The Eastern CompanyEML

$23.68+1.76 (+8.03%)
NASDAQIndustrials24:00 UTC

Company snapshot

Market Cap
$144M
Micro-cap
+30%
2016 — today
10-Year Price
+34%
2016 — today
52-Week Range
$17.79$26.77
Current $23.68· 66%

The Eastern Company, founded in 1858 and based in Naugatuck, Connecticut, operates as a global provider specializing in the engineering, production, and sale of diverse industrial solutions across various international and domestic markets. Its extensive offerings include comprehensive, reusable packaging systems, which are integral to the assembly processes for vehicles, aircraft, and durable goods. These systems are also critical for the manufacturing of plastic packaging, consumer goods, and pharmaceutical products. The company is a key player in molding technology, designing and fabricating a variety of blow mold tools, injection blow mold tooling, and two-step stretch blow molds with their associated components. These crucial parts are supplied to the food, beverage, healthcare, and chemical sectors. Beyond packaging and molding, Eastern Company produces a broad selection of access and security hardware, such as rotary, compression, and draw latches, hinges, camlocks, key switches, padlocks, and handles. It further provides expert development and program management services for customized electromechanical and mechanical systems. Additionally, its portfolio encompasses the creation and manufacture of proprietary vision technology, catering to both original equipment manufacturers (OEMs) and aftermarket clients. The company also supplies replacement components specifically for the heavy-duty truck industry.

Valuation in context

P/E ratio
24.8
Historically pricey
Historically pricey — last 10 years
P/B ratio
1.2
Below average
Below the 10-year average
EV / EBITDA
13.1
Near historic high
Near historic highs — last 10 years
Dividend Yield
1.9%
Around average
Around the 10-year average
FCF Yield
6.8%
Around average
Around the 10-year average
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