42.99 USD
-1.08 (-2.45%)
42.99 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to ESP. ESP was compared to 91 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making ESP a very profitable company, without any liquidiy or solvency issues. ESP has a decent growth rate and is not valued too expensively. With these ratings, ESP could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
ESP had positive earnings in the past year.
In the past year ESP had a positive cash flow from operations.
Of the past 5 years ESP 4 years were profitable.
ESP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 10.27%, ESP belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
The Return On Equity of ESP (17.09%) is better than 89.01% of its industry peers.
ESP has a Return On Invested Capital of 13.58%. This is amongst the best in the industry. ESP outperforms 94.51% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ESP is above the industry average of 9.90%.
The last Return On Invested Capital (13.58%) for ESP is above the 3 year average (11.92%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.27% | ||
| ROE | 17.09% | ||
| ROIC | 13.58% |
ROA(3y)9.44%
ROA(5y)6.2%
ROE(3y)13.45%
ROE(5y)8.74%
ROIC(3y)11.92%
ROIC(5y)N/A
1.3 Margins
ESP has a better Profit Margin (20.46%) than 95.60% of its industry peers.
In the last couple of years the Profit Margin of ESP has grown nicely.
Looking at the Operating Margin, with a value of 19.89%, ESP belongs to the top of the industry, outperforming 95.60% of the companies in the same industry.
In the last couple of years the Operating Margin of ESP has grown nicely.
The Gross Margin of ESP (30.75%) is better than 68.13% of its industry peers.
In the last couple of years the Gross Margin of ESP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.89% | ||
| PM (TTM) | 20.46% | ||
| GM | 30.75% |
OM growth 3Y57.16%
OM growth 5Y37.82%
PM growth 3Y67.53%
PM growth 5Y38.08%
GM growth 3Y19.19%
GM growth 5Y10.36%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ESP is creating some value.
The number of shares outstanding for ESP has been increased compared to 1 year ago.
Compared to 5 years ago, ESP has more shares outstanding
ESP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 4.24 indicates that ESP is not in any danger for bankruptcy at the moment.
ESP has a Altman-Z score of 4.24. This is in the better half of the industry: ESP outperforms 72.53% of its industry peers.
There is no outstanding debt for ESP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.24 |
ROIC/WACC1.54
WACC8.8%
2.3 Liquidity
A Current Ratio of 2.38 indicates that ESP has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.38, ESP is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
ESP has a Quick Ratio of 1.76. This is a normal value and indicates that ESP is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.76, ESP is doing good in the industry, outperforming 72.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 27.92% over the past year.
Measured over the past years, ESP shows a very strong growth in Earnings Per Share. The EPS has been growing by 44.13% on average per year.
ESP shows a small growth in Revenue. In the last year, the Revenue has grown by 4.90%.
Measured over the past years, ESP shows a small growth in Revenue. The Revenue has been growing by 6.87% on average per year.
EPS 1Y (TTM)27.92%
EPS 3Y79.73%
EPS 5Y44.13%
EPS Q2Q%24.06%
Revenue 1Y (TTM)4.9%
Revenue growth 3Y11.04%
Revenue growth 5Y6.87%
Sales Q2Q%-12.93%
3.2 Future
The Earnings Per Share is expected to grow by 5.78% on average over the next years.
ESP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.69% yearly.
EPS Next Y4.67%
EPS Next 2Y4.57%
EPS Next 3Y4.58%
EPS Next 5Y5.78%
Revenue Next Year9.16%
Revenue Next 2Y7.41%
Revenue Next 3Y7.06%
Revenue Next 5Y6.69%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.65, ESP is valued correctly.
Based on the Price/Earnings ratio, ESP is valued cheaper than 91.21% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.39. ESP is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 13.02, which indicates a correct valuation of ESP.
Based on the Price/Forward Earnings ratio, ESP is valued cheaply inside the industry as 89.01% of the companies are valued more expensively.
ESP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.65 | ||
| Fwd PE | 13.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ESP indicates a rather cheap valuation: ESP is cheaper than 98.90% of the companies listed in the same industry.
100.00% of the companies in the same industry are more expensive than ESP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.22 | ||
| EV/EBITDA | 6.13 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ESP does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of ESP may justify a higher PE ratio.
PEG (NY)2.92
PEG (5Y)0.31
EPS Next 2Y4.57%
EPS Next 3Y4.58%
5. Dividend
5.1 Amount
ESP has a Yearly Dividend Yield of 2.27%.
Compared to an average industry Dividend Yield of 0.28, ESP pays a better dividend. On top of this ESP pays more dividend than 98.90% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, ESP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
5.2 History
The dividend of ESP decreases each year by -1.49%.
ESP has paid a dividend for at least 10 years, which is a reliable track record.
ESP has decreased its dividend recently.
Dividend Growth(5Y)-1.49%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
54.01% of the earnings are spent on dividend by ESP. This is a bit on the high side, but may be sustainable.
DP54.01%
EPS Next 2Y4.57%
EPS Next 3Y4.58%
42.99
-1.08 (-2.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners26.97%
Inst Owner Change-20.51%
Ins Owners5.39%
Ins Owner Change1.87%
Market Cap126.39M
Revenue(TTM)42.60M
Net Income(TTM)8.71M
Analysts80
Price Target44.88 (4.4%)
Short Float %0.32%
Short Ratio0.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
Yearly Dividend0.92
Dividend Growth(5Y)-1.49%
DP54.01%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.65 | ||
| Fwd PE | 13.02 | ||
| P/S | 2.97 | ||
| P/FCF | 6.22 | ||
| P/OCF | 4.99 | ||
| P/B | 2.48 | ||
| P/tB | 2.48 | ||
| EV/EBITDA | 6.13 |
EPS(TTM)3.15
EY7.33%
EPS(NY)3.3
Fwd EY7.68%
FCF(TTM)6.92
FCFY16.09%
OCF(TTM)8.61
OCFY20.04%
SpS14.49
BVpS17.34
TBVpS17.34
PEG (NY)2.92
PEG (5Y)0.31
Graham Number35.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.27% | ||
| ROE | 17.09% | ||
| ROCE | 16.62% | ||
| ROIC | 13.58% | ||
| ROICexc | 170.14% | ||
| ROICexgc | 170.14% | ||
| OM | 19.89% | ||
| PM (TTM) | 20.46% | ||
| GM | 30.75% | ||
| FCFM | 47.72% |
ROA(3y)9.44%
ROA(5y)6.2%
ROE(3y)13.45%
ROE(5y)8.74%
ROIC(3y)11.92%
ROIC(5y)N/A
ROICexc(3y)45.82%
ROICexc(5y)N/A
ROICexgc(3y)45.82%
ROICexgc(5y)N/A
ROCE(3y)14.59%
ROCE(5y)N/A
ROICexgc growth 3Y146.41%
ROICexgc growth 5Y81.96%
ROICexc growth 3Y146.41%
ROICexc growth 5Y81.96%
OM growth 3Y57.16%
OM growth 5Y37.82%
PM growth 3Y67.53%
PM growth 5Y38.08%
GM growth 3Y19.19%
GM growth 5Y10.36%
F-Score5
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 1085.13% | ||
| Cap/Sales | 11.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 283.47% | ||
| Profit Quality | 233.3% | ||
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.76 | ||
| Altman-Z | 4.24 |
F-Score5
WACC8.8%
ROIC/WACC1.54
Cap/Depr(3y)737.07%
Cap/Depr(5y)456.19%
Cap/Sales(3y)8.23%
Cap/Sales(5y)5.16%
Profit Quality(3y)129.9%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.92%
EPS 3Y79.73%
EPS 5Y44.13%
EPS Q2Q%24.06%
EPS Next Y4.67%
EPS Next 2Y4.57%
EPS Next 3Y4.58%
EPS Next 5Y5.78%
Revenue 1Y (TTM)4.9%
Revenue growth 3Y11.04%
Revenue growth 5Y6.87%
Sales Q2Q%-12.93%
Revenue Next Year9.16%
Revenue Next 2Y7.41%
Revenue Next 3Y7.06%
Revenue Next 5Y6.69%
EBIT growth 1Y20.41%
EBIT growth 3Y74.51%
EBIT growth 5Y47.29%
EBIT Next Year-6.16%
EBIT Next 3Y5.09%
EBIT Next 5YN/A
FCF growth 1Y613.06%
FCF growth 3Y105.49%
FCF growth 5Y23.64%
OCF growth 1Y356.96%
OCF growth 3Y111.47%
OCF growth 5Y28.6%
ESPEY MFG & ELECTRONICS CORP / ESP FAQ
What is the ChartMill fundamental rating of ESPEY MFG & ELECTRONICS CORP (ESP) stock?
ChartMill assigns a fundamental rating of 7 / 10 to ESP.
What is the valuation status of ESPEY MFG & ELECTRONICS CORP (ESP) stock?
ChartMill assigns a valuation rating of 6 / 10 to ESPEY MFG & ELECTRONICS CORP (ESP). This can be considered as Fairly Valued.
How profitable is ESPEY MFG & ELECTRONICS CORP (ESP) stock?
ESPEY MFG & ELECTRONICS CORP (ESP) has a profitability rating of 9 / 10.
What are the PE and PB ratios of ESPEY MFG & ELECTRONICS CORP (ESP) stock?
The Price/Earnings (PE) ratio for ESPEY MFG & ELECTRONICS CORP (ESP) is 13.65 and the Price/Book (PB) ratio is 2.48.
What is the financial health of ESPEY MFG & ELECTRONICS CORP (ESP) stock?
The financial health rating of ESPEY MFG & ELECTRONICS CORP (ESP) is 7 / 10.