TON STRATEGY CO (TONX) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:TONX • US92337U3023

1.8 USD
-0.13 (-6.98%)
At close: Feb 5, 2026
1.8 USD
0 (0%)
After Hours: 2/5/2026, 8:00:02 PM
Fundamental Rating

4

Overall TONX gets a fundamental rating of 4 out of 10. We evaluated TONX against 278 industry peers in the Software industry. No worries on liquidiy or solvency for TONX as it has an excellent financial health rating, but there are worries on the profitability. While showing a medium growth rate, TONX is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year TONX has reported negative net income.
  • TONX had a negative operating cash flow in the past year.
  • TONX had negative earnings in each of the past 5 years.
  • TONX had a negative operating cash flow in each of the past 5 years.
TONX Yearly Net Income VS EBIT VS OCF VS FCFTONX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 -10M -20M -30M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 11.30%, TONX belongs to the top of the industry, outperforming 87.41% of the companies in the same industry.
  • With a decent Return On Equity value of 11.70%, TONX is doing good in the industry, outperforming 74.82% of the companies in the same industry.
Industry RankSector Rank
ROA 11.3%
ROE 11.7%
ROIC N/A
ROA(3y)-137.96%
ROA(5y)-120.78%
ROE(3y)-502.89%
ROE(5y)-407.82%
ROIC(3y)N/A
ROIC(5y)N/A
TONX Yearly ROA, ROE, ROICTONX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2K -4K -6K -8K

1.3 Margins

  • TONX's Profit Margin of 963.98% is amongst the best of the industry. TONX outperforms 97.84% of its industry peers.
  • TONX has a better Gross Margin (74.48%) than 64.03% of its industry peers.
  • TONX's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM N/A
PM (TTM) 963.98%
GM 74.48%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.42%
GM growth 5Y10.03%
TONX Yearly Profit, Operating, Gross MarginsTONX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20K -40K -60K

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • TONX does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • TONX has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for TONX has been increased compared to 5 years ago.
  • Compared to 1 year ago, TONX has an improved debt to assets ratio.
TONX Yearly Shares OutstandingTONX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
TONX Yearly Total Debt VS Total AssetsTONX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

2.2 Solvency

  • TONX has an Altman-Z score of 2.73. This is not the best score and indicates that TONX is in the grey zone with still only limited risk for bankruptcy at the moment.
  • With a decent Altman-Z score value of 2.73, TONX is doing good in the industry, outperforming 61.87% of the companies in the same industry.
  • TONX 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 N/A
Altman-Z 2.73
ROIC/WACCN/A
WACC11.07%
TONX Yearly LT Debt VS Equity VS FCFTONX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M -20M

2.3 Liquidity

  • TONX has a Current Ratio of 7.48. This indicates that TONX is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of TONX (7.48) is better than 92.81% of its industry peers.
  • TONX has a Quick Ratio of 7.48. This indicates that TONX is financially healthy and has no problem in meeting its short term obligations.
  • TONX's Quick ratio of 7.48 is amongst the best of the industry. TONX outperforms 92.81% of its industry peers.
Industry RankSector Rank
Current Ratio 7.48
Quick Ratio 7.48
TONX Yearly Current Assets VS Current LiabilitesTONX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • TONX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 89.90%, which is quite impressive.
  • The Revenue has grown by 3760.70% in the past year. This is a very strong growth!
  • The Revenue for TONX have been decreasing by -37.11% on average. This is quite bad
EPS 1Y (TTM)89.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%75.63%
Revenue 1Y (TTM)3760.7%
Revenue growth 3Y-56.02%
Revenue growth 5Y-37.11%
Sales Q2Q%2719.53%

3.2 Future

  • The Earnings Per Share is expected to grow by 35.39% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, TONX will show a very strong growth in Revenue. The Revenue will grow by 347.21% on average per year.
EPS Next Y74.55%
EPS Next 2Y35.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1275%
Revenue Next 2Y347.21%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
TONX Yearly Revenue VS EstimatesTONX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2M 4M 6M 8M 10M
TONX Yearly EPS VS EstimatesTONX Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 -2K -4K -6K

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for TONX. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for TONX. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
TONX Price Earnings VS Forward Price EarningsTONX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
TONX Per share dataTONX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10

4.3 Compensation for Growth

  • TONX's earnings are expected to grow with 35.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y35.39%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for TONX!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

TON STRATEGY CO

NASDAQ:TONX (2/5/2026, 8:00:02 PM)

After market: 1.8 0 (0%)

1.8

-0.13 (-6.98%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-12
Earnings (Next)03-23
Inst Owners39.41%
Inst Owner ChangeN/A
Ins Owners3.04%
Ins Owner Change22.35%
Market Cap106.36M
Revenue(TTM)7.76M
Net Income(TTM)74.81M
Analysts82.86
Price Target63.24 (3413.33%)
Short Float %4.17%
Short Ratio3.14
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)31.96%
Min EPS beat(2)13.98%
Max EPS beat(2)49.95%
EPS beat(4)4
Avg EPS beat(4)24.01%
Min EPS beat(4)13.98%
Max EPS beat(4)49.95%
EPS beat(8)7
Avg EPS beat(8)13.56%
EPS beat(12)9
Avg EPS beat(12)13.59%
EPS beat(16)10
Avg EPS beat(16)8.09%
Revenue beat(2)2
Avg Revenue beat(2)100.7%
Min Revenue beat(2)48.67%
Max Revenue beat(2)152.73%
Revenue beat(4)4
Avg Revenue beat(4)128.94%
Min Revenue beat(4)48.67%
Max Revenue beat(4)254.41%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 13.71
P/FCF N/A
P/OCF N/A
P/B 0.17
P/tB 0.17
EV/EBITDA N/A
EPS(TTM)-7.47
EYN/A
EPS(NY)-5.38
Fwd EYN/A
FCF(TTM)-5.25
FCFYN/A
OCF(TTM)-0.25
OCFYN/A
SpS0.13
BVpS10.82
TBVpS10.66
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 11.3%
ROE 11.7%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 963.98%
GM 74.48%
FCFM N/A
ROA(3y)-137.96%
ROA(5y)-120.78%
ROE(3y)-502.89%
ROE(5y)-407.82%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.42%
GM growth 5Y10.03%
F-Score6
Asset Turnover0.01
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 23781%
Cap/Sales 3806.19%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 7.48
Quick Ratio 7.48
Altman-Z 2.73
F-Score6
WACC11.07%
ROIC/WACCN/A
Cap/Depr(3y)80.2%
Cap/Depr(5y)79.39%
Cap/Sales(3y)194.62%
Cap/Sales(5y)121.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)89.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%75.63%
EPS Next Y74.55%
EPS Next 2Y35.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3760.7%
Revenue growth 3Y-56.02%
Revenue growth 5Y-37.11%
Sales Q2Q%2719.53%
Revenue Next Year1275%
Revenue Next 2Y347.21%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-183.31%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year41.35%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2374.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-23.03%
OCF growth 3YN/A
OCF growth 5YN/A

TON STRATEGY CO / TONX FAQ

Can you provide the ChartMill fundamental rating for TON STRATEGY CO?

ChartMill assigns a fundamental rating of 4 / 10 to TONX.


Can you provide the valuation status for TON STRATEGY CO?

ChartMill assigns a valuation rating of 1 / 10 to TON STRATEGY CO (TONX). This can be considered as Overvalued.


What is the profitability of TONX stock?

TON STRATEGY CO (TONX) has a profitability rating of 3 / 10.


How financially healthy is TON STRATEGY CO?

The financial health rating of TON STRATEGY CO (TONX) is 8 / 10.