The Eastern Company

The Eastern Company manufactures and sells industrial hardware, security products and metal products from over six United States operations and seven foreign subsidiaries. The Company maintains over 13 physical locations. It operates through three segments: Industrial Hardware, Security Products and Metal Products. The Industrial Hardware segment consists of Eberhard Manufacturing, Eberhard Hardware Manufacturing Ltd., Canadian Commercial Vehicles Corporation, Composite Panel Technologies, Eastern Industrial Ltd. and Sesamee Mexicana, S.A. de C.V. The Security Products segment, made up of Greenwald Industries, Argo Transdata, Illinois Lock Company/CCL Security Products, World Lock Company Ltd., Dongguan Reeworld Security Products Ltd. and World Security Industries Ltd., is a manufacturer of security products. The Metal Products segment, based at the Company's Frazer & Jones facility, is a producer of expansion shells for use in supporting the roofs of underground mines.
Type
Public
HQ
Naugatuck, US
Founded
1858
Size (employees)
911 (est)
The Eastern Company was founded in 1858 and is headquartered in Naugatuck, US

The Eastern Company Office Locations

The Eastern Company has an office in Naugatuck
Naugatuck, US (HQ)
112 Bridge St

The Eastern Company Data and Metrics

The Eastern Company Financial Metrics

The Eastern Company's revenue was reported to be $36 m in Q1, 2017
USD

Revenue (Q1, 2017)

36 m

Gross profit (Q1, 2017)

63.8 m

Gross profit margin (Q1, 2017), %

177%

Net income (Q1, 2017)

1.5 m

EBIT (Q1, 2017)

2.2 m

Market capitalization (15-Aug-2017)

167.1 m

Cash (01-Apr-2017)

23.6 m
The Eastern Company's current market capitalization is $167.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

142.5 m140.8 m144.6 m137.6 m

Revenue growth, %

(1%)3%(5%)

Cost of goods sold

112.2 m103.3 m

Gross profit

32.4 m34.3 m

Gross profit Margin, %

22%25%

EBIT

8 m11.1 m

EBIT margin, %

6%8%

Pre tax profit

8 m11.2 m

Net Income

6.9 m7.7 m5.7 m7.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

34.8 m35.8 m36.9 m37 m36.2 m33.1 m36.9 m33.5 m36 m

Cost of goods sold

(27 m)(27.2 m)(29.5 m)(29.1 m)(27.2 m)(26.7 m)(28.3 m)(24.6 m)(27.8 m)

Gross profit

61.8 m63 m66.4 m66.2 m63.4 m59.8 m65.2 m58.1 m63.8 m

Gross profit Margin, %

178%176%180%179%175%181%177%174%177%

General and administrative expense

(5 m)(4.9 m)(6 m)(7.1 m)(5.6 m)(5.5 m)(5.5 m)(5.6 m)(6.1 m)

Operating expense total

(5 m)(4.9 m)(6 m)(7.1 m)(5.6 m)(5.5 m)(5.5 m)(5.6 m)(6.1 m)

EBIT

2.8 m3.7 m1.4 m856 k3.4 m960.9 k3.1 m3.3 m2.2 m

EBIT margin, %

8%10%4%2%10%3%8%10%6%

Interest expense

(64.6 k)(60.7 k)(52.8 k)(47.7 k)(45.2 k)(36.3 k)(32.4 k)(28.8 k)(21 k)

Pre tax profit

2.7 m3.7 m1.3 m828.2 k3.4 m946 k3.1 m3.3 m2.2 m

Income tax expense

1 m1.3 m451.7 k243.6 k883.3 k297.9 k990.8 k863.4 k717.7 k

Net Income

1.7 m2.4 m874 k584.6 k2.5 m648.1 k2.1 m2.4 m1.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

20 m15.8 m17.8 m22.7 m

Accounts Receivable

606 k

Inventories

30.7 m34.4 m36.8 m34 m

Current Assets

71 m71.3 m75.3 m77.7 m

PP&E

26.2 m

Goodwill

13.8 m15 m14.8 m14.8 m

Total Assets

113.9 m121.3 m121.7 m124.2 m

Accounts Payable

7.3 m8.3 m9.1 m7 m

Total Debt

892.9 k

Current Liabilities

13.6 m13.4 m15.2 m12.9 m

Retained Earnings

83 m87.7 m90.6 m95.6 m

Total Equity

81.5 m75 m79.4 m82.5 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

1.4 x1.6 x1.5 x1.5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

19.4 m21.2 m14.1 m13.3 m13.6 m16.7 m20.2 m21.6 m23.6 m

Inventories

30.8 m30.7 m34.2 m34.9 m36.5 m35.7 m34 m34.1 m32.5 m

Current Assets

72.2 m74.4 m71.3 m71.3 m72.9 m73.5 m76.7 m77.6 m78.2 m

PP&E

25.8 m

Goodwill

13.8 m13.8 m14.8 m14.8 m14.7 m14.8 m14.9 m14.8 m14.8 m

Total Assets

115 m117 m120.7 m120.3 m121 m119.3 m122.9 m123.6 m125.1 m

Accounts Payable

8.4 m8.6 m8.2 m9.3 m8.3 m7.8 m9 m8.4 m8 m

Current Liabilities

13 m14 m13 m13 m13.2 m12.4 m13.8 m13.5 m12.6 m

Retained Earnings

84.8 m86.3 m87.9 m87.8 m89.5 m90.6 m92 m93.7 m96.5 m

Total Equity

83.7 m84.9 m74.9 m75.1 m76.3 m80 m79.9 m81.6 m84 m

Financial Leverage

1.4 x1.4 x1.6 x1.6 x1.6 x1.5 x1.5 x1.5 x1.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

6.9 m7.7 m5.7 m7.8 m

Depreciation and Amortization

3.8 m3.5 m3.9 m3.8 m

Accounts Receivable

1.8 m(207.6 k)(852.2 k)(1.1 m)

Inventories

(1.4 m)(2.8 m)(3.1 m)2.5 m

Accounts Payable

(254 k)998.5 k1.2 m(1.8 m)

Cash From Operating Activities

11.3 m9.3 m9.1 m12.4 m

Purchases of PP&E

(5.5 m)(3.6 m)(2.5 m)(2.9 m)

Cash From Investing Activities

(5.5 m)(8.6 m)(2.5 m)(2.9 m)

Long-term Borrowings

(1.4 m)(1.8 m)(1.1 m)(1.4 m)

Dividends Paid

(2.6 m)(3 m)(2.8 m)(2.8 m)

Cash From Financing Activities

(4 m)(4.5 m)(3.9 m)(4.2 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.7 m2.4 m874 k584.6 k2.5 m648.1 k2.1 m2.4 m1.5 m

Inventories

30.8 m30.7 m34.2 m34.9 m36.5 m35.7 m34.1 m32.5 m

Accounts Payable

8.4 m8.6 m8.2 m9.3 m8.3 m7.8 m9 m8.4 m8 m
Y, 2017

Financial Leverage

1.5 x

The Eastern Company Market Value History

Traffic Overview of The Eastern Company

The Eastern Company Company Life and Culture

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