Park Aerospace Corp. (PKE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-46.1%

$14.08

vs $26.13 price

Levered DCF

$11.18

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

28.93

Safe zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	50.91×	47×	40.76×	31.25×	33.83×	58.96×	29.6×	3.11×
P/B	4.38×	2.56×	2.71×	2.87×	2.09×	2.12×	2.01×	2.22×
P/S	7.77×	4.42×	5.47×	6.15×	5.29×	6.23×	4.75×	6.9×
EV / EBITDA	29.05×	22.25×	27.67×	27×	21.14×	30.02×	22.81×	31.31×
Gross margin	30.9%	28.4%	29.5%	30.5%	33.4%	28.5%	31.1%	31.7%
Operating margin	18.4%	15.1%	15.0%	18.4%	21.3%	15.3%	17.9%	14.1%
Net margin	15.4%	9.5%	13.3%	19.9%	15.8%	10.5%	15.9%	222.1%
Current ratio	18.24×	9.75×	10.23×	4.37×	20.1×	16.56×	16.68×	15.05×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	1.7%	3.7%	10.0%	2.5%	2.9%	2.8%	10.1%	26.9%
Payout ratio	88.4%	171.0%	409.8%	76.3%	96.5%	167.6%	300.7%	83.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.7%	5.5%	6.6%	9.3%	6.2%	3.6%	6.7%	71.4%
Return on invested capital	7.4%	5.1%	5.4%	7.4%	5.3%	3.2%	4.8%	3.2%
Return on assets	7.9%	4.8%	5.6%	6.7%	5.3%	3.0%	5.6%	60.1%
Free cash flow yield	1.7%	1.4%	1.2%	1.6%	1.4%	1.9%	-0.6%	1.4%
Earnings yield	2.0%	2.1%	2.4%	3.2%	3.0%	1.7%	3.3%	32.2%
Enterprise value	$491.1M	$252.7M	$299.8M	$328.5M	$270.7M	$247M	$280.3M	$281.8M
Net debt / EBITDA	-4.63×	-1.87×	-0.59×	-0.33×	-0.98×	-5.04×	-0.41×	-7.89×
Cash conversion cycle (days)	82	115	107	89	79	77	81	89