Electrical Equipment & Parts
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Side-by-side financial analysisStock Comparison
ESP vs LHX
Revenue, margins, valuation, and 5-year total return — side by side.
Aerospace & Defense
ESP vs LHX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Electrical Equipment & Parts | Aerospace & Defense |
| Market Cap | $183M | $55.07B |
| Revenue (TTM) | $42M | $22.48B |
| Net Income (TTM) | $11M | $1.73B |
| Gross Margin | 36.5% | 24.5% |
| Operating Margin | 25.4% | 10.0% |
| Forward P/E | 16.2x | 25.4x |
| Total Debt | $0.00 | $10.44B |
| Cash & Equiv. | $19M | $1.07B |
ESP vs LHX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 20 | Jun 26 | Return |
|---|---|---|---|
| Espey Mfg. & Electr… (ESP) | 100 | 352.0 | +252.0% |
| L3Harris Technologi… (LHX) | 100 | 173.8 | +73.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ESP vs LHX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ESP carries the broadest edge in this set and is the clearest fit for growth exposure and valuation efficiency.
- Rev growth 13.5%, EPS growth 31.9%, 3Y rev CAGR 11.0%
- PEG 0.37 vs LHX's 2.42
- 13.5% revenue growth vs LHX's 2.5%
LHX is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 24 yrs, beta 0.38, yield 1.6%
- 299.1% 10Y total return vs ESP's 167.4%
- Lower volatility, beta 0.38, Low D/E 53.2%, current ratio 1.19x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.5% revenue growth vs LHX's 2.5% | |
| Value | Lower P/E (16.2x vs 25.4x), PEG 0.37 vs 2.42 | |
| Quality / Margins | 25.5% margin vs LHX's 7.7% | |
| Stability / Safety | Beta 0.38 vs ESP's 0.74 | |
| Dividends | 1.6% yield, 24-year raise streak, vs ESP's 1.6% | |
| Momentum (1Y) | +53.2% vs LHX's +20.5% | |
| Efficiency (ROA) | 12.5% ROA vs LHX's 4.2%, ROIC 17.7% vs 5.4% |
ESP vs LHX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ESP vs LHX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ESP leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LHX is the larger business by revenue, generating $22.5B annually — 532.0x ESP's $42M. ESP is the more profitable business, keeping 25.5% of every revenue dollar as net income compared to LHX's 7.7%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $42M | $22.5B |
| EBITDAEarnings before interest/tax | $11M | $3.3B |
| Net IncomeAfter-tax profit | $11M | $1.7B |
| Free Cash FlowCash after capex | $4M | $2.6B |
| Gross MarginGross profit ÷ Revenue | +36.5% | +24.5% |
| Operating MarginEBIT ÷ Revenue | +25.4% | +10.0% |
| Net MarginNet income ÷ Revenue | +25.5% | +7.7% |
| FCF MarginFCF ÷ Revenue | +10.4% | +11.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +10.9% | +11.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +57.1% | +33.3% |
Valuation Metrics
ESP leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 20.2x trailing earnings, ESP trades at a 42% valuation discount to LHX's 34.6x P/E. Adjusting for growth (PEG ratio), ESP offers better value at 0.46x vs LHX's 3.29x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $183M | $55.1B |
| Enterprise ValueMkt cap + debt − cash | $164M | $64.4B |
| Trailing P/EPrice ÷ TTM EPS | 20.19x | 34.56x |
| Forward P/EPrice ÷ next-FY EPS est. | 16.17x | 25.36x |
| PEG RatioP/E ÷ EPS growth rate | 0.46x | 3.29x |
| EV / EBITDAEnterprise value multiple | 19.09x | 18.85x |
| Price / SalesMarket cap ÷ Revenue | 4.16x | 2.52x |
| Price / BookPrice ÷ Book value/share | 3.23x | 2.83x |
| Price / FCFMarket cap ÷ FCF | 10.99x | 20.53x |
Profitability & Efficiency
ESP leads this category, winning 6 of 7 comparable metrics.
Profitability & Efficiency
ESP delivers a 20.4% return on equity — every $100 of shareholder capital generates $20 in annual profit, vs $9 for LHX. On the Piotroski fundamental quality scale (0–9), LHX scores 9/9 vs ESP's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +20.4% | +8.9% |
| ROA (TTM)Return on assets | +12.5% | +4.2% |
| ROICReturn on invested capital | +17.7% | +5.4% |
| ROCEReturn on capital employed | +17.6% | +6.4% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 9 |
| Debt / EquityFinancial leverage | — | 0.53x |
| Net DebtTotal debt minus cash | -$19M | $9.4B |
| Cash & Equiv.Liquid assets | $19M | $1.1B |
| Total DebtShort + long-term debt | $0 | $10.4B |
| Interest CoverageEBIT ÷ Interest expense | — | 4.41x |
Total Returns (Dividends Reinvested)
ESP leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ESP five years ago would be worth $43,352 today (with dividends reinvested), compared to $14,523 for LHX. Over the past 12 months, ESP leads with a +53.2% total return vs LHX's +20.5%. The 3-year compound annual growth rate (CAGR) favors ESP at 54.7% vs LHX's 16.5% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +31.1% | -2.4% |
| 1-Year ReturnPast 12 months | +53.2% | +20.5% |
| 3-Year ReturnCumulative with dividends | +270.2% | +58.2% |
| 5-Year ReturnCumulative with dividends | +333.5% | +45.2% |
| 10-Year ReturnCumulative with dividends | +167.4% | +299.1% |
| CAGR (3Y)Annualised 3-year return | +54.7% | +16.5% |
Risk & Volatility
Evenly matched — ESP and LHX each lead in 1 of 2 comparable metrics.
Risk & Volatility
LHX is the less volatile stock with a 0.38 beta — it tends to amplify market swings less than ESP's 0.74 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ESP currently trades 81.5% from its 52-week high vs LHX's 77.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.74x | 0.38x |
| 52-Week HighHighest price in past year | $74.77 | $379.23 |
| 52-Week LowLowest price in past year | $36.00 | $243.84 |
| % of 52W HighCurrent price vs 52-week peak | +81.5% | +77.7% |
| RSI (14)Momentum oscillator 0–100 | 47.7 | 51.8 |
| Avg Volume (50D)Average daily shares traded | 34K | 1.2M |
Analyst Outlook
LHX leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates ESP as "Hold" and LHX as "Buy". For income investors, LHX offers the higher dividend yield at 1.63% vs ESP's 1.58%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | — | $347.33 |
| # AnalystsCovering analysts | 3 | 32 |
| Dividend YieldAnnual dividend ÷ price | +1.6% | +1.6% |
| Dividend StreakConsecutive years of raises | 0 | 24 |
| Dividend / ShareAnnual DPS | $0.96 | $4.79 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +2.1% |
ESP leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). LHX leads in 1 (Analyst Outlook). 1 tied.
ESP vs LHX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is ESP or LHX a better buy right now?
For growth investors, Espey Mfg.
& Electronics Corp. (ESP) is the stronger pick with 13. 5% revenue growth year-over-year, versus 2. 5% for L3Harris Technologies, Inc. (LHX). Espey Mfg. & Electronics Corp. (ESP) offers the better valuation at 20. 2x trailing P/E (16. 2x forward), making it the more compelling value choice. Analysts rate L3Harris Technologies, Inc. (LHX) a "Buy" — based on 32 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — ESP or LHX?
On trailing P/E, Espey Mfg.
& Electronics Corp. (ESP) is the cheapest at 20. 2x versus L3Harris Technologies, Inc. at 34. 6x. On forward P/E, Espey Mfg. & Electronics Corp. is actually cheaper at 16. 2x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Espey Mfg. & Electronics Corp. wins at 0. 37x versus L3Harris Technologies, Inc. 's 2. 42x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — ESP or LHX?
Over the past 5 years, Espey Mfg.
& Electronics Corp. (ESP) delivered a total return of +333. 5%, compared to +45. 2% for L3Harris Technologies, Inc. (LHX). Over 10 years, the gap is even starker: LHX returned +299. 1% versus ESP's +167. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ESP or LHX?
By beta (market sensitivity over 5 years), L3Harris Technologies, Inc.
(LHX) is the lower-risk stock at 0. 38β versus Espey Mfg. & Electronics Corp. 's 0. 74β — meaning ESP is approximately 92% more volatile than LHX relative to the S&P 500.
05Which is growing faster — ESP or LHX?
By revenue growth (latest reported year), Espey Mfg.
& Electronics Corp. (ESP) is pulling ahead at 13. 5% versus 2. 5% for L3Harris Technologies, Inc. (LHX). On earnings-per-share growth, the picture is similar: Espey Mfg. & Electronics Corp. grew EPS 31. 9% year-over-year, compared to 8. 4% for L3Harris Technologies, Inc.. Over a 3-year CAGR, ESP leads at 11. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — ESP or LHX?
Espey Mfg.
& Electronics Corp. (ESP) is the more profitable company, earning 18. 5% net margin versus 7. 3% for L3Harris Technologies, Inc. — meaning it keeps 18. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ESP leads at 18. 5% versus 10. 0% for LHX. At the gross margin level — before operating expenses — ESP leads at 28. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is ESP or LHX more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Espey Mfg. & Electronics Corp. (ESP) is the more undervalued stock at a PEG of 0. 37x versus L3Harris Technologies, Inc. 's 2. 42x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Espey Mfg. & Electronics Corp. (ESP) trades at 16. 2x forward P/E versus 25. 4x for L3Harris Technologies, Inc. — 9. 2x cheaper on a one-year earnings basis.
08Which pays a better dividend — ESP or LHX?
All stocks in this comparison pay dividends.
L3Harris Technologies, Inc. (LHX) offers the highest yield at 1. 6%, versus 1. 6% for Espey Mfg. & Electronics Corp. (ESP).
09Is ESP or LHX better for a retirement portfolio?
For long-horizon retirement investors, L3Harris Technologies, Inc.
(LHX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 38), 1. 6% yield, +299. 1% 10Y return). Both have compounded well over 10 years (LHX: +299. 1%, ESP: +167. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between ESP and LHX?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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