NAPCO Security Technologies, In — Earnings Quality Grade A
NSSC · Industrials
Strong financial health
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 61 days, change -1 days YoY
AR growth -5.6% vs revenue growth -3.8%
Revenue -3.8%, CFFO 18.0%. Cash follows revenue
Expense Quality
Inventory -13.9% vs COGS -7.4%. Normal
CapEx growth 32.7% is >2x revenue growth -3.8%
SG&A/Gross Profit = 41.8%. Normal
Gross margin 55.6%, change +1.7pp. Stable
Cash Flow Quality
CFFO/NI = 1.23. Profits backed by cash
FCF $0.1B, FCF/NI = 1.18
Accruals ratio = -5.1%. Low accruals
Cash $0.1B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 2% of equity. Manageable
Debt/EBITDA = 0.1x. Healthy
Other assets -25.2% vs revenue -3.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -9% YoY. Normal
Manipulation Score
M-Score = -2.90 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25
