National Presto Industries, Inc.

National Presto Industries, Inc.

NPKยทNYSE

$128.35

-0.0078%
IndustrialsAerospace & Defense

National Presto Industries Inc. provides housewares and small electric appliance, and defense products primarily in North America. It operates through three segments: Housewares/Small Appliance, Defense, and Safety. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers under the Presto Control Master brand. This segment sells its products directly to retailers, as well as through independent distributors. The Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical products, and medium caliber cartridge cases; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. This segment primarily serves the United States Department of Defense (DOD) and DOD prime contractors. The Safety segment patents machine learning, digital sensors, and cloud-based technology to continuously monitor freezers and refrigerators detecting and alerting users to potential safety issues around pharmaceuticals and food. National Presto Industries Inc. was incorporated in 1905 and is based in Eau Claire, Wisconsin.

At a Glance

Live Snapshot
Market Cap$919.76M
EPS4.6300
P/E Ratio23.06
Earnings Date07/24/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 23.1).

Valuation inputs: P/E 23.1, earnings yield +4.3%, momentum -0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +8.4%, ROIC +7.8%).

Profitability stack: net margin +6.6%, ROE +8.4%, ROIC +7.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +21.7%, momentum -0.0%, net margin +6.6%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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National Presto Industries, Inc. Market vs Earnings Trajectory

NPK ยท NYSE

Loading price and EPS data...

National Presto Industries, Inc.

National Presto Industries, Inc. Fair Value Envelope

NPK ยท NYSE

Our analysis suggests that NPK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $128.35, this represents a potential HIDDEN relative to our calculated worth for National Presto Industries, Inc..

Intrinsic Value
Current Price: $128.35
3Y+59.0%
5Y-31.0%
10Y-28.0%
3Y+57.0%
5Y+43.0%
10Y+47.0%
3Y+60.0%
5Y-30.0%
10Y-26.0%
3Y-204.0%
5Y-122.0%
10Y-114.0%
3Y-567.0%
5Y-194.0%
10Y-161.0%
3Y+22.0%
5Y+16.0%
10Y+21.0%
National Presto Industries, Inc.

National Presto Industries, Inc. Profit Bridge

NPK ยท NYSE
Revenue503.52M
Cost of Goods Sold (424.71M)
Gross Profit78.81M
Operating Expenses (35.87M)
Operating Income42.94M
Interest Expense (0.00)
Other Income/Expense-823.00K
Pretax Income42.12M
Income Tax (9.04M)
Net Income33.08M
Net Income
33.08M

Profitability Analysis

Gross Margin

15.7%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

8.5%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

6.6%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

21.5%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

15.65%
Gross Profit Margin
-23%
3Y-9.0%
5Y-35.0%
10Y-38.0%
8.53%
Operating Profit Margin
-27%
3Y+24.0%
5Y-46.0%
10Y-53.0%
6.57%
Net Profit Margin
-38%
3Y+2.0%
5Y-51.0%
10Y-50.0%
8.37%
Return on Equity
-26%
3Y+41.0%
5Y-33.0%
10Y-34.0%
6.56%
Return on Assets
-28%
3Y+31.0%
5Y-39.0%
10Y-39.0%
7.77%
Return on Invested Capital
-20%
3Y+59.0%
5Y-33.0%
10Y-34.0%
NPK

National Presto Industries, Inc. Cash Conversion Engine

NPK ยท NYSE
Net Income33.08M
Depreciation & Amortization5.14M
Stock-Based Compensation0.00
Change in Working Capital-58.86M
Others3.77M
Capital Expenditures-27.03M
Free Cash Flow-36.17M

Cash Flow Quality Analysis

FCF Conversion Rate

-109.3%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

-295.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+40.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$58.86M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

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National Presto Industries, Inc. Funding & Solvency Profile

NPK ยท NYSE
Cash & Cash Equivalents6.49M
Net Receivables48.38M
Inventory0.00
Other Current Assets318.55M
Total Current Assets374 M
Property, Plant & Equipment9.31M
Goodwill & Intangible Assets21.28M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets9 M
Total Assets
407.10M

Financial Health Analysis

Debt-to-Equity Ratio

0.00x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

374 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

92% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

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National Presto Industries, Inc. Street Expectations Map

NPK ยท NYSE

No Target Data

No analyst price targets available for npk.

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National Presto Industries, Inc. Insider Positioning

NPK ยท NYSE

During the last 12 months, insiders have sold $418K worth of NPK shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

2.9K

418.05K

Net Activity

-418K

-$418K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
LRF

Lieble Randy F

Director

2.4K sharesโ€ข1 transactions

$348K

2
PDJ

Peuse David J

Officer: Cfo & Treasurer

500 sharesโ€ข1 transactions

$70K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $418K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$418K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

2 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Persistent selling pressure: Consistent insider selling with weak buy/sell ratio suggests insiders may be capitalizing on current valuation. Exercise caution and review recent earnings quality and management commentary.

0.71%
Dividend Yield
3Y-87.0%
5Y-88.0%
10Y-
ย 

npk Dividend History

NPK
10Y CAGR +13%
Latest $1
Annual $1
5 year growth trend
Last Period: +0%