Recent News
August 27, 2025 — Board declared a quarterly cash dividend of $0.08 per share payable October 1, 2025, to holders of record on September 17, 2025. August 20, 2025 — Company scheduled second-quarter fiscal 2025 results for release before market open on September 3, 2025 and announced a management-hosted conference call for that date.
Technical Analysis
ADX at 26.59 indicates a meaningful trend strength; paired with a falling DI+ (18.8) and a rising DI- (14.75) the directional bias tilts bearish, signaling the current trend strength favors downside pressure relative to the recent valuation level.
MACD sits at 0.10 below its signal line at 0.30 and shows a decreasing MACD_trend, indicating bearish momentum that aligns with the directional indicators and suggests limited near-term bullish follow-through.
MRO at -7.49 reads negative, which signals the price sits below the model target and therefore carries potential for upward mean reversion; that potential contrasts with momentum indicators and implies any bounce could remain choppy until momentum improves.
RSI at 52.91 with a decreasing trend signals waning momentum from neutral levels rather than clear overbought/oversold extremes, supporting a view of consolidation unless other momentum indicators reverse.
Price relationships add context: last close $16.74 sits below the 20-day average $17.70, below the 50-day average $16.84, and well below the 200-day average $19.02, placing the stock near short-term support and under longer-term resistance levels; the SuperTrend upper at $18.16 and the 1x Bollinger upper at $18.36 act as nearby resistance bands.
Volatility and volume tilt toward lower participation: 42-day beta 2.35 signals elevated short-term sensitivity to market moves while the most recent volume (57,327) runs below the 10-day average (69,398) and the 50-/200-day averages, implying moves lack broad conviction.
Fundamental Analysis
Profitability and cash flow present a constructive fiscal picture. EBIT of $17,281,000 and an EBIT margin of 11.22% contrast with the industry peer mean EBIT margin of 10.70% and fall slightly short of the industry peer median of 12.16%; quarter-over-quarter EBIT margin fell by 11.37% while year-over-year EBIT margin rose by 16.22%, indicating recent margin compression from the prior quarter but improvement versus the prior year.
Net income $10,515,000 and EPS actual $0.81 beat the estimate $0.75 by $0.06, an EPS surprise of 8.0%, which supports current earnings resilience despite softer top-line momentum.
Free cash flow $16,610,000 yields 6.74% and free cash flow to net income sits at 157.97%, reinforcing strong cash conversion versus earnings. Operating cash flow $19,362,000 and end-period cash $45,523,000 underpin liquidity; cash conversion ratio stands at 11.67% and cash ratio at 38.85%.
Leverage metrics show heavier debt load: total debt $222,485,000 produces debt-to-equity 1.83 and debt-to-EBITDA ~9.85x, while interest coverage stands at 6.32x, below the industry peer mean interest coverage of 16.81x; these figures indicate meaningful leverage relative to peer coverage levels and merit monitoring alongside cash generation.
Top-line growth reads mixed: headline revenue growth registers 0.24% while reported revenue growth year-over-year shows a decline of 106.08% year-over-year; quarter-over-quarter revenue change shows a sharp decline as well. Inventory ended at $55,268,000 with days inventory outstanding ~122 days and a cash conversion cycle ~30 days.
Valuation context: price-to-earnings ~19.93, forward P/E ~17.21, enterprise multiple ~18.74, price-to-book ~2.03 (below the industry peer mean P/B of 3.80 and below the industry peer median of 3.34). WMDST values the stock as under-valued, a stance supported by positive free cash flow yield and the recent dividend declaration, but tempered by elevated leverage and mixed revenue momentum.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-07-31 |
| REPORT DATE: | 2025-09-03 |
| NEXT REPORT DATE: | 2025-12-02 |
| CASH FLOW | Begin Period Cash Flow | $ 31.6 M |
| Operating Cash Flow | $ 19.4 M | |
| Capital Expenditures | $ -2.75 M | |
| Change In Working Capital | $ -1.93 M | |
| Dividends Paid | $ -1.22 M | |
| Cash Flow Delta | $ 14.3 M | |
| End Period Cash Flow | $ 45.9 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 154.0 M | |
| Forward Revenue | $ 52.1 M | |
| COSTS | ||
| Cost Of Revenue | $ 48.6 M | |
| Depreciation | $ 5.3 M | |
| Depreciation and Amortization | $ 5.3 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 137.2 M | |
| PROFITABILITY | ||
| Gross Profit | $ 105.4 M | |
| EBITDA | $ 22.6 M | |
| EBIT | $ 17.3 M | |
| Operating Income | $ 16.8 M | |
| Interest Income | $ 498.0 K | |
| Interest Expense | $ 2.7 M | |
| Net Interest Income | $ -2.23 M | |
| Income Before Tax | $ 14.5 M | |
| Tax Provision | $ 4.0 M | |
| Tax Rate | 27.722 % | |
| Net Income | $ 10.5 M | |
| Net Income From Continuing Operations | $ 10.5 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.75 | |
| EPS Actual | $ 0.81 | |
| EPS Difference | $ 0.06 | |
| EPS Surprise | 8.0 % | |
| Forward EPS | $ 0.94 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 436.5 M | |
| Intangible Assets | $ 118.4 M | |
| Net Tangible Assets | $ 3.1 M | |
| Total Current Assets | $ 130.4 M | |
| Cash and Short-Term Investments | $ 45.5 M | |
| Cash | $ 45.5 M | |
| Net Receivables | $ 6.5 M | |
| Inventory | $ 55.3 M | |
| Long-Term Investments | $ 7.4 M | |
| LIABILITIES | ||
| Accounts Payable | $ 47.2 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 117.2 M | |
| Net Debt | $ 24.5 M | |
| Total Debt | $ 222.5 M | |
| Total Liabilities | $ 315.0 M | |
| EQUITY | ||
| Total Equity | $ 121.5 M | |
| Retained Earnings | $ -114.44 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 7.95 | |
| Shares Outstanding | 15.227 M | |
| Revenue Per-Share | $ 10.08 | |
| VALUATION | Market Capitalization | $ 246.4 M |
| Enterprise Value | $ 423.4 M | |
| Enterprise Multiple | 18.744 | |
| Enterprise Multiple QoQ | 0.307 % | |
| Enterprise Multiple YoY | -0.625 % | |
| Enterprise Multiple IPRWA | high: 105.517 mean: 49.459 median: 48.494 JILL: 18.744 low: -11.538 |
|
| EV/R | 2.749 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.593 | |
| Asset To Liability | 1.386 | |
| Debt To Capital | 0.647 | |
| Debt To Assets | 0.51 | |
| Debt To Assets QoQ | -1.968 % | |
| Debt To Assets YoY | 4454.87 % | |
| Debt To Assets IPRWA | high: 1.051 JILL: 0.51 mean: 0.418 median: 0.345 low: 0.22 |
|
| Debt To Equity | 1.831 | |
| Debt To Equity QoQ | -8.901 % | |
| Debt To Equity YoY | 3681.784 % | |
| Debt To Equity IPRWA | high: 4.701 JILL: 1.831 mean: 1.2 median: 0.879 low: -2.166 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 2.028 | |
| Price To Book QoQ | -15.748 % | |
| Price To Book YoY | -54.327 % | |
| Price To Book IPRWA | high: 8.446 mean: 3.797 median: 3.339 JILL: 2.028 low: -4.028 |
|
| Price To Earnings (P/E) | 19.93 | |
| Price To Earnings QoQ | -0.545 % | |
| Price To Earnings YoY | -38.627 % | |
| Price To Earnings IPRWA | high: 151.774 median: 72.682 mean: 65.226 JILL: 19.93 low: -89.111 |
|
| PE/G Ratio | -2.505 | |
| Price To Sales (P/S) | 1.6 | |
| Price To Sales QoQ | -8.794 % | |
| Price To Sales YoY | -38.089 % | |
| Price To Sales IPRWA | high: 10.893 mean: 4.55 median: 4.295 JILL: 1.6 low: 0.22 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 17.211 | |
| Forward PE/G | -2.164 | |
| Forward P/S | 4.71 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -47.195 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.354 | |
| Asset Turnover Ratio QoQ | -1.932 % | |
| Asset Turnover Ratio YoY | -4.767 % | |
| Asset Turnover Ratio IPRWA | high: 0.608 JILL: 0.354 median: 0.345 mean: 0.324 low: 0.109 |
|
| Receivables Turnover | 19.433 | |
| Receivables Turnover Ratio QoQ | -9.004 % | |
| Receivables Turnover Ratio YoY | 0.03 % | |
| Receivables Turnover Ratio IPRWA | high: 90.77 JILL: 19.433 mean: 18.393 median: 15.181 low: 0.289 |
|
| Inventory Turnover | 0.84 | |
| Inventory Turnover Ratio QoQ | 18.244 % | |
| Inventory Turnover Ratio YoY | -3.063 % | |
| Inventory Turnover Ratio IPRWA | high: 1.735 mean: 0.968 JILL: 0.84 median: 0.749 low: 0.364 |
|
| Days Sales Outstanding (DSO) | 4.696 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 30.304 | |
| Cash Conversion Cycle Days QoQ | 6.221 % | |
| Cash Conversion Cycle Days YoY | 20.539 % | |
| Cash Conversion Cycle Days IPRWA | high: 351.932 median: 82.267 mean: 72.432 JILL: 30.304 low: 12.498 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 11.67 | |
| CapEx To Revenue | -0.018 | |
| CapEx To Depreciation | -0.519 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 191.5 M | |
| Net Invested Capital | $ 191.5 M | |
| Invested Capital | $ 191.5 M | |
| Net Tangible Assets | $ 3.1 M | |
| Net Working Capital | $ 13.2 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.389 | |
| Current Ratio | 1.113 | |
| Current Ratio QoQ | 12.848 % | |
| Current Ratio YoY | 25.656 % | |
| Current Ratio IPRWA | high: 2.461 mean: 1.523 median: 1.503 JILL: 1.113 low: 0.784 |
|
| Quick Ratio | 0.641 | |
| Quick Ratio QoQ | 28.748 % | |
| Quick Ratio YoY | 44.395 % | |
| Quick Ratio IPRWA | high: 1.528 JILL: 0.641 mean: 0.591 median: 0.554 low: 0.063 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 9.851 | |
| Cost Of Debt | 0.883 % | |
| Interest Coverage Ratio | 6.323 | |
| Interest Coverage Ratio QoQ | -9.331 % | |
| Interest Coverage Ratio YoY | 57.086 % | |
| Interest Coverage Ratio IPRWA | high: 52.0 median: 17.949 mean: 16.809 JILL: 6.323 low: -12.777 |
|
| Operating Cash Flow Ratio | 0.23 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 96.529 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 8.619 | |
| Dividend Payout Ratio | 0.116 | |
| Dividend Rate | $ 0.08 | |
| Dividend Yield | 0.005 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.834 % | |
| Revenue Growth | 0.236 % | |
| Revenue Growth QoQ | -96.873 % | |
| Revenue Growth YoY | -106.078 % | |
| Revenue Growth IPRWA | high: 40.558 % mean: 7.909 % median: 7.654 % JILL: 0.236 % low: -12.613 % |
|
| Earnings Growth | -7.955 % | |
| Earnings Growth QoQ | -104.546 % | |
| Earnings Growth YoY | -42.909 % | |
| Earnings Growth IPRWA | high: 285.714 % mean: 17.938 % median: 8.108 % JILL: -7.955 % low: -225.0 % |
|
| MARGINS | ||
| Gross Margin | 68.419 % | |
| Gross Margin QoQ | -4.757 % | |
| Gross Margin YoY | -2.906 % | |
| Gross Margin IPRWA | JILL: 68.419 % high: 62.634 % median: 39.15 % mean: 36.945 % low: 10.882 % |
|
| EBIT Margin | 11.222 % | |
| EBIT Margin QoQ | -11.366 % | |
| EBIT Margin YoY | 16.218 % | |
| EBIT Margin IPRWA | high: 18.428 % median: 12.163 % JILL: 11.222 % mean: 10.695 % low: -2.672 % |
|
| Return On Sales (ROS) | 10.902 % | |
| Return On Sales QoQ | -13.893 % | |
| Return On Sales YoY | 12.904 % | |
| Return On Sales IPRWA | high: 18.428 % median: 12.163 % JILL: 10.902 % mean: 10.235 % low: -3.764 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 16.6 M | |
| Free Cash Flow Yield | 6.741 % | |
| Free Cash Flow Yield QoQ | 595.666 % | |
| Free Cash Flow Yield YoY | 91.343 % | |
| Free Cash Flow Yield IPRWA | high: 7.329 % JILL: 6.741 % mean: 1.855 % median: 1.175 % low: -2.178 % |
|
| Free Cash Growth | 535.911 % | |
| Free Cash Growth QoQ | -8.48 % | |
| Free Cash Growth YoY | -2134.513 % | |
| Free Cash Growth IPRWA | JILL: 535.911 % high: 301.719 % median: -86.123 % mean: -95.925 % low: -534.848 % |
|
| Free Cash To Net Income | 1.58 | |
| Cash Flow Margin | 17.49 % | |
| Cash Flow To Earnings | 2.561 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 2.419 % | |
| Return On Assets QoQ | -12.004 % | |
| Return On Assets YoY | 23.23 % | |
| Return On Assets IPRWA | high: 4.767 % median: 3.138 % mean: 2.722 % JILL: 2.419 % low: -1.307 % |
|
| Return On Capital Employed (ROCE) | 5.411 % | |
| Return On Equity (ROE) | 0.087 | |
| Return On Equity QoQ | -17.123 % | |
| Return On Equity YoY | -4.523 % | |
| Return On Equity IPRWA | high: 0.115 JILL: 0.087 mean: 0.07 median: 0.068 low: -0.041 |
|
| DuPont ROE | 9.007 % | |
| Return On Invested Capital (ROIC) | 6.522 % | |
| Return On Invested Capital QoQ | -13.214 % | |
| Return On Invested Capital YoY | -114.418 % | |
| Return On Invested Capital IPRWA | high: 11.206 % JILL: 6.522 % mean: 6.299 % median: 5.305 % low: -1.999 % |
|