CPI Aerostructures, Inc. (CVU) Stock

CPI Aerostructures, Inc. (CVU) is a Industrials stock trading at $5.40 (as of 2026-08-20), with a market capitalization of $71.55M and a trailing P/E of 16.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CPI Aerostructures, Inc. manufactures structural aircraft parts and related aero systems, including components used for aircraft and helicopter applications, for commercial and defense customers. It also performs subcontract work for contractors and provides products and services used in maintenance, repair, and overhaul (MRO), such as kitting and support for government defense programs.

Understand CPI Aerostructures, Inc.: how it makes money

CPI Aerostructures produces structural aircraft parts and related aero systems for fixed wing aircraft and helicopters, earning money through contract production and subcontracting for commercial and defense programs, plus supplying parts for maintenance, repair, and overhaul (MRO), kitting contracts, and related engineering, program management, and supply chain services.

CPI's profit model is tied to winning and executing specific aircraft production and defense subcontracting contracts, with additional contribution from repeatable MRO parts and kitting work that supports fleets after delivery.

Business quality (Weak): Business model is clearly described as contract manufacturing and subcontracting across commercial, defense, and MRO, but no reportable segment breakdown or operating KPIs were provided in the input.

Valuation: At 42× earnings, CVU trades 22% below the Aircraft average (54×). Note: one-time items can distort reported P/E.

Bull case

Diversified contract demand sources: CPI works across commercial and defense markets and also supplies parts for MRO, plus offers aero systems, kitting, and engineering and program management services.
Multiple ways to participate in aircraft sustainment: Beyond structural aircraft part production, CPI supplies MRO parts and supports kitting contracts, which can extend the opportunity beyond new aircraft builds.

Bear case

Execution and program risk: As a subcontractor and contractor for defense and commercial contractors, CPI's results depend on contract execution across structural parts, aero systems, and related engineering, program management, and supply chain activities.
Concentration to aircraft program cycles: Its activity is closely linked to structural aircraft parts and aero systems for fixed wing aircraft and helicopters, so changes in those programs can affect demand.

Valuation — source: SEC EDGAR (first-party)
Price	$5.40
Market Cap	$71.55M
P/E Ratio	16.7
EV / EBITDA	10.1
Price / Book	2.55
Price / Sales	1.00
FCF Yield	-6.4%
DCF Value (model)	$0.77
DCF Upside vs Price	-85.7%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$69.26M
Net Margin	-1.2%
Revenue Growth (YoY)	-14.6%
EPS Growth (YoY)	-126.9%
FCF Growth (YoY)	-266.9%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.19 (distress)

Valuation vs Sector & Industry
Stock P/E	16.7
Sector P/E (Industrials)	25.9
Industry P/E (Aircraft)	40.2
vs Sector	-35.3%
vs Industry	-58.3%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	ROYCE & ASSOCIATES LP ($2.36M)
Institutional Holders Tracked	10

Company
Sector	Industrials
Industry	Aircraft
CEO	Dorith Hakim
Employees	212
Country	US
IPO Date	1992-09-17

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.