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 D

Profitability

0

Balance Sheet

20

Earnings Quality

22

Growth

48

Value

—

Momentum

50

Safety

—

Cash Flow

30

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

3/9

✗ ✗ ✓ ✓ ✗ ✓ ✗ ✗ ✗

Beneish M-Score

-4.83

Unlikely Manipulator

Ohlson O-Score

6.03

Bankruptcy prob: 99.8%

High Risk

Credit Rating

B-

Score: 20.0/100

Trend: Stable

Earnings Quality

—

OCF/NI: 0.16x

Accruals: -45.6%

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. MJARF scores 3/9, suggesting weak financial fundamentals — the company fails the majority of these accounting tests. 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. MJARF's score of -4.83 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. MJARF's implied 99.8% bankruptcy probability signals significant financial distress. 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. MJARF receives an estimated rating of B- (score: 20.0/100), with a stable 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

-0.00x

PEG

0.00x

P/S

0.01x

P/B

-0.00x

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. MJARF 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

1.000

NI / EBT

×

Interest Burden

1.551

EBT / EBIT

×

EBIT Margin

-5.855

EBIT / Rev

×

Asset Turnover

0.060

Rev / Assets

×

Equity Multiplier

-1.100

Assets / Equity

=

ROE

59.5%

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. MJARF's ROE of 59.5% is driven by Asset Turnover (0.060), indicating efficient use of assets to generate revenue. A tax burden ratio of 1.00 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 1710 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$0.00

Median 1Y

$0.00

5th Pctile

$0.00

95th Pctile

$0.00

Ann. Volatility

953.4%

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	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
ROE	-5.0%	-11.4%	-18.6%	4.7%	-6.0%	-5.0%	-4.4%	48.7%	38.7%	30.8%	59.5%	59.46%
ROA	-2.4%	-5.8%	-8.2%	-1.6%	-1.1%	-1.0%	-94.3%	-26.4%	-22.7%	-21.1%	-54.1%	-54.05%
ROIC	-0.9%	-4.4%	-4.6%	-60.7%	-69.4%	-62.6%	-41.2%	-9.7%	-4.7%	-5.6%	-11.0%	-10.96%
ROCE	-1.5%	-1.2%	-2.1%	-4.1%	3.9%	3.4%	3.5%	3.6%	0.7%	0.5%	-68.5%	-68.54%
Gross Margin	37.6%	47.6%	41.6%	-98.5%	18.1%	39.6%	51.8%	84.0%	60.6%	-1.3%	-1.6%	-1.65%
Operating Margin	-30.2%	-1.9%	-47.3%	-26.7%	-2.0%	-1.9%	-28.6%	11.1%	14.4%	-4.1%	-3.4%	-3.36%
Net Margin	-71.4%	-1.7%	-1.6%	-167.5%	-3.7%	-6.0%	1.5%	-9.1%	-2.4%	-8.3%	-16.1%	-16.15%
EBITDA Margin	-18.9%	-92.8%	-38.8%	-167.6%	-1.7%	-1.7%	-85.3%	-6.5%	24.5%	-3.2%	-12.3%	-12.26%
FCF Margin	-1.6%	-1.6%	-1.6%	-2.2%	-2.6%	-2.5%	-2.4%	-1.5%	-1.3%	-1.4%	-1.8%	-1.82%
OCF Margin	-1.0%	-1.1%	-1.1%	-1.6%	-1.9%	-1.6%	-1.3%	-87.9%	-71.2%	-86.6%	-1.4%	-1.42%
ROA 3Y Avg	snapshot only											-94.20%
ROIC 3Y Avg	snapshot only											-75.75%
ROIC Economic	snapshot only											-10.87%
Cash ROA	snapshot only											-10.01%
Cash ROIC	snapshot only											-14.04%
CROIC	snapshot only											-17.96%
NOPAT Margin	snapshot only											-1.11%
Pretax Margin	snapshot only											-9.08%
R&D / Revenue	snapshot only											0.00%
SGA / Revenue	snapshot only											1.61%
SBC / Revenue	snapshot only											29.17%

Valuation

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
P/E Ratio	—	—	—	—	—	—	—	—	—	—	—	-0.000
P/S Ratio	—	—	—	—	—	—	—	—	—	—	—	0.011
P/B Ratio	—	—	—	—	—	—	—	—	—	—	—	-0.000
P/FCF	—	—	—	—	—	—	—	—	—	—	—	—
P/OCF	—	—	—	—	—	—	—	—	—	—	—	—
EV/EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EV/Revenue	—	—	—	—	—	—	—	—	—	—	—	—
EV/EBIT	—	—	—	—	—	—	—	—	—	—	—	—
EV/FCF	—	—	—	—	—	—	—	—	—	—	—	—
Earnings Yield	—	—	—	—	—	—	—	—	—	—	—	—
FCF Yield	—	—	—	—	—	—	—	—	—	—	—	—
PEG Ratio	snapshot only											0.000

Leverage & Solvency

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
Current Ratio	0.26	2.54	1.13	0.73	0.31	0.27	0.10	0.12	0.12	0.53	0.60	0.597
Quick Ratio	0.25	2.39	1.03	0.72	0.30	0.25	0.08	0.09	0.08	0.26	0.38	0.383
Debt/Equity	0.95	0.84	1.12	-2.51	-2.11	-1.88	-2.42	-1.92	-1.94	-1.81	-1.52	-1.521
Net Debt/Equity	0.83	0.75	1.03	—	—	—	—	—	—	—	—	—
Debt/Assets	0.45	0.42	0.49	0.88	0.88	0.96	1.36	1.64	1.63	1.72	2.10	2.102
Debt/EBITDA	-72.18	-16.78	-16.65	-0.58	-0.56	-0.58	-0.65	-6.19	-7.55	-7.66	-5.19	-5.192
Net Debt/EBITDA	-62.78	-15.05	-15.28	-0.54	-0.54	-0.56	-0.64	-6.13	-7.52	-7.62	-5.17	-5.174
Interest Coverage	-0.54	-0.47	-0.51	-12.06	-12.32	-12.44	-10.40	-0.14	-0.03	0.01	-1.68	-1.682
Equity Multiplier	2.11	1.97	2.27	-2.86	-2.40	-1.96	-1.78	-1.17	-1.18	-1.06	-0.72	-0.723
Cash Ratio	snapshot only											0.018
Debt Service Coverage	snapshot only											-1.650
Cash to Debt	snapshot only											0.003
FCF to Debt	snapshot only											-0.061
Defensive Interval	snapshot only											62.8 days

Efficiency & Turnover

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
Asset Turnover	0.03	0.05	0.06	0.17	0.08	0.05	0.04	0.09	0.08	0.08	0.06	0.060
Inventory Turnover	11.55	4.59	4.08	27.03	13.47	4.19	2.33	1.70	0.88	0.98	1.29	1.293
Receivables Turnover	15.16	407.09	36.96	4.98	10.87	11.68	9.50	2.97	5.15	5.61	4.46	4.455
Payables Turnover	1.74	1.89	3.27	2.10	2.12	2.12	1.74	0.81	0.63	1.03	1.02	1.025
DSO	24	1	10	73	34	31	38	123	71	65	82	81.9 days
DIO	32	79	90	14	27	87	157	214	414	372	282	282.2 days
DPO	209	193	112	174	172	172	210	449	582	356	356	356.2 days
Cash Conversion Cycle	-154	-112	-12	-87	-111	-54	-15	-112	-97	81	8	7.9 days
Fixed Asset Turnover	snapshot only											0.240
Operating Cycle	snapshot only											364.1 days
Cash Velocity	snapshot only											9.672
Capital Intensity	snapshot only											14.186

Growth (YoY)

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
Revenue	—	—	—	—	75.2%	-27.7%	-59.7%	-58.3%	-44.2%	-28.3%	-42.3%	-42.28%
Net Income	—	—	—	—	-33.8%	-11.8%	-6.4%	87.0%	88.9%	90.1%	77.8%	77.77%
EPS	—	—	—	—	-30.0%	-9.9%	-5.6%	88.2%	90.1%	90.6%	79.0%	79.03%
FCF	—	—	—	—	-1.9%	-11.6%	42.4%	72.4%	73.2%	58.5%	55.5%	55.49%
EBITDA	—	—	—	—	-120.5%	-25.7%	-19.3%	89.2%	90.9%	90.7%	85.8%	85.82%
Op. Income	—	—	—	—	-17.4%	-1.8%	-1.2%	83.8%	91.9%	89.0%	81.9%	81.91%
OCF Growth	snapshot only											37.43%
Asset Growth	snapshot only											-26.93%
Debt Growth	snapshot only											12.63%
Shares Change	snapshot only											6.01%

Growth Quality

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
Revenue Stability	—	—	—	—	—	—	—	—	0.00	0.99	0.91	0.907
Earnings Stability	—	—	—	—	—	—	—	—	0.01	0.00	0.01	0.008
Margin Stability	—	—	—	—	—	—	—	—	0.67	0.70	0.00	0.000
Rev. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.00	0.00	0.00	0.00	0.00	0.00	0.000
Earn. Growth Consistency	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	0.500
FCF Positive Streak	0	0	0	0	0	0	0	0	0	0	0	0
Earnings Persistence	—	—	—	—	—	—	—	—	0.50	0.50	0.50	0.500
Earnings Smoothness	—	—	—	—	—	—	—	—	—	—	—	—
ROE Trend	—	—	—	—	—	—	—	—	—	—	—	—
Gross Margin Trend	—	—	—	—	—	—	—	—	0.23	0.08	-0.45	-0.452
FCF Margin Trend	—	—	—	—	—	—	—	—	0.85	0.61	0.18	0.185
Sustainable Growth Rate	—	—	—	—	—	—	—	—	—	—	—	—
Internal Growth Rate	—	—	—	—	—	—	—	—	—	—	—	—

Cash Flow Quality

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
OCF/Net Income	1.45	0.94	0.88	0.16	0.13	0.08	0.06	0.29	0.25	0.31	0.16	0.156
FCF/OCF	1.54	1.51	1.45	1.42	1.40	1.52	1.80	1.68	1.76	1.66	1.28	1.279
FCF/Net Income	snapshot only											0.200
CapEx/Revenue	56.0%	54.1%	51.5%	66.3%	74.0%	85.2%	1.0%	59.7%	54.0%	57.1%	39.6%	39.62%
CapEx/Depreciation	snapshot only											3.597
Accruals Ratio	0.01	-0.00	-0.01	-1.38	-0.96	-0.96	-0.89	-0.19	-0.17	-0.15	-0.46	-0.456
Sloan Accruals	snapshot only											1.461
Cash Flow Adequacy	snapshot only											-3.583

Dividends & Buybacks

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
Dividend Yield	—	—	—	—	—	—	—	—	—	—	—	0.00%
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
Payout Ratio	—	—	—	—	—	—	—	—	—	—	—	—
FCF Payout Ratio	—	—	—	—	—	—	—	—	—	—	—	—
Total Payout Ratio	—	—	—	—	—	—	—	—	—	—	—	—
Div. Increase Streak	—	—	—	—	—	—	—	—	—	—	—	—
Chowder Number	—	—	—	—	—	—	—	—	—	—	—	—
Buyback Yield	—	—	—	—	—	—	—	—	—	—	—	—
Net Buyback Yield	—	—	—	—	—	—	—	—	—	—	—	—
Total Shareholder Return	—	—	—	—	—	—	—	—	—	—	—	—

DuPont Factors

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
Tax Burden (NI/EBT)	1.09	1.06	1.13	0.99	1.00	1.01	1.02	1.40	1.38	1.19	1.00	1.000
Interest Burden (EBT/EBIT)	2.86	4.88	3.91	1.11	1.11	1.08	1.10	8.22	35.43	-71.68	1.55	1.551
EBIT Margin	-0.23	-0.22	-0.29	-8.81	-12.80	-18.37	-21.13	-0.26	-0.06	0.03	-5.85	-5.855
Asset Turnover	0.03	0.05	0.06	0.17	0.08	0.05	0.04	0.09	0.08	0.08	0.06	0.060
Equity Multiplier	2.11	1.97	2.27	-2.86	5.42	4.76	4.63	-1.85	-1.70	-1.46	-1.10	-1.100

Per Share

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
EPS (Diluted TTM)	$-0.10	$-0.27	$-0.42	$-3.19	$-3.12	$-2.98	$-2.76	$-0.38	$-0.31	$-0.28	$-0.58	$-0.58
Book Value/Share	$2.02	$2.38	$2.26	$-0.68	$-0.76	$-0.84	$-0.74	$-0.93	$-0.92	$-1.02	$-1.25	$-1.01
Tangible Book/Share	$-0.15	$-0.18	$-0.49	$-0.81	$-0.89	$-0.96	$-0.85	$-0.93	$-0.92	$-1.02	$-1.25	$-1.25
Revenue/Share	$0.14	$0.24	$0.33	$0.33	$0.22	$0.15	$0.12	$0.12	$0.11	$0.10	$0.06	$0.13
FCF/Share	$-0.22	$-0.39	$-0.54	$-0.73	$-0.57	$-0.37	$-0.28	$-0.18	$-0.14	$-0.15	$-0.12	$-0.19
OCF/Share	$-0.15	$-0.26	$-0.37	$-0.52	$-0.41	$-0.24	$-0.15	$-0.11	$-0.08	$-0.09	$-0.09	$-0.11
Cash/Share	$0.25	$0.21	$0.21	$0.12	$0.06	$0.05	$0.05	$0.02	$0.01	$0.01	$0.01	$0.02
EBITDA/Share	$-0.03	$-0.12	$-0.15	$-2.94	$-2.89	$-2.72	$-2.74	$-0.29	$-0.23	$-0.24	$-0.37	$-0.37
Debt/Share	$1.92	$2.00	$2.54	$1.71	$1.61	$1.58	$1.79	$1.78	$1.77	$1.84	$1.90	$1.90
Net Debt/Share	$1.67	$1.79	$2.33	$1.59	$1.56	$1.54	$1.74	$1.77	$1.77	$1.83	$1.89	$1.89

Academic Models

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—
Piotroski F-Score	1	2	2	2	3	2	2	3	3	3	3	3
Beneish M-Score	—	—	—	—	-0.86	131.63	-10.92	-4.80	-0.62	-4.51	-4.83	-4.833
Ohlson O-Score	snapshot only											6.033
Net-Net WC	snapshot only											$-1.97
EVA	snapshot only											$-12840751.30

Credit

Metric	Q1'19	Q2'19	Q3'19	Q4'19	Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Current
Credit Rating	snapshot only											B-
Credit Score	30.06	42.99	35.55	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.000
Credit Grade	snapshot only											16
Credit Trend	snapshot only											0.000
Implied Spread (bps)	snapshot only											900.000
Industry Credit Rank	snapshot only											20
Sector Credit Rank	snapshot only											13

MJARF OTC

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

Sign in to InsiderStreet