Espey Mfg. & Electronics Corp. (ESP) Key Metrics
ESP valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $159.4M
- Enterprise value
- $142.8M
- P/E (TTM)
- 14.3 10-yr median 20.5
- Forward P/E
- 11.4
- PEG ratio
- —
- Price / sales
- 3.5 10-yr median 1.5
- Price / book
- 3.4 10-yr median 1.5
- EV / EBITDA
- 11.8 10-yr median 11.6
- Dividend yield
- 1.80% $1.00 a year
- Beta
- 0.38
ESP key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsESP valuation Price multiples at each fiscal year-end price.
ESP returns How much profit the business earns on the capital it uses.
ESP per-share figures Results divided by the shares outstanding at year-end.
ESP financial health Debt, liquidity and how easily interest is covered.
ESP efficiency & capital use Working capital cycle and where the cash goes.
ESP valuation history
ESP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ESP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ESP cash returned to shareholders
ESP price vs earnings per share
ESP key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $193.4M | $123.2M | $53.9M | $41.4M | $34.6M | $35.7M | $41.5M | $59.1M | $63.0M | $52.1M |
| Enterprise value | $147.9M | $79.7M | $21.6M | $34.8M | $22.8M | $27.3M | $32.4M | $53.2M | $47.2M | $32.6M |
| P/E ratio | 17.3 | 15.1 | 9.3 | 11.3 | 27.4 | — | 35.7 | 25.2 | 20.5 | 45.9 |
| Price / sales | 4.2 | 2.8 | 1.4 | 1.2 | 1.1 | 1.3 | 1.3 | 1.6 | 1.9 | 2.3 |
| Price / book | 3.2 | 2.4 | 1.3 | 1.2 | 1.1 | 1.2 | 1.3 | 1.9 | 1.9 | 1.6 |
| Price / free cash flow | 74.9 | 7.4 | 9.9 | 12.2 | 18.1 | 64.7 | 7.2 | — | — | 8.6 |
| Price / operating cash flow | 34.0 | 5.9 | 5.1 | 10.6 | 15.6 | 59.9 | 7.0 | — | 241.5 | 8.1 |
| EV / sales | 3.2 | 1.8 | 0.6 | 1.0 | 0.7 | 1.0 | 1.0 | 1.5 | 1.5 | 1.4 |
| EV / EBITDA | 12.2 | 7.8 | 2.8 | 6.7 | 10.9 | 180.2 | 18.6 | 16.7 | 11.0 | 16.6 |
| EV / free cash flow | 57.3 | 4.8 | 4.0 | 10.3 | 11.9 | 49.6 | 5.6 | — | — | 5.4 |
| Earnings yield | 5.8% | 6.6% | 10.8% | 8.9% | 3.7% | −0.5% | 2.8% | 4.0% | 4.9% | 2.2% |
| Free cash flow yield | 1.3% | 13.5% | 10.1% | 8.2% | 5.5% | 1.5% | 13.9% | −7.1% | −2.6% | 11.6% |
| Dividend yield | 2.5% | 2.1% | 3.1% | 1.2% | 1.4% | 3.4% | 5.8% | 8.0% | 3.7% | 4.4% |
| Shareholder yield (dividends + buybacks) | 2.5% | 2.1% | 3.1% | 1.2% | 1.4% | 3.4% | 5.9% | 8.1% | 3.9% | 4.5% |
| Share price at fiscal year-end | $67.35 | $45.71 | $21.25 | $16.75 | $14.24 | $14.82 | $17.32 | $24.75 | $26.83 | $22.42 |
| Per share | ||||||||||
| Revenue per share | $16.06 | $16.30 | $15.27 | $14.40 | $13.20 | $11.53 | $13.15 | $15.27 | $13.85 | $9.69 |
| Earnings per share | $3.89 | $3.02 | $2.29 | $1.49 | $0.52 | −$0.08 | $0.49 | $0.98 | $1.31 | $0.49 |
| Operating cash flow per share | $1.98 | $7.79 | $4.18 | $1.58 | $0.91 | $0.25 | $2.49 | −$1.51 | $0.11 | $2.76 |
| Free cash flow per share | $0.90 | $6.17 | $2.14 | $1.37 | $0.79 | $0.23 | $2.40 | −$1.76 | −$0.71 | $2.61 |
| Cash per share | $15.83 | $16.16 | $9.16 | $5.95 | $4.86 | $4.11 | $4.40 | $2.99 | $6.74 | $8.38 |
| Book value per share | $21.10 | $18.86 | $16.27 | $14.52 | $13.20 | $12.61 | $13.03 | $13.36 | $14.26 | $13.72 |
| Tangible book value per share | $21.10 | $18.86 | $16.27 | $14.52 | $13.20 | $12.61 | $13.03 | $13.36 | $14.26 | $13.72 |
| Dividends per share | $1.68 | $0.96 | $0.66 | $0.20 | $0.20 | $0.50 | $1.00 | $1.98 | $0.99 | $0.99 |
| Capex per share | $1.08 | $1.62 | $2.04 | $0.21 | $0.12 | $0.02 | $0.09 | $0.25 | $0.82 | $0.15 |
| Debt per share | — | $0.00 | −$3.56 | $3.27 | $0.00 | $0.65 | $0.58 | $0.51 | $0.00 | $0.00 |
| Shares outstanding | 2.9M | 2.7M | 2.5M | 2.5M | 2.4M | 2.4M | 2.4M | 2.4M | 2.3M | 2.3M |
| Change in shares outstanding | +6.5% | +6.3% | +2.7% | +1.6% | +1.1% | +0.4% | +0.3% | +1.7% | +1.0% | +1.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 20.1% | 17.7% | 15.1% | 10.8% | 4.1% | −0.6% | 3.7% | 7.2% | 9.4% | 3.5% |
| Return on invested capital (ROIC) | 86.9% | 83.6% | 27.3% | 13.6% | 5.7% | −1.5% | 4.3% | 9.9% | 19.4% | 7.2% |
| Return on assets (ROA) | 12.7% | 12.0% | 11.2% | 8.4% | 3.2% | −0.5% | 3.1% | 6.5% | 8.5% | 3.2% |
| Return on tangible assets | 11.5% | 10.3% | 10.3% | 7.7% | 3.2% | −0.5% | 3.0% | 6.6% | 8.4% | 3.2% |
| Free cash flow margin | 5.6% | 37.8% | 14.0% | 9.5% | 6.0% | 2.0% | 18.3% | −11.5% | −5.1% | 26.9% |
| Income quality (OCF / net income) | 0.51 | 2.58 | 1.82 | 1.06 | 1.75 | — | 5.13 | −1.54 | 0.08 | 5.65 |
| Financial health | ||||||||||
| Total debt | — | $0 | −$9.0M | $8.1M | $0 | $1.6M | $1.4M | $1.2M | $0 | $0 |
| Cash & short-term investments | $45.4M | $43.6M | $23.2M | $14.7M | $11.8M | $9.9M | $10.5M | $7.1M | $15.8M | $19.5M |
| Net debt | −$45.4M | −$43.6M | −$32.3M | −$6.6M | −$11.8M | −$8.3M | −$9.1M | −$5.9M | −$15.8M | −$19.5M |
| Debt / equity | — | 0.00 | −0.22 | 0.23 | 0.00 | 0.05 | 0.04 | 0.04 | 0.00 | 0.00 |
| Debt / assets | — | 0.00 | −0.16 | 0.17 | 0.00 | 0.04 | 0.04 | 0.03 | 0.00 | 0.00 |
| Net debt / EBITDA | −3.75 | −4.28 | −4.17 | −1.28 | −5.66 | −54.98 | −5.26 | −1.86 | −3.69 | −9.93 |
| Current ratio | 2.50 | 2.66 | 3.49 | 3.89 | 4.87 | 4.68 | 5.15 | 9.14 | 10.24 | 9.84 |
| Quick ratio | 1.79 | 2.03 | 2.23 | 2.16 | 2.43 | 2.17 | 2.96 | 5.35 | 6.73 | 6.98 |
| Interest coverage | — | — | — | — | 125.8 | -7.4 | 8.6 | 11.6 | 24.0 | 17.2 |
| Working capital | $54.7M | $46.9M | $38.0M | $33.2M | $29.5M | $27.5M | $28.0M | $28.4M | $29.7M | $29.9M |
| Invested capital | $15.1M | $7.3M | $9.0M | $29.2M | $20.3M | $22.0M | $22.1M | $26.0M | $17.7M | $12.4M |
| Tangible asset value | $60.6M | $50.8M | $41.3M | $35.9M | $32.1M | $30.3M | $31.2M | $31.9M | $33.5M | $31.9M |
| Net current asset value | $54.7M | $46.9M | $38.0M | $33.1M | $29.3M | $27.3M | $27.8M | $28.1M | $29.7M | $29.6M |
| Graham number | $42.99 | $35.80 | $28.97 | $22.05 | $12.43 | — | $11.93 | $17.17 | $20.50 | $12.28 |
| Graham net-net per share | $9.95 | $11.10 | $8.89 | $7.03 | $7.24 | $6.58 | $7.39 | $7.64 | $9.22 | $10.05 |
| Capital allocation | ||||||||||
| Dividends paid | $4.8M | $2.6M | $1.7M | $489,268 | $489,268 | $1.2M | $2.4M | $4.7M | $2.3M | $2.3M |
| Share buybacks (net) | — | $0 | $0 | — | — | — | $47,949 | $44,888 | $109,694 | $44,335 |
| Dividend payout ratio | 43.2% | 31.9% | 28.9% | 13.3% | 38.7% | — | 205.2% | 202.2% | 75.7% | 203.2% |
| Dividends + buybacks / free cash flow | 187.2% | 15.6% | 30.9% | 14.4% | 25.5% | 217.8% | 42.3% | — | — | 38.8% |
| Capex / revenue | 6.7% | 9.9% | 13.3% | 1.4% | 0.9% | 0.2% | 0.7% | 1.7% | 5.9% | 1.6% |
| Capex / operating cash flow | 54.6% | 20.8% | 48.7% | 13.1% | 13.7% | 7.3% | 3.6% | — | 737.1% | 5.5% |
| Capex / depreciation | 6.07 | 9.67 | 11.39 | 1.06 | 0.61 | 0.08 | 0.38 | 1.12 | 4.48 | 0.81 |
| Stock-based compensation / revenue | 0.5% | 2.2% | 1.9% | 1.7% | 1.6% | 1.8% | 1.6% | 1.5% | 1.6% | 2.4% |
| R&D / revenue | 0.2% | 0.2% | 0.2% | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% |
| SG&A / revenue | 10.2% | 10.4% | 10.6% | 10.5% | 12.3% | 13.6% | 13.9% | 12.1% | 11.7% | 14.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 65.5 | 59.1 | 58.5 | 59.1 | 64.4 | 96.2 | 115.8 | 77.7 | 45.2 | 71.4 |
| Days of inventory on hand | 267.9 | 216.5 | 254.3 | 254.8 | 256.0 | 251.4 | 196.9 | 152.2 | 154.1 | 209.2 |
| Days payables outstanding | 37.2 | 37.3 | 32.3 | 21.8 | 32.9 | 41.8 | 35.3 | 24.7 | 29.9 | 28.7 |
| Cash conversion cycle (days) | 296.2 | 238.3 | 280.6 | 292.1 | 287.5 | 305.8 | 277.4 | 205.2 | 169.4 | 251.8 |
| Receivables turnover | 5.57 | 6.18 | 6.23 | 6.18 | 5.66 | 3.79 | 3.15 | 4.70 | 8.07 | 5.11 |
| Payables turnover | 9.80 | 9.78 | 11.32 | 16.73 | 11.10 | 8.74 | 10.34 | 14.77 | 12.21 | 12.71 |
| Inventory turnover | 1.36 | 1.69 | 1.44 | 1.43 | 1.43 | 1.45 | 1.85 | 2.40 | 2.37 | 1.74 |
| Asset turnover | 0.52 | 0.65 | 0.74 | 0.81 | 0.82 | 0.73 | 0.85 | 1.01 | 0.90 | 0.64 |
| Average receivables | $8.3M | $7.1M | $6.2M | $5.8M | $5.7M | $7.3M | $10.0M | $7.8M | $4.0M | $4.4M |
| Average payables | $3.0M | $3.2M | $2.5M | $1.6M | $2.4M | $2.8M | $2.5M | $2.0M | $2.0M | $1.4M |
| Average inventory | $21.9M | $18.5M | $19.6M | $19.2M | $18.7M | $16.8M | $14.0M | $12.3M | $10.5M | $10.2M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from ESP's annual financial statements (latest annual report filed September 23, 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.
ESP valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Espey Mfg. & Electronics traded at 17.3 times earnings, against a 10-year median of 20.5. Based on the latest twelve months, the trailing P/E is 14.3 and the forward P/E is 11.4. Espey Mfg. & Electronics earned a return on equity of 20.1% and a return on invested capital of 86.9% in fiscal 2026. It returned $4.8 million to shareholders: $4.8 million in dividends and $0 in share buybacks, 187% of free cash flow. The share count rose 23.5% from 2.3M to 2.9M over 9 years.
See the ESP income statement, the ESP chart for price history, or the ESP stock overview for the latest quote and news.
ESP key metrics FAQ
What is Espey Mfg. & Electronics's P/E ratio?
Espey Mfg. & Electronics's trailing P/E ratio is 14.3 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 11.4. At the end of fiscal 2026 it was 17.3, compared with a 10-year median of 20.5.
What is Espey Mfg. & Electronics's EV/EBITDA?
Espey Mfg. & Electronics's enterprise value was 12.2 times EBITDA at the end of fiscal 2026 (enterprise value $147.9 million, EBITDA $12.1 million); the current EV/EBITDA is 11.8.
What is Espey Mfg. & Electronics's return on equity?
Espey Mfg. & Electronics's return on equity (ROE) was 20.1% in fiscal 2026: net income of $11.2 million on average shareholders' equity of $55.7 million.
What is Espey Mfg. & Electronics's ROIC?
Espey Mfg. & Electronics's return on invested capital was 86.9% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
What is Espey Mfg. & Electronics's dividend yield?
Espey Mfg. & Electronics's forward dividend yield is 1.80%. Espey Mfg. & Electronics paid $4.8 million in dividends in fiscal 2026 ($1.68 per share), a payout ratio of 43.2%.
What is Espey Mfg. & Electronics's free cash flow yield?
Espey Mfg. & Electronics generated $2.6 million of free cash flow in fiscal 2026, a free cash flow yield of 1.3% on its market value at year-end ($193.4 million).
What is Espey Mfg. & Electronics's current ratio?
Espey Mfg. & Electronics's current ratio was 2.50 at the end of fiscal 2026: current assets were 2.50 times current liabilities.