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CSP Inc. ("CSPi" or "CSPI" or "the Company" or "we" or "our") was incorporated in 1968 and is based in Lowell, Massachusetts. To meet the diverse requirements of our commercial and defense customers worldwide, CSPi and its subsidiaries develop and market IT integration solutions, advanced security products, managed IT services, cloud services, purpose built network adapters, and high-performanc…
$8.16
$0.05 (-0.61%)
EOD Jul 17, 2026
The business is unprofitable at the operating level (-5.30% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 6.2%, steady but not accelerating. Free cash flow declined 52% despite revenue growth, conversion is weakening.
Free cash flow declined 52% versus the prior year, cash generation momentum has weakened. ROIC dropped from -3.10% to -5.23%, capital efficiency is deteriorating.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$58M
▲ +6.2% YoY
Net Income (TTM)
-$100K
▲ +72.1% YoY
Op. Margin
-4.71%
▼ -1.9pp YoY
ROIC
-4.62%
▼ -2.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$5M
▼ -52.2% YoY
Op. Cash Flow (TTM)
-$5M
▼ -46.2% YoY
Net Debt
-$22M
Net Cash Position
Cash & Equiv.
$23M
5Y CAGR: -1.0%
5Y CAGR: +167.6%
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CSP (CSPI)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, CSP scores 10/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
CSP scores 10 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -4.7% operating margin and a -4.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, CSP pays a regular dividend of about $0.12 per share per year (typically in quarterly installments), a yield of roughly 1.5% at the current price. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For CSPI's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh CSPI's valuation and scores 10/100 on quality (lower-quality). It also yields about 1.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.