | 5.500 | 5.223 |
| 2016-11-14 | 5.050 | 4.947 |
| 2016-08-12 | 5.050 | 5.747 |
| 2016-02-16 | 5.050 | 5.771 |
| 2015-11-13 | 4.050 | 4.988 |
| 2015-08-14 | 4.050 | 4.748 |
| 2015-02-17 | 4.050 | 5.888 |
| 2014-11-07 | 5.050 | 8.405 |
| 2014-08-08 | 5.050 | 8.069 |
| 2014-02-14 | 5.050 | 6.944 |
| 2013-11-08 | 6.500 | 8.507 |
| 2013-10-28 | 6.500 | 9.194 |
| 2013-08-09 | 6.500 | 9.170 |
| 2013-07-26 | 6.500 | 8.749 |
| 2012-12-11 | 6.500 | 8.683 |
| 2012-11-09 | 6.000 | 8.046 |
| 2012-10-31 | 6.000 | 8.033 |
| 2012-08-10 | 6.000 | 8.003 |
| 2012-08-01 | 6.000 | 8.744 |
| 2012-02-21 | 6.000 | 8.262 |
| 2011-11-14 | 8.250 | 8.574 |
| 2011-10-31 | 8.250 | 8.765 |
| 2011-08-12 | 8.250 | 8.966 |
| 2011-08-01 | 8.250 | 8.931 |
| 2011-02-22 | 8.250 | 7.735 |
| 2010-11-12 | 8.150 | 6.464 |
| 2010-11-01 | 8.150 | 7.139 |
| 2010-08-12 | 8.150 | 7.639 |
| 2010-08-02 | 8.150 | 7.888 |
| 2010-02-19 | 8.150 | 7.598 |
| 2009-11-12 | 5.550 | 5.267 |
| 2009-11-02 | 5.550 | 6.285 |
| 2009-08-13 | 5.550 | 6.473 |
| 2009-02-23 | 5.550 | 7.885 |
| 2009-02-17 | 4.250 | 7.306 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
National Presto Industries's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (6.3x coverage).
- Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Income/ dividend checks
We assess National Presto Industries's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can National Presto Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) National Presto Industries has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $700,786 |
| AGE | 65 |
| TENURE AS CEO | 24.8 years |
CEO Bio
Ms. Maryjo J. Cohen has been the Chief Executive Officer of National Presto Industries Inc. since May 1994 and has been its President since May 1989. Ms. Cohen serves as a Treasurer of Presto Manufacturing Company Inc since September 1983. She served as an Interim Chief Financial Officer of National Presto Industries Inc., from June 2008 to September 2008, Treasurer since September 1983 and served as its Vice President since May 1986. Ms. Cohen has been the Chairman of National Presto Industries Inc. since January 1, 2002. She has been with the National Presto Industries Inc. since 1976. Prior to becoming an Officer, she served as an Associate Resident Counsel and Assistant to the Treasurer of National Presto. Ms. Cohen has been a Director of National Presto Industries Inc. since 1988.
CEO Compensation
- Maryjo's compensation has been consistent with company performance over the past year.
- Maryjo's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the National Presto Industries management team in years:
- The average tenure for the National Presto Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Maryjo Cohen
Chairman
$701K
65
24.8 yrs
Randy Lieble
VP, CFO
$920K
64
10.4 yrs
Douglas Frederick
COO of the Housewares/Small Appliance Segment
$498K
47
10.1 yrs
Richard Jeffers
Vice President of Sales
$271K
65
1.4 yrs
Jeff Morgan
Vice President of Engineering
$225K
61
3.3 yrs
Board of Directors Tenure
Average tenure and age of the National Presto Industries board of directors in years:
- The average tenure for the National Presto Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Maryjo Cohen
Chairman
$701K
65
17.1 yrs
Randy Lieble
VP, CFO
$920K
64
10.2 yrs
Richard Cardozo
Presiding Director
$40K
82
Patrick Quinn
Independent Director
$39K
68
18.1 yrs
Joseph Stienessen
Independent Director
$40K
73
13.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess National Presto Industries's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) National Presto Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Why We Like National Presto Industries, Inc.’s (NYSE:NPK) 17% Return On Capital Employed
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleIs National Presto Industries, Inc.'s (NYSE:NPK) Balance Sheet Strong Enough To Weather A Storm?
(NYSE:NPK), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is NPK growing fast enough to value financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.
Simply Wall St - – Full articleWhat To Know Before Buying National Presto Industries, Inc. (NYSE:NPK) For Its Dividend
Historically, National Presto Industries, Inc. … Does National Presto Industries tick all the boxes of a great dividend stock? … View our latest analysis for National Presto Industries
Simply Wall St - – Full articleIs National Presto Industries Inc's (NYSE:NPK) P/E Ratio Really That Good?
We'll look at National Presto Industries Inc's (NYSE:NPK) P/E ratio and reflect on what it tells us about the company's share price. … Based on the last twelve months, National Presto Industries's P/E ratio is 19.9. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleShould You Be Pleased About The CEO Pay At National Presto Industries Inc's (NYSE:NPK)
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Maryjo Cohen's Compensation Compare With Similar Sized Companies. … A first glance this seems like a real positive for shareholders, since Maryjo Cohen is paid less than the average compensation paid by similar sized companies.
Simply Wall St - – Full articleHow Good Is National Presto Industries Inc (NYSE:NPK), When It Comes To ROE?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows National Presto Industries has a return on equity of 13% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleIs National Presto Industries Inc (NYSE:NPK) A Financially Sound Company?
However, it also faces higher cost of capital given interest cost is generally lower than equity. … Does NPK's growth rate justify its decision for financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding
Simply Wall St - – Full articleIs National Presto Industries Inc (NYSE:NPK) Attractive At Its Current PE Ratio?
and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … National Presto Industries Inc (NYSE:NPK) is currently trading at a trailing P/E of 20.9x, which is lower than the industry average of 24.2x. … See our latest analysis for National Presto Industries
Simply Wall St - – Full articleIs National Presto Industries Inc (NYSE:NPK) A Great Dividend Stock?
In the past 10 years National Presto Industries Inc (NYSE:NPK) has returned an average of 7.00% per year to investors in the form of dividend payouts. … Let's dig deeper into whether National Presto Industries should have a place in your portfolio. … Check out our latest analysis for National Presto Industries
Simply Wall St - – Full articleIs National Presto Industries Inc's (NYSE:NPK) CEO Salary Justified?
Maryjo Cohen took the helm as National Presto Industries Inc's (NYSE:NPK) CEO and grew market cap to US$840.03m recently. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor.
Simply Wall St - – Full articleCompany Info
Map
Description
National Presto Industries Inc. provides housewares and small appliances, and defense products primarily in North America. The company operates in two segments, Housewares/Small Appliance and Defense. The Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers. This segment sells its products directly to retailers, as well as through independent distributors. The Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases; less lethal products and support accessories; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. It also performs load, assemble, and pack operations on ordnance-related products; and provides training for the use of less lethal products. This segment primarily serves the United States Department of Defense (DOD) and DOD prime contractors. National Presto Industries, Inc. was founded in 1905 and is based in Eau Claire, Wisconsin.
Details
| Name: | National Presto Industries, Inc. |
| NPK | |
| Exchange: | NYSE |
| Founded: | 1905 |
| $890,038,719 | |
| 6,979,601 | |
| Website: | http://www.gopresto.com |
| Address: |
National Presto Industries, Inc. 3925 North Hastings Way, Eau Claire, Wisconsin, 54703, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | NPK | Common Stock | New York Stock Exchange | US | USD | 11. Feb 1969 |
Number of employees
Current staff
Industry
| Aerospace and Defense | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/13 23:46 |
| End of day share price update: | 2019/02/13 00:00 |
| Last earnings filing: | 2018/11/09 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
