NAPCO SECURITY TECHNOLOGIES, INC (NSSC)

Communications Equipment, NEC

Latest Price

$35.86

TTM P/E

34.48

Normalized P/E

39.98

Div Yield

1.60%

Book Value

4.98

P/B Ratio

7.20

Valuation metrics

EPS: $1.20

Book value / share: $5.34

Formula: √(22.5 × EPS × BVPS)

Graham Number

$12.01

67% downside

Norm. op. income: $30M (median of 7yr)

Tax rate: 13%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$11.04

69% downside

Base FCF: $44M (median of recent 5yr)

Growth: 21%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$72.98

+103% upside

EPS: $1.20

Target P/E: 40×

Formula: EPS × P/E

P/E Fair Value

$48.00

+34% upside

98.5% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	5.63M	$213.0M	15.75%	-49.1K	2026-06-30
Copeland Capital Management, LLC	2.02M	$76.0M	5.64%	+7.8K	2026-06-30
Jupiter Topco LLC	1.68M	$63.0M	4.70%	--	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	1.53M	$57.0M	4.27%	+21.6K	2026-06-30
STATE STREET CORP	1.50M	$57.0M	4.21%	+73.3K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	1.49M	$56.0M	4.18%	+30.2K	2026-06-30
FIRST TRUST ADVISORS LP	1.30M	$49.0M	3.65%	+618.9K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	1.20M	$45.0M	3.35%	+88.9K	2026-06-30
WELLINGTON MANAGEMENT GROUP LLP	1.10M	$41.0M	3.08%	+172.7K	2026-06-30
MORGAN STANLEY	959.8K	$36.0M	2.68%	+494.9K	2026-06-30