Professional
Added to YB: 2024-04-25
Pitch date: 2024-03-31
PKE [bullish]
Park Aerospace Corp.
+69.41%
current return
Author Info
No bio for this author
Company Info
Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe.
Market Cap
$573.8M
Pitch Price
$15.51
Price Target
N/A
Dividend
1.90%
EV/EBITDA
23.97
P/E
37.15
EV/Sales
5.70
Sector
Aerospace and Defense
Category
growth
Cove Street Capital New Portfolio Holding: Park Aerospace Corp.
PKE: Composite materials for aerospace, main customer GE. Clear path to 2x revenue, 3x EBITDA medium-term based on A320neo, PP20 build rates. Earnings to expand significantly with minimal capex. Solid base for multiple expansion on rising cashflow.
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