National Presto Industries, Inc. (NYSE:NPK)

PierreArcane568 (< 20) Submitted: 12/29/2009 3:04:05 PM : Start Price: $89.56 NPK Score: -43.35

Very well-managed, shareholder friendly company that is boring but very profitable.

bishopcow (< 20) Submitted: 12/16/2009 11:00:27 AM : Start Price: $82.34 NPK Score: -37.71

High insider ownership, good diversified acquisitions

mistercube (96.91) Submitted: 12/3/2009 2:32:57 PM : Start Price: $78.73 NPK Score: -34.70

Diapers, personal deep-fryers, and munitions - my definition of diversification.

Cash, paid out to shareholders. Improving margins. Absence of debt. Small enough company that management can keep their eyes on the prize: Making money for shareholders (unbelievably, not all American firms share this goal). This is good old-fashioned American entrepreneurship.

gogobrigado (50.22) Submitted: 11/26/2009 12:10:13 PM : Start Price: $75.93 NPK Score: -34.83

Company with good earnings growth relative to earnings that the company re-invests. Helps that CEO is a big shareholder.

rknapton (59.02) Submitted: 11/14/2009 5:52:16 PM : Start Price: $75.04 NPK Score: -31.62

NPK (National Presto Inc.)
This is a nice boring company that I believe is undervalued precisely because it is such a boring (yet cash cow) company. They make small appliance items for the kitchen primarily. You can check out their products at their website: http://www.gopresto.com/ Next years estimates for revenues are roughly $525 million, up from just over $300 million in 2006, so it's not like it's a non-growth company, it's just not in a sexy industry like the next non pick is. At just 12 times both trailing and forward earnings they can easily afford their measly $1 dividend (for a 13% payout ratio), not to mention they have $0 debt and $135 million in cash.

RK

atopthemountain (< 20) Submitted: 5/22/2009 4:03:26 PM : Start Price: $63.07 NPK Score: -46.29

NPK's stock price has had a run, no doubt. But the history shows 20+% earnings growth, virtually no debt, lots of cash, and a record of paying out muchof the earnings in dividends. It's an odd mix of products; ammunition, adult diaper products, and cookwares, but they've made it work. This one is flying under the radar, as it is too small for many analysts, though this one is by no means unknown to those who follow the small to midcap universe of stocks and fund managers in those categories. Note the low P/E ratio compared to earnings growth.......and you decide. I own some and will add to my position in market weakness. My screen lists the beta as .83, but I think lately it has been higher. I plan on holding for 5 years or more. Some would say that it is right at its fifty two week high and subject to a pullback, which may be true, but considering the growth record and low debt, I consider it cheap.

StockSpreadsheet (76.22) Submitted: 1/31/2009 4:10:26 PM : Start Price: $58.89 NPK Score: -32.50

The pitch for this stock can be found on the Stinky Feet bulletin board at http://boards.fool.com/Message.asp?mid=26988317 . Hope to see you there to let us know what you think of this stock.

SkinInvest (97.41) Submitted: 1/25/2009 4:39:02 PM : Start Price: $53.47 NPK Score: -37.23

When times are tough, I love companies with no debt, lots of ways to make money, and growth opportunities. This company is a bargain with P/E of 11.46

WilliamCrook2007 (< 20) Submitted: 11/20/2008 2:33:00 PM : Start Price: $43.87 NPK Score: -20.10

IBD

NeanderthalMan (76.61) Submitted: 10/14/2008 12:33:25 PM : Start Price: $38.40 NPK Score: +28.64

No more cooking dead rat over fire pit... now use National Presto appliance...

foolalex9 (97.88) Submitted: 10/14/2008 11:43:02 AM : Start Price: $42.22 NPK Score: +22.75

mgiv

thestinkyfeet (98.48) Submitted: 9/13/2008 5:45:16 AM : Start Price: $58.82 NPK Score: +0.28

The pitch for this stock, and a discussion on its merits/faults, can be found on the Motley Fool Stinky Feet discussion board at http://boards.fool.com/Messages.asp?bid=119057&mid=26922092

Stop by and let us know what you think.

dejonese (< 20) Submitted: 8/26/2008 2:19:44 AM : Start Price: $57.60 NPK Score: +7.45

nice numbers while there's war... sadly

5SsmallcapDIV (77.23) Submitted: 8/3/2008 5:19:55 PM : Start Price: $55.31 NPK Score: +11.36

5 Star/Small cap/Pays dividend

EldrehadsPicks (89.25) Submitted: 6/30/2008 2:35:52 AM : Start Price: $48.86 NPK Score: +28.70

Take the cloud of an SEC lawsuit and late filings (despite the fact that the appeals court ultimately ruled in the company’s favor) and couple them with a group of businesses ranging from small appliances, to military ammunition, to adult diapers, and it’s not hard to see why National Presto’s shares may have been ignored by many.

I think they’re clearly worth a second look, however.

As diverse as this collection of businesses may be, the company has been growing both the top and the bottom line at a rather rapid pace, boasts a pristine balance sheet with zero debt, has a very shareholder friendly management team, and sports an attractive valuation.

Odd group of businesses? Maybe. But I think the value proposition offered by National Presto Industries is, at present, far too pretty to ignore.

Please see my blog for a more detailed analysis.

nilshp (95.97) Submitted: 6/27/2008 8:25:18 AM : Start Price: $50.64 NPK Score: +24.22

Fortune 40 Deep Value