ValueScreener company report

The Marygold Companies, Inc. (MGLD)

Name: The Marygold Companies, Inc. (MGLD) filed financial figures
Creator: ValueScreener

AMEX / Financial Services / Asset Management

Share price

1.98 USD Market dataClose of Oct 16, 2026

Market capitalisation

84.6M USD Market dataClose of Oct 16, 2026

Market data: Oct 16, 2026
Filed accounts: FY2026, filed Sep 18, 2026
Ratios computed: Oct 16, 2026
Filed years: 11, FY2016 to FY2026

Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means

SEC filingFiled with the SEC: Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement: What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data: Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener: Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.

Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Quality

Return on equity

-22.7% Computed

From the FY2026 filing

Read quality

Financial strength

Current ratio

4.35 Computed

From the FY2026 filing

Read financial strength

Valuation

Price to book

4.42x Computed

FY2026 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

n/m Computed

FY2026 accounts, priced at the latest close

Why n/m

For a bank, an insurer, a broker or investment firm, or a mortgage trust, operating cash flow swings with the size of the loan, trading and funding book rather than with operating performance, so free cash flow is not the measure of the business. Look at earnings and capital adequacy.

Read cash generation

Revenue and net income, as filed

Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.

Named tests met: 1 of 30 Which tests

The business, and the score behind its five axes

The reading, in brief

Is it good

Return on equity was -22.7% in FY2026, in the band labelled "Likely below the cost of equity" (below 8.0%), on lines anchored on Damodaran's cost-of-capital data, suggesting returns on shareholders' money below the usual cost of equity.

Today, against the Asset Management industry (71 companies), -22.7% sits at the 13th percentile; the middle half of that group runs from 1.3% to 14.3%.

Is it safe

Current ratio was 4.35 in FY2026, in the band labelled "At or above Graham's requirement" (2.00 and above), on lines anchored on Graham's defensive-investor criteria, suggesting short-term assets well above short-term obligations.

Today, against the Financial Services sector (274 companies), 4.35 sits at the 68th percentile; the middle half of that group runs from 0.97 to 5.71.

Year by year against peers: Whether The Marygold Companies, Inc.'s return on equity stayed above the median of the Asset Management industry, year by year. (FY2022 to FY2025, 4 fiscal years of The Marygold Companies, Inc. with a comparable figure)
The direction: Which way The Marygold Companies, Inc.'s return on equity has moved, and how steadily. (FY2017 to FY2026, 10 filed years of The Marygold Companies, Inc.)
What could explain it: What in The Marygold Companies, Inc.'s filed statements could explain the movements. (3 readings drawn from the statement lines The Marygold Companies, Inc. filed)
What to check next: What to check next on The Marygold Companies, Inc., and where in its filings. (3 questions for The Marygold Companies, Inc.)
In one paragraph: One paragraph on The Marygold Companies, Inc.'s returns, cash, balance sheet and price. (7 of sixteen figures read for The Marygold Companies, Inc.)

These are MGLD’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research MGLDPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2026 annual report: 10-K, filed Sep 18, 2026, accession 0001493152-26-043341.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

The Marygold Companies, Inc: returns on capital and margins, each with its source
Figure	Value, source and document
Return on invested capital, after tax Why n/m Invested capital is equity plus debt less cash. A financial company's debt and cash are operating positions, so returns measured against that base are not comparable to an operating business.	n/m ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Return on equity	-22.7% ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Return on capital employed, pre-tax Why n/m Invested capital is equity plus debt less cash. A financial company's debt and cash are operating positions, so returns measured against that base are not comparable to an operating business.	n/m ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Return on assets	-18.2% ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Gross margin	92.6% ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Operating margin	-23.8% ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Net margin	-17.3% ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341

MGLD -17.3%

-335.6%16.2%

Net margin: MGLD against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

The Marygold Companies, Inc: leverage, liquidity and distress, each with its source
Figure	Value, source and document
Debt to equity Why n/a The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.	n/a ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Current ratio	4.35 ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Quick ratio	4.06 ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Interest coverage Why n/m Operating income is zero or below, so there is no operating profit to cover the interest bill and coverage is not meaningful (n/m).	n/m ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Altman Z-score Why n/m Altman's Z-Score was estimated on manufacturers and explicitly excludes financial firms. A financial company scores in the distress zone by construction, so the number would be wrong rather than alarming. Not applicable to financials.	n/m ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Net debt Why n/a The FY2026 balance sheet carries no net debt we could read.	n/a ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341

Total assets Total liabilities Shareholders’ equity

The balance sheet, line by line

Financial health

What The Marygold Companies, Inc owned and owed at the end of fiscal 2026, from the balance sheet it filed (10-K, filed Sep 18, 2026, 0001493152-26-043341).

The Marygold Companies, Inc: balance sheet position
Total assets	24.0M FiledFY2026 10-K, filed Sep 18, 2026
Total liabilities	4.8M FiledFY2026 10-K, filed Sep 18, 2026
Shareholders' equity	19.2M FiledFY2026 10-K, filed Sep 18, 2026
Cash	2.9M FiledFY2026 10-K, filed Sep 18, 2026
Total debt	n/a FiledFY2026 10-K, filed Sep 18, 2026
Net debt	n/a
Current ratio	4.35
Debt to equity	n/a

Debt to equity: FY2026: The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.
Interest cover: FY2026: Operating income is zero or below, so there is no operating profit to cover the interest bill and coverage is not meaningful (n/m).

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

The Marygold Companies, Inc: what the market charges, each with its source
Figure	Value, source and document
Price to earnings Why n/m Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.	n/m ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
P/E on trailing twelve months	100.00x ComputedClose of Oct 16, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book	4.42x ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Price to sales	3.36x ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Enterprise value to EBIT Why n/m Enterprise value adds debt and subtracts cash. For a financial company both are the business itself, so the resulting multiple has no economic meaning.	n/m ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Enterprise value to EBITDA Why n/m Enterprise value adds debt and subtracts cash. For a financial company both are the business itself, so the resulting multiple has no economic meaning.	n/m ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Price to earnings over growth Why n/m Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.	n/m ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Diluted earnings per share	-0.10 USD FiledFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Graham number Why n/m Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.	n/m ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341

We publish no fair value or price target of our own. Value MGLD on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for The Marygold Companies, Inc today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

The Marygold Companies, Inc: valuation
Share price	1.98 USD
Market capitalisation	84.6M USD
Enterprise value to EBITDA	n/m
Graham number	n/m
Diluted earnings per share, FY2026	-0.10 USD

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Mar 14, 2022: low 12.67x, median 37.50x, high 176.00x, latest 100.00x. 470 trading days with a meaningful ratio, 660 more on a loss and left out. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like The Marygold Companies, Inc

Same industry (Asset Management) and size band (Micro, 50M to 300M), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

The Marygold Companies, Inc: cash generation and what is paid out, each with its source
Figure	Value, source and document
Free cash flow yield Why n/m For a bank, an insurer, a broker or investment firm, or a mortgage trust, operating cash flow swings with the size of the loan, trading and funding book rather than with operating performance, so free cash flow is not the measure of the business. Look at earnings and capital adequacy.	n/m ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Free cash flow	-2.3M USD ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Free cash flow margin Why n/m For a bank, an insurer, a broker or investment firm, or a mortgage trust, operating cash flow swings with the size of the loan, trading and funding book rather than with operating performance, so free cash flow is not the measure of the business. Look at earnings and capital adequacy.	n/m ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Dividend yield Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedClose of Oct 16, 2026 · FY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Payout ratio Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341

Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

The Marygold Companies, Inc.: the eight ratios, with the fiscal year and filing date behind each.
Figure	Value	Year	As of
	n/m	FY2026	Oct 16, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
FormulaShare price / earnings per share. Where the filing states no earnings per share this listing can be priced on, which is every 20-F and 40-F filer because theirs is stated per ordinary share, it is market capitalisation / net income: the same multiple, undiluted. As ofThe close on Oct 16, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itIncome statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	4.42x	FY2026	Oct 16, 2026
FormulaMarket capitalisation / shareholders equity As ofThe close on Oct 16, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/m	FY2026	Oct 16, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
Formula(Market capitalisation + total debt - cash) / operating income, or over the filing's own EBIT (income before tax + interest expense) where the filer tags no operating line, as Johnson & Johnson does not in any of its ten filed years. As ofThe close on Oct 16, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itIncome statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tabForm10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/m	FY2026	Oct 16, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
FormulaFree cash flow per share / share price x 100 As ofThe close on Oct 16, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/m	FY2026	Sep 18, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
FormulaVendor trailing-twelve-month return on invested capital where one is published, which uses after-tax operating profit over total assets less current liabilities. Otherwise our own recompute: NOPAT / (shareholders equity + total debt - cash) x 100, where NOPAT is the filed operating profit after tax, or the filing's own EBIT after tax where the filer tags no operating line. As ofThe filing date of the statements below, for FY2026. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itIncome statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tabForm10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/a	FY2026	Oct 16, 2026
n/a The filed cash flow statement reports no dividend paid at all. That is not the same as a filed zero, and we will not read it as one.
FormulaCommon dividends paid in the latest filed year / market capitalisation x 100. n/a where the filing cannot support it: a special or first-year payment, a total that mixes preferred dividends, or a cash-flow statement over 15 months old. As ofThe close on Oct 16, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/a	FY2026	Sep 18, 2026
n/a The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.
FormulaTotal debt / shareholders equity As ofThe filing date of the statements below, for FY2026. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	4.35	FY2026	Sep 18, 2026
FormulaCurrent assets / current liabilities As ofThe filing date of the statements below, for FY2026. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	3.36x	FY2026	Oct 16, 2026
FormulaMarket capitalisation / revenue As ofThe close on Oct 16, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itIncome statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/m	FY2026	Oct 16, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
FormulaPrice to earnings / the annual earnings growth rate, in percentage points As ofThe close on Oct 16, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itIncome statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/m	FY2026	Oct 16, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
Formula1.2 x working capital/assets + 1.4 x retained earnings/assets + 3.3 x EBIT/assets + 0.6 x market value of equity/total liabilities + 1.0 x revenue/assets As ofThe close on Oct 16, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itIncome statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tabForm10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/m	FY2026	Sep 18, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
FormulaAn eight-variable index of year-on-year changes in receivables, gross margin, asset quality, revenue, depreciation, overheads, leverage and accruals As ofThe filing date of the statements below, for FY2026. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itIncome statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tabForm10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tabForm10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab
	n/m	FY2026	Sep 18, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
FormulaOne point each for: positive return on assets, positive operating cash flow, rising return on assets, operating cash flow above net income, falling leverage, rising current ratio, no new shares issued, rising gross margin, rising asset turnover. As ofThe filing date of the statements below, for FY2026. Form10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itIncome statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tabForm10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tabForm10-KFiledSep 18, 2026PeriodFY2026Accession0001493152-26-043341What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001493152-26-043341, leaves this page and opens in a new tab

The figures are computed from the accounts for fiscal 2026, the newest full year on file. 11 filed fiscal years on record, FY2016 to FY2026, from SEC EDGAR. Prices as of Oct 16, 2026. Ratios recomputed Oct 16, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2017 to FY2026, read from the annual reports The Marygold Companies, Inc filed with the SEC. Each year names its filing. Amounts in USD, as filed.

The Marygold Companies, Inc: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
Year	Revenue	Operating income	Net income	EPS, diluted	Free cash flow	Operating margin	Return on equity	Filing
FY2026	25.3M	-6.0M	-4.4M	-0.10	-2.3M	-23.8%	-22.7%	10-K, Sep 18, 20260001493152-26-043341
FY2025	23.4M	-6.8M	-5.8M	-0.14	-3.4M	-29.2%	-25.3%	10-K, Sep 19, 20250001493152-25-014286
FY2024	32.8M	-6.3M	-4.1M	-0.10	-2.0M	-19.1%	-15.3%	10-K, Sep 18, 20240001493152-24-037019
FY2023	34.9M	1.4M	1.2M	0.03	1.8M	4.1%	3.8%	10-K, Sep 25, 20230001437749-23-026697
FY2022	37.8M	2.4M	1.1M	0.03	-587.9K	6.3%	4.0%	10-K, Sep 28, 20220001437749-22-023190
FY2021	39.9M	7.4M	5.8M	0.15	6.7M	18.6%	23.1%	10-K, Sep 22, 20210001437749-21-022532
FY2020	26.7M	1.9M	1.8M	0.05	1.3M	7.2%	9.3%	10-K, Sep 28, 20200001437749-20-020370
FY2019	26.9M	755.6K	261.8K	0.01	825.6K	2.8%	1.5%	10-K, Sep 30, 20190001437749-19-019251
FY2018	28.7M	2.8M	1.7M	0.05	2.7M	9.8%	10.2%	10-K, Sep 28, 20180001437749-18-017579
FY2017	32.0M	6.7M	5.2M	0.14	4.9M	21.0%	39.3%	10-K, Oct 13, 20170001437749-17-017136

Revenue, compound annual growth FY2017 to FY2026: -2.6%
Earnings: Earnings was not positive in both 2017 and 2026, so a compound rate across the window is not defined. Both figures are in the table.
Earnings per share: Earnings per share was not positive in both 2017 and 2026, so a compound rate across the window is not defined. Both figures are in the table.
Free cash flow: Free cash flow was not positive in both 2017 and 2026, so a compound rate across the window is not defined. Both figures are in the table.

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

The Marygold Companies, Inc: accounting screens and published tests, each with its source
Figure	Value, source and document
Beneish M-score Why n/m The Beneish M-Score is built on gross margin, receivables and asset quality indices estimated on non-financial firms. Those inputs are not defined here.	n/m ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Piotroski F-score Why n/m 2 of the nine Piotroski signals are undefined for a capital markets firm: signal 6 (rising current ratio), signal 8 (rising gross margin). We do not publish a partial score under the full score's name.	n/m ComputedFY2026 10-K, filed Sep 18, 2026, 0001493152-26-043341
Named tests met	1 of 30 Computed
Beta	-0.36 ComputedClose of Oct 16, 2026

The named tests

Of 30 tests value investors published: 1 met, 15 not met, 14 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)

Meets: Gross margin, turnover (Robert Novy-Marx)
Does not: Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; High F-score, low P/B (Joseph Piotroski); High returns and growth; Dividends and buybacks; Low beta, profitable; Near the 52-week low; High returns, low debt; Owner earnings yield; High return on tangibles; Low P/S, rising earnings (James O'Shaughnessy); Book or below, low debt (Walter Schloss); Tangible book or below; Cheapest quarter on P/B (David Dreman)
Not measured: Earnings yield and ROIC (Joel Greenblatt); Three forensic scores; Low PEG, low debt (Peter Lynch); EV/EBITDA and coverage; High yield, low payout; ROIC at or above WACC; Z-score and coverage (Edward Altman); Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); Cash-covered dividend; Cash-flow yield and ROIC; Clean books, high ROIC; Cheapest quarter on P/E (David Dreman); Low P/E, growth, yield (John Neff). A test with a figure we could not read is incomplete, never met and never failed.

Figures we could not read(22)

Current Ratio: Graham set this test for industrial companies.
Debt to Equity: The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.
Piotroski F-Score: 2 of the nine Piotroski signals are undefined for a capital markets firm: signal 6 (rising current ratio), signal 8 (rising gross margin). We do not publish a partial score under the full score's name.
P/E Ratio: Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.
EV/EBIT: Enterprise value adds debt and subtracts cash. For a financial company both are the business itself, so the resulting multiple has no economic meaning.
Return on Invested Capital: Invested capital is equity plus debt less cash. A financial company's debt and cash are operating positions, so returns measured against that base are not comparable to an operating business.
Altman Z-Score: Altman's Z-Score was estimated on manufacturers and explicitly excludes financial firms. A financial company scores in the distress zone by construction, so the number would be wrong rather than alarming. Not applicable to financials.
Beneish M-Score: The Beneish M-Score is built on gross margin, receivables and asset quality indices estimated on non-financial firms. Those inputs are not defined here.
PEG Ratio: Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.
Eps Growth 5Y: We do not hold this figure for this company, so there is nothing to show.
EV/EBITDA: Enterprise value adds debt and subtracts cash. For a financial company both are the business itself, so the resulting multiple has no economic meaning.
Interest Coverage: Operating income is zero or below, so there is no operating profit to cover the interest bill and coverage is not meaningful (n/m).
Dividend Yield: We do not hold this figure for this company, so there is nothing to show.
Payout Ratio: We do not hold this figure for this company, so there is nothing to show.
Free Cash Flow Yield: For a bank, an insurer, a broker or investment firm, or a mortgage trust, operating cash flow swings with the size of the loan, trading and funding book rather than with operating performance, so free cash flow is not the measure of the business. Look at earnings and capital adequacy.
ROIC-WACC Spread: Invested capital is equity plus debt less cash. A financial company's debt and cash are operating positions, so returns measured against that base are not comparable to an operating business.
Price To Ncav: Net current asset value needs current assets, which an unclassified balance sheet does not report.
Price To Graham: Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.
Owner Earnings Yield: For a bank, an insurer, a broker or investment firm, or a mortgage trust, operating cash flow swings with the size of the loan, trading and funding book rather than with operating performance, so free cash flow is not the measure of the business. Look at earnings and capital adequacy.
Capex To Ocf: For a bank, an insurer, a broker or investment firm, or a mortgage trust, operating cash flow swings with the size of the loan, trading and funding book rather than with operating performance, so free cash flow is not the measure of the business. Look at earnings and capital adequacy.
Dividend Coverage Ratio: For a bank, an insurer, a broker or investment firm, or a mortgage trust, operating cash flow swings with the size of the loan, trading and funding book rather than with operating performance, so free cash flow is not the measure of the business. Look at earnings and capital adequacy.
Dividend Streak: We do not hold this figure for this company, so there is nothing to show.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by Javier Sanz Alvarez: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

Value it in the DCF workbench

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

What this cannot tell you

22 figures could not be read on this company, among them Current Ratio, Debt to Equity, Piotroski F-Score. Each blank in the table above names the rest, with its reason. 14 named tests come back incomplete because of them, which is neither met nor missed.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

Monitor my portfolio How this is computed

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Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Four questions, at a glance

Quality

Financial strength

Valuation

Cash generation

Revenue and net income, as filed

The reading, in brief

Financial health

Valuation

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The filed figures

Ten years of filed figures

The named tests

What this cannot tell you

Margin Notes