NAPCO Security Technologies Inc

Chart & Performance

D1W1MN

P/E

24.87

P/S

6.56

EPS

1.36

Div Yield, %

1.07%

Shrs. gr., 5y

-0.10%

Rev. gr., 5y

12.90%

Revenues

189m

+11.07%

Net income

50m

+83.65%

CFO

45m

+83.68%

Dividend

Sep 12, 20240.125 USD/sh

Earnings

Feb 03, 2025

Profile

Napco Security Technologies, Inc. develops, manufactures, and sells electronic security products in the United States and internationally. The company offers access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks. The company's alarm systems include automatic communicators, cellular communication devices, control panels, combination control panels/digital communicators and digital keypad systems, fire alarm control panels, and area detectors; and video surveillance systems comprise video cameras, control panels, video monitors, or PCs. It also buys and resells various identification readers, video cameras, PC-based computers, and peripheral equipment for access control and video surveillance systems; offers school security products; and markets peripheral and related equipment manufactured by other companies. The company markets and sells its products primarily to independent distributors, dealers, and installers of security equipment. Napco Security Technologies, Inc. was founded in 1969 and is headquartered in Amityville, New York.

URL

https://www.napcosecurity.com/

IPO date

Dec 29, 1981

Employees

1,150

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑06	2023‑06	2022‑06	2021‑06	2020‑06	2019‑06	2018‑06	2017‑06	2016‑06	2015‑06
Income
Revenues	188,820 11.07%	169,997 18.39%	143,593 25.92%
Cost of revenue	135,002	139,672	125,368
Unusual Expense (Income)
NOPBT	53,818	30,325	18,225
NOPBT Margin	28.50%	17.84%	12.69%
Operating Taxes	6,568	4,101	2,247
Tax Rate	12.20%	13.52%	12.33%
NOPAT	47,250	26,224	15,978
Net income	49,818 83.65%	27,127 38.41%	19,599 27.16%
Dividends	(13,258)	(2,298)
Dividend yield	0.69%	0.18%
Proceeds from repurchase of equity	427	85	155
BB yield	-0.02%	-0.01%	-0.02%
Debt
Debt current
Long-term debt	11,024	11,378	14,136
Deferred revenue		(2,258)
Other long-term liabilities	1,122	1,110	1,058
Net debt	(86,695)	(55,373)	(32,662)
Cash flow
Cash from operating activities	45,368	24,700	8,332
CAPEX	(1,594)	(2,962)	(1,482)
Cash from investing activities	(3,151)	(28,262)	(1,563)
Cash from financing activities	(12,831)	(2,213)	155
FCF	43,886	26,720	7,531
Balance
Cash	97,719	66,751	46,798
Long term investments
Excess cash	88,278	58,251	39,618
Stockholders' equity	174,698	138,137	113,307
Invested Capital	97,245	86,459	80,431
ROIC	51.44%	31.43%	21.34%
ROCE	29.01%	20.63%	15.16%
EV
Common stock shares outstanding	37,066	37,005	36,867
Price	51.95 49.93%	34.65 68.29%	20.59 -43.39%
Market cap	1,925,579 50.17%	1,282,223 68.92%	759,092 -43.30%
EV	1,838,884	1,226,850	726,430
EBITDA	55,981	32,255	19,996
EV/EBITDA	32.85	38.04	36.33
Interest		903	283
Interest/NOPBT		2.98%	1.55%