Ducommun Incorporated (DCO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ducommun Incorporated stock $27.41, price $135, that is 79.7% below the price, quality 39 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Ducommun Incorporated
DCO · USOur calculation puts a fair price 80% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $39.66 – $206.98 · fair‑value band $21.62 – $32.34 · the $135.25 price screens above the $27.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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Company profile
Ducommun Incorporated provides engineering and manufacturing services for products and applications used in the aerospace and defense, industrial, medical, and other industries in the United States. It operates through two segments, Electronic Systems and Structural Systems.
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The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.
This segment also supplies engineered products, including illuminated pushbutton switches and panels for aviation and test systems; microwave and millimeter switches and filters for radio frequency systems and test instrumentation; and motors and resolvers for motion control, as well as provides engineering services for aerospace system design, development, integration, and testing service.
The Structural Systems segment designs, engineers, and manufactures complex contoured aerostructure components assemblies and supplies, including composite and metal bonded structures, precision profile extrusions, extruded assemblies, ammunition handling systems, seals, and aerodynamic systems; designs, engineers, and manufactures contoured aluminum, titanium, and Inconel aero structure components; structural assembly products, such as winglets, engine components, fuselage structural panels; aircraft wing spoilers, fuselage skins, rotor blades, flight control surfaces, engine nacelle components, feed and eject chutes, storage magazines, custom gun mounts.
It serves commercial aircraft, military fixed-wing aircraft, military and commercial rotary-wing aircraft, and space programs. The company was founded in 1849 and is headquartered in Costa Mesa, California.
Stock analysis
Ducommun Incorporated (DCO) currently trades at $135.25, while our model-based Fair Value estimate is $27.41, 80% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $63.19 per share, and 0 of the 6 models we run sit above the $135.25 price.
Bear case: the Asset-Based group reads lowest at $6.75, and 6 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: $21.62 (bear) to $32.34 (bull), the price of $135.25 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 39/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Ducommun Incorporated reported revenue of $825M in FY2025 versus $645M in FY2021, a compound +6.3%/yr. Reported net income was −$37.4M in FY2025.
Key figures
Market cap $2.1B Mid · P/E ex one-offs 36.1 · P/S ratio 2.31 · EPS (TTM) $3.34 · Net margin −4.5% · Return on equity −3.0% · Return on assets (EBIT) 4.5% (5-year average) · Operating margin 12.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 57% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −23% fair-value upside, at −80%, DCO screens richer than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 5 officers or directors sold shares worth $3.1M and none bought.
- SaleStephen G OswaldChairman, President & CEO, Director2× since Aug 12, 2026: 8,266 shares, avg. $202.00$1.7MAug 18, 2026
- SaleLaureen S. GonzalezV.P., CHRO589 shares at $151.99$89,522May 28, 2026
- SaleSuman B. MookerjiSr. V.P., C.F.O.3× since Mar 4, 2026: 24,014 shares, avg. $134.14$3.2MMay 20, 2026
- SaleRajiv A. TataV.P., G.C. & Corp. Secretary1,612 shares at $145.00$233,740May 20, 2026
- SaleJerry L RedondoS.V.P., Elec. & Struc. Systems3× since Nov 10, 2025: 9,276 shares, avg. $130.70$1.2MMay 14, 2026
- SaleRichard A BaldridgeDirector10,440 shares at $130.83$1.4MMar 10, 2026
Plus 17 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
DCO screens overvalued: fair value 80% below the price. Compare with General Electric Company →
Compare Ducommun Incorporated with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Aerospace & Defense · 238 stocks
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Debt-to-equity by industry
- Price/FCF by industry
- Stock screener with 62 metrics
- Undervalued stocks: Industrials
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- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Safran SA SAF | €295.50 | €327.36 | +11% | vs DCO |
| Honeywell Aerospace Inc HONA | $152.92 | $168.21 | +10% | vs DCO |
| TransDigm Group TDG | $1,197 | $1,308 | +9% | vs DCO |
| Lockheed Martin Corporation LMT | $567.08 | $439.21 | −23% | vs DCO |
| General Dynamics Corporation GD | $354.06 | $274.19 | −23% | vs DCO |
| Northrop Grumman Corporation NOC | $525.01 | $382.98 | −27% | vs DCO |
| Airbus SE AIR | €196.40 | €112.14 | −43% | vs DCO |
| RTX Corporation RTX | $189.53 | $88.19 | −53% | vs DCO |
| General Electric Company GE | $323.24 | $92.26 | −71% | vs DCO |
| Howmet Aerospace Inc HWM | $205.81 | $52.65 | −74% | vs DCO |
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Key figures of Ducommun Incorporated
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