Ducommun Incorporated (DCO) vs Redwire Corporation (RDW)

Ducommun Incorporated and Redwire Corporation are both Aerospace & Defense companies. Redwire Corporation is the larger, with a market value of $3.0B against $2.6B — 1.1× the size. Redwire Corporation grew revenue faster over the last twelve months: 63.1% against 9.24%. Ducommun Incorporated has the higher net margin (−2.45% vs −60.7%) and the higher return on invested capital (−0.97% vs −12.0%). Across the 18 metrics below, Ducommun Incorporated leads on 12 and Redwire Corporation on 6.

Valuation

Metric DCO RDW Aerospace & Defense median
P/E n/m n/m 33.00
P/S 3.01 6.01 3.63
P/B 3.77 1.57 3.24
Price to free cash flow n/m n/m 34.01
EV/EBITDA 147.97 n/m 18.69
EV/Sales 3.29 4.82 3.94
Earnings yield (0.83%) (12.56%) 1.31%
Free cash flow yield (0.93%) (4.14%) 0.00%

Profitability

Metric DCO RDW Aerospace & Defense median
Gross margin 27.43% 20.10% 25.48%
Operating margin (1.66%) (50.50%) 4.54%
Net margin (2.45%) (60.67%) 2.22%
Free cash flow margin (2.81%) (24.86%) 0.00%
Return on equity (3.03%) (20.38%) 6.43%
Return on assets (1.79%) (14.99%) 2.70%
Return on invested capital (0.97%) (12.00%) 1.56%

Growth

Metric DCO RDW Aerospace & Defense median
Revenue growth (TTM) 9.24% 63.10% 18.43%
EPS growth (last fiscal year) (257.21%) 2.98% —
Revenue growth, 5-year CAGR 5.57% 42.32% 9.62%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DCO RDW Aerospace & Defense median
Debt to equity 0.40 0.03 0.24
Current ratio 3.36 3.92 2.72
Net debt to EBITDA (124.40) 0.04 1.12

Dividend

Metric DCO RDW Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio 0.00 0.00 0.00

Size

Metric DCO RDW Aerospace & Defense median
Market cap 2.64b 2.96b 2.52b

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