NPK Stock Intrinsic Value – NATIONAL PRESTO INDUSTRIES Reports Q2 Earnings Results for Fiscal Year 2023
August 13, 2023
🌥️Earnings Overview
On August 11 2023, National Presto Industries ($NYSE:NPK) announced their earnings results for the second quarter of fiscal year 2023 (ending June 30 2023), which showed a total revenue of USD 79.0 million, a 2.3% rise from the same period in the previous year. Unfortunately, net income for the quarter diminished by 17.7% from the year prior, to USD 5.5 million.
Stock Price
The stock opened at $79.4 and closed at $78.8, down by 0.8% from its previous closing price of 79.5. Despite the slight decline in earnings and revenue, NATIONAL PRESTO INDUSTRIES is optimistic about the future. The company is focusing on increasing their market share by expanding their product line and increasing promotion in key markets. They are also looking at ways to increase operational efficiency to reduce costs and improve margins in the future.
Overall, it appears that NATIONAL PRESTO INDUSTRIES is in a good position to weather any economic downturns and remain profitable in the coming fiscal year. Investors should look out for any updates regarding their growth strategies or potential acquisitions that may help to further bolster their position in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NPK. More…
| Total Revenues | Net Income | Net Margin |
| 343.09 | 24.08 | 8.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NPK. More…
| Operations | Investing | Financing |
| 43.88 | -9.65 | -27.95 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NPK. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 401.81 | 66.51 | 47.38 |
Key Ratios Snapshot
Some of the financial key ratios for NPK are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.8% | -17.9% | 9.1% |
| FCF Margin | ROE | ROA |
| 12.3% | 5.9% | 4.8% |
Analysis – NPK Stock Intrinsic Value
At GoodWhale, we analyze NATIONAL PRESTO INDUSTRIES’s financials to determine its fair value, for which we use our proprietary Valuation Line. After conducting a thorough analysis, we believe that the fair value of NATIONAL PRESTO INDUSTRIES share is around $75.8. It is worth mentioning that currently, NATIONAL PRESTO INDUSTRIES stock is traded at $78.8, which is a fair price, but is overvalued by 4.0%. More…
Peers
Its competitors include Xi’an ChenXiAviation Technology Corp Ltd, AAR Corp, and Odessos Shiprepair Yard.
– Xi’an ChenXiAviation Technology Corp Ltd ($SZSE:300581)
ChenXi Aviation Technology Corp Ltd is a Chinese aircraft manufacturer and aviation service provider. The company has a market cap of 6.21B as of 2022 and a Return on Equity of 1.84%. ChenXi Aviation Technology Corp Ltd is a leading manufacturer of light general aviation aircrafts in China with a strong focus on developing and commercializing electric aircrafts. The company has over 300 employees and is headquartered in Xi’an, China.
– AAR Corp ($NYSE:AIR)
AAR Corp is a leading provider of aviation services to the global aerospace and defense industry. The company has a market cap of 1.52B as of 2022 and a Return on Equity of 7.44%. AAR Corp provides a broad range of services to its customers, including aircraft maintenance, repair and overhaul, engineering services, and parts supply. The company has a long history of providing high quality services to its customers and is well-positioned to continue doing so in the future.
– Odessos Shiprepair Yard ($LTS:0OIF)
Odessos Shiprepair Yard is a publicly traded company that provides ship repair and conversion services. The company has a market capitalization of $80.96 million and a return on equity of 5.34%. Odessos Shiprepair Yard operates in the shipbuilding and repair industry and has a workforce of over 1,000 employees. The company is headquartered in Varna, Bulgaria and has a customer base that includes some of the world’s leading shipping companies.
Summary
Investors should take into account NATIONAL PRESTO INDUSTRIES’ recent earnings results for the second quarter of fiscal year 2023, which were reported on August 11 2023. Revenue increased by 2.3% from the same period a year ago to USD 79.0 million, while net income decreased 17.7% to USD 5.5 million. This may be concerning to investors as it indicates weaker profitability for the company in comparison to the same period of the prior year. Therefore, investors should closely monitor the company’s financial performance and consider other factors before making any investment decisions.
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