Art's-Way Manufacturing Co. Inc. Common Stock (ARTW)

FairStock Score: 74/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look first for a durable business with predictable cash flows, and Art's-Way does not quite fit. It sells specialized farm equipment and modular science and agricultural buildings, a cyclical industry, with only 95 employees and an $18.5M market cap. In fiscal Q3 2026, the quarter ended 2026-08-31, revenue was $5.6M and net income was -$139,720, or -$0.03 per diluted share. That reversed fiscal Q2 2026, the quarter ended 2026-05-31, when revenue was $7.9M and net income was $173,479, or $0.03 per diluted share. For full fiscal 2025, the year ended 2025-11-30, revenue was $23.0M and net income was $1.0M, or $0.20 per diluted share. On the surface that is profitable, but revenue has fallen from $30.3M in fiscal 2023 and $24.5M in fiscal 2024. FairStock's calculations at the 2026-10-13 close of $3.55 show a price-to-book of 1.34, a negative P/E of -355, EV/EBITDA of 18.71, and a free cash flow yield of -13.9%. Debt-to-equity is 0.47, return on equity is -0.16%, and ROCE is 1.10%. Those are not the marks of a high-return compounder. The Piotroski F-Score of 5/9 and Altman Z-Score of 2.45 suggest middling financial strength. The company is categorized by FairStock as cyclical, and its trailing free cash flow was -$2.6M. I would want to see consistent positive cash generation and higher returns on capital before calling this a bargain, even at 1.34 times book.

In plain English: Art's-Way makes specialized farm machinery and modular science and agricultural buildings. It is a small, cyclical business with thin profits; it lost money in the latest filed quarter after a profitable prior quarter. At the recent $3.55 close, the price looks roughly fair to expensive against its earnings and cash flow, though it is not far above its net assets.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-08-31) · fiscal Q2 2026 10-Q (period ended 2026-05-31) · fiscal Q1 2026 10-Q (period ended 2026-02-28) · fiscal Q3 2025 10-Q (period ended 2025-08-31) · FY2025 10-K (period ended 2025-11-30) · FY2024 10-K (period ended 2024-11-30) · FY2023 10-K (period ended 2023-11-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer