Saturday 17 October 2026
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Deswell Industries, Inc.
DSWL Technology Electronic Components
Deswell Industries, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $61.3 million, down 9.29% from fiscal 2025. Dividend growth for five consecutive years.
3.11
0.06
+1.97%
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| Mar '17 | Mar '18 | Mar '19 | Mar '20 | Mar '21 | Mar '22 | Mar '23 | Mar '24 | Mar '25 | Mar '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
6 | 6 | 6 | 6 | 5 | 3 | 6 | 8 | 8 | 5 |
P/E ratio |
0.00 | 0.00 | 16.56 | 11.56 | 8.05 | 3.52 | 4.14 | 3.76 | 4.00 | 5.07 |
Altman Z-Score |
2.43 | 3.07 | 3.38 | 3.03 | 3.15 | 3.24 | 3.00 | 3.11 | 3.14 | 3.20 |
P/S ratio |
0.70 | 1.10 | 0.55 | 0.27 | 0.43 | 0.39 | 0.26 | 0.22 | 0.23 | 0.30 |
Altman Z″-Score (non-manufacturers) |
8.75 | 8.46 | 9.70 | 9.78 | 8.42 | 8.43 | 9.10 | 10.92 | 11.45 | 11.20 |
P/FCF ratio |
25.29 | 39.56 | 9.84 | 2.33 | 3.47 | 33.45 | 3.70 | 2.19 | 6.97 | 6.08 |
Beneish M-Score |
(2.37) | (2.64) | (2.32) | (3.47) | (2.18) | (2.05) | (1.12) | (2.97) | (3.13) | (1.79) |
P/Operating CF |
15.23 | 23.82 | 23.49 | 17.18 | 27.32 | 28.33 | 20.51 | 17.18 | 10.12 | 21.29 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 75 |
P/B ratio |
0.41 | 0.64 | 0.58 | 0.44 | 0.66 | 0.64 | 0.47 | 0.39 | 0.38 | 0.44 |
Price to Tangible BV |
0.41 | 0.64 | 0.58 | 0.44 | 0.66 | 0.64 | 0.47 | 0.39 | 0.38 | 0.44 |
EV/Sales |
0.01 | 0.41 | 0.10 | (0.06) | 0.08 | 0.10 | (0.03) | (0.09) | (0.18) | (0.20) |
EV/EBITDA |
0.00 | 0.00 | 65.96 | 0.00 | 1.50 | 1.57 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
0.74 | 32.11 | 1.93 | (0.48) | 0.66 | 4.61 | (0.38) | (0.88) | (4.29) | (3.78) |
EV/FCF |
0.33 | 14.60 | 1.85 | (0.49) | 0.67 | 8.25 | (0.42) | (0.94) | (5.24) | (4.10) |
Quick Ratio |
3.09 | 2.93 | 3.53 | 3.85 | 2.83 | 2.59 | 3.10 | 4.25 | 4.82 | 4.60 |
Current Ratio |
4.04 | 3.76 | 4.50 | 4.57 | 3.71 | 3.66 | 4.01 | 5.07 | 5.45 | 5.25 |
Net Debt/EBITDA |
(932.09) | (9.59) | (14.80) | (12.62) | (9.03) | (9.76) | (10.22) | (10.91) | (15.62) | (23.76) |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.50 | 0.63 | 0.66 | 0.67 | 0.64 | 0.77 | 0.69 | 0.63 | 0.58 | 0.49 |
Operating CF/Net income |
(0.79) | 0.92 | 0.51 | (9.94) | 0.40 | (0.02) | 6.31 | 1.71 | 1.22 | 0.49 |
Capex/Depreciation |
(0.54) | (0.80) | (0.40) | (0.16) | (0.27) | (0.84) | (0.42) | (0.10) | (0.17) | (0.27) |
| 1.80% | 7.86% | 5.17% | (1.61%) | 9.92% | 9.33% | 2.28% | 8.39% | 11.35% | 10.05% | |
| 1.54% | 6.47% | 4.26% | (1.35%) | 8.10% | 7.37% | 1.82% | 6.96% | 9.63% | 8.50% | |
ROIC |
(2.83%) | 2.59% | 0.74% | 2.35% | 5.05% | 3.68% | 4.23% | 6.52% | 7.78% | 4.58% |
Return on Tangible Assets |
1.85% | 7.54% | 5.05% | (1.66%) | 9.71% | 9.06% | 2.37% | 8.43% | 10.90% | 9.76% |
Average Days of Receivables |
107.88 | 95.73 | 86.25 | 68.69 | 82.74 | 77.24 | 74.12 | 63.07 | 53.52 | 68.04 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
19.89% | 14.52% | 14.21% | 15.34% | 15.89% | 13.10% | 14.18% | 15.14% | 16.68% | 18.84% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
1.27 | 0.81 | 1.11 | 1.42 | 1.01 | 1.09 | 1.43 | 1.79 | 1.98 | 1.78 |
Graham Number |
0.00 | 0.00 | 4.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Earnings Yield |
(15.90%) | (10.16%) | 6.04% | 8.65% | 12.42% | 28.42% | 24.15% | 26.58% | 25.00% | 19.73% |
Free Cash Flow Yield |
3.95% | 2.53% | 10.16% | 43.00% | 28.80% | 2.99% | 27.02% | 45.76% | 14.34% | 16.46% |
Revenue per Share |
2.78 | 3.82 | 4.19 | 4.11 | 4.08 | 5.40 | 4.85 | 4.35 | 4.24 | 3.85 |
Operating CF per Share |
(0.07) | 0.36 | 0.14 | 0.82 | 0.21 | (0.01) | 0.82 | 0.83 | 0.85 | 0.33 |
Capex per Share |
(0.07) | (0.11) | (0.05) | (0.02) | (0.03) | (0.09) | (0.05) | (0.01) | (0.02) | (0.02) |
Free Cash Flow per Share |
(0.14) | 0.25 | 0.08 | 0.80 | 0.18 | (0.10) | 0.77 | 0.82 | 0.83 | 0.30 |
Cash per Share |
1.86 | 2.38 | 2.47 | 2.69 | 2.85 | 2.75 | 2.95 | 3.63 | 4.74 | 5.17 |
Shareholders Equity per Share |
4.75 | 5.12 | 5.29 | 5.05 | 5.38 | 5.70 | 5.63 | 5.91 | 6.41 | 6.87 |
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 |
4.75 | 5.12 | 5.29 | 5.05 | 5.38 | 5.70 | 5.63 | 5.91 | 6.41 | 6.87 |
Free Cash Flow |
(2.24) | 4.00 | 1.31 | 12.80 | 2.83 | (1.64) | 12.27 | 13.06 | 13.27 | 4.80 |
Working Capital |
42.20 | 50.56 | 54.41 | 51.06 | 57.47 | 63.85 | 60.91 | 66.83 | 78.77 | 86.53 |
Capital Expenditures |
(1.16) | (1.70) | (0.85) | (0.32) | (0.47) | (1.45) | (0.72) | (0.15) | (0.26) | (0.40) |
Net Current Asset Value |
41.31 | 49.79 | 53.75 | 50.31 | 56.52 | 63.19 | 60.43 | 66.35 | 78.40 | 86.32 |
EV/EBIT |
0.00 | 0.00 | 0.00 | 5.62 | 0.00 | 0.00 | 3.65 | 11.57 | 21.40 | 24.35 |
Capex to Sales |
0.03 | 0.03 | 0.01 | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.01 |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.07 | 0.06 | 0.07 | 0.07 |
Cash ROIC |
(2.11%) | 3.36% | 1.07% | 10.40% | 2.16% | (1.22%) | 8.98% | 8.59% | 7.47% | 2.50% |
Accounts Receivable Turnover |
3.98 | 4.17 | 4.21 | 4.66 | 4.80 | 5.23 | 4.56 | 5.01 | 6.17 | 5.75 |
Accounts Payable Turnover |
10.05 | 7.41 | 7.58 | 9.86 | 7.32 | 7.44 | 7.68 | 9.12 | 9.86 | 7.57 |
Inventory Turnover |
3.94 | 4.31 | 4.34 | 4.95 | 4.18 | 3.60 | 3.14 | 3.77 | 5.00 | 4.49 |
Average Days of Payables |
50.72 | 61.58 | 40.53 | 31.41 | 67.20 | 49.85 | 39.33 | 34.29 | 38.82 | 52.45 |
Days of Inventory on Hand |
105.23 | 92.65 | 84.46 | 58.52 | 114.28 | 120.70 | 98.04 | 79.82 | 64.00 | 90.08 |
Average Receivables |
11.18 | 14.54 | 15.82 | 14.02 | 13.50 | 16.45 | 16.95 | 13.85 | 10.95 | 10.67 |
Average Payables |
3.69 | 6.87 | 7.42 | 5.43 | 7.06 | 9.68 | 8.39 | 6.08 | 5.48 | 6.29 |
Average Inventory |
9.40 | 11.81 | 12.98 | 10.80 | 12.39 | 20.01 | 20.57 | 14.73 | 10.80 | 10.61 |
Average Assets |
89.28 | 95.69 | 100.28 | 97.77 | 101.62 | 111.64 | 112.90 | 110.73 | 115.64 | 125.09 |
Average Common Equity |
76.50 | 78.74 | 82.62 | 82.14 | 83.01 | 88.23 | 90.21 | 91.91 | 98.15 | 105.76 |
Columns are period end dates