— Know what they know.
Not Investment Advice

PLSE NASDAQ

Pulse Biosciences, Inc.
1W: -5.7% 1M: +4.6% 3M: +19.3% YTD: +90.9% 1Y: +49.7% 3Y: +222.7% 5Y: +46.5%
$25.89
+0.33 (+1.29%)
 
Weekly Expected Move ±15.9%
$17 $21 $25 $28 $32
NASDAQ · Healthcare · Medical - Instruments & Supplies · Alpha Radar Strong Buy · Power 66 · $1.8B mcap · 13M float · 2.42% daily turnover · Short 49% 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.

NO EDGE
32.9 / 100
NoneWeakNarrowWide
Primary source: Network Effects  ·  ROIC: -827.5%
Cost Advantage
26
Intangibles
44
Switching Cost
17
Network Effect
48
Scale
35
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. PLSE has No discernible competitive edge (32.9/100). The business operates without significant structural advantages. The primary source of advantage is Network Effects. Negative ROIC of -827.5% indicates the company is currently destroying value, though this may reflect a growth investment phase.

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
$0
Low
$28
Avg Target
$28
High
Based on 3 analyst ratings (12 mo)
Analyst Recommendations
Strong Buy: 0Buy: 2Hold: 2Sell: 0Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$28.33
Analysts3
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-02-20 Oppenheimer Suraj Kalia Initiated $30 +36.2% $22.03
2026-02-06 Mizuho Securities $25 $30 +5 +119.1% $13.69
2026-01-30 Mizuho Securities Initiated $25 +83.6% $13.62

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.

C
May 22, 2026
DCF
3
ROE
1
ROA
1
D/E
3
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. PLSE receives an overall rating of C. Areas of concern: ROE (1/5), ROA (1/5), P/E (1/5), P/B (1/5).
Rating Change History
DateFromTo
2026-05-18 C- C
2026-05-14 C C-
2026-05-14 C- C
2026-04-01 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.

36 Grade D
Profitability
2
Balance Sheet
83
Earnings Quality
24
Growth
Value
27
Momentum
Safety
100
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. PLSE scores highest in Safety (100/100) and lowest in Profitability (2/100). 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
48.45
Safe Zone
Piotroski F-Score
2/9
Beneish M-Score
Ohlson O-Score
-0.23
Bankruptcy prob: 44.2%
Moderate
Credit Rating
A
Score: 71.7/100
Trend: Stable
Earnings Quality
OCF/NI: 0.74x
Accruals: -16.9%
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. PLSE scores 48.45, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. 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. PLSE scores 2/9, suggesting weak financial fundamentals — the company fails the majority of these accounting tests. 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. PLSE's implied 44.2% bankruptcy probability is elevated and warrants attention to the balance sheet. 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. PLSE receives an estimated rating of A (score: 71.7/100), 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
-23.54x
PEG
2.22x
P/S
2385.94x
P/B
26.47x
P/FCF
-26.37x
P/OCF
EV/EBITDA
-18.84x
EV/Revenue
1851.34x
EV/EBIT
-18.65x
EV/FCF
-25.05x
Earnings Yield
-5.09%
FCF Yield
-3.79%
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. PLSE 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
1.000
EBT / EBIT
×
EBIT Margin
-99.290
EBIT / Rev
×
Asset Turnover
0.007
Rev / Assets
×
Equity Multiplier
1.169
Assets / Equity
=
ROE
-76.3%
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. PLSE's ROE of -76.3% is driven by Asset Turnover (0.007), 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.

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

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
$25.89
Median 1Y
$17.84
5th Pctile
$3.67
95th Pctile
$87.22
Ann. Volatility
92.7%
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

ExecutiveSalaryStockTotal
Paul A. LaViolette
Chief Executive Officer and Co-Chairman
$708,523 $— $7,427,899
Jon Skinner Financial
ancial Officer
$366,667 $— $2,843,000
Darrin R. Uecker
Chief Technology Officer and Director
$540,312 $— $869,889
Kevin P. Danahy
Former Chief Commercial Officer
$525,000 $— $854,577

CEO Pay Ratio

27:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $7,427,899
Avg Employee Cost (SGA/emp): $276,112
Employees: 116

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
116
+54.7% YoY
Revenue / Employee
$3,017
Rev: $350,000
Profit / Employee
$-627,422
NI: $-72,781,000
SGA / Employee
$276,112
Avg labor cost proxy
R&D / Employee
$385,526
Innovation spend

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 Trend 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 -2.3% -2.3% -2.2% -2.1% -2.1% -2.2% -3.5% -3.1% -2.8% -2.4% -2.0% -2.0% -2.1% -2.2% -67.3% -75.7% -85.5% -93.9% -74.4% -76.3% -76.28%
ROA -1.5% -1.5% -1.3% -1.3% -1.3% -1.4% -88.6% -77.2% -71.1% -59.8% -61.6% -62.1% -64.2% -67.3% -55.9% -62.9% -71.0% -78.0% -63.7% -65.2% -65.25%
ROIC -3.4% -3.5% -2.7% -2.7% -2.6% -2.8% -3.6% -3.2% -2.9% -2.5% -3.8% -3.9% -4.0% -4.2% -7.8% -8.8% -10.0% -10.9% -8.2% -8.3% -8.27%
ROCE -1.8% -1.8% -1.4% -1.4% -1.3% -1.4% -80.8% -70.0% -64.8% -55.3% -83.1% -85.1% -87.9% -92.5% -46.0% -52.0% -58.1% -62.8% -83.9% -84.6% -84.55%
Gross Margin -26.7% -47.0% -1.0% -4.1% 144.4% -2.2% -96.6% 7.7% 7.73%
Operating Margin -24.9% -18.3% -38.9% -52.9% 971.7% -236.8% -69.1% -47.8% -47.76%
Net Margin -24.9% -18.3% -38.9% -52.8% 1021.9% -225.4% -66.0% -46.3% -46.34%
EBITDA Margin -24.4% -17.9% -38.2% -51.5% 934.3% -222.4% -65.1% -46.3% -46.34%
FCF Margin -89.3% -38.5% -31.5% -25.9% -33.6% -67.7% -149.0% 3836.3% 3815.9% -567.1% -155.5% -73.9% -73.90%
OCF Margin -88.3% -38.2% -31.2% -25.6% -33.3% -67.2% -148.4% 3818.8% 3802.7% -564.1% -154.6% -73.5% -73.50%
ROE 3Y Avg snapshot only -80.27%
ROA 3Y Avg snapshot only -65.00%
ROIC Economic snapshot only -69.93%
Cash ROA snapshot only -57.43%
Cash ROIC snapshot only -7.41%
CROIC snapshot only -7.45%
NOPAT Margin snapshot only -82.10%
Pretax Margin snapshot only -99.29%
R&D / Revenue snapshot only 62.58%
SGA / Revenue snapshot only 40.79%
SBC / Revenue snapshot only 23.55%
Valuation
Metric Trend 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 -7.16 -10.32 -6.89 -2.32 -0.79 -1.32 -1.76 -2.46 -6.82 -5.61 -15.97 -11.29 -14.54 -23.22 -18.97 -17.93 -14.92 -15.96 -12.71 -19.63 -23.537
P/S Ratio 1114.32 309.54 77.64 22.65 55.03 147.32 490.74 -35560.14 -24593.30 13868.77 2643.82 1948.82 2385.938
P/B Ratio 18.97 27.94 12.30 4.05 1.35 2.39 -45.87 -55.89 -142.37 -98.46 15.19 10.83 14.42 24.15 8.85 9.40 8.84 10.38 11.47 18.15 26.472
P/FCF -9.37 -12.48 -8.05 -2.46 -0.88 -1.64 -2.17 -3.29 -9.27 -6.44 -20.33 -13.23 -18.00 -31.42 -27.88 -26.83 -22.69 -24.45 -17.00 -26.37 -26.371
P/OCF
EV/EBITDA -7.22 -10.47 -6.81 -2.10 -0.52 -1.07 -2.08 -2.87 -7.40 -6.13 -15.08 -10.26 -13.46 -21.88 -16.48 -15.53 -12.94 -14.30 -11.68 -18.84 -18.843
EV/Revenue 1098.43 297.29 68.31 14.49 43.85 168.49 548.63 -37206.59 -26239.74 12599.70 2434.67 1851.34 1851.341
EV/EBIT -7.09 -10.28 -6.69 -2.06 -0.51 -1.05 -2.03 -2.79 -7.19 -5.94 -14.66 -9.98 -13.11 -21.35 -16.13 -15.25 -12.74 -14.10 -11.51 -18.65 -18.646
EV/FCF -9.17 -12.30 -7.73 -2.17 -0.56 -1.30 -2.49 -3.68 -9.70 -6.88 -19.26 -12.26 -17.01 -30.39 -24.89 -24.12 -20.25 -22.22 -15.65 -25.05 -25.052
Earnings Yield -14.0% -9.7% -14.5% -43.1% -1.3% -75.7% -56.7% -40.6% -14.7% -17.8% -6.3% -8.9% -6.9% -4.3% -5.3% -5.6% -6.7% -6.3% -7.9% -5.1% -5.09%
FCF Yield -10.7% -8.0% -12.4% -40.6% -1.1% -61.1% -46.0% -30.4% -10.8% -15.5% -4.9% -7.6% -5.6% -3.2% -3.6% -3.7% -4.4% -4.1% -5.9% -3.8% -3.79%
PEG Ratio snapshot only 2.218
Price/Tangible Book snapshot only 18.936
Shareholder Yield snapshot only 0.00%
Leverage & Solvency
Metric Trend 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 2.95 2.95 4.30 4.30 4.30 4.30 10.39 10.39 10.39 10.39 6.76 6.76 6.76 6.76 11.88 11.88 11.88 11.88 10.53 10.53 10.529
Quick Ratio 2.95 2.95 3.62 3.62 3.62 3.62 10.39 10.39 10.39 10.39 6.76 6.76 6.76 6.76 11.88 11.88 11.88 11.88 10.51 10.51 10.512
Debt/Equity 0.50 0.50 0.32 0.32 0.32 0.32 -33.79 -33.79 -33.79 -33.79 0.21 0.21 0.21 0.21 0.08 0.08 0.08 0.08 0.09 0.09 0.093
Net Debt/Equity -0.40 -0.40 -0.49 -0.49 -0.49 -0.49 -0.79 -0.79 -0.79 -0.79 -0.95 -0.95 -0.95 -0.95 -0.91 -0.91 -0.908
Debt/Assets 0.28 0.28 0.21 0.21 0.21 0.21 0.98 0.98 0.98 0.98 0.15 0.15 0.15 0.15 0.07 0.07 0.07 0.07 0.08 0.08 0.078
Debt/EBITDA -0.19 -0.19 -0.18 -0.19 -0.19 -0.18 -1.34 -1.55 -1.68 -1.97 -0.22 -0.21 -0.20 -0.19 -0.16 -0.14 -0.13 -0.12 -0.10 -0.10 -0.102
Net Debt/EBITDA 0.15 0.15 0.28 0.29 0.29 0.27 -0.26 -0.30 -0.33 -0.38 0.83 0.81 0.78 0.74 1.98 1.75 1.56 1.44 1.00 0.99 0.992
Interest Coverage -95.07 -95.88 -97.54 -116.09 -4064.67 -3236.10 -124.59 -39.77 -36.78 -31.78 -54.47
Equity Multiplier 1.80 1.80 1.52 1.52 1.52 1.52 -34.64 -34.64 -34.64 -34.64 1.33 1.33 1.33 1.33 1.15 1.15 1.15 1.15 1.19 1.19 1.192
Cash Ratio snapshot only 10.190
Cash to Debt snapshot only 10.722
FCF to Debt snapshot only -7.370
Defensive Interval snapshot only 382.2 days
Efficiency & Turnover
Metric Trend 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 0.00 0.01 0.03 0.04 0.04 0.03 0.01 0.00 -0.00 -0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.007
Inventory Turnover 0.68 0.99 1.45 4.08 4.10 3.79 3.33 0.44 15.66 21.10 21.103
Receivables Turnover 46.49 61.05 69.74 50.92 22.95 8.39 -0.30 -0.30 2.55 5.48 5.482
Payables Turnover 0.00 0.40 0.85 1.25 1.83 5.15 5.34 4.93 4.33 0.58 0.00 0.18 0.18 0.18 0.17 0.00 0.15 0.31 0.48 0.64 0.645
DSO 0 8 6 5 7 16 43 -1237 -1237 0 143 67 66.6 days
DIO 0 540 369 252 89 89 96 110 823 0 0 0 0 0 0 23 17 17.3 days
DPO 924 429 293 200 71 68 74 84 633 2081 2081 2081 2142 2398 1173 763 566 565.9 days
Cash Conversion Cycle -924 119 82 57 26 36 66 -1173 -596 -482 -482.1 days
Fixed Asset Turnover snapshot only 0.106
Operating Cycle snapshot only 83.9 days
Cash Velocity snapshot only 0.009
Capital Intensity snapshot only 127.981
Growth (YoY)
Metric Trend 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 1.7% -50.6% -86.3% -1.0% -1.0% -1.0% -1.0% 1.0% 1.0%
Net Income -24.4% -24.3% -27.7% -10.0% -0.6% -4.4% 8.1% 18.1% 23.0% 39.0% 27.9% 16.6% 6.2% -16.9% -26.9% -41.6% -54.5% -62.0% -35.8% -23.8% -23.78%
EPS -1.1% -5.8% -9.3% 3.6% 15.4% 16.8% 26.8% 34.8% 45.5% 58.7% 51.2% 43.5% 27.0% -5.1% -19.7% -16.4% -31.4% -46.8% -17.7% -22.6% -22.57%
FCF -31.2% -44.6% -52.3% -55.4% -18.8% -1.9% 13.1% 35.0% 37.3% 34.3% 30.1% 4.8% -2.9% 0.7% -10.0% -10.8% -25.9% -43.1% -49.3% -37.9% -37.89%
EBITDA -22.4% -22.8% -26.6% -9.3% -1.4% -5.3% 8.4% 19.1% 24.2% 39.2% 25.3% 11.4% 0.8% -22.8% -30.0% -44.0% -55.8% -60.1% -32.5% -18.0% -18.01%
Op. Income -21.9% -22.4% -26.1% -9.2% -1.6% -5.5% 7.9% 18.5% 23.6% 38.5% 24.9% 11.4% 0.9% -22.0% -29.1% -42.7% -56.6% -62.7% -36.8% -22.5% -22.55%
OCF Growth snapshot only -37.70%
Asset Growth snapshot only -27.44%
Equity Growth snapshot only -29.78%
Debt Growth snapshot only -15.37%
Shares Change snapshot only 0.99%
Growth (CAGR)
Metric Trend 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 -61.9% -20.6% 43.2% 43.15%
Revenue 5Y
EPS 3Y
EPS 5Y
Net Income 3Y
Net Income 5Y
EBITDA 3Y
EBITDA 5Y
Gross Profit 3Y
Gross Profit 5Y
Op. Income 3Y
Op. Income 5Y
FCF 3Y
FCF 5Y
OCF 3Y
OCF 5Y
Assets 3Y -6.1% -6.1% -8.4% -8.4% -8.4% -8.4% 22.9% 22.9% 22.9% 22.9% 12.7% 12.7% 12.7% 12.7% 34.7% 34.7% 34.7% 34.7% 7.3% 7.3% 7.27%
Assets 5Y 23.6% 23.6% 15.6% 15.6% 15.6% 15.6% 9.3% 9.3% 9.3% 9.3% -3.5% -3.5% -3.5% -3.5% 25.9% 25.9% 25.9% 25.9% 18.4% 18.4% 18.41%
Equity 3Y -20.7% -20.7% -18.7% -18.7% -18.7% -18.7% 24.7% 24.7% 24.7% 24.7% 47.6% 47.6% 47.6% 47.6%
Book Value 3Y -31.8% -34.2% -31.6% -27.9% -29.3% -33.0% -3.7% -2.9% -3.6% -2.1% 17.8% 12.6% 14.6% 21.1%
Dividend 3Y
Growth Quality
Metric Trend 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 1.00 0.41 0.41 0.41 0.41 0.62 0.44 0.20 0.12 0.14 0.05 0.01 0.00 0.00 0.04 0.05 0.05 0.04 0.01 0.33 0.332
Earnings Stability 0.98 0.97 0.96 0.96 0.94 0.96 0.89 0.69 0.46 0.17 0.15 0.04 0.00 0.00 0.00 0.00 0.03 0.04 0.11 0.14 0.137
Margin Stability
Rev. Growth Consistency 0.00 0.50 0.50 0.50 0.50 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.00 0.00 0.00 1.00 0.50 0.50 0.500
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000
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 0.90 0.90 0.89 0.96 1.00 0.98 0.97 0.93 0.91 0.84 0.89 0.93 0.98 0.93 0.89 0.83 0.50 0.50 0.86 0.90 0.905
Earnings Smoothness
ROE Trend -1.54 -1.58 0.07 0.28 0.41 0.35 -0.19 -0.18 -0.183
Gross Margin Trend
FCF Margin Trend
Sustainable Growth Rate
Internal Growth Rate
Cash Flow Quality
Metric Trend 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 0.76 0.82 0.85 0.93 0.89 0.80 0.80 0.74 0.73 0.87 0.78 0.85 0.81 0.74 0.68 0.67 0.65 0.65 0.74 0.74 0.740
FCF/OCF 1.01 1.01 1.01 1.01 1.01 1.01 1.01 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.01 1.01 1.01 1.01 1.005
FCF/Net Income snapshot only 0.744
CapEx/Revenue 1.0% 30.8% 35.7% 27.7% 31.8% 57.3% 62.9% -17.6% -13.2% 3.1% 90.0% 40.3% 40.35%
CapEx/Depreciation snapshot only 0.387
Accruals Ratio -0.35 -0.27 -0.20 -0.09 -0.14 -0.27 -0.17 -0.20 -0.19 -0.08 -0.13 -0.09 -0.13 -0.18 -0.18 -0.21 -0.25 -0.27 -0.16 -0.17 -0.169
Sloan Accruals snapshot only -0.303
Cash Flow Adequacy snapshot only -182.165
Dividends & Buybacks
Metric Trend 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 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% 0.0% 0.0% 0.0% 0.0% 0.0% 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 $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 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% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield -11.1% -8.9% -13.0% -36.5% -50.2% -18.0% -14.8% -12.1% -0.0% -0.2% -0.2% -0.3% -0.2% -5.9% -10.8% -11.5% -12.3% -5.4% -1.9% -0.3% -0.31%
Total Shareholder Return -11.1% -8.9% -13.0% -36.5% -50.2% -18.0% -14.8% -12.1% -0.0% -0.2% -0.2% -0.3% -0.2% -5.9% -10.8% -11.5% -12.3% -5.4% -1.9% -0.3% -0.31%
DuPont Factors
Metric Trend 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) 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 1.00 1.00 1.000
Interest Burden (EBT/EBIT) 1.01 1.01 1.01 1.01 1.00 1.00 1.01 1.01 1.01 0.99 0.97 0.95 0.95 0.95 0.95 0.95 0.96 0.97 0.98 1.00 1.000
EBIT Margin -106.90 -44.44 -33.17 -28.66 -41.68 -82.94 -196.66 5173.22 4420.67 -893.70 -211.51 -99.29 -99.290
Asset Turnover 0.00 0.01 0.03 0.04 0.04 0.03 0.01 0.00 -0.00 -0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.007
Equity Multiplier 1.55 1.55 1.63 1.63 1.63 1.63 3.95 3.95 3.95 3.95 3.25 3.25 3.25 3.25 1.20 1.20 1.20 1.20 1.17 1.17 1.169
Per Share
Metric Trend 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) $-2.29 $-2.09 $-2.15 $-2.09 $-1.94 $-1.74 $-1.57 $-1.36 $-1.05 $-0.72 $-0.77 $-0.77 $-0.77 $-0.76 $-0.92 $-0.90 $-1.01 $-1.11 $-1.08 $-1.10 $-1.10
Book Value/Share $0.86 $0.77 $1.20 $1.20 $1.13 $0.96 $-0.06 $-0.06 $-0.05 $-0.04 $0.81 $0.80 $0.78 $0.73 $1.97 $1.71 $1.71 $1.70 $1.20 $1.19 $0.98
Tangible Book/Share $0.61 $0.55 $1.00 $1.00 $0.94 $0.80 $-0.20 $-0.20 $-0.17 $-0.14 $0.72 $0.72 $0.69 $0.65 $1.90 $1.65 $1.65 $1.65 $1.15 $1.14 $1.14
Revenue/Share $0.00 $0.02 $0.05 $0.06 $0.07 $0.04 $0.02 $0.01 $-0.00 $-0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.01 $0.01 $0.01
FCF/Share $-1.75 $-1.73 $-1.84 $-1.97 $-1.75 $-1.41 $-1.27 $-1.02 $-0.78 $-0.63 $-0.60 $-0.66 $-0.62 $-0.56 $-0.62 $-0.60 $-0.66 $-0.72 $-0.81 $-0.82 $-0.82
OCF/Share $-1.73 $-1.71 $-1.83 $-1.95 $-1.73 $-1.39 $-1.26 $-1.02 $-0.77 $-0.62 $-0.60 $-0.66 $-0.62 $-0.56 $-0.62 $-0.60 $-0.66 $-0.72 $-0.80 $-0.81 $-0.81
Cash/Share $0.77 $0.69 $0.97 $0.96 $0.91 $0.77 $1.64 $1.64 $1.37 $1.11 $0.81 $0.80 $0.78 $0.73 $2.02 $1.76 $1.75 $1.75 $1.20 $1.19 $1.01
EBITDA/Share $-2.22 $-2.03 $-2.09 $-2.04 $-1.90 $-1.71 $-1.52 $-1.31 $-1.02 $-0.70 $-0.77 $-0.79 $-0.79 $-0.78 $-0.94 $-0.93 $-1.04 $-1.12 $-1.08 $-1.09 $-1.09
Debt/Share $0.43 $0.38 $0.38 $0.38 $0.36 $0.30 $2.04 $2.03 $1.71 $1.38 $0.17 $0.17 $0.16 $0.15 $0.15 $0.13 $0.13 $0.13 $0.11 $0.11 $0.11
Net Debt/Share $-0.34 $-0.31 $-0.59 $-0.58 $-0.55 $-0.47 $0.40 $0.40 $0.33 $0.27 $-0.64 $-0.64 $-0.62 $-0.58 $-1.87 $-1.63 $-1.62 $-1.62 $-1.09 $-1.08 $-1.08
Academic Models
Metric Trend 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 48.450
Altman Z-Prime snapshot only 83.640
Piotroski F-Score 1 2 4 5 5 5 4 4 4 4 2 2 2 2 4 4 4 4 2 2 2
Beneish M-Score
Ohlson O-Score snapshot only -0.234
ROIC (Greenblatt) snapshot only -90.32%
Net-Net WC snapshot only $1.00
EVA snapshot only $-62400650.00
Credit
Metric Trend 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 A
Credit Score 52.08 55.16 55.81 28.66 28.92 29.02 20.00 20.00 20.00 20.00 59.57 70.38 69.89 70.13 71.40 71.86 71.27 71.89 71.74 71.68 71.683
Credit Grade snapshot only 6
Credit Trend snapshot only -0.176
Implied Spread (bps) snapshot only 150.000
Industry Credit Rank snapshot only 57
Sector Credit Rank snapshot only 70

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