The Eastern Company (EML) Key Metrics
EML valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $146.3M
- Enterprise value
- $199.7M
- P/E (TTM)
- 21.1 10-yr median 16.8
- Forward P/E
- 9.6
- PEG ratio
- 1.15
- Price / sales
- 0.6 10-yr median 0.6
- Price / book
- 1.2 10-yr median 1.4
- EV / EBITDA
- 10.2 10-yr median 9.3
- Dividend yield
- 1.81% $0.44 a year
- Beta
- 0.86
EML key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsEML valuation Price multiples at each fiscal year-end price.
EML returns How much profit the business earns on the capital it uses.
EML per-share figures Results divided by the shares outstanding at year-end.
EML financial health Debt, liquidity and how easily interest is covered.
EML efficiency & capital use Working capital cycle and where the cash goes.
EML valuation history
EML returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
EML debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
EML cash returned to shareholders
EML price vs earnings per share
EML key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $119.8M | $165.2M | $138.0M | $120.4M | $157.0M | $151.0M | $191.4M | $101.1M | $164.6M | $130.7M |
| Enterprise value | $166.2M | $209.4M | $190.8M | $186.6M | $233.5M | $237.0M | $284.5M | $115.9M | $177.6M | $109.7M |
| P/E ratio | 23.4 | — | 16.1 | 9.8 | 16.8 | 27.9 | 14.4 | 7.0 | 32.6 | 16.8 |
| Price / sales | 0.5 | 0.6 | 0.5 | 0.4 | 0.6 | 0.8 | 0.8 | 0.4 | 0.8 | 0.9 |
| Price / book | 1.0 | 1.4 | 1.0 | 1.0 | 1.4 | 1.4 | 1.8 | 1.0 | 1.9 | 1.6 |
| Price / free cash flow | 24.5 | 15.2 | 6.9 | 17.0 | — | 8.6 | 10.9 | 13.5 | 19.6 | 13.7 |
| Price / operating cash flow | 13.5 | 8.0 | 5.2 | 11.5 | — | 7.3 | 8.3 | 7.9 | 14.7 | 10.5 |
| EV / sales | 0.7 | 0.8 | 0.7 | 0.7 | 0.9 | 1.2 | 1.1 | 0.5 | 0.9 | 0.8 |
| EV / EBITDA | 12.0 | 10.4 | 8.2 | 7.8 | 8.3 | 10.7 | 11.6 | 4.8 | 10.4 | 7.2 |
| EV / free cash flow | 34.0 | 19.3 | 9.5 | 26.3 | — | 13.5 | 16.2 | 15.5 | 21.1 | 11.5 |
| Earnings yield | 4.3% | −5.2% | 6.2% | 10.2% | 6.0% | 3.6% | 6.9% | 14.3% | 3.1% | 6.0% |
| Free cash flow yield | 4.1% | 6.6% | 14.5% | 5.9% | −3.7% | 11.7% | 9.2% | 7.4% | 5.1% | 7.3% |
| Dividend yield | 2.2% | 1.7% | 2.0% | 2.3% | 1.8% | 1.8% | 1.4% | 2.7% | 1.7% | 2.1% |
| Shareholder yield (dividends + buybacks) | 5.4% | 3.5% | 2.5% | 3.6% | 2.0% | 2.1% | 1.6% | 3.8% | 1.7% | 2.1% |
| Share price at fiscal year-end | $19.69 | $26.54 | $22.00 | $19.28 | $25.07 | $24.10 | $30.53 | $24.18 | $26.15 | $20.90 |
| Per share | ||||||||||
| Revenue per share | $40.93 | $43.81 | $41.28 | $44.72 | $39.36 | $31.55 | $40.15 | $56.01 | $32.45 | $22.01 |
| Earnings per share | $0.84 | −$1.37 | $1.37 | $1.97 | $1.49 | $0.86 | $2.12 | $3.47 | $0.80 | $1.25 |
| Operating cash flow per share | $1.46 | $3.30 | $4.22 | $1.68 | −$0.32 | $3.30 | $3.66 | $3.08 | $1.78 | $1.99 |
| Free cash flow per share | $0.80 | $1.74 | $3.20 | $1.14 | −$0.92 | $2.81 | $2.79 | $1.78 | $1.34 | $1.53 |
| Cash per share | $1.22 | $2.58 | $1.48 | $1.63 | $0.98 | $2.45 | $2.88 | $3.33 | $3.54 | $3.64 |
| Book value per share | $20.49 | $19.39 | $21.13 | $20.28 | $18.30 | $16.65 | $16.82 | $23.16 | $13.81 | $13.19 |
| Tangible book value per share | $9.15 | $7.95 | $6.52 | $5.04 | $2.25 | −$0.06 | −$0.95 | $11.49 | $6.63 | $10.51 |
| Dividends per share | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.66 | $0.44 | $0.44 |
| Capex per share | $0.65 | $1.56 | $1.03 | $0.54 | $0.59 | $0.49 | $0.87 | $1.29 | $0.44 | $0.46 |
| Debt per share | $8.85 | $9.68 | $9.90 | $12.23 | $13.19 | $16.17 | $17.72 | $6.86 | $5.60 | $0.29 |
| Shares outstanding | 6.1M | 6.2M | 6.3M | 6.2M | 6.3M | 6.3M | 6.3M | 4.2M | 6.3M | 6.3M |
| Change in shares outstanding | −2.3% | −0.7% | +0.4% | −0.3% | −0.0% | −0.1% | +49.9% | −33.6% | +0.7% | +0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 4.2% | −6.7% | 6.6% | 10.2% | 8.5% | 5.2% | 13.1% | 15.8% | 6.0% | 9.6% |
| Return on invested capital (ROIC) | 4.8% | 5.8% | 7.0% | 5.7% | 7.8% | 5.8% | 9.2% | 13.9% | 7.5% | 12.2% |
| Return on assets (ROA) | 2.3% | −3.5% | 3.3% | 4.7% | 3.5% | 1.9% | 5.7% | 8.1% | 3.4% | 6.3% |
| Return on tangible assets | 3.5% | −5.2% | 5.4% | 7.4% | 5.6% | 3.2% | 7.8% | 11.0% | 3.8% | 7.2% |
| Free cash flow margin | 2.0% | 4.0% | 7.7% | 2.5% | −2.3% | 8.9% | 7.0% | 3.2% | 4.1% | 6.9% |
| Income quality (OCF / net income) | 1.73 | — | 3.08 | 0.85 | −0.22 | 3.83 | 1.73 | 0.89 | 2.22 | 1.59 |
| Financial health | ||||||||||
| Total debt | $53.9M | $60.2M | $62.1M | $76.4M | $82.6M | $101.3M | $111.1M | $28.7M | $35.2M | $1.8M |
| Cash & short-term investments | $7.4M | $16.1M | $9.3M | $10.2M | $6.2M | $15.3M | $18.0M | $13.9M | $22.3M | $22.7M |
| Net debt | $46.4M | $44.2M | $52.8M | $66.2M | $76.4M | $86.0M | $93.1M | $14.7M | $12.9M | −$20.9M |
| Debt / equity | 0.43 | 0.50 | 0.47 | 0.60 | 0.72 | 0.97 | 1.05 | 0.30 | 0.41 | 0.02 |
| Debt / assets | 0.25 | 0.26 | 0.25 | 0.29 | 0.31 | 0.37 | 0.40 | 0.16 | 0.20 | 0.01 |
| Net debt / EBITDA | 3.35 | 2.19 | 2.27 | 2.77 | 2.72 | 3.89 | 3.80 | 0.61 | 0.76 | −1.38 |
| Current ratio | 3.59 | 2.58 | 2.63 | 2.67 | 2.50 | 2.75 | 3.32 | 3.36 | 3.20 | 6.04 |
| Quick ratio | 1.55 | 1.35 | 1.24 | 1.29 | 1.23 | 1.69 | 1.76 | 1.61 | 1.69 | 3.39 |
| Interest coverage | 3.8 | 7.4 | 6.1 | 6.2 | 10.0 | 6.6 | 9.4 | 14.9 | 12.4 | 91.7 |
| Working capital | $71.7M | $70.8M | $69.5M | $78.3M | $74.1M | $71.1M | $81.0M | $71.0M | $68.8M | $64.8M |
| Invested capital | $171.1M | $164.9M | $185.3M | $192.8M | $191.1M | $190.3M | $198.5M | $111.6M | $99.9M | $61.5M |
| Tangible asset value | $55.7M | $49.5M | $40.9M | $31.5M | $14.1M | −$406,301 | −$5.9M | $48.1M | $41.7M | $65.7M |
| Net current asset value | $7.2M | $1.0M | −$7.3M | −$9.6M | −$28.1M | −$59.5M | −$59.3M | $16.8M | $10.5M | $36.0M |
| Graham number | $19.69 | — | $25.51 | $29.98 | $24.79 | $17.98 | $28.29 | $42.51 | $15.78 | $19.23 |
| Graham net-net per share | −$5.56 | −$7.08 | −$8.36 | −$9.53 | −$12.93 | −$17.64 | −$16.18 | −$4.90 | −$3.70 | $1.86 |
| Capital allocation | ||||||||||
| Dividends paid | $2.7M | $2.7M | $2.8M | $2.7M | $2.8M | $2.8M | $2.7M | $2.8M | $2.8M | $2.8M |
| Share buybacks (net) | $3.7M | $3.1M | $735,783 | $1.6M | $369,651 | $368,864 | $368,864 | $1.1M | $0 | $0 |
| Dividend payout ratio | 52.4% | — | 32.2% | 22.3% | 29.5% | 51.0% | 20.7% | 19.0% | 54.6% | 35.3% |
| Dividends + buybacks / free cash flow | 130.9% | 53.4% | 17.5% | 61.6% | — | 17.8% | 17.8% | 51.2% | 32.7% | 28.8% |
| Capex / revenue | 1.6% | 3.6% | 2.5% | 1.2% | 1.5% | 1.6% | 2.2% | 2.3% | 1.4% | 2.1% |
| Capex / operating cash flow | 44.8% | 47.2% | 24.3% | 32.2% | — | 15.0% | 23.7% | 42.0% | 24.7% | 23.1% |
| Capex / depreciation | 1.08 | 1.65 | 1.20 | 0.47 | 0.51 | 0.37 | 0.84 | 1.02 | 0.59 | 0.75 |
| Stock-based compensation / revenue | 0.4% | 0.5% | 0.1% | 0.3% | 0.5% | 0.4% | 0.3% | 0.2% | 0.2% | 0.1% |
| R&D / revenue | 1.6% | 1.8% | 2.2% | 1.5% | 1.7% | 1.4% | 2.4% | 3.0% | 2.8% | 1.9% |
| SG&A / revenue | 17.0% | 15.5% | 16.3% | 14.1% | 14.3% | 17.9% | 14,203.0% | 14,490.9% | 2.8% | 0.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 48.4 | 49.1 | 57.5 | 57.6 | 56.2 | 64.4 | 50.3 | 45.6 | 40.4 | 47.3 |
| Days of inventory on hand | 105.7 | 101.7 | 114.7 | 105.5 | 101.9 | 119.3 | 103.2 | 104.0 | 96.1 | 127.7 |
| Days payables outstanding | 34.2 | 39.9 | 49.0 | 47.4 | 49.0 | 50.4 | 37.0 | 34.5 | 25.7 | 29.1 |
| Cash conversion cycle (days) | 119.9 | 110.9 | 123.2 | 115.6 | 109.2 | 133.3 | 116.5 | 115.1 | 110.8 | 145.9 |
| Receivables turnover | 7.55 | 7.43 | 6.35 | 6.34 | 6.49 | 5.67 | 7.26 | 8.00 | 9.03 | 7.72 |
| Payables turnover | 10.68 | 9.14 | 7.44 | 7.71 | 7.45 | 7.25 | 9.88 | 10.57 | 14.19 | 12.53 |
| Inventory turnover | 3.45 | 3.59 | 3.18 | 3.46 | 3.58 | 3.06 | 3.54 | 3.51 | 3.80 | 2.86 |
| Asset turnover | 1.10 | 1.12 | 1.01 | 1.06 | 0.91 | 0.71 | 1.09 | 1.31 | 1.36 | 1.12 |
| Average receivables | $33.0M | $36.7M | $40.8M | $44.0M | $38.0M | $34.9M | $34.7M | $29.3M | $22.6M | $17.8M |
| Average payables | $18.0M | $22.5M | $26.5M | $28.6M | $25.5M | $20.6M | $19.2M | $16.6M | $10.9M | $8.1M |
| Average inventory | $55.8M | $57.2M | $62.0M | $63.7M | $53.0M | $48.9M | $53.7M | $50.0M | $40.6M | $35.4M |
| Intangibles / total assets | 31.8% | 30.3% | 36.4% | 36.4% | 37.7% | 38.0% | 39.7% | 26.9% | 25.6% | 13.5% |
Computed from EML's annual financial statements (latest annual report filed March 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
EML valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Eastern traded at 23.4 times earnings, against a 10-year median of 16.8. Based on the latest twelve months, the trailing P/E is 21.1 and the forward P/E is 9.6. Eastern earned a return on equity of 4.2% and a return on invested capital of 4.8% in fiscal 2025. It ended the year with $53.9 million of debt and $7.4 million in cash and short-term investments, net debt of $46.4 million. It returned $6.4 million to shareholders: $2.7 million in dividends and $3.7 million in share buybacks, 131% of free cash flow.
See the EML income statement, the EML chart for price history, or the EML stock overview for the latest quote and news.
EML key metrics FAQ
What is Eastern's P/E ratio?
Eastern's trailing P/E ratio is 21.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.6. At the end of fiscal 2025 it was 23.4, compared with a 10-year median of 16.8.
What is Eastern's EV/EBITDA?
Eastern's enterprise value was 12.0 times EBITDA at the end of fiscal 2025 (enterprise value $166.2 million, EBITDA $13.9 million); the current EV/EBITDA is 10.2.
What is Eastern's return on equity?
Eastern's return on equity (ROE) was 4.2% in fiscal 2025: net income of $5.1 million on average shareholders' equity of $122.7 million.
What is Eastern's ROIC?
Eastern's return on invested capital was 4.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Eastern have?
Eastern had total debt of $53.9 million at the end of fiscal 2025, a debt-to-equity ratio of 0.43 and $46.4 million of net debt (3.35 times EBITDA).
What is Eastern's dividend yield?
Eastern's forward dividend yield is 1.81%. Eastern paid $2.7 million in dividends in fiscal 2025 ($0.44 per share), a payout ratio of 52.4%.
Does Eastern buy back its shares?
Yes. Eastern spent $3.7 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.3% over the year, to 6.1M..
What is Eastern's free cash flow yield?
Eastern generated $4.9 million of free cash flow in fiscal 2025, a free cash flow yield of 4.1% on its market value at year-end ($119.8 million).
What is Eastern's current ratio?
Eastern's current ratio was 3.59 at the end of fiscal 2025: current assets were 3.59 times current liabilities.