Park Electrochemical Stock Story


USD 12.33  0.06  0.48%   

Park Electrochemical Corp is scheduled to announce its earnings tomorrow. Park Electrochemical Average Equity is projected to increase significantly based on the last few years of reporting. The past year's Average Equity was at 284.44 Million. The current year Invested Capital is expected to grow to about 170.7 M, whereas Enterprise Value is forecasted to decline to about 358.7 M. Although many aggressive traders are getting into industrials space, Park Electrochemical Corp may or may not be your first choice. We will check if the company can maintain a respectable level of debt while minimizing operating losses.
Published over a month ago
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Will latest Park Electrochemical (NYSE:PKE) debt levels change next week?

Park Electrochemical Corp has 367 K in debt with debt to equity (D/E) ratio of 0.0, which may show that Park Electrochemical is not taking advantage of profits from borrowing.
Park Electrochemical has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.6706, which implies possible diversification benefits within a given portfolio. Let's try to break down what Park Electrochemical's beta means in this case. As returns on the market increase, Park Electrochemical returns are expected to increase less than the market. However, during the bear market, the loss on holding Park Electrochemical will be expected to be smaller as well. Although it is important to respect Park Electrochemical Corp current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Park Electrochemical Corp technical indicators, you can presently evaluate if the expected return of 0.0794% will be sustainable into the future. Park Electrochemical Corp right now holds a risk of 1.57%. Please check Park Electrochemical Corp expected short fall, and the relationship between the value at risk and daily balance of power to decide if Park Electrochemical Corp will be following its historical price patterns.
Park Electrochemical financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Park Electrochemical, including all of Park Electrochemical's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Park Electrochemical assets, the company is considered highly leveraged. Understanding the composition and structure of overall Park Electrochemical debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it.
Please read more on our technical analysis page.

Understanding Park Electrochemical Total Liabilities

Park Electrochemical Corp liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Park Electrochemical Corp has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Park Electrochemical balance sheet include debt obligations and money owed to different Park Electrochemical vendors, workers, and loan providers. Below is the chart of Park Electrochemical short long-term liabilities accounts currently reported on its balance sheet.
You can use Park Electrochemical Corp financial leverage analysis tool to get a better grip on understanding its financial position

How important is Park Electrochemical's Liquidity

Park Electrochemical financial leverage refers to using borrowed capital as a funding source to finance Park Electrochemical Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Park Electrochemical financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Park Electrochemical's total debt and its cash.

A Deeper Perspective On Park Electrochemical

The entity reported the last year's revenue of 55.52 M. Total Income to common stockholders was 7.54 M with profit before taxes, overhead, and interest of 13.19 M.

Asset Breakdown

64.3 M
Assets Non Current
136.2 M
Current Assets
Total Assets170.74 Million
Current Assets136.2 Million
Assets Non Current64.31 Million
Goodwill11.29 Million

Momentum Analysis of Park Electrochemical suggests possible reversal in August

Variance is down to 2.58. It may indicate a possible volatility dip.
As of the 6th of July, Park Electrochemical holds the coefficient of variation of (3,574), and Risk Adjusted Performance of (0.038553). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Park Electrochemical, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Park Electrochemical Corp, which can be compared to its competitors. Please check Park Electrochemical Corp information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Park Electrochemical Corp is priced some-what accurately, providing market reflects its current price of 12.67 per share. Given that Park Electrochemical has jensen alpha of 0.0759, we recommend you to check out Park Electrochemical Corp's recent market performance to make sure the company can sustain itself at a future point.

Our Conclusion on Park Electrochemical

Although some other firms within the aerospace & defense industry are still a little expensive, even after the recent corrections, Park Electrochemical may offer a potential longer-term growth to shareholders. To conclude, as of the 6th of July 2022, our analysis shows that Park Electrochemical follows the market closely. The firm is undervalued and projects close to average probability of bankruptcy for the next 2 years. Our concluding 90 days advice on the firm is Strong Buy.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Park Electrochemical Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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