Crawford United (CRAWA) AI Stock Analysis

• Market Cap: $229.84M
• Dividend Yield: N/A
• Average Volume (3M): 1.63K
• Price to Earnings (P/E): 16.5
• Beta (1Y): 0.38
• Revenue Growth: 19.16%
• EPS Growth: 36.02%
• Country: US
• Employees: 475
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 1.52
• Shares Outstanding: 2,820,084
• 10 Day Avg. Volume: 1,457
• 30 Day Avg. Volume: 1,634
• PEG Ratio: 8.27
• Price to Book (P/B): 2.05
• Price to Sales (P/S): 0.99
• P/FCF Ratio: 8.80
• Enterprise Value/Market Cap: 1.25
• Enterprise Value/Revenue: 1.64
• Enterprise Value/Gross Profit: 5.60
• Enterprise Value/Ebitda: 10.20
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $94.00 ▲(15.39% Upside)

Crawford United's overall stock score is driven by its strong financial performance and the positive impact of the announced merger with SPX Enterprises. While technical indicators present a mixed outlook, the reasonable valuation and strategic corporate event provide a solid foundation for future growth.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Merger with SPX Enterprises

The merger with SPX Enterprises is poised to enhance Crawford's market position and operational capabilities, driving future growth.

Low Leverage

Low leverage provides financial stability and flexibility, enabling the company to invest in growth opportunities without excessive risk.

Negative Factors

Cash Flow Challenges

Declining free cash flow growth could strain liquidity and limit the company's ability to fund operations and investments effectively.

Operating Efficiency Pressure

Decreasing EBIT margin suggests potential inefficiencies in operations, which could impact profitability if not addressed.

Non-Core Business Sale

The sale of non-core businesses may lead to transitional challenges and potential revenue loss, affecting short-term stability.

Crawford United Business Overview & Revenue Model

Company Description

Crawford United Corporation, together with its subsidiaries, provides specialty industrial products and solutions in the United States, Puerto Rico, Mexico, Canada, and internationally. It operates through two segments, Commercial Air Handling Equipment, and Industrial and Transportation Products. The Commercial Air Handling segment designs, manufactures, and installs large-scale commercial, institutional, and industrial custom air handling solutions to health care, education, pharmaceutical, and industrial manufacturing markets under the FactoryBilt and SiteBilt brand names. The Industrial and Transportation Products segment is involved in the manufacture of flexible interlocking metal hoses primarily to heavy-duty truck manufacturers and aftermarket suppliers, as well as to the agricultural, industrial, and petrochemical markets; and distribution of silicone and hydraulic hoses to the agriculture and general industrial markets. The company also provides engineering, machining, grinding, welding, brazing, heat treat, and assembly solutions; rubber and plastic marine hose for the recreational boating industry; engineered manufacturing solutions, including CNC machining, anodizing, electro polishing, and laser marking for defense, aerospace, and medical device markets; and hydraulic hoses, air tank assemblies, and related products to manufacturers of firefighting trucks and other emergency vehicles. In addition, it engages in the supply of highly engineered forgings for the aerospace, industrial gas turbine, medical prosthetics, alternative energy, petrochemical, and defense industries; and developing and commercializing marketing and data analytic technology applications. The company was formerly known as Hickok Incorporated and changed its name to Crawford United Corporation in May 2019. Crawford United Corporation was founded in 1910 and is headquartered in Cleveland, Ohio.

How the Company Makes Money

Crawford United generates revenue through a multi-faceted business model that includes the sale of manufactured products, service contracts, and maintenance agreements. Key revenue streams come from direct sales of their engineered components to original equipment manufacturers (OEMs) and distributors, as well as aftermarket services that provide ongoing support and maintenance to customers. The company also leverages strategic partnerships with industry leaders to enhance its market presence and expand its customer base. Additionally, Crawford United benefits from economies of scale in production, enabling competitive pricing while maintaining healthy profit margins.

Crawford United Financial Statement Overview

Summary

Crawford United exhibits strong financial health with consistent revenue growth and profitability. The company maintains a stable balance sheet with low leverage, enhancing its financial flexibility. While cash flow generation has faced some recent challenges, overall cash management remains effective. The company is well-positioned for future growth, though it should focus on improving operating efficiency and cash flow generation.

Income Statement

Crawford United has demonstrated strong revenue growth with a 6.35% increase in the TTM period. The company maintains healthy gross and net profit margins at 29.29% and 10.08% respectively, indicating efficient cost management and profitability. However, the EBIT margin has slightly decreased compared to the previous year, suggesting potential pressure on operating efficiency.

Balance Sheet

The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.10, indicating low leverage and financial stability. The return on equity is robust at 22.40%, showcasing effective use of shareholder funds. However, the equity ratio is moderate, suggesting room for improvement in asset financing through equity.

Cash Flow

The cash flow statement reveals a decline in free cash flow growth by 17.75% in the TTM period, which could indicate challenges in cash generation. The operating cash flow to net income ratio is 0.61, suggesting moderate cash conversion efficiency. Despite this, the free cash flow to net income ratio remains strong at 0.88, highlighting effective cash management relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	174.73M	150.20M	143.89M	127.75M	104.16M	85.07M
Gross Profit	51.18M	41.65M	37.65M	27.03M	21.91M	18.93M
EBITDA	28.11M	24.21M	24.06M	14.24M	11.24M	10.85M
Net Income	17.61M	13.60M	13.29M	6.56M	5.65M	5.84M
Balance Sheet
Total Assets	134.92M	108.67M	93.64M	99.60M	90.96M	74.49M
Cash, Cash Equivalents and Short-Term Investments	1.92M	1.54M	2.31M	1.91M	3.01M	7.73M
Total Debt	8.91M	13.33M	15.01M	32.36M	34.07M	32.24M
Total Liabilities	17.90M	36.32M	35.91M	56.58M	56.32M	46.96M
Stockholders Equity	86.25M	72.35M	57.73M	43.01M	34.64M	27.53M
Cash Flow
Free Cash Flow	16.38M	16.86M	16.76M	7.30M	-1.36M	9.32M
Operating Cash Flow	18.66M	19.06M	18.79M	8.05M	1.78M	9.89M
Investing Cash Flow	-14.60M	-12.75M	-2.03M	-5.07M	-9.46M	-10.92M
Financing Cash Flow	-4.14M	-6.42M	-16.36M	-3.22M	2.97M	4.99M

Crawford United Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 81.46
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRAWA, the sentiment is Positive. The current price of 81.46 is below the 20-day moving average (MA) of 82.43, above the 50-day MA of 81.43, and above the 200-day MA of 62.67, indicating a neutral trend. The MACD of -0.27 indicates Positive momentum. The RSI at 47.23 is Neutral, neither overbought nor oversold. The STOCH value of 41.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CRAWA.

Crawford United Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRAWA	74 Outperform	$229.84M	16.47	21.45%	―	19.16%	36.02%
TAYD	70 Neutral	$194.33M	22.76	15.12%	―	-3.64%	-4.12%
OFLX	68 Neutral	$295.92M	18.39	19.37%	4.80%	-2.73%	-11.67%
PKOH	67 Neutral	$305.37M	10.23	8.13%	2.32%	-3.90%	61.80%
TWIN	66 Neutral	$246.32M	704.53	0.22%	0.95%	14.24%	-96.24%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Crawford United Corporate Events

Crawford United Announces Merger with SPX Enterprises

On December 5, 2025, Crawford United Corporation entered into a merger agreement with SPX Enterprises, LLC, and its subsidiary, Project King Acquisition, Inc. The merger, unanimously approved by Crawford’s Board of Directors, will result in Crawford becoming a wholly owned subsidiary of SPX Enterprises. The merger is expected to close in the first quarter of 2026, pending shareholder approval and other customary conditions. Shareholders will receive approximately $83.42 per share in cash, valuing the transaction at $300 million. Additionally, voting agreements have been secured from shareholders representing 72% of the voting power, and transaction bonuses are set for executive officers and the Chairman upon the merger’s completion.