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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#590
Positioning
Market Dominance
Manufacturing
Defense
$805M
Maryjo R. Cohen
National Presto Industries Inc. operates through three segments: Housewares/Small Appliance, Defense, and Safety. The Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical products, and medium caliber cartridge cases. The Safety segment patents machine learning, digital sensors, and cloud-based technology to continuously monitor freezers and refrigerators.
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Dates updated upon official exchange announcement.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = NPK ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$UL UNILEVER PLC | 78 | 96 | 98 | 59 | - | - | 28.5% | 8.0% | 100.0% | 100.0% | 10.4% | -4.6% | 3.3% | 0.0x | $141.8B | VS | |
$ASML ASML HOLDING NV | 77 | 89 | 86 | 83 | - | - | 46.1% | 16.6% | 51.3% | 31.9% | 26.8% | -4.0% | 1.0% | 25.0x | $272.1B | VS | |
$ESLT ELBIT SYSTEMS LTD | 76 | 81 | 87 | 85 | - | - | 10.3% | 3.1% | 24.1% | 7.2% | 4.7% | 14.3% | 0.8% | 25.0x | $11.4B | VS | |
$MT ArcelorMittal | 75 | 71 | 98 | 85 | - | - | 2.2% | 1.5% | 9.3% | 5.3% | 2.2% | -8.5% | 2.2% | 16.0x | $18.9B | VS | |
$AMAT APPLIED MATERIALS INC /DE | 75 | 85 | 87 | 84 | 20.9x | 13.6x | 35.5% | 19.8% | 48.7% | 29.2% | 24.7% | 4.4% | 0.8% | 32.0x | $181.9B | VS | |
$SIMO Silicon Motion Technology CORP | 75 | 84 | 86 | 85 | - | - | 11.8% | 8.8% | 45.9% | 11.3% | 11.1% | 25.7% | 3.7% | 0.0x | $1.8B | VS | |
$CODA Coda Octopus Group, Inc. | 74 | 83 | 90 | 79 | 16.3x | 11.9x | 7.6% | 7.0% | 66.5% | 17.1% | 15.6% | 39.0% | 0.0% | 0.0x | $115M | VS | |
$GSK GSK plc | 74 | 84 | 90 | 70 | - | - | 22.6% | 4.9% | 71.2% | 12.8% | 9.4% | 1.7% | 5.9% | 124.0x | $72.1B | VS | |
$EFXT Enerflex Ltd. | 74 | 80 | 91 | 83 | - | - | 3.0% | 1.1% | 20.9% | 7.3% | 1.3% | 3.0% | 0.9% | 67.0x | $1.2B | VS | |
$BUD Anheuser-Busch InBev SA/NV | 74 | 84 | 97 | 63 | - | - | 8.2% | 3.5% | 55.3% | 25.9% | 12.4% | 0.7% | 1.7% | 0.0x | $87.0B | VS | |
$NPK NATIONAL PRESTO INDUSTRIES INC | 61 | 55 | 69 | 63 | 34.7x | 29.5x | 6.9% | 5.2% | 16.4% | 7.3% | 6.3% | 35.7% | 0.9% | 33.0x | $805M | ||
| SECTOR BENCH | - | - | - | - | - | 22.3x | 11.5x | -2.5% | -0.1% | 42.5% | 1.3% | -0.2% | 5.9% | 0.0% | 0.2x | - | REF |
NATIONAL PRESTO INDUSTRIES INC (NPK) receives a "Hold" rating with a composite score of 61.1/100. It ranks #590 out of 7,333 stocks in our coverage universe and carries a 3-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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YOY expansion rate
Core pricing power
Operating efficiency
Bottom-line conversion
Equity capital efficiency
Asset base utilization
Financial leverage load
Direct cash return
Maryjo R. Cohen
Chief Executive Officer
Labor Force
900
55
25
88
Audit Verdict: Average governance indicators based on financial metrics.
No recent insider transactions available for NPK
Outperforming peers — winners tend to keep winning over 3-12 months
Trading at a discount to fundamentals — favorable entry valuation
Average quality profile
Low volatility — smoother ride and historically better risk-adjusted returns
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Manufacturing sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for NPK.
View All RatingsConservative accounting — High cash conversion efficiency
Material decline in asset turnover efficiency detected
| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 55 | 45 | +10ALPHA |
| MOMENTUM | 63 | 59 | +4NEUTRAL |
| VALUATION | 69 | 63 | +6ALPHA |
| INVESTMENT | 25 | 12 | +13ALPHA |
| STABILITY | 88 | 92 | -4NEUTRAL |
| SHORT INT | 59 | 68 | -9DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC 14.0% vs WACC 9.5% (spread +4.5%)
GM 16% vs sector 43%, OM 7% vs sector 1%
Capital turnover 3.32x
Rev growth 36%, 10yr history
Interest coverage N/A, Net debt/EBITDA 5.4x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
Our model assigns NATIONAL PRESTO INDUSTRIES INC a Hold rating, with a composite score of 61.1/100 and 3 out of 5 stars. Ranked #590 of 7,333 stocks, NPK presents a mixed quantitative picture — neither compelling enough to initiate new positions nor weak enough to warrant selling. Investors already holding may consider maintaining their position while monitoring for changes in the factor profile.
With a quality score of 55/100, NPK shows adequate but unremarkable business quality. The company reports a return on equity of 6.9% (sector avg: -2.5%), gross margins of 16.4% (sector avg: 42.5%), net margins of 6.3% (sector avg: -0.2%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
NPK's value score of 69/100 indicates the stock is fairly valued based on its current fundamentals. Key valuation metrics include a P/E ratio of 34.72x, an EV/EBITDA of 29.49x, a P/B ratio of 2.39x. At this level, neither a clear bargain nor overpriced, the stock's attractiveness depends more on forward growth expectations and qualitative factors.
NATIONAL PRESTO INDUSTRIES INC's investment score of 25/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 35.7% vs. a sector average of 5.9% and a return on assets of 5.2% (sector: -0.1%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
NPK demonstrates moderate momentum with a score of 63/100, suggesting a neutral price trend without strong directional conviction. Revenue growth stands at 35.7% year-over-year, while a beta of 0.57 reflects its sensitivity to broader market moves. Moderate momentum may indicate the stock is consolidating or transitioning between trends, warranting close monitoring of upcoming catalysts.
NATIONAL PRESTO INDUSTRIES INC earns an excellent stability score of 88/100, reflecting low price volatility and a conservatively managed balance sheet. Key stability metrics include a beta of 0.57 and a debt-to-equity ratio of 33.00x (sector avg: 0.2x). Stocks with this level of stability tend to act as portfolio anchors, providing downside protection during market corrections while still participating in broad market advances.
The short interest score of 59/100 for NPK suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include elevated leverage (D/E: 33.00x), small-cap liquidity risk. With a $805M market cap (small-cap), NATIONAL PRESTO INDUSTRIES INC may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
NPK offers a modest dividend yield of 0.9%. While the income contribution is relatively small, even a small dividend signals management's commitment to shareholder returns and can serve as a signal of financial discipline.
NATIONAL PRESTO INDUSTRIES INC is a small-cap company in the Manufacturing sector, ranked #0 of 50 in its sector (100th percentile) and #590 of 7,333 overall (92nd percentile). Key comparisons include ROE of 6.9% exceeding the -2.5% sector median and operating margins of 7.3% above the 1.3% sector average. This top-quartile standing reflects exceptional competitive strength relative to Manufacturing peers.
While NPK currently exhibits a HOLD profile, superior opportunities exist within the MANUFACTURING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Manufacturing Alpha →Quant Factor Profile
Key factor gap
Stability (88) vs Investment (25) — closing this gap could shift the rating.
EV/EBITDA 157% ABOVE SECTOR MEDIAN
ROE 378% BELOW SECTOR MEDIAN
Gross Margin 61% BELOW SECTOR MEDIAN
AUDIT DATA AS OF SEP 28, 2025 (Q2 FY2025)
We rate NATIONAL PRESTO INDUSTRIES INC (NPK) as a Hold with a composite score of 61.1/100 at a current price of $128.40. The stock presents a mixed quantitative picture — neither compelling enough to warrant new accumulation nor weak enough to justify selling for existing holders. Our factors are split, and the overall profile suggests patience is warranted.
The rating is primarily driven by strength in stability (88th percentile) and value (69th percentile), which together account for the majority of the composite score. Offsetting weakness in investment (25th percentile) and quality (55th percentile) tempers our overall conviction. We assign a Narrow Moat rating (46/100), Low uncertainty, and Poor capital allocation.
Key items to watch: sustainability of the current growth rate. Any material change in these dynamics could warrant a reassessment of our rating. The moat trend is stable, which suggests the competitive landscape is stable for now.
NATIONAL PRESTO INDUSTRIES INC holds a top-quartile position (#0 of 50) within the Manufacturing sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 61.1/100 places it at rank #590 in our full 7,333-stock universe. At $805M in market capitalization, NATIONAL PRESTO INDUSTRIES INC is a small-cap player in the Manufacturing space, which limits certain scale advantages but may allow for more agile strategic execution.
The near-term outlook is constructive, with revenue growing at 36% and momentum in the 63th percentile confirming positive market sentiment and institutional accumulation. The combination of strong top-line growth and favorable price dynamics suggests the company is executing well on its growth strategy. Investment factor at the 25th percentile indicates reinvestment patterns that investors should monitor for sustainability.
The margin cascade tells an important story: gross margins of 16% (-26.1pp vs sector) narrow to operating margins of 7% (+6.1pp vs sector) and net margins of 6.3%, yielding a gross-to-net conversion rate of 38%. This efficient conversion suggests well-controlled operating costs and limited margin leakage between the gross and net levels.
At a current price of $128.40, NATIONAL PRESTO INDUSTRIES INC is trading near fair value based on current fundamentals. Our value factor score of 69/100 reflects a composite assessment across multiple valuation metrics including price-to-earnings, price-to-book, EV/EBITDA, and price-to-sales ratios relative to both sector peers and the broader market. Valuation metrics are mixed, with no strong signal of mispricing in either direction.
The stock currently trades at a P/E of 34.7x (a 56% premium to the sector median of 22.3x), EV/EBITDA of 29.5x (at a premium), P/B of 2.4x, P/S of 2.1x. The above-sector P/E multiple suggests the market is pricing in superior growth or quality, which our analysis finds only partially justified by current fundamentals.
Revenue growth of 36% confirms the business is expanding its addressable market — growth at this level typically supports multiple expansion and attracts institutional capital.
A value factor score of 69/100 suggests the market is underpricing these fundamentals, creating a potential margin of safety for new investors.
Even high-quality stocks face risks from valuation compression, competitive disruption, or macro shocks that are difficult to quantify in advance.
We assign a Low uncertainty rating to NATIONAL PRESTO INDUSTRIES INC. The company exhibits strong financial stability with a beta of 0.57, conservative leverage (33% D/E), and a stability factor in the 88th percentile. The predictable nature of the business model and solid financial position reduce the range of potential outcomes, giving us confidence in our fair value estimate.
Specific risk factors that inform our assessment include: low beta of 0.57 — while defensive, this may indicate limited upside participation in bull markets. Each of these factors independently widens the distribution of potential outcomes, and in combination they create a risk profile that demands careful position sizing. The stability factor at the 88th percentile and quality factor at the 55th percentile provide a quantitative summary of the overall risk landscape.
Key risk mitigants include: above-average stability (88th percentile) suggests predictable business dynamics. These factors partially offset the identified risks and provide downside protection in adverse scenarios. On balance, the risk-reward profile is favorable for long-term investors.
We rate NATIONAL PRESTO INDUSTRIES INC's capital allocation as Poor. Key concerns include suboptimal returns on capital. Exemplary capital allocators generate ROE above 20% and maintain conservative leverage — NATIONAL PRESTO INDUSTRIES INC significantly underperforms these benchmarks, raising questions about management's ability to create shareholder value.
Investors should scrutinize management's reinvestment decisions and balance sheet trajectory before committing capital. Poor capital allocation often compounds over time: overlevered balance sheets limit strategic flexibility, while low returns on capital destroy shareholder value. We would need to see sustained improvement in profitability metrics and balance sheet discipline before considering an upgrade.
In summary, NATIONAL PRESTO INDUSTRIES INC receives a Hold rating with a composite score of 61.1/100 (rank #590 of 7,333). Our quantitative framework assigns a Narrow Moat (46/100, trend: stable), Low uncertainty, and Poor capital allocation. The average factor score across quality, value, momentum, stability, and investment is 60/100.
Our analysis supports a neutral stance on NATIONAL PRESTO INDUSTRIES INC. While the quantitative profile is not weak enough to warrant selling, it lacks the multi-factor strength required for a buy recommendation. Existing holders should maintain positions and monitor for catalysts — either fundamental improvement or valuation compression — that would shift the risk-reward balance.
Analysis derived from Blank Capital Research quantitative terminal. For informational purposes only. No trade solicitation. Past performance not indicative of future results. Consult a qualified advisor.
We assign NATIONAL PRESTO INDUSTRIES INC a Narrow Moat rating with a composite moat score of 46/100. The ROIC-WACC spread of +4.5% is the primary signal of economic value creation. The company possesses identifiable competitive advantages, though they are less entrenched than those of wide-moat peers. Our analysis indicates that NATIONAL PRESTO INDUSTRIES INC can sustain above-average returns on invested capital for at least 10 years, with the strongest contributor being economic value creation at 11.7/20.
The strongest moat sources are economic value creation (11.7/20) and margin superiority (10.4/20). ROIC 14.0% vs WACC 9.5% (spread +4.5%). GM 16% vs sector 43%, OM 7% vs sector 1%. These pillars form the core of NATIONAL PRESTO INDUSTRIES INC's competitive identity and are the primary drivers of excess returns in our framework.
Areas of relative weakness include financial resilience (5/20) and growth durability (8.8/20). Interest coverage N/A, Net debt/EBITDA 5.4x. Improvement in these areas could meaningfully widen the moat over time, while deterioration would be an early warning of competitive erosion.
Our moat trend assessment is Stable. Multi-year ROIC and operating margin trajectories show neither meaningful improvement nor deterioration, suggesting the competitive position is steady. We expect NATIONAL PRESTO INDUSTRIES INC's moat profile to remain largely unchanged absent a material shift in return on capital or industry dynamics.
Key profit drivers include robust top-line growth of 36% expanding the revenue base. The margin cascade from 16% gross to 7% operating to 6.3% net reveals the company's cost structure and reinvestment intensity. Our analysis indicates that profit quality is adequate though not exceptional, with the quality factor at the 55th percentile.
The margin profile shows gross margins of 16%, operating margins of 7%, net margins of 6.3%. Return metrics include ROE of 6.9% and ROA of 5.2%. Relative to the Manufacturing sector, gross margins are 26.1 percentage points below the sector median of 43%, and ROE of 6.9% compares to a sector median of -2.5%.
The balance sheet reflects moderate leverage with D/E of 33%, a dividend yield of 0.89%, revenue growth of 36%. The sector median D/E is 0%, putting NATIONAL PRESTO INDUSTRIES INC at higher leverage than the typical peer. Overall balance sheet health is adequate for the current business environment.
Above 50MA
37.18%
Net New Highs
+51081
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