11Mes·

from watchmakers in Switzerland to high-tech corporations in the USA.

My dears,

Because I have grown so fond of you, I have another company presentation for you today.

And again from a growth sector that is becoming more and more important.


I hope you enjoy this introduction to $DCO (-0,49%)
Ducommun.


As always, I look forward to many comments and👍.

(Perhaps also an exciting company for love @EpsEra )


While the watchmaking Ducommuns were active in Switzerland, the American line built the company into an aerospace and defense supplier. supplier for aerospace and defense defense.


Ducommun Incorporated (NYSE: DCO) was founded in 1849 and is today one of the oldest continuously operating companies in California.


Ducommun recognized by Time Magazine as the best mid-sized company

Ducommun is proud to have been recognized by TIME Magazine as one of America's Best Midsize Companies to Work For in 2025.


Ducommun again recognized by Newsweek as the most responsible company

For the second year in a row, Ducommun has been named to Newsweek's list of America's Most Responsible Companies.


How Ducommun is benefiting from the boom in the defense sector

Ducommun is a long-established US aerospace supplier that has evolved from a metal fabricator to a specialized high-tech company since its founding in 1849. Based in California, the company produces high-precision structural elements, complex electronic systems and sensor solutions for customers such as Boeing, Lockheed Martin and Raytheon. In addition to civil aviation, Ducommun is also broadly positioned in the defense sector, where it benefits from long-term Pentagon contracts.


Ducommun Incorporated provides value-added manufacturing solutions to customers in the aerospace, defense and industrial markets. The company operates in two segments: Electronic Systems and Structural Systems. The Electronic Systems segment develops, designs and manufactures high-reliability electronic and electromechanical products used in global technology-driven markets, including aerospace, defense and industrial end markets. The Electronic Systems product offering ranges primarily from prototype development to complex assemblies. The Structural Systems segment designs, engineers and manufactures large, complex-shaped aircraft components and assemblies and supplies composite and metal composite structures and assemblies. Structural Systems' products are primarily used in commercial airliners, military fixed-wing aircraft and military and commercial rotorcraft. The company's products are used in heavy industry and certain medical applications.

Number of employees: 2,180


Ducommun Incorporated reports third quarter 2025 results

Record quarterly sales and gross margins

Ducommun Incorporated meldet Ergebnisse des dritten Quartals 2025 | Ducommun Incorporated


USD in millions

Estimates

Year
Turnover
Change in
EBIT
Change in

2025 826,2 5,05 % 82,3 10,9 %

2026 893,5 8,14 % 100,3 21,89 %

2027 961,5 7,62 % 114,8 14,42 %


Year
Net result
Change in

2025 -29,41 -193,39 %

2026 59,94 303,77 %

2027 79,12 32,01 %


Year
Net debt
Free cash flow

2025 184 -3,344

2026 134 67,86

2027 183 82,93


Year
EBIT margin
Earnings per share

2025 9,96 % - 2,06

2026 11,23 % 3,96

2027 11,94 % 5,18


Year
Enterprise Value
P/E RATIO
PEG

2025 1,549 - 44.4x 0x

2026 1,500 23.1x -0x

2027 1,548 17.6x 0.6x


No. of shares (in thousands) 14,946

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19 Commenti

immagine del profilo
Plenty of awards. But do you know why the net result in 2025 is almost 200% in the red?
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immagine del profilo
@TradingHase
It is indicated under the link in the annual report. Back payments, customs duties, investments, etc.
But I like the multiples for the next few years, which can already be seen on the chart.
But for the
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immagine del profilo
@TradingHase
How do you like the company?
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immagine del profilo
@Tenbagger2024...for the...?
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immagine del profilo
@Tenbagger2024 FCF is rising steadily, debt has been reduced for years and sales have been rising for years. Apart from the point mentioned above, the figures are very stable.
The company's core segments are very interesting. I would consider it a long-term investment, as there are no signs of a short-term tenbagger, but there is stability.
Do you want to invest?
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immagine del profilo
@TradingHase
I have now gone to $FEIM.
I am also still in the sector at
$TDG and $MTX. But otherwise it would be a consideration for me.
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immagine del profilo
@TradingHase
But I find the company very exciting and wanted to introduce it to the community.
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immagine del profilo
@Tenbagger2024 $FEIM I dropped out. I had $MTX at the very beginning and then sold it and didn't get back in.
I find your idea very interesting for a long-term project.
I'll add it to my WL and see if I take it into account when I get back in. 👍🏼
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immagine del profilo
@TradingHase
$FEIM I have now bought again during the correction
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immagine del profilo
@Tenbagger2024 Do you already see the bottom? How can you tell?
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immagine del profilo
@TradingHase
Chart still well within the upward trend, and still above the 200-day line
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Visualizza tutti 5 ulteriori risposte
My dear. It leaves you speechless
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immagine del profilo
Thank you for the introduction and, of course, for the mention. The company looks really exciting at first glance and is going straight onto my watchlist so that I can keep a close eye on it. Basically, however, I already feel quite solidly positioned in the sector. Like you, I am invested in $FEIM and I also cover the space sector via $AIR and $RKLB.

What makes Ducommun special is their extremely long corporate history and experience in aerospace, their role as a reliable supplier of critical systems and the fact that they are one of the most responsible medium-sized companies in the USA. This combination of stability, reputation and specialization is not often found.
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immagine del profilo
@EpsEra
I absolutely agree with you.
As I find the sector so exciting, I'm already well invested.
I think together with your great expertise, we could build a really great sector ETF.
I am also invested in $TDG. I'm always happy about the great special dividend, but unfortunately the performance has only been moderate so far.
On Saturday, I took another look at which companies are all under the transdigm umbrella. And I'm really impressed, a lot of specialists from the aerospace sector.
TransDigm is a large aerospace group consisting of many individual, often acquired companies (around 50) that operate independently under the TransDigm umbrella, such as Adams Rite, AmSafe, Korry Electronics and Esterline
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