The Marygold Companies Inc. Common Stock (MGLD)

FairStock Score: 46/100 — MIXED

Key Financials

AI Analysis

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

As a Graham-style investor, I begin with the business and the filed record. Marygold manages exchange-traded funds and also runs security systems, beauty products, and financial services, with only 81 employees. In fiscal 2026, the year ended 2026-06-30, revenue was $25.3 million and net income was -$4.4 million, or -$0.10 per diluted share. In fiscal 2025, revenue was $23.4 million and net loss was $5.8 million; in fiscal 2024, revenue was $32.8 million and net loss was $4.1 million. The company has not shown a durable profit, though fiscal Q3 2026, the quarter ended 2026-03-31, did produce revenue of $7.2 million and net income of $222,000, or $0.01 per diluted share. That single quarter is not enough to establish a moat. Asset management can be scalable, but this is a small, diversified collection of businesses, and trailing free cash flow is -$2.3 million, a -2.8% FCF yield. The balance sheet has low debt: D/E is 0.02, Altman Z is 11.82, and Piotroski is 6/9. However, at the 2026-10-13 close of $1.99, FairStock calculations show a market cap of $85 million, P/B of 4.42, P/E of -39.80, ROE of -21.45%, and ROCE of -5.53%. FairStock labels it a TURNAROUND—loss in latest year after earlier profits—and gives it 46/100. I would need evidence of recurring earnings and positive cash flow before treating this as a value opportunity.

In plain English: Marygold Companies runs exchange-traded funds and also sells security systems, beauty products, and financial services. The business looks weak: it lost money in its latest full year, spends more cash than it brings in, and pays no dividend. At $1.99 a share, the price looks high compared with its accounting net worth and current losses, so it depends on a turnaround.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

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 2026-03-31) · fiscal Q2 2026 10-Q (period ended 2025-12-31) · fiscal Q1 2026 10-Q (period ended 2025-09-30) · fiscal Q3 2025 10-Q (period ended 2025-03-31) · FY2026 10-K (period ended 2026-06-30) · FY2025 10-K (period ended 2025-06-30) · FY2024 10-K (period ended 2024-06-30)

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