Technical Analysis
ADX / DI+/DI-: ADX at 19.15 indicates no established trend, yet directional readings show a bullish tilt: DIpositive displays a dip & reversal and DInegative exhibits a peak & reversal, which together bias the near-term price outlook upward even without a strong trend baseline.
MACD: MACD sits at -$0.05 and has crossed above its signal line (-$0.18), with the MACD trend increasing; that crossover constitutes a bullish momentum signal that supports the introduction of upside pressure relative to recent consolidation.
MRO: MRO equals -7.5, a negative value that implies the price sits below the model target and therefore carries potential to rise toward that target; the MRO trend shows a dip & reversal, reinforcing the short-term upside potential indicated by momentum metrics.
RSI: RSI at 43.65 with a dip & reversal signals recovery from a lower momentum state and room for additional upside before overbought territory; this complements the MACD crossover and MRO profile for a near-term constructive bias.
Price vs. Moving Averages & Bands: The $17.13 close trades above the 12-day EMA ($16.91) and 20-day average ($16.81) while remaining marginally below the 50-day average ($17.19) and well below the 200-day average ($20.11). Price action shows a dip & reversal inside the -2x Bollinger band envelope (lower bands near $15.85–$16.33), which frames current activity as a short-term recovery inside a longer-term consolidation band. Short-term support aligns with the superTrend lower level at $16.12; initial resistance clusters near the 50‑day average and the $20.11 200‑day level.
Volatility & Beta: 42‑day volatility reads low at 2%, while the 42‑day beta of 2.33 signals elevated sensitivity to recent market moves; that combination favors momentum-driven intramarket swings rather than steady directional trends.
Fundamental Analysis
Profitability: EBIT equals $2,128,536 and EBIT margin sits at 35.99%, above the industry peer mean of 4.495% and below the peer high of 47.583%. Operating margin matches at 35.99%, and return on equity equals 4.02% while return on assets equals 3.59%. Those margins provide clear operating strength and support the valuation premium embedded in market multiples.
Liquidity & Leverage: Cash and short-term investments total $28,134,321 and the current ratio equals 6.03x, both well above typical peer averages; total debt stands at $777,625, producing a debt-to-assets ratio of 1.42% and debt-to-equity of 1.59%, indicating a conservative leverage profile and ample liquidity to absorb near-term shocks.
Growth & Cash Flow: Trailing revenue totaled $5,913,732 with YoY revenue growth at -10.65% and QoQ revenue growth at 7.42%. EBITDA equals $2,473,293 and free cash flow equals $1,425,946, producing a free cash flow yield of 0.37% (slightly above the industry peer mean of 0.313%). Operating cash flow stands at $1,434,741 and cash flow to earnings equals 105.78%, showing conversion of earnings into cash.
Earnings & Estimates: Reported EPS was $0.10 versus an estimate of $0.09, an EPS surprise of +11.11%. Forward EPS equals $0.0975 and forward PE about 210.54, which sits slightly above the industry peer mean forward PE of ~208.43; the trailing PE reads ~208.46. Those multiples reflect high market expectations relative to absolute earnings and limited free cash flow yield.
Valuation Summary: WMDST values the stock as under-valued. Market-cap equals $380,883,129 and enterprise value equals $353,526,433, yielding an enterprise multiple of 142.94. Price-to-book stands at 7.79, below the industry peer mean of 14.54. The combination of above‑peer margins, strong cash, low leverage and subdued free cash flow yield explains why multiples appear elevated yet the WMDST assessment signals an under-valued profile under the current model assumptions.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-03-31 |
| REPORT DATE: | 2025-05-15 |
| NEXT REPORT DATE: | 2025-09-29 |
| CASH FLOW | Begin Period Cash Flow | $ 28.0 M |
| Operating Cash Flow | $ 1.4 M | |
| Capital Expenditures | — | |
| Change In Working Capital | $ -1.13 M | |
| Dividends Paid | $ -510.34 K | |
| Cash Flow Delta | $ -1.13 M | |
| End Period Cash Flow | $ 28.1 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 5.9 M | |
| Forward Revenue | $ 1.3 M | |
| COSTS | ||
| Cost Of Revenue | $ 911.7 K | |
| Depreciation | $ 344.8 K | |
| Depreciation and Amortization | $ 344.8 K | |
| Research and Development | — | |
| Total Operating Expenses | $ 4.1 M | |
| PROFITABILITY | ||
| Gross Profit | $ 5.0 M | |
| EBITDA | $ 2.5 M | |
| EBIT | $ 2.1 M | |
| Operating Income | $ 1.8 M | |
| Interest Income | $ 326.4 K | |
| Interest Expense | $ 12.8 K | |
| Net Interest Income | $ 313.6 K | |
| Income Before Tax | $ 2.1 M | |
| Tax Provision | $ 149.9 K | |
| Tax Rate | 7.087 % | |
| Net Income | $ 2.0 M | |
| Net Income From Continuing Operations | $ 2.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.09 | |
| EPS Actual | $ 0.10 | |
| EPS Difference | $ 0.01 | |
| EPS Surprise | 11.111 % | |
| Forward EPS | $ 0.10 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 54.8 M | |
| Intangible Assets | $ 21.1 M | |
| Net Tangible Assets | $ 27.8 M | |
| Total Current Assets | $ 32.8 M | |
| Cash and Short-Term Investments | $ 28.1 M | |
| Cash | $ 28.1 M | |
| Net Receivables | $ 3.6 M | |
| Inventory | — | |
| Long-Term Investments | $ 22.4 K | |
| LIABILITIES | ||
| Accounts Payable | $ 286.8 K | |
| Short-Term Debt | $ 230.2 K | |
| Total Current Liabilities | $ 5.4 M | |
| Net Debt | — | |
| Total Debt | $ 777.6 K | |
| Total Liabilities | $ 5.9 M | |
| EQUITY | ||
| Total Equity | $ 48.9 M | |
| Retained Earnings | $ -14.18 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 2.68 | |
| Shares Outstanding | 18.276 M | |
| Revenue Per-Share | $ 0.32 | |
| VALUATION | Market Capitalization | $ 380.9 M |
| Enterprise Value | $ 353.5 M | |
| Enterprise Multiple | 142.938 | |
| Enterprise Multiple QoQ | -19.705 % | |
| Enterprise Multiple YoY | 9.888 % | |
| Enterprise Multiple IPRWA | high: 1453.395 median: 577.313 mean: 506.527 TRAK: 142.938 low: -99.555 |
|
| EV/R | 59.781 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.121 | |
| Asset To Liability | 9.273 | |
| Debt To Capital | 0.016 | |
| Debt To Assets | 0.014 | |
| Debt To Assets QoQ | 144.905 % | |
| Debt To Assets YoY | 238.425 % | |
| Debt To Assets IPRWA | high: 0.598 mean: 0.164 median: 0.079 TRAK: 0.014 low: 0.009 |
|
| Debt To Equity | 0.016 | |
| Debt To Equity QoQ | 140.545 % | |
| Debt To Equity YoY | 243.413 % | |
| Debt To Equity IPRWA | high: 1.667 mean: 0.337 median: 0.103 TRAK: 0.016 low: -0.235 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 7.786 | |
| Price To Book QoQ | -4.336 % | |
| Price To Book YoY | 31.91 % | |
| Price To Book IPRWA | high: 29.088 mean: 14.541 median: 11.419 TRAK: 7.786 low: -1.447 |
|
| Price To Earnings (P/E) | 208.455 | |
| Price To Earnings QoQ | -21.954 % | |
| Price To Earnings YoY | 3.45 % | |
| Price To Earnings IPRWA | high: 389.149 median: 389.149 mean: 342.284 TRAK: 208.455 low: -53.638 |
|
| PE/G Ratio | 8.338 | |
| Price To Sales (P/S) | 64.407 | |
| Price To Sales QoQ | -9.347 % | |
| Price To Sales YoY | 19.404 % | |
| Price To Sales IPRWA | TRAK: 64.407 high: 53.47 median: 53.47 mean: 46.711 low: 0.089 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 210.541 | |
| Forward PE/G | 8.422 | |
| Forward P/S | 284.278 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 3.129 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.108 | |
| Asset Turnover Ratio QoQ | 5.235 % | |
| Asset Turnover Ratio YoY | 7.908 % | |
| Asset Turnover Ratio IPRWA | high: 0.352 mean: 0.165 median: 0.163 TRAK: 0.108 low: 0.037 |
|
| Receivables Turnover | 1.696 | |
| Receivables Turnover Ratio QoQ | 3.025 % | |
| Receivables Turnover Ratio YoY | 26.316 % | |
| Receivables Turnover Ratio IPRWA | high: 13.447 median: 10.297 mean: 9.675 TRAK: 1.696 low: 0.165 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 53.815 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 27.479 | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 137.944 TRAK: 27.479 mean: -25.45 median: -28.714 low: -119.371 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.216 | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 49.3 M | |
| Net Invested Capital | $ 49.5 M | |
| Invested Capital | $ 49.5 M | |
| Net Tangible Assets | $ 27.8 M | |
| Net Working Capital | $ 27.3 M | |
| LIQUIDITY | ||
| Cash Ratio | 5.177 | |
| Current Ratio | 6.027 | |
| Current Ratio QoQ | 16.338 % | |
| Current Ratio YoY | -2.887 % | |
| Current Ratio IPRWA | TRAK: 6.027 high: 3.706 median: 3.394 mean: 3.228 low: 0.295 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 0.314 | |
| Cost Of Debt | 1.393 % | |
| Interest Coverage Ratio | 166.071 | |
| Interest Coverage Ratio QoQ | 16.506 % | |
| Interest Coverage Ratio YoY | -17.542 % | |
| Interest Coverage Ratio IPRWA | TRAK: 166.071 high: 17.131 median: -0.015 mean: -4.483 low: -44.012 |
|
| Operating Cash Flow Ratio | 0.383 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 26.336 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 3.852 | |
| Dividend Payout Ratio | 0.26 | |
| Dividend Rate | $ 0.03 | |
| Dividend Yield | 0.001 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.178 % | |
| Revenue Growth | 7.7 % | |
| Revenue Growth QoQ | 741.53 % | |
| Revenue Growth YoY | -1064.912 % | |
| Revenue Growth IPRWA | high: 10.846 % TRAK: 7.7 % mean: -9.901 % median: -16.074 % low: -38.876 % |
|
| Earnings Growth | 25.0 % | |
| Earnings Growth QoQ | — | |
| Earnings Growth YoY | 272.356 % | |
| Earnings Growth IPRWA | TRAK: 25.0 % high: 12.903 % mean: -30.544 % median: -35.897 % low: -300.0 % |
|
| MARGINS | ||
| Gross Margin | 84.583 % | |
| Gross Margin QoQ | 3.476 % | |
| Gross Margin YoY | 1.129 % | |
| Gross Margin IPRWA | high: 85.657 % TRAK: 84.583 % mean: 56.415 % median: 49.534 % low: 4.549 % |
|
| EBIT Margin | 35.993 % | |
| EBIT Margin QoQ | 15.226 % | |
| EBIT Margin YoY | 13.082 % | |
| EBIT Margin IPRWA | high: 47.583 % TRAK: 35.993 % median: 8.602 % mean: 4.495 % low: -26.748 % |
|
| Return On Sales (ROS) | 35.993 % | |
| Return On Sales QoQ | 15.226 % | |
| Return On Sales YoY | 13.082 % | |
| Return On Sales IPRWA | high: 47.583 % TRAK: 35.993 % median: 8.602 % mean: 4.495 % low: -26.748 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 1.4 M | |
| Free Cash Flow Yield | 0.374 % | |
| Free Cash Flow Yield QoQ | -57.835 % | |
| Free Cash Flow Yield YoY | -58.166 % | |
| Free Cash Flow Yield IPRWA | high: 4.477 % TRAK: 0.374 % mean: 0.313 % median: 0.288 % low: -9.681 % |
|
| Free Cash Growth | -58.784 % | |
| Free Cash Growth QoQ | -169.059 % | |
| Free Cash Growth YoY | -135.346 % | |
| Free Cash Growth IPRWA | high: 63.925 % mean: -33.422 % median: -40.589 % TRAK: -58.784 % low: -332.287 % |
|
| Free Cash To Net Income | 0.725 | |
| Cash Flow Margin | 35.162 % | |
| Cash Flow To Earnings | 1.058 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 3.588 % | |
| Return On Assets QoQ | 23.852 % | |
| Return On Assets YoY | 17.639 % | |
| Return On Assets IPRWA | TRAK: 3.588 % high: 2.512 % mean: -3.351 % median: -8.345 % low: -12.639 % |
|
| Return On Capital Employed (ROCE) | 4.309 % | |
| Return On Equity (ROE) | 0.04 | |
| Return On Equity QoQ | 24.197 % | |
| Return On Equity YoY | 20.438 % | |
| Return On Equity IPRWA | high: 0.288 TRAK: 0.04 mean: -0.054 median: -0.094 low: -0.386 |
|
| DuPont ROE | 4.059 % | |
| Return On Invested Capital (ROIC) | 3.997 % | |
| Return On Invested Capital QoQ | -170.944 % | |
| Return On Invested Capital YoY | -162.171 % | |
| Return On Invested Capital IPRWA | high: 25.587 % TRAK: 3.997 % median: 1.502 % mean: 1.326 % low: -12.371 % |
|