AI Spotlight on DCO
Company Description
Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States.It operates through two segments, Electronic Systems and Structural Systems.The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; higher-level electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, shipboard communications and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.
It also supplies engineered products, including illuminated pushbutton switches and panels for aviation and test systems; microwave and millimeter switches and filters for radio frequency systems and test instrumentation; and motors and resolvers for motion control.In addition, this segment provides engineering expertise for aerospace system design, development, integration, and testing.The Structural Systems segment designs, engineers, and manufactures contoured aluminum, titanium, and Inconel aero structure components; structural assembly products, such as winglets, engine components, and fuselage structural panels; and metal and composite bonded structures and assemblies comprising aircraft wing spoilers, large fuselage skins, rotor blades on rotary-wing aircraft and components, flight control surfaces, engine components, ammunition handling systems, and magnetic seals.
It serves commercial aircraft, military fixed-wing aircraft, military and commercial rotary-wing aircraft, and space programs, as well as industrial, medical, and other end-use markets.The company was founded in 1849 and is headquartered in Santa Ana, California.
Market Data
Last Price | 68.38 |
Change Percentage | -0.39% |
Open | 68.46 |
Previous Close | 68.65 |
Market Cap ( Millions) | 1011 |
Volume | 68440 |
Year High | 70.5 |
Year Low | 47.53 |
M A 50 | 65.37 |
M A 200 | 62.0 |
Financial Ratios
FCF Yield | 2.82% |
Dividend Yield | 0.00% |
ROE | 4.58% |
Debt / Equity | 43.36% |
Net Debt / EBIDTA | 356.36% |
Price To Book | 1.52 |
Price Earnings Ratio | 33.94 |
Price To FCF | 35.48 |
Price To sales | 1.29 |
EV / EBITDA | 17.89 |
News
- Jan -21 - Why Ducommun (DCO) is Poised to Beat Earnings Estimates Again
- Jan -06 - Ducommun Incorporated Announces Award of Patriot Conduit Harness Order from Bayern-Chemie GmbH
- Dec -18 - Top 3 Aerospace and Defense Stocks Flying Under the Radar
- Dec -09 - Ducommun Incorporated named Gold βPartner2Win' Medallion Winner by BAE Systems at its Sixth Annual βPartner2Win' Supplier Symposium
- Dec -02 - Ducommun to Participate in Goldman SachsΒ Industrials and Materials Conference
- Nov -23 - Ducommun: More Upside On Boeing And Airbus Ramp Up
- Nov -22 - Ducommun: Revenue Growth, Airbus Strength, And Vision 2027 Progress
- Nov -09 - Ducommun Incorporated (DCO) Q3 2024 Earnings Call Transcript
- Nov -07 - Ducommun (DCO) Beats Q3 Earnings and Revenue Estimates
- Nov -07 - Ducommun Appoints Daniel G. Korte and Daniel L.
- Nov -07 - Ducommun Incorporated Reports Third Quarter 2024 Results
- Oct -24 - Ducommun Incorporated Announces Third Quarter Conference Call
- Oct -18 - Ducommun Incorporated Celebrates 175th Anniversary by Ringing the Closing Bell at the New York Stock Exchange
- Sep -19 - Ducommun: Aerospace Growth And Strategic Restructuring Amid Boeing Challenges
- Sep -17 - Ducommun to Participate in RBC Global Industrials Conference
- Aug -29 - Ducommun to Participate in Gabelli Aerospace & Defense Symposium
- Aug -21 - Ducommun to Participate in Jefferies Industrials Conference
- Aug -19 - Defense sector stock plays for investors to consider
- Aug -08 - Ducommun (DCO) Q2 Earnings and Revenues Beat Estimates
- Aug -08 - Ducommun Incorporated ReportsΒ Second Quarter 2024 Results
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Electronic Systems
Expected Growth : 4.5 %
What the company do ?
Ducommun Incorporated's Electronic Systems segment provides electronic and electromechanical solutions for the aerospace, defense, and industrial markets.
Why we expect these perspectives ?
Ducommun's Electronic Systems segment growth is driven by increasing demand for advanced electronic systems in the aerospace and defense industries, coupled with the company's strategic acquisitions and investments in research and development. Additionally, the growing need for cybersecurity and communication systems in military and commercial aircraft is also contributing to the segment's 4.5% growth.
Segment nΒ°2 -> Structural Systems
Expected Growth : 4.8 %
What the company do ?
Ducommun Incorporated's Structural Systems provide complex assemblies and components for aerospace and defense industries, including aircraft and missile structures, satellite components, and more.
Why we expect these perspectives ?
Ducommun's Structural Systems segment growth is driven by increasing demand for lightweight composite structures in aerospace and defense, coupled with the company's strategic investments in advanced manufacturing technologies and expansion into adjacent markets, such as space and industrial applications.
Ducommun Incorporated Products
Product Range | What is it ? |
---|---|
Structural Systems | Ducommun Incorporated provides structural systems, including aircraft structures, such as fuselage, wings, and control surfaces, as well as satellite structures and launch vehicle components. |
Electronic Systems | Ducommun Incorporated offers electronic systems, including electronic assemblies, wiring harnesses, and interconnect systems for aerospace, defense, and industrial applications. |
Microelectronic Technologies | Ducommun Incorporated provides microelectronic technologies, including printed circuit boards, semiconductor packaging, and microelectronic assembly services. |
Engineering and Design Services | Ducommun Incorporated offers engineering and design services, including design, analysis, and testing of complex systems and components. |
Manufacturing and Assembly Services | Ducommun Incorporated provides manufacturing and assembly services, including machining, fabrication, and assembly of complex systems and components. |
Ducommun Incorporated's Porter Forces
Threat Of Substitutes
Ducommun Incorporated faces moderate threat from substitutes due to the availability of alternative materials and technologies in the aerospace and defense industry.
Bargaining Power Of Customers
Ducommun Incorporated has a diverse customer base, which reduces the bargaining power of individual customers, giving the company an upper hand in negotiations.
Bargaining Power Of Suppliers
Ducommun Incorporated relies on a few key suppliers for critical components, giving them some bargaining power, but the company's size and diversification mitigate this risk.
Threat Of New Entrants
The aerospace and defense industry has high barriers to entry, including significant capital requirements and regulatory hurdles, making it difficult for new entrants to compete with Ducommun Incorporated.
Intensity Of Rivalry
The aerospace and defense industry is highly competitive, with several established players competing for market share, driving innovation and pricing pressure on Ducommun Incorporated.
Capital Structure
Value | |
---|---|
Debt Weight | 30.00% |
Debt Cost | 7.23% |
Equity Weight | 70.00% |
Equity Cost | 10.26% |
WACC | 9.35% |
Leverage | 42.86% |
Ducommun Incorporated : Quality Control
Ducommun Incorporated passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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TGI | Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. It operates in two segments, Triumph Systems & Support, and Triumph Aerospace β¦ |
CVU | CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, β¦ |
IVAC | Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe. It designs, develops, β¦ |
ASTC | Astrotech Corporation operates as a science and technology development and commercialization company worldwide. It operates through three segments, Astrotech Technologies, Inc. (ATI), 1st Detect Corporation (1st Detect), and AgLAB Inc β¦ |
SIF | SIFCO Industries, Inc. produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company's processes and services include forging, heat-treating, β¦ |