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DESWELL INDUSTRIES INC (DSWL) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:DSWL - VG2506391011 - Common Stock

3.6607 USD
-0.04 (-1.2%)
Last: 11/26/2025, 8:27:30 PM
Fundamental Rating

6

DSWL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. DSWL is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. DSWL is valued correctly, but it does not seem to be growing. Finally DSWL also has an excellent dividend rating. With these ratings, DSWL could be worth investigating further for dividend investing!.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year DSWL was profitable.
DSWL had a positive operating cash flow in the past year.
In the past 5 years DSWL has always been profitable.
Of the past 5 years DSWL 4 years had a positive operating cash flow.
DSWL Yearly Net Income VS EBIT VS OCF VS FCFDSWL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5M -5M 10M

1.2 Ratios

DSWL's Return On Assets of 9.27% is amongst the best of the industry. DSWL outperforms 87.80% of its industry peers.
With a decent Return On Equity value of 10.91%, DSWL is doing good in the industry, outperforming 74.80% of the companies in the same industry.
DSWL's Return On Invested Capital of 2.55% is in line compared to the rest of the industry. DSWL outperforms 52.85% of its industry peers.
DSWL had an Average Return On Invested Capital over the past 3 years of 2.65%. This is significantly below the industry average of 9.11%.
Industry RankSector Rank
ROA 9.27%
ROE 10.91%
ROIC 2.55%
ROA(3y)6.04%
ROA(5y)6.56%
ROE(3y)7.15%
ROE(5y)8.01%
ROIC(3y)2.65%
ROIC(5y)2.63%
DSWL Yearly ROA, ROE, ROICDSWL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10

1.3 Margins

DSWL has a better Profit Margin (16.47%) than 93.50% of its industry peers.
DSWL's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 4.90%, DSWL is doing good in the industry, outperforming 63.41% of the companies in the same industry.
In the last couple of years the Operating Margin of DSWL has grown nicely.
With a Gross Margin value of 20.18%, DSWL is not doing good in the industry: 67.48% of the companies in the same industry are doing better.
DSWL's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 4.9%
PM (TTM) 16.47%
GM 20.18%
OM growth 3Y7.95%
OM growth 5Y16.94%
PM growth 3Y19.99%
PM growth 5YN/A
GM growth 3Y7.42%
GM growth 5Y2.09%
DSWL Yearly Profit, Operating, Gross MarginsDSWL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

8

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DSWL is destroying value.
Compared to 1 year ago, DSWL has about the same amount of shares outstanding.
The number of shares outstanding for DSWL has been increased compared to 5 years ago.
There is no outstanding debt for DSWL. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
DSWL Yearly Shares OutstandingDSWL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M
DSWL Yearly Total Debt VS Total AssetsDSWL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

2.2 Solvency

An Altman-Z score of 3.82 indicates that DSWL is not in any danger for bankruptcy at the moment.
DSWL's Altman-Z score of 3.82 is in line compared to the rest of the industry. DSWL outperforms 59.35% of its industry peers.
DSWL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 3.82
ROIC/WACC0.28
WACC9.2%
DSWL Yearly LT Debt VS Equity VS FCFDSWL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M 60M 80M 100M

2.3 Liquidity

A Current Ratio of 5.45 indicates that DSWL has no problem at all paying its short term obligations.
The Current ratio of DSWL (5.45) is better than 82.93% of its industry peers.
DSWL has a Quick Ratio of 4.91. This indicates that DSWL is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 4.91, DSWL belongs to the top of the industry, outperforming 84.55% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 5.45
Quick Ratio 4.91
DSWL Yearly Current Assets VS Current LiabilitesDSWL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M

3

3. Growth

3.1 Past

DSWL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.73%, which is quite impressive.
DSWL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.04% yearly.
Looking at the last year, DSWL shows a decrease in Revenue. The Revenue has decreased by -2.53% in the last year.
Measured over the past years, DSWL shows a small growth in Revenue. The Revenue has been growing by 0.67% on average per year.
EPS 1Y (TTM)45.73%
EPS 3Y11.04%
EPS 5YN/A
EPS Q2Q%19.68%
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y-7.71%
Revenue growth 5Y0.67%
Sales Q2Q%2.52%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
DSWL Yearly Revenue VS EstimatesDSWL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M

5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 5.23 indicates a rather cheap valuation of DSWL.
97.56% of the companies in the same industry are more expensive than DSWL, based on the Price/Earnings ratio.
DSWL is valuated cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.23
Fwd PE N/A
DSWL Price Earnings VS Forward Price EarningsDSWL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

97.56% of the companies in the same industry are more expensive than DSWL, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 4.42
EV/EBITDA -9.33
DSWL Per share dataDSWL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

DSWL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

8

5. Dividend

5.1 Amount

DSWL has a Yearly Dividend Yield of 5.41%, which is a nice return.
DSWL's Dividend Yield is rather good when compared to the industry average which is at 2.45. DSWL pays more dividend than 98.37% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, DSWL pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.41%

5.2 History

The dividend of DSWL has a limited annual growth rate of 5.89%.
DSWL has been paying a dividend for at least 10 years, so it has a reliable track record.
As DSWL did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)5.89%
Div Incr Years0
Div Non Decr Years7
DSWL Yearly Dividends per shareDSWL Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15 0.2

5.3 Sustainability

DSWL pays out 28.62% of its income as dividend. This is a sustainable payout ratio.
DP28.62%
EPS Next 2YN/A
EPS Next 3YN/A
DSWL Yearly Income VS Free CF VS DividendDSWL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5M 10M
DSWL Dividend Payout.DSWL Dividend Payout, showing the Payout Ratio.DSWL Dividend Payout.PayoutRetained Earnings

DESWELL INDUSTRIES INC

NASDAQ:DSWL (11/26/2025, 8:27:30 PM)

3.6607

-0.04 (-1.2%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners3.05%
Inst Owner Change-15.99%
Ins Owners71.21%
Ins Owner ChangeN/A
Market Cap58.35M
Revenue(TTM)67.61M
Net Income(TTM)11.14M
Analysts0
Price TargetN/A
Short Float %0.13%
Short Ratio0.34
Dividend
Industry RankSector Rank
Dividend Yield 5.41%
Yearly Dividend0.2
Dividend Growth(5Y)5.89%
DP28.62%
Div Incr Years0
Div Non Decr Years7
Ex-Date12-02 2025-12-02 (0.1)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 5.23
Fwd PE N/A
P/S 0.86
P/FCF 4.42
P/OCF 4.31
P/B 0.57
P/tB 0.57
EV/EBITDA -9.33
EPS(TTM)0.7
EY19.12%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.83
FCFY22.62%
OCF(TTM)0.85
OCFY23.19%
SpS4.24
BVpS6.41
TBVpS6.41
PEG (NY)N/A
PEG (5Y)N/A
Graham Number10.05
Profitability
Industry RankSector Rank
ROA 9.27%
ROE 10.91%
ROCE 3.23%
ROIC 2.55%
ROICexc 9.7%
ROICexgc 9.7%
OM 4.9%
PM (TTM) 16.47%
GM 20.18%
FCFM 19.53%
ROA(3y)6.04%
ROA(5y)6.56%
ROE(3y)7.15%
ROE(5y)8.01%
ROIC(3y)2.65%
ROIC(5y)2.63%
ROICexc(3y)7.45%
ROICexc(5y)6.56%
ROICexgc(3y)7.45%
ROICexgc(5y)6.56%
ROCE(3y)3.35%
ROCE(5y)3.34%
ROICexgc growth 3Y20.29%
ROICexgc growth 5Y26.32%
ROICexc growth 3Y20.29%
ROICexc growth 5Y26.32%
OM growth 3Y7.95%
OM growth 5Y16.94%
PM growth 3Y19.99%
PM growth 5YN/A
GM growth 3Y7.42%
GM growth 5Y2.09%
F-Score7
Asset Turnover0.56
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 21.86%
Cap/Sales 0.49%
Interest Coverage 250
Cash Conversion 280.03%
Profit Quality 118.53%
Current Ratio 5.45
Quick Ratio 4.91
Altman-Z 3.82
F-Score7
WACC9.2%
ROIC/WACC0.28
Cap/Depr(3y)31.02%
Cap/Depr(5y)42.11%
Cap/Sales(3y)0.69%
Cap/Sales(5y)0.93%
Profit Quality(3y)288.78%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.73%
EPS 3Y11.04%
EPS 5YN/A
EPS Q2Q%19.68%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y-7.71%
Revenue growth 5Y0.67%
Sales Q2Q%2.52%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-12.4%
EBIT growth 3Y-0.37%
EBIT growth 5Y17.72%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2.92%
FCF growth 3YN/A
FCF growth 5Y0.92%
OCF growth 1Y2.47%
OCF growth 3YN/A
OCF growth 5Y0.62%

DESWELL INDUSTRIES INC / DSWL FAQ

What is the ChartMill fundamental rating of DESWELL INDUSTRIES INC (DSWL) stock?

ChartMill assigns a fundamental rating of 6 / 10 to DSWL.


Can you provide the valuation status for DESWELL INDUSTRIES INC?

ChartMill assigns a valuation rating of 5 / 10 to DESWELL INDUSTRIES INC (DSWL). This can be considered as Fairly Valued.


What is the profitability of DSWL stock?

DESWELL INDUSTRIES INC (DSWL) has a profitability rating of 6 / 10.


Can you provide the dividend sustainability for DSWL stock?

The dividend rating of DESWELL INDUSTRIES INC (DSWL) is 8 / 10 and the dividend payout ratio is 28.62%.