Also trades as: GWR.TO (TSX) · $vol 0M

$8.13

+0.13 (+1.62%)

Weekly Expected Move ±2.7%

$8 $8 $8 $8 $9

NASDAQ · Utilities · Regulated Water · Tech Score Sell · Power 38 · $233.8M mcap · 14M float · 0.829% daily turnover · Short 37% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE

44.7 / 100

NoneWeakNarrowWide

Primary source: Switching Costs · ROIC: 2.8% · 5Y Avg: 3.4%

Cost Advantage

Intangibles

Switching Cost

Network Effect

Scale

The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. GWRS shows a Weak competitive edge (44.7/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Switching Costs. ROIC of 2.8% suggests modest returns relative to capital deployed.

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

Low

$14

Avg Target

$14

High

Based on 2 analyst ratings (12 mo)

Analyst Recommendations

Strong Buy: 0Buy: 2Hold: 2Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$13.75

Analysts2

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2026-03-09	Roth Capital	—	$15	$12	-2	+60.5%	$7.79
2025-11-17	Roth Capital	—	Initiated	$15	—	+70.2%	$8.81

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.

Oct 02, 2026

DCF

ROE

ROA

D/E

P/E

P/B

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. GWRS receives an overall rating of C. Strongest factors: ROA (4/5). Areas of concern: DCF (1/5), ROE (2/5), D/E (1/5), P/E (1/5), P/B (2/5).

Rating Change History

Date	From	To
2026-10-01	C-	C
2026-09-30	C	C-
2026-09-24	C-	C
2026-09-22	C	C-
2026-09-21	C-	C
2026-09-18	C	C-
2026-09-14	C-	C
2026-09-10	C	C-
2026-08-14	C+	C
2026-08-13	C-	C+

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.

★ ★ ★ ★ ★ 30 Grade B

Profitability

Balance Sheet

Earnings Quality

Growth

Value

Momentum

Safety

Cash Flow

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. GWRS scores highest in Earnings Quality (86/100) and lowest in Safety (15/100). A grade of B indicates above-average fundamentals with room for improvement in select areas.

Risk & Quality Signals

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

Altman Z-Score

0.49

Distress Zone

Piotroski F-Score

5/9

✓ ✓ ✗ ✓ ✗ ✗ ✗ ✓ ✓

Beneish M-Score

-3.25

Unlikely Manipulator

Ohlson O-Score

-4.32

Bankruptcy prob: 1.3%

Low Risk

Credit Rating

B-

Score: 22.9/100

Trend: Deteriorating

Earnings Quality

100/100

OCF/NI: 6.54x

Accruals: -3.7%

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. GWRS scores 0.49, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. 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. GWRS 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. GWRS's score of -3.25 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. GWRS's implied 1.3% 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. GWRS receives an estimated rating of B- (score: 22.9/100), with a deteriorating trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). GWRS's score of 100/100 is high — cash flows strongly support reported earnings.

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

73.71x

PEG

-1.47x

P/S

3.89x

P/B

2.76x

P/FCF

-8.57x

P/OCF

10.18x

EV/EBITDA

12.40x

EV/Revenue

5.71x

EV/EBIT

32.48x

EV/FCF

-14.09x

Earnings Yield

1.50%

FCF Yield

-11.67%

Shareholder Yield

4.15%

Graham Number

$2.69

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 73.7x earnings, GWRS is priced for high growth expectations. Graham's intrinsic value formula yields $2.69 per share, 203% below the current price.

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

0.741

NI / EBT

Interest Burden

0.401

EBT / EBIT

EBIT Margin

0.176

EBIT / Rev

Asset Turnover

0.129

Rev / Assets

Equity Multiplier

5.777

Assets / Equity

ROE

3.9%

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. GWRS's ROE of 3.9% is driven by financial leverage (equity multiplier: 5.78x). Note: high leverage means ROE is amplified by debt rather than operational performance.

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

$0.92

Price/Value

7.83x

Margin of Safety

-682.73%

Premium

682.73%

Assessment

Overvalued

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with GWRS's realized 0.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. GWRS trades at a 683% premium to its adjusted intrinsic value of $0.92, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 8.5x compares to the current market P/E of 73.7x.

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

$8.13

Median 1Y

$7.36

5th Pctile

$4.15

95th Pctile

$13.09

Ann. Volatility

37.1%

25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

Executive	Salary	Stock	Total
Ron L. Fleming Chairman, President, and Chief Executive Officer	$385,000	$259,252	$819,403
Michael J. Liebman Chief Financial Officer and Corporate Secretary	$308,000	$185,812	$610,308
Christopher D. Krygier Chief Operating Officer	$275,000	$118,859	$458,432

CEO Pay Ratio

6:1

CEO-to-Employee Pay Ratio

CEO Total Comp: $819,403

Avg Employee Cost (SGA/emp): $141,706

Employees: 126

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees

126

+3.3% YoY

Revenue / Employee

$442,524

Rev: $55,758,000

Profit / Employee

$23,468

NI: $2,957,000

SGA / Employee

$141,706

Avg labor cost proxy

Scaling Efficiency

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	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
ROE	9.3%	11.6%	15.7%	15.9%	13.2%	14.8%	18.9%	17.2%	16.3%	17.2%	13.3%	13.0%	13.3%	12.0%	9.1%	9.0%	6.3%	4.4%	2.5%	3.9%	3.88%
ROA	1.0%	1.2%	1.6%	1.6%	1.6%	1.8%	2.2%	2.0%	2.2%	2.3%	1.7%	1.7%	1.7%	1.5%	1.4%	1.3%	1.0%	0.7%	0.4%	0.7%	0.67%
ROIC	4.0%	4.1%	4.2%	4.7%	4.6%	4.5%	5.4%	4.9%	5.8%	5.8%	4.7%	4.6%	4.6%	4.2%	4.1%	3.5%	2.9%	2.4%	2.1%	2.8%	2.76%
ROCE	3.3%	3.6%	4.0%	3.6%	3.5%	3.3%	3.5%	3.6%	4.0%	4.3%	3.8%	3.7%	3.8%	3.6%	3.3%	3.2%	2.6%	2.1%	1.9%	2.3%	2.26%
Gross Margin	76.5%	74.4%	74.6%	74.9%	76.7%	76.3%	78.8%	75.5%	75.3%	74.8%	71.7%	74.2%	76.0%	73.5%	70.4%	49.2%	73.4%	70.3%	36.4%	74.4%	74.36%
Operating Margin	20.1%	12.7%	13.6%	21.0%	23.3%	11.1%	28.8%	23.2%	26.4%	13.4%	10.9%	20.7%	27.8%	9.9%	10.1%	18.4%	18.8%	2.7%	2.9%	25.4%	25.36%
Net Margin	13.1%	3.4%	8.9%	18.0%	14.2%	7.4%	18.8%	13.4%	18.1%	9.2%	6.0%	12.8%	20.4%	3.3%	4.7%	11.3%	11.1%	-7.1%	-2.8%	15.5%	15.46%
EBITDA Margin	47.8%	41.9%	47.7%	46.7%	49.6%	36.9%	49.9%	50.3%	55.2%	45.9%	46.9%	52.1%	59.4%	45.8%	44.8%	49.4%	47.7%	36.3%	41.6%	55.2%	55.24%
FCF Margin	11.3%	5.1%	-0.5%	-3.6%	-15.7%	-23.8%	-20.7%	-18.2%	-1.9%	5.8%	10.6%	10.5%	-8.5%	-20.0%	-38.4%	-70.9%	-70.9%	-84.6%	-72.8%	-40.5%	-40.50%
OCF Margin	43.8%	48.6%	49.1%	57.3%	56.6%	52.2%	51.1%	49.1%	50.7%	47.9%	52.4%	50.6%	35.8%	41.3%	39.6%	31.4%	42.3%	36.2%	30.3%	34.1%	34.10%
ROE 3Y Avg	snapshot only																				7.99%
ROE 5Y Avg	snapshot only																				10.83%
ROA 3Y Avg	snapshot only																				1.17%
ROIC 3Y Avg	snapshot only																				2.56%
ROIC Economic	snapshot only																				2.76%
Cash ROA	snapshot only																				4.23%
Cash ROIC	snapshot only																				9.34%
CROIC	snapshot only																				-11.10%
NOPAT Margin	snapshot only																				10.07%
Pretax Margin	snapshot only																				7.04%
R&D / Revenue	snapshot only																				0.00%
SGA / Revenue	snapshot only																				30.01%
SBC / Revenue	snapshot only																				0.93%

Valuation

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
P/E Ratio	128.79	98.39	73.49	57.07	50.59	49.13	39.15	42.42	29.00	37.57	47.87	45.46	45.43	46.66	43.25	49.52	64.37	77.37	109.14	66.53	73.708
P/S Ratio	9.36	8.47	8.12	6.36	5.79	6.05	5.80	5.80	4.29	5.65	5.77	5.42	5.69	5.13	4.60	5.08	5.06	4.10	3.86	3.47	3.890
P/B Ratio	12.51	11.82	11.69	9.25	5.65	6.09	6.11	5.93	4.53	6.17	6.23	5.92	6.04	5.67	3.19	3.59	3.13	2.64	2.59	2.46	2.758
P/FCF	82.89	166.23	-1786.06	-174.61	-36.91	-25.40	-27.99	-31.92	-227.20	97.33	54.58	51.38	-67.33	-25.63	-11.95	-7.17	-7.14	-4.85	-5.30	-8.57	-8.568
P/OCF	21.38	17.42	16.53	11.09	10.22	11.59	11.34	11.81	8.46	11.81	11.01	10.71	15.91	12.40	11.61	16.19	11.97	11.34	12.72	10.18	10.177
EV/EBITDA	25.77	23.41	21.41	19.17	17.19	18.51	17.70	17.27	12.94	15.17	15.71	14.84	15.11	14.26	12.47	14.30	15.23	14.55	14.29	12.40	12.403
EV/Revenue	11.62	10.86	10.50	8.83	8.01	8.38	8.15	8.12	6.30	7.66	7.83	7.47	7.78	7.32	6.34	7.17	7.17	6.51	6.28	5.71	5.707
EV/EBIT	51.96	45.72	39.55	37.01	32.99	37.22	34.15	32.82	24.08	27.06	29.33	28.09	27.73	27.64	24.75	28.60	33.26	36.49	40.07	32.48	32.478
EV/FCF	102.94	213.18	-2310.84	-242.62	-51.05	-35.20	-39.34	-44.67	-333.30	131.85	74.06	70.85	-92.08	-36.61	-16.48	-10.11	-10.11	-7.70	-8.63	-14.09	-14.092
Earnings Yield	0.8%	1.0%	1.4%	1.8%	2.0%	2.0%	2.6%	2.4%	3.4%	2.7%	2.1%	2.2%	2.2%	2.1%	2.3%	2.0%	1.6%	1.3%	0.9%	1.5%	1.50%
FCF Yield	1.2%	0.6%	-0.1%	-0.6%	-2.7%	-3.9%	-3.6%	-3.1%	-0.4%	1.0%	1.8%	1.9%	-1.5%	-3.9%	-8.4%	-13.9%	-14.0%	-20.6%	-18.9%	-11.7%	-11.67%
Price/Tangible Book	snapshot only																				2.881
EV/OCF	snapshot only																				16.738
EV/Gross Profit	snapshot only																				8.804
Acquirers Multiple	snapshot only																				41.960
Shareholder Yield	snapshot only																				4.15%
Graham Number	snapshot only																				$2.69

Leverage & Solvency

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Current Ratio	1.72	1.12	1.04	0.75	1.16	0.87	0.51	0.67	0.86	0.82	1.83	1.86	1.63	0.87	1.55	1.09	1.18	0.76	0.68	0.68	0.684
Quick Ratio	1.72	1.12	1.04	0.75	1.16	0.87	0.51	0.67	0.86	0.82	1.83	1.86	1.63	0.87	1.55	1.09	1.18	0.76	0.68	0.68	0.684
Debt/Equity	3.71	3.76	3.81	3.76	2.51	2.50	2.52	2.41	2.22	2.25	2.66	2.62	2.59	2.62	1.61	1.61	1.47	1.60	1.65	1.60	1.602
Net Debt/Equity	3.03	3.34	3.43	3.60	2.16	2.35	2.48	2.37	2.11	2.19	2.22	2.24	2.22	2.43	1.21	1.47	1.30	1.55	1.63	1.59	1.585
Debt/Assets	0.39	0.38	0.38	0.37	0.35	0.34	0.33	0.33	0.30	0.30	0.33	0.32	0.31	0.31	0.28	0.27	0.27	0.29	0.29	0.28	0.281
Debt/EBITDA	6.16	5.81	5.39	5.61	5.52	5.48	5.19	5.02	4.33	4.09	4.94	4.77	4.74	4.61	4.58	4.53	5.06	5.54	5.59	4.91	4.915
Net Debt/EBITDA	5.02	5.16	4.86	5.37	4.76	5.15	5.11	4.93	4.12	3.97	4.13	4.08	4.06	4.28	3.42	4.15	4.47	5.38	5.52	4.86	4.862
Interest Coverage	1.75	1.92	2.23	2.17	2.32	2.50	2.85	2.88	3.08	3.08	2.60	2.51	2.53	2.29	2.28	2.27	2.00	1.67	1.45	1.67	1.669
Equity Multiplier	9.56	9.79	10.03	10.25	7.22	7.28	7.57	7.32	7.30	7.43	8.00	8.07	8.25	8.51	5.75	5.86	5.36	5.58	5.76	5.71	5.706
Cash Ratio	snapshot only																				0.085
Debt Service Coverage	snapshot only																				4.370
Cash to Debt	snapshot only																				0.011
FCF to Debt	snapshot only																				-0.179
Defensive Interval	snapshot only																				61.7 days

Efficiency & Turnover

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Asset Turnover	0.14	0.15	0.15	0.15	0.14	0.14	0.15	0.15	0.15	0.16	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.12	0.13	0.129
Inventory Turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables Turnover	17.74	12.06	20.62	18.33	11.29	18.65	18.96	16.33	8.44	17.71	17.74	15.38	7.75	10.83	16.96	14.91	10.62	8.26	11.05	15.87	15.869
Payables Turnover	30.01	7.77	18.23	9.78	4.82	5.07	9.72	12.80	5.17	7.92	11.45	17.83	13.70	8.92	6.38	16.87	16.74	8.86	9.21	20.85	20.853
DSO	21	30	18	20	32	20	19	22	43	21	21	24	47	34	22	24	34	44	33	23	23.0 days
DIO	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0.0 days
DPO	12	47	20	37	76	72	38	29	71	46	32	20	27	41	57	22	22	41	40	18	17.5 days
Cash Conversion Cycle	8	-17	-2	-17	-43	-52	-18	-6	-27	-25	-11	3	20	-7	-36	3	13	3	-7	5	5.5 days
Fixed Asset Turnover	snapshot only																				0.134
Cash Velocity	snapshot only																				41.230
Capital Intensity	snapshot only																				8.054

Growth (YoY)

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue	10.1%	8.5%	7.6%	6.7%	6.2%	6.7%	12.0%	13.1%	17.8%	18.6%	7.7%	5.9%	0.1%	-0.6%	3.9%	4.3%	7.1%	5.8%	5.7%	10.8%	10.77%
Net Income	1.7%	2.3%	7.8%	83.5%	67.3%	52.6%	50.2%	38.7%	52.4%	45.0%	-12.4%	-7.7%	-15.3%	-27.5%	-8.3%	-10.1%	-32.8%	-48.9%	-64.8%	-43.7%	-43.73%
EPS	1.7%	2.2%	7.7%	83.7%	62.7%	58.6%	43.2%	32.0%	48.4%	32.0%	-13.3%	-8.7%	-15.6%	-27.5%	-8.9%	-20.6%	-40.6%	-54.3%	-70.1%	-46.3%	-46.27%
FCF	3.1%	-60.3%	-1.0%	-1.2%	-2.5%	-6.0%	-50.1%	-4.6%	85.8%	1.3%	1.5%	1.6%	-3.5%	-4.4%	-4.8%	-8.0%	-8.0%	-3.5%	-1.0%	36.7%	36.72%
EBITDA	14.3%	19.4%	34.6%	8.4%	9.7%	4.1%	5.1%	15.3%	23.1%	32.2%	16.6%	13.4%	5.9%	1.1%	6.0%	3.9%	-2.2%	-7.8%	-8.5%	1.7%	1.69%
Op. Income	-10.5%	-4.9%	10.9%	3.2%	19.7%	12.0%	40.2%	45.3%	50.1%	57.1%	-4.5%	-11.3%	-18.1%	-23.8%	-4.3%	-4.1%	-16.4%	-23.6%	-32.7%	-10.9%	-10.89%
OCF Growth	snapshot only																				20.27%
Asset Growth	snapshot only																				7.74%
Equity Growth	snapshot only																				10.56%
Debt Growth	snapshot only																				10.34%
Shares Change	snapshot only																				4.74%
Dividend Growth	snapshot only																				8.82%

Growth (CAGR)

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue 3Y	5.7%	5.7%	6.0%	8.4%	7.8%	8.0%	10.0%	10.2%	11.3%	11.1%	9.1%	8.5%	7.8%	7.9%	7.8%	7.7%	8.1%	7.6%	5.8%	7.0%	6.96%
Revenue 5Y	21.3%	12.8%	7.5%	7.5%	7.5%	7.5%	8.5%	7.3%	8.1%	8.3%	7.5%	8.8%	8.1%	8.2%	8.3%	8.1%	8.1%	7.6%	7.4%	8.1%	8.11%
EPS 3Y	-22.5%	2.9%	8.8%	32.6%	24.7%	34.3%	50.7%	83.0%	86.0%	89.2%	1.2%	30.3%	26.8%	14.9%	4.2%	-1.5%	-9.4%	-24.1%	-38.2%	-27.0%	-26.97%
EPS 5Y	—	—	—	22.1%	21.4%	2.2%	4.4%	-3.3%	2.4%	18.0%	9.9%	22.9%	19.5%	18.3%	22.0%	34.7%	26.4%	17.6%	24.1%	-1.1%	-1.14%
Net Income 3Y	-20.3%	5.2%	11.2%	35.3%	28.5%	35.3%	54.3%	86.9%	90.2%	93.3%	1.3%	32.9%	29.3%	17.1%	6.5%	4.8%	-4.6%	-18.7%	-34.4%	-22.4%	-22.42%
Net Income 5Y	—	—	—	25.9%	25.9%	4.5%	8.6%	0.6%	5.2%	20.8%	12.6%	26.0%	22.3%	21.1%	24.1%	40.2%	31.4%	21.8%	30.2%	3.5%	3.51%
EBITDA 3Y	1.9%	3.4%	6.5%	9.2%	8.9%	9.2%	10.5%	14.1%	15.6%	18.0%	18.2%	12.3%	12.7%	11.6%	9.1%	10.7%	8.4%	7.2%	4.2%	6.2%	6.22%
EBITDA 5Y	21.8%	15.6%	11.5%	8.3%	7.9%	5.6%	6.4%	4.5%	7.4%	8.7%	8.2%	11.2%	10.9%	11.8%	10.7%	11.8%	9.9%	8.9%	9.8%	8.4%	8.41%
Gross Profit 3Y	5.0%	5.0%	5.8%	8.7%	8.0%	8.4%	10.8%	11.0%	12.0%	11.5%	8.7%	7.8%	7.1%	7.2%	6.8%	3.7%	3.8%	2.7%	-3.7%	1.1%	1.07%
Gross Profit 5Y	21.8%	13.2%	8.0%	7.5%	7.4%	7.4%	8.6%	7.1%	7.9%	8.1%	7.0%	8.7%	8.0%	8.0%	7.9%	5.7%	5.5%	4.8%	1.9%	4.8%	4.84%
Op. Income 3Y	-10.7%	-9.0%	-7.1%	0.8%	0.6%	4.0%	10.6%	15.3%	17.2%	18.8%	14.1%	10.0%	13.8%	10.3%	8.6%	7.3%	0.9%	-2.9%	-15.0%	-8.8%	-8.81%
Op. Income 5Y	13.6%	10.6%	7.5%	4.4%	5.2%	1.9%	6.1%	1.5%	5.1%	5.8%	1.4%	5.7%	4.6%	6.1%	4.3%	5.4%	1.9%	-0.5%	-0.9%	2.6%	2.59%
FCF 3Y	-4.5%	-31.1%	—	—	—	—	—	—	—	-17.0%	-9.2%	-6.4%	—	—	—	—	—	—	—	—	—
FCF 5Y	—	—	—	—	—	—	—	—	—	-13.9%	-0.6%	3.9%	—	—	—	—	—	—	—	—	—
OCF 3Y	11.5%	21.7%	23.6%	28.5%	26.5%	26.4%	30.7%	30.3%	29.7%	20.5%	18.7%	16.1%	0.8%	2.2%	0.4%	-11.9%	-1.9%	-4.7%	-11.1%	-5.3%	-5.28%
OCF 5Y	—	—	68.2%	25.4%	25.5%	15.9%	13.4%	13.5%	15.0%	17.6%	19.4%	17.5%	8.5%	13.5%	14.1%	9.3%	14.3%	6.8%	1.2%	4.0%	4.02%
Assets 3Y	5.1%	3.9%	4.3%	5.0%	6.9%	6.7%	7.5%	8.5%	8.5%	8.4%	9.9%	9.6%	10.9%	11.3%	14.3%	13.7%	13.9%	14.3%	12.2%	11.2%	11.24%
Assets 5Y	4.2%	4.3%	4.4%	5.2%	6.4%	6.3%	7.5%	8.1%	7.1%	6.6%	7.8%	7.8%	8.6%	8.8%	9.9%	10.3%	11.3%	11.2%	11.0%	10.7%	10.67%
Equity 3Y	1.7%	2.5%	3.1%	3.7%	19.5%	21.6%	9.0%	12.2%	13.2%	14.7%	16.0%	15.4%	16.5%	16.6%	37.6%	37.0%	25.8%	25.0%	22.9%	20.9%	20.89%
Book Value 3Y	-1.1%	0.3%	0.9%	1.6%	16.0%	20.8%	6.5%	9.8%	10.7%	12.3%	13.2%	13.1%	14.2%	14.5%	34.7%	28.8%	19.5%	16.7%	15.7%	13.8%	13.81%
Dividend 3Y	-2.0%	-1.8%	-1.8%	-1.6%	-2.3%	0.7%	-0.5%	0.2%	-0.1%	-0.7%	-1.4%	-1.4%	-1.5%	-1.3%	-1.7%	-4.6%	-2.5%	-2.9%	-0.8%	-1.7%	-1.66%

Growth Quality

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue Stability	0.86	0.92	0.97	0.98	0.99	0.99	0.97	0.91	0.88	0.88	0.96	0.99	0.95	0.94	0.99	0.98	0.95	0.93	0.98	0.98	0.984
Earnings Stability	0.19	0.18	0.18	0.01	0.04	0.04	0.11	0.06	0.16	0.63	0.51	0.84	0.79	0.72	0.63	0.72	0.44	0.16	0.04	0.02	0.018
Margin Stability	0.98	0.99	0.99	0.99	0.99	1.00	0.99	0.99	0.99	0.99	0.99	0.99	0.99	0.99	0.98	0.95	0.95	0.94	0.89	0.92	0.925
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	1.00	1.00	0.00	1.00	1.00	1.00	0.50	1.00	1.00	1.000
Earn. Growth Consistency	0.50	0.50	0.50	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	0.00	0.00	0.00	0.000
FCF Positive Streak	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earnings Persistence	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.85	0.50	0.82	0.95	0.97	0.94	0.89	0.97	0.96	0.87	0.80	0.50	0.83	0.825
Earnings Smoothness	0.08	0.00	0.00	0.41	0.50	0.58	0.60	0.68	0.58	0.63	0.87	0.92	0.83	0.68	0.91	0.89	0.61	0.35	0.04	0.44	0.440
ROE Trend	0.04	0.06	0.12	0.10	0.05	0.05	0.07	0.02	0.05	0.04	-0.03	-0.02	-0.00	-0.02	-0.07	-0.06	-0.10	-0.11	-0.08	-0.06	-0.064
Gross Margin Trend	0.01	0.00	0.01	-0.00	-0.00	0.00	0.01	0.01	0.01	0.01	-0.02	-0.02	-0.02	-0.02	-0.02	-0.08	-0.09	-0.09	-0.16	-0.06	-0.058
FCF Margin Trend	0.05	-0.02	-0.07	-0.11	-0.23	-0.33	-0.30	-0.25	0.00	0.15	0.21	0.21	0.00	-0.11	-0.33	-0.67	-0.66	-0.77	-0.59	-0.10	-0.103
Sustainable Growth Rate	-11.1%	-9.6%	-6.4%	-6.0%	-4.5%	-3.7%	0.2%	-1.0%	1.0%	1.7%	-2.2%	-2.2%	-1.6%	-3.1%	-2.6%	-3.2%	-5.0%	-7.8%	-8.1%	-6.8%	-6.82%
Internal Growth Rate	—	—	—	—	—	—	0.0%	—	0.1%	0.2%	—	—	—	—	—	—	—	—	—	—	—

Cash Flow Quality

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
OCF/Net Income	6.02	5.65	4.44	5.14	4.95	4.24	3.45	3.59	3.43	3.18	4.35	4.24	2.86	3.76	3.73	3.06	5.38	6.82	8.58	6.54	6.538
FCF/OCF	0.26	0.10	-0.01	-0.06	-0.28	-0.46	-0.41	-0.37	-0.04	0.12	0.20	0.21	-0.24	-0.48	-0.97	-2.26	-1.68	-2.34	-2.40	-1.19	-1.188
FCF/Net Income	snapshot only																				-7.766
OCF/EBITDA	snapshot only																				0.741
CapEx/Revenue	32.5%	43.5%	49.5%	60.9%	72.3%	76.0%	71.8%	67.3%	52.6%	42.1%	41.8%	40.0%	44.2%	61.3%	78.0%	1.0%	1.1%	1.2%	1.0%	74.6%	74.59%
CapEx/Depreciation	snapshot only																				2.623
Accruals Ratio	-0.05	-0.06	-0.06	-0.07	-0.06	-0.06	-0.05	-0.05	-0.05	-0.05	-0.06	-0.05	-0.03	-0.04	-0.04	-0.03	-0.04	-0.04	-0.03	-0.04	-0.037
Sloan Accruals	snapshot only																				-0.052
Cash Flow Adequacy	snapshot only																				0.383
Earnings Quality Score	snapshot only																				1.000

Dividends & Buybacks

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Dividend Yield	1.7%	1.9%	1.9%	2.4%	2.6%	2.5%	2.5%	2.5%	3.2%	2.4%	2.4%	2.6%	2.5%	2.7%	3.0%	2.7%	2.8%	3.6%	3.9%	4.1%	3.74%
Dividend/Share	$0.29	$0.29	$0.29	$0.29	$0.29	$0.31	$0.29	$0.30	$0.30	$0.30	$0.30	$0.30	$0.30	$0.30	$0.30	$0.28	$0.29	$0.30	$0.30	$0.30	$0.30
Payout Ratio	2.2%	1.8%	1.4%	1.4%	1.3%	1.3%	98.8%	1.1%	93.8%	90.0%	1.2%	1.2%	1.1%	1.3%	1.3%	1.4%	1.8%	2.8%	4.3%	2.8%	2.76%
FCF Payout Ratio	1.4%	3.1%	—	—	—	—	—	—	—	2.3%	1.3%	1.3%	—	—	—	—	—	—	—	—	—
Total Payout Ratio	2.2%	2.0%	1.5%	1.5%	1.5%	1.3%	98.8%	1.1%	93.8%	90.1%	1.2%	1.2%	1.2%	1.3%	1.3%	1.4%	1.8%	2.8%	4.3%	2.8%	2.76%
Div. Increase Streak	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Chowder Number	0.04	0.03	0.03	0.04	0.05	0.07	0.08	0.10	0.10	0.07	0.06	0.04	0.04	0.04	0.04	0.07	0.11	0.16	0.21	0.18	0.181
Buyback Yield	0.0%	0.2%	0.2%	0.2%	0.3%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.1%	0.1%	0.1%	0.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Net Buyback Yield	-0.0%	0.2%	0.2%	-0.5%	-4.8%	-5.5%	-5.3%	-6.8%	-2.1%	-0.9%	-0.9%	0.1%	0.1%	0.1%	-12.5%	-11.3%	-15.7%	-19.3%	-6.0%	-6.3%	-6.26%
Total Shareholder Return	1.7%	2.0%	2.1%	2.0%	-2.2%	-2.9%	-2.8%	-4.3%	1.2%	1.5%	1.5%	2.7%	2.6%	2.8%	-9.5%	-8.5%	-12.9%	-15.7%	-2.1%	-2.1%	-2.11%

DuPont Factors

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Tax Burden (NI/EBT)	0.76	0.76	0.75	0.87	0.83	0.85	0.83	0.74	0.75	0.74	0.73	0.74	0.74	0.74	0.74	0.73	0.73	0.74	0.73	0.74	0.741
Interest Burden (EBT/EBIT)	0.43	0.48	0.55	0.54	0.57	0.64	0.75	0.75	0.76	0.72	0.62	0.60	0.60	0.56	0.56	0.56	0.50	0.40	0.31	0.40	0.401
EBIT Margin	0.22	0.24	0.27	0.24	0.24	0.23	0.24	0.25	0.26	0.28	0.27	0.27	0.28	0.26	0.26	0.25	0.22	0.18	0.16	0.18	0.176
Asset Turnover	0.14	0.15	0.15	0.15	0.14	0.14	0.15	0.15	0.15	0.16	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.12	0.13	0.129
Equity Multiplier	8.90	9.28	9.71	9.83	8.17	8.29	8.54	8.44	7.26	7.36	7.79	7.70	7.78	7.96	6.61	6.71	6.38	6.62	5.75	5.78	5.777

Per Share

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
EPS (Diluted TTM)	$0.13	$0.16	$0.21	$0.21	$0.21	$0.25	$0.29	$0.28	$0.32	$0.33	$0.26	$0.25	$0.27	$0.24	$0.23	$0.20	$0.16	$0.11	$0.07	$0.11	$0.11
Book Value/Share	$1.35	$1.31	$1.29	$1.31	$1.91	$2.01	$1.89	$2.00	$2.03	$2.01	$1.96	$1.96	$2.01	$1.96	$3.16	$2.79	$3.26	$3.20	$2.93	$2.95	$2.95
Tangible Book/Share	$0.69	$0.61	$0.59	$0.63	$1.26	$1.33	$1.01	$1.12	$1.21	$1.20	$1.15	$1.22	$1.27	$1.23	$2.55	$2.25	$2.71	$2.73	$2.50	$2.51	$2.51
Revenue/Share	$1.80	$1.83	$1.86	$1.90	$1.86	$2.03	$1.99	$2.04	$2.14	$2.19	$2.12	$2.14	$2.13	$2.18	$2.19	$1.97	$2.02	$2.06	$1.97	$2.09	$2.09
FCF/Share	$0.20	$0.09	$-0.01	$-0.07	$-0.29	$-0.48	$-0.41	$-0.37	$-0.04	$0.13	$0.22	$0.23	$-0.18	$-0.44	$-0.84	$-1.40	$-1.43	$-1.74	$-1.43	$-0.85	$-0.85
OCF/Share	$0.79	$0.89	$0.92	$1.09	$1.05	$1.06	$1.02	$1.00	$1.08	$1.05	$1.11	$1.08	$0.76	$0.90	$0.87	$0.62	$0.85	$0.74	$0.60	$0.71	$0.71
Cash/Share	$0.93	$0.55	$0.49	$0.21	$0.66	$0.30	$0.08	$0.08	$0.22	$0.13	$0.85	$0.75	$0.75	$0.37	$1.29	$0.37	$0.55	$0.15	$0.06	$0.05	$0.05
EBITDA/Share	$0.81	$0.85	$0.91	$0.88	$0.87	$0.92	$0.92	$0.96	$1.04	$1.11	$1.06	$1.08	$1.10	$1.12	$1.11	$0.99	$0.95	$0.92	$0.87	$0.96	$0.96
Debt/Share	$5.01	$4.92	$4.93	$4.91	$4.79	$5.03	$4.76	$4.82	$4.50	$4.52	$5.22	$5.14	$5.20	$5.15	$5.10	$4.48	$4.80	$5.11	$4.84	$4.72	$4.72
Net Debt/Share	$4.08	$4.37	$4.45	$4.71	$4.13	$4.73	$4.68	$4.73	$4.28	$4.39	$4.37	$4.39	$4.46	$4.78	$3.81	$4.11	$4.24	$4.96	$4.77	$4.67	$4.67

Academic Models

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.494
Altman Z-Prime	snapshot only																				0.616
Piotroski F-Score	7	6	7	7	7	8	7	7	6	6	6	6	5	4	4	4	4	4	4	5	5
Beneish M-Score	-2.83	-2.77	-2.70	-2.61	-2.62	-2.25	-2.47	-2.49	-2.40	-2.66	-2.25	-2.44	-2.62	-2.40	-2.72	-2.15	-2.51	3.43	-2.00	-3.25	-3.250
Ohlson O-Score	snapshot only																				-4.323
ROIC (Greenblatt)	snapshot only																				2.38%
Net-Net WC	snapshot only																				$-13.45
EVA	snapshot only																				$-15877476.75

Credit

Metric	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	Q3'25	Q4'25	Q1'26	Q2'26	Current
Credit Rating	snapshot only																				B-
Credit Score	28.89	25.08	28.41	21.36	30.52	26.78	23.65	22.53	33.72	34.51	38.51	38.97	35.90	28.65	38.73	33.10	30.95	20.78	17.96	22.85	22.851
Credit Grade	snapshot only																				16
Credit Trend	snapshot only																				-10.254
Implied Spread (bps)	snapshot only																				900.000
Industry Credit Rank	snapshot only																				11
Sector Credit Rank	snapshot only																				17

GWRS NASDAQ

Edge Score

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Executive Compensation

C-Suite Compensation

CEO Pay Ratio

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Scaling Efficiency

Sign in to InsiderStreet