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.

The Eastern Company was founded in 1858 and is headquartered in Naugatuck, US

The Eastern Company has an office in Naugatuck

Naugatuck, US (HQ)

112 Bridge St

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.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 142.5 m | 140.8 m | 144.6 m | 137.6 m |

## Revenue growth, % | (1%) | 3% | (5%) | |

## Cost of goods sold | 112.2 m | 103.3 m | ||

## Gross profit | 32.4 m | 34.3 m | ||

## Gross profit Margin, % | 22% | 25% | ||

## EBIT | 8 m | 11.1 m | ||

## EBIT margin, % | 6% | 8% | ||

## Pre tax profit | 8 m | 11.2 m | ||

## Net Income | 6.9 m | 7.7 m | 5.7 m | 7.8 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 34.8 m | 35.8 m | 36.9 m | 37 m | 36.2 m | 33.1 m | 36.9 m | 33.5 m | 36 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 m | 63 m | 66.4 m | 66.2 m | 63.4 m | 59.8 m | 65.2 m | 58.1 m | 63.8 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 m | 3.7 m | 1.4 m | 856 k | 3.4 m | 960.9 k | 3.1 m | 3.3 m | 2.2 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 m | 3.7 m | 1.3 m | 828.2 k | 3.4 m | 946 k | 3.1 m | 3.3 m | 2.2 m |

## Income tax expense | 1 m | 1.3 m | 451.7 k | 243.6 k | 883.3 k | 297.9 k | 990.8 k | 863.4 k | 717.7 k |

## Net Income | 1.7 m | 2.4 m | 874 k | 584.6 k | 2.5 m | 648.1 k | 2.1 m | 2.4 m | 1.5 m |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 20 m | 15.8 m | 17.8 m | 22.7 m |

## Accounts Receivable | 606 k | |||

## Inventories | 30.7 m | 34.4 m | 36.8 m | 34 m |

## Current Assets | 71 m | 71.3 m | 75.3 m | 77.7 m |

## PP&E | 26.2 m | |||

## Goodwill | 13.8 m | 15 m | 14.8 m | 14.8 m |

## Total Assets | 113.9 m | 121.3 m | 121.7 m | 124.2 m |

## Accounts Payable | 7.3 m | 8.3 m | 9.1 m | 7 m |

## Total Debt | 892.9 k | |||

## Current Liabilities | 13.6 m | 13.4 m | 15.2 m | 12.9 m |

## Retained Earnings | 83 m | 87.7 m | 90.6 m | 95.6 m |

## Total Equity | 81.5 m | 75 m | 79.4 m | 82.5 m |

## Debt to Equity Ratio | 0 x | |||

## Debt to Assets Ratio | 0 x | |||

## Financial Leverage | 1.4 x | 1.6 x | 1.5 x | 1.5 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 19.4 m | 21.2 m | 14.1 m | 13.3 m | 13.6 m | 16.7 m | 20.2 m | 21.6 m | 23.6 m |

## Inventories | 30.8 m | 30.7 m | 34.2 m | 34.9 m | 36.5 m | 35.7 m | 34 m | 34.1 m | 32.5 m |

## Current Assets | 72.2 m | 74.4 m | 71.3 m | 71.3 m | 72.9 m | 73.5 m | 76.7 m | 77.6 m | 78.2 m |

## PP&E | 25.8 m | ||||||||

## Goodwill | 13.8 m | 13.8 m | 14.8 m | 14.8 m | 14.7 m | 14.8 m | 14.9 m | 14.8 m | 14.8 m |

## Total Assets | 115 m | 117 m | 120.7 m | 120.3 m | 121 m | 119.3 m | 122.9 m | 123.6 m | 125.1 m |

## Accounts Payable | 8.4 m | 8.6 m | 8.2 m | 9.3 m | 8.3 m | 7.8 m | 9 m | 8.4 m | 8 m |

## Current Liabilities | 13 m | 14 m | 13 m | 13 m | 13.2 m | 12.4 m | 13.8 m | 13.5 m | 12.6 m |

## Retained Earnings | 84.8 m | 86.3 m | 87.9 m | 87.8 m | 89.5 m | 90.6 m | 92 m | 93.7 m | 96.5 m |

## Total Equity | 83.7 m | 84.9 m | 74.9 m | 75.1 m | 76.3 m | 80 m | 79.9 m | 81.6 m | 84 m |

## Financial Leverage | 1.4 x | 1.4 x | 1.6 x | 1.6 x | 1.6 x | 1.5 x | 1.5 x | 1.5 x | 1.5 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 6.9 m | 7.7 m | 5.7 m | 7.8 m |

## Depreciation and Amortization | 3.8 m | 3.5 m | 3.9 m | 3.8 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 k | 1.2 m | (1.8 m) |

## Cash From Operating Activities | 11.3 m | 9.3 m | 9.1 m | 12.4 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) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 1.7 m | 2.4 m | 874 k | 584.6 k | 2.5 m | 648.1 k | 2.1 m | 2.4 m | 1.5 m |

## Inventories | 30.8 m | 30.7 m | 34.2 m | 34.9 m | 36.5 m | 35.7 m | 34.1 m | 32.5 m | |

## Accounts Payable | 8.4 m | 8.6 m | 8.2 m | 9.3 m | 8.3 m | 7.8 m | 9 m | 8.4 m | 8 m |

Y, 2017 | |
---|---|

## Financial Leverage | 1.5 x |