(DCO) Ducommun - Ratings and Ratios

Ducommun Incorporated (NYSE:DCO) is a leading provider of engineering and manufacturing services, primarily serving the aerospace and defense, industrial, medical, and other critical industries. With a rich history dating back to 1849, the company has established itself as a trusted partner for complex, high-performance components and systems.

The company operates through two distinct segments: Electronic Systems and Structural Systems. The Electronic Systems segment specializes in advanced interconnect solutions, including cable assemblies, printed circuit board assemblies, and electronic components. It also offers radar enclosures, avionics racks, and engineered products such as illuminated pushbutton switches and microwave switches. This segment is a key supplier to aerospace and defense programs, providing critical subsystems for aircraft, ships, and ground-based systems. Additionally, it delivers engineering expertise for system design, development, and testing, making it a one-stop-shop for many of its clients.

The Structural Systems segment focuses on designing and manufacturing high-precision aerostructure components. This includes contoured aluminum, titanium, and Inconel parts, as well as structural assemblies like winglets, engine components, and fuselage panels. The segment also produces aerodynamic systems and bonded structures, such as aircraft wing spoilers, rotor blades, and magnetic seals. These components are used in commercial and military aircraft, rotary-wing aircraft, and space programs, showcasing the segments versatility and technical capabilities.

Ducommun serves a diverse range of end-use markets, including commercial aerospace, military fixed-wing and rotary-wing aircraft, space programs, and industrial and medical sectors. This diversification reduces reliance on any single market and positions the company to capitalize on growth opportunities across multiple industries.

From a financial perspective, Ducommun operates with a market capitalization of approximately $932 million, reflecting its established presence in the aerospace and defense sector. The companys price-to-earnings (P/E) ratio stands at 31.54, with a forward P/E of 16.39, indicating expectations of future growth. The price-to-book (P/B) ratio of 1.40 and price-to-sales (P/S) ratio of 1.19 provide additional insights into its valuation relative to its assets and revenue.

Headquartered in Costa Mesa, California, Ducommun has built a reputation for delivering high-quality, mission-critical products and systems. Its long-standing relationships with major aerospace and defense contractors, coupled with its engineering expertise, position it as a key player in its served markets.