— Know what they know.
Not Investment Advice
Also trades as: WTC.AX (ASX) · $vol 48M · WIGBY (OTC) · $vol 0M

WTCHF OTC

WiseTech Global Limited
1W: +0.0% 1M: -28.6% 3M: -4.8% YTD: -53.0% 1Y: -65.0% 3Y: -43.6% 5Y: -40.8%
$22.09
+0.00 (+0.00%)
 
OTC · Technology · Software - Application · Tech Score Strong Sell · Power 40 · $7.4B mcap · 190M float · 0.0005% daily turnover · Short 80% of daily vol

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
$37
Low
$37
Avg Target
$37
High
Based on 1 analyst since Aug 25, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 2Hold: 0Sell: 0Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$37.00
Analysts1
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-09-14 Redburn Partners — $60 $37 -23 +45.5% $25.43
2026-04-16 Redburn Partners — Initiated $60 — +120.5% $27.21
2024-10-24 Goldman Sachs Kane Hannan Initiated $138 — +67.1% $82.60

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
Oct 02, 2026
DCF
5
ROE
3
ROA
3
D/E
1
P/E
2
P/B
3
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. WTCHF receives an overall rating of B. Strongest factors: DCF (5/5). Areas of concern: D/E (1/5), P/E (2/5).
Rating Change History
DateFromTo
2026-10-03 None ADDED
2026-09-30 EXISTED None
2026-09-26 None ADDED
2026-09-26 EXISTED None
2026-09-14 None ADDED
2026-09-13 EXISTED None
2026-09-08 None ADDED
2026-09-06 EXISTED None
2026-09-02 None ADDED
2026-09-02 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 A+
Profitability
82
Balance Sheet
63
Earnings Quality
67
Growth
75
Value
—
Momentum
98
Safety
—
Cash Flow
99

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
6/9
✓ ✓ ✗ ✓ ✓ ✓ ✗ ✗ ✓
Beneish M-Score
-1.50
Possible Manipulator
Ohlson O-Score
-7.64
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
A+
Score: 75.2/100
Trend: Deteriorating
Earnings Quality
75/100
OCF/NI: 1.97x
Accruals: -11.4%
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. WTCHF scores 6/9, 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. WTCHF's score of -1.50 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. WTCHF'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. WTCHF receives an estimated rating of A+ (score: 75.2/100), 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). WTCHF's score of 75/100 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
42.86x
PEG
-2.40x
P/S
5.47x
P/B
3.97x
P/FCF
—
P/OCF
—
EV/EBITDA
—
EV/Revenue
—
EV/EBIT
—
EV/FCF
—
Earnings Yield
—
FCF Yield
—
Shareholder Yield
—
Graham Number
$17.93
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 42.9x earnings, WTCHF is priced for high growth expectations. Graham's intrinsic value formula yields $17.93 per share, 23% 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
0.743
NI / EBT
×
Interest Burden
0.679
EBT / EBIT
×
EBIT Margin
0.349
EBIT / Rev
×
Asset Turnover
0.665
Rev / Assets
×
Equity Multiplier
1.964
Assets / Equity
=
ROE
23.0%
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. WTCHF's ROE of 23.0% is driven by Asset Turnover (0.665), indicating efficient use of assets to generate revenue.

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
$66.04
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 WTCHF's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. WTCHF actually compounded EPS at 36.7% 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. WTCHF trades at a premium to its adjusted intrinsic value of $66.04, 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 42.9x.

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
$22.09
Median 1Y
$19.47
5th Pctile
$7.96
95th Pctile
$47.90
Ann. Volatility
54.3%
Analyst Target
$37.00
25th–75th percentile 5th–95th percentile Median path Historical Analyst target
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 Q4'17 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 Q4'26 Current
ROE 8.2% 14.7% 16.6% 21.0% 19.4% 26.4% 31.7% 32.9% 28.7% 28.3% 26.1% 29.5% 27.1% 27.9% 26.9% 27.2% 25.8% 23.7% 23.0% 22.99%
ROA 6.3% 9.5% 10.8% 10.7% 13.5% 17.9% 23.7% 22.7% 21.3% 21.2% 20.6% 23.4% 20.0% 21.0% 21.2% 21.5% 19.1% 11.1% 11.7% 11.70%
ROIC 16.1% 20.2% 27.5% 23.6% 20.4% 19.7% 16.5% 19.2% 22.9% 27.5% 35.5% 38.0% 20.4% 21.8% 22.3% 22.6% 23.8% 11.9% 34.7% 34.74%
ROCE 10.7% 16.0% 18.1% 19.0% 14.3% 15.5% 14.5% 16.4% 19.3% 23.0% 28.0% 32.1% 27.4% 26.4% 28.1% 27.9% 30.0% 15.4% 18.3% 18.31%
Gross Margin 82.5% 82.7% 82.4% 80.8% 80.9% 74.6% 72.4% 83.7% 82.6% 77.3% 78.8% 77.9% 77.2% 76.1% 85.0% 85.0% 87.3% 67.5% 68.5% 68.49%
Operating Margin 30.3% 24.1% 32.1% 22.9% 24.1% 20.8% 17.4% 28.0% 30.9% 38.5% 42.1% 42.6% 32.0% 35.9% 37.9% 39.3% 35.6% 29.4% 32.4% 32.39%
Net Margin 21.2% 16.7% 19.7% 14.7% 16.2% 29.1% 45.1% 18.6% 23.7% 27.5% 33.4% 28.8% 23.5% 23.6% 26.7% 27.9% 23.7% 10.1% 15.3% 15.28%
EBITDA Margin 34.0% 30.1% 32.9% 28.1% 28.6% 29.1% 31.6% 34.1% 41.0% 49.2% 52.3% 52.5% 46.3% 46.8% 42.1% 45.1% 46.5% 44.7% 32.4% 32.39%
FCF Margin 32.3% 30.3% 30.7% 29.0% 25.8% 20.8% 15.5% 14.3% 17.1% 22.0% 28.2% 31.0% 30.6% 28.0% 30.8% 33.2% 38.4% 34.1% 33.1% 33.11%
OCF Margin 35.7% 33.3% 33.2% 31.4% 32.3% 32.0% 31.3% 33.3% 36.4% 40.2% 45.2% 47.9% 47.5% 45.7% 44.3% 43.1% 44.8% 36.1% 34.7% 34.69%
ROE 3Y Avg snapshot only 21.69%
ROE 5Y Avg snapshot only 20.61%
ROA 3Y Avg snapshot only 14.40%
ROIC 3Y Avg snapshot only 26.98%
ROIC Economic snapshot only 28.91%
Cash ROA snapshot only 16.18%
Cash ROIC snapshot only 48.57%
CROIC snapshot only 46.37%
NOPAT Margin snapshot only 24.81%
Pretax Margin snapshot only 23.68%
R&D / Revenue snapshot only 13.09%
SGA / Revenue snapshot only 22.59%
SBC / Revenue snapshot only 2.26%
Valuation
Metric Trend 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 Q4'26 Current
P/E Ratio — — — — — — — — — — — — — — — — — — — 42.859
P/S Ratio — — — — — — — — — — — — — — — — — — — 5.468
P/B Ratio — — — — — — — — — — — — — — — — — — — 3.974
P/FCF — — — — — — — — — — — — — — — — — — — —
P/OCF — — — — — — — — — — — — — — — — — — — —
EV/EBITDA — — — — — — — — — — — — — — — — — — — —
EV/Revenue — — — — — — — — — — — — — — — — — — — —
EV/EBIT — — — — — — — — — — — — — — — — — — — —
EV/FCF — — — — — — — — — — — — — — — — — — — —
Earnings Yield — — — — — — — — — — — — — — — — — — — —
FCF Yield — — — — — — — — — — — — — — — — — — — —
Graham Number snapshot only $17.93
Leverage & Solvency
Metric Trend 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 Q4'26 Current
Current Ratio 2.90 1.75 2.02 0.69 1.92 1.53 1.97 2.01 2.21 2.50 2.94 2.46 0.63 1.06 1.02 1.24 1.18 1.38 1.23 1.235
Quick Ratio 2.90 1.75 2.02 0.69 1.92 1.53 1.97 2.01 2.21 2.50 2.94 2.46 0.63 1.06 1.02 1.24 1.18 1.38 1.23 1.235
Debt/Equity 0.02 0.01 0.01 0.08 0.00 0.05 0.05 0.04 0.03 0.03 0.03 0.02 0.14 0.11 0.05 0.03 0.07 1.35 0.03 0.027
Net Debt/Equity -0.46 -0.26 -0.34 -0.03 -0.34 -0.23 -0.18 -0.20 -0.25 -0.29 -0.34 -0.32 0.06 0.04 -0.01 -0.04 -0.03 1.16 -0.16 -0.165
Debt/Assets 0.01 0.01 0.00 0.04 0.00 0.04 0.04 0.03 0.03 0.03 0.02 0.02 0.10 0.08 0.04 0.02 0.05 0.50 0.01 0.011
Debt/EBITDA 0.14 0.04 0.03 0.21 0.01 0.22 0.20 0.15 0.11 0.09 0.07 0.05 0.35 0.28 0.12 0.08 0.17 2.96 0.06 0.055
Net Debt/EBITDA -3.50 -1.03 -1.22 -0.08 -1.54 -0.94 -0.78 -0.79 -0.87 -0.85 -0.88 -0.73 0.15 0.10 -0.02 -0.10 -0.08 2.53 -0.34 -0.342
Interest Coverage — — — — 158.54 66.46 38.83 32.12 29.99 36.59 51.67 61.07 58.14 35.63 31.48 35.06 43.13 8.52 5.46 5.459
Equity Multiplier 1.30 1.54 1.53 1.97 1.47 1.45 1.27 1.26 1.27 1.25 1.26 1.27 1.40 1.37 1.28 1.26 1.31 2.71 2.51 2.507
Cash Ratio snapshot only 0.683
Debt Service Coverage snapshot only 6.459
Cash to Debt snapshot only 7.162
FCF to Debt snapshot only 14.464
Defensive Interval snapshot only 237.1 days
Efficiency & Turnover
Metric Trend 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 Q4'26 Current
Asset Turnover 0.30 0.51 0.57 0.60 0.81 0.88 0.86 0.83 0.74 0.75 0.78 0.81 0.71 0.78 0.83 0.84 0.75 0.55 0.66 0.665
Inventory Turnover — — — — — — — — — — — — — — — — — — — —
Receivables Turnover 5.79 7.24 10.31 11.29 17.06 24.37 16.92 19.19 14.47 20.06 14.70 22.95 15.56 21.95 15.85 19.76 17.65 14.26 14.42 14.422
Payables Turnover 8.00 1.79 20.66 3.22 21.99 5.56 16.08 4.66 9.56 4.63 6.93 3.53 7.83 5.13 7.98 3.97 8.76 4.74 12.14 12.138
DSO 63 50 35 32 21 15 22 19 25 18 25 16 23 17 23 18 21 26 25 25.3 days
DIO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 days
DPO 46 204 18 113 17 66 23 78 38 79 53 103 47 71 46 92 42 77 30 30.1 days
Cash Conversion Cycle 17 -154 18 -81 5 -51 -1 -59 -13 -61 -28 -88 -23 -55 -23 -73 -21 -51 -5 -4.8 days
Fixed Asset Turnover snapshot only 24.743
Cash Velocity snapshot only 6.099
Capital Intensity snapshot only 2.144
Growth (YoY)
Metric Trend 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 Q4'26 Current
Revenue — — — — 5.9% 2.9% 1.6% 86.5% 64.4% 48.3% 46.5% 48.8% 54.7% 64.9% 63.1% 63.8% 56.1% 67.0% 76.2% 76.16%
Net Income — — — — 4.4% 3.2% 2.7% 1.9% 1.8% 1.1% 40.8% 55.5% 51.3% 56.3% 56.9% 46.4% 42.1% 25.9% 21.3% 21.32%
EPS — — — — 4.1% 2.9% 2.4% 1.7% 1.7% 1.0% 38.1% 54.4% 49.0% 52.9% 53.6% 43.3% 40.2% 24.8% 20.4% 20.43%
FCF — — — — 4.5% 1.7% 29.2% -8.0% 8.7% 56.8% 1.7% 2.2% 1.8% 1.1% 77.9% 75.3% 95.6% 1.0% 89.5% 89.50%
EBITDA — — — — 5.0% 2.6% 1.3% 87.4% 90.5% 99.4% 1.2% 1.4% 1.2% 1.0% 68.2% 49.6% 41.1% 52.0% 56.4% 56.37%
Op. Income — — — — 4.8% 2.5% 84.6% 56.3% 59.2% 79.1% 1.5% 1.6% 1.4% 1.1% 69.0% 53.3% 51.0% 53.2% 59.1% 59.15%
OCF Growth snapshot only 37.91%
Asset Growth snapshot only 1.48%
Equity Growth snapshot only 26.50%
Debt Growth snapshot only -28.21%
Shares Change snapshot only 0.74%
Dividend Growth snapshot only 40.51%
Growth (CAGR)
Metric Trend 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 Q4'26 Current
Revenue 3Y — — — — — — — — — — — — 1.6% 1.1% 82.8% 65.7% 58.3% 59.8% 61.5% 61.47%
Revenue 5Y — — — — — — — — — — — — — — — — — — — —
EPS 3Y — — — — — — — — — — — — 1.7% 1.3% 93.1% 81.4% 78.0% 56.7% 36.7% 36.70%
EPS 5Y — — — — — — — — — — — — — — — — — — — —
Net Income 3Y — — — — — — — — — — — — 1.9% 1.4% 1.0% 87.7% 82.6% 59.4% 38.9% 38.92%
Net Income 5Y — — — — — — — — — — — — — — — — — — — —
EBITDA 3Y — — — — — — — — — — — — 2.0% 1.4% 1.1% 87.8% 82.1% 83.7% 80.6% 80.58%
EBITDA 5Y — — — — — — — — — — — — — — — — — — — —
Gross Profit 3Y — — — — — — — — — — — — 1.5% 1.1% 80.4% 65.2% 59.7% 59.7% 60.0% 60.04%
Gross Profit 5Y — — — — — — — — — — — — — — — — — — — —
Op. Income 3Y — — — — — — — — — — — — 1.8% 1.4% 97.8% 83.3% 79.5% 79.8% 88.2% 88.22%
Op. Income 5Y — — — — — — — — — — — — — — — — — — — —
FCF 3Y — — — — — — — — — — — — 1.6% 1.1% 83.0% 73.2% 80.7% 88.4% 1.1% 1.08%
FCF 5Y — — — — — — — — — — — — — — — — — — — —
OCF 3Y — — — — — — — — — — — — 1.9% 1.4% 1.0% 84.1% 76.5% 66.5% 67.2% 67.17%
OCF 5Y — — — — — — — — — — — — — — — — — — — —
Assets 3Y — — — — — — — — — — — — 1.1% 99.6% 73.9% 60.7% 44.3% 83.1% 76.5% 76.50%
Assets 5Y — — — — — — — — — — — — — — — — — — — —
Equity 3Y — — — — — — — — — — — — 1.1% 1.1% 84.6% 86.5% 50.0% 48.7% 40.8% 40.79%
Book Value 3Y — — — — — — — — — — — — 99.5% 98.9% 77.2% 80.3% 46.3% 46.2% 38.5% 38.53%
Dividend 3Y — — — — — — — — — — — — 35.6% 34.6% 28.1% 20.7% 17.4% 13.6% 10.5% 10.48%
Growth Quality
Metric Trend 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 Q4'26 Current
Revenue Stability — — — — — — — — 0.99 0.99 0.99 1.00 1.00 0.98 0.98 0.97 0.97 0.94 0.92 0.922
Earnings Stability — — — — — — — — 0.95 0.99 0.97 1.00 0.98 0.99 0.99 1.00 0.99 1.00 0.99 0.992
Margin Stability — — — — — — — — 0.98 0.98 0.96 0.97 0.97 0.97 0.97 0.98 0.97 0.99 0.97 0.968
Rev. Growth Consistency 0.00 0.00 0.00 0.00 0.50 0.50 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 1.000
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.50 0.50 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 1.000
FCF Positive Streak 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence — — — — — — — — 0.50 0.50 0.84 0.50 0.50 0.50 0.50 0.81 0.83 0.90 0.91 0.915
Earnings Smoothness — — — — 0.00 0.00 0.00 0.02 0.04 0.31 0.66 0.57 0.59 0.56 0.56 0.62 0.65 0.77 0.81 0.807
ROE Trend — — — — — — — — 0.14 0.08 0.04 0.04 0.03 0.02 -0.01 -0.03 -0.01 -0.02 -0.02 -0.017
Gross Margin Trend — — — — — — — — -0.03 -0.02 0.01 -0.01 -0.02 -0.02 0.01 0.03 0.05 0.01 -0.05 -0.051
FCF Margin Trend — — — — — — — — -0.12 -0.04 0.05 0.09 0.09 0.07 0.09 0.11 0.15 0.09 0.04 0.036
Sustainable Growth Rate 7.0% 12.1% 14.1% 17.5% 16.3% 23.0% 28.8% 30.1% 26.1% 25.3% 22.7% 25.1% 22.6% 22.6% 21.6% 21.8% 20.5% 18.3% 17.7% 17.66%
Internal Growth Rate 5.7% 8.5% 10.2% 9.8% 12.8% 18.6% 27.4% 26.2% 24.0% 23.4% 21.8% 24.8% 20.0% 20.6% 20.4% 20.9% 17.9% 9.3% 9.9% 9.88%
Cash Flow Quality
Metric Trend 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 Q4'26 Current
OCF/Net Income 1.69 1.77 1.73 1.78 1.94 1.57 1.13 1.21 1.27 1.42 1.70 1.67 1.69 1.70 1.73 1.68 1.75 1.78 1.97 1.971
FCF/OCF 0.91 0.91 0.92 0.92 0.80 0.65 0.50 0.43 0.47 0.55 0.62 0.65 0.64 0.61 0.69 0.77 0.86 0.94 0.95 0.955
FCF/Net Income snapshot only 1.881
OCF/EBITDA snapshot only 0.841
CapEx/Revenue 3.3% 3.0% 2.6% 2.4% 6.5% 11.2% 15.8% 18.9% 19.4% 18.2% 16.9% 16.8% 16.9% 17.6% 13.5% 9.9% 6.4% 2.0% 1.6% 1.58%
CapEx/Depreciation snapshot only 0.247
Accruals Ratio -0.04 -0.07 -0.08 -0.08 -0.13 -0.10 -0.03 -0.05 -0.06 -0.09 -0.14 -0.16 -0.14 -0.15 -0.16 -0.15 -0.14 -0.09 -0.11 -0.114
Sloan Accruals snapshot only -0.006
Cash Flow Adequacy snapshot only 6.132
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend 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 Q4'26 Current
Dividend Yield — — — — — — — — — — — — — — — — — — — 0.66%
Dividend/Share $0.01 $0.02 $0.03 $0.04 $0.05 $0.06 $0.06 $0.06 $0.07 $0.09 $0.12 $0.17 $0.21 $0.25 $0.28 $0.32 $0.36 $0.39 $0.40 $0.22
Payout Ratio 15.3% 17.7% 14.9% 16.4% 15.8% 12.7% 9.3% 8.6% 9.0% 10.5% 13.1% 14.9% 16.7% 18.7% 19.9% 19.9% 20.6% 22.9% 23.2% 23.19%
FCF Payout Ratio 10.0% 11.0% 9.3% 10.0% 10.2% 12.5% 16.7% 16.5% 15.2% 13.6% 12.3% 13.8% 15.4% 17.9% 16.5% 15.4% 13.7% 13.6% 12.3% 12.33%
Total Payout Ratio 58.1% 55.4% 62.3% 57.4% 69.0% 45.4% 35.0% 29.6% 31.6% 56.4% 48.3% 54.3% 97.9% 91.0% 88.0% 91.8% 49.7% 64.3% 62.1% 62.09%
Div. Increase Streak 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Chowder Number — — — — — — — — — — — — — — — — — — — —
Buyback Yield — — — — — — — — — — — — — — — — — — — —
Net Buyback Yield — — — — — — — — — — — — — — — — — — — —
Total Shareholder Return — — — — — — — — — — — — — — — — — — — —
DuPont Factors
Metric Trend 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 Q4'26 Current
Tax Burden (NI/EBT) 0.72 0.71 0.72 0.71 0.71 0.76 0.83 0.83 0.82 0.79 0.76 0.75 0.74 0.73 0.71 0.71 0.71 0.72 0.74 0.743
Interest Burden (EBT/EBIT) 0.97 0.98 0.98 0.97 0.97 1.16 1.60 1.52 1.41 1.21 0.98 0.97 0.97 0.96 0.95 0.96 0.91 0.77 0.68 0.679
EBIT Margin 0.30 0.27 0.27 0.26 0.24 0.23 0.21 0.22 0.25 0.30 0.36 0.40 0.39 0.38 0.38 0.38 0.40 0.36 0.35 0.349
Asset Turnover 0.30 0.51 0.57 0.60 0.81 0.88 0.86 0.83 0.74 0.75 0.78 0.81 0.71 0.78 0.83 0.84 0.75 0.55 0.66 0.665
Equity Multiplier 1.30 1.54 1.53 1.97 1.44 1.47 1.34 1.45 1.35 1.34 1.27 1.26 1.35 1.33 1.27 1.26 1.35 2.14 1.96 1.964
Per Share
Metric Trend 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 Q4'26 Current
EPS (Diluted TTM) $0.06 $0.11 $0.20 $0.27 $0.31 $0.44 $0.67 $0.73 $0.83 $0.88 $0.93 $1.12 $1.23 $1.34 $1.42 $1.61 $1.73 $1.68 $1.72 $1.72
Book Value/Share $0.72 $0.77 $1.19 $1.28 $2.47 $2.60 $3.13 $3.23 $3.40 $3.66 $4.03 $4.41 $5.74 $6.07 $6.64 $7.53 $7.74 $8.12 $8.33 $8.41
Tangible Book/Share $0.27 $-0.05 $-0.03 $-0.87 $-0.06 $-2.04 $-1.67 $-1.46 $-1.32 $0.80 $-0.90 $1.03 $-5.60 $-0.84 $-0.53 $-0.26 $-0.47 $-10.01 $-9.08 $-9.08
Revenue/Share $0.28 $0.60 $1.03 $1.53 $1.84 $2.14 $2.43 $2.65 $2.88 $3.11 $3.49 $3.91 $4.39 $5.01 $5.57 $6.27 $6.76 $8.30 $9.75 $6.17
FCF/Share $0.09 $0.18 $0.32 $0.44 $0.47 $0.44 $0.38 $0.38 $0.49 $0.68 $0.99 $1.21 $1.34 $1.41 $1.72 $2.08 $2.59 $2.83 $3.23 $1.64
OCF/Share $0.10 $0.20 $0.34 $0.48 $0.59 $0.68 $0.76 $0.88 $1.05 $1.25 $1.58 $1.87 $2.08 $2.29 $2.47 $2.70 $3.03 $2.99 $3.38 $1.69
Cash/Share $0.35 $0.21 $0.42 $0.14 $0.84 $0.73 $0.70 $0.77 $0.97 $1.17 $1.48 $1.50 $0.44 $0.44 $0.37 $0.50 $0.76 $1.60 $1.60 $1.61
EBITDA/Share $0.10 $0.19 $0.33 $0.47 $0.55 $0.63 $0.72 $0.82 $0.99 $1.23 $1.57 $1.93 $2.19 $2.46 $2.59 $2.82 $3.05 $3.71 $4.02 $4.02
Debt/Share $0.01 $0.01 $0.01 $0.10 $0.00 $0.14 $0.14 $0.13 $0.11 $0.12 $0.10 $0.10 $0.78 $0.69 $0.31 $0.22 $0.51 $10.99 $0.22 $0.22
Net Debt/Share $-0.33 $-0.20 $-0.41 $-0.04 $-0.84 $-0.59 $-0.56 $-0.65 $-0.86 $-1.05 $-1.38 $-1.40 $0.34 $0.25 $-0.06 $-0.28 $-0.26 $9.39 $-1.37 $-1.37
Academic Models
Metric Trend 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 Q4'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — —
Piotroski F-Score 4 4 4 4 6 5 5 8 7 8 8 7 5 5 6 6 8 4 6 6
Beneish M-Score — — — — -0.77 -1.76 -1.45 -2.34 -2.35 -2.02 -2.64 -2.63 -2.15 -2.29 -2.29 -1.86 -2.83 -0.74 -1.50 -1.496
Ohlson O-Score snapshot only -7.636
Net-Net WC snapshot only $-9.67
EVA snapshot only $578426613.99
Credit
Metric Trend 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 Q4'26 Current
Credit Rating snapshot only A+
Credit Score 80.25 80.25 80.25 80.25 82.75 82.75 82.75 82.75 82.75 82.75 82.75 82.75 82.75 82.75 82.75 82.75 82.75 65.95 75.25 75.250
Credit Grade snapshot only 5
Credit Trend snapshot only -7.500
Implied Spread (bps) snapshot only 125.000

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