GPGI Inc. Class A Common Stock (GPGI)

FairStock Score: 40/100 — MIXED

Key Financials

AI Analysis

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

GPGI is an industrial metal-fabrication business with injection-molding and CompoSecure payment-card/security operations. As a Graham-style investor, I begin with earning power and predictability. The filed record is not reassuring: in fiscal 2023, the year ended 2023-12-31, the company earned $19.2M on $390.6M of revenue; in fiscal 2024, the year ended 2024-12-31, it lost $53.7M on $420.6M of revenue; and in fiscal 2025, the year ended 2025-12-31, it lost $136.0M on just $59.8M of revenue. That revenue collapse and swing to large losses tell me this business lacks the consistency I prize. Quarterly filings are equally volatile: in fiscal Q3 2025, the quarter ended 2025-09-30, it lost $174.7M; in fiscal Q1 2026, the quarter ended 2026-03-31, it lost $235.0M; yet in fiscal Q2 2026, the quarter ended 2026-06-30, it earned $50.3M, or $0.17 per diluted share. FairStock's calculations show negative ROE of -20.62% and ROCE of -2.72%, with trailing free cash flow of -$69.9M. At the 2026-10-13 close of $12.72, FairStock calculates a P/B of 1.16 and a negative P/E of -7.19; a FairStock Score of 40/100 and a Piotroski F-Score of 4/9 suggest ordinary-to-weak fundamentals. The Altman Z-Score of 7.39 implies low bankruptcy risk on that measure, but balance-sheet survival is not the same as business quality. The Lynch category is Turnaround—loss in the latest year after earlier profits—which fits. A turnaround can work if margins recover and cash flow turns positive, but I see no durable moat in these numbers. Price is not high versus book, but book only matters if assets produce earnings. I would need stable revenue, positive free cash flow, and consistent profits before calling this sound value.

In plain English: GPGI makes machines for plastic molding and also metal payment cards and security products. The business looks weak: it made money in fiscal 2023 but lost money in fiscal 2024 and fiscal 2025, and revenue fell sharply in fiscal 2025. The stock price is near its accounting value and far below its 52-week high, but losses and negative cash flow make it look like a risky turnaround rather than a clear bargain.

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

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

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