Eve Holding, Inc. (EVEX) vs Park Aerospace Corp. (PKE)

Eve Holding, Inc. and Park Aerospace Corp. are both Aerospace & Defense companies. Eve Holding, Inc. is the larger, with a market value of $756.2M against $645.1M — 1.2× the size. Eve Holding, Inc. has negative trailing earnings, so its P/E is not meaningful; Park Aerospace Corp. trades at 47.8×. Park Aerospace Corp. has the higher net margin (16.7% vs 0.00%) and the higher return on invested capital (22.7% vs −49.8%). Across the 15 metrics below, Park Aerospace Corp. leads on 15 and Eve Holding, Inc. on 0.

Valuation

Metric EVEX PKE Aerospace & Defense median
P/E n/m 47.79 33.00
P/S n/m 8.25 3.63
P/B 33.44 4.80 3.24
Price to free cash flow n/m 57.36 34.01
EV/EBITDA n/m 31.81 18.69
EV/Sales n/m 7.08 3.94
Earnings yield (28.57%) 2.09% 1.31%
Free cash flow yield (27.34%) 1.74% 0.00%

Profitability

Metric EVEX PKE Aerospace & Defense median
Gross margin 0.00% 31.92% 25.48%
Operating margin 0.00% 19.81% 4.54%
Net margin 0.00% 16.70% 2.22%
Free cash flow margin 0.00% 14.38% 0.00%
Return on equity (1,179.18%) 10.79% 6.43%
Return on assets (59.50%) 9.60% 2.70%
Return on invested capital (49.77%) 22.69% 1.56%

Growth

Metric EVEX PKE Aerospace & Defense median
Revenue growth (TTM) — 20.10% 18.43%
EPS growth (last fiscal year) (45.83%) 93.10% —
Revenue growth, 5-year CAGR — 6.47% 9.62%
Net income growth, 5-year CAGR 0.00% 5.90% 0.00%

Health

Metric EVEX PKE Aerospace & Defense median
Debt to equity 13.90 0.00 0.24
Current ratio 3.48 15.29 2.72
Net debt to EBITDA (0.34) (5.82) 1.12

Dividend

Metric EVEX PKE Aerospace & Defense median
Dividend yield — 3.43% 1.04%
Payout ratio 0.00 0.82 0.00

Size

Metric EVEX PKE Aerospace & Defense median
Market cap 756.22m 645.14m 2.52b

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