NPK  National Presto Industries Inc...

Exchange

NYSE

Sector

Capital Goods

Industry

Ordnance And Accessories

Market Cap.

530.0M

Potential Competitive Advantage over the past 10 years

NPK potentially has a competitive advantage. This could be strong branding, the ability to keep costs low, or some other characteristic that is hard to replicate. Look at its future prospects to determine sustainability and whether the economic moat will strengthen.

$10.37 of every $100 of Revenue have been pure profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Net Income 8.69M 15.48M 15.44M 18.97M 27.96M 38.62M 44.18M 62.58M 63.53M 47.97M
divided by
Revenue 133.73M 133.84M 158.96M 184.57M 304.68M 420.72M 448.23M 478.47M 479.00M 431.02M
Net Profit Margin 6.50% 11.56% 9.71% 10.28% 9.18% 9.18% 9.86% 13.08% 13.26% 11.13%

Inconsistent Gross Profit Margins over the past 10 years

NPK has good gross profit margins, however inconsistency of these margins is a cause for concern. Look at reasons for this inconsistency to determine the likelihood of future sustainability.

$30.91 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Gross Profit 37.24M 45.55M 40.07M 38.28M 56.34M 76.36M 80.21M 110.09M 113.57M 431.02M
divided by
Revenue 133.73M 133.84M 158.96M 184.57M 304.68M 420.72M 448.23M 478.47M 479.00M 431.02M
Gross Margin 27.85% 34.04% 25.21% 20.74% 18.49% 18.15% 17.90% 23.01% 23.71% 100.00%

Medium Capital Intensity over the past 10 years

NPK has used a reasonable amount of their financial resources to invest in facilities and equipment required to produce its goods and services. This isn't perfect, but it shouldn't be an area of concern unless this number is strongly trending upwards.

43.04% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Capital Expenditure 3.41M 2.90M 28.19M 13.83M 7.27M 6.22M 4.37M 3.34M 17.97M 15.00M
divided by
Net Income 8.69M 15.48M 15.44M 18.97M 27.96M 38.62M 44.18M 62.58M 63.53M 47.97M
Capital Expenditure Ratio 39.22% 18.76% 182.55% 72.93% 26.01% 16.11% 9.89% 5.33% 28.29% 31.28%