Loading…
Maker of electronic security products, including door-locking systems, alarms and cloud-based access control for commercial buildings.
Maker of electronic security products, including door-locking systems, alarms and cloud-based access control for commercial buildings.
Sells locks, alarm panels and access control through distributors to installers, but profit is increasingly driven by recurring monthly fees from StarLink cellular and Wi-Fi communicators, which connect alarms to monitoring centres and are paid for as long as a system stays installed. It makes most products itself in its own factory in the Dominican Republic and in New York.
Moat: narrow (brand, installed base, switching costs). Recurring cloud-monitoring subscription revenue and installed hardware base create sticky customer relationships.
Headquarters: Amityville, New York · Founded: 1969 · Employees: 1,049
Size NAPCO Security Technologies (NSSC) is a United States Information Technology company (Miscellaneous Commercial Services) with a market value of $1.08B, the 2196th largest of 3,117 United States companies the cockpit tracks. Shares closed at $30.24 on 6 Nov 2026.
Performance Over six months the shares fell 25.9%, against -4.2% for the median peer and -1.1% for the United States market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 8.8% over the last twelve months (peer median +11.9%); the operating margin is 30.1% (peer median 7.2%).
Valuation It trades at 18.9× forward earnings against a peer median of 14.3× (7th most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 58.0 points above its cost of capital (12.2% WACC).
Short interest Short interest is 6.9% of the free float (15 Oct 2026).
Next results Next results expected around 8 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $203M | $202M | $182M | $189M | $170M |
| Revenue growth | — | +11% | -4% | +11% | — |
| Gross profit | $121M | $120M | $101M | $102M | $73.2M |
| EBITDA | $63.3M | $63.8M | $48.5M | $56.0M | $32.3M |
| Net income | $43.9M | $43.0M | $43.4M | $49.8M | $27.1M |
| Free cash flow | $50.1M | $59.2M | $51.4M | $43.8M | $21.7M |
| Capital expenditure | $2.16M | $1.92M | $2.12M | $1.59M | $2.96M |
| Total debt | $5.14M | $5.18M | $5.33M | $5.51M | $5.69M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| NAPCO Security Technologies NSSC | $1.08B | -26% | +9% | 30% | 18.9× | 11.6% |
| Allegion ALLE | $15.6B | +39% | +10% | 22% | 18.7× | 7.6% |
| Johnson Controls JCI | $81.8B | -3% | +9% | 16% | 21.3× | 17.8% |
| Honeywell Technologies HON | $69.8B | -1% | -17% | 18% | 23.2× | 4.1% |
| Alarm.com ALRM | $3.19B | +37% | +9% | 13% | 22.4× | 10.9% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NSSC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.0% | -0.1% | 6th lowest of 21 |
| 6-month return | -25.9% | -4.2% | 7th lowest of 21 |
| Distance from 52-week high | -41.6% | -30.2% | 9th lowest of 21 |
| Revenue growth (TTM) | +8.8% | +11.9% | 9th lowest of 21 |
| Operating margin | 30.1% | 7.2% | highest of 21 |
| Forward P/E | 18.9× | 14.3× | 7th most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 11.6% | 12.2% | 7th least demanding of 14 |
| Growth delivered (Del g) | +12.1% | +15.3% | 5th lowest of 14 |
| Hurdle (Req g minus delivered) | -0.5 pp | -2.7 pp | 6th most demanding of 14 |
| ROIC minus cost of capital | +58.0 pp | +0.9 pp | 2nd highest of 19 |
| EV / EBITDA | 15.0× | 11.3× | 7th most expensive of 16 |
| Net debt / EBITDA | -2.0× | -0.8× | 4th least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| NAPCO Security Technologies NSSC | United States | $1.08B | -26% | +9% | 30% | 18.9× | 11.6% | +12.1% |
| BigBear.ai BBAI | United States | $1.07B | -47% | -1% | -66% | n/a | n/a | n/a |
| Liberty Capital GLIBA | United States | $1.06B | -2% | +13% | 13% | 8.0× | 0.8% | +113.1% |
| Yelp YELP | United States | $1.06B | -28% | +2% | 13% | 8.1× | -18.4% | +10.9% |
| Grid Dynamics GDYN | United States | $1.05B | +88% | +7% | 4% | 21.8× | 27.8% | +29.9% |
| Red Violet RDVT | United States | $1.12B | +41% | +20% | 18% | 40.3× | 39.4% | +21.1% |
| Riskified RSKD | United States | $1.13B | +78% | +10% | -4% | 27.3× | 12.6% | +15.3% |
| Harmonic HLIT | United States | $1.04B | -26% | -21% | 15% | 11.6× | 10.0% | -1.0% |
| EverQuote EVER | United States | $1.02B | +41% | +24% | 11% | 14.3× | -7.0% | +14.8% |
| ZoomInfo Technologies GTM | United States | $1.02B | -45% | +3% | 23% | 3.1× | -9.7% | +21.3% |
| Keel Infrastructure KEEL | United States | $1.15B | -53% | -23% | -121% | n/a | n/a | n/a |
| Ichor ICHR | United States | $1.16B | -58% | +15% | 3% | 9.9× | n/a | n/a |
| VNET Group, Inc. Sponsored ADR VNET | United States | $1.00B | -64% | +23% | 7% | 89.6× | n/a | n/a |
| Rapid7 RPD | United States | $989M | +113% | 0% | 2% | 7.7× | 21.4% | +15.9% |
| D-MARKET Elektronik Hizmetler ve Ticaret AS Sponsored ADR HEPS | United States | $979M | -3% | +22% | -3% | n/a | n/a | n/a |
| InnovAge INNV | United States | $1.22B | +18% | +15% | 8% | 19.8× | -6.7% | +9.2% |
| Transcat TRNS | United States | $955M | +33% | +20% | 5% | 45.0× | 30.3% | +13.9% |
| PagerDuty PD | United States | $1.23B | +115% | +2% | 7% | 11.1× | 12.8% | +18.2% |
| Sify Technologies Limited Sponsored ADR SIFY | United States | $941M | -20% | +11% | 8% | n/a | n/a | n/a |
| Daktronics DAKT | United States | $933M | -5% | +14% | 7% | 14.6× | 12.2% | +11.7% |
| Ambiq Micro AMBQ | United States | $933M | -13% | +32% | -43% | n/a | n/a | n/a |