Espey Mfg. & Electronics Corp. (ESP) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Electrical Equipment & Parts
EV/EBITDA
↓
19.09
↓-73% vs avg
5yr avg: 69.70
30Y Low4.8·High27.0
P/FCF
↓
10.99
↓-51% vs avg
5yr avg: 22.46
30Y Low5.3·High146.8
P/B Ratio
↑
3.23
↑+126% vs avg
5yr avg: 1.43
30Y Low0.6·High2.4
ROE
↑
17.7%
↓+88% vs avg
5yr avg: 9.4%
30Y Low-3%·High18%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ESP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Espey Mfg. & Electronics Corp. trades at 20.2x earnings, 28% above its 5-year average of 15.8x, sitting at the 57th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 21%. On a free-cash-flow basis, the stock trades at 11.0x P/FCF, 51% below the 5-year average of 22.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $183M | $123M | $54M | $41M | $35M | $36M | $42M | $59M | $63M | $52M | $60M |
| Enterprise Value | $164M | $104M | $50M | $39M | $27M | $29M | $36M | $58M | $59M | $42M | $50M |
| P/E Ratio → | 20.19 | 15.14 | 9.28 | 11.24 | 27.38 | — | 35.35 | 25.26 | 20.48 | 45.76 | 18.85 |
| P/S Ratio | 4.16 | 2.80 | 1.39 | 1.16 | 1.08 | 1.29 | 1.32 | 1.62 | 1.94 | 2.31 | 2.18 |
| P/B Ratio | 3.23 | 2.42 | 1.31 | 1.15 | 1.08 | 1.18 | 1.33 | 1.85 | 1.88 | 1.63 | 1.85 |
| P/FCF | 10.99 | 7.41 | 9.93 | 12.22 | 18.07 | 64.67 | 7.21 | — | — | 8.59 | 10.94 |
| P/OCF | 8.70 | 5.87 | 5.09 | 10.61 | 15.60 | 59.94 | 6.95 | — | 241.48 | 8.12 | 10.40 |
P/E links to full P/E history page with 30-year chart
ESP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Espey Mfg. & Electronics Corp.'s enterprise value stands at 19.1x EBITDA, 73% below its 5-year average of 69.7x. The Industrials sector median is 13.9x, placing the stock at a 37% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.37 | 1.28 | 1.09 | 0.83 | 1.04 | 1.15 | 1.58 | 1.81 | 1.87 | 1.81 |
| EV / EBITDA | 19.09 | 12.17 | 7.09 | 8.08 | 13.11 | 308.09 | 20.74 | 18.06 | 13.71 | 21.44 | 10.43 |
| EV / EBIT | 20.16 | 12.84 | 7.58 | 8.99 | 17.35 | — | 30.80 | 21.74 | 15.23 | 27.56 | 11.48 |
| EV / FCF | — | 6.28 | 9.13 | 11.41 | 13.84 | 52.33 | 6.28 | — | — | 6.93 | 9.10 |
ESP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Espey Mfg. & Electronics Corp. earns an operating margin of 18.5%, above the Industrials sector average of 4.3%. Operating margins have expanded from 12.1% to 18.5% over the past 3 years, signaling improving operational efficiency. ROE of 17.7% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 17.7% represents solid returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.9% | 28.9% | 27.5% | 22.6% | 17.0% | 12.1% | 17.6% | 19.4% | 23.6% | 20.9% | 26.8% |
| Operating Margin | 18.5% | 18.5% | 16.9% | 12.1% | 4.8% | -1.5% | 3.7% | 7.3% | 11.9% | 6.8% | 15.8% |
| Net Profit Margin | 18.5% | 18.5% | 15.0% | 10.3% | 3.9% | -0.7% | 3.7% | 6.4% | 9.5% | 5.0% | 11.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.7% | 17.7% | 15.1% | 10.8% | 4.1% | -0.6% | 3.7% | 7.2% | 9.4% | 3.5% | 10.0% |
| ROA | 12.0% | 12.0% | 11.2% | 8.4% | 3.2% | -0.5% | 3.1% | 6.5% | 8.5% | 3.2% | 9.2% |
| ROIC | 17.7% | 17.7% | 14.0% | 11.3% | 4.8% | -1.3% | 3.1% | 6.7% | 11.3% | 5.2% | 14.7% |
| ROCE | 17.6% | 17.6% | 16.9% | 12.6% | 4.9% | -1.4% | 3.7% | 8.1% | 11.7% | 4.7% | 13.6% |
ESP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $19M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.37 | -0.11 | -0.08 | -0.25 | -0.22 | -0.17 | -0.05 | -0.13 | -0.32 | -0.31 |
| Net Debt / EBITDA | -2.20 | -2.20 | -0.62 | -0.57 | -4.00 | -72.62 | -3.10 | -0.46 | -1.00 | -5.13 | -2.10 |
| Debt / FCF | — | -1.13 | -0.80 | -0.81 | -4.23 | -12.34 | -0.94 | — | — | -1.66 | -1.83 |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($19M) exceeds total debt ($0)
ESP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Espey Mfg. & Electronics Corp.'s current ratio of 2.66x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.03x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.89x to 2.66x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.66 | 2.66 | 3.49 | 3.89 | 4.87 | 4.68 | 5.15 | 9.14 | 10.24 | 9.84 | 17.25 |
| Quick Ratio | 2.03 | 2.03 | 2.23 | 2.16 | 2.43 | 2.17 | 2.96 | 5.35 | 6.73 | 6.98 | 11.48 |
| Cash Ratio | 1.54 | 1.54 | 1.52 | 1.28 | 1.55 | 1.32 | 1.56 | 2.05 | 4.92 | 5.77 | 8.39 |
| Asset Turnover | — | 0.56 | 0.69 | 0.75 | 0.80 | 0.73 | 0.83 | 1.02 | 0.89 | 0.63 | 0.80 |
| Inventory Turnover | 1.75 | 1.75 | 1.46 | 1.38 | 1.43 | 1.30 | 1.76 | 2.22 | 2.20 | 1.84 | 1.87 |
| Days Sales Outstanding | — | 63.11 | 62.52 | 59.39 | 65.18 | 73.74 | 104.35 | 110.02 | 50.96 | 57.05 | 70.24 |
ESP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Espey Mfg. & Electronics Corp. returns 1.6% to shareholders annually primarily through dividends. The payout ratio of 31.9% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 5.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.6% | 2.1% | 3.1% | 1.2% | — | 3.4% | 5.8% | 8.0% | 3.7% | 4.4% | 4.8% |
| Payout Ratio | 31.9% | 31.9% | 28.9% | 13.3% | — | — | 205.2% | 202.2% | 75.7% | 203.2% | 89.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.0% | 6.6% | 10.8% | 8.9% | 3.7% | — | 2.8% | 4.0% | 4.9% | 2.2% | 5.3% |
| FCF Yield | 9.1% | 13.5% | 10.1% | 8.2% | 5.5% | 1.5% | 13.9% | — | — | 11.6% | 9.1% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.2% | 0.1% | 0.6% |
| Total Shareholder Yield | 1.6% | 2.1% | 3.1% | 1.2% | 0.0% | 3.4% | 5.9% | 8.1% | 3.9% | 4.5% | 5.3% |
| Shares Outstanding | — | $3M | $3M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M |
Peer Comparison
Compare ESP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ESPYou | $183M | 20.2 | 19.1 | 11.0 | 28.9% | 18.5% | 17.7% | 17.7% | — |
 DRS | $12B | 44.7 | 27.5 | 54.2 | 23.2% | 9.5% | 10.5% | 10.5% | 1.1 |
 KTOS | $10B | 417.0 | 112.5 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 VSEC | $5B | 87.0 | 32.0 | 877.8 | 11.9% | 11.2% | 4.4% | 5.9% | 2.1 |
 LHX | $55B | 34.6 | 18.8 | 20.5 | 25.7% | 10.0% | 8.2% | 5.4% | 3.1 |
 AEIS | $14B | 97.0 | 54.7 | 112.5 | 37.2% | 10.9% | 11.6% | 12.2% | 2.6 |
 BWXT | $19B | 57.2 | 47.0 | 63.7 | 22.9% | 10.1% | 28.5% | 10.1% | 4.7 |
 DLB | $5B | 20.0 | 11.9 | 11.6 | 88.1% | 19.6% | 10.0% | 10.1% | 0.1 |
 VSAT | $9B | -256.5 | 9.5 | 14.7 | 27.4% | 2.3% | -0.7% | 0.8% | 4.7 |
 MRCY | $7B | -175.2 | 114.9 | 57.4 | 27.9% | -2.2% | -2.6% | -0.8% | 10.3 |
 RTX | $250B | 37.4 | 21.9 | 31.5 | 20.1% | 10.0% | 10.4% | 6.7% | 3.1 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 31.9% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
ESP — Frequently Asked Questions
Quick answers to the most common questions about buying ESP stock.
What is Espey Mfg. & Electronics Corp.'s P/E ratio?
Espey Mfg. & Electronics Corp.'s current P/E ratio is 20.2x. The historical average is 22.6x. This places it at the 57th percentile of its historical range.
What is Espey Mfg. & Electronics Corp.'s EV/EBITDA?
Espey Mfg. & Electronics Corp.'s current EV/EBITDA is 19.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.5x.
What is Espey Mfg. & Electronics Corp.'s ROE?
Espey Mfg. & Electronics Corp.'s return on equity (ROE) is 17.7%. The historical average is 7.1%.
Is ESP stock overvalued?
Based on historical data, Espey Mfg. & Electronics Corp. is trading at a P/E of 20.2x. This is at the 57th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Espey Mfg. & Electronics Corp.'s dividend yield?
Espey Mfg. & Electronics Corp.'s current dividend yield is 1.58% with a payout ratio of 31.9%.
What are Espey Mfg. & Electronics Corp.'s profit margins?
Espey Mfg. & Electronics Corp. has 28.9% gross margin and 18.5% operating margin. Operating margin between 10-20% is typical for established companies.