CSP Inc. Common Stock (CSPI)

FairStock Score: 26/100 — RISKY

Key Financials

AI Analysis

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

I look for durable advantages and consistent earnings. CSP Inc. is a 123-employee technology services firm with a $75.1 million market cap, selling IT integration, security, cloud and cluster systems. From the figures, I see no obvious moat. In fiscal Q3 2026, the quarter ended 2026-06-30, revenue was $14.4 million and net income was -$846,000, with diluted EPS of -$0.09. In fiscal Q2 2026, ended 2026-03-31, revenue was $16.0 million and net income was $264,000, so the latest quarter reversed a brief profit. For full FY2025, revenue was $58.7 million and net income was -$91,000; FY2024 revenue was $55.2 million with a net loss of $326,000; and FY2023 revenue was $64.6 million with net income of $5.2 million. That is a turnaround profile, matching FairStock's Lynch category, because a loss followed earlier profits. The balance sheet is not heavily levered: D/E is 0.08. But FairStock calculates ROE at -1.49%, ROCE at -2.77%, Piotroski F-Score at 4/9, and Altman Z-Score at 2.83. Trailing free cash flow is -$1.4 million, a -1.9% FCF yield, so the 1.58% dividend is not covered by cash generation. At the 2026-10-13 close of $7.45, FairStock calculates a P/B of 1.69 and a negative P/E of -106.43. The stock sits near its 52-week low of $7.11, and FairStock's score is 26/100. Price may already reflect trouble, but without positive cash flow and stable profits, this is speculation, not a Graham bargain.

In plain English: CSP Inc. sells computer hardware, software, and technology services to businesses and defense customers. It is a small company that has recently lost money, and its sales have moved up and down. At $7.45 a share, the stock is near its low for the year; compared with its assets it does not look clearly cheap, and the weak profits make the price look fair at best.

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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 2026-06-30) · fiscal Q2 2026 10-Q (period ended 2026-03-31) · fiscal Q1 2026 10-Q (period ended 2025-12-31) · fiscal Q3 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-09-30) · FY2024 10-K (period ended 2024-09-30) · FY2023 10-K (period ended 2023-09-30)

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