Professional
Added to YB: 2026-01-23
Pitch date: 2026-01-21
CVU [neutral]
CPI Aerostructures, Inc.
-2.14%
current return
Author Info
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Company Info
CPI Aerostructures, Inc. engages in the contract production of structural aircraft assemblies for fixed wing aircraft and helicopters in the commercial and defense markets.
Market Cap
$54.3M
Pitch Price
$4.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.78
P/E
-93.03
EV/Sales
1.11
Sector
Aerospace and Defense
Category
value
Pernas Research Passes On: CPI Aerostructures, Inc.
CVU (pass): Defense subcontractor w/ $509M backlog vs $54M mkt cap but only 20% funded. A-10 wind-down should lift margins from 13% to ~20%. Long history of flat revs & weak backlog conversion. Defense subcontracting structurally difficult - low 20% gross margins, limited leverage. Fairly valued at ~$5M adj EBITDA vs $73M EV.
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