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Added to YB: 2024-04-25

Pitch date: 2024-03-31

PKE [bullish]

Park Aerospace Corp.

+29.93%

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

$380.2M

Pitch Price

$15.79

Price Target

N/A

Dividend

2.62%

EV/EBITDA

26.24

P/E

53.09

EV/Sales

5.05

Sector

Aerospace and Defense

Category

growth

Show full summary:
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.

Read full article (1 min)