Deswell Industries, Inc. DSWL

3.10 (0.03) (0.96%) as of 25 Sep
Market cap
$49.8M
P/E
5.3×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 71.13%

Capital & Financial Ratios

Market Cap 49.75
Revenue 160.98
Net Income 19.88
Free Cash Flow 19.26
Net Debt (79.67)
Current Ratio 5.28
Debt/Equity 0.00
P/E ratio 5.25
P/S ratio 0.31
P/B ratio 0.46
Past 5Y EPS Growth 12.36%
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 1.54
Annual Dividend Rate 0.20
Annual Dividend Yield 8.47%
total individual payouts
2026 0.10
0.10
2025 0.20
0.10
0.10
2024 0.20
0.10
0.10
2023 0.20
0.10
0.10
2022 0.20
0.10
0.10
2021 0.20
0.10
0.10
2020 0.18
0.09
0.09
2019 0.15
0.07
0.08
2018 0.10
0.04
0.06
2017 0.07
0.07
2016 0.14
0.04
0.04
0.07
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 2026
Cash 47 58 76 82
Receivables 16 12 10 11
Inventory 17 12 9 12
Other 1 — — —
81 83 96 107
2023 2024 2025 2026
Payables 7 5 6 7
ST’ Debt — — — —
Other 2 2 2 3
20 16 18 20
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 3.24% (1.12%) (7.44%)
Cash Flow 24.88% 9.53% (26.34%)
Earnings 0.00% 5.24% 72.82%
Book Value 3.60% 5.01% 6.86%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 61
’25 — — — — 68
’24 — — 38 — 69
’23 33 — 44 — 77
’22 46 — 40 — 86
’21 37 — 28 — 65
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — 2 — 5
’25 — — 4 — 14
’24 — — 5 — 13
’23 9 — 4 — 13
’22 (1) — 0 — 0
’21 0 — 4 — 3
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — 2 — 5
’25 — — 4 — 13
’24 — — 5 — 13
’23 9 — 4 — 12
’22 (1) — 0 — (2)
’21 0 — 4 — 3
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 0.67
’25 — — — — 0.70
’24 — — 0.22 — 0.48
’23 0.16 — (0.04) — 0.13
’22 0.25 — 0.27 — 0.52
’21 0.42 — 0.10 — 0.51
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
1.71 2.59 2.43 2.02 2.92 3.00 2.12 2.14 1.93 2.84

Analyst estimates 2027–2029

Powerpack
Low Price
3.64 3.53 3.17 3.47 5.60 4.08 3.21 2.74 4.48 3.99
High Price
1,340 1,338 1,203 1,105 1,130 990 941 921 794 854
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
45 61 67 65 65 86 77 69 68 61
Revenue
16.73% 16.01% 15.42% 18.15% 20.29% 16.23% 16.60% 20.04% 20.18% 22.37%
Gross Margin
2 6 4 (1) 9 8 2 8 11 10
EBT
3.56% 10.21% 6.63% (1.45%) 13.42% 9.38% 2.99% 11.27% 16.71% 16.74%
EBT Margin
1 6 4 (1) 8 8 2 8 11 11
Net Income
2 2 2 2 2 2 2 2 2 1
Depreciation
2.78 3.82 4.19 4.11 4.08 5.40 4.85 4.35 4.24 3.85
Revenue/Sh
0.09 0.39 0.27 (0.08) 0.52 0.52 0.13 0.48 0.70 0.67
Earnings/Sh
(0.07) 0.36 0.14 0.82 0.21 (0.01) 0.82 0.83 0.85 0.33
Cash Flow/Sh
(0.07) (0.11) (0.05) (0.02) (0.03) (0.09) (0.05) (0.01) (0.02) (0.02)
Capex/Sh
(0.14) 0.25 0.08 0.80 0.18 (0.10) 0.77 0.82 0.83 0.30
Free CF/Sh
4.75 5.12 5.29 5.05 5.38 5.70 5.63 5.91 6.41 6.87
Book Value/Sh
16 16 16 16 16 16 16 16 16 16
Shares
0.00 0.00 16.56 11.56 8.05 3.52 4.14 3.76 4.00 5.07
PE Ratio
0.70 1.10 0.55 0.27 0.43 0.39 0.26 0.22 0.23 0.30
PS Ratio
0.41 0.64 0.58 0.44 0.66 0.64 0.47 0.39 0.38 0.44
PB Ratio
0.01 0.41 0.10 (0.06) 0.08 0.10 (0.03) (0.09) (0.17) (0.20)
EV/Sales
0.33 14.60 1.85 (0.49) 0.67 8.29 (0.42) (0.94) (1.37) (1.66)
EV/FCF
(1) 6 2 13 3 0 13 13 14 5
Op' Cash Flow
(1) (2) (1) 0 0 (1) (1) 0 0 0
Capex
(2) 4 1 13 3 (2) 12 13 13 5
FCF
42 51 54 51 57 64 61 67 79 87
Working Cap'
— — — — — — — — — —
Total Debt
(30) (38) (39) (43) (45) (44) (47) (58) (75) (82)
Net Debt
76 81 84 80 86 91 90 94 102 109
Sh' Equity
1.54% 6.47% 4.26% (1.35%) 8.10% 7.37% 1.82% 6.96% 9.63% 8.50%
ROA
(2.83%) 2.59% 0.74% 2.35% 5.05% 3.68% 4.23% 6.52% 7.78% 4.58%
ROIC
1.80% 7.86% 5.17% (1.61%) 9.92% 9.33% 2.28% 8.39% 11.35% 10.05%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Mar 2026 · latest quarter Sep 2023

Deswell Industries, Inc. peers in Electronic Components

All 49 Electronic Components stocks →

Deswell Industries, Inc. (DSWL) key facts

  • Deswell Industries, Inc. (DSWL) is an Electronic Components company in the Technology sector, listed on Nasdaq.
  • Deswell Industries, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $61.3 million, down 9.29% from fiscal 2025.
  • Net income was $10.6 million, or $0.67 per share (basic), a net margin of 17.3%.
  • As of September 25, 2026, DSWL traded at $3.10, a market capitalization of $49.8 million.
  • At that price the stock trades at 5.3× trailing-twelve-month earnings and 0.3× sales.
  • Deswell Industries, Inc. pays an annual dividend of $0.20 per share, a yield of 8.47%, with a payout ratio of 153.9%.
  • Return on equity was 10.1% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Deswell Industries, Inc. (DSWL) Latest News

News by impact score

Fine-tune

17 Jun

3

Deswell Industries, Inc. announced financial results for the second half and full year fiscal 2026. Earnings release may move stock price and affect short-term investor views.

3 Feb

3

Deswell Industries, Inc. has appointed a new Chief Financial Officer, signaling a strategic shift in its financial leadership. The new CFO brings extensive experience in financial management and is expected to enhance the company's financial operations and strategic initiatives. This leadership change aims to strengthen Deswell's position in the market and improve overall performance. Leadership changes can moderately influence financial performance and strategic direction.

3

Deswell Industries' returns on capital employed have been increasing, showing promising trends for potential growth. The increasing returns on capital employed may moderately influence the company's financial performance and competitive positioning.

26 Jan

4

Deswell Industries, Inc. (DSWL) is highlighted for its potential to become a multi-bagger investment due to its strong financial performance, strategic positioning in the market, and growth prospects. The company has shown resilience and adaptability, which could lead to significant returns for investors. Analysts suggest that DSWL's focus on innovation and expanding its product offerings may further enhance its competitive edge and market share, making it an attractive option for long-term investment. Strong financial performance and growth prospects indicate significant potential for future impact.

30 Dec

4

Deswell Industries, Inc. (DSWL) is gaining attention due to its strong financial performance and strategic initiatives. The company has shown resilience in a challenging market, with improvements in revenue and profitability. Investors are encouraged by its focus on innovation and expansion into new markets, which could enhance its competitive position. Analysts believe that DSWL's proactive approach to addressing industry challenges positions it well for future growth. Significant strategic initiatives and market expansion efforts are likely to alter the company's trajectory positively.

16 Nov

3

Deswell Industries, Inc. (NASDAQ: DSWL) has announced a dividend of $0.10 per share. This decision reflects the company's ongoing commitment to returning value to its shareholders. The dividend is expected to be paid on a specified date, further solidifying Deswell's financial stability and shareholder engagement. The dividend announcement indicates financial health and may positively influence investor sentiment, but it is not expected to significantly alter the company's overall trajectory.

13 Nov

3

Deswell Industries, Inc. (DSWL) reported its financial results for the first half of 2026, highlighting a decrease in revenue compared to the previous year. The company attributed this decline to reduced demand in certain markets and ongoing supply chain challenges. Despite these hurdles, Deswell remains focused on cost management and operational efficiency to navigate the current economic landscape. The management expressed optimism about future growth opportunities as market conditions stabilize. The revenue decline and supply chain challenges may moderately affect financial performance and market sentiment.

15 Sep

4

Deswell Industries, Inc. (NASDAQ: DSWL) has seen its stock price increase by 80% over the past year, reflecting strong performance and positive investor sentiment. The company's growth can be attributed to effective management strategies and favorable market conditions, positioning it well for future opportunities. The significant stock price increase indicates a major positive shift in investor sentiment and potential for continued growth.

19 Aug

4

Deswell Industries, Inc. (DSWL) is experiencing a positive trend in its Return on Capital Employed (ROCE), which is crucial for shareholders. The company’s ability to maintain or improve this trajectory is essential for its future performance and market perception. Investors are closely monitoring these developments as they could significantly influence the company's financial health and competitive positioning. The improvement in ROCE is likely to have a significant impact on investor sentiment and the company's future performance.

23 Jul

3

Deswell Industries (NASDAQ:DSWL) has shown consistent earnings per share (EPS) growth of 11% annually over the past three years, despite a decline in revenue. The company has maintained its EBIT margins, but the revenue drop raises concerns about short-term growth. Insiders hold 71% of the company, indicating strong alignment with shareholder interests. While the profit growth is encouraging, there are two warning signs to consider. Investors may want to keep an eye on Deswell Industries due to its profit growth and insider ownership. The combination of EPS growth and insider ownership suggests a moderately noticeable influence on the company's future performance.

19 Jun

3

Deswell Industries, Inc. reported a full-year earnings per share (EPS) of US$0.70 for FY 2025, an increase from US$0.48 in FY 2024. This growth indicates improved financial performance for the company over the past year. The increase in EPS suggests a moderately noticeable influence on financial performance.

18 Jun

3

Deswell Industries, Inc. (DSWL) reported its unaudited financial results for the second half of fiscal 2025, showing net sales of $32.4 million, a 2.5% increase from the previous year. The electronic segment saw a 5.8% sales increase, while the plastic segment experienced an 11.1% decline. Gross margin slightly improved to 20.9%. Operating income rose marginally to $1.49 million, and net income increased to $5.0 million. For the full fiscal year, net sales decreased by 2.5% to $67.6 million, but net income rose to $11.1 million. The company declared a cash dividend of $0.10 per share for the second half of the fiscal year. Deswell maintains a strong financial position with $28.1 million in cash and no debt. The increase in net income and improved margins indicate a moderately positive influence on future performance.

17 Feb

4

Deswell Industries, Inc. (DSWL) is showing promising return trends, indicating potential growth and improved market performance. The company's recent developments suggest a positive trajectory, which could enhance investor confidence and attract interest in its stock. Analysts are optimistic about the future, highlighting key factors that may contribute to Deswell's success in the competitive landscape. Promising return trends and positive developments indicate significant potential for future growth and market performance.

28 Nov

3

Deswell Industries is set to trade ex-dividend on December 2, with a dividend payment of $0.10 per share to be made on December 23. The company has a trailing yield of 7.5% and has paid out a comfortable 31% of its profit as dividends. Earnings per share have been growing at 19% a year for the past five years, with a conservative payout ratio. The article discusses the upcoming dividend payment and the company's financial performance, indicating a moderately noticeable influence expected.

15 Nov

3

Deswell Industries, Inc. (DSWL) announces first half 2025 results. The financial performance of Deswell Industries, Inc. in the first half of 2025 is expected to have a moderately noticeable influence on its future.

12 Jul

4

Deswell Industries (NASDAQ:DSWL) is experiencing growth in returns on capital, with ROCE climbing 431% in the last five years. The article highlights significant improvement in ROCE and potential long-term growth prospects for Deswell Industries.

20 Jun

3

Deswell Industries, Inc. announced its financial results for the second half of fiscal year 2024, reporting a decrease in net sales but an increase in gross profit margin and operating income. The company also declared a cash dividend of $0.10 per share. The financial results and dividend announcement are expected to moderately influence Deswell Industries, Inc.'s future performance and market sentiment.

12 Apr

3

Intrinsic value of Deswell Industries, Inc. (NASDAQ:DSWL) analyzed. May affect financial performance and competitive positioning.

26 Feb

3

Wai Ming Lau elected Chairman of the Board of Directors of Deswell Industries. Appointment of new Chairman may moderately influence company's operations and competitive positioning.

26 Nov

3

Deswell Industries, Inc. (NASDAQ:DSWL) is set to pay a US$0.10 dividend in three days, with a trailing yield of 7.4%. The article highlights the sustainability of Deswell Industries' dividend and its flat earnings per share.

23 Nov

3

Deswell Industries, Inc. (NASDAQ:DSWL) will pay a dividend of $0.10 on December 21, with a dividend yield of 7.6%. The dividend payment and earnings coverage are solid, but limited growth prospects and past dividend cuts raise some concerns.

17 Nov

4

Deswell Industries, Inc. announces first half 2024 results, including a decrease in net sales but an increase in gross margin and net income. Company also declares a cash dividend of $0.10 per share. The significant increase in net income and gross margin, along with the announcement of a cash dividend, are expected to have a significant impact on the company's future performance and investor sentiment.

31 Oct

3

Deswell Industries fair value estimate is US$2.68, trading at US$2.22 share price. The article discusses the potential impact on Deswell Industries' future financial performance and market valuation.

27 Aug

4

Deswell Industries (NASDAQ:DSWL) is experiencing growth in returns on capital. The article highlights a significant increase in ROCE and efficiency at Deswell Industries, which could have a profound impact on the company's long-term prospects.

16 Jun

3

Deswell Industries, Inc. Chairman Richard P.H. Lau passed away. Mr. Chin Pang Li appointed as new Chairman. The passing of the Chairman and appointment of a new Chairman may moderately influence key areas such as leadership and strategic direction.

stockrow.com/DSWL · Data as of Sep 30, 2023 · For information only; not investment advice. · © 2026 stockrow.com