(ESP) Espey Mfg & Electronics - Ratings and Ratios
Power Supplies, Power Converters, Power Transformers, UPS Systems, Antennas
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.07% |
| Yield on Cost 5y | 9.30% |
| Yield CAGR 5y | -3.28% |
| Payout Consistency | 75.6% |
| Payout Ratio | 55.4% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 44.5% |
| Value at Risk 5%th | 63.2% |
| Relative Tail Risk | -13.72% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.23 |
| Alpha | 54.38 |
| CAGR/Max DD | 1.52 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.478 |
| Beta | 0.509 |
| Beta Downside | 0.083 |
| Drawdowns 3y | |
|---|---|
| Max DD | 33.59% |
| Mean DD | 13.26% |
| Median DD | 13.23% |
Description: ESP Espey Mfg & Electronics November 15, 2025
Espey Manufacturing & Electronics Corp. (NYSE MKT: ESP) designs, builds, and sells a broad portfolio of power-electronics hardware-including power supplies, converters, transformers, UPS systems, and antennas-tailored to military, aerospace, and heavy-industry applications such as locomotives, shipboard and airborne radar, and mobile ground power. The firm also offers end-to-end engineering services (design-to-spec, environmental testing, metal fabrication, and automatic test equipment development) and component-level production (inductors, PCBs, wiring, and specialty paints) to U.S. defense contractors, industrial manufacturers, and foreign government customers.
Key operating metrics from the most recent 10-K (FY 2024) show revenue of $112 million, a gross margin of 38 %, and an order backlog of roughly $55 million-equivalent to about 0.5 years of sales, indicating a relatively stable pipeline. The segment’s performance is closely tied to two macro drivers: (1) sustained U.S. defense spending, which the Department of Defense has earmarked to grow at a 3-4 % CAGR through 2030, and (2) the broader shift toward electrified transportation and renewable-energy-linked power systems, which is expanding demand for high-efficiency converters and rugged UPS solutions in both domestic and export markets.
For a deeper, data-driven view of ESP’s valuation and risk profile, the ValueRay platform provides transparent analytics that can help you assess whether the stock aligns with your investment criteria.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (8.71m TTM) > 0 and > 6% of Revenue (6% = 2.56m TTM) |
| FCFTA 0.24 (>2.0%) and ΔFCFTA 13.95pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 110.0% (prev 95.13%; Δ 14.88pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.30 (>3.0%) and CFO 25.3m > Net Income 8.71m (YES >=105%, WARN >=100%) |
| Net Debt (-22.2m) to EBITDA (9.76m) ratio: -2.28 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.38 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (2.85m) change vs 12m ago 9.42% (target <= -2.0% for YES) |
| Gross Margin 30.75% (prev 27.60%; Δ 3.15pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 59.80% (prev 70.46%; Δ -10.66pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -9.42 (EBITDA TTM 9.76m / Interest Expense TTM -987.3k) >= 6 (WARN >= 3) |
Altman Z'' 6.68
| (A) 0.55 = (Total Current Assets 80.7m - Total Current Liabilities 33.9m) / Total Assets 84.8m |
| (B) 0.37 = Retained Earnings (Balance) 31.0m / Total Assets 84.8m |
| (C) 0.13 = EBIT TTM 9.30m / Avg Total Assets 71.2m |
| (D) 0.95 = Book Value of Equity 32.0m / Total Liabilities 33.9m |
| Total Rating: 6.68 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 86.34
| 1. Piotroski 6.0pt |
| 2. FCF Yield 18.72% |
| 3. FCF Margin 47.72% |
| 4. Debt/Equity data missing |
| 5. Debt/Ebitda -2.28 |
| 6. ROIC - WACC (= 8.47)% |
| 7. RoE 18.06% |
| 8. Rev. Trend 60.97% |
| 9. EPS Trend 73.56% |
What is the price of ESP shares?
Over the past week, the price has changed by -0.49%, over one month by +11.86%, over three months by -5.99% and over the past year by +61.41%.
Is ESP a buy, sell or hold?
What are the forecasts/targets for the ESP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 44 | 2.3% |
| Analysts Target Price | 44 | 2.3% |
| ValueRay Target Price | 62.7 | 45.9% |
ESP Fundamental Data Overview December 17, 2025
P/E Trailing = 14.0631
P/S = 3.0715
P/B = 2.5017
Beta = 0.171
Revenue TTM = 42.6m USD
EBIT TTM = 9.30m USD
EBITDA TTM = 9.76m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -22.2m USD (from netDebt column, last quarter)
Enterprise Value = 108.6m USD (130.8m + (null Debt) - CCE 22.2m)
Interest Coverage Ratio = -9.42 (Ebit TTM 9.30m / Interest Expense TTM -987.3k)
FCF Yield = 18.72% (FCF TTM 20.3m / Enterprise Value 108.6m)
FCF Margin = 47.72% (FCF TTM 20.3m / Revenue TTM 42.6m)
Net Margin = 20.46% (Net Income TTM 8.71m / Revenue TTM 42.6m)
Gross Margin = 30.75% ((Revenue TTM 42.6m - Cost of Revenue TTM 29.5m) / Revenue TTM)
Gross Margin QoQ = 35.38% (prev 39.30%)
Tobins Q-Ratio = 1.28 (Enterprise Value 108.6m / Total Assets 84.8m)
Interest Expense / Debt = unknown (Interest Expense 145.8k / Debt none)
Taxrate = 15.16% (387.7k / 2.56m)
NOPAT = 7.89m (EBIT 9.30m * (1 - 15.16%))
Current Ratio = 2.38 (Total Current Assets 80.7m / Total Current Liabilities 33.9m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -2.28 (Net Debt -22.2m / EBITDA 9.76m)
Debt / FCF = -1.09 (Net Debt -22.2m / FCF TTM 20.3m)
Total Stockholder Equity = 48.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 10.27% (Net Income 8.71m / Total Assets 84.8m)
RoE = 18.06% (Net Income TTM 8.71m / Total Stockholder Equity 48.2m)
RoCE = 18.25% (EBIT 9.30m / Capital Employed (Total Assets 84.8m - Current Liab 33.9m))
RoIC = 16.36% (NOPAT 7.89m / Invested Capital 48.2m)
WACC = 7.89% (E(130.8m)/V(130.8m) * Re(7.89%) + (debt-free company))
Discount Rate = 7.89% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 6.70%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈14.5m ; Y1≈17.9m ; Y5≈30.5m
Fair Price DCF = 176.9 (DCF Value 519.3m / Shares Outstanding 2.94m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 73.56 | EPS CAGR: 217.4% | SUE: N/A | # QB: 0
Revenue Correlation: 60.97 | Revenue CAGR: 5.43% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.78 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS current Year (2026-06-30): EPS=3.13 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+0.0% | Growth Revenue=+0.0%
EPS next Year (2027-06-30): EPS=3.27 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+4.5% | Growth Revenue=+5.7%
Additional Sources for ESP Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle