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Also trades as: 0882.HK (HKSE) · $vol 0M

TJSCF OTC

Tianjin Development Holdings Limited
1W: +0.0% 1M: +0.0% 3M: +78.2% YTD: +10.6% 1Y: +10.6% 3Y: +64.0% 5Y: +5.7%
$0.26
+0.00 (+0.00%)
 
OTC · Industrials · Conglomerates · Tech Score Buy · Power 58 · $275.9M mcap · 399M float · 0.0000% daily turnover · Short 100% of daily vol

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.

A-
Oct 02, 2026
DCF
4
ROE
2
ROA
4
D/E
2
P/E
4
P/B
5
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. TJSCF receives an overall rating of A-. Strongest factors: DCF (4/5), ROA (4/5), P/E (4/5), P/B (5/5). Areas of concern: ROE (2/5), D/E (2/5).
Rating Change History
DateFromTo
2026-10-03 None ADDED
2026-10-03 EXISTED None
2026-09-29 None ADDED
2026-09-27 EXISTED None
2026-09-23 None ADDED
2026-09-23 EXISTED None
2026-09-19 None ADDED
2026-09-19 EXISTED None
2026-09-15 None ADDED
2026-09-13 EXISTED None

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ — Grade D
Profitability
37
Balance Sheet
77
Earnings Quality
28
Growth
33
Value
—
Momentum
15
Safety
—
Cash Flow
18

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
-2.05
Unlikely Manipulator
Ohlson O-Score
-10.12
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
BB
Score: 42.0/100
Trend: Deteriorating
Earnings Quality
25/100
OCF/NI: -0.34x
Accruals: 6.0%
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. TJSCF 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. TJSCF's score of -2.05 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. TJSCF's implied 0.0% 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. TJSCF receives an estimated rating of BB (score: 42.0/100), 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). TJSCF's score of 25/100 is low — reported earnings may not be fully supported by cash flows.

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
5.31x
PEG
-0.17x
P/S
0.69x
P/B
0.16x
P/FCF
—
P/OCF
—
EV/EBITDA
—
EV/Revenue
—
EV/EBIT
—
EV/FCF
—
Earnings Yield
—
FCF Yield
—
Shareholder Yield
—
Graham Number
$16.40
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 5.3x earnings, TJSCF trades at a deep value multiple. Graham's intrinsic value formula yields $16.40 per share, suggesting a potential 6277% margin of safety at 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
0.576
NI / EBT
×
Interest Burden
-8.206
EBT / EBIT
×
EBIT Margin
-0.034
EBIT / Rev
×
Asset Turnover
0.281
Rev / Assets
×
Equity Multiplier
1.744
Assets / Equity
=
ROE
7.8%
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. TJSCF's ROE of 7.8% is driven by Asset Turnover (0.281), indicating efficient use of assets to generate revenue. A tax burden ratio of 0.58 suggests the company retains less than 60% of pre-tax earnings after taxes.

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
15.00%
Fair P/E
38.50x
Intrinsic Value
$36.36
Price/Value
—
Margin of Safety
—
Premium
—
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with TJSCF's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. TJSCF actually compounded EPS at 18.5% over three years; the model uses 15%, the highest rate it will extrapolate — of 4,457 company-quarters that grew faster than 200%, none sustained it over the following seven years. TJSCF trades at a premium to its adjusted intrinsic value of $36.36, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 38.5x compares to the current market P/E of 5.3x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$0.26
Median 1Y
$0.24
5th Pctile
$0.11
95th Pctile
$0.48
Ann. Volatility
46.1%
25th–75th percentile 5th–95th percentile Median path Historical
All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
ROE 10.6% 8.7% 9.5% 8.1% 9.1% 8.2% 7.1% 5.3% 3.1% 3.3% 4.1% 6.4% 6.7% 7.5% 7.8% 8.1% 9.6% 9.3% 7.6% 7.8% 7.77%
ROA 4.7% 4.7% 4.4% 3.8% 4.4% 4.1% 3.5% 2.6% 1.6% 1.7% 2.2% 3.3% 3.6% 4.0% 4.3% 4.5% 5.4% 5.3% 4.3% 4.5% 4.45%
ROIC -3.0% -2.3% -4.2% -3.2% -2.1% -2.2% 1.8% 0.6% 0.4% -1.5% -2.1% -1.9% -1.7% 0.7% 1.6% 2.7% 0.7% 0.0% -1.5% -2.0% -2.02%
ROCE -0.1% 2.4% 4.5% 5.7% 9.5% 9.3% 8.3% 6.2% 2.8% 0.9% 1.0% 1.9% 1.9% 2.9% 4.2% 4.0% 3.3% 2.0% -0.8% -1.1% -1.06%
Gross Margin 21.8% 23.1% 51.9% 39.0% 38.1% 38.8% 31.5% 31.4% 29.0% 28.4% 29.1% 29.7% 24.5% 32.8% 27.1% 32.3% 25.9% 31.9% 26.4% 30.1% 30.08%
Operating Margin -3.0% 1.0% -20.9% 2.6% -0.2% 1.6% 1.0% -6.0% -8.1% -8.0% -1.5% 0.9% 0.2% 3.4% 3.4% 5.4% -10.2% 0.4% -6.1% 2.6% 2.61%
Net Margin 6.6% 8.7% 16.1% 7.3% 10.4% 9.7% 4.5% 6.7% 14.3% 13.1% 12.7% 13.9% 4.9% 20.3% 17.5% 15.8% 16.9% 20.0% 5.7% 19.6% 19.62%
EBITDA Margin 6.5% 17.1% 23.1% 19.6% 25.5% 21.2% 12.0% 6.6% 7.4% 7.0% 3.5% 12.4% 7.4% 17.5% 34.6% 11.3% -6.0% 5.1% 0.8% 9.4% 9.39%
FCF Margin -3.0% -1.6% -2.1% -1.3% -7.8% -13.4% -10.7% -10.4% -0.6% 5.5% 3.5% 0.7% 12.3% -1.0% 6.8% -2.3% -19.7% -4.1% -14.4% -9.7% -9.68%
OCF Margin 6.8% 8.4% 4.3% 5.2% -0.4% -5.2% -6.6% -4.8% 1.9% 7.9% 6.5% 2.7% 14.3% 1.3% 10.7% 1.6% -15.1% 0.6% -10.3% -5.4% -5.45%
ROE 3Y Avg snapshot only 7.19%
ROE 5Y Avg snapshot only 6.93%
ROA 3Y Avg snapshot only 4.07%
ROIC 3Y Avg snapshot only 5.79%
ROIC Economic snapshot only -1.15%
Cash ROA snapshot only -1.49%
Cash ROIC snapshot only -3.99%
CROIC snapshot only -7.08%
NOPAT Margin snapshot only -2.77%
Pretax Margin snapshot only 27.49%
R&D / Revenue snapshot only 4.98%
SGA / Revenue snapshot only 26.35%
SBC / Revenue snapshot only 0.47%
Valuation
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
P/E Ratio — — — — — — — — — — — — — — — — — — — — 5.308
P/S Ratio — — — — — — — — — — — — — — — — — — — — 0.686
P/B Ratio — — — — — — — — — — — — — — — — — — — — 0.158
P/FCF — — — — — — — — — — — — — — — — — — — — —
P/OCF — — — — — — — — — — — — — — — — — — — — —
EV/EBITDA — — — — — — — — — — — — — — — — — — — — —
EV/Revenue — — — — — — — — — — — — — — — — — — — — —
EV/EBIT — — — — — — — — — — — — — — — — — — — — —
EV/FCF — — — — — — — — — — — — — — — — — — — — —
Earnings Yield — — — — — — — — — — — — — — — — — — — — —
FCF Yield — — — — — — — — — — — — — — — — — — — — —
Graham Number snapshot only $16.40
Leverage & Solvency
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Current Ratio 1.85 1.88 1.99 2.06 1.75 1.64 2.38 2.57 2.48 2.48 2.02 1.96 3.24 3.37 3.77 3.55 2.33 2.09 2.99 3.05 3.049
Quick Ratio 1.76 1.77 1.89 1.85 1.62 1.48 2.13 2.50 2.25 2.23 1.93 1.88 3.13 3.26 3.66 3.42 2.27 2.02 2.87 2.92 2.921
Debt/Equity 0.23 0.22 0.21 0.21 0.19 0.18 0.21 0.18 0.19 0.18 0.18 0.18 0.13 0.15 0.15 0.16 0.16 0.15 0.15 0.14 0.145
Net Debt/Equity -0.41 -0.36 -0.49 -0.38 -0.37 -0.42 -0.45 -0.45 -0.50 -0.48 -0.45 -0.50 -0.53 -0.42 -0.49 -0.46 -0.47 -0.28 -0.36 -0.36 -0.357
Debt/Assets 0.11 0.11 0.10 0.10 0.09 0.09 0.11 0.09 0.10 0.10 0.10 0.10 0.07 0.08 0.08 0.09 0.09 0.09 0.09 0.08 0.084
Debt/EBITDA 4.92 2.83 1.88 1.50 1.05 1.05 1.20 1.39 2.99 5.27 10.41 5.10 2.78 2.44 1.50 1.69 2.11 2.77 9.46 12.17 12.166
Net Debt/EBITDA -8.74 -4.52 -4.27 -2.78 -2.05 -2.42 -2.58 -3.50 -7.80 -13.80 -25.86 -13.78 -11.21 -6.85 -5.08 -4.92 -6.23 -5.02 -21.95 -29.98 -29.984
Interest Coverage — — 11.37 16.21 10.04 7.78 8.61 6.20 5.77 2.36 3.06 4.06 2.69 3.59 4.30 4.70 5.39 5.66 -3.46 -2.48 -2.482
Equity Multiplier 2.09 2.06 2.06 2.10 2.03 1.95 1.99 1.99 1.95 1.94 1.82 1.82 1.77 1.78 1.78 1.77 1.76 1.75 1.75 1.72 1.720
Cash Ratio snapshot only 2.200
Debt Service Coverage snapshot only 1.873
Cash to Debt snapshot only 3.465
FCF to Debt snapshot only -0.314
Defensive Interval snapshot only 1547.9 days
Efficiency & Turnover
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Asset Turnover 0.55 0.60 0.47 0.45 0.45 0.41 0.44 0.32 0.21 0.20 0.17 0.25 0.32 0.31 0.31 0.31 0.31 0.30 0.29 0.28 0.281
Inventory Turnover 19.82 26.08 15.26 9.11 9.21 6.80 7.40 6.59 3.31 3.01 3.60 11.12 7.61 6.63 13.17 12.21 14.58 14.04 13.97 11.59 11.590
Receivables Turnover 8.00 7.59 6.71 8.60 9.79 8.46 9.11 11.38 4.61 7.17 3.61 7.50 4.61 7.88 5.58 5.13 4.95 4.55 5.16 3.73 3.734
Payables Turnover 9.07 8.32 6.50 5.89 6.21 5.22 5.90 6.35 2.69 3.22 3.85 6.59 4.64 5.30 9.23 6.00 7.30 6.48 9.28 7.17 7.168
DSO 46 48 54 42 37 43 40 32 79 51 101 49 79 46 65 71 74 80 71 98 97.8 days
DIO 18 14 24 40 40 54 49 55 110 121 101 33 48 55 28 30 25 26 26 31 31.5 days
DPO 40 44 56 62 59 70 62 58 136 113 95 55 79 69 40 61 50 56 39 51 50.9 days
Cash Conversion Cycle 24 18 22 21 18 27 28 30 53 59 108 26 48 32 54 40 49 50 58 78 78.3 days
Fixed Asset Turnover snapshot only 3.119
Operating Cycle snapshot only 129.3 days
Cash Velocity snapshot only 0.938
Capital Intensity snapshot only 3.655
Growth (YoY)
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue 6.1% -3.2% -19.4% -25.2% -20.6% -27.2% -6.5% -28.8% -50.2% -48.2% -60.5% -22.9% 47.0% 52.1% 79.6% 21.8% -7.6% -6.7% -6.9% -7.4% -7.35%
Net Income -25.2% -40.8% -22.7% -26.4% -10.8% -6.8% -20.6% -31.6% -62.2% -55.3% -37.8% 23.8% 1.2% 1.3% 1.0% 34.0% 45.1% 25.2% -1.8% 0.4% 0.36%
EPS -24.7% -40.7% -22.6% -26.4% -10.8% -6.7% -20.5% -31.6% -62.2% -55.3% -37.8% 23.8% 1.2% 1.3% 1.0% 34.0% 45.1% 25.2% -1.9% 0.4% 0.36%
FCF 61.0% 82.5% 74.3% 87.3% -1.0% -5.3% -3.8% -4.5% 96.3% 1.2% 1.1% 1.0% 32.5% -1.3% 2.5% -5.2% -2.5% -2.8% -3.0% -2.9% -2.87%
EBITDA 2.9% 25.8% 9.4% 3.6% 3.4% 1.4% 57.2% -10.1% -61.8% -78.0% -88.7% -68.5% -27.6% 70.3% 4.5% 1.6% 67.6% -3.5% -82.6% -86.2% -86.25%
Op. Income 70.4% 64.7% 30.5% -50.5% 13.5% 5.8% 1.5% 1.2% 1.2% -3.1% -2.7% -5.6% -6.2% 1.4% 1.6% 2.2% 1.3% -99.9% -2.1% -1.9% -1.92%
OCF Growth snapshot only -4.15%
Asset Growth snapshot only 5.55%
Equity Growth snapshot only 8.60%
Debt Growth snapshot only -0.70%
Shares Change snapshot only 0.00%
Dividend Growth snapshot only 49.94%
Growth (CAGR)
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue 3Y — — — — — 54.0% 26.1% -0.5% -25.2% -28.5% -33.2% -25.7% -16.6% -16.9% -12.8% -12.6% -12.2% -9.8% -13.0% -4.5% -4.55%
Revenue 5Y — — — — — — — — — — — — — 23.5% 7.3% -1.5% -10.7% -12.3% -13.0% -14.3% -14.26%
EPS 3Y — — — — — 65.0% 4.3% -18.2% -36.7% -37.2% -27.4% -14.6% -8.8% -1.5% -0.3% 4.3% 7.2% 8.7% 6.9% 18.5% 18.53%
EPS 5Y — — — — — — — — — — — — — 35.7% 7.2% -1.9% -3.7% -6.6% -5.5% -3.5% -3.46%
Net Income 3Y — — — — — 64.7% 4.2% -18.3% -36.8% -37.3% -27.5% -14.6% -8.9% -1.5% -0.3% 4.3% 7.2% 8.7% 7.0% 18.5% 18.53%
Net Income 5Y — — — — — — — — — — — — — 35.6% 7.1% -2.0% -3.9% -6.7% -5.6% -3.5% -3.46%
EBITDA 3Y — — — — — — — — — 1.4% 22.6% 8.9% 6.6% -3.1% -1.0% -9.6% -22.6% -28.7% -52.5% -51.7% -51.68%
EBITDA 5Y — — — — — — — — — — — — — — — — — 88.1% 11.8% -14.3% -14.28%
Gross Profit 3Y — — — — — 1.7% 1.5% 77.2% 4.2% -11.8% -22.7% -17.0% -6.7% -6.9% -9.4% -13.8% -17.0% -18.8% -19.4% -11.6% -11.56%
Gross Profit 5Y — — — — — — — — — — — — — 60.8% 52.0% 33.5% 5.7% -0.8% -4.7% -8.6% -8.63%
Op. Income 3Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 5Y — — — — — — — — — — — — — — — — — — — — —
FCF 3Y — — — — — — — — — — — — — — — — — — — — —
FCF 5Y — — — — — — — — — — — — — — — — — — — — —
OCF 3Y — — — — — — — — -46.9% -6.2% -42.0% -47.6% 7.0% -55.8% 18.0% -41.0% — — — — —
OCF 5Y — — — — — — — — — — — — — -8.7% 35.5% -23.3% — -39.3% — — —
Assets 3Y — — — — — 9.8% 8.6% 6.5% -1.5% 7.1% 0.6% 1.1% 0.9% 0.2% -0.5% -3.1% -1.2% -0.0% 0.3% 1.5% 1.51%
Assets 5Y — — — — — — — — — — — — — 4.9% 4.8% 3.6% -2.3% 2.6% -0.2% 1.2% 1.24%
Equity 3Y — — — — — 3.7% 1.0% 0.3% 5.6% 2.1% 8.2% 6.7% 6.7% 5.0% 4.5% 2.6% 3.6% 3.6% 4.7% 6.5% 6.55%
Book Value 3Y — — — — — 3.8% 1.1% 0.4% 5.8% 2.2% 8.3% 6.7% 6.7% 5.1% 4.6% 2.6% 3.6% 3.6% 4.6% 6.5% 6.55%
Dividend 3Y — — — — — 1.0% -6.3% -11.4% -21.7% -33.1% -25.2% -45.8% 3.4% 21.4% 43.2% 96.8% 18.2% 18.2% 14.4% 14.5% 14.46%
Growth Quality
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue Stability — 0.72 0.45 0.20 0.49 0.27 0.22 0.03 0.77 0.90 0.88 0.98 0.67 0.04 0.00 0.19 0.62 0.65 0.61 0.69 0.691
Earnings Stability — 0.29 0.25 0.47 0.92 0.10 0.00 0.79 0.93 0.01 0.23 0.71 0.62 0.00 0.05 0.26 0.15 0.16 0.15 0.01 0.014
Margin Stability — 0.56 0.36 0.37 0.50 0.34 0.38 0.45 0.57 0.59 0.72 0.78 0.76 0.52 0.52 0.56 0.68 0.70 0.77 0.81 0.813
Rev. Growth Consistency 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 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 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 0.00 1.00 1.000
FCF Positive Streak 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0
Earnings Persistence — 0.84 0.91 0.89 0.96 0.97 0.92 0.87 0.50 0.50 0.85 0.90 0.50 0.50 0.50 0.86 0.82 0.90 0.99 1.00 0.999
Earnings Smoothness 0.71 0.49 0.74 0.70 0.89 0.93 0.77 0.63 0.10 0.24 0.53 0.79 0.23 0.21 0.33 0.71 0.63 0.78 0.98 1.00 0.996
ROE Trend — 0.01 -0.00 -0.03 -0.04 -0.04 -0.04 -0.04 -0.07 -0.05 -0.04 -0.00 0.01 0.02 0.02 0.02 0.05 0.04 0.02 0.00 0.004
Gross Margin Trend — 0.09 0.14 0.17 0.19 0.22 0.15 0.10 0.07 -0.01 -0.02 -0.04 -0.07 -0.06 -0.04 -0.03 -0.02 -0.00 0.01 -0.00 -0.005
FCF Margin Trend — 0.01 0.03 0.02 -0.02 -0.08 -0.06 -0.06 0.05 0.13 0.10 0.07 0.16 0.03 0.10 0.03 -0.26 -0.06 -0.20 -0.09 -0.089
Sustainable Growth Rate 8.5% 6.3% 7.2% 5.5% 6.4% 5.7% 5.3% 3.6% 1.9% 2.7% 3.4% 6.1% 5.5% 6.3% 5.9% 6.1% 7.6% 7.3% 4.8% 4.9% 4.95%
Internal Growth Rate 3.9% 3.5% 3.4% 2.6% 3.2% 2.9% 2.7% 1.8% 1.0% 1.4% 1.8% 3.3% 3.0% 3.5% 3.4% 3.5% 4.5% 4.3% 2.8% 2.9% 2.92%
Cash Flow Quality
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
OCF/Net Income 0.78 1.07 0.46 0.61 -0.04 -0.52 -0.82 -0.59 0.26 0.91 0.51 0.20 1.27 0.10 0.76 0.11 -0.86 0.03 -0.69 -0.34 -0.344
FCF/OCF -0.45 -0.19 -0.48 -0.26 19.43 2.56 1.63 2.15 -0.30 0.70 0.54 0.25 0.86 -0.79 0.64 -1.44 1.30 -7.40 1.40 1.78 1.776
FCF/Net Income snapshot only -0.611
OCF/EBITDA snapshot only -2.155
CapEx/Revenue 9.8% 9.9% 6.4% 6.6% 7.4% 8.2% 4.1% 5.6% 2.5% 2.3% 2.9% 2.0% 2.0% 2.3% 3.8% 3.9% 4.6% 4.7% 4.1% 4.2% 4.23%
CapEx/Depreciation snapshot only 0.719
Accruals Ratio 0.01 -0.00 0.02 0.02 0.05 0.06 0.06 0.04 0.01 0.00 0.01 0.03 -0.01 0.04 0.01 0.04 0.10 0.05 0.07 0.06 0.060
Sloan Accruals snapshot only -0.071
Cash Flow Adequacy snapshot only -0.546
Earnings Quality Score snapshot only 0.250
Dividends & Buybacks
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Dividend Yield — — — — — — — — — — — — — — — — — — — — 6.98%
Dividend/Share $0.20 $0.25 $0.23 $0.27 $0.26 $0.26 $0.19 $0.19 $0.13 $0.08 $0.08 $0.03 $0.14 $0.14 $0.23 $0.23 $0.23 $0.23 $0.34 $0.34 $0.14
Payout Ratio 20.3% 28.2% 24.3% 32.9% 29.5% 31.0% 25.1% 33.3% 37.1% 20.7% 16.8% 4.3% 18.3% 16.1% 24.7% 24.3% 20.8% 21.3% 37.7% 36.3% 36.28%
FCF Payout Ratio — — — — — — — — — 32.5% 60.6% 85.1% 16.8% — 50.8% — — — — — —
Total Payout Ratio 20.3% 28.2% 24.3% 32.9% 29.5% 31.0% 25.1% 33.3% 37.1% 20.7% 16.8% 4.3% 18.3% 16.1% 24.7% 24.3% 20.8% 21.3% 47.8% 46.0% 46.04%
Div. Increase Streak 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield — — — — — — — — — — — — — — — — — — — — —
Net Buyback Yield — — — — — — — — — — — — — — — — — — — — —
Total Shareholder Return — — — — — — — — — — — — — — — — — — — — —
DuPont Factors
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Tax Burden (NI/EBT) 0.72 0.75 0.81 0.79 0.68 0.66 0.60 0.59 0.71 2.35 2.68 2.71 3.67 2.37 1.58 1.09 0.84 0.60 0.57 0.58 0.576
Interest Burden (EBT/EBIT) -81.49 3.38 1.66 1.06 0.90 0.90 0.89 0.93 0.95 0.93 1.04 0.87 0.63 0.72 0.77 1.20 2.45 5.45 -10.81 -8.21 -8.206
EBIT Margin -0.00 0.03 0.07 0.10 0.16 0.17 0.15 0.15 0.11 0.04 0.05 0.06 0.05 0.08 0.12 0.11 0.09 0.05 -0.02 -0.03 -0.034
Asset Turnover 0.55 0.60 0.47 0.45 0.45 0.41 0.44 0.32 0.21 0.20 0.17 0.25 0.32 0.31 0.31 0.31 0.31 0.30 0.29 0.28 0.281
Equity Multiplier 2.25 1.86 2.16 2.12 2.06 2.00 2.02 2.04 1.99 1.94 1.90 1.90 1.86 1.87 1.80 1.80 1.77 1.76 1.76 1.74 1.744
Per Share
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
EPS (Diluted TTM) $1.00 $0.90 $0.94 $0.83 $0.90 $0.84 $0.74 $0.57 $0.34 $0.38 $0.46 $0.70 $0.76 $0.86 $0.93 $0.94 $1.10 $1.08 $0.91 $0.94 $0.94
Book Value/Share $9.23 $9.70 $10.22 $10.80 $10.55 $10.76 $10.59 $10.47 $11.43 $11.66 $12.02 $11.61 $11.20 $11.25 $11.68 $11.66 $11.74 $11.99 $12.12 $12.66 $17.26
Tangible Book/Share $8.75 $9.21 $9.69 $10.27 $10.19 $10.75 $10.58 $10.46 $11.41 $11.64 $12.02 $11.61 $11.20 $11.25 $11.68 $11.55 $11.42 $11.86 $12.00 $12.54 $12.54
Revenue/Share $11.63 $11.47 $9.90 $9.62 $9.24 $8.36 $9.27 $6.85 $4.60 $4.33 $3.66 $5.28 $6.75 $6.58 $6.57 $6.43 $6.24 $6.14 $6.10 $5.96 $2.92
FCF/Share $-0.35 $-0.18 $-0.20 $-0.13 $-0.72 $-1.12 $-0.99 $-0.71 $-0.03 $0.24 $0.13 $0.04 $0.83 $-0.07 $0.45 $-0.15 $-1.23 $-0.25 $-0.88 $-0.58 $-0.13
OCF/Share $0.79 $0.96 $0.43 $0.50 $-0.04 $-0.44 $-0.61 $-0.33 $0.09 $0.34 $0.24 $0.14 $0.97 $0.08 $0.70 $0.10 $-0.95 $0.03 $-0.63 $-0.32 $-0.06
Cash/Share $5.98 $5.62 $7.16 $6.35 $5.95 $6.45 $6.93 $6.53 $7.90 $7.80 $7.52 $7.94 $7.42 $6.47 $7.45 $7.23 $7.41 $5.23 $6.17 $6.35 $6.35
EBITDA/Share $0.44 $0.76 $1.17 $1.48 $1.92 $1.86 $1.83 $1.34 $0.73 $0.41 $0.21 $0.42 $0.53 $0.70 $1.13 $1.10 $0.89 $0.67 $0.20 $0.15 $0.15
Debt/Share $2.15 $2.16 $2.19 $2.22 $2.01 $1.96 $2.21 $1.86 $2.19 $2.15 $2.16 $2.14 $1.48 $1.70 $1.70 $1.85 $1.88 $1.86 $1.86 $1.83 $1.83
Net Debt/Share $-3.83 $-3.45 $-4.98 $-4.12 $-3.94 $-4.50 $-4.72 $-4.67 $-5.71 $-5.64 $-5.36 $-5.80 $-5.94 $-4.77 $-5.75 $-5.39 $-5.53 $-3.37 $-4.31 $-4.52 $-4.52
Academic Models
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — —
Piotroski F-Score 6 6 6 6 4 4 3 4 4 4 4 4 8 8 7 8 4 4 1 3 3
Beneish M-Score -2.40 -2.51 -2.31 -2.96 -2.64 -2.43 -1.45 2.80 12.36 -2.24 -2.26 4.06 5.45 -2.28 -2.02 -2.14 -1.70 -2.20 -2.36 -2.05 -2.047
Ohlson O-Score snapshot only -10.121
ROIC (Greenblatt) snapshot only -2.55%
Net-Net WC snapshot only $4.28
EVA snapshot only $-1050405464.89
Credit
Metric Trend Q4'16 Q2'17 Q4'17 Q2'18 Q4'18 Q2'19 Q4'19 Q2'20 Q4'20 Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Credit Rating snapshot only BB
Credit Score 53.10 56.70 69.50 72.10 68.70 65.30 67.15 66.55 64.75 57.15 56.80 55.95 64.75 62.35 69.85 63.85 64.15 64.75 41.55 42.00 42.000
Credit Grade snapshot only 12
Credit Trend snapshot only -21.850
Implied Spread (bps) snapshot only 475.000

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