National Presto Industries, Inc NPK

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
58/100
Moderate

About National Presto Industries, Inc

National Presto Industries, Inc. provides housewares and small appliance, defense, and safety products in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; kitchen electrics, and comfort appliances; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; … Full NPK analysis →

Competitive advantage assessment

Key strengths

  • ROIC Sustainably Above Peers ROIC at 66.7th percentile exceeds peers and WACC, demonstrating superior capital allocation.
  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.78), demonstrating pricing resilience across cycles.

Key risks

  • Weak or Negative Cash Flow Cash generation is weak (score 0.39), limiting financial flexibility.
  • Inconsistent Cash Generation Cash generation is inconsistent (score 0.39), indicating operational challenges.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
56

Where NPK ranks in Aerospace & Defense

National Presto Industries, Inc ranks #33 of 80 scored companies in Aerospace & Defense by moat score — the top 41%. The widest moat in the group is Howmet Aerospace Inc. (HWM) at 80/100.

Moat scores for companies ranked near NPK in Aerospace & Defense
# Company Moat score Rating
29 Astronics Corporation ATRO 60/100 Moderate
30 Byrna Technologies, Inc. BYRN 60/100 Moderate
31 AAR Corp. AIR 59/100 Moderate
32 Karman Holdings Inc. KRMN 59/100 Moderate
33 National Presto Industries, Inc NPK 58/100 Moderate
34 Huntington Ingalls Industries, HII 57/100 Moderate
35 Smith & Wesson Brands, Inc. SWBI 52/100 Moderate
36 Kratos Defense & Security Solut KTOS 52/100 Moderate
37 V2X, Inc. VVX 51/100 Moderate

See every General Corporate company ranked by moat score →

How NPK scores on the Corporate Default defenses

Pricing Power

Score 56 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 72 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 44 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 69 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 63 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 44 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding NPK's moat

What is National Presto Industries, Inc's moat score?

National Presto Industries, Inc (NPK) scores 58 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #33 of 80 scored companies in Aerospace & Defense, the top 41%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 79 companies in Aerospace & Defense. Its strongest defense is Cost Advantage (72/100) and its weakest is Scale & Market Position (44/100).

How does National Presto Industries, Inc compare with other Aerospace & Defense companies?

National Presto Industries, Inc ranks #33 of 80 scored companies in Aerospace & Defense by moat score. The widest moat in Aerospace & Defense is Howmet Aerospace Inc. (HWM) at 80/100. The companies ranked closest are Karman Holdings Inc. (KRMN) at 59 just above it and Huntington Ingalls Industries, (HII) at 57 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 79 companies in Aerospace & Defense. The defenses are then weighted to produce the overall score out of 100.

Why is National Presto Industries, Inc scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for National Presto Industries, Inc?

The Corporate Default template measures 6 defenses, and NPK scores: Pricing Power (56), Cost Advantage (72), Customer Stickiness (44), Capital Efficiency (69), Resilience (63), Scale & Market Position (44). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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