Stocktoria
EASTERN CO EML
EASTERN CO (EML) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 1.83% (safety: safe). FY2026 revenue was $249.0M at a 2.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.58 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.331 |
| Retained earnings / assets | 0.637 |
| EBIT / assets | 0.049 |
| Equity / liabilities | 1.354 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| EML | EASTERN CO | 7/9 | 6 | 20.6 | -8.7% |
| ACU | ACME UNITED CORP | 7/9 | 7.65 | 18 | +1.1% |
| CIX | COMPX INTERNATIONAL INC | 6/9 | 14.52 | 16.6 | +8.5% |
| RECT | Rectitude Holdings Ltd. | 5/9 | 5.02 | — | +22% |
| LCUT | LIFETIME BRANDS, INC | 4/9 | 2.88 | — | -5.1% |
| HLMN | Hillman Solutions Corp. | 7/9 | 2.3 | 41.2 | +5.4% |
| SSD | Simpson Manufacturing Co., Inc. | 6/9 | 7.08 | 25 | +4.5% |
About EASTERN CO
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and North America. The company offers turnkey returnable packaging solutions, which are used in the assembly processes of vehicles, aircraft, and durable goods, as well as in production processes of plastic packaging products, packaged consumer goods, and pharmaceuticals; injection blow mold tooling products; design, develops, and manufactures 2-step stretch blow molds, and related components for the stretch blow molding industry; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industries. It also provides rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles; and development and program management services for custom electromechanical and mechanical systems for original equipment manufacturers (OEM) and customer applications. In addition, the company designs and manufactures proprietary vision technology for OEMs and aftermarket applications, as well as offers aftermarket components to the heavy- and medium-duty truck, motorhome, and bus markets. The Eastern Company was founded in 1858 and is based in Shelton, Connecticut.
FAQ
Is EML financially healthy?
EASTERN CO's Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does EML pay a dividend, and is it safe?
Yes. EASTERN CO pays a dividend yielding about 1.83% with a 37.6% payout ratio, rated “safe” for safety.
How profitable is EML?
In FY2026, EASTERN CO had a net margin of 2.9% and a return on equity of 5.7%.
Is EML overvalued or undervalued?
EASTERN CO trades at about 21.9× trailing earnings — above its 10-year norm (10-year range 9.3×–33.4×, median 15.8×). Stocktoria reports the data, not buy/sell advice.
Is EML a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on EASTERN CO: a Piotroski F-score of 7/9, an Altman Z″ in the safe zone, a P/E of about 20.6×, a dividend yield of 1.83%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-01-03. Facts plus Stocktoria's own computed scores — not investment advice.