Recent News
On April 21, 2026 the company held its 2026 annual meeting and shareholders approved corporate proposals; the Board subsequently authorized a share repurchase program—up to 200,000 shares not exceeding $15.0 million effective April 22, 2026 and running through April 22, 2029.
Technical Analysis
Directional indicators show limited trend strength overall: ADX sits at 16.9, indicating no strong trend, but directional movement favors the bulls with DI+ at 30.29 currently rising from a dip, which represents a bullish shift, while DI- at 19.66 declines—also supportive of near-term upside. The combined DI behavior increases the likelihood that recent upside can persist into the coming weeks.
MACD registers 1.23 with the MACD line above the 0.82 signal line and the MACD has moved up from a prior dip; the cross above the signal line constitutes a bullish momentum signal, reinforcing the directional-positive case for price continuation.
MRO reads 18.28 and is increasing; because MRO sits positive, price stands above the model target and faces a higher propensity to revert downward toward that target, implying any rapid gains may encounter mean-reversion pressure even as momentum holds.
RSI at 55.95 has completed a dip-and-reversal pattern, supporting continued buying interest without overbought extremes; the RSI level aligns with constructive momentum while leaving room for further gains before overstretch conditions.
Price sits at $70.99, above the 12-day EMA of $68.25 (increasing) and above the 20-day average of $67.80, which places current action on the shorter-term bullish side; the 200-day average of $60.92 provides a longer-term support reference well below current price. Bollinger boundaries show the upper 2σ at $72.02 and lower 2σ at $63.59; the stock trades near the upper band, which can compress volatility and feed the MRO reversion signal if momentum stalls. Ichimoku lines cluster in the mid-$60s, offering a zone of support aligned with the super trend lower at $65.57.
Volume remains modest but slightly above recent averages: daily volume of 10,605 compares with a 10-day average of 9,544 and 200-day average of 9,062, supporting moves without abnormal volume spikes. Short-term beta is negative over 42 days (‑0.53) while the 52-week beta sits at 0.35, indicating muted correlation with broader equity swings and a tendency toward idiosyncratic moves.
Fundamental Analysis
EPS for the most recent reported quarter came in at $2.16 versus an estimate of $1.98, a $0.18 beat representing a 9.09% surprise. The company reported net income of $10,376,000 and operating cash flow of $18,018,000 for the period ending 2026-03-31; cash on hand totaled $36,925,000. These results contribute to the valuation context and support the constructive near-term sentiment.
Price-to-earnings stands at 29.38 while forward P/E equals 30.70. Book value measures $71.51 with a price near $70.99, producing a price-to-book of 0.89. The price-to-book falls below the industry peer mean of 1.08846 and below the industry peer median of 1.32816, indicating a discount to peers on a book basis. Similarly, the trailing P/E registers below the industry peer mean of 54.34407 and the industry peer median of 53.87523, which frames the current multiple as modest relative to the peer set.
QoQ and YoY dynamics: P/B advanced roughly 4.66% QoQ and declined about 0.88% YoY; trailing P/E rose roughly 7.40% QoQ and fell about 18.95% YoY. Free cash flow yield stands at 5.87% and improved materially on a YoY basis; free cash flow grew 118.95% YoY by the provided metric, and free cash to net income sits at 1.72, indicating cash generation ahead of accounting earnings. Dividend yield equals 0.79% with dividend coverage near 4.32x.
Profitability metrics remain modest: return on assets measures 0.34%, slightly below the industry peer mean of 0.382%, while return on equity reads 3.02%, below the industry peer mean of 4.934%. Asset growth shows a slight contraction of ‑1.243% and earnings growth metrics show mixed signals with a reported YoY earnings change of ‑80.743% while the most recent sequential indicators show compression QoQ; revenue displayed a sizable YoY increase by the supplied figure (156.16%), and operating revenue dynamics and net interest income of $25,691,000 support core franchise cash generation. Debt metrics remain conservative with debt-to-assets at 6.57% and total equity of $343,578,000.
The current valuation as determined by WMDST registers as under-valued given the combination of below-peer price-to-book and a lower P/E relative to the industry peer mean, supported by positive free cash flow yield and a recent EPS beat; these fundamentals provide context for the technical momentum noted earlier.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-04-29 |
| NEXT REPORT DATE: | 2026-07-29 |
| CASH FLOW | Begin Period Cash Flow | $ 34.3 M |
| Operating Cash Flow | $ 18.0 M | |
| Capital Expenditures | $ -125.00 K | |
| Change In Working Capital | $ 375.0 K | |
| Dividends Paid | $ -2.40 M | |
| Cash Flow Delta | $ -1.19 M | |
| End Period Cash Flow | $ 33.1 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 29.8 M | |
| Forward Revenue | $ 7.2 M | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | $ 364.0 K | |
| Depreciation and Amortization | $ 470.0 K | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | $ 39.9 M | |
| Interest Expense | $ 14.2 M | |
| Net Interest Income | $ 25.7 M | |
| Income Before Tax | $ 12.7 M | |
| Tax Provision | $ 2.3 M | |
| Tax Rate | 18.312 % | |
| Net Income | $ 10.4 M | |
| Net Income From Continuing Operations | $ 10.4 M | |
| EARNINGS | ||
| EPS Estimate | $ 1.98 | |
| EPS Actual | $ 2.16 | |
| EPS Difference | $ 0.18 | |
| EPS Surprise | 9.091 % | |
| Forward EPS | $ 2.08 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 3.0 B | |
| Intangible Assets | $ 87.8 M | |
| Net Tangible Assets | $ 255.7 M | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | $ 36.9 M | |
| Net Receivables | $ 10.9 M | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | $ 3.7 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | $ 161.8 M | |
| Total Debt | $ 198.7 M | |
| Total Liabilities | $ 2.7 B | |
| EQUITY | ||
| Total Equity | $ 343.6 M | |
| Retained Earnings | $ 221.6 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 71.51 | |
| Shares Outstanding | 4.805 M | |
| Revenue Per-Share | $ 6.20 | |
| VALUATION | Market Capitalization | $ 304.9 M |
| Enterprise Value | $ 503.6 M | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | 16.899 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 8.809 | |
| Asset To Liability | 1.128 | |
| Debt To Capital | 0.366 | |
| Debt To Assets | 0.066 | |
| Debt To Assets QoQ | -31.537 % | |
| Debt To Assets YoY | -34.415 % | |
| Debt To Assets IPRWA | high: 0.242 mean: 0.163 median: 0.159 CZFS: 0.066 low: 0.002 |
|
| Debt To Equity | 0.578 | |
| Debt To Equity QoQ | -33.478 % | |
| Debt To Equity YoY | -40.956 % | |
| Debt To Equity IPRWA | high: 4.312 median: 2.341 mean: 2.114 CZFS: 0.578 low: 0.017 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.887 | |
| Price To Book QoQ | 4.656 % | |
| Price To Book YoY | -0.881 % | |
| Price To Book IPRWA | high: 2.882 median: 1.328 mean: 1.088 CZFS: 0.887 low: 0.001 |
|
| Price To Earnings (P/E) | 29.378 | |
| Price To Earnings QoQ | 7.399 % | |
| Price To Earnings YoY | -18.947 % | |
| Price To Earnings IPRWA | high: 70.027 mean: 54.344 median: 53.875 CZFS: 29.378 low: 0.034 |
|
| PE/G Ratio | -32.037 | |
| Price To Sales (P/S) | 10.231 | |
| Price To Sales QoQ | 5.674 % | |
| Price To Sales YoY | -2.043 % | |
| Price To Sales IPRWA | high: 28.872 CZFS: 10.231 median: 8.597 mean: 7.508 low: 0.006 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 30.695 | |
| Forward PE/G | -33.473 | |
| Forward P/S | 42.536 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.01 | |
| Asset Turnover Ratio QoQ | 1.241 % | |
| Asset Turnover Ratio YoY | 11.886 % | |
| Asset Turnover Ratio IPRWA | high: 0.025 mean: 0.011 median: 0.011 CZFS: 0.01 low: 0.004 |
|
| Receivables Turnover | 2.755 | |
| Receivables Turnover Ratio QoQ | 2.846 % | |
| Receivables Turnover Ratio YoY | 10.608 % | |
| Receivables Turnover Ratio IPRWA | high: 3.666 CZFS: 2.755 median: 2.0 mean: 1.845 low: 0.256 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 33.127 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 42.034 mean: 31.604 low: 29.772 median: 29.772 CZFS: 0 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | -0.004 | |
| CapEx To Depreciation | -0.343 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 542.3 M | |
| Net Invested Capital | $ 542.3 M | |
| Invested Capital | $ 542.3 M | |
| Net Tangible Assets | $ 255.7 M | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 4.173 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 4.32 | |
| Dividend Payout Ratio | 0.232 | |
| Dividend Rate | $ 0.50 | |
| Dividend Yield | 0.008 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -1.243 % | |
| Revenue Growth | 2.121 % | |
| Revenue Growth QoQ | -65.54 % | |
| Revenue Growth YoY | 156.159 % | |
| Revenue Growth IPRWA | high: 25.524 % CZFS: 2.121 % mean: 0.363 % median: -1.929 % low: -16.051 % |
|
| Earnings Growth | -0.917 % | |
| Earnings Growth QoQ | -121.296 % | |
| Earnings Growth YoY | -80.743 % | |
| Earnings Growth IPRWA | high: 49.694 % mean: 4.055 % median: 3.333 % CZFS: -0.917 % low: -29.412 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 17.9 M | |
| Free Cash Flow Yield | 5.868 % | |
| Free Cash Flow Yield QoQ | 0.964 % | |
| Free Cash Flow Yield YoY | 56.355 % | |
| Free Cash Flow Yield IPRWA | high: 35.898 % CZFS: 5.868 % median: 1.458 % mean: -0.088 % low: -4.948 % |
|
| Free Cash Growth | 7.407 % | |
| Free Cash Growth QoQ | -98.548 % | |
| Free Cash Growth YoY | 118.948 % | |
| Free Cash Growth IPRWA | high: 219.58 % CZFS: 7.407 % median: -120.96 % mean: -156.371 % low: -635.913 % |
|
| Free Cash To Net Income | 1.724 | |
| Cash Flow Margin | 37.651 % | |
| Cash Flow To Earnings | 1.081 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 0.341 % | |
| Return On Assets QoQ | -0.583 % | |
| Return On Assets YoY | 35.317 % | |
| Return On Assets IPRWA | high: 0.614 % median: 0.396 % mean: 0.382 % CZFS: 0.341 % low: 0.034 % |
|
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | 0.03 | |
| Return On Equity QoQ | -2.612 % | |
| Return On Equity YoY | 22.168 % | |
| Return On Equity IPRWA | high: 0.058 mean: 0.049 median: 0.049 CZFS: 0.03 low: 0.003 |
|
| DuPont ROE | 3.046 % | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |