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Espey MFG & Electronics Corp (ESP) stock

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NYSE: ESP NYSE Electronic Components Next results ~November 16, 2026

B Fundamentals grade

Espey MFG & Electronics Corp is a US-listed company in the electronic components industry. Its financial year ends in June.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$79

Cash-flow model

Base case. Range ~$63–$100 across our lower- and higher-growth cases (2%–12% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 52% above it.

Price used: $51.99, November 2, 2026

Espey MFG & Electronics Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 5 selling0 purchases and 163 sales by directors and officers, last 12 monthsInsider trades
  • Funds49 adding, 23 cuttingOf 14 active managers that changed their stake, 6 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Espey MFG & Electronics files

Where Espey MFG & Electronics stands after its latest 10-K

Revenue for the twelve months to June 2026 was $46m, up 4.9% on a year earlier, against a decline of 8.1% a quarter earlier. That puts it 18 of 20 for growth among the electronic components companies we cover. Free-cash-flow margin fell to 5.6% from 37.8% a year earlier. Operating margin widened to 25.1% from 18.5%. The diluted share count is up 6.5% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $80.29 a share, against a share price of $56.19.

Source: 10-K filed September 23, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 16, 2026 (estimated)

Espey MFG & Electronics Corp's trailing-twelve-month revenue grew 4.9% year on year, with a free-cash-flow margin of 5.6%. Where it stands out: stock pay as % of revenue of 0.5% ranks 1 of 24 electronic components companies we cover. Where it lags: revenue growth of 4.9% ranks 23 of 26 electronic components companies we cover.

Our discounted-cash-flow model values the business at ~$79 per share in the base case (~$63–$100 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 84.5% while net income grew 37.3%: a 122pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $51.99 is 52% below our value per share of $79.
  • Growth speeding up. The growth rate is 13.0 points higher than a quarter earlier.
  • High operating margin. 25.1% of revenue is left as operating profit, against a median of 9.0% for electronic components companies we cover.
  • Margins widening. Operating margin is up 6.6 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Share dilution. Diluted shares rose 6.5% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 46% and a beta of 0.9 against the S&P 500.
  • Weak cash conversion. Free cash flow was 23% of net income over the last 12 months.
  • Below peers: revenue growth. Revenue growth of 4.9% ranks 23 of 26 electronic components companies we cover (median 16.1%).

Latest results: FY2026 Q4

Filed September 23, 2026
Earnings per share
$1.15 against an average estimate of $0.96: beat by 19.8%
Revenue
$13m, up 40.4% on a year earlier
Next report
November 16, 2026; average EPS estimate $0.91

Espey MFG & Electronics' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.3%
  • 1 week-2.0%
  • 1 month-17.8%
  • This year+13.0%
  • 1 year+42.8%
  • 5 years+300.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$46.1M
Operating margin
25.1%
Net margin
24.2%
EPS (TTM, diluted)
$3.89

Growth

Revenue growth
+4.9%
Change in growth rate
+13.0 pts
Share count change
+6.5%

Cash

Free cash flow (TTM)
$2.6M
FCF margin
5.6%
Stock pay % of revenue
0.5%

Earnings

Last results
August 24, 2009

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Espey MFG & Electronics Corp valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 1.9% a year for five years.That is slower than the 10.7% a year revenue growth Espey MFG & Electronics has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in-1.9%
  • Last 12 months4.9%
  • 3 years a year9.0%
  • 5 years a year10.7%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($52.58, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$79
Price used
$52.58close November 3, 2026
Implied change
▲ +51%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Espey MFG & Electronics Corp's free cash flow after stock-based pay with after-tax interest added back ($8.5M, FY2026 Q4 TTM), growing 10% and 6.8% in the next two years (forecasts, guidance and its record), then back to 7% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$63–~$100 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Espey MFG & Electronics Corp's free cash flow after stock-based pay ( $8.5M, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Espey MFG & Electronics Corp as an operating company, with every model that fits that kind of business. Cost of equity 10.3%: the 10-year Treasury yield (4.9%) plus a beta of 1.18 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$79 ~$63–$100 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$92 ~$94–$140 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$28 ~$21–$39 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$29 ~$26–$34 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$62 ~$28–$92 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Espey MFG & Electronics Corp with Electronic Components in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −13%
  • Revenue growth 5 points higher ▲ +17%
  • Free-cash-flow margin 1 point lower ▼ −9%
  • Last year's free-cash-flow margin change, if it persists ▼ −75%
  • Discount rate 1 point higher ▼ −8%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $56$71$90$116$149$192
8.5% $46$57$71$89$113$144
10% $41$49$60$74$92$115

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$18.25$16.38$20.43$20.20$14.82$13.01$12.50$14.86$19.48$43.37$66.32
Market value$42m$38m$48m$48m$36m$31m$30m$37m$49m$117m$190m
+ Net debt (− = net cash)−$10m−$10m−$4m−$1m−$5m−$7m−$8m−$3m−$4m−$19m−$19m
Enterprise value$32m$28m$44m$47m$30m$24m$22m$34m$45m$98m$171m
Multiples
Price / sales 1.5x1.7x1.5x1.3x1.1x1.1x0.9x1.0x1.3x2.7x4.1x
Price / earnings 13.2x33.5x15.6x20.6x30.5x—24.0x10.0x8.5x14.4x17.0x
Price / free cash flow 7.7x6.3x——6.2x56.8x15.9x10.8x9.1x7.0x73.8x
EV / EBITDA 6.7x14.3x10.2x14.7x17.3xn/m11.0x7.1x6.4x11.4x14.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

34 /100

Weak moat

How hard Espey MFG & Electronics's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 11 / 20

    Cash operating profit has been a median 9.3% of total assets over 10 years.

  • Pricing power 4 / 20

    Gross margin has been a median 20.1%, moving by 6.4 percentage points (standard deviation) across 10 years.

  • Durability 2 / 20

    Operating margin has been a median 9.6%; its worst year was -1.5%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 8 of 10 years, at a median 7.7% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 19.3% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (39 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 16, 2026, before the open. Analysts expect revenue of $13m and EPS of $0.91 (range $0.91 to $0.91) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.73 −4% $52m +14%
Next $3.97 +6% $55m +6%

Next year's EPS estimate has moved +3.7% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.5% on 90 days ago. In the last 30 days, 1 analyst raised Espey MFG & Electronics Corp's forecast and 0 cut it.

Consensus EPS forecast Espey MFG & Electronics Corp, last 90 days
$3.70 $3.80 $3.90 $4.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.71 Current fiscal year, 60 days ago: $3.71 Current fiscal year, 30 days ago: $3.71 Current fiscal year, 7 days ago: $3.71 Current fiscal year, Now: $3.73 $3.73 Next fiscal year, 90 days ago: $3.83 Next fiscal year, 60 days ago: $3.83 Next fiscal year, 30 days ago: $3.83 Next fiscal year, 7 days ago: $3.83 Next fiscal year, Now: $3.97 $3.97

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.71$3.83
60 days ago $3.71$3.83
30 days ago $3.71$3.83
7 days ago $3.71$3.83
Now $3.73$3.97

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.96 $1.15 +19.8%
Dec 2025 $0.80 $0.99 +23.8%
Sept 2025 $0.67 $0.76 +13.4%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Espey MFG & Electronics Corp's revenue by +10.0% next year and +6.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+13.6%, weight 45%) and the company's own record (+7.0%, weight 55%) . How the weights are set.

Analyst recommendations

1 analysts, Oct 2026
Buy00%
Hold1100%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering Espey MFG & Electronics Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.8%
of tradable shares
Days to cover
0.9
at average volume
Short interest, 1 month
−37%
to October 15, 2026
Held by institutions
36%
of shares
Held by insiders
20.3%
of shares
Employees
144
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +42.8%

$36.41 on October 31, 2025 to $51.99

ThenNowEffect
Revenue (last 12 months) $44m $46m +4.9%
Net margin 18.5% 24.2% +30.8%
P/E multiple 12.1x 13.4x +10.8%
Share count 3m 3m −6.1%

Biggest factor: net margin.

Last 3 years +239.0%

$15.34 on November 3, 2023 to $51.99

ThenNowEffect
Revenue (last 12 months) $36m $46m +29.6%
Net margin 10.3% 24.2% +134.6%
P/E multiple 10.3x 13.4x +29.6%
Share count 2m 3m −13.9%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ESP−25%−0%+36%+67%+63%+13%
Industry peers (median)+21%−14%+10%+7%+4%+19%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ESP50%50%58%83%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ESP−38%−17%−34%−23%−29%−28%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 54% from September 20, 2018 to May 16, 2022. Getting back needed a 119% gain, reached on September 30, 2024, 868 days after the low.

Price behaviour

52-week range
$36.11 – $70.81
From 52-week high
−26.6%
vs 50-day average
−13.2%
vs 200-day average
−12.3%
Volatility (1 year)
46%
Beta vs S&P 500
0.88

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Espey MFG & Electronics Corp in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Espey MFG & Electronics Corp
$35M $40M $45M $50M FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $35.5M Revenue (TTM), FY24 Q2: $37M Revenue (TTM), FY24 Q3: $35.5M Revenue (TTM), FY24 Q4: $38.7M Revenue (TTM), FY25 Q1: $40.6M Revenue (TTM), FY25 Q2: $43.9M Revenue (TTM), FY25 Q3: $46M Revenue (TTM), FY25 Q4: $44M Revenue (TTM), FY26 Q1: $42.6M Revenue (TTM), FY26 Q2: $41.1M Revenue (TTM), FY26 Q3: $42.2M Revenue (TTM), FY26 Q4: $46.1M $46.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $35.5M
FY24 Q2 $37M
FY24 Q3 $35.5M
FY24 Q4 $38.7M
FY25 Q1 $40.6M
FY25 Q2 $43.9M
FY25 Q3 $46M
FY25 Q4 $44M
FY26 Q1 $42.6M
FY26 Q2 $41.1M
FY26 Q3 $42.2M
FY26 Q4 $46.1M
Revenue growth, TTM YoY Espey MFG & Electronics Corp
-10% 0% 10% 20% 30% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 7.0% Revenue growth, TTM YoY, FY24 Q2: 7.2% Revenue growth, TTM YoY, FY24 Q3: -0.7% Revenue growth, TTM YoY, FY24 Q4: 8.8% Revenue growth, TTM YoY, FY25 Q1: 14.3% Revenue growth, TTM YoY, FY25 Q2: 18.6% Revenue growth, TTM YoY, FY25 Q3: 29.6% Revenue growth, TTM YoY, FY25 Q4: 13.5% Revenue growth, TTM YoY, FY26 Q1: 4.9% Revenue growth, TTM YoY, FY26 Q2: -6.4% Revenue growth, TTM YoY, FY26 Q3: -8.1% Revenue growth, TTM YoY, FY26 Q4: 4.9% 4.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 7.0%
FY24 Q2 7.2%
FY24 Q3 -0.7%
FY24 Q4 8.8%
FY25 Q1 14.3%
FY25 Q2 18.6%
FY25 Q3 29.6%
FY25 Q4 13.5%
FY26 Q1 4.9%
FY26 Q2 -6.4%
FY26 Q3 -8.1%
FY26 Q4 4.9%
Operating margin (TTM) Espey MFG & Electronics Corp
10% 15% 20% 25% 30% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 12.8% Operating margin (TTM), FY24 Q2: 14.2% Operating margin (TTM), FY24 Q3: 15.2% Operating margin (TTM), FY24 Q4: 16.9% Operating margin (TTM), FY25 Q1: 17.3% Operating margin (TTM), FY25 Q2: 15.9% Operating margin (TTM), FY25 Q3: 16.6% Operating margin (TTM), FY25 Q4: 18.5% Operating margin (TTM), FY26 Q1: 19.9% Operating margin (TTM), FY26 Q2: 23.1% Operating margin (TTM), FY26 Q3: 25.4% Operating margin (TTM), FY26 Q4: 25.1% 25.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 12.8%
FY24 Q2 14.2%
FY24 Q3 15.2%
FY24 Q4 16.9%
FY25 Q1 17.3%
FY25 Q2 15.9%
FY25 Q3 16.6%
FY25 Q4 18.5%
FY26 Q1 19.9%
FY26 Q2 23.1%
FY26 Q3 25.4%
FY26 Q4 25.1%
FCF margin (TTM) Espey MFG & Electronics Corp
-20% 0% 20% 40% 60% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 8.0% FCF margin (TTM), FY24 Q2: 3.5% FCF margin (TTM), FY24 Q3: -1.8% FCF margin (TTM), FY24 Q4: 14.0% FCF margin (TTM), FY25 Q1: 14.2% FCF margin (TTM), FY25 Q2: 18.6% FCF margin (TTM), FY25 Q3: 39.8% FCF margin (TTM), FY25 Q4: 37.8% FCF margin (TTM), FY26 Q1: 47.7% FCF margin (TTM), FY26 Q2: 28.5% FCF margin (TTM), FY26 Q3: 10.4% FCF margin (TTM), FY26 Q4: 5.6% 5.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 8.0%
FY24 Q2 3.5%
FY24 Q3 -1.8%
FY24 Q4 14.0%
FY25 Q1 14.2%
FY25 Q2 18.6%
FY25 Q3 39.8%
FY25 Q4 37.8%
FY26 Q1 47.7%
FY26 Q2 28.5%
FY26 Q3 10.4%
FY26 Q4 5.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Espey MFG & Electronics took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $46.1M
  2. Other income $1.7M · 3.7%
  3. Cost of revenue $29.8M · 64.7%
  4. Gross profit $16.3M · 35.3%
  5. Selling, general and admin $4.7M · 10.2%
  6. Operating income $11.6M · 25.1%
  7. Income tax $2.1M · 4.6%
  8. Net income $11.2M · 24.2%

Shares of revenue. Source: Espey MFG & Electronics's 10-K for FY2026, as filed with the SEC. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2011 Jun 2011 2012 Jun 2012 2013 Jun 2013 2014 Jun 2014 2015 Jun 2015 2016 Jun 2016 2017 Jun 2017 2018 Jun 2018 2019 Jun 2019 2020 Jun 2020 2021 Jun 2021 2022 Jun 2022 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026
Income
Revenue 29 32 34 27 27 27 23 33 36 32 28 32 36 39 44 46
Gross profit 8 9 11 5 7 7 5 8 7 6 3 5 8 11 13 16
EBITDA 6 6 8 2 5 5 2 4 3 2 0 2 5 7 9 12
Operating income 5 6 8 1 4 4 2 4 3 1 −0 2 4 7 8 12
Net income 4 4 6 1 3 3 1 3 2 1 −0 1 4 6 8 11
Diluted EPS $1.77 $1.99 $2.48 $0.51 $1.39 $1.38 $0.49 $1.31 $0.98 $0.49 −$0.08 $0.52 $1.49 $2.29 $3.02 $3.89
Growth (year on year)
Revenue — +8.6% +7.1% −20.9% −1.1% +2.4% −18.0% +44.4% +12.2% −13.6% −12.0% +15.8% +10.9% +8.8% +13.5% +4.9%
EBITDA — +11.3% +27.8% −78.4% +175.5% −2.0% −58.9% +118.3% −25.4% −45.5% −94.6% — +136.4% +46.1% +22.7% +41.1%
Operating income — +13.0% +29.9% −83.1% +236.3% −2.0% −64.9% +152.5% −31.2% −55.8% −136.4% — +181.2% +52.1% +24.3% +42.7%
Net income — +13.8% +26.7% −79.0% +172.6% −0.2% −64.2% +170.8% −23.8% −50.3% −115.6% — +190.7% +58.1% +40.0% +37.3%
Diluted EPS — +12.4% +24.6% −79.4% +172.5% −0.7% −64.5% +167.3% −25.2% −50.0% −116.3% — +186.5% +53.7% +31.9% +28.8%
Margins
Gross margin 27.8% 27.5% 31.2% 16.7% 26.6% 26.8% 20.9% 23.6% 19.4% 17.6% 12.1% 17.0% 22.6% 27.5% 28.9% 35.3%
EBITDA margin 19.6% 20.0% 23.9% 6.5% 18.2% 17.4% 8.7% 13.2% 8.8% 5.5% 0.3% 6.3% 13.4% 18.1% 19.5% 26.2%
Operating margin 18.0% 18.7% 22.7% 4.9% 16.5% 15.8% 6.8% 11.9% 7.3% 3.7% −1.5% 4.8% 12.1% 16.9% 18.5% 25.1%
Net margin 13.1% 13.7% 16.2% 4.3% 11.9% 11.6% 5.0% 9.5% 6.4% 3.7% −0.7% 3.9% 10.3% 15.0% 18.5% 24.2%
Free-cash-flow margin 14.6% 22.2% 8.6% 17.2% 1.5% 19.9% 26.9% −5.1% −11.5% 18.3% 2.0% 6.0% 9.5% 14.0% 37.8% 5.6%
Cash flow
Cash from operations 5 7 3 5 1 6 6 0 −4 6 1 2 4 11 21 6
Capital spending 1 0 0 1 0 0 0 2 1 0 0 0 1 5 4 3
Free cash flow 4 7 3 5 0 5 6 −2 −4 6 1 2 3 5 17 3
Stock-based pay 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free cash flow after stock pay 4 7 3 5 0 5 6 −2 −4 6 0 2 3 5 16 2
Balance sheet
Cash 10 12 10 10 9 10 10 4 1 5 7 8 3 4 19 19
Total debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) −10 −12 −10 −10 −9 −10 −10 −4 −1 −5 −7 −8 −3 −4 −19 −19
Diluted shares 2m 2m 2m 2m 2m 2m 2m 2m 2m 2m 2m 2m 2m 3m 3m 3m
Returned to shareholders
Dividends 4 4 — 4 2 3 2 2 5 2 1 — 0 2 3 5
Buybacks — 0 0 — 0 0 0 0 0 0 — — — — — —
Total returned 4 4 0 4 2 3 2 2 5 2 1 — 0 2 3 5

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $97m
Short-term assets $91mLonger-term assets $6m
What it owes, and who funded it · $97m
Short-term liabilities $37mLonger-term liabilities $0mShareholders' equity $61m
  • Short-term assets cover short-term liabilities $91m of assets due within a year against $37m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $91m short-term assets against $0 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Espey MFG & Electronics Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$4.8M
Diluted share count
+6.5%
year over year
Total shareholder yield
3.1%
dividends 3.1% + buybacks 0.0% of market value
Dividend payout ratio
43%
of net income paid out
Sales & admin spending
10.2%
of revenue
Days sales outstanding
71 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic components
Last 12 months unless stated ESP OST MPTI OCC RFIL HLP Median
Revenue, last 12 months $46m $40m $58m $83m $86m $20m $647m
Revenue growth, last 12 months 4.9% 22.2% 11.8% 13.9% 13.0% 39.0% 15.0%
Revenue growth, 3-year average 9.0% — 16.7% 3.4% 9.2% — 5.6%
Revenue growth, latest quarter 40.4% — 13.8% 22.0% 21.1% — 18.4%
Gross margin 35.3% 6.4% — 34.3% 35.1% 32.5% 36.5%
Operating margin 25.1% −22.9% 18.5% 4.2% 4.6% 12.4% 8.5%
Operating margin, 3-year average 20.2% — 16.5% −1.4% −0.2% — 8.3%
Net margin 24.2% −25.2% 16.3% 3.1% 2.8% 9.9% 5.8%
Cash from operations / revenue 12.3% 0.2% 20.7% 1.1% 4.2% 4.5% 10.4%
Free-cash-flow margin 5.6% −17.9% 16.3% 0.5% 3.7% 3.4% 3.7%
Free-cash-flow margin, 3-year average 19.1% — 13.2% 0.0% 4.4% — 8.9%
Stock pay / revenue 0.5% — 3.9% 0.6% 1.2% 14.0% 1.9%
Change in share count 6.5% >999% 23.4% 8.3% 5.4% 320.8% 2.9%

Median of all 26 companies we cover in electronic components. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

26 electronic components companies
Measure Company Peer median Rank
Revenue growth Growth 4.9% 16.1% 23 of 26
Change in growth rate Growth +13.0pp +3.5pp 4 of 26
Gross margin Profitability 35.3% 36.8% 14 of 24
Operating margin Profitability 25.1% 9.0% 3 of 25
Net margin Profitability 24.2% 6.0% 2 of 26
Free-cash-flow margin Cash generation 5.6% 5.6% 12 of 24
Stock pay as % of revenue Cash generation 0.5% 2.1% 1 of 24
Change in share count Balance sheet 6.5% 3.5% 15 of 22
Days sales outstanding Balance sheet 71 days 69 days 15 of 24

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$73.3M
Institutions reporting
78
Shares held vs prior quarter
▲ 16.4%
Positions opened / closed
22 / 10

Top buyers and sellers, Q2 2026: 49 institutions bought and 23 sold ; the biggest buyer was Blackrock, Inc (+106K shares) and the biggest seller Millennium Management LLC (−28K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $7.8M 116K 10.6% ▲ 1038.3%
Vanguard Capital Management LLC $6.6M 98K 9.0% ▲ 15.3%
Renaissance Technologies LLC $6.2M 93K 8.5% ▼ 10.2%
Dimensional Fund Advisors LP $6.1M 91K 8.4% ▼ 2.7%
American Century Companies Inc $4.8M 72K 6.6% ▲ 35.5%
De Lisle Partners LLP $3.8M 56K 5.1% 0.0%
Geode Capital Management, LLC $3.7M 56K 5.1% ▲ 127.3%
Arrowstreet Capital, Limited Partnership $2.6M 38K 3.5% ▼ 38.5%
O'Shaughnessy Asset Management, LLC $2.3M 34K 3.2% ▲ 11.3%
Cambridge Investment Research Advisors, Inc. $1.8M 27K 2.4% ▲ 140.3%
Ritholtz Wealth Management $1.8M 26K 2.4% ▲ 9.6%
Two Sigma Investments, LP $1.7M 25K 2.3% ▼ 3.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Espey MFG & Electronics Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $1.8M 163 trades by 5 insiders · 0% under pre-set plans
Net ▼ $1.8M net selling
Insider Date Trade Shares Price Value
Corr Paul J Director September 25, 2026 Sell 10 $66.13 $661
Corr Paul J Director September 25, 2026 Sell 90 $66.14 $5,953
Corr Paul J Director September 25, 2026 Sell 166 $66.39 $11,021
Corr Paul J Director September 25, 2026 Sell 39 $66.26 $2,584
Corr Paul J Director September 25, 2026 Sell 100 $66.20 $6,620
Corr Paul J Director September 25, 2026 Sell 100 $64.48 $6,448
Corr Paul J Director September 25, 2026 Sell 4 $64.49 $258
Corr Paul J Director September 25, 2026 Sell 5 $64.50 $322
Corr Paul J Director September 25, 2026 Sell 45 $65.10 $2,929
Corr Paul J Director September 25, 2026 Sell 100 $64.55 $6,455
Corr Paul J Director September 25, 2026 Sell 43 $64.71 $2,783
Corr Paul J Director September 25, 2026 Sell 84 $64.75 $5,439

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • August 24, 2009
  • August 20, 2008
  • August 21, 2007
  • August 29, 2006
  • August 18, 2005
  • May 18, 2005

Recent SEC filings

Data status

When each part of this page on Espey MFG & Electronics Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Espey MFG & Electronics Corp in brief

What does Espey MFG & Electronics Corp do?
Espey MFG & Electronics Corp is a US-listed company in the electronic components industry. Its financial year ends in June.
What is Espey MFG & Electronics Corp's stock ticker?
Espey MFG & Electronics Corp trades under the ticker ESP on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Espey MFG & Electronics Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Espey MFG & Electronics Corp reported revenue of $46.1M, 4.9% higher than a year earlier, according to its SEC filings.
What is Espey MFG & Electronics Corp's free cash flow?
Espey MFG & Electronics Corp's free-cash-flow margin is 5.6% of revenue over the trailing twelve months, ranking 12 of the 24 electronic components companies we cover.
What is Espey MFG & Electronics Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Espey MFG & Electronics Corp's free cash flow after stock-based pay gives ~$79 per share in the base case, and ~$63–$100 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Espey MFG & Electronics Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Renaissance Technologies LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Espey MFG & Electronics Corp's market cap?
On June 30, 2026, Espey MFG & Electronics Corp's market capitalisation was about $190M, with a price-to-earnings ratio of 17.0 and net debt of -$19.4M. Market figures come from third-party market data and may be delayed.
Does Espey MFG & Electronics Corp pay a dividend?
Yes: Espey MFG & Electronics Corp paid $4.8M in dividends over the trailing twelve months, a dividend yield of 3.09% and a payout ratio of 43.2%.
Who are Espey MFG & Electronics Corp's competitors?
In our Electronic Components peer group, the companies closest to Espey MFG & Electronics Corp are Ostin Technology Group Co., Ltd., M-tron Industries, Inc., Optical Cable Corp, R F Industries LTD and Hongli Group Inc. The side-by-side comparison below sets their revenue, margins and growth against Espey MFG & Electronics Corp's.
Are insiders buying or selling Espey MFG & Electronics Corp stock?
Over the last 12 months, Espey MFG & Electronics Corp's directors and officers reported 0 open-market purchases and 163 sales on Form 4. The insider trading page charts every trade.
When is Espey MFG & Electronics Corp's next earnings date?
Around November 16, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Espey MFG & Electronics Corp announces its own schedule.