Saturday 17 October 2026
Export CSPI’s income statement to Excel — free account
CSP Inc.
CSPI Technology Information Technology Services
CSP Inc.’s revenue for fiscal 2025 (year ended September 2025) was $58.7 million, up 6.36% from fiscal 2024. In the quarter to June 2026, revenue fell 6.80%, EPS fell 200.0% and free cash flow grew 113.4%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
7.70
0.29
+3.91%
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| Sep '25 | Sep '24 | Sep '23 | Sep '22 | Sep '21 | Sep '20 | Sep '19 | Sep '18 | Sep '17 | Sep '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 16.05 | 18.00 | 55.88 | 0.00 | 0.00 | 3.76 | 17.34 | 14.84 |
Piotroski F-Score |
5 | 4 | 6 | 6 | 6 | 4 | 1 | 5 | 4 | — |
Altman Z-Score |
4.16 | 5.11 | 4.70 | 2.20 | 2.63 | 3.21 | 3.56 | 4.13 | 3.25 | 4.17 |
P/S ratio |
1.83 | 2.13 | 1.21 | 0.56 | 0.75 | 0.56 | 0.67 | 0.70 | 0.47 | 0.36 |
Altman Z″-Score (non-manufacturers) |
5.51 | 6.88 | 7.65 | 4.85 | 5.65 | 6.10 | 5.44 | 7.30 | 4.64 | 5.52 |
P/FCF ratio |
56.70 | 29.31 | 21.51 | 12.56 | 20.54 | 2,485.85 | 0.00 | 20.94 | 16.85 | 8.66 |
P/Operating CF |
56.58 | (77.88) | 8.82 | 12.50 | 36.17 | (35.48) | 42.61 | 27.42 | (24.00) | 14.94 |
Beneish M-Score |
(2.42) | (2.96) | (2.28) | (2.54) | (2.17) | (2.79) | (1.75) | (3.17) | (2.56) | (2.78) |
Dividend Safety Score |
50 | — | — | — | — | — | — | — | — | — |
P/B ratio |
2.41 | 2.48 | 1.69 | 0.79 | 1.09 | 1.18 | 1.73 | 1.51 | 1.97 | 2.09 |
Price to Tangible BV |
2.41 | 2.49 | 1.69 | 0.79 | 1.09 | 1.18 | 1.73 | 1.52 | 1.98 | 2.13 |
EV/Sales |
1.37 | 1.58 | 0.82 | 0.13 | 0.36 | 0.29 | 0.44 | 0.35 | 0.35 | 0.23 |
EV/EBITDA |
0.00 | 0.00 | 19.03 | 7.97 | 0.00 | 0.00 | 0.00 | 0.00 | 7.97 | 5.30 |
EV/Operating CF |
35.45 | 20.72 | 13.64 | 2.67 | 9.41 | 72.49 | (10.48) | 8.95 | 11.62 | 4.77 |
EV/FCF |
42.46 | 21.79 | 14.68 | 2.92 | 9.91 | 1,263.35 | (8.38) | 10.56 | 12.60 | 5.59 |
Quick Ratio |
2.18 | 2.65 | 2.90 | 1.59 | 2.27 | 2.60 | 1.70 | 2.77 | 1.11 | 1.88 |
Current Ratio |
2.36 | 2.94 | 3.22 | 1.97 | 2.75 | 3.20 | 2.32 | 3.44 | 1.93 | 2.40 |
Net Debt/EBITDA |
11.39 | 28.37 | (9.00) | (26.31) | 58.89 | 53.65 | 43.37 | 25.46 | (2.69) | (2.91) |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.60% | 1.39% | 4.63% | 1.15% | 0.90% | 0.00% | 0.00% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.08 | 0.02 | 0.01 | 0.00 | 0.00 |
Asset Turnover |
0.84 | 0.82 | 0.92 | 0.79 | 0.84 | 1.09 | 1.38 | 1.28 | 1.64 | 2.16 |
Operating CF/Net income |
(24.92) | (12.92) | 0.80 | 1.50 | 2.86 | (0.17) | 8.97 | 0.21 | 1.11 | 2.01 |
Capex/Depreciation |
(0.53) | (0.26) | (0.30) | (0.25) | (0.09) | (0.21) | (2.00) | (0.70) | (0.43) | (1.05) |
Interest Coverage |
(8.71) | (7.97) | 7.14 | (0.11) | (3.89) | (6.25) | (8.34) | (80.05) | 308.64 | 543.00 |
| (0.20%) | (0.70%) | 11.48% | 4.90% | 2.09% | (4.82%) | (1.16%) | 50.52% | 12.41% | 13.40% | |
| (0.13%) | (0.48%) | 6.93% | 2.59% | 1.14% | (2.56%) | (0.65%) | 24.24% | 4.46% | 5.21% | |
ROIC |
(11.34%) | (7.01%) | 5.58% | (0.16%) | (5.73%) | (7.17%) | (4.08%) | (11.18%) | 20.06% | 52.19% |
Return on Tangible Assets |
(0.30%) | (0.89%) | 13.86% | 5.98% | 2.08% | (4.88%) | (1.34%) | 39.32% | 9.51% | 9.56% |
Average Days of Receivables |
130.13 | 124.78 | 113.63 | 161.43 | 150.98 | 83.69 | 72.03 | 68.21 | 75.79 | 69.08 |
Research and Development Expense of Revenue |
5.53% | 5.35% | 4.86% | 5.67% | 5.87% | 4.53% | 3.54% | 4.49% | 2.67% | 2.89% |
Selling, General and Administrative Expense of Revenue |
31.28% | 32.18% | 26.16% | 29.03% | 29.72% | 25.56% | 20.30% | 22.93% | 17.70% | 17.66% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
Share Based Compensation of Revenue |
3.01% | 2.86% | 1.74% | 1.80% | 1.99% | 1.59% | 1.00% | 0.95% | 0.65% | 0.40% |
Graham Net Nets |
0.24 | 0.28 | 0.39 | 0.76 | 0.54 | 0.50 | 0.33 | 0.53 | 0.30 | 0.29 |
Graham Number |
0.00 | 0.00 | 8.11 | 4.54 | 2.72 | 0.00 | 0.00 | 13.31 | 4.51 | 4.36 |
Earnings Yield |
(0.09%) | (0.38%) | 6.23% | 5.56% | 1.79% | (4.17%) | (0.67%) | 26.61% | 5.77% | 6.74% |
Free Cash Flow Yield |
1.76% | 3.41% | 4.65% | 7.96% | 4.87% | 0.04% | (7.90%) | 4.78% | 5.93% | 11.55% |
Revenue per Share |
6.32 | 6.11 | 7.38 | 6.38 | 5.93 | 7.67 | 10.07 | 9.54 | 11.88 | 14.32 |
Operating CF per Share |
0.24 | 0.47 | 0.45 | 0.31 | 0.23 | 0.03 | (0.42) | 0.38 | 0.36 | 0.69 |
Capex per Share |
(0.04) | (0.02) | (0.03) | (0.03) | (0.01) | (0.03) | (0.11) | (0.06) | (0.03) | (0.10) |
Free Cash Flow per Share |
0.20 | 0.44 | 0.41 | 0.29 | 0.22 | 0.00 | (0.53) | 0.32 | 0.33 | 0.59 |
Cash per Share |
2.95 | 3.38 | 2.88 | 2.82 | 2.42 | 2.43 | 2.35 | 3.32 | 1.40 | 1.82 |
Shareholders Equity per Share |
4.79 | 5.23 | 5.27 | 4.57 | 4.10 | 3.67 | 3.88 | 4.42 | 2.82 | 2.45 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
4.79 | 5.23 | 5.27 | 4.57 | 4.10 | 3.67 | 3.88 | 4.42 | 2.82 | 2.45 |
Free Cash Flow |
1.89 | 4.01 | 3.63 | 2.44 | 1.81 | 0.01 | (4.16) | 2.44 | 2.45 | 4.27 |
Working Capital |
30.14 | 36.17 | 34.71 | 29.28 | 31.21 | 28.61 | 26.51 | 34.35 | 24.30 | 24.42 |
Capital Expenditures |
(0.37) | (0.21) | (0.28) | (0.23) | (0.10) | (0.23) | (0.83) | (0.44) | (0.21) | (0.73) |
Net Current Asset Value |
25.71 | 32.68 | 30.61 | 23.36 | 20.11 | 17.48 | 17.59 | 26.94 | 12.40 | 10.75 |
EV/EBIT |
0.00 | 0.00 | 28.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.10 | 6.28 |
Capex to Sales |
0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 |
Price to Operating Income |
0.00 | 0.00 | 41.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.17 | 9.72 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
1.30 | 1.85 | 1.77 | 1.45 | 1.36 | 1.06 | 0.33 | 0.74 | 0.53 | 0.42 |
Cash ROIC |
2.63% | 5.15% | 5.09% | 3.85% | 3.29% | 0.03% | (8.39%) | 4.09% | 7.80% | 13.88% |
Accounts Receivable Turnover |
2.95 | 2.83 | 2.93 | 2.45 | 2.85 | 4.15 | 5.41 | 4.56 | 4.66 | 5.23 |
Accounts Payable Turnover |
2.55 | 3.18 | 2.57 | 1.95 | 2.95 | 3.61 | 4.80 | 4.51 | 5.00 | 6.09 |
Inventory Turnover |
21.54 | 15.04 | 12.36 | 8.50 | 7.13 | 6.81 | 7.94 | 8.31 | 12.03 | 13.83 |
Average Days of Payables |
177.04 | 121.29 | 92.13 | 230.74 | 153.78 | 69.71 | 96.73 | 62.11 | 81.06 | 55.60 |
Days of Inventory on Hand |
13.09 | 23.02 | 21.72 | 44.91 | 44.04 | 43.23 | 46.75 | 50.60 | 30.30 | 26.00 |
Average Receivables |
19.91 | 19.50 | 22.08 | 22.20 | 17.26 | 14.89 | 14.61 | 16.00 | 18.97 | 19.75 |
Average Payables |
15.80 | 11.43 | 16.62 | 18.20 | 11.23 | 12.35 | 12.73 | 12.09 | 13.41 | 12.85 |
Average Inventory |
1.87 | 2.42 | 3.46 | 4.18 | 4.64 | 6.55 | 7.69 | 6.56 | 5.57 | 5.66 |
Average Assets |
70.30 | 67.67 | 70.48 | 69.02 | 58.31 | 56.51 | 57.32 | 57.10 | 53.82 | 47.85 |
Average Common Equity |
45.91 | 46.71 | 42.56 | 36.50 | 31.79 | 29.98 | 32.12 | 27.40 | 19.33 | 18.62 |
Columns are period end dates