(NPK) National Presto Industries - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: NYSE (USA) | Market Cap: 943m USD | Total Return: 53.6% in 12m
Avg Turnover: 13.5M
EPS Trend: 58.4%
Rev. Trend: 92.8%
Warnings
Below Avwap Earnings
Tailwinds
Idiosyncratic Leader
National Presto Industries, Inc. (NPK) operates a diversified business model spanning three distinct segments: Housewares/Small Appliances, Defense, and Safety. The company manufactures and distributes consumer kitchen electrics under the Presto brand, while its defense division provides 40mm ammunition, fuzes, and energetic devices primarily to the U.S. Department of Defense. The safety segment focuses on fire prevention and detection technology, including PFAS-free extinguishers and specialized alarms.
The company represents a unique hybrid of consumer discretionary and aerospace/defense sectors. This structure allows NPK to balance the cyclical nature of retail housewares with the long-term, contract-based stability of government defense spending. Defense contractors in this niche often benefit from high barriers to entry due to specialized manufacturing requirements and stringent federal safety certifications.
For a deeper look into the companys valuation metrics and historical performance, consider reviewing the detailed data on ValueRay.
Founded in 1905 and headquartered in Wisconsin, National Presto maintains a direct-to-retailer distribution network for its consumer goods and serves as a prime contractor for the U.S. military. The integration of its safety segment adds a recurring revenue component through the sale of essential life-safety equipment and fire suppression systems.
- U.S. Department of Defense contract awards drive long-term defense segment revenue
- Fluctuating raw material costs impact margins for small kitchen appliance manufacturing
- Consumer discretionary spending levels dictate demand for housewares and small appliances
- Expansion of PFAS-free safety products influences growth in the safety technology segment
- Geopolitical tensions increase demand for 40mm ammunition and ordnance-related products
| Net Income: 32.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 17.63 > 1.0 |
| NWC/Revenue: 59.84% < 20% (prev 65.38%; Δ -5.54% < -1%) |
| CFO/TA 0.02 > 3% & CFO 9.75m > Net Income 32.1m |
| Net Debt (2.32m) to EBITDA (44.4m): 0.05 < 3 |
| Current Ratio: 5.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (7.16m) vs 12m ago 0.31% < -2% |
| Gross Margin: 15.37% > 18% (prev 0.20%; Δ 1.52k% > 0.5%) |
| Asset Turnover: 112.2% > 50% (prev 91.20%; Δ 20.97% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
| A: 0.66 (Total Current Assets 373.9m - Total Current Liabilities 63.6m) / Total Assets 469.3m |
| B: 0.81 (Retained Earnings 379.1m / Total Assets 469.3m) |
| C: 0.08 (EBIT TTM 39.2m / Avg Total Assets 462.3m) |
| D: 5.21 (Book Value of Equity 386.5m / Total Liabilities 74.1m) |
| Altman-Z'' = 13.01 = AAA |
| DSRI: 0.83 (Receivables 48.7m/47.1m, Revenue 518.5m/415.2m) |
| GMI: 1.29 (GM 15.37% / 19.86%) |
| AQI: 0.70 (AQ_t 0.05 / AQ_t-1 0.07) |
| SGI: 1.25 (Revenue 518.5m / 415.2m) |
| TATA: 0.05 (NI 32.1m - CFO 9.75m) / TA 469.3m) |
| Beneish M = -2.85 (Cap -4..+1) = A |
As of May 26, 2026, the stock is trading at USD 131.62 with a total of 86,700 shares traded.
Over the past week, the price has changed by -4.61%,
over one month by -9.58%,
over three months by +2.04% and
over the past year by +53.56%.
National Presto Industries has no consensus analysts rating.
| Analysts Target Price | 18.9 | -85.6% |
P/E Trailing = 29.314
P/E Forward = 9.8328
P/S = 1.819
P/B = 2.3868
Revenue TTM = 518.5m USD
EBIT TTM = 39.2m USD
EBITDA TTM = 44.4m USD
Long Term Debt = 8.80m USD (estimated: total debt 9.31m - short term 508k)
Short Term Debt = 508k USD (from shortTermDebt, last quarter)
Debt = 9.31m USD (from shortLongTermDebtTotal, last quarter) (leases 9.31m already included)
Net Debt = 2.32m USD (calculated: Debt 9.31m - CCE 6.99m)
Enterprise Value = 945.5m USD (943.2m + Debt 9.31m - CCE 6.99m)
Interest Coverage Ratio = unknown (Ebit TTM 39.2m / Interest Expense TTM 0.0)
EV/FCF = 252.2x (Enterprise Value 945.5m / FCF TTM 3.75m)
FCF Yield = 0.40% (FCF TTM 3.75m / Enterprise Value 945.5m)
FCF Margin = 0.72% (FCF TTM 3.75m / Revenue TTM 518.5m)
Net Margin = 6.19% (Net Income TTM 32.1m / Revenue TTM 518.5m)
Gross Margin = 15.37% ((Revenue TTM 518.5m - Cost of Revenue TTM 438.8m) / Revenue TTM)
Gross Margin QoQ = 14.73% (prev 16.87%)
Tobins Q-Ratio = 2.01 (Enterprise Value 945.5m / Total Assets 469.3m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 9.31m)
Taxrate = 23.07% (1.99m / 8.61m)
NOPAT = 30.2m (EBIT 39.2m * (1 - 23.07%))
Current Ratio = 5.88 (Total Current Assets 373.9m / Total Current Liabilities 63.6m)
Debt / Equity = 0.02 (Debt 9.31m / totalStockholderEquity, last quarter 395.2m)
Debt / EBITDA = 0.05 (Net Debt 2.32m / EBITDA 44.4m)
Debt / FCF = 0.62 (Net Debt 2.32m / FCF TTM 3.75m)
Total Stockholder Equity = 386.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.94% (Net Income 32.1m / Total Assets 469.3m)
RoE = 8.32% (Net Income TTM 32.1m / Total Stockholder Equity 386.0m)
RoCE = 9.93% (EBIT 39.2m / Capital Employed (Equity 386.0m + L.T.Debt 8.80m))
RoIC = 7.52% (NOPAT 30.2m / Invested Capital 401.2m)
WACC = 7.68% (E(943.2m)/V(952.5m) * Re(7.76%) + D(9.31m)/V(952.5m) * Rd(0.0%) * (1-Tc(0.23)))
Discount Rate = 7.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 75.44% ; FCFF base≈3.75m ; Y1≈3.76m ; Y5≈3.99m
[DCF] Fair Price = 8.33 (EV 62.0m - Net Debt 2.32m = Equity 59.7m / Shares 7.17m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 58.39 | EPS CAGR: 12.58% | SUE: N/A | # QB: 0
Revenue Correlation: 92.77 | Revenue CAGR: 18.41% | SUE: N/A | # QB: 0