ValueScreener company report

Expion360 Inc. (XPON)

Name: Expion360 Inc. (XPON) filed financial figures
Creator: ValueScreener

NASDAQ / Industrials / Electrical Equipment & Parts

Share price

3.93 USD Market dataClose of Oct 15, 2026

Market capitalisation

3.7M USD Market dataClose of Oct 15, 2026

Market data: Oct 15, 2026
Filed accounts: FY2025, filed Mar 17, 2026
Ratios computed: Oct 15, 2026
Filed years: 5, FY2021 to FY2025

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

-95.4% Computed

From the FY2025 filing

Read quality

Financial strength

Debt to equity

0.14 Computed

From the FY2025 filing

Read financial strength

Valuation

Price to earnings

n/m Computed

FY2025 accounts, priced at the latest close

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.

Read valuation

Cash generation

Free cash flow yield

n/m Computed

FY2025 accounts, priced at the latest close

Why n/m

Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.

Read cash generation

Revenue and net income, by fiscal year

Revenue Net income7 fiscal years; a year whose statement names no SEC filing is market data, and the table in Filings says which.

Named tests met: 4 of 30 Which tests

The business, and the score behind its five axes

The reading, in brief

Is it good

Return on equity was -95.4% in FY2025, 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 Electrical Equipment & Parts industry (42 companies), -95.4% sits at the 17th percentile; the middle half of that group runs from -52.4% to 9.0%.

Is it safe

Debt to equity was 0.14 in FY2025, in the band labelled "Conservative" (below 0.50), on lines anchored on Graham's defensive-investor criteria, suggesting a balance sheet that relies little on borrowing.

Today, against the Industrials sector (433 companies), 0.14 sits at the 14th percentile; the middle half of that group runs from 0.28 to 1.21.

Year by year against peers: Whether Expion360 Inc.'s return on equity stayed above the median of the Electrical Equipment & Parts industry, year by year. (FY2021 to FY2025, 5 fiscal years of Expion360 Inc. with a comparable figure)
The direction: Which way Expion360 Inc.'s gross margin has moved, and how steadily. (FY2019 to FY2025, 7 filed years of Expion360 Inc.)
What could explain it: What in Expion360 Inc.'s filed statements could explain the movements. (7 readings drawn from the statement lines Expion360 Inc. filed)
What to check next: What to check next on Expion360 Inc., and where in its filings. (5 questions for Expion360 Inc.)
In one paragraph: One paragraph on Expion360 Inc.'s returns, cash, balance sheet and price. (9 of sixteen figures read for Expion360 Inc.)

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

Research XPONPart 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 FY2025 annual report: 10-K, filed Mar 17, 2026, accession 0001903596-26-000075.

3 of 10

Quality

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

SEC filingComputed

Expion360 Inc: returns on capital and margins, each with its source
Figure	Value, source and document
Return on invested capital, after tax Why n/a The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.	n/a ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Return on equity	-95.4% ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Return on capital employed, pre-tax	-151.3% ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Return on assets	-77.3% ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Gross margin	13.9% ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Operating margin	-110.9% ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Net margin	-64.6% ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075

XPON -64.6%

-119.3%-6.1%

Net margin: XPON 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

Expion360 Inc: leverage, liquidity and distress, each with its source
Figure	Value, source and document
Debt to equity	0.14 ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Current ratio	7.07 ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Quick ratio	4.20 ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Interest coverage Why n/a The interest line is filed as a negative amount (net interest income, or a sign convention), so coverage is not computed.	n/a ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Altman Z-score	-8.65 ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Net debt	-2.1M ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075

Total assets Total liabilities Shareholders’ equity

The balance sheet, line by line

Financial health

What Expion360 Inc owned and owed at the end of fiscal 2025, from the balance sheet it filed (10-K, filed Mar 17, 2026, 0001903596-26-000075).

Expion360 Inc: balance sheet position
Total assets	8.1M FiledFY2025 10-K, filed Mar 17, 2026
Total liabilities	1.5M FiledFY2025 10-K, filed Mar 17, 2026
Shareholders' equity	6.5M FiledFY2025 10-K, filed Mar 17, 2026
Cash	3.0M FiledFY2025 10-K, filed Mar 17, 2026
Total debt	907.0K FiledFY2025 10-K, filed Mar 17, 2026
Net debt	-2.1M
Current ratio	7.07
Debt to equity	0.14

Interest cover: FY2025: The interest line is filed as a negative amount (net interest income, or a sign convention), so coverage is not computed.

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

Expion360 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 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
P/E on trailing twelve months	0.01x ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book Why n/a Held back: the last annual report's share count does not match today's, as after a split.	n/a ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Price to sales	0.19x ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Enterprise value to EBIT Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Enterprise value to EBITDA Why n/m EBITDA is zero or negative, so a multiple of it is not meaningful.	n/m ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
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 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Diluted earnings per share	-13.56 USD FiledFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
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 ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075

We publish no fair value or price target of our own. Value XPON 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 Expion360 Inc today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

Expion360 Inc: valuation
Share price	3.93 USD
Market capitalisation	3.7M USD
Enterprise value to EBITDA	n/m
Graham number	n/m
Diluted earnings per share, FY2025	-13.56 USD

Diluted earnings per share, FY2025: -1.13 as filed, -13.56 after the 1-for-12 split on 21 Jul 2026.

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Aug 14, 2024: low 0.01x, median 0.03x, high 0.16x, latest 0.01x. 209 trading days with a meaningful ratio, 333 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 Expion360 Inc

Same industry (Electrical Equipment & Parts) and size band (Nano, under 50M), 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

Expion360 Inc: cash generation and what is paid out, each with its source
Figure	Value, source and document
Free cash flow yield Why n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.	n/m ComputedClose of Oct 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Free cash flow	-6.2M USD ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Free cash flow margin	-63.8% ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
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 15, 2026 · FY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Payout ratio Why n/a We do not hold this figure for this company, so there is nothing to show.	n/a ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075

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.

Expion360 Inc.: the eight ratios, with the fiscal year and filing date behind each.
Figure	Value	Year	As of
	n/m	FY2025	Oct 15, 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 15, 2026, over the filed figures of FY2025: a price is in this figure, and it moved after the filing. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itIncome statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	n/a	FY2025	Oct 15, 2026
n/a Held back: the last annual report's share count does not match today's, as after a split.
FormulaMarket capitalisation / shareholders equity As ofThe close on Oct 15, 2026, over the filed figures of FY2025: a price is in this figure, and it moved after the filing. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itBalance sheetFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	n/a	FY2025	Oct 15, 2026
n/a Operating profit is zero or negative, so there is no profit for a buyer's price to be a multiple of.
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 15, 2026, over the filed figures of FY2025: a price is in this figure, and it moved after the filing. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itIncome statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tabForm10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itBalance sheetFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	n/m	FY2025	Oct 15, 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 15, 2026, over the filed figures of FY2025: a price is in this figure, and it moved after the filing. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itCash flow statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	n/a	FY2025	Mar 17, 2026
n/a The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.
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 FY2025. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itIncome statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tabForm10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itBalance sheetFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	n/a	FY2025	Oct 15, 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 15, 2026, over the filed figures of FY2025: a price is in this figure, and it moved after the filing. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itCash flow statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	0.14	FY2025	Mar 17, 2026
FormulaTotal debt / shareholders equity As ofThe filing date of the statements below, for FY2025. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itBalance sheetFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	7.07	FY2025	Mar 17, 2026
FormulaCurrent assets / current liabilities As ofThe filing date of the statements below, for FY2025. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itBalance sheetFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	0.19x	FY2025	Oct 15, 2026
FormulaMarket capitalisation / revenue As ofThe close on Oct 15, 2026, over the filed figures of FY2025: a price is in this figure, and it moved after the filing. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itIncome statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	n/m	FY2025	Oct 15, 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 15, 2026, over the filed figures of FY2025: a price is in this figure, and it moved after the filing. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itIncome statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	-8.65	FY2025	Oct 15, 2026
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 15, 2026, over the filed figures of FY2025: a price is in this figure, and it moved after the filing. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itIncome statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tabForm10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itBalance sheetFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	-0.72	FY2025	Mar 17, 2026
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 FY2025. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itIncome statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tabForm10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itBalance sheetFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tabForm10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itCash flow statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab
	5/9	FY2025	Mar 17, 2026
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 FY2025. Form10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itIncome statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tabForm10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itBalance sheetFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tabForm10-KFiledMar 17, 2026PeriodFY2025Accession0001903596-26-000075What we read from itCash flow statementFY2025Open on SEC.gov, accession 0001903596-26-000075, leaves this page and opens in a new tab

The figures are computed from the accounts for fiscal 2025, the newest full year on file. 5 filed fiscal years on record, FY2021 to FY2025, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 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

7 fiscal years, FY2019 to FY2025. 5 read from the annual reports Expion360 Inc filed with the SEC, each naming its filing; the rest from statements that name none, which are market data. Amounts in USD, as reported.

Expion360 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
FY2025	9.7M	-10.7M	-6.2M	-13.56	-6.2M	-110.9%	-95.4%	10-K, Mar 17, 20260001903596-26-000075
FY2024	5.6M	-6.8M	-13.5M	-252.36	-9.7M	-120.1%	-535.3%	10-K, Mar 31, 20250001903596-25-000145
FY2023	6.0M	-7.2M	-7.5M	-1299.00	-5.6M	-119.9%	-139.4%	10-K, Mar 28, 20240001903596-24-000170
FY2022	7.2M	-6.0M	-7.5M	n/a	-6.0M	-83.1%	-64.9%	10-K, Mar 30, 20230001903596-23-000244
FY2021	4.5M	-1.3M	-4.7M	n/a	-4.0M	-28.0%	-209.2%	10-K, Mar 30, 20230001903596-23-000244
FY2020	1.6M	-753.9K	-876.5K	n/a	-1.2M	-48.0%	n/m	Market data, supplied Oct 15, 2026accession n/a
FY2019	1.4M	-102.1K	-201.3K	n/a	-132.1K	-7.2%	n/m	Market data, supplied Oct 15, 2026accession n/a

Revenue, compound annual growth FY2019 to FY2025: 37.8%
Earnings: Earnings was not positive in both 2019 and 2025, 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 2023 and 2025, 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 2019 and 2025, 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

Expion360 Inc: accounting screens and published tests, each with its source
Figure	Value, source and document
Beneish M-score	-0.72 ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Piotroski F-score	5/9 ComputedFY2025 10-K, filed Mar 17, 2026, 0001903596-26-000075
Named tests met	4 of 30 Computed
Beta	1.99 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 4 met, 18 not met, 8 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: Deep value; Book or below, low debt (Walter Schloss); Tangible book or below; Cheapest quarter on P/B (David Dreman)
Does not: Defensive investor (Benjamin Graham); Large cap, low P/E; High F-score, low P/B (Joseph Piotroski); Three forensic scores; High returns and growth; Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; High yield, low payout; Dividends and buybacks; Low beta, profitable; Near the 52-week low; Z-score and coverage (Edward Altman); High returns, low debt; Owner earnings yield; High return on tangibles; Low P/S, rising earnings (James O'Shaughnessy); Cash-flow yield and ROIC; Clean books, high ROIC
Not measured: Earnings yield and ROIC (Joel Greenblatt); Low PEG, low debt (Peter Lynch); ROIC at or above WACC; Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); Cash-covered dividend; 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(14)

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: We do not hold this figure for this company, so there is nothing to show.
Return on Invested Capital: The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.
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: EBITDA is zero or negative, so a multiple of it is not meaningful.
Interest Coverage: The interest line is filed as a negative amount (net interest income, or a sign convention), so coverage is not computed.
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.
ROIC-WACC Spread: We do not hold this figure for this company, so there is nothing to show.
Price To Ncav: The filed share count no longer matches today's share, after a split or new shares since the fiscal year, so the two do not compare.
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.
Dividend Coverage Ratio: We do not hold this figure for this company, so there is nothing to show.
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 the founder: 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

14 figures could not be read on this company, among them P/E Ratio, EV/EBIT, Return on Invested Capital. Each blank in the table above names the rest, with its reason. 8 named tests come back incomplete because of them, which is neither met nor missed.
We hold 5 filed fiscal years rather than 10, so the run above is shorter than a full decade and is counted as what it is.

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, by fiscal year

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