Company Quick10K Filing
National Presto Industries
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 7 $779
10-Q 2019-11-22 Quarter: 2019-06-30
10-Q 2019-05-10 Quarter: 2019-03-31
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-11-09 Quarter: 2018-09-30
10-Q 2018-08-10 Quarter: 2018-07-01
10-Q 2018-05-11 Quarter: 2018-04-01
10-K 2018-03-16 Annual: 2017-12-31
10-Q 2017-11-13 Quarter: 2017-10-01
10-Q 2017-08-11 Quarter: 2017-07-02
10-Q 2017-05-12 Quarter: 2017-04-02
10-K 2017-03-16 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-10-02
10-Q 2016-08-12 Quarter: 2016-07-03
10-Q 2016-05-13 Quarter: 2016-04-03
10-K 2016-03-15 Annual: 2015-12-31
10-Q 2015-11-13 Quarter: 2015-10-04
10-Q 2015-08-14 Quarter: 2015-07-05
10-Q 2015-05-15 Quarter: 2015-04-05
10-K 2015-03-16 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-28
10-Q 2014-08-08 Quarter: 2014-06-29
10-Q 2014-05-09 Quarter: 2014-03-30
10-K 2014-03-17 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-29
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-03-18 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-10 Quarter: 2012-07-01
10-Q 2012-05-11 Quarter: 2012-04-01
10-K 2012-03-15 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-10-02
10-Q 2011-08-12 Quarter: 2011-07-03
10-Q 2011-05-13 Quarter: 2011-04-03
10-K 2011-03-16 Annual: 2010-12-31
10-Q 2010-11-12 Quarter: 2010-10-02
10-Q 2010-08-12 Quarter: 2010-07-04
10-Q 2010-05-14 Quarter: 2010-04-04
10-K 2010-03-16 Annual: 2009-12-31
8-K 2019-08-15 Exhibits
8-K 2019-07-23 Other Events, Exhibits
8-K 2019-05-21 Officers, Shareholder Vote, Exhibits
8-K 2019-04-26 Earnings, Exhibits
8-K 2019-03-25 Other Events, Exhibits
8-K 2019-02-15 Earnings, Exhibits
8-K 2018-12-11 Officers, Exhibits
8-K 2018-10-26 Earnings, Exhibits
8-K 2018-10-17 Other Events, Exhibits
8-K 2018-09-26 Other Events, Exhibits
8-K 2018-07-27 Earnings, Exhibits
8-K 2018-05-15 Shareholder Vote, Exhibits
8-K 2018-04-27 Earnings, Exhibits
8-K 2018-04-19 Other Events, Exhibits
8-K 2018-02-26 Other Events, Exhibits
8-K 2018-02-09 Earnings, Exhibits

National Presto Industries Financials

NPK Metrics, Comps, Filings

Annual | Quarterly

Business

The business of National Presto Industries, Inc. (the “Company" or “National Presto”) consists of two business segments. For a further discussion of the Company’s business, the segments in which it operates, and financial information about the segments, please refer to Note L to the Consolidated Financial Statements. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics, and comfort appliances. The Defense segment manufactures 40mm ammunition, precision mechanical and electro-mechanical assemblies, medium caliber cartridge cases; performs Load, Assemble and Pack (LAP) operations on ordnance-related products primarily for the U.S. Government and prime contractors; and manufactures detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials.

On January 3, 2017, the Company and its wholly-owned subsidiary, Presto Absorbent Products, Inc. (“PAPI”), entered into an asset purchase agreement wherein substantially all PAPI assets were sold and certain liabilities were assigned to Drylock Technologies, LTD. (“Drylock”) in exchange for $68,448,000. The proceeds amount differs from the amount originally disclosed because of the customary post-closing adjustments that were finalized during the second quarter of 2017, totaling $1,448,000. The asset purchase agreement also provided for additional proceeds of $4,000,000 upon the sale of certain delayed assets, consisting of machinery and equipment that were the subject of an involuntary conversion. The sale of the delayed assets was consummated during the second quarter of 2018 and resulted in no gain or loss. As a result of the aforementioned transactions, the Company classified its results of operations for all periods presented to reflect its Absorbent Products business as a discontinued operation and classified the assets and liabilities of its Absorbent Products business as held for sale. See Note P for further discussion. The operations of PAPI previously comprised the Company’s Absorbent Products segment which manufactured and sold private label and branded adult incontinence products.

Housewares and electrical appliances sold by the Company include pressure cookers and canners; the Presto Control Master® heat control single thermostatic control line of skillets in several sizes, griddles, woks and multi-purpose cookers; slow cookers; deep fryers of various sizes; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; corn poppers (hot air, oil, and microwave); dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; a line of kitchen gadgets; and timers. Pressure cookers and canners are available in various sizes and are fabricated of aluminum and, in the case of cookers, of stainless steel, as well. Currently, sales include fire extinguishers sold by its subsidiary, Rusoh, Inc.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Axon Enterprise (AAXN) 4,398,000 59% 142.5 2% 746,370 257,443 447,799 265,456 14,951 29,313 4,176,707
Sturm Ruger & Co (RGR) 952,967 26% 9.9 13% 320,917 45,077 446,433 116,839 40,746 93,413 920,747
Systemax (SYX) 839,864 34% 3.2 56% 389,500 233,400 934,300 321,500 216,200 234,900 749,064
Gorman Rupp (GRC) 829,711 26% 12.4 10% 380,596 75,247 411,092 105,355 37,891 62,120 767,546
Quanterix (QTRX) 817,520 50% -20.4 -34% 109,408 34,663 47,341 23,742 -36,959 -36,889 752,157
Nanometrics (NANO) 808,868 54% 16.6 8% 391,099 62,119 288,326 154,632 30,495 42,964 714,832
US Concrete (USCR) 798,844 10% 8.8 1% 1,449,700 1,105,100 1,474,967 143,699 17,179 169,818 1,490,744
MI Homes (MHO) 794,947 5% 4.7 5% 2,089,206 1,184,966 2,395,122 130,039 109,658 165,771 774,554
National Presto Industries (NPK) 779,466 22% 13.3 10% 376,541 45,872 310,341 69,483 37,559 53,827 717,731
Century Communities (CCS) 772,169 0% 6.5 3% 2,410,373 1,513,144 2,366,682 0 75,855 113,118 737,412
Malibu Boats (MBUU) 770,730 24% 8.0 15% 451,314 240,961 684,016 166,270 69,701 107,473 856,971
William Lyon Homes (WLH) 759,302 6% 9.4 4% 2,946,122 1,919,720 2,115,684 123,283 104,873 225,973 2,135,160
NCI Building Systems (NCS) 758,135 22% 13.4 0% 5,653,740 4,745,536 3,482,448 757,262 21,057 298,512 4,007,800
Global Brass & Copper Holdings (BRSS) 750,420 11% 8.0 8% 720,900 516,400 1,723,900 190,300 60,700 118,700 952,120
Cooper-Standard Holdings (CPS) 726,925 13% 3.9 6% 2,704,834 1,745,682 3,378,484 446,837 151,441 295,306 1,150,839
Griffon (GFF) 713,933 27% 9.8 1% 2,111,459 1,623,294 2,180,630 587,738 19,774 186,616 1,837,247
Vista Outdoor (VSTO) 469,857 20% -2.8 -30% 1,861,301 1,266,352 1,989,466 397,428 -564,075 -438,740 1,207,938
American Outdoor Brands (AOBC) 450,077 36% 6.9 1% 772,455 329,397 623,109 221,663 8,657 74,722 518,812
Wrap Technologies (WRTC)

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash73,99537,43722,95354,04356,22227,03411,22256,847
Accounts Receivable73,63476,44384,32268,75267,52867,28565,22052,372
Inventory94,50683,36492,51489,05898,62295,403104,43993,988
PP&E64,26861,865155,87295,54391,30649,47545,16839,143
Assets411,641353,912393,540378,359387,384417,594411,873413,618
Accounts Payable48,34439,07738,32332,94832,53639,58428,44534,100
Long-Term Debt
Liabilities75,35163,34160,98952,91648,13067,35845,49747,495
Stockholders' Equity336,290290,571332,551325,443339,254350,236366,376366,123
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue431,021472,490420,188412,363427,690341,905333,633323,317
Cost of Revenue337,262377,627340,836335,162338,113256,243246,399247,434
Gross Profit93,75994,86379,35277,20189,57785,66287,23475,883
R&D
SG&A19,77535,14421,89823,21624,01022,42922,90023,286
Tax27,05721,54919,07617,41121,93017,27821,97112,450
Net Income47,96838,87541,25226,47740,49644,56452,95939,940
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating58,68662,34224,21973,21346,27566,37624,27876,248
Cash Investing21,816-13,578-38,703-7,531-16,300-60,846-2,09010,844
Cash Financing-56,226-85,322-34,592-27,796-34,718-38,000-41,467