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Upturn AI Summary - About
Deswell Industries Inc(DSWL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for DSWL
10/16/2026: DSWL (1-star) is currently NOT-A-BUY. Pass it for now.
Deswell Industries is a micro-cap electronic manufacturing services provider specializing in plastic injection molding and electronic assembly for original equipment manufacturers. The company’s primary strength lies in its long-standing operational history and a conservative, low-debt balance sheet that provides stability. While the company offers a niche service, its heavy reliance on a single manufacturing region and a highly competitive, low-margin industry present significant growth hurdles. Investors should monitor the company’s ability to navigate trade tensions and manage rising labor costs. Given its size and business profile, Deswell may best suit investors looking for specialized industrial exposure, though it remains vulnerable to cyclical consumer electronic demand and execution risks.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company is a mature, low-growth manufacturer with limited catalysts for explosive expansion. |
| Momentum investor | Weak fit | The stock lacks the high volatility and upward volume trends typically sought by momentum traders. |
| Value investor | Mixed fit | Investors may find interest if the stock trades at a deep discount to tangible book value. |
| Dividend investor | Mixed fit | While dividends have been paid, the sustainability and growth of these payments are subject to operational performance. |
| Low-risk investor | Weak fit | Exposure to small-cap industrial risks and regional manufacturing dependency creates higher risk than blue-chip alternatives. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Small-cap stocks with low liquidity can experience significant price swings. |
| Valuation risk | Medium | Valuation is tied closely to earnings capacity which remains vulnerable to economic cycles. |
| Competition risk (EMS market) | High | Large competitors exert significant pricing pressure on smaller manufacturers. |
| Business quality | Medium | The business operates in a low-margin sector where scaling is difficult. |
| Dividend income | Medium | Dividends are not fixed and depend on fluctuating profitability. |
| Execution risk | Medium / high | Operational disruptions in manufacturing sites can severely impact revenue. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 27.69% | Avg. Invested days 43 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/16/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 49.40M USD | Price to earnings Ratio 4.64 | 1Y Target Price 7.75 |
Price to earnings Ratio 4.64 | 1Y Target Price 7.75 | ||
Volume (30-day avg) 8.5K shares | Beta 0.53 | 52 Weeks Range 2.71 - 3.75 | Updated Date 10/18/2026 |
52 Weeks Range 2.71 - 3.75 | Updated Date 10/18/2026 | ||
Dividends yield (FY) 6.43% | Basic EPS (TTM) 0.67 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Plastic Molding | Custom injection-molded components for consumer and industrial goods. | The company earns revenue by selling precise plastic parts to other companies. |
| Electronic Assembly | Assembly of PCBs and integrated products. | The company generates cash by building and testing electronic assemblies for tech hardware. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 4.64 | Forward PE 96.15 | Enterprise Value -32.45M | Price to Sales(TTM) 0.81 |
Enterprise Value -32.45M | Price to Sales(TTM) 0.81 | ||
Enterprise Value to Revenue 0.03 | Enterprise Value to EBITDA 0.51 | Shares Outstanding 15.89M | Shares Floating 4.54M |
Shares Outstanding 15.89M | Shares Floating 4.54M | ||
Percent Insiders 71.26 | Percent Institutions 6.08 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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