(DCO) Ducommun - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: NYSE (USA) | Market Cap: 2.178m USD | Total Return: 108.4% in 12m
Avg Turnover: 27.3M
EPS Trend: 89.0%
Qual. Beats: 0
Rev. Trend: 98.1%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
Rs Leader, Idiosyncratic Leader
Ducommun Incorporated (NYSE: DCO) is a California-based provider of engineering and manufacturing services, primarily serving the aerospace, defense, and industrial sectors. The company operates through two distinct segments: Electronic Systems, which produces interconnect systems and avionics components, and Structural Systems, which manufactures complex aerostructure components such as winglets and fuselage panels. Founded in 1849, the firm supports a wide range of platforms including commercial aircraft, military fixed-wing and rotary-wing vehicles, and space programs.
The company functions as a Tier 1 and Tier 2 supplier within the aerospace and defense value chain, a sector characterized by high barriers to entry due to stringent regulatory certifications and long-term program lifecycles. Ducommuns business model relies on technical integration, utilizing materials such as titanium and Inconel to meet the performance requirements of modern aerospace platforms. For a more granular perspective on these fundamentals, consider exploring the data available on ValueRay.
- Commercial aerospace recovery drives demand for narrow-body aircraft structural components
- Defense spending increases bolster long-term backlog for Electronic Systems segment
- Supply chain disruptions and labor costs pressure manufacturing operating margins
- High exposure to Boeing 737 MAX production rates impacts revenue growth
- Expansion into space and missile programs diversifies high-margin defense revenue streams
| Net Income: -32.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -5.07 > 1.0 |
| NWC/Revenue: 54.85% < 20% (prev 51.30%; Δ 3.56% < -1%) |
| CFO/TA -0.02 > 3% & CFO -22.9m > Net Income -32.7m |
| Net Debt (343.7m) to EBITDA (112.2m): 3.06 < 3 |
| Current Ratio: 3.67 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.6m) vs 12m ago 2.78% < -2% |
| Gross Margin: 26.84% > 18% (prev 0.26%; Δ 2.66k% > 0.5%) |
| Asset Turnover: 72.69% > 50% (prev 69.98%; Δ 2.71% > 0%) |
| Interest Coverage Ratio: 14.59 > 6 (EBITDA TTM 112.2m / Interest Expense TTM 5.40m) |
| A: 0.39 (Total Current Assets 633.9m - Total Current Liabilities 172.6m) / Total Assets 1.19b |
| B: 0.35 (Retained Earnings 416.2m / Total Assets 1.19b) |
| C: 0.07 (EBIT TTM 78.8m / Avg Total Assets 1.16b) |
| D: 0.82 (Book Value of Equity 423.4m / Total Liabilities 515.5m) |
| Altman-Z'' = 5.02 = AAA |
| DSRI: 1.10 (Receivables 386.3m/330.1m, Revenue 841.0m/789.8m) |
| GMI: 0.95 (GM 26.84% / 25.57%) |
| AQI: 0.94 (AQ_t 0.34 / AQ_t-1 0.37) |
| SGI: 1.06 (Revenue 841.0m / 789.8m) |
| TATA: -0.01 (NI -32.7m - CFO -22.9m) / TA 1.19b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of May 26, 2026, the stock is trading at USD 144.37 with a total of 205,800 shares traded.
Over the past week, the price has changed by +0.43%,
over one month by +2.08%,
over three months by +13.88% and
over the past year by +108.36%.
Ducommun has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy DCO.
- StrongBuy: 3
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 161.2 | 11.7% |
P/E Forward = 31.9489
P/S = 2.5885
P/B = 3.2516
P/EG = 3.339
Revenue TTM = 841.0m USD
EBIT TTM = 78.8m USD
EBITDA TTM = 112.2m USD
Long Term Debt = 297.6m USD (from longTermDebt, last quarter)
Short Term Debt = 12.0m USD (from shortTermDebt, last quarter)
Debt = 382.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 40.1m
Net Debt = 343.7m USD (calculated: Debt 382.8m - CCE 39.1m)
Enterprise Value = 2.52b USD (2.18b + Debt 382.8m - CCE 39.1m)
Interest Coverage Ratio = 14.59 (Ebit TTM 78.8m / Interest Expense TTM 5.40m)
EV/FCF = -69.47x (Enterprise Value 2.52b / FCF TTM -36.3m)
FCF Yield = -1.44% (FCF TTM -36.3m / Enterprise Value 2.52b)
FCF Margin = -4.32% (FCF TTM -36.3m / Revenue TTM 841.0m)
Net Margin = -3.88% (Net Income TTM -32.7m / Revenue TTM 841.0m)
Gross Margin = 26.84% ((Revenue TTM 841.0m - Cost of Revenue TTM 615.3m) / Revenue TTM)
Gross Margin QoQ = 26.90% (prev 27.28%)
Tobins Q-Ratio = 2.13 (Enterprise Value 2.52b / Total Assets 1.19b)
Interest Expense / Debt = 1.41% (Interest Expense 5.40m / Debt 382.8m)
Taxrate = 15.32% (1.79m / 11.7m)
NOPAT = 66.8m (EBIT 78.8m * (1 - 15.32%))
Current Ratio = 3.67 (Total Current Assets 633.9m / Total Current Liabilities 172.6m)
Debt / Equity = 0.57 (Debt 382.8m / totalStockholderEquity, last quarter 669.8m)
Debt / EBITDA = 3.06 (Net Debt 343.7m / EBITDA 112.2m)
Debt / FCF = -9.47 (negative FCF - burning cash) (Net Debt 343.7m / FCF TTM -36.3m)
Total Stockholder Equity = 672.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.82% (Net Income -32.7m / Total Assets 1.19b)
RoE = -4.86% (Net Income TTM -32.7m / Total Stockholder Equity 672.2m)
RoCE = 8.13% (EBIT 78.8m / Capital Employed (Equity 672.2m + L.T.Debt 297.6m))
RoIC = 6.77% (NOPAT 66.8m / Invested Capital 985.7m)
WACC = 7.93% (E(2.18b)/V(2.56b) * Re(9.11%) + D(382.8m)/V(2.56b) * Rd(1.41%) * (1-Tc(0.15)))
Discount Rate = 9.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 55.56 | Cagr: 2.09%
[DCF] Fair Price = unknown (Cash Flow -36.3m)
EPS Correlation: 89.00 | EPS CAGR: 13.48% | SUE: 0.25 | # QB: 0
Revenue Correlation: 98.10 | Revenue CAGR: 4.10% | SUE: 3.74 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.98 | Chg30d=-1.38% | Revisions=+14% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.16 | Chg30d=-1.38% | Revisions=-43% | Analysts=5
EPS current Year (2026-12-31): EPS=4.18 | Chg30d=-2.84% | Revisions=-14% | GrowthEPS=+11.5% | GrowthRev=+7.3%
EPS next Year (2027-12-31): EPS=5.10 | Chg30d=-2.63% | Revisions=-14% | GrowthEPS=+22.1% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: -43%