Loading institutional data...
Loading institutional data...
No institutional (13F) filings cover this company, so the Overview and 13F tabs are thin. Everything drawn from its SEC filings is here.
Loading snapshot...
Loading financials...
Loading valuation...
Loading analysis...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Ranked against 24 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-09-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MITK | $815M | 95.1× | 53.4× | 4.5× | 4.4% | — | 4.9% | 3.7% | 1.6% | 8.3× | 35 |
| KRNT | $753M | — | — | 3.6× | 2.1% | 44.3% | -6.5% | -1.9% | -1.9% | — | 23 |
| PAR | $731M | — | — | 1.6× | 30.2% | 43.5% | -18.5% | -10.2% | -6.9% | — | 31 |
| SSYS | $592M | — | — | 1.1× | -3.7% | 41.2% | -18.9% | -12.4% | -12.4% | — | 25 |
| OIS | $579M | — | — | 0.9× | -3.4% | 19.9% | -16.3% | -19.1% | -17.4% | — | 27 |
| HY | $511M | — | 46.6× | 0.1× | -12.5% | 16.8% | -1.6% | -12.7% | -5.1% | — | 25 |
| CMCO | $432M | — | — | 0.4× | 23.9% | 30.1% | -19.2% | -15.8% | -6.0% | — | 25 |
| ALLT | $428M | 108.5× | 53.7× | 4.2× | 10.6% | 71.1% | 3.6% | 3.3% | 3.3% | -2.2× | 12 |
| NNBR | $368M | — | 30.4× | 0.9× | -9.1% | — | -8.1% | -100% | -17.6% | 8.7× | 8 |
| ERII | $355M | 16.6× | 11.1× | 2.6× | -6.9% | 65.1% | 17.0% | 11.1% | 11.1% | -1.7× | 33 |
| TWIN | $349M | 12.9× | 11.4× | 0.9× | 11.9% | 26.9% | 7.1% | 12.3% | 10.9% | 0.4× | 14 |
| HLP | $303M | 135.3× | 100.3× | 15.5× | — | 32.5% | 9.9% | 3.4% | 2.8% | 3.1× | 1 |
| LTRX | $282M | — | — | 2.3× | -1.6% | 43.8% | -3.5% | -3.5% | -3.5% | — | 10 |
| GENC | $251M | 16.0× | 13.7× | 2.2× | 2.0% | 27.5% | 13.6% | 7.4% | 7.4% | -1.6× | 15 |
| PPIH | $240M | 14.0× | 7.4× | 1.1× | 33.2% | 32.9% | 8.1% | 18.8% | 13.8% | 0.4× | 19 |
| IMMR | $239M | 51.4× | 2.5× | 0.1× | 11.2% | — | 0.3% | 1.5% | 1.2% | -1.0× | 25 |
| ALOT | $227M | — | 40.7× | 1.5× | -0.5% | 31.6% | -1.6% | -3.1% | -2.4% | 2.9× | — |
| ASYS | $223M | — | — | 2.8× | -21.6% | 34.0% | -38.2% | -56.8% | -56.5% | — | 16 |
| RR | $213M | — | — | 42.2× | 19.0% | 35.9% | -973% | -19.6% | -19.6% | — | 26 |
| VELO | $211M | — | — | 4.6× | 12.1% | -16.1% | -155% | -187% | -103% | — | 25 |
| SILC | $193M | — | — | 3.1× | 6.6% | 30.6% | -18.5% | -9.8% | -9.8% | — | 6 |
| TAYD | $181M | 21.3× | 19.4× | 4.3× | -10.0% | 44.1% | 20.6% | 11.8% | 11.8% | -0.1× | 11 |
| RDCM | $171M | 14.3× | 16.2× | 2.4× | 17.2% | 76.0% | 16.8% | 10.5% | 10.5% | -3.5× | 4 |
| OSS | $129M | 23.4× | — | 4.0× | 31.2% | 49.6% | 15.8% | 11.1% | 11.1% | — | 16 |
| GLGI | $5M | — | — | 0.2× | -52.4% | -6.2% | -29.9% | -71.5% | -23.2% | — | — |
Peers = companies sharing GLGI's sector (Special Industry Machinery, NEC) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $2K dividends + $123K buybacks = $125K returned on -$3.5M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -23%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
EOD close · as of 2026-10-30
How a revenue dollar becomes profit — FY2026
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.5M 100.0% | $57.9M 100.0% | $61.8M 100.0% | $60.8M 100.0% | $74.2M 100.0% | $64.9M 100.0% | $76.2M 100.0% | $3.4M 100.0% | $48.6M 100.0% | $40.0M 100.0% |
| Cost of Revenue | $29.3M 106.2% | $47.8M 82.6% | $50.1M 81.0% | $51.4M 84.6% | $66.4M 89.5% | $53.5M 82.4% | $64.7M 84.9% | $62.8M 1845.8% | $41.6M 85.5% | $32.6M 81.3% |
| Cost of Products | — | — | — | — | — | — | — | — | — | $32.6M 81.3% |
| Gross Profit | -$1.7M -6.2% | $10.0M 17.4% | $11.7M 19.0% | $9.3M 15.4% | $7.8M 10.5% | $11.5M 17.6% | $11.5M 15.1% | $8.2M 242.0% | $7.0M 14.5% | $7.5M 18.7% |
| Selling, General & Admin | $6.1M 22.0% | $6.5M 11.2% | $5.2M 8.4% | $5.1M 8.4% | $5.2M 7.0% | $5.2M 8.0% | $4.6M 6.1% | $3.9M 115.2% | $3.0M 6.2% | $3.0M 7.5% |
| Operating Income | -$7.8M -28.2% | $4.3M 7.5% | $7.1M 11.6% | $4.2M 7.0% | $2.6M 3.5% | $6.3M 9.6% | $6.9M 9.0% | $4.3M 126.8% | $4.0M 8.2% | $4.5M 11.1% |
| Interest Expense | — | $1.0M 1.8% | $1.3M 2.1% | $1.2M 2.0% | — | — | — | — | — | — |
| Other Income (Expense), net | — | — | — | — | — | — | — | — | $12K 0.0% | $17K 0.0% |
| Pretax Income | -$8.7M -31.5% | $3.5M 6.0% | $6.1M 9.8% | $8.8M 14.6% | $5.1M 6.9% | $5.1M 7.9% | $5.2M 6.8% | $2.5M 73.2% | $2.6M 5.4% | $3.3M 8.1% |
| Income Tax Expense | -$440K -1.6% | $1.1M 1.9% | $1.0M 1.7% | $2.5M 4.1% | $535K 0.7% | $1.5M 2.3% | $209K 0.3% | $436K 12.8% | $772K 1.6% | $1.0M 2.5% |
| Net Income | -$8.2M -29.9% | $2.4M 4.1% | $5.0M 8.1% | $6.4M 10.5% | $4.5M 6.1% | $3.6M 5.6% | $5.0M 6.5% | $2.1M 60.4% | $1.9M 3.8% | $2.2M 5.6% |
| Per Share | ||||||||||
| EPS (Basic) | -$0.30 | $0.07 | $0.16 | $0.21 | $0.14 | $0.11 | $0.15 | $0.05 | — | — |
| EPS (Diluted) | -$0.30 | $0.07 | $0.15 | $0.20 | $0.13 | $0.10 | $0.15 | $0.05 | — | — |
| Weighted Avg Shares (Basic) | 27.3M | 28.1M | 28.3M | 28.3M | 28.4M | 28.4M | 28.4M | 28.4M | 28.4M | 28.3M |
| Weighted Avg Shares (Diluted) | 27.3M | 28.6M | 28.8M | 32.1M | 32.3M | 32.4M | 32.3M | 29.0M | 29.0M | 28.9M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Solve the discounted cash flow backwards, then stress-test the assumptions.
Average free cash flow across the last 2 positive fiscal years (FY2024, FY2025). Smooths the cycle. Stock compensation is NOT charged — it is added back inside operating cash flow.
To be worth $0.19 today, the market must believe free cash flow compounds -15.2%/yr for a decade (off $7.1M on the 3-yr avg basis).
Default is 10.2% — this company's computed cost of capital (computed WACC), the same rate the Analysis tab discounts at.
2-stage DCF · 0.03B shares (market data) · net debt $23.5M
Today's price is outside this grid at every discount rate shown — the assumptions it requires lie beyond the plotted range, which is itself the finding.
mean -175.1% · volatility σ 473% · implied rate exceeded in 1/7 yrs
Central path = implied -15.2%/yr growth; shaded band = ±1σ (473%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $696K is below the $2.2M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2023-05-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~9.2% on $11.1M of debt. Interest last disclosed in FY2025 (no longer broken out).
Cash of $512K is below short-term debt of $12.0M — relies on refinancing/operations.
Mostly short-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-10-30
Where each multiple sits in its own 15-yr range · 4th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 15-yr history.
Is the profit real, and how strong is the balance sheet?
FY2026 · every deduction from revenue to net income
DuPont — the three levers
ROE -72% against ROIC -23% — -48% of the return on equity comes from leverage and buybacks rather than from the operating business.
Equity is the year-end figure. On average equity over the two year-ends, ROE is -52.5% — the two diverge when buybacks or issuance move equity during the year.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 5.3× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 1845.8 | 84.9 | 82.4 | 89.5 | 84.6 | 81.0 | 82.6 | 106.2 |
| Gross Profit | 242.0 | 15.1 | 17.6 | 10.5 | 15.4 | 19.0 | 17.4 | -6.2 |
| SG&A | 115.2 | 6.1 | 8.0 | 7.0 | 8.4 | 8.4 | 11.2 | 22.0 |
| Operating Income | 126.8 | 9.0 | 9.6 | 3.5 | 7.0 | 11.6 | 7.5 | -28.2 |
| Income Tax | 12.8 | 0.3 | 2.3 | 0.7 | 4.1 | 1.7 | 1.9 | -1.6 |
| Net Income | 60.4 | 6.5 | 5.6 | 6.1 | 10.5 | 8.1 | 4.1 | -29.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on GLGI: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
Earns -25.55pts against its cost of capital — capital is being consumed, not created.
| Period | ROIC | Cost of capital | Spread |
|---|---|---|---|
| FY2020 | 14.4% | 10.2% (today's — no rate published for this year) | 4.2pts |
| FY2021 | 17.3% | 10.2% (today's — no rate published for this year) | 7.2pts |
| FY2022 | 6.9% | 10.2% (today's — no rate published for this year) | -3.3pts |
| FY2023 | 7.5% | 5.6% | 1.8pts |
| FY2024 | 13.9% | 5.7% | 8.1pts |
| FY2025 | 9.0% | 6.2% | 2.8pts |
| FY2026 | -13.8% | 10.2% (today's — no rate published for this year) | -23.9pts |
| Now | -23.2% | 10.2% | -33.4pts |
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2017 | 18.7% | 11.1% | 5.6% |
| FY2018 | 14.5% | 8.2% | 3.8% |
| FY2019 | 242.0% | 126.8% | 60.4% |
| FY2020 | 15.1% | 9.0% | 6.5% |
| FY2021 | 17.6% | 9.6% | 5.6% |
| FY2022 | 10.5% | 3.5% | 6.1% |
| FY2023 | 15.4% | 7.0% | 10.5% |
| FY2024 | 19.0% | 11.6% | 8.1% |
| FY2025 | 17.4% | 7.5% | 4.1% |
| FY2026 | -6.2% | -28.2% | -29.9% |
Return on equity is 48 points BELOW the return on invested capital, which means the equity base is carrying capital the operations are not earning on — usually cash, goodwill, or a recent raise.
ROE is on average equity; ROIC is NOPAT over average invested capital (debt plus equity less excess cash). The gap is not a single adjustment.
ROIC ex-goodwill is -15.35% against -15.35% reported — the return is earned on a capital base inflated by what was paid for acquisitions, not by the operating business alone.
Converts 1.30x of reported profit into free cash flow over 5 years, with accruals negative.
Capex has been below depreciation for 3 consecutive years (0.94x on average over the last 5). Spending less than the asset base is consuming flatters free cash flow now and defers the cost — though depreciation also covers amortisation of acquired intangibles, which capex is not meant to replace.
Missing from our data, so excluded from this answer: share_based_compensation.
Debt is present but there is no positive EBITDA or no reported interest expense, so coverage cannot be measured.
This schedule comes from a filing dated 2023-05-31, 1249 days old. Maturities are shown relative to that date, not to today.
Ladder as of 2023-05-31 (10-K); cash from the 2023-05-31 balance sheet; FCF from FY2023. Free cash flow is negative, so projected resources fall rather than accumulate.
Balance sheet at 2023-05-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
No material counter-signal in the checked set: net debt / EBITDA, interest coverage, stressed coverage, maturity schedule vs cash and one year of FCF, liquidity ratios.
Missing from our data, so excluded from this answer: ebitda.
At $0.19, free cash flow must compound -11.91%/yr for 10 years. It has no positive compounding record to compare against.
| Fiscal year | FCF growth | Price requires |
|---|---|---|
| FY2021 | 422.7% | −11.9% |
| FY2022 | −95.9% | −11.9% |
| FY2023 | −1147.2% | −11.9% |
| FY2025 | −52.7% | −11.9% |
| FY2026 | −176.2% | −11.9% |
The implied rate has been matched or beaten in 1 of the last 5 years.
| Step | Amount | Running total |
|---|---|---|
| Net income | −$8M | −$8M |
| Share-based comp | not reported | not reported |
| Other non-cash & working capital | $7M | −$1M |
| Operating cash flow | −$1M | −$1M |
| Capex | −$2M | −$3M |
| Free cash flow | −$3M | −$3M |
| Fiscal year | Revenue growth | Receivables growth | Gap |
|---|---|---|---|
| FY2021 | -14.8% | -31.3% | -16.4 points |
| FY2022 | 14.2% | 30.9% | 16.6 points |
| FY2023 | -18.1% | -19.1% | -1.0 points |
| FY2024 | 1.7% | -8.9% | -10.6 points |
| FY2025 | -6.3% | not reported | not reported |
| FY2026 | -52.4% | not reported | not reported |
| Fiscal year | DSO | DIO | DPO | Cash conversion cycle |
|---|---|---|---|---|
| FY2020 | 32 days | 23.9 days | 27.8 days | 28 days |
| FY2021 | 25.8 days | 23.5 days | 25.6 days | 23.6 days |
| FY2022 | 29.5 days | 22.6 days | 43 days | 9.1 days |
| FY2023 | 29.2 days | 31.8 days | 23.7 days | 37.3 days |
| FY2024 | 26.1 days | 28.2 days | 19.2 days | 35.2 days |
| FY2025 | not reported | 26.6 days | 30.7 days | not reported |
| FY2026 | not reported | 33.5 days | not reported | not reported |
| Fiscal year | Accruals / assets |
|---|---|
| FY2020 | -7.9 percent |
| FY2021 | -26.4 percent |
| FY2022 | -4.6 percent |
| FY2023 | 5.1 percent |
| FY2024 | -14.1 percent |
| FY2025 | -17.3 percent |
| FY2026 | -18.1 percent |
Below the line, the asset base is being consumed faster than it is replaced.
Below the line for 3 consecutive years to the latest.
Depreciation here includes amortisation of acquired intangibles — goodwill written down over time, customer lists, acquired technology. Capex does not replace those and is not meant to, so an acquisitive or asset-light company sits below 1.0 permanently and correctly. The signal is cleanest for capital-intensive businesses, where the two measure the same physical base. For that reason this informs the earnings-quality verdict but never caps it.