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National Presto Industries Inc. Message Board

  • profitprophetgold profitprophetgold Sep 30, 2010 10:29 AM Flag

    $130 fair value target for NPK

    My assumptions are quite reasonable
    Next year (2011) EPS to grow 10% which is roughly $10 a share in earnings.

    Give them a conservative PE ratio of 11 (seems low based on their outstandng long term track record).

    So here is the easy math:
    $10 EPS x 11 PE = $110

    then add $20 a share that they have on the balance sheet and you get $130 a share.
    This is not a "trade" this is an investment...but while you wait for appreciation you will collect a nice dividend early in 2011!


88.59-1.17(-1.30%)Aug 26 4:02 PMEDT