$19.29

+0.25 (+1.31%)

Weekly Expected Move ±3.6%

$17 $18 $19 $19 $20

NYSE · Real Estate · REIT - Retail · Alpha Radar Neutral · Power 48 · $318.8M mcap · 15M float · 1.17% daily turnover · Short 41% of daily vol

Overview News Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Dividends Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

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.

NO EDGE

36.9 / 100

NoneWeakNarrowWide

Primary source: Cost Advantage · ROIC: 2.8% · 5Y Avg: 3.0%

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. PINE has No discernible competitive edge (36.9/100). The business operates without significant structural advantages. The primary source of advantage is Cost Advantage. 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

$20

Low

$21

Avg Target

$22

High

Based on 3 analysts since Apr 23, 2026 earnings

Analyst Recommendations

Strong Buy: 1Buy: 9Hold: 2Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$20.75

Analysts4

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2026-05-21	Truist Financial	—	$18	$20	+2	+5.0%	$19.05
2026-04-28	Industrial Alliance Securities	—	$21	$22	+1	+15.5%	$19.04
2026-04-24	Stifel Nicolaus	—	$20	$22	+1	+9.4%	$19.66
2026-03-09	UBS	Michael Goldsmith	$19	$20	+0	+0.3%	$19.45
2026-02-06	Stifel Nicolaus	—	$19	$20	+2	+10.9%	$18.48
2026-02-06	Industrial Alliance Securities	—	$18	$21	+2	+13.6%	$18.48
2026-02-03	Cantor Fitzgerald	Jay Kornreich	Initiated	$20	—	+11.7%	$17.90
2025-11-26	Stifel Nicolaus	Simon Yarmak	$18	$19	+2	+9.3%	$17.39
2025-11-17	Industrial Alliance Securities	—	$19	$18	-0	+12.6%	$16.43
2025-07-25	Stifel Nicolaus	Simon Yarmak	$20	$18	-3	+22.5%	$14.28
2025-04-25	Industrial Alliance Securities	Gaurav Mehta	$20	$19	-1	+22.7%	$15.49
2024-10-21	Stifel Nicolaus	Simon Yarmak	$18	$20	+2	+9.7%	$18.45
2024-10-21	Robert W. Baird	Wesley Golladay	Initiated	$19	—	+2.9%	$18.47
2024-10-13	UBS	Michael Goldsmith	Initiated	$19	—	+6.1%	$17.90
2024-07-30	Truist Financial	Anthony Hau	Initiated	$18	—	+3.3%	$17.42
2024-07-19	Industrial Alliance Securities	Gaurav Mehta	Initiated	$20	—	+18.1%	$16.93
2024-06-03	Stifel Nicolaus	Simon Yarmak	Initiated	$18	—	+14.6%	$15.71
2022-12-21	EF Hutton	Gaurav Mehta	Initiated	$22	—	+22.2%	$18.00
2022-10-25	JonesTrading	Jason Stewart	Initiated	$22	—	+20.3%	$18.29

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-

May 22, 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. PINE receives an overall rating of B-. Strongest factors: DCF (4/5). Areas of concern: ROE (2/5), D/E (2/5), P/E (1/5).

Rating Change History

Date	From	To
2026-04-27	C+	B-
2026-02-19	C	C+
2026-02-17	C+	C
2026-02-12	C	C+
2026-01-06	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 C

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. PINE scores highest in Earnings Quality (89/100) and lowest in Safety (15/100). A grade of C represents mixed fundamentals — strengths in some areas offset by weaknesses.

Risk & Quality Signals

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

Altman Z-Score

0.53

Distress Zone

Piotroski F-Score

5/9

✓ ✓ ✗ ✓ ✓ ✗ ✗ ✗ ✓

Beneish M-Score

17.09

Possible Manipulator

Ohlson O-Score

-5.85

Bankruptcy prob: 0.3%

Low Risk

Credit Rating

CCC

Score: 15.7/100

Trend: Deteriorating

Earnings Quality

100/100

OCF/NI: 31.35x

Accruals: -3.2%

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. PINE scores 0.53, 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. PINE 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. PINE's score of 17.09 exceeds the −1.78 red flag threshold — this does not confirm manipulation but indicates the earnings profile resembles past manipulators statistically. 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. PINE's implied 0.3% 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. PINE receives an estimated rating of CCC (score: 15.7/100), 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). PINE'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

424.13x

PEG

0.69x

P/S

4.92x

P/B

0.96x

P/FCF

-6.51x

P/OCF

13.62x

EV/EBITDA

15.00x

EV/Revenue

10.68x

EV/EBIT

36.78x

EV/FCF

-14.90x

Earnings Yield

0.23%

FCF Yield

-15.37%

Shareholder Yield

6.14%

Graham Number

$3.98

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 424.1x earnings, PINE is priced for high growth expectations. Graham's intrinsic value formula yields $3.98 per share, 385% 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

0.943

NI / EBT

Interest Burden

0.040

EBT / EBIT

EBIT Margin

0.290

EBIT / Rev

Asset Turnover

0.098

Rev / Assets

Equity Multiplier

2.479

Assets / Equity

ROE

0.3%

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. PINE's ROE of 0.3% is driven by a balanced combination of operating margin, asset efficiency, and leverage. A tax burden ratio of 0.94 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.

Adj. Growth Rate

0.00%

Fair P/E

8.50x

Intrinsic Value

$0.36

Price/Value

50.23x

Margin of Safety

-4922.63%

Premium

4922.63%

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 PINE's realized 0.0% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. PINE trades at a 4923% premium to its adjusted intrinsic value of $0.36, 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 424.1x.

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 1632 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$19.27

Median 1Y

$18.93

5th Pctile

$10.12

95th Pctile

$35.46

Ann. Volatility

40.0%

Analyst Target

$20.75

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

Workforce & Productivity

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

Employees

100

0.0% YoY

Revenue / Employee

$605,320

Rev: $60,532,000

Profit / Employee

$-26,570

NI: $-2,657,000

SGA / Employee

$67,090

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	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	Q3'25	Q4'25	Q1'26	Current
ROE	1.1%	1.4%	6.2%	6.4%	15.0%	20.5%	13.0%	14.1%	7.9%	3.2%	1.1%	-0.3%	-0.2%	1.3%	0.8%	0.5%	-0.3%	-2.0%	-1.0%	0.3%	0.27%
ROA	0.7%	0.9%	2.6%	2.7%	6.3%	8.6%	5.5%	6.0%	3.3%	1.4%	0.5%	-0.1%	-0.1%	0.6%	0.4%	0.2%	-0.1%	-0.9%	-0.4%	0.1%	0.11%
ROIC	1.6%	2.1%	3.3%	3.6%	7.4%	9.9%	8.3%	9.0%	5.9%	3.6%	2.5%	1.4%	1.5%	2.9%	2.5%	2.3%	1.9%	1.3%	1.6%	2.8%	2.77%
ROCE	1.2%	1.6%	1.1%	1.4%	4.8%	7.2%	6.5%	6.4%	3.5%	1.4%	1.2%	1.3%	1.5%	2.4%	2.2%	2.3%	2.6%	1.9%	2.2%	2.7%	2.68%
Gross Margin	87.5%	88.8%	86.4%	89.9%	88.6%	76.0%	89.3%	87.1%	86.1%	85.1%	81.4%	84.5%	85.6%	78.5%	75.9%	85.7%	85.8%	79.6%	81.8%	2.2%	2.18%
Operating Margin	15.5%	26.0%	1.2%	24.1%	1.6%	1.2%	75.2%	56.9%	21.5%	11.9%	25.7%	20.7%	24.0%	47.9%	14.3%	16.0%	16.8%	16.6%	39.0%	38.2%	38.19%
Net Margin	4.6%	11.2%	87.7%	7.5%	1.3%	84.8%	41.9%	29.9%	0.7%	-7.2%	2.9%	-2.1%	1.6%	22.8%	-6.9%	-8.3%	-11.0%	-9.0%	8.7%	11.9%	11.87%
EBITDA Margin	66.7%	71.1%	71.4%	75.5%	2.1%	1.7%	76.4%	72.8%	70.6%	69.9%	67.7%	71.0%	72.8%	95.0%	56.8%	73.6%	74.4%	62.4%	71.1%	75.7%	75.65%
FCF Margin	64.0%	-4.0%	55.2%	54.1%	-58.1%	1.4%	-2.2%	-2.2%	-2.6%	-2.2%	-1.3%	-1.2%	5.9%	34.2%	-65.5%	-59.1%	-59.1%	-89.5%	-70.8%	-71.7%	-71.67%
OCF Margin	64.0%	61.0%	55.2%	54.1%	52.6%	47.0%	50.6%	48.6%	51.3%	52.9%	56.1%	57.5%	55.6%	55.8%	48.9%	49.4%	45.5%	49.0%	42.5%	34.2%	34.24%
ROE 3Y Avg	snapshot only																				0.14%
ROE 5Y Avg	snapshot only																				3.60%
ROA 3Y Avg	snapshot only																				0.06%
ROIC 3Y Avg	snapshot only																				0.93%
ROIC Economic	snapshot only																				2.76%
Cash ROA	snapshot only																				3.10%
Cash ROIC	snapshot only																				3.31%
CROIC	snapshot only																				-6.93%
NOPAT Margin	snapshot only																				28.64%
Pretax Margin	snapshot only																				1.16%
R&D / Revenue	snapshot only																				0.00%
SGA / Revenue	snapshot only																				7.15%
SBC / Revenue	snapshot only																				0.59%

Valuation

Metric	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	Q3'25	Q4'25	Q1'26	Current
P/E Ratio	97.33	98.04	20.22	19.02	7.93	5.36	7.45	6.80	11.97	26.28	76.46	-294.94	-343.07	74.37	109.29	219.20	-314.06	-42.14	-97.87	426.92	424.127
P/S Ratio	6.25	6.96	6.69	5.61	4.85	4.12	4.90	4.81	4.74	4.29	4.89	4.28	3.98	4.99	4.32	4.66	3.89	3.73	4.30	4.66	4.924
P/B Ratio	1.13	1.43	1.03	1.00	0.98	0.90	0.85	0.84	0.83	0.75	0.89	0.80	0.76	1.00	0.89	0.99	0.87	0.85	0.93	1.08	0.960
P/FCF	9.77	-1.72	12.11	10.37	-8.35	2.95	-2.21	-2.17	-1.84	-1.97	-3.79	-3.44	67.69	14.59	-6.61	-7.88	-6.58	-4.17	-6.07	-6.51	-6.506
P/OCF	9.77	11.40	12.11	10.37	9.22	8.78	9.69	9.91	9.24	8.10	8.70	7.45	7.15	8.95	8.84	9.43	8.56	7.62	10.12	13.62	13.617
EV/EBITDA	16.35	16.24	22.07	18.35	10.22	7.55	8.02	7.99	10.79	13.93	15.29	14.28	13.54	13.40	13.83	13.92	12.50	13.59	15.24	15.00	15.002
EV/Revenue	10.96	11.11	15.46	13.15	11.51	10.26	10.76	10.63	10.54	10.09	10.74	9.97	9.53	10.33	10.22	10.36	9.36	9.10	10.73	10.68	10.681
EV/EBIT	78.98	71.73	87.24	67.59	18.88	12.16	13.10	13.26	24.19	58.83	73.09	64.09	54.93	39.12	40.91	40.76	34.36	46.19	42.63	36.78	36.780
EV/FCF	17.13	-2.75	28.00	24.32	-19.81	7.35	-4.85	-4.79	-4.10	-4.64	-8.33	-8.01	162.13	30.19	-15.61	-17.53	-15.82	-10.16	-15.16	-14.90	-14.903
Earnings Yield	1.0%	1.0%	4.9%	5.3%	12.6%	18.7%	13.4%	14.7%	8.4%	3.8%	1.3%	-0.3%	-0.3%	1.3%	0.9%	0.5%	-0.3%	-2.4%	-1.0%	0.2%	0.23%
FCF Yield	10.2%	-58.0%	8.3%	9.6%	-12.0%	33.8%	-45.2%	-46.1%	-54.3%	-50.7%	-26.4%	-29.1%	1.5%	6.9%	-15.1%	-12.7%	-15.2%	-24.0%	-16.5%	-15.4%	-15.37%
PEG Ratio	snapshot only																				0.689
Price/Tangible Book	snapshot only																				1.307
EV/OCF	snapshot only																				31.193
EV/Gross Profit	snapshot only																				17.921
Acquirers Multiple	snapshot only																				37.296
Shareholder Yield	snapshot only																				6.14%
Graham Number	snapshot only																				$3.98

Leverage & Solvency

Metric	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	Q3'25	Q4'25	Q1'26	Current
Current Ratio	1.13	1.13	2.80	2.80	2.80	2.80	3.71	3.71	3.71	3.71	10.31	10.31	10.31	10.31	14.87	14.87	14.87	14.87	0.33	0.33	0.327
Quick Ratio	1.13	1.13	2.80	2.80	2.80	2.80	3.71	3.71	3.71	3.71	10.44	10.44	10.44	10.44	14.87	14.87	14.87	14.87	0.33	0.33	0.327
Debt/Equity	0.87	0.87	1.39	1.39	1.39	1.39	1.05	1.05	1.05	1.05	1.12	1.12	1.12	1.12	1.22	1.22	1.22	1.22	1.41	1.41	1.408
Net Debt/Equity	0.85	0.85	1.35	1.35	1.35	1.35	1.01	1.01	1.01	1.01	1.07	1.07	1.07	1.07	1.22	1.22	1.22	1.22	1.39	1.39	1.392
Debt/Assets	0.42	0.42	0.54	0.54	0.54	0.54	0.48	0.48	0.48	0.48	0.50	0.50	0.50	0.50	0.51	0.51	0.51	0.51	0.55	0.55	0.551
Debt/EBITDA	7.15	6.18	12.94	10.88	6.11	4.67	4.52	4.52	6.14	8.28	8.80	8.60	8.33	7.31	8.02	7.70	7.34	8.05	9.25	8.55	8.552
Net Debt/EBITDA	7.02	6.07	12.52	10.52	5.91	4.52	4.37	4.37	5.94	8.01	8.33	8.15	7.89	6.92	7.98	7.66	7.30	8.01	9.14	8.45	8.453
Interest Coverage	1.97	1.75	1.44	1.41	3.94	4.77	3.95	3.53	1.87	0.74	0.71	0.73	0.79	1.17	1.14	1.17	1.18	0.82	0.96	1.12	1.118
Equity Multiplier	2.07	2.07	2.57	2.57	2.57	2.57	2.19	2.19	2.19	2.19	2.25	2.25	2.25	2.25	2.39	2.39	2.39	2.39	2.56	2.56	2.558
Cash Ratio	snapshot only																				0.327
Debt Service Coverage	snapshot only																				2.740
Cash to Debt	snapshot only																				0.012
FCF to Debt	snapshot only																				-0.118
Defensive Interval	snapshot only																				137.9 days

Efficiency & Turnover

Metric	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	Q3'25	Q4'25	Q1'26	Current
Asset Turnover	0.11	0.12	0.08	0.09	0.10	0.11	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.09	0.09	0.09	0.10	0.10	0.09	0.10	0.098
Inventory Turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables Turnover	162.35	184.05	37.06	43.10	48.86	52.98	35.94	36.22	36.28	36.31	26.93	27.70	28.38	29.51	27.97	28.90	30.17	30.75	26.92	28.78	28.783
Payables Turnover	5.79	6.57	11.08	12.41	13.80	19.39	55.53	58.50	61.03	51.94	292.77	313.79	323.36	373.19	284.11	287.14	295.86	298.14	415.51	1067.35	1067.347
DSO	2	2	10	8	7	7	10	10	10	10	14	13	13	12	13	13	12	12	14	13	12.7 days
DIO	0	0	0	0	0	0	0	0	0	0	-24	-22	-22	-19	-16	-16	-16	-16	0	0	0.0 days
DPO	63	56	33	29	26	19	7	6	6	7	1	1	1	1	1	1	1	1	1	0	0.3 days
Cash Conversion Cycle	-61	-54	-23	-21	-19	-12	4	4	4	3	-12	-10	-10	-7	-5	-5	-5	-5	13	12	12.3 days
Cash Velocity	snapshot only																				14.106
Capital Intensity	snapshot only																				11.059

Growth (YoY)

Metric	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	Q3'25	Q4'25	Q1'26	Current
Revenue	82.8%	47.4%	56.5%	67.1%	72.9%	65.4%	50.0%	30.0%	14.8%	6.0%	1.0%	3.1%	5.4%	9.6%	14.4%	14.9%	17.1%	14.8%	15.9%	19.9%	19.95%
Net Income	60.6%	26.1%	9.1%	6.3%	15.5%	16.9%	2.0%	2.1%	-25.7%	-77.6%	-90.2%	-1.0%	-1.0%	-54.9%	-29.2%	2.7%	-25.1%	-2.5%	-2.3%	-38.4%	-38.36%
EPS	39.7%	-15.8%	5.7%	3.8%	11.3%	16.2%	1.7%	1.7%	-36.2%	-78.1%	-90.8%	-1.0%	-1.0%	-58.0%	-25.8%	2.6%	-10.5%	-2.5%	-2.2%	-41.7%	-41.73%
FCF	2.0%	-13.2%	77.2%	82.5%	-2.6%	1.6%	-7.0%	-6.3%	-4.1%	-2.7%	41.3%	42.1%	1.0%	1.2%	41.9%	45.5%	-12.8%	-4.0%	-25.4%	-45.4%	-45.41%
EBITDA	1.1%	64.3%	75.2%	80.6%	1.9%	2.3%	1.9%	1.4%	-0.4%	-43.5%	-47.1%	-45.9%	-24.0%	16.7%	20.4%	22.6%	24.5%	-0.4%	10.5%	14.7%	14.71%
Op. Income	1.4%	88.5%	4.8%	3.9%	8.0%	8.3%	1.9%	1.8%	-8.6%	-58.7%	-69.8%	-80.1%	-68.2%	-20.4%	6.6%	46.1%	32.8%	-39.0%	-1.7%	35.3%	35.31%
OCF Growth	snapshot only																				-16.90%
Asset Growth	snapshot only																				18.33%
Equity Growth	snapshot only																				10.61%
Debt Growth	snapshot only																				27.37%
Shares Change	snapshot only																				5.78%
Dividend Growth	snapshot only																				-13.90%

Growth (CAGR)

Metric	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	Q3'25	Q4'25	Q1'26	Current
Revenue 3Y	—	—	—	—	—	—	1.3%	78.7%	53.7%	37.2%	33.4%	30.8%	27.9%	24.3%	20.1%	15.5%	12.4%	10.1%	10.2%	12.4%	12.43%
Revenue 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	68.9%	46.6%	35.0%	26.6%	25.8%	25.3%	25.29%
EPS 3Y	—	—	—	—	—	—	1.9%	2.0%	1.2%	46.8%	19.3%	—	—	16.4%	-42.8%	-54.6%	—	—	—	-72.6%	-72.62%
EPS 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	11.2%	-0.6%	—	—	—	-23.5%	-23.48%
Net Income 3Y	—	—	—	—	—	—	2.5%	2.6%	1.7%	71.9%	43.6%	—	—	22.0%	-40.8%	-51.9%	—	—	—	-72.0%	-72.01%
Net Income 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	25.4%	11.1%	—	—	—	-12.9%	-12.92%
EBITDA 3Y	—	—	—	—	—	—	2.0%	1.4%	81.5%	45.0%	38.5%	33.1%	30.0%	29.4%	22.3%	16.9%	-2.0%	-13.1%	-11.1%	-8.7%	-8.71%
EBITDA 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	76.5%	54.7%	41.4%	28.8%	28.7%	27.1%	27.07%
Gross Profit 3Y	—	—	—	—	—	—	1.4%	81.6%	54.2%	38.1%	31.8%	28.6%	25.8%	21.4%	16.9%	12.4%	9.4%	8.6%	9.1%	-0.2%	-0.20%
Gross Profit 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	70.8%	46.6%	34.3%	25.5%	24.4%	15.7%	15.71%
Op. Income 3Y	—	—	—	—	—	—	3.0%	2.7%	1.7%	93.4%	71.4%	40.1%	37.6%	45.1%	-2.6%	-6.4%	-27.2%	-41.5%	-31.8%	-26.8%	-26.78%
Op. Income 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	82.0%	70.0%	52.7%	28.5%	39.5%	40.3%	40.29%
FCF 3Y	—	—	—	—	—	—	—	—	—	—	—	—	-42.3%	—	—	—	—	—	—	—	—
FCF 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
OCF 3Y	—	—	—	—	—	—	1.6%	75.4%	69.2%	40.9%	39.8%	37.5%	22.1%	20.7%	15.3%	12.1%	7.0%	11.6%	4.0%	0.1%	0.07%
OCF 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	81.8%	45.5%	39.6%	26.7%	22.3%	16.4%	16.37%
Assets 3Y	—	—	—	—	—	—	51.7%	51.7%	51.7%	51.7%	29.1%	29.1%	29.1%	29.1%	6.2%	6.2%	6.2%	6.2%	7.7%	7.7%	7.68%
Assets 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	29.8%	29.8%	29.8%	29.8%	22.2%	22.2%	22.24%
Equity 3Y	—	—	—	—	—	—	23.9%	23.9%	23.9%	23.9%	25.5%	25.5%	25.5%	25.5%	8.8%	8.8%	8.8%	8.8%	2.3%	2.3%	2.27%
Book Value 3Y	—	—	—	—	—	—	1.9%	3.4%	1.9%	5.8%	4.3%	5.4%	13.5%	19.8%	5.2%	2.8%	4.2%	4.4%	-0.8%	0.1%	0.06%
Dividend 3Y	—	—	—	—	—	—	-10.6%	-12.5%	-16.5%	-7.8%	-13.8%	-13.6%	-5.9%	-9.8%	-2.4%	-2.9%	-1.4%	2.4%	0.6%	-6.9%	-6.92%

Growth Quality

Metric	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	Q3'25	Q4'25	Q1'26	Current
Revenue Stability	—	—	0.99	1.00	0.98	0.96	1.00	1.00	0.97	0.94	0.91	0.90	0.86	0.84	0.93	0.93	0.93	0.93	0.93	0.96	0.957
Earnings Stability	—	—	0.78	0.81	0.77	0.76	0.83	0.83	0.66	0.18	0.18	0.10	0.04	0.01	0.02	0.01	0.01	0.05	0.10	0.07	0.072
Margin Stability	—	—	0.92	0.95	0.97	0.98	0.94	0.96	0.97	0.98	0.98	0.97	0.97	0.97	0.95	0.97	0.97	0.97	0.97	0.85	0.855
Rev. Growth Consistency	0.50	0.50	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	1.00	1.00	1.00	1.00	1.00	1.000
Earn. Growth Consistency	0.50	0.50	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	0.00	0.00	0.00	0.00	0.000
FCF Positive Streak	1	0	1	1	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	0.90	0.50	0.50	0.20	0.20	0.50	0.88	0.20	0.50	0.20	0.20	0.50	0.500
Earnings Smoothness	0.53	0.77	0.00	0.00	0.00	0.00	0.00	0.00	0.70	0.00	0.00	—	—	0.24	0.66	—	—	—	—	0.53	0.525
ROE Trend	—	—	0.04	0.04	0.11	0.16	0.08	0.09	0.00	-0.06	-0.07	-0.09	-0.10	-0.09	-0.05	-0.06	-0.04	-0.04	-0.02	0.00	0.002
Gross Margin Trend	—	—	0.06	0.03	0.02	-0.02	-0.02	-0.03	-0.04	0.00	-0.02	-0.02	-0.02	-0.04	-0.04	-0.03	-0.03	-0.03	0.00	-0.23	-0.232
FCF Margin Trend	—	—	0.14	0.04	-1.09	3.17	-2.74	-2.74	-2.60	-0.85	-0.46	-0.41	1.64	0.73	1.10	1.14	0.67	0.02	0.26	0.20	0.202
Sustainable Growth Rate	-5.7%	-5.8%	-0.4%	-1.1%	6.9%	12.4%	7.0%	8.0%	1.9%	-4.0%	-4.8%	—	—	-4.2%	-5.4%	-6.1%	—	—	—	-5.1%	-5.07%
Internal Growth Rate	—	—	—	—	3.0%	5.5%	3.1%	3.5%	0.8%	—	—	—	—	—	—	—	—	—	—	—	—

Cash Flow Quality

Metric	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	Q3'25	Q4'25	Q1'26	Current
OCF/Net Income	9.96	8.60	1.67	1.83	0.86	0.61	0.77	0.69	1.30	3.24	8.79	-39.61	-47.96	8.31	12.36	23.25	-36.70	-5.53	-9.68	31.35	31.352
FCF/OCF	1.00	-6.61	1.00	1.00	-1.10	2.97	-4.38	-4.57	-5.02	-4.11	-2.30	-2.17	0.11	0.61	-1.34	-1.20	-1.30	-1.83	-1.67	-2.09	-2.093
FCF/Net Income	snapshot only																				-65.621
OCF/EBITDA	snapshot only																				0.481
CapEx/Revenue	0.0%	4.6%	0.0%	0.0%	1.1%	92.6%	2.7%	2.7%	3.1%	2.7%	1.9%	1.8%	49.8%	21.6%	1.1%	1.1%	1.0%	1.4%	1.1%	1.1%	1.06%
CapEx/Depreciation	snapshot only																				2.512
Accruals Ratio	-0.06	-0.07	-0.02	-0.02	0.01	0.03	0.01	0.02	-0.01	-0.03	-0.04	-0.05	-0.05	-0.04	-0.04	-0.04	-0.05	-0.06	-0.04	-0.03	-0.032
Sloan Accruals	snapshot only																				-0.200
Cash Flow Adequacy	snapshot only																				0.268
Earnings Quality Score	snapshot only																				1.000

Dividends & Buybacks

Metric	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	Q3'25	Q4'25	Q1'26	Current
Dividend Yield	6.2%	5.2%	5.3%	6.2%	6.8%	7.4%	6.2%	6.4%	6.3%	8.5%	6.9%	7.6%	8.1%	5.6%	7.0%	6.6%	7.7%	7.9%	6.8%	4.7%	5.99%
Dividend/Share	$0.89	$0.73	$0.82	$0.91	$0.97	$0.97	$0.97	$0.89	$0.87	$1.19	$1.01	$1.02	$1.13	$0.94	$1.09	$1.04	$1.09	$1.11	$1.13	$0.85	$1.16
Payout Ratio	6.1%	5.1%	1.1%	1.2%	53.9%	39.7%	46.2%	43.3%	75.9%	2.2%	5.3%	—	—	4.2%	7.6%	14.4%	—	—	—	20.1%	20.11%
FCF Payout Ratio	61.0%	—	64.1%	63.9%	—	21.9%	—	—	—	—	—	—	5.5%	81.9%	—	—	—	—	—	—	—
Total Payout Ratio	6.1%	5.1%	1.1%	1.2%	53.9%	39.7%	46.2%	43.3%	77.9%	2.9%	10.3%	—	—	7.3%	8.0%	18.3%	—	—	—	26.2%	26.22%
Div. Increase Streak	1	1	1	1	1	1	1	1	1	1	1	1	1	0	1	1	1	0	1	0	0
Chowder Number	1.55	0.84	0.64	0.71	0.53	0.46	0.35	0.22	0.11	0.34	0.19	0.16	0.21	-0.10	0.10	0.15	0.17	0.29	0.18	-0.09	-0.092
Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.2%	2.6%	6.6%	7.7%	7.9%	4.1%	0.4%	1.8%	4.0%	4.1%	3.4%	1.4%	1.43%
Net Buyback Yield	-45.2%	-35.9%	-33.6%	-33.7%	-5.4%	-6.3%	-16.1%	-19.1%	-18.5%	-17.6%	1.1%	7.5%	7.8%	-0.2%	-7.9%	-5.6%	-4.5%	0.5%	-19.8%	-30.5%	-30.54%
Total Shareholder Return	-39.0%	-30.6%	-28.3%	-27.5%	1.4%	1.1%	-9.9%	-12.8%	-12.2%	-9.1%	8.0%	15.1%	15.8%	5.4%	-0.9%	1.0%	3.2%	8.5%	-13.1%	-25.8%	-25.83%

DuPont Factors

Metric	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	Q3'25	Q4'25	Q1'26	Current
Tax Burden (NI/EBT)	0.85	0.86	0.87	0.87	0.87	0.87	0.88	0.88	0.88	0.88	0.89	0.90	0.89	0.92	0.92	0.84	1.08	0.94	0.95	0.94	0.943
Interest Burden (EBT/EBIT)	0.55	0.54	2.15	1.74	1.15	1.05	0.91	1.01	1.03	1.08	0.49	-0.10	-0.08	0.28	0.17	0.10	-0.04	-0.48	-0.18	0.04	0.040
EBIT Margin	0.14	0.15	0.18	0.19	0.61	0.84	0.82	0.80	0.44	0.17	0.15	0.16	0.17	0.26	0.25	0.25	0.27	0.20	0.25	0.29	0.290
Asset Turnover	0.11	0.12	0.08	0.09	0.10	0.11	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.09	0.09	0.09	0.10	0.10	0.09	0.10	0.098
Equity Multiplier	1.61	1.61	2.37	2.37	2.37	2.37	2.36	2.36	2.36	2.36	2.22	2.22	2.22	2.22	2.32	2.32	2.32	2.32	2.48	2.48	2.479

Per Share

Metric	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	Q3'25	Q4'25	Q1'26	Current
EPS (Diluted TTM)	$0.15	$0.14	$0.76	$0.77	$1.79	$2.44	$2.09	$2.05	$1.15	$0.53	$0.19	$-0.05	$-0.04	$0.22	$0.14	$0.07	$-0.05	$-0.33	$-0.17	$0.04	$0.04
Book Value/Share	$12.57	$9.75	$15.06	$14.70	$14.51	$14.46	$18.42	$16.66	$16.60	$18.76	$16.57	$16.89	$18.40	$16.75	$17.53	$15.96	$16.40	$16.45	$18.00	$16.69	$21.46
Tangible Book/Share	$8.91	$6.92	$10.55	$10.30	$10.16	$10.13	$14.16	$12.81	$12.76	$14.43	$13.31	$13.57	$14.79	$13.46	$14.48	$13.19	$13.55	$13.59	$14.85	$13.77	$13.77
Revenue/Share	$2.28	$2.00	$2.31	$2.62	$2.93	$3.17	$3.18	$2.90	$2.89	$3.27	$3.02	$3.16	$3.53	$3.34	$3.62	$3.40	$3.65	$3.73	$3.89	$3.86	$4.16
FCF/Share	$1.46	$-8.08	$1.27	$1.42	$-1.70	$4.42	$-7.05	$-6.43	$-7.45	$-7.12	$-3.89	$-3.94	$0.21	$1.14	$-2.37	$-2.01	$-2.16	$-3.34	$-2.76	$-2.77	$-2.98
OCF/Share	$1.46	$1.22	$1.27	$1.42	$1.54	$1.49	$1.61	$1.41	$1.48	$1.73	$1.69	$1.82	$1.96	$1.86	$1.77	$1.68	$1.66	$1.83	$1.65	$1.32	$1.43
Cash/Share	$0.19	$0.15	$0.68	$0.66	$0.65	$0.65	$0.63	$0.57	$0.57	$0.65	$0.99	$1.01	$1.10	$1.00	$0.11	$0.10	$0.10	$0.10	$0.30	$0.27	$0.17
EBITDA/Share	$1.53	$1.37	$1.62	$1.88	$3.30	$4.30	$4.27	$3.86	$2.83	$2.37	$2.12	$2.21	$2.48	$2.58	$2.67	$2.53	$2.73	$2.50	$2.74	$2.75	$2.75
Debt/Share	$10.92	$8.47	$20.93	$20.44	$20.17	$20.10	$19.28	$17.44	$17.37	$19.63	$18.64	$19.00	$20.70	$18.84	$21.44	$19.52	$20.06	$20.12	$25.34	$23.51	$23.51
Net Debt/Share	$10.73	$8.33	$20.26	$19.78	$19.51	$19.45	$18.64	$16.86	$16.80	$18.99	$17.65	$17.99	$19.60	$17.84	$21.33	$19.42	$19.96	$20.02	$25.05	$23.23	$23.23

Academic Models

Metric	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	Q3'25	Q4'25	Q1'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.529
Altman Z-Prime	snapshot only																				0.694
Piotroski F-Score	6	5	7	8	7	6	7	6	6	6	5	5	5	5	7	8	6	6	5	5	5
Beneish M-Score	-2.13	-2.00	-0.08	-0.17	0.02	0.55	-2.44	-2.46	-2.61	-3.14	-1.85	-1.98	-1.98	-1.86	28.60	29.70	28.35	31.45	-2.98	17.09	17.093
Ohlson O-Score	snapshot only																				-5.852
Net-Net WC	snapshot only																				$-24.45
EVA	snapshot only																				$-48407300.00

Credit

Metric	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	Q3'25	Q4'25	Q1'26	Current
Credit Rating	snapshot only																				CCC
Credit Score	32.81	30.39	31.82	32.73	45.11	55.15	49.86	51.52	37.41	28.98	28.55	29.00	29.71	38.22	31.30	34.74	32.75	27.91	13.25	15.71	15.709
Credit Grade	snapshot only																				17
Credit Trend	snapshot only																				-19.032
Implied Spread (bps)	snapshot only																				1200.000
Industry Credit Rank	snapshot only																				3
Sector Credit Rank	snapshot only																				9

PINE NYSE

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

Workforce & Productivity

Scaling Efficiency

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