National Presto Industries (NPK) operates three separate businesses, each somewhat straightforward to analyze: a housewares business, an absorbents (private label diaper) business, and is a Department of Defense munitions supplier.
Adult diapers, defense supplies, and small kitchen appliances – a product portfolio both diverse and uninspiring, topped up with no-frills, relentless execution, long term contracts and transparent and shareholder friendly policies, and stellar dividend history – this is National Presto Industries Inc. (NPK) for you. The company has continued to show revenue growth and profitability through the recent economic downturn and the stock is still undervalued with forward PE less than 10. The company carries no debt, has a Price to Book ratio...
I find the business of professional investing to be very similar to the business of professional sports. In investing, the customers of a mutual fund want and deserve a competitive return on their investment for the price that they pay. ETF/Index fund guys are cheap and are willing to settle for mediocre, while others are willing to pay up for performance that hopefully exceeds mediocre but usually lags. The owner of the fund hires a manager (sometimes the...
I was reviewing my Top 20 Model Portfolio as well as a foundation that I manage, and I was kind of surprised to see how many of my names fall into the Consumer Discretionary space. I started 2009 with a big chunk of the portfolio in several different names in the sector but sold every name into the strength. Lately, we have added several names, including Buckle (BKE), Family Dollar (
I needed a stock for my more speculative Financial Tides/BarChart model portfolio VMSLO on Marketocracy so I used BarChart to screen for stocks hitting the most new highs trading under 100K shares per day. After doing some screening National Presto Industries (NPK) came up as my pick.
National Presto Industries manufactures and distributes small electrical appliances and housewares, including comfort appliances, pressure cookers and canners, private label and premium sales products. Electrical appliances and housewares sold by the company include pressure cookers and canners; the...
A couple of weeks ago, MagicDiligence looked at MFI stocks in the Forbes'Best 200 Small Companies for 2009 list. In producing that article, I thought it would be interesting to take these 200 firms as a "universe", calculate MFI earnings yield and return on capital statistics for each, and then rank them to get a Magic Formula-style list of which ones are the best combination of cheap and high quality.
The recent break gave me a chance to do just that. Before we get to the list, though, a few things should be mentioned....
In the past week, two of the most successful gurus I follow — GMO’s Jeremy Grantham and Gotham Capital’s Joel Greenblatt — have said that they are seeing a lot of value in “high-quality” stocks, as opposed to the junk-type stocks that have led the recent market surge.
In his third-quarter letter, Grantham says that U.S. “quality stocks (high, stable return and low debt)”, are now trading at “genuine outlier levels” compared to the rest of the market after the junk rally. “In our seven-year forecast the quality segment has a full seven-percentage-point lead over the whole S&P...
National Presto Industries Inc. (NPK) reported a 12.2% increase in profit for the second quarter, with the defense business leading the gain. The Eau Claire-based manufacturer of ammunition, small ...
By Chip Brian Below are the top five companies in the Housewares & Specialties industry as measured by the price to cash flow ratio. Often companies with the lowest ratio present the greatest ...
By Chip Brian Below are the top five companies in the Housewares & Specialties industry as measured by the price to cash flow ratio. Often companies with the lowest ratio present the greatest ...
By Chip Brian SmarTrend has detected shares of National Presto Industries (NYSE:NPK) have bullishly opened above the pivot of $98.47 today and have reached the first resistance level of $100.69 ...
By Chip Brian Below are the top five companies in the Housewares & Specialties industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be ...
by Motley Fool - July 24, 2010 - 0 comments Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company ...
By Chip Brian Below are the top five companies in the Housewares & Specialties industry as measured by return on equity (ROE). The ROE is a general indication of the company's efficiency ...
By Chip Brian Below are the top five companies in the Housewares & Specialties industry as measured by the price to cash flow ratio. Often companies with the lowest ratio present the greatest ...
By Chip Brian Below are the top five most-efficient companies in the Housewares & Specialties industry as ranked by Revenue Per Employee (RPE). Analysts use RPE as a measure to compare the ...
By Chip Brian Below are the top five cash rich companies in the Housewares & Specialties industry as ranked by Cash Equivalents (CE). Analysts use CE as a measure to compare the cash cushion of ...