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Not Investment Advice

ALDRV.PA PAR

Drone Volt S.A.
1W: -7.3% 1M: -29.7% 3M: -23.5% YTD: -53.6% 1Y: -60.3% 3Y: -71.0% 5Y: -97.9%
€0.29 ($0.32)
-0.01 (-4.48%)
 
Weekly Expected Move ±5.9%
€0 €0 €0 €0 €0
PAR · Industrials · Aerospace & Defense · Tech Score Strong Sell · Power 36 · €22.1M mcap · 75M float · 0.776% daily turnover

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.

D+
Oct 02, 2026
DCF
1
ROE
1
ROA
1
D/E
1
P/E
1
P/B
1
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. ALDRV.PA receives an overall rating of D+. Areas of concern: DCF (1/5), ROE (1/5), ROA (1/5), D/E (1/5), P/E (1/5), P/B (1/5).
Rating Change History
DateFromTo
2026-09-21 C D+
2026-05-08 D+ C
2026-04-07 None ADDED
2026-04-07 EXISTED None

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.

★ ★ ★ ★ ★ 42 Grade D
Profitability
3
Balance Sheet
0
Earnings Quality
36
Growth
77
Value
32
Momentum
72
Safety
50
Cash Flow
30
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. ALDRV.PA scores highest in Growth (77/100) and lowest in Balance Sheet (0/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

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

Altman Z-Score
1.95
Grey Zone
Piotroski F-Score
5/9
✗ ✗ ✓ ✓ ✓ ✗ ✓ ✗ ✓
Beneish M-Score
-3.15
Unlikely Manipulator
Ohlson O-Score
-3.72
Bankruptcy prob: 2.4%
Low Risk
Credit Rating
BB
Score: 40.3/100
Trend: Deteriorating
Earnings Quality
—
OCF/NI: 0.19x
Accruals: -66.6%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. ALDRV.PA scores 1.95, placing it in the Grey Zone (safe > 2.99, distress < 1.81). Financial distress is possible and warrants monitoring. 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. ALDRV.PA scores 5/9, 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. ALDRV.PA's score of -3.15 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. ALDRV.PA's implied 2.4% 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. ALDRV.PA receives an estimated rating of BB (score: 40.3/100), with a deteriorating 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
-1.80x
PEG
0.00x
P/S
2.36x
P/B
1.03x
P/FCF
-2.22x
P/OCF
—
EV/EBITDA
-4.52x
EV/Revenue
0.69x
EV/EBIT
-1.59x
EV/FCF
-2.22x
Earnings Yield
-81.00%
FCF Yield
-45.15%
Shareholder Yield
0.00%
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. ALDRV.PA currently has negative earnings — the P/E ratio is not meaningful.

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
0.915
NI / EBT
×
Interest Burden
1.404
EBT / EBIT
×
EBIT Margin
-0.432
EBIT / Rev
×
Asset Turnover
1.485
Rev / Assets
×
Equity Multiplier
1.282
Assets / Equity
=
ROE
-105.7%
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. ALDRV.PA's ROE of -105.7% is driven by Asset Turnover (1.485), indicating efficient use of assets to generate revenue. A tax burden ratio of 0.91 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
$0.29
Median 1Y
$0.10
5th Pctile
$0.02
95th Pctile
$0.50
Ann. Volatility
96.1%
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 Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
ROE -1.2% -63.0% -11.7% -1.2% -0.7% -0.4% -25.7% -55.8% -57.9% -1.0% -1.8% -32.4% -33.8% -1.5% -2.2% -1.0% -1.1% -1.1% -92.6% -1.1% -1.06%
ROA -34.9% -27.6% -6.1% -51.7% -0.2% -0.2% -16.4% -28.9% -42.3% -64.1% -1.1% -25.7% -28.3% -1.0% -1.8% -88.2% -87.2% -79.3% -71.9% -82.5% -82.46%
ROIC -76.6% -64.8% -83.8% -42.5% -0.2% -0.2% -11.0% -18.5% -26.8% -39.2% -4.6% -16.6% -18.2% -30.9% -30.3% -31.2% -30.1% -50.0% -49.0% -52.6% -52.62%
ROCE -75.2% -51.2% -472.8% -587.9% -580.2% -694.6% -63.4% -52.4% -47.0% -57.8% -345.5% -27.0% -29.8% -1.2% -93.7% -1.2% -1.3% -1.2% -72.8% -76.9% -76.90%
Gross Margin 11.9% 28.7% 24.4% 20.9% 23.9% 37.1% -14.2% 7.4% -40.9% -32.0% -9.9% 17.7% -13.7% 11.2% -3.3% 24.3% 2.4% -10.3% -4.1% 9.8% 9.81%
Operating Margin -45.6% -23.1% -24.6% -66.8% -48.1% -36.6% -51.1% -42.8% -88.7% -70.3% -58.2% -20.1% -80.6% -20.1% -15.2% -34.1% -12.0% -42.1% -85.7% -77.6% -77.55%
Net Margin -29.4% -20.1% -14.8% -50.9% -37.9% -28.7% -34.9% -37.4% -64.9% -1.4% -18.3% -11.4% -52.4% -2.5% -13.3% -39.7% -14.5% -1.0% -1.3% -94.3% -94.31%
EBITDA Margin -39.4% -26.5% -194.0% -625.1% -409.8% -260.8% -36.8% -34.2% -55.4% -1.4% 2.6% -13.8% -47.7% -1.9% -9.3% -20.4% -9.4% -50.6% 50.8% -37.3% -37.26%
FCF Margin -69.5% -69.4% -73.7% -87.7% -70.0% -79.8% -86.0% -83.5% -94.4% -62.4% -86.1% -57.5% -58.9% -62.0% -29.0% -43.6% -22.1% -21.7% -41.1% -31.0% -30.96%
OCF Margin -58.4% -58.3% -63.2% -77.8% -42.9% -43.9% -53.5% -29.4% -43.4% -13.3% -35.1% -30.2% -31.4% -40.3% -14.7% -23.1% -10.8% -6.6% -18.4% -10.7% -10.67%
ROE 3Y Avg snapshot only -88.93%
ROE 5Y Avg snapshot only -27.30%
ROA 3Y Avg snapshot only -70.57%
ROIC 3Y Avg snapshot only -57.40%
ROIC Economic snapshot only -48.07%
Cash ROA snapshot only -15.60%
Cash ROIC snapshot only -20.80%
CROIC snapshot only -60.37%
NOPAT Margin snapshot only -26.98%
Pretax Margin snapshot only -60.73%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 22.35%
SBC / Revenue snapshot only 0.00%
Valuation
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
P/E Ratio -1013.49 -1118.39 -906.95 -2118.47 -306893.59 -144284.65 -699.40 -219.19 -0.00 -603.02 -508.76 -292.44 -130.26 -19.73 -56.54 -50.73 -31.04 -28.70 -1.76 -1.23 -1.797
P/S Ratio 247.61 273.21 249.76 622.34 94667.78 47493.66 244.34 79.28 0.00 427.62 336.17 158.59 68.42 24.03 46.80 42.12 17.73 9.24 0.85 0.69 2.359
P/B Ratio 1243.85 705.06 265752.40 282949.00 179149.23 88538.71 90.03 61.23 0.00 313.78 137478.62 58.55 29.57 30.14 62.28 69.99 45.66 37.06 1.80 1.34 1.031
P/FCF -356.44 -393.39 -339.00 -709.38 -135205.53 -59534.53 -284.00 -94.99 -0.00 -685.64 -390.65 -275.64 -116.15 -38.78 -161.25 -96.51 -80.38 -42.52 -2.08 -2.22 -2.215
P/OCF — — — — — — — — — — — — — — — — — — — — —
EV/EBITDA -804.75 -887.57 -485.06 -445.63 -307.53 -128.52 -140.41 -113.83 -0.37 -619.62 -581.23 -326.85 -144.35 -25.53 -71.15 -67.20 -42.37 -52.69 -6.20 -4.52 -4.521
EV/Revenue 247.77 273.24 250.15 623.18 94853.29 47707.70 245.28 79.99 0.19 427.47 336.27 158.37 68.51 24.19 46.71 42.22 17.80 9.33 0.85 0.69 0.688
EV/EBIT -709.67 -786.98 -412.56 -396.38 -270.18 -108.71 -114.09 -82.80 -0.25 -457.29 -390.21 -213.10 -94.09 -22.11 -62.31 -58.14 -36.42 -33.33 -2.25 -1.59 -1.591
EV/FCF -356.67 -393.45 -339.53 -710.34 -135470.47 -59802.84 -285.10 -95.84 -0.20 -685.40 -390.77 -275.25 -116.29 -39.04 -160.91 -96.74 -80.68 -42.90 -2.08 -2.22 -2.223
Earnings Yield -0.1% -0.1% -0.1% -0.0% -0.0% -0.0% -0.1% -0.5% -37475.4% -0.2% -0.2% -0.3% -0.8% -5.1% -1.8% -2.0% -3.2% -3.5% -57.0% -81.0% -81.00%
FCF Yield -0.3% -0.3% -0.3% -0.1% -0.0% -0.0% -0.4% -1.1% -83447.2% -0.1% -0.3% -0.4% -0.9% -2.6% -0.6% -1.0% -1.2% -2.4% -48.1% -45.1% -45.15%
PEG Ratio snapshot only 0.004
Price/Tangible Book snapshot only 3.038
Shareholder Yield snapshot only 0.00%
Leverage & Solvency
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Current Ratio 2.26 2.49 3.77 2.00 1.60 1.31 1.56 1.26 1.49 1.44 4.25 3.79 3.33 1.73 3.09 2.07 1.20 0.74 1.93 1.93 1.926
Quick Ratio 1.63 1.75 2.62 1.54 1.16 0.84 1.06 0.85 0.76 1.19 3.11 2.81 2.21 0.92 2.36 1.15 0.82 0.31 1.28 1.28 1.279
Debt/Equity 1.47 0.65 411.78 384.60 351.32 399.12 0.40 0.65 0.26 0.27 42.91 0.09 0.11 0.27 0.17 0.18 0.20 0.34 0.14 0.14 0.139
Net Debt/Equity 0.81 0.10 411.44 384.18 351.05 399.03 0.35 0.55 0.13 -0.11 42.78 -0.08 0.04 0.20 -0.13 0.16 0.17 0.33 0.00 0.00 0.005
Debt/Assets 0.42 0.28 255.58 233.66 220.39 253.55 0.25 0.34 0.19 0.17 39.46 0.09 0.10 0.20 0.13 0.15 0.14 0.22 0.10 0.10 0.104
Debt/EBITDA -0.95 -0.82 -0.75 -0.60 -0.60 -0.58 -0.62 -1.20 -0.74 -0.54 -0.18 -0.52 -0.55 -0.23 -0.19 -0.18 -0.18 -0.48 -0.48 -0.47 -0.466
Net Debt/EBITDA -0.52 -0.12 -0.75 -0.60 -0.60 -0.58 -0.54 -1.01 -0.37 0.21 -0.18 0.46 -0.18 -0.17 0.15 -0.16 -0.16 -0.46 -0.02 -0.02 -0.016
Interest Coverage -463.70 -132.83 -178.19 -421.21 -450.65 — -90.51 -43.51 -21.18 -18.09 -15.42 -15.98 -22.74 -84.32 -114.93 -90.13 -74.82 -41.82 -50.19 -57.90 -57.901
Equity Multiplier 3.51 2.29 1.61 1.65 1.59 1.57 1.56 1.93 1.37 1.62 1.09 1.10 1.13 1.37 1.24 1.23 1.40 1.53 1.34 1.34 1.340
Cash Ratio snapshot only 0.564
Debt Service Coverage snapshot only -20.376
Cash to Debt snapshot only 0.966
FCF to Debt snapshot only -4.366
Defensive Interval snapshot only 107.2 days
Efficiency & Turnover
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Asset Turnover 1.43 1.13 22.24 1.76 0.01 0.01 0.47 0.80 1.00 0.90 1.73 0.47 0.54 0.84 2.14 1.06 1.53 2.46 1.48 1.48 1.485
Inventory Turnover 5.62 5.39 39.84 11.44 0.02 0.02 5.24 7.56 7.30 15.91 19.68 6.18 5.90 7.97 19.77 10.11 16.26 16.28 13.07 11.78 11.776
Receivables Turnover 8.73 13.37 13.21 5.62 0.02 0.02 2.94 6.34 10.50 10.27 10.47 10.31 15.18 16.31 40.65 29.10 47.49 46.25 29.56 25.37 25.371
Payables Turnover 17.28 17.05 29.08 4.14 0.02 0.02 6.28 5.45 9.73 12.10 17.49 14.04 18.60 12.73 37.14 59.14 59.12 23.12 41.83 52.51 52.511
DSO 42 27 28 65 22352 19692 124 58 35 36 35 35 24 22 9 13 8 8 12 14 14.4 days
DIO 65 68 9 32 15038 16016 70 48 50 23 19 59 62 46 18 36 22 22 28 31 31.0 days
DPO 21 21 13 88 23314 15076 58 67 38 30 21 26 20 29 10 6 6 16 9 7 7.0 days
Cash Conversion Cycle 86 74 24 9 14076 20632 136 39 47 28 33 68 66 40 18 42 24 15 32 38 38.4 days
Fixed Asset Turnover snapshot only 38.114
Operating Cycle snapshot only 45.4 days
Cash Velocity snapshot only 14.597
Capital Intensity snapshot only 0.684
Growth (YoY)
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Revenue — — 2.3% -0.8% -99.8% -99.8% -27.1% 1.3% 600.6% 850.6% 2.7% 1.0% 83.4% 72.7% 1.7% 1.6% 2.4% 1.5% 30.7% 11.4% 11.43%
Net Income — — -5.4% -49.2% 99.7% 99.7% 7.5% -1.8% -825.5% -1833.7% -6.0% -2.0% -1.3% -2.0% -2.3% -3.0% -2.7% 33.0% 23.3% 25.5% 25.45%
EPS — — -3.2% 64.1% 99.8% 99.9% 71.7% -30.8% -1382898060.4% -333.2% -47.0% 50.9% 100.0% -4.8% 36.1% 5.0% -4.5% 72.8% -17.0% -15.1% -15.13%
FCF — — -3.4% -69.7% 99.8% 99.7% 14.8% -1.2% -809.8% -664.8% -2.7% -40.0% -14.5% -71.6% 10.3% -98.0% -28.1% 11.1% -84.8% 21.0% 20.96%
EBITDA — — -11.2% -5.2% -1.4% -1.9% -1.5% -13.6% 1.1% -58.3% -22.0% -40.1% -71.6% -1.4% -2.0% -2.4% -2.0% 52.7% 72.6% 73.0% 73.01%
Op. Income — — -8.6% -87.0% 99.7% 99.7% 9.4% -1.3% -826.7% -1168.0% -3.5% -1.3% -80.9% -7.5% -7.4% -38.0% -7.9% -42.0% -53.7% -37.4% -37.41%
OCF Growth snapshot only 48.49%
Asset Growth snapshot only 3.06%
Equity Growth snapshot only -5.50%
Debt Growth snapshot only -28.74%
Shares Change snapshot only -95.38%
Growth (CAGR)
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Revenue 3Y — — — — — — — — — — 1.1% 65.8% 38.2% 52.4% 92.6% 1.3% 14.6% 14.5% 1.3% 80.8% 80.78%
Revenue 5Y — — — — — — — — — — — — — — — — — — 98.6% 67.7% 67.67%
EPS 3Y — — — — — — — — — — — — — — — — — — — — —
EPS 5Y — — — — — — — — — — — — — — — — — — — — —
Net Income 3Y — — — — — — — — — — — — — — — — — — — — —
Net Income 5Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 3Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 5Y — — — — — — — — — — — — — — — — — — — — —
Gross Profit 3Y — — — — — — — — — — — — — -0.2% 5.2% 73.0% 8.4% 5.4% — — —
Gross Profit 5Y — — — — — — — — — — — — — — — — — — 36.2% — —
Op. Income 3Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 5Y — — — — — — — — — — — — — — — — — — — — —
FCF 3Y — — — — — — — — — — — — — — — — — — — — —
FCF 5Y — — — — — — — — — — — — — — — — — — — — —
OCF 3Y — — — — — — — — — — — — — — — — — — — — —
OCF 5Y — — — — — — — — — — — — — — — — — — — — —
Assets 3Y — — — — — — — — — — -56.8% 1.3% 1.1% 63.3% 15.4% 12.5% 12.5% 10.9% 24.2% 17.3% 17.31%
Assets 5Y — — — — — — — — — — — — — — — — — — 1.3% 51.8% 51.82%
Equity 3Y — — — — — — — — — — -47.8% 2.0% 2.1% 93.9% 16.9% 13.9% 13.1% 11.0% 30.8% 32.6% 32.55%
Book Value 3Y — — — — — — — — — — -81.8% -21.6% -1.4% -41.2% 3.1% 2.9% 2.6% 2.6% 28.5% 24.5% 24.50%
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Revenue Stability — — — — — — 0.37 0.75 0.09 0.26 0.72 0.84 0.56 0.68 0.79 0.86 0.84 0.91 0.83 0.84 0.842
Earnings Stability — — — — — — 0.68 0.86 0.36 0.60 0.70 0.81 0.74 0.79 0.71 0.69 0.70 0.69 0.76 0.74 0.737
Margin Stability — — — — — — 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 0.000
Rev. Growth Consistency 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.000
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.500
FCF Positive Streak 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Earnings Persistence — — — — — — 0.97 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.87 0.91 0.90 0.898
Earnings Smoothness — — — — — — — — — — — — — — — — — — — — —
ROE Trend — — — — — — 146.84 66.71 0.62 0.10 -123.65 66.72 0.21 -0.96 134.07 -1.14 -1.21 -0.27 134.64 -0.30 -0.298
Gross Margin Trend — — — — — — -0.32 -0.20 -0.32 -0.39 -0.17 -0.15 -0.14 0.00 0.18 0.12 0.15 0.08 0.10 0.02 0.024
FCF Margin Trend — — — — — — -0.21 -0.14 -0.25 0.12 -0.06 0.28 0.23 0.09 0.57 0.27 0.55 0.40 0.16 0.20 0.196
Sustainable Growth Rate — — — — — — — — — — — — — — — — — — — — —
Internal Growth Rate — — — — — — — — — — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
OCF/Net Income 2.39 2.39 2.30 2.65 1.39 1.33 1.53 0.81 1.02 0.19 0.53 0.56 0.60 0.33 0.18 0.28 0.19 0.20 0.38 0.19 0.192
FCF/OCF 1.19 1.19 1.17 1.13 1.63 1.82 1.61 2.84 2.18 4.68 2.46 1.91 1.88 1.54 1.98 1.89 2.04 3.30 2.23 2.90 2.902
FCF/Net Income snapshot only 0.557
CapEx/Revenue 11.1% 11.1% 10.5% 10.0% 27.2% 35.9% 32.6% 54.1% 51.0% 49.0% 51.0% 27.3% 27.6% 21.6% 14.3% 20.6% 11.3% 15.2% 22.7% 20.3% 20.29%
CapEx/Depreciation snapshot only 1.183
Accruals Ratio 0.49 0.38 7.93 0.85 0.00 0.00 0.09 -0.05 0.01 -0.52 -0.54 -0.11 -0.11 -0.69 -1.45 -0.64 -0.71 -0.63 -0.45 -0.67 -0.666
Sloan Accruals snapshot only -0.246
Cash Flow Adequacy snapshot only -0.526
Dividends & Buybacks
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Dividend Yield 0.0% 0.1% 0.1% 0.1% 0.1% 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% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.07 $0.07 $0.04 $0.05 $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
Payout Ratio — — — — — — — — — — — — — — — — — — — — —
FCF Payout Ratio — — — — — — — — — — — — — — — — — — — — —
Total Payout Ratio — — — — — — — — — — — — — — — — — — — — —
Div. Increase Streak — 0 0 0 0 — — — — — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 2.8% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.4% 0.0% 0.00%
Net Buyback Yield -0.1% -0.2% -0.2% -0.1% -0.1% 0.0% 0.0% 0.0% -50697.4% 0.0% -0.1% -0.3% -0.1% -1.1% -0.4% -0.4% -0.8% -1.8% -47.3% -66.7% -66.65%
Total Shareholder Return -0.1% -0.1% -0.1% -0.0% -0.0% 0.0% 0.0% 0.0% -50697.4% 0.0% -0.1% -0.3% -0.1% -1.1% -0.4% -0.4% -0.8% -1.8% -47.3% -66.7% -66.65%
DuPont Factors
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Tax Burden (NI/EBT) 0.70 0.70 0.67 0.64 0.74 0.73 0.62 0.66 0.67 0.72 0.72 0.69 0.69 1.10 1.10 1.13 1.16 0.89 0.92 0.91 0.915
Interest Burden (EBT/EBIT) 1.00 1.01 0.68 0.29 0.00 0.00 0.26 0.57 0.85 1.06 1.06 1.06 1.04 1.01 1.01 1.01 1.01 1.30 1.39 1.40 1.404
EBIT Margin -0.35 -0.35 -0.61 -1.57 -351.08 -438.84 -2.15 -0.97 -0.75 -0.93 -0.86 -0.74 -0.73 -1.09 -0.75 -0.73 -0.49 -0.28 -0.38 -0.43 -0.432
Asset Turnover 1.43 1.13 22.24 1.76 0.01 0.01 0.47 0.80 1.00 0.90 1.73 0.47 0.54 0.84 2.14 1.06 1.53 2.46 1.48 1.48 1.485
Equity Multiplier 3.51 2.29 1.91 2.40 3.50 2.28 1.56 1.93 1.37 1.62 1.56 1.26 1.19 1.49 1.24 1.15 1.23 1.44 1.29 1.28 1.282
Per Share
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
EPS (Diluted TTM) $-0.12 $-0.09 $-0.08 $-0.03 $-0.00 $-0.00 $-0.02 $-0.04 $-253333.83 $-0.04 $-0.03 $-0.02 $-0.02 $-0.04 $-0.02 $-0.02 $-0.02 $-0.01 $-0.39 $-0.30 $-0.30
Book Value/Share $0.10 $0.14 $0.00 $0.00 $0.00 $0.00 $0.18 $0.14 $874096.57 $0.08 $0.00 $0.10 $0.09 $0.03 $0.02 $0.01 $0.01 $0.01 $0.38 $0.28 $0.28
Tangible Book/Share $0.08 $0.11 $0.00 $0.00 $0.00 $0.00 $0.08 $0.05 $438662.47 $0.06 $0.00 $0.08 $0.07 $0.02 $0.01 $0.01 $0.01 $0.00 $0.17 $0.12 $0.12
Revenue/Share $0.48 $0.37 $0.29 $0.10 $0.00 $0.00 $0.07 $0.11 $597827.50 $0.06 $0.05 $0.04 $0.04 $0.04 $0.03 $0.02 $0.04 $0.04 $0.79 $0.54 $0.12
FCF/Share $-0.33 $-0.26 $-0.22 $-0.09 $-0.00 $-0.00 $-0.06 $-0.09 $-564102.94 $-0.04 $-0.04 $-0.02 $-0.02 $-0.02 $-0.01 $-0.01 $-0.01 $-0.01 $-0.33 $-0.17 $-0.11
OCF/Share $-0.28 $-0.22 $-0.18 $-0.08 $-0.00 $-0.00 $-0.03 $-0.03 $-259324.89 $-0.01 $-0.02 $-0.01 $-0.01 $-0.01 $-0.00 $-0.01 $-0.00 $-0.00 $-0.15 $-0.06 $-0.07
Cash/Share $0.06 $0.08 $0.00 $0.00 $0.00 $0.00 $0.01 $0.01 $111148.03 $0.03 $0.00 $0.02 $0.01 $0.00 $0.01 $0.00 $0.00 $0.00 $0.05 $0.04 $0.04
EBITDA/Share $-0.15 $-0.11 $-0.15 $-0.15 $-0.18 $-0.14 $-0.11 $-0.08 $-303268.75 $-0.04 $-0.03 $-0.02 $-0.02 $-0.03 $-0.02 $-0.01 $-0.02 $-0.01 $-0.11 $-0.08 $-0.08
Debt/Share $0.14 $0.09 $0.11 $0.09 $0.11 $0.08 $0.07 $0.09 $223416.11 $0.02 $0.01 $0.01 $0.01 $0.01 $0.00 $0.00 $0.00 $0.00 $0.05 $0.04 $0.04
Net Debt/Share $0.08 $0.01 $0.11 $0.09 $0.11 $0.08 $0.06 $0.08 $112268.08 $-0.01 $0.01 $-0.01 $0.00 $0.01 $-0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Academic Models
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — 1.946
Altman Z-Prime snapshot only 0.981
Piotroski F-Score 1 1 3 1 2 2 2 3 2 3 4 5 5 4 4 3 3 3 5 5 5
Beneish M-Score — — 3723.56 1788.90 1096.57 -142.11 795.13 827.87 478.71 903.11 -690.06 -2.95 -0.13 -7.15 -1.63 -6.00 -6.68 -7.07 -3.30 -3.15 -3.147
Ohlson O-Score snapshot only -3.716
ROIC (Greenblatt) snapshot only -3.12%
Net-Net WC snapshot only $0.03
EVA snapshot only $-13498620.00
Credit
Metric Trend Q2'16 Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q4'25 Q2'26 Current
Credit Rating snapshot only BB
Credit Score 54.26 56.27 52.02 48.68 48.40 56.90 57.50 52.65 22.92 55.96 52.58 60.84 62.30 56.50 62.89 59.77 54.84 47.63 45.19 40.34 40.345
Credit Grade snapshot only 12
Credit Trend snapshot only -19.429
Implied Spread (bps) snapshot only 475.000
Industry Credit Rank snapshot only 23
Sector Credit Rank snapshot only 29

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