Park Aerospace Corp. (PKE) intrinsic value & 10-year financials

Park Aerospace Corp. (PKE) has a Graham intrinsic value of $11.84 per share. At $26.31 on Oct 17, 2026, the stock trades 122% above that value. Over the last 10 fiscal years revenue grew 9.7% a year to $73.3M, with an average return on invested capital of 6.4%.

Graham intrinsic value
$11.84
Share price (Oct 17, 2026)
$26.31
Price vs Graham value
122% above
Market cap
$529.3M
Revenue (FY2026)
$73.3M
Revenue growth (10-yr CAGR)
9.7%
ROIC (10-yr avg)
6.4%
Free cash flow (FY2026)
$9.5M

PKE 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $73.3M $11.3M $0.56 $9.5M 18.4% 14.7%
FY2025 $62.0M $5.9M $0.29 $3.8M 15.1% 6.0%
FY2024 $56.0M $7.5M $0.37 $3.8M 15.0% 6.1%
FY2023 $54.1M $10.7M $0.00 $5.4M 18.4% 8.2%
FY2022 $53.6M $8.5M $0.00 $3.8M 21.3% 7.5%
FY2021 $46.3M $4.9M $0.00 $5.5M 11.9% 3.3%
FY2020 $60.0M $9.6M $0.00 -$1.6M 17.9% 5.6%
FY2019 $51.1M $113.5M $0.01 $4.8M 14.1% 4.8%
FY2018 $40.2M $20.6M $0.00 $2.5M 5.1% 1.4%
FY2017 $31.8M $9.3M $0.00 $12.9M 31.4% 5.9%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

PARK AEROSPACE CORP is a consistent compounder, expanding top-line revenue at 9.7% annually over the past decade.

PARK AEROSPACE CORP has historically struggled to out-earn its cost of capital, averaging just 6.5% ROIC.

Over the decade, PARK AEROSPACE CORP shows that management has aggressively returned capital to shareholders by retiring 99.9% of outstanding shares.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, PARK AEROSPACE CORP is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $11.84 per share.

PKE stock: frequently asked questions

What is the intrinsic value of Park Aerospace Corp. (PKE) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 8.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, PKE's intrinsic value is about $11.84 per share.

Is PKE stock undervalued?

At $26.31 (close on Oct 17, 2026), PKE trades 122% above its Graham value of $11.84. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Park Aerospace Corp. grown?

Revenue went from $31.8M in fiscal 2017 to $73.3M in fiscal 2026, a compound annual growth rate of 9.7%. Net income was $11.3M in fiscal 2026.

Does Park Aerospace Corp. generate free cash flow?

Park Aerospace Corp. generated $9.5M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 9 of the last 10 reported years.

What is PKE's return on invested capital?

Average ROIC over the last 10 fiscal years was 6.4%, and average return on equity was 14.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this PKE data come from?

From Park Aerospace Corp.'s annual 10-K filings on SEC EDGAR, most recently filed Jul 20, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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