Recent News
On October 17, 2025, Taylor Devices held its annual meeting; shareholders elected Robert Carey as a Class 3 director, ratified Lumsden & McCormick, LLP as the independent registered public accounting firm for the fiscal year ending May 31, 2026, and approved the Taylor Devices, Inc. 2025 Stock Option Plan. Proxy and Form 8‑K filings report vote tallies and formal adoption of the plan.
Technical Analysis
Directional indicators: DI+ stands at 33.78 and the DI+ trend shows increasing, while DI− registered 17.02 and its trend shows peak & reversal; ADX reads 23.77, indicating an emerging trend strength. Together these directional readings bias the near-term outlook upward, supporting the valuation’s fair-value stance.
MACD: MACD sits at 1.72 with a MACD signal of 1.06 and the MACD_trend shows a dip & reversal; MACD currently above its signal line, a bullish momentum confirmation that aligns with the DI+ signal and favors further upside in the coming weeks.
MRO (Momentum/Regression Oscillator): MRO reads 24.1 with a peak & reversal trend; because MRO is positive, price sits above the model target and carries an increased probability of downward reversion, which tempers momentum-driven upside.
RSI and momentum averages: RSI at 58.02 with an increasing trend indicates constructive momentum short of overbought conditions. Price trades above the 12‑day EMA (price12dayEMA 51.00, increasing) and above the 20‑day average, reinforcing a bullish short-term bias versus longer-term averages (200‑day average $41.42).
Price context and volatility: Current close $57.45 sits near the 52‑week high ($56.49) and above the superTrend lower level ($51.61); Bollinger bands show a 1‑stddev upper at $53.08 and a 2‑stddev upper at $56.28, implying price recently traded outside the typical 20‑day band and that short-term volatility supports both upside continuation and mean reversion pressure.
Fundamental Analysis
Profitability: EBIT equals $2,245,267 and EBIT margin registers 22.64%. EBIT margin fell QoQ by 6.28% and fell YoY by 9.46%. Compared with the industry peer mean EBIT margin of 23.60% and industry peer median of 27.69%, Taylor Devices’ EBIT margin sits slightly below the industry peer mean and below the industry peer median, indicating margin performance marginally behind typical peers.
Revenue and earnings: Total revenue shows $9,918,350. Revenue growth QoQ shows −176.68% while revenue growth YoY shows 877.94%. Net income equals $2,190,084. Reported EPS actual reached $0.70 versus an estimate of $0.69, producing an EPS surprise of 1.45%; forward EPS stands at $0.7175 with a forward P/E of 60.50.
Cash flow and liquidity: Operating cash flow equals $483,628 and free cash flow equals $298,641; free cash flow yield equals 0.21% and declined QoQ by 42.34%. Cash and short‑term investments total $36,304,470 and cash alone registers $2,153,006; current ratio equals 9.21 and quick ratio equals 7.80, reflecting a strong liquidity position relative to typical coverage needs.
Capital efficiency and returns: Asset turnover stands at 0.14, below the industry peer mean of 0.196, indicating lower revenue generation per dollar of assets. Return on equity measures 3.41% and return on assets measures 3.09%; both lie below the industry peer means for those metrics, signaling returns on invested capital that trail peer averages.
Margins and conversion: Gross margin equals 44.75% with a slight QoQ decline of 7.88% and YoY decline of 5.53%. Cash flow margin equals 32.73% and operating margin equals 22.64%. Cash conversion cycle sits at 129.06 days compared with the industry peer mean of 123.27 days, indicating slightly longer working‑capital absorption.
Valuation summary: Price multiples show P/E at 65.36 and P/B at 2.24; industry peer mean P/E equals 90.01 and industry peer mean P/B equals 3.91, putting the company’s multiples below peer means on those measures. WMDST values the stock as fair‑valued, reflecting the mixed picture of strong liquidity and profitability but modest capital efficiency and low free cash flow yield relative to typical peer expectations.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-08-31 |
| REPORT DATE: | 2025-10-01 |
| NEXT REPORT DATE: | 2025-12-31 |
| CASH FLOW | Begin Period Cash Flow | $ 1.2 M |
| Operating Cash Flow | $ 483.6 K | |
| Capital Expenditures | $ -184.99 K | |
| Change In Working Capital | $ -2.66 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 962.4 K | |
| End Period Cash Flow | $ 2.2 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 9.9 M | |
| Forward Revenue | $ 2.6 M | |
| COSTS | ||
| Cost Of Revenue | $ 5.5 M | |
| Depreciation | $ 452.8 K | |
| Depreciation and Amortization | $ 458.4 K | |
| Research and Development | $ 80.8 K | |
| Total Operating Expenses | $ 7.7 M | |
| PROFITABILITY | ||
| Gross Profit | $ 4.4 M | |
| EBITDA | $ 2.7 M | |
| EBIT | $ 2.2 M | |
| Operating Income | $ 2.2 M | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | $ 2.6 M | |
| Tax Provision | $ 439.0 K | |
| Tax Rate | 16.698 % | |
| Net Income | $ 2.2 M | |
| Net Income From Continuing Operations | $ 2.2 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.69 | |
| EPS Actual | $ 0.70 | |
| EPS Difference | $ 0.01 | |
| EPS Surprise | 1.449 % | |
| Forward EPS | $ 0.72 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 70.3 M | |
| Intangible Assets | $ 264.8 K | |
| Net Tangible Assets | $ 64.0 M | |
| Total Current Assets | $ 55.6 M | |
| Cash and Short-Term Investments | $ 36.3 M | |
| Cash | $ 2.2 M | |
| Net Receivables | $ 4.5 M | |
| Inventory | $ 8.5 M | |
| Long-Term Investments | $ 1.5 M | |
| LIABILITIES | ||
| Accounts Payable | $ 1.0 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 6.0 M | |
| Net Debt | — | |
| Total Debt | — | |
| Total Liabilities | $ 6.0 M | |
| EQUITY | ||
| Total Equity | $ 64.3 M | |
| Retained Earnings | $ 62.7 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 20.42 | |
| Shares Outstanding | 3.146 M | |
| Revenue Per-Share | $ 3.15 | |
| VALUATION | Market Capitalization | $ 143.9 M |
| Enterprise Value | — | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.094 | |
| Asset To Liability | 11.638 | |
| Debt To Capital | — | |
| Debt To Assets | — | |
| Debt To Assets QoQ | — | |
| Debt To Assets YoY | — | |
| Debt To Assets IPRWA | — | |
| Debt To Equity | — | |
| Debt To Equity QoQ | — | |
| Debt To Equity YoY | — | |
| Debt To Equity IPRWA | — | |
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 2.24 | |
| Price To Book QoQ | 1.539 % | |
| Price To Book YoY | -27.31 % | |
| Price To Book IPRWA | high: 10.413 mean: 3.911 median: 3.131 TAYD: 2.24 low: -4.458 |
|
| Price To Earnings (P/E) | 65.362 | |
| Price To Earnings QoQ | 61.722 % | |
| Price To Earnings YoY | 4.864 % | |
| Price To Earnings IPRWA | high: 179.822 median: 90.943 mean: 90.009 TAYD: 65.362 low: -26.477 |
|
| PE/G Ratio | -1.999 | |
| Price To Sales (P/S) | 14.513 | |
| Price To Sales QoQ | 64.974 % | |
| Price To Sales YoY | 1.451 % | |
| Price To Sales IPRWA | high: 40.54 median: 16.43 mean: 15.888 TAYD: 14.513 low: 0.443 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 60.504 | |
| Forward PE/G | -1.851 | |
| Forward P/S | 56.322 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.11 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.14 | |
| Asset Turnover Ratio QoQ | -36.328 % | |
| Asset Turnover Ratio YoY | -24.821 % | |
| Asset Turnover Ratio IPRWA | high: 0.473 mean: 0.196 median: 0.173 TAYD: 0.14 low: 0.047 |
|
| Receivables Turnover | 1.96 | |
| Receivables Turnover Ratio QoQ | -22.454 % | |
| Receivables Turnover Ratio YoY | 1.131 % | |
| Receivables Turnover Ratio IPRWA | high: 2.214 TAYD: 1.96 mean: 1.393 median: 1.388 low: 0.835 |
|
| Inventory Turnover | 0.659 | |
| Inventory Turnover Ratio QoQ | -30.281 % | |
| Inventory Turnover Ratio YoY | -15.514 % | |
| Inventory Turnover Ratio IPRWA | high: 2.264 mean: 1.019 median: 0.993 TAYD: 0.659 low: 0.25 |
|
| Days Sales Outstanding (DSO) | 46.568 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 129.058 | |
| Cash Conversion Cycle Days QoQ | -12.271 % | |
| Cash Conversion Cycle Days YoY | -6.867 % | |
| Cash Conversion Cycle Days IPRWA | high: 204.825 TAYD: 129.058 mean: 123.265 median: 118.386 low: -29.788 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.2 | |
| CapEx To Revenue | -0.019 | |
| CapEx To Depreciation | -0.409 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 64.3 M | |
| Net Invested Capital | $ 64.3 M | |
| Invested Capital | $ 64.3 M | |
| Net Tangible Assets | $ 64.0 M | |
| Net Working Capital | $ 49.6 M | |
| LIQUIDITY | ||
| Cash Ratio | 6.011 | |
| Current Ratio | 9.21 | |
| Current Ratio QoQ | 56.661 % | |
| Current Ratio YoY | 52.869 % | |
| Current Ratio IPRWA | TAYD: 9.21 high: 7.335 mean: 2.258 median: 1.993 low: 0.206 |
|
| Quick Ratio | 7.802 | |
| Quick Ratio QoQ | 55.062 % | |
| Quick Ratio YoY | 55.983 % | |
| Quick Ratio IPRWA | TAYD: 7.802 high: 3.401 mean: 1.576 median: 1.241 low: 0.187 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | -23.943 % | |
| Interest Coverage Ratio | 5.186 | |
| Interest Coverage Ratio QoQ | -40.264 % | |
| Interest Coverage Ratio YoY | -22.708 % | |
| Interest Coverage Ratio IPRWA | high: 29.169 median: 14.987 mean: 11.913 TAYD: 5.186 low: -22.023 |
|
| Operating Cash Flow Ratio | 0.537 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 12.266 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -1.853 % | |
| Revenue Growth | -36.262 % | |
| Revenue Growth QoQ | -176.677 % | |
| Revenue Growth YoY | 877.94 % | |
| Revenue Growth IPRWA | high: 23.133 % mean: 1.336 % median: 0.843 % low: -23.202 % TAYD: -36.262 % |
|
| Earnings Growth | -32.692 % | |
| Earnings Growth QoQ | — | |
| Earnings Growth YoY | -139.91 % | |
| Earnings Growth IPRWA | high: 71.429 % median: 7.5 % mean: 3.907 % TAYD: -32.692 % low: -88.608 % |
|
| MARGINS | ||
| Gross Margin | 44.753 % | |
| Gross Margin QoQ | -7.878 % | |
| Gross Margin YoY | -5.529 % | |
| Gross Margin IPRWA | high: 64.244 % TAYD: 44.753 % median: 44.494 % mean: 44.441 % low: 15.923 % |
|
| EBIT Margin | 22.638 % | |
| EBIT Margin QoQ | -6.276 % | |
| EBIT Margin YoY | -9.462 % | |
| EBIT Margin IPRWA | high: 31.134 % median: 27.692 % mean: 23.598 % TAYD: 22.638 % low: -34.411 % |
|
| Return On Sales (ROS) | 22.638 % | |
| Return On Sales QoQ | -6.276 % | |
| Return On Sales YoY | -9.462 % | |
| Return On Sales IPRWA | high: 27.728 % median: 26.891 % mean: 23.175 % TAYD: 22.638 % low: -3.602 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 298.6 K | |
| Free Cash Flow Yield | 0.207 % | |
| Free Cash Flow Yield QoQ | -42.34 % | |
| Free Cash Flow Yield YoY | -108.969 % | |
| Free Cash Flow Yield IPRWA | high: 6.846 % mean: 1.368 % median: 1.219 % TAYD: 0.207 % low: -5.283 % |
|
| Free Cash Growth | -39.218 % | |
| Free Cash Growth QoQ | -58.473 % | |
| Free Cash Growth YoY | -75.852 % | |
| Free Cash Growth IPRWA | high: 251.423 % median: 87.724 % mean: 58.06 % TAYD: -39.218 % low: -623.214 % |
|
| Free Cash To Net Income | 0.136 | |
| Cash Flow Margin | 32.726 % | |
| Cash Flow To Earnings | 1.482 | |
| VALUE & RETURNS | ||
| Economic Value Added | — | |
| Return On Assets (ROA) | 3.087 % | |
| Return On Assets QoQ | -40.669 % | |
| Return On Assets YoY | -27.671 % | |
| Return On Assets IPRWA | high: 5.102 % median: 3.609 % mean: 3.417 % TAYD: 3.087 % low: -4.618 % |
|
| Return On Capital Employed (ROCE) | 3.495 % | |
| Return On Equity (ROE) | 0.034 | |
| Return On Equity QoQ | -42.648 % | |
| Return On Equity YoY | -31.062 % | |
| Return On Equity IPRWA | high: 0.163 median: 0.042 mean: 0.042 TAYD: 0.034 low: -0.112 |
|
| DuPont ROE | 3.468 % | |
| Return On Invested Capital (ROIC) | 2.911 % | |
| Return On Invested Capital QoQ | -45.872 % | |
| Return On Invested Capital YoY | -137.182 % | |
| Return On Invested Capital IPRWA | high: 7.234 % median: 4.796 % mean: 4.75 % TAYD: 2.911 % low: -6.738 % |
|