— Know what they know.
Not Investment Advice
Also trades as: ADV.DE (XETRA) · $vol 0M

ADVOF OTC

Adtran Networks SE
1W: +0.0% 1M: +0.0% 3M: +0.0% YTD: +0.0% 1Y: +0.0% 3Y: +22.2% 5Y: +67.8%
$24.19
+0.00 (+0.00%)
 
OTC · Technology · Communication Equipment · Tech Score Strong Sell · Power 44 · $1.3B mcap · 18M float · 0.0002% daily turnover · Short 100% of daily vol

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
Analyst Recommendations
Strong Buy: 0Buy: 0Hold: 1Sell: 0Strong Sell: 0
Rating Summary
ConsensusHold
Avg Target$—
Analysts0

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

B-
Oct 02, 2026
DCF
3
ROE
2
ROA
3
D/E
2
P/E
1
P/B
3
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. ADVOF receives an overall rating of B-. Areas of concern: ROE (2/5), D/E (2/5), P/E (1/5).
Rating Change History
DateFromTo
2026-10-03 C+ B-
2026-10-01 B- C+
2026-08-19 B B-
2026-08-18 C+ B
2026-07-09 None ADDED
2026-07-05 EXISTED None
2026-07-01 None ADDED
2026-05-24 EXISTED None
2026-05-19 None ADDED

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ — Grade C
Profitability
12
Balance Sheet
53
Earnings Quality
30
Growth
75
Value
—
Momentum
71
Safety
—
Cash Flow
63

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
—
—
Piotroski F-Score
6/9
✗ ✓ ✓ ✓ ✓ ✗ ✓ ✗ ✓
Beneish M-Score
-3.16
Unlikely Manipulator
Ohlson O-Score
-7.77
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
BBB
Score: 57.7/100
Trend: Improving
Earnings Quality
—
OCF/NI: -1.83x
Accruals: -13.7%
The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. ADVOF scores 6/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. ADVOF's score of -3.16 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. ADVOF's implied 0.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. ADVOF receives an estimated rating of BBB (score: 57.7/100), with a improving trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
132.41x
PEG
0.15x
P/S
2.21x
P/B
2.93x
P/FCF
—
P/OCF
—
EV/EBITDA
—
EV/Revenue
—
EV/EBIT
—
EV/FCF
—
Earnings Yield
—
FCF Yield
—
Shareholder Yield
—
Graham Number
—
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 132.4x earnings, ADVOF is priced for high growth expectations.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
1.943
NI / EBT
×
Interest Burden
1.083
EBT / EBIT
×
EBIT Margin
-0.031
EBIT / Rev
×
Asset Turnover
0.737
Rev / Assets
×
Equity Multiplier
1.677
Assets / Equity
=
ROE
-8.1%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. ADVOF's ROE of -8.1% is driven by Asset Turnover (0.737), indicating efficient use of assets to generate revenue. A tax burden ratio of 1.94 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
—
Price/Value
—
Margin of Safety
—
Premium
—

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$24.19
Median 1Y
$27.50
5th Pctile
$17.04
95th Pctile
$44.76
Ann. Volatility
29.2%
25th–75th percentile 5th–95th percentile Median path Historical
All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
ROE 14.7% 15.8% 19.2% 19.6% 17.3% 15.1% 9.3% 5.1% 4.3% 3.1% 3.2% -3.8% -5.1% -6.2% -14.4% -16.0% -19.7% -25.2% -17.1% -8.1% -8.14%
ROA 7.5% 8.1% 10.2% 10.8% 9.7% 8.5% 5.2% 2.9% 2.5% 1.8% 1.8% -2.2% -2.9% -3.6% -8.3% -9.4% -11.6% -14.1% -9.7% -4.9% -4.85%
ROIC 13.5% 15.4% 18.3% 19.2% 15.1% 11.8% 5.1% 4.2% 5.1% 4.5% 0.5% -6.6% -0.3% -2.6% -5.1% -7.3% -7.2% -9.7% -6.8% -3.2% -3.19%
ROCE 11.7% 12.5% 12.8% 11.8% 10.3% 8.9% 6.0% 5.5% 4.8% 4.5% 5.9% 5.6% 3.8% 1.2% -1.2% -3.7% -4.4% -5.6% -4.8% -3.3% -3.33%
Gross Margin 37.9% 38.0% 34.0% 35.2% 31.0% 32.4% 33.6% 36.2% 32.3% 35.1% 43.7% 31.5% 33.6% 35.1% 36.0% 36.0% 33.5% 32.8% 33.7% 35.1% 35.10%
Operating Margin 8.0% 8.7% 6.3% 7.1% 3.5% 2.8% -4.1% 7.6% 3.5% 4.7% 0.1% -0.9% -8.1% -4.9% -12.9% -12.9% -7.3% -8.9% -0.1% 1.5% 1.51%
Net Margin 7.8% 8.0% 12.2% 11.1% 3.6% 4.4% 0.5% 1.9% 2.0% 1.9% 0.9% -19.2% -1.1% -0.8% -27.5% -27.5% -14.0% -13.9% -1.1% 0.5% 0.48%
EBITDA Margin 20.4% 20.5% 18.2% 19.6% 14.7% 15.1% 1.2% 5.1% 2.5% 4.2% 9.0% 11.1% -0.3% 36.5% 1.2% 1.2% 8.9% 8.6% 14.8% 15.6% 15.57%
FCF Margin 10.4% 8.8% 9.1% 9.8% 1.5% -1.8% -6.2% -8.2% -3.8% -3.9% -1.1% -0.7% 2.7% 4.7% 6.9% 8.8% 8.4% 11.2% 10.6% 10.0% 9.98%
OCF Margin 19.6% 18.4% 18.8% 20.4% 13.2% 9.0% 4.5% 2.1% 5.5% 5.8% 7.2% 6.1% 8.0% 10.5% 12.5% 14.0% 13.6% 13.6% 12.9% 12.0% 12.03%
ROE 3Y Avg snapshot only -9.32%
ROE 5Y Avg snapshot only -1.12%
ROA 3Y Avg snapshot only -5.52%
ROIC 3Y Avg snapshot only -5.56%
ROIC Economic snapshot only -3.01%
Cash ROA snapshot only 9.12%
Cash ROIC snapshot only 14.53%
CROIC snapshot only 12.06%
NOPAT Margin snapshot only -2.64%
Pretax Margin snapshot only -3.39%
R&D / Revenue snapshot only 23.26%
SGA / Revenue snapshot only 19.62%
SBC / Revenue snapshot only 0.56%
Valuation
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
P/E Ratio — — — — — — — — — — — — — — — — — — — — 132.406
P/S Ratio — — — — — — — — — — — — — — — — — — — — 2.206
P/B Ratio — — — — — — — — — — — — — — — — — — — — 2.931
P/FCF — — — — — — — — — — — — — — — — — — — — —
P/OCF — — — — — — — — — — — — — — — — — — — — —
EV/EBITDA — — — — — — — — — — — — — — — — — — — — —
EV/Revenue — — — — — — — — — — — — — — — — — — — — —
EV/EBIT — — — — — — — — — — — — — — — — — — — — —
EV/FCF — — — — — — — — — — — — — — — — — — — — —
Earnings Yield — — — — — — — — — — — — — — — — — — — — —
FCF Yield — — — — — — — — — — — — — — — — — — — — —
PEG Ratio snapshot only 0.148
Leverage & Solvency
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Current Ratio 1.96 1.90 1.87 1.72 1.81 1.74 1.53 1.56 1.57 1.70 2.46 2.46 2.46 2.34 2.21 2.21 2.21 1.90 1.90 1.90 1.901
Quick Ratio 1.28 1.26 1.25 1.06 1.07 0.96 0.81 1.02 0.89 0.91 1.73 1.73 1.73 1.73 1.66 1.66 1.66 1.34 1.34 1.39 1.393
Debt/Equity 0.32 0.28 0.25 0.21 0.21 0.18 0.21 0.21 0.08 0.08 0.10 0.11 0.11 0.30 0.25 0.25 0.25 0.20 0.20 0.11 0.109
Net Debt/Equity 0.04 -0.02 -0.07 -0.11 -0.00 0.00 0.05 0.05 -0.10 -0.05 0.02 0.04 0.04 0.20 0.18 0.19 0.19 0.09 0.09 0.02 0.022
Debt/Assets 0.17 0.15 0.14 0.12 0.12 0.10 0.12 0.12 0.04 0.05 0.06 0.07 0.07 0.17 0.15 0.15 0.15 0.11 0.11 0.07 0.067
Debt/EBITDA 0.81 0.70 0.67 0.61 0.63 0.59 0.95 1.24 0.70 1.22 1.11 1.16 1.33 1.74 1.81 2.32 1.86 3.11 1.74 0.72 0.722
Net Debt/EBITDA 0.10 -0.04 -0.17 -0.31 -0.01 0.01 0.21 0.31 -0.90 -0.79 0.23 0.42 0.49 1.15 1.31 1.77 1.42 1.45 0.82 0.15 0.148
Interest Coverage 17.53 19.27 23.72 26.20 24.61 23.04 13.95 9.96 7.14 5.87 11.50 16.10 21.17 4.87 -3.15 -7.24 -7.41 -9.71 -10.84 -7.87 -7.868
Equity Multiplier 1.87 1.86 1.76 1.77 1.70 1.72 1.79 1.76 1.78 1.67 1.74 1.66 1.66 1.80 1.73 1.73 1.73 1.78 1.78 1.63 1.629
Cash Ratio snapshot only 0.185
Debt Service Coverage snapshot only 30.775
Cash to Debt snapshot only 0.794
FCF to Debt snapshot only 1.130
Defensive Interval snapshot only 358.8 days
Efficiency & Turnover
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Asset Turnover 1.11 1.09 1.09 1.10 1.13 1.11 1.10 1.14 1.15 1.16 1.05 0.94 0.83 0.74 0.67 0.66 0.66 0.68 0.71 0.74 0.737
Inventory Turnover 3.96 7.45 3.81 3.51 3.68 3.37 3.24 3.67 3.21 2.95 3.09 3.36 2.53 2.41 2.98 2.88 2.89 3.11 3.23 3.46 3.465
Receivables Turnover 6.55 6.19 6.59 7.21 6.72 6.25 6.58 6.89 6.39 6.37 5.98 5.13 4.49 4.48 3.97 3.91 3.93 4.40 4.35 3.84 3.837
Payables Turnover 7.23 6.19 6.31 6.04 6.81 5.85 5.67 5.51 6.53 6.38 6.15 5.99 5.56 6.38 6.43 6.19 6.23 6.47 5.83 5.64 5.643
DSO 56 59 55 51 54 58 56 53 57 57 61 71 81 81 92 93 93 83 84 95 95.1 days
DIO 92 49 96 104 99 108 113 99 114 124 118 109 144 151 122 127 126 118 113 105 105.3 days
DPO 51 59 58 60 54 62 64 66 56 57 59 61 66 57 57 59 59 56 63 65 64.7 days
Cash Conversion Cycle 97 49 93 94 100 104 104 86 115 124 120 119 160 176 157 161 160 144 134 136 135.8 days
Fixed Asset Turnover snapshot only 8.915
Operating Cycle snapshot only 200.5 days
Cash Velocity snapshot only 14.254
Capital Intensity snapshot only 1.319
Growth (YoY)
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Revenue 2.7% 1.4% 1.9% 6.8% 9.1% 11.2% 15.0% 18.0% 14.6% 12.2% 2.5% -13.8% -24.6% -33.5% -35.4% -28.6% -19.0% -8.3% 2.4% 9.7% 9.69%
Net Income 32.6% 7.5% 4.7% 1.9% 39.7% 14.6% -42.0% -69.4% -71.2% -76.6% -62.3% -1.8% -2.2% -3.0% -5.6% -3.3% -3.0% -2.9% -13.6% 49.6% 49.57%
EPS 32.0% 7.3% 4.6% 1.9% 35.7% 11.1% -42.2% -69.3% -70.9% -76.3% -62.3% -1.8% -2.2% -3.0% -5.6% -3.3% -3.0% -2.9% -13.6% 49.6% 49.57%
FCF 5.6% 1.0% 25.2% 52.2% -84.8% -1.2% -1.8% -2.0% -4.0% -1.4% 81.3% 92.8% 1.5% 1.8% 4.9% 10.1% 1.5% 1.2% 59.2% 24.7% 24.66%
EBITDA 60.9% 51.5% 48.3% 28.1% 3.0% -6.1% -30.1% -47.3% -63.3% -78.1% -58.2% -39.2% -21.0% 1.8% 54.4% 10.4% 57.5% -66.3% -26.8% 40.2% 40.24%
Op. Income 5.1% 2.6% 1.4% 64.9% -7.9% -34.0% -69.3% -60.0% -53.7% -30.6% 1.0% -26.6% -1.1% -1.7% -2.0% -4.2% -22.6% -2.1% -9.5% 62.3% 62.29%
OCF Growth snapshot only -5.94%
Asset Growth snapshot only -5.43%
Equity Growth snapshot only 0.21%
Debt Growth snapshot only -56.34%
Shares Change snapshot only 0.00%
Growth (CAGR)
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Revenue 3Y 5.4% 7.1% 6.3% 6.3% 7.3% 7.6% 7.9% 8.5% 8.7% 8.1% 6.3% 2.8% -1.9% -6.0% -8.7% -10.1% -11.2% -11.9% -12.1% -12.3% -12.29%
Revenue 5Y 4.3% 2.5% 1.3% 1.3% 1.4% 2.4% 5.1% 6.7% 7.9% 8.9% 7.2% 4.1% 1.3% -1.5% -3.6% -4.7% -4.7% -5.1% -4.5% -3.2% -3.19%
EPS 3Y — — 1.2% 81.1% 58.1% 68.7% 55.9% 36.0% — 29.9% 6.7% — — — — — — — — — —
EPS 5Y 16.5% 13.9% 25.9% 21.5% 9.4% 11.3% 24.0% — — — 17.9% — — — — — — — — — —
Net Income 3Y — — 1.2% 82.9% 60.3% 71.1% 57.5% 37.0% — 31.4% 7.8% — — — — — — — — — —
Net Income 5Y 17.4% 14.3% 26.8% 22.4% 10.5% 12.4% 25.2% — — — 18.7% — — — — — — — — — —
EBITDA 3Y 56.4% 49.0% 31.9% 31.6% 21.4% 19.1% 7.7% -5.4% -15.2% -32.2% -24.4% -25.7% -33.1% -17.3% -23.3% -29.3% -23.0% -41.2% -22.1% -2.0% -2.01%
EBITDA 5Y 30.5% 33.5% 32.0% 28.0% 23.9% 19.1% 18.9% 13.1% 7.7% -7.4% -7.7% -6.1% -12.3% 0.4% -4.2% -10.7% -5.4% -22.0% -13.3% -8.7% -8.68%
Gross Profit 3Y 8.6% 10.2% 7.4% 6.3% 5.8% 5.2% 6.3% 7.6% 8.9% 9.0% 8.8% 3.6% -2.0% -6.8% -11.3% -11.0% -10.6% -10.6% -11.3% -11.9% -11.94%
Gross Profit 5Y 5.3% 5.5% 5.5% 5.6% 4.7% 4.0% 6.0% 7.5% 8.2% 8.9% 7.5% 3.8% 1.6% -0.9% -3.9% -4.2% -3.8% -4.5% -4.5% -3.7% -3.72%
Op. Income 3Y — — 62.7% 44.6% 34.6% 28.7% 4.0% 14.7% 37.3% 17.9% 13.8% -21.5% — — — — — — — — —
Op. Income 5Y 12.0% 18.8% 20.3% 18.5% 10.7% 1.6% 7.2% 32.7% — — 21.7% -2.4% — — — — — — — — —
FCF 3Y — — 1.2% 69.6% 2.3% — — — — — — — -37.2% -23.8% -17.0% -13.3% 59.4% — — — —
FCF 5Y 1.5% 59.1% 78.0% 52.6% 11.8% — — — — — — — 11.8% 23.4% 49.9% 43.1% 32.6% 14.2% 2.7% 4.4% 4.36%
OCF 3Y 61.0% 90.0% 29.4% 26.9% 10.8% -3.7% -22.4% -39.5% -18.2% -21.5% -21.7% -27.1% -27.2% -22.2% -20.3% -20.7% -10.3% 1.1% 25.0% 57.4% 57.35%
OCF 5Y 21.4% 17.8% 16.8% 15.0% 5.1% -4.3% -0.3% -11.4% 7.7% 22.1% -0.4% -9.0% -6.5% -4.9% -2.8% -1.7% -3.6% -7.3% -10.7% -9.9% -9.86%
Assets 3Y 4.6% 4.5% 5.0% 7.3% 4.6% 6.4% 7.8% 6.5% 8.7% 5.9% 8.1% 9.6% 7.9% 8.0% 6.4% 3.7% 4.3% -0.5% -2.5% -0.7% -0.74%
Assets 5Y 4.2% 3.6% 3.6% 5.2% 4.9% 6.2% 6.1% 6.9% 7.6% 5.7% 6.5% 6.2% 5.0% 5.6% 4.8% 4.5% 5.4% 3.1% 3.4% 4.9% 4.85%
Equity 3Y 7.8% 7.7% 9.7% 11.6% 11.8% 13.6% 13.4% 13.0% 14.2% 14.0% 13.7% 14.6% 12.3% 9.2% 7.2% 4.5% 3.7% -1.6% -2.4% 1.8% 1.76%
Book Value 3Y 6.7% 7.1% 8.6% 10.5% 10.3% 12.0% 12.3% 12.2% 12.8% 12.7% 12.6% 13.7% 11.7% 8.6% 7.1% 4.4% 4.2% -1.2% -2.4% 1.6% 1.55%
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Revenue Stability 0.92 0.54 0.28 0.21 0.17 0.37 0.79 0.80 0.92 0.96 0.96 0.63 0.22 0.04 0.00 0.07 0.15 0.23 0.28 0.28 0.285
Earnings Stability 0.01 0.03 0.30 0.40 0.27 0.37 0.50 0.45 0.43 0.39 0.17 0.01 0.04 0.08 0.23 0.42 0.46 0.55 0.64 0.66 0.660
Margin Stability 0.96 0.95 0.92 0.92 0.92 0.93 0.94 0.96 0.96 0.95 0.95 0.97 0.97 0.95 0.95 0.97 0.97 0.96 0.96 0.97 0.974
Rev. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.500
Earn. Growth Consistency 0.50 0.50 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.500
FCF Positive Streak 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0
Earnings Persistence 0.20 0.50 0.50 0.50 0.50 0.94 0.83 0.50 0.50 0.50 0.50 0.20 0.20 0.20 0.20 0.50 0.50 0.50 0.50 0.80 0.802
Earnings Smoothness — 0.00 0.00 0.02 0.67 0.86 0.47 0.00 0.00 0.00 0.09 — — — — — — — — — —
ROE Trend 0.11 0.12 0.14 0.12 0.09 0.05 -0.02 -0.08 -0.11 -0.11 -0.10 -0.15 -0.15 -0.15 -0.20 -0.17 -0.20 -0.25 -0.13 0.02 0.018
Gross Margin Trend 0.02 0.03 0.03 0.02 -0.01 -0.02 -0.02 -0.02 -0.02 -0.01 0.01 0.01 0.02 0.03 -0.01 0.01 0.00 -0.01 -0.01 -0.02 -0.016
FCF Margin Trend 0.09 0.06 0.05 0.06 -0.05 -0.08 -0.14 -0.17 -0.10 -0.07 -0.03 -0.01 0.04 0.08 0.11 0.13 0.09 0.11 0.08 0.06 0.059
Sustainable Growth Rate 14.7% 15.8% 19.2% 19.6% 17.3% 15.1% 9.3% 5.1% 4.3% 3.1% 3.2% — — — — — — — — — —
Internal Growth Rate 8.1% 8.8% 11.4% 12.0% 10.8% 9.3% 5.5% 3.0% 2.6% 1.9% 1.8% — — — — — — — — — —
Cash Flow Quality
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
OCF/Net Income 2.92 2.48 2.01 2.08 1.53 1.17 0.95 0.82 2.52 3.66 4.16 -2.59 -2.26 -2.15 -1.02 -0.98 -0.78 -0.65 -0.94 -1.83 -1.828
FCF/OCF 0.53 0.48 0.48 0.48 0.11 -0.20 -1.39 -3.93 -0.70 -0.66 -0.16 -0.11 0.34 0.45 0.55 0.63 0.62 0.82 0.83 0.83 0.830
FCF/Net Income snapshot only -1.517
OCF/EBITDA snapshot only 0.983
CapEx/Revenue 9.2% 9.6% 9.7% 10.7% 11.8% 10.7% 10.7% 10.3% 9.3% 9.7% 8.4% 6.8% 5.3% 5.8% 5.7% 5.2% 5.2% 2.4% 2.2% 2.0% 2.05%
CapEx/Depreciation snapshot only 0.133
Accruals Ratio -0.14 -0.12 -0.10 -0.12 -0.05 -0.01 0.00 0.01 -0.04 -0.05 -0.06 -0.08 -0.10 -0.11 -0.17 -0.19 -0.21 -0.23 -0.19 -0.14 -0.137
Sloan Accruals snapshot only -0.167
Cash Flow Adequacy snapshot only 5.876
Dividends & Buybacks
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Dividend Yield — — — — — — — — — — — — — — — — — — — — 2.37%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.52
Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% — — — — — — — — — —
FCF Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% — — — — — — — 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Total Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% — — — — — — — — — —
Div. Increase Streak — — — — — — — — — — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield — — — — — — — — — — — — — — — — — — — — —
Net Buyback Yield — — — — — — — — — — — — — — — — — — — — —
Total Shareholder Return — — — — — — — — — — — — — — — — — — — — —
DuPont Factors
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Tax Burden (NI/EBT) 0.91 0.93 1.14 1.28 1.32 1.37 1.38 0.90 0.92 0.73 0.70 -2.41 2.99 1.18 1.65 1.34 1.68 1.89 1.87 1.94 1.943
Interest Burden (EBT/EBIT) 0.94 0.95 0.96 0.96 0.96 0.96 0.93 0.90 0.86 0.83 0.57 0.21 -0.33 -3.09 5.43 2.51 2.08 1.94 1.58 1.08 1.083
EBIT Margin 0.08 0.08 0.09 0.08 0.07 0.06 0.04 0.03 0.03 0.03 0.04 0.05 0.04 0.01 -0.01 -0.04 -0.05 -0.06 -0.05 -0.03 -0.031
Asset Turnover 1.11 1.09 1.09 1.10 1.13 1.11 1.10 1.14 1.15 1.16 1.05 0.94 0.83 0.74 0.67 0.66 0.66 0.68 0.71 0.74 0.737
Equity Multiplier 1.96 1.96 1.88 1.83 1.78 1.78 1.78 1.76 1.74 1.70 1.76 1.71 1.72 1.73 1.73 1.69 1.69 1.79 1.75 1.68 1.677
Per Share
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
EPS (Diluted TTM) $0.76 $0.84 $1.06 $1.14 $1.03 $0.94 $0.61 $0.35 $0.30 $0.22 $0.23 $-0.28 $-0.37 $-0.45 $-1.06 $-1.20 $-1.48 $-1.76 $-1.20 $-0.61 $-0.61
Book Value/Share $5.46 $5.71 $6.07 $6.55 $6.60 $6.89 $7.14 $7.13 $7.12 $7.20 $7.27 $7.61 $7.61 $7.30 $7.46 $7.46 $7.46 $6.64 $6.64 $7.47 $7.47
Tangible Book/Share $1.81 $2.05 $2.47 $2.89 $2.88 $3.14 $3.23 $3.32 $3.33 $3.41 $5.49 $3.83 $3.83 $3.37 $5.68 $3.75 $3.75 $3.04 $3.04 $5.49 $5.49
Revenue/Share $11.26 $11.37 $11.29 $11.63 $11.93 $12.26 $12.95 $13.77 $13.85 $13.93 $13.28 $11.80 $10.46 $9.26 $8.58 $8.42 $8.46 $8.49 $8.78 $9.23 $9.93
FCF/Share $1.17 $1.00 $1.03 $1.14 $0.17 $-0.22 $-0.80 $-1.13 $-0.53 $-0.54 $-0.15 $-0.08 $0.29 $0.44 $0.59 $0.74 $0.71 $0.95 $0.94 $0.92 $1.23
OCF/Share $2.21 $2.10 $2.13 $2.38 $1.58 $1.10 $0.58 $0.29 $0.76 $0.81 $0.96 $0.72 $0.84 $0.97 $1.08 $1.18 $1.15 $1.15 $1.13 $1.11 $1.43
Cash/Share $1.54 $1.68 $1.94 $2.12 $1.38 $1.19 $1.18 $1.12 $1.29 $0.92 $0.59 $0.54 $0.54 $0.75 $0.52 $0.44 $0.44 $0.70 $0.70 $0.65 $0.65
EBITDA/Share $2.17 $2.27 $2.30 $2.29 $2.17 $2.06 $1.60 $1.21 $0.81 $0.46 $0.67 $0.73 $0.64 $1.26 $1.03 $0.81 $1.00 $0.42 $0.76 $1.13 $1.13
Debt/Share $1.75 $1.59 $1.54 $1.40 $1.37 $1.22 $1.51 $1.50 $0.57 $0.56 $0.74 $0.85 $0.85 $2.19 $1.87 $1.87 $1.87 $1.32 $1.32 $0.82 $0.82
Net Debt/Share $0.21 $-0.09 $-0.40 $-0.71 $-0.01 $0.03 $0.33 $0.38 $-0.72 $-0.36 $0.15 $0.31 $0.31 $1.44 $1.35 $1.42 $1.42 $0.62 $0.62 $0.17 $0.17
Academic Models
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — —
Piotroski F-Score 8 8 6 5 6 6 4 6 7 7 8 4 5 3 2 3 2 4 5 6 6
Beneish M-Score -3.15 -3.09 -2.91 -2.92 -2.40 -2.27 -2.35 -2.11 -2.61 -2.71 -3.02 -2.32 -3.36 -2.32 -3.10 -3.27 -3.30 -3.65 -3.03 -3.16 -3.162
Ohlson O-Score snapshot only -7.771
ROIC (Greenblatt) snapshot only -6.90%
Net-Net WC snapshot only $1.94
EVA snapshot only $-52464699.21
Credit
Metric Trend Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q1'26 Q2'26 Current
Credit Rating snapshot only BBB
Credit Score 80.50 80.50 81.75 81.75 77.10 74.20 69.50 66.10 69.20 65.20 73.65 74.90 80.65 66.00 54.05 53.15 54.65 53.25 56.25 57.75 57.750
Credit Grade snapshot only 9
Credit Trend snapshot only 4.600
Implied Spread (bps) snapshot only 275.000

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