NYSE:NPK

Stock Analysis Report

National Presto Industries

Executive Summary

National Presto Industries, Inc. provides housewares and small appliances, and defense products primarily in North America.

Snowflake

Fundamentals

Flawless balance sheet, good value and pays a dividend.


Similar Companies

Share Price & News

How has National Presto Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.3%

NPK

-1.4%

US Aerospace & Defense

0.4%

US Market


1 Year Return

-34.4%

NPK

7.2%

US Aerospace & Defense

6.9%

US Market

Return vs Industry: NPK underperformed the US Aerospace & Defense industry which returned 7.2% over the past year.

Return vs Market: NPK underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

NPKIndustryMarket
7 Day-3.3%-1.4%0.4%
30 Day-10.6%-4.0%-1.1%
90 Day-10.7%2.6%-0.5%
1 Year-30.9%-34.4%9.3%7.2%9.3%6.9%
3 Year12.0%-4.9%59.7%51.0%45.8%36.4%
5 Year75.4%31.7%92.2%74.1%62.9%45.1%

Price Volatility Vs. Market

How volatile is National Presto Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is National Presto Industries undervalued compared to its fair value and its price relative to the market?

16.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: NPK ($81.2) is trading below our estimate of fair value ($97.33)

Significantly Undervalued: NPK is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: NPK is good value based on its PE Ratio (16.3x) compared to the Aerospace & Defense industry average (22.4x).

PE vs Market: NPK is good value based on its PE Ratio (16.3x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate NPK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NPK is good value based on its PB Ratio (1.7x) compared to the US Aerospace & Defense industry average (2.4x).


Next Steps

Future Growth

How is National Presto Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NPK's forecast earnings growth (13.2% per year) is above the savings rate (2.7%).

Earnings vs Market: NPK's earnings (13.2% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: NPK's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if NPK's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if NPK's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if NPK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has National Presto Industries performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NPK's earnings have grown by 5.3% per year over the past 5 years.

Accelerating Growth: NPK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NPK had negative earnings growth (-21.4%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (10.5%).


Return on Equity

High ROE: NPK's Return on Equity (10.5%) is considered low.


Return on Assets

ROA vs Industry: NPK has a higher Return on Assets than the Aerospace & Defense industry average last year.


Return on Capital Employed

ROCE Improving: NPK's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is National Presto Industries's financial position?


Financial Position Analysis

Short Term Liabilities: NPK's short term assets ($310.3M) exceeds its short term liabilities ($42.6M)

Long Term Liabilities: NPK's short term assets (310.3M) exceeds its long term liabilities (3.3M)


Debt to Equity History and Analysis

Debt Level: NPK is debt free.

Reducing Debt: NPK has not had any debt for past 5 years.

Debt Coverage: NPK has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NPK has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: NPK has a high level of physical assets or inventory.

Debt Coverage by Assets: NPK's debt is not covered by short term assets (assets are -6.9867943899101E+17x debt).


Next Steps

Dividend

What is National Presto Industries's current dividend yield, its reliability and sustainability?

7.39%

Current Dividend Yield


Dividend Yield vs Market

company7.4%marketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: NPK's dividend (7.39%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: NPK's dividend (7.39%) is in the top 25% of dividend payers in the US market (3.73%)

Stable Dividend: NPK's dividend payments have been volatile in the past 10 years.

Growing Dividend: NPK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.1%), NPK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of National Presto Industries's salary, the management and board of directors tenure and is there insider trading?

10.8yrs

Average management tenure


CEO

Maryjo Cohen (66yo)

25.4yrs

Tenure

US$719,493

Compensation

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 ...


CEO Compensation Analysis

Compensation vs. Market: Maryjo's total compensation ($USD719.49K) is about average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Maryjo's compensation has been consistent with company performance over the past year.


Management Age and Tenure

10.8yrs

Average Tenure

65yo

Average Age

Experienced Management: NPK's management team is seasoned and experienced (10.8 years average tenure).


Board Age and Tenure

15.9yrs

Average Tenure

69yo

Average Age

Experienced Board: NPK's board of directors are seasoned and experienced ( 15.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Maryjo Cohen (66yo)

    Chairman

    • Tenure: 25.4yrs
    • Compensation: US$719.49k
  • Randy Lieble (65yo)

    Director

    • Tenure: 10.8yrs
    • Compensation: US$691.34k
  • Douglas Frederick (48yo)

    COO of the Housewares/Small Appliance Segment

    • Tenure: 10.8yrs
    • Compensation: US$423.06k
  • Richard Jeffers (66yo)

    Vice President of Sales

    • Tenure: 2.1yrs
    • Compensation: US$343.38k
  • David Peuse (49yo)

    Treasurer

    • Tenure: 0.4yrs

Board Members

  • Maryjo Cohen (66yo)

    Chairman

    • Tenure: 25.4yrs
    • Compensation: US$719.49k
  • Randy Lieble (65yo)

    Director

    • Tenure: 10.8yrs
    • Compensation: US$691.34k
  • Richard Cardozo (83yo)

    Presiding Director

    • Tenure: 0yrs
    • Compensation: US$39.50k
  • Patrick Quinn (69yo)

    Independent Director

    • Tenure: 18.8yrs
    • Compensation: US$41.00k
  • Joseph Stienessen (74yo)

    Independent Director

    • Tenure: 14yrs
    • Compensation: US$41.00k

Company Information

National Presto Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: National Presto Industries, Inc.
  • Ticker: NPK
  • Exchange: NYSE
  • Founded: 1905
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: US$567.998m
  • Shares outstanding: 7.00m
  • Website: https://www.gopresto.com

Number of Employees


Location

  • National Presto Industries, Inc.
  • 3925 North Hastings Way
  • Eau Claire
  • Wisconsin
  • 54703
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NPKNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 1969

Biography

National Presto Industries, Inc. provides housewares and small appliances, and defense products primarily in North America. The company’s Housewares/Small Appliance segment designs, markets, and distribute ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 23:40
End of Day Share Price2019/10/18 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.