Saturday 17 October 2026
Export ESP’s income statement to Excel — free account
Espey Mfg. & Electronics Corp.
ESP Industrials Electrical Equipment & Parts
Espey Mfg. & Electronics Corp.’s revenue for fiscal 2026 (year ended June 2026) was $46.1 million, up 4.95% from fiscal 2025. In the quarter to June 2026, revenue grew 40.4%, EPS grew 7.27% and free cash flow fell 199.9%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
55.58
0.74
−1.31%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 21.07 | 21.70 | 20.00 | 15.97 | 12.76 | 12.39 | 14.17 | 17.97 | 24.85 | 44.20 |
Analyst estimates 2027–2029 Powerpack |
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| High | 26.50 | 32.55 | 27.00 | 23.00 | 20.80 | 15.79 | 22.96 | 33.00 | 55.00 | 74.77 | |||||
| People | |||||||||||||||
| People | Employees | 138 | 164 | 160 | 151 | 150 | 150 | 153 | 148 | 152 | 144 | ||||
| Revenue/emp, $m | 0.16 | 0.20 | 0.23 | 0.21 | 0.18 | 0.21 | 0.23 | 0.26 | 0.29 | 0.32 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 23 | 33 | 36 | 32 | 28 | 32 | 36 | 39 | 44 | 46 | ||||
| Gross margin, % | 20.93 | 23.56 | 19.36 | 17.63 | 12.11 | 17.04 | 22.62 | 27.50 | 28.86 | 35.30 | |||||
| EBT | 2 | 4 | 3 | 1 | 0 | 2 | 5 | 7 | 10 | 13 | |||||
| EBT margin, % | 7.33 | 12.51 | 7.90 | 4.15 | (1.33) | 4.96 | 13.22 | 18.83 | 22.14 | 28.87 | |||||
| Net income | 1 | 3 | 2 | 1 | 0 | 1 | 4 | 6 | 8 | 11 | |||||
| Depreciation | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 9.74 | 13.93 | 15.37 | 13.17 | 11.53 | 13.20 | 14.50 | 15.56 | 16.96 | 16.65 | ||||
| Earnings | 0.49 | 1.32 | 0.98 | 0.49 | (0.08) | 0.52 | 1.50 | 2.34 | 3.14 | 4.04 | |||||
| Cash flow | 2.78 | 0.11 | (1.52) | 2.49 | 0.25 | 0.91 | 1.59 | 4.26 | 8.10 | 2.05 | |||||
| Capex | (0.15) | (0.82) | (0.26) | (0.09) | (0.02) | (0.12) | (0.21) | (2.07) | (1.68) | (1.12) | |||||
| Free cash flow | 2.62 | (0.71) | (1.78) | 2.40 | 0.23 | 0.79 | 1.38 | 2.18 | 6.42 | 0.93 | |||||
| Book value | 13.79 | 14.35 | 13.45 | 13.05 | 12.61 | 13.20 | 14.62 | 16.58 | 19.63 | 21.87 | |||||
| Shares, m | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 45.76 | 19.90 | 25.26 | 35.35 | 0.00 | 27.38 | 11.17 | 9.23 | 14.60 | 16.71 | ||||
| P/S | 2.30 | 1.89 | 1.61 | 1.31 | 1.29 | 1.08 | 1.16 | 1.38 | 2.69 | 4.05 | |||||
| P/B | 1.63 | 1.83 | 1.88 | 1.33 | 1.18 | 1.08 | 1.15 | 1.30 | 2.33 | 3.08 | |||||
| EV/Sales | 1.44 | 1.40 | 1.32 | 0.98 | 0.93 | 0.71 | 0.74 | 0.78 | 1.70 | 3.06 | |||||
| EV/FCF | 5.33 | (27.37) | (11.44) | 5.37 | 46.73 | 11.90 | 7.79 | 5.58 | 4.50 | 54.55 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 6 | 0 | (4) | 6 | 1 | 2 | 4 | 11 | 21 | 6 | ||||
| Capex | 0 | (2) | (1) | 0 | 0 | 0 | (1) | (5) | (4) | (3) | |||||
| Free cash flow | 6 | (2) | (4) | 6 | 1 | 2 | 3 | 5 | 17 | 3 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 30 | 30 | 28 | 28 | 28 | 29 | 33 | 38 | 46 | 55 | ||||
| Total debt | — | — | — | — | — | — | — | — | — | — | |||||
| Net debt | (19) | (16) | (7) | (11) | (10) | (12) | (15) | (23) | (44) | (45) | |||||
| Shareholders’ equity | 32 | 33 | 32 | 31 | 30 | 32 | 36 | 41 | 51 | 61 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 3.25 | 8.51 | 6.46 | 3.15 | (0.48) | 3.25 | 8.41 | 11.18 | 12.01 | 12.68 | ||||
| ROIC | 7.69 | 13.64 | 6.69 | 3.54 | (1.30) | 4.71 | 12.70 | 22.65 | 69.87 | 47.90 | |||||
| ROE | 3.53 | 9.41 | 7.16 | 3.69 | (0.59) | 4.05 | 10.82 | 15.07 | 17.68 | 20.07 | |||||
Negative figures in brackets.
Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026
Charts ten years each
Espey Mfg. & Electronics Corp. vs peers in Electrical Equipment & Parts (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ELVA Electrovaya Inc. | $268.0M | 47.8× | 76.7× | +3.40% (above 0%: growing) | −69.50% (below 0%: shrinking) | −265.97% (below 0%: shrinking) | 34.93% | 4.45% | Compare |
| LTBR Lightbridge Corporation | $200.4M | — (loss-making) | — (loss-making) | −97.32% (below 0%: shrinking) | n/m | −52.58% (below 0%: shrinking) | 22.12% | 0.00% | Compare |
| EAF GrafTech International Ltd. | $192.0M | — (loss-making) | — (loss-making) | −3.40% (below 0%: shrinking) | n/m | −32.19% (below 0%: shrinking) | (0.33%) | (11.45%) | Compare |
| ESP Espey Mfg. & Electronics Corp. | $171.0M | 13.8× | 15.4× | +40.39% (above 0%: growing) | +7.27% (above 0%: growing) | −199.91% (below 0%: shrinking) | 34.33% | 25.79% | |
| NEOV NeoVolta, Inc. | $143.4M | — (loss-making) | — (loss-making) | −99.72% (below 0%: shrinking) | n/m | −1,293.55% (below 0%: shrinking) | (8,440.00%) | (75,445.93%) | Compare |
| SKYX SKYX Platforms Corp. | $136.8M | — (loss-making) | — (loss-making) | +9.58% (above 0%: growing) | n/m | −56.37% (below 0%: shrinking) | 28.86% | (27.98%) | Compare |
| ULBI Ultralife Corporation | $101.8M | — (loss-making) | 8.0× | −1.27% (below 0%: shrinking) | +200.00% (above 0%: growing) | −84.80% (below 0%: shrinking) | 28.92% | 7.17% | Compare |
| CBAT China BAK Battery, Inc. | $101.1M | — (loss-making) | — (loss-making) | +99.26% (above 0%: growing) | n/m | +147.06% (above 0%: growing) | 1.49% | (13.93%) | Compare |
| OESX Orion Energy Systems, Inc. | $95.1M | — (loss-making) | 20.0× | +31.51% (above 0%: growing) | n/m | +336.14% (above 0%: growing) | 34.62% | 8.20% | Compare |
| Median of peers | $140.1M | — | 20.0× | +1.07% | — | −54.48% | 25.49% | (5.72%) |
Espey Mfg. & Electronics Corp. (ESP) key facts
- Strength: Espey Mfg. & Electronics Corp.’s revenue for fiscal 2026 (year ended June 2026) was $46.1 million, up 4.95% from fiscal 2025.
- Strength: Net income was $11.2 million, or $4.04 per share (basic), a net margin of 24.2%.
- Espey Mfg. & Electronics Corp. (ESP) is an Electrical Equipment & Parts company in the Industrials sector, listed on NYSE American.
- As of October 16, 2026, ESP traded at $55.58, a market capitalization of $171.0 million.
- At that price the stock trades at 13.8× trailing-twelve-month earnings and 3.3× sales; its P/E is higher than 23% of its own readings over the past ten years.
- Espey Mfg. & Electronics Corp. pays an annual dividend of $1.00 per share, a yield of 1.80%, with a payout ratio of 25.7%.
- Return on equity was 20.1% and debt-to-equity 0.00.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 5.15 (safe zone) for fiscal 2026.