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Added to YB: 2025-07-09

Pitch date: 2025-07-07

BUKS [neutral]

Butler National Corporation

+80.98%

current return

Author Info

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Company Info

Butler National Corporation designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.

Market Cap

$160.4M

Pitch Price

$1.52

Price Target

3.50 (+27%)

Dividend

N/A

EV/EBITDA

6.59

P/E

11.46

EV/Sales

1.96

Sector

Aerospace and Defense

Category

special_situation

Show full summary:
Butler National: Why Recent Results and Industry Trends Bolster the Bull Case

BUKS (update): Aerospace/casino holding co down to $1.50 despite strong FY25: $84M rev (+7%), $16.8M op income (+27%), driven by aerospace +15% growth w/ $33.6M backlog. Gaming flat. SOTP valuation: $3.50/sh (2x current) via $141M casino (10x EBITDA) + $105M aerospace (9x EBITDA). Mgmt reorg signals likely casino spin-off soon, enabling pure-play aerospace re-rating.

Read full article (7 min)