ESP
Espey Mfg. & Electronics Corp.Industrials·Electrical Equipment & Parts
$57.95
$174M market cap
Revenue
$42.3M
Free Cash Flow
$4.4M
Rev Growth
+0.0%
FCF Margin
10.4%
P/FCF
39.4x
EV/FCF
28.8x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company's principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, antennas, and high-power radar systems for use in AC and DC locomotives,
2-Year Price History
$57.60+192.5%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q3 | 11.4 | 3.1 | 3.0 | 2.9 | 3.4 | 3.2 | -0.2 | 46.7 | 0.0 | 2.9 | 46.1% | -- | 9.4x |
| Act | 2026-Q2 | 12.1 | 3.2 | 3.1 | 2.8 | -2.8 | -4.1 | -1.3 | 43.2 | 0.0 | 2.9 | 51.4% | -- | -- |
| Act | 2026-Q1 | 9.1 | 2.2 | 2.1 | 2.2 | 5.7 | 4.4 | -1.3 | 46.9 | 0.0 | 2.9 | 40.9% | -- | -- |
| Act | 2025-Q4 | 9.6 | 2.8 | 2.6 | 2.9 | 2.8 | 0.9 | -1.9 | 43.6 | 0.0 | 2.8 | 53.6% | -- | -- |
Historical Valuation
Multiples vs the company's own history — cheap or rich relative to itself? Historical fiscal years, then TTM, then forward projections (E). Forward rows hold today's price against projected earnings, so the multiple compresses if the company grows into it.
| Year | Price | Rev Gr | EBITDA % | EBITDA | EV/EBITDA | EV/FCF | P/E | P/S |
|---|---|---|---|---|---|---|---|---|
| TTM | 57.95 | 0.0% | 26.6% | 11 | 0.0× | 0.0× | 0.0× | 0.0× |
EBITDA in reporting-currency $M. Historical multiples use year-end market cap (split-adjusted price history); TTM & forward years use today's.
Valuation & Metrics
Market Stats
Price$57.95
Market Cap$174M
Enterprise Value$127M
P/S Ratio4.1x
P/FCF39.4x
EV/FCF28.8x
FCF Margin (TTM)10.4%
FCF Yield2.5%
Dividend Yield (TTM)3.5%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$42.3M
Net Income$10.8M
Free Cash Flow$4.4M
Revenue Growth (YoY)+0.0%
EBITDA Margin26.6%
Net Margin25.5%
FCF Margin10.4%
CapEx % of Revenue11.0%
SBC % of Revenue0.9%
ROIC48.0%
WC Change % Rev-16.5%
Interest Coverage--
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)+3.0%
Need at least 2 settlement dates for chart
Employees
Headcount148
Revenue / Employee$285,464
Gross Profit / Employee$104,261
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
22.1%(+16.7% YoY)
52 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
7.8%(+4.3% YoY)
8 filers
Vanguard, iShares, SPDR
Market makers
0.3%(+0.3% YoY)
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | $5.7M | $21.56 | −$6K | −$140K | +1.2% | $63.91B |
| DIMENSIONAL FUND ADVISORS LPPassive | $5.2M | $26.55 | −$309K | −$572K | -0.4% | $480.92B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $4.7M | $55.42 | +$4.7M | +$4.7M | — | $4.04T |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $3.4M | $28.72 | +$0 | +$0 | +0.1% | $184.72B |
| De Lisle Partners LLP | $3.1M | $26.50 | +$0 | +$346K | -0.7% | $836M |
| AMERICAN CENTURY COMPANIES INC | $2.9M | $43.79 | +$922K | +$2.5M | +0.7% | $193.48B |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $1.7M | $45.02 | +$219K | +$1.7M | +0.1% | $19.92B |
| MILLENNIUM MANAGEMENT LLC | $1.5M | $55.42 | +$1.5M | +$1.5M | -0.5% | $127.40B |
| TWO SIGMA INVESTMENTS, LP | $1.4M | $42.16 | +$326K | +$1.4M | -0.9% | $117.03B |
| SEI INVESTMENTS CO | $1.4M | $55.42 | +$1.4M | +$1.4M | -0.4% | $108.06B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $1.4M | $24.25 | −$13K | −$118K | +2.3% | $1.61T |
| RITHOLTZ WEALTH MANAGEMENT | $1.3M | $46.26 | +$348K | +$1.3M | +0.2% | $5.76B |
| Informed Momentum Co LLC | $1.1M | $32.86 | +$21K | +$1.1M | +7.7% | $865M |
| CITADEL ADVISORS LLC | $1.1M | $41.23 | +$787K | +$1.1M | -0.4% | $138.22B |
| Sidoxia Capital Management, LLC | $1.0M | $55.42 | +$1.0M | +$1.0M | — | $115M |
| STEEL PARTNERS HOLDINGS L.P. | $921K | $46.92 | +$0 | +$921K | -9.0% | $96.4M |
| SummerHaven Investment Management, LLC | $888K | $39.21 | −$107K | +$888K | -0.6% | $162M |
| WELLS FARGO & COMPANY/MN | $859K | $19.46 | −$249K | −$325K | -0.2% | $497.71B |
| NAPLES GLOBAL ADVISORS, LLC | $825K | $42.27 | +$24K | +$825K | -0.1% | $1.37B |
| Sage Investment Advisers LLC | $823K | $55.42 | +$0 | +$823K | +1.4% | $131M |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
+0.14%
avg per quarter
Holders (ex-self)
+0.14%
excl. this stock
Buyers (this Q)
+0.10%
34 buyers · $0.02B in
Sellers (this Q)
+3.29%
17 sellers · $-0.00B out
alpha coverage: 87% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+3.9%
how holders react when this stock falls
On quiet Qs
-0.8%
−10% to +10% baseline
On rallies (+10%+)
+13.4%
how they react when this stock rises
Holders' portfolio flow this Q
+4.8%
inflows — adds are organic
Sellers' portfolio flow this Q
+5.3%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-7.4%
Holder mid (any stock)
-5.0%
Holder rally (any stock)
-5.4%
Biggest decreases this quarter
Hillsdale Investment Management Inc.exited−$325KDIMENSIONAL FUND ADVISORS LP−$309Kα-0.4Heron Bay Capital Managementexited−$272KWELLS FARGO & COMPANY/MN−$249Kα-0.2SummerHaven Investment Management, LLC−$107Kα-0.6STATE STREET CORP−$97Kα-0.2BANK OF AMERICA CORP /DE/exited−$60KNewEdge Advisors, LLCexited−$15KGEODE CAPITAL MANAGEMENT, LLC−$13Kα+2.3Bank of New York Mellon Corp−$6Kα-0.2
New buyers this quarter
Top-5 holders · 42.8%
RENAISSANCE TECHNOLOGIES LLC--
DIMENSIONAL FUND ADVISORS LP--
VANGUARD CAPITAL MANAGEMENT LLC--
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP--
De Lisle Partners LLP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
RENAISSANCE TECHNOLOGIES LLC103KARROWSTREET CAPITAL, LIMITED PARTNERSHIP62KDe Lisle Partners LLP56KAMERICAN CENTURY COMPANIES INC53KO'SHAUGHNESSY ASSET MANAGEMENT, LLC31KMILLENNIUM MANAGEMENT LLC28KTWO SIGMA INVESTMENTS, LP26KSEI INVESTMENTS CO25KRITHOLTZ WEALTH MANAGEMENT24KMARSHALL WACE, LLP9K
Analyst Coverage
Analyst Coverage
Analyst Ratings
3
Hold: 3Consensus: Hold
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Sells ($, 12mo)
$1.64M
15 txns · 4 insiders · 34,047 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-05-15 | SELL | CORR PAUL J | director | 2,550 | $66.36 | $169K | $1.36M |
| 2026-02-19 | SELL | WOOL MICHAEL W | director | 1,000 | $57.90 | $58K | $1.01M |
| 2026-02-18 | SELL | CORR PAUL J | director | 4,642 | $58.06 | $270K | $1.19M |
| 2026-02-13 | SELL | ONEIL DAVID A | director, officer: President & CEO | 8,856 | $50.00 | $443K | $813K |
| 2025-12-29 | SELL | ONEIL DAVID A | director, officer: President & CEO | 1,000 | $45.76 | $46K | $798K |
| 2025-12-26 | SELL | ONEIL DAVID A | director, officer: President & CEO | 1,000 | $46.78 | $47K | $862K |
| 2025-12-19 | SELL | ONEIL DAVID A | director, officer: President & CEO | 1,000 | $44.00 | $44K | $855K |
| 2025-12-18 | SELL | ONEIL DAVID A | director, officer: President & CEO | 1,000 | $43.50 | $44K | $889K |
| 2025-12-16 | SELL | HELMETAG CARL | director | 1,000 | $44.99 | $45K | $925K |
| 2025-06-24 | SELL | ONEIL DAVID A | director, officer: President & CEO | 4,042 | $40.00 | $162K | $0 |
| 2025-06-23 | SELL | ONEIL DAVID A | director, officer: President & CEO | 1,958 | $40.04 | $78K | $0 |
| 2025-06-11 | SELL | CORR PAUL J | director | 2,000 | $41.07 | $82K | $839K |
| 2025-06-03 | SELL | ONEIL DAVID A | director, officer: President & CEO | 1,023 | $38.00 | $39K | $0 |
| 2025-05-29 | SELL | ONEIL DAVID A | director, officer: President & CEO | 1,977 | $38.05 | $75K | $39K |
| 2025-05-23 | SELL | ONEIL DAVID A | director, officer: President & CEO | 999 | $36.00 | $36K | $108K |
Order Flow (FINRA, ~3w lag)
41.3%retail+6.0pp
12.0%dark-3.1pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Espey Mfg. & Electronics: Robust Liquid Fortress Masking Aggressive Milestone Accounting
Overall Risk
4/10
Fraud
3/10
Dilution
3/10
Insolvency
1/10
Earnings Overstated
5/10
Hidden Liabilities
3/10
Legal
2/10
Audit Warnings
1/10
Hidden Upside
8/10
Contextually Acceptable
8/10