A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
CSP INC /MA/
CSPI
$72M
Mkt Cap
$7.95
+1.02%
CSP INC /MA/ (CSPI) has a 5-year average return on invested capital (ROIC) of 2.9%. This is below average and may indicate limited pricing power.
CSP INC /MA/ (CSPI) has a market capitalization of $80M. It is classified as a small-cap stock.
Yes, CSP INC /MA/ (CSPI) pays a dividend with a trailing twelve-month yield of 1.51%. The company also returns capital through share buybacks, with a buyback yield of 1.09%.
CSP INC /MA/ (CSPI) operates in the Services-Computer Integrated Systems Design industry, within the Technology sector.
CSP INC /MA/ (CSPI) reported annual revenue of $59 million in its most recent fiscal year, based on SEC EDGAR filings.
CSP INC /MA/ (CSPI) has a net profit margin of -0.2%. The company is currently unprofitable.
CSP INC /MA/ (CSPI) generated $2 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
CSP Inc. ("CSPi" or "CSPI" or "the Company" or "we" or "our") was incorporated in 1968 and is based in Lowell, Massachusetts. To meet the diverse requirements of our commercial and defense customers worldwide, CSPi and its subsidiaries develop and market IT integration solutions, advanced security products, managed IT services, cloud services, purpose built network adapters, and high-performance cluster computer systems. CSPI operates in two segments: Technology Solutions ("TS") and High Performance Products ("HPP"). TS Segment ●The TS segment consists of our wholly-owned Modcomp, Inc. subsidiary, which operates in the United States and the United Kingdom. The TS segment generates product revenues by reselling third-party computer hardware and software as a value added reseller ("VAR").
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 58M | 59M | 55M | 65M | 54M | 49M |
| Net Income | -100K | -91K | -326K | 5.2M | 1.9M | 699K |
| EPS | $-0.01 | $-0.01 | $-0.04 | $0.55 | $0.21 | $0.08 |
| Free Cash Flow | -5.2M | 1.9M | 4.0M | 3.7M | 2.4M | 1.8M |
| ROIC | -9.8% | -0.2% | -0.7% | 10.4% | - | 2.2% |
| Gross Margin | 32.7% | 31.5% | 34.1% | 33.9% | 34.6% | 32.8% |
| Debt/Equity | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends/Share | $0.00 | $0.12 | $0.11 | $0.07 | $0.02 | $0.00 |
| Operating Income | -2.7M | -3.1M | -1.9M | 1.9M | - | -1.4M |
| Operating Margin | -4.7% | -5.3% | -3.4% | 2.9% | - | -2.8% |
| ROE | -0.2% | -0.2% | -0.7% | 12.2% | 5.2% | 2.2% |
| Shares Outstanding | 10M | 9M | 8M | 9M | 9M | 9M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 85M | 89M | 103M | 88M | 73M | 79M | 62M | 49M | 54M | 65M | 55M | 59M | 58M |
| Gross Margin | 24.6% | 21.5% | 24.2% | 24.2% | 25.2% | 22.8% | 27.8% | 32.8% | 34.6% | 33.9% | 34.1% | 31.5% | 32.7% |
| R&D | 3.5M | 2.8M | 3.0M | 2.4M | 3.3M | 2.8M | 2.8M | 2.9M | 3.1M | 3.1M | 3.0M | 3.3M | 3.4M |
| SG&A | 16M | 16M | 18M | 16M | 17M | 16M | 16M | 15M | 16M | 17M | 18M | 18M | 18M |
| EBIT | 1.7M | 226K | 3.8M | 3.4M | -1.6M | -826K | -1.4M | -1.4M | N/A | 1.9M | -1.9M | -3.1M | -2.7M |
| Op. Margin | 2.0% | 0.3% | 3.7% | 3.8% | -2.2% | -1.0% | -2.3% | -2.8% | N/A | 2.9% | -3.4% | -5.3% | -4.7% |
| Net Income | 1.3M | -210K | 2.6M | 2.5M | 14M | -371K | -1.4M | 699K | 1.9M | 5.2M | -326K | -91K | -100K |
| Net Margin | 1.6% | -0.2% | 2.5% | 2.8% | 19.8% | -0.5% | -2.3% | 1.4% | 3.5% | 8.0% | -0.6% | -0.2% | -0.2% |
| Non-Recurring | 402K | 506K | 551K | 294K | 551K | 503K | -14K | 0 | 0 | -4K | -1K | -1K | -1K |
| Returns on Capital | |||||||||||||
| ROIC | 26.0% | -26.2% | 35.5% | 20.8% | 52.7% | -1.1% | -4.8% | 2.2% | N/A | 10.4% | -0.7% | -0.2% | -9.8% |
| ROE | 6.0% | -1.0% | 14.0% | 13.0% | 52.7% | -1.2% | -4.8% | 2.2% | 5.2% | 12.2% | -0.7% | -0.2% | -0.2% |
| ROA | 2.9% | -0.5% | 5.4% | 4.7% | 25.3% | -0.6% | -2.6% | 1.2% | 2.7% | 7.4% | -0.5% | -0.1% | -0.1% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 1.1M | -2.3M | 5.0M | 2.7M | 2.9M | -3.3M | 244K | 1.9M | 2.7M | 3.9M | 4.2M | 2.3M | -4.8M |
| Free Cash Flow | 533K | -3.1M | 4.3M | 2.5M | 2.4M | -4.2M | 14K | 1.8M | 2.4M | 3.7M | 4.0M | 1.9M | -5.2M |
| Owner Earnings | 252K | -3.2M | 4.0M | 1.7M | 1.7M | -4.5M | -1.2M | 543K | 1.3M | 2.4M | 2.3M | 262K | -6.7M |
| CapEx | 590K | 724K | 735K | 207K | 438K | 832K | 230K | 98K | 234K | 226K | 196K | 348K | 413K |
| Maint. CapEx | 510K | 516K | 570K | 365K | 506K | 405K | 443K | 379K | 350K | 343K | 292K | 237K | 245K |
| Growth CapEx | 80K | 208K | 165K | 0 | 0 | 427K | 0 | 0 | 0 | 0 | 0 | 111K | 168K |
| D&A | 510K | 516K | 570K | 365K | 506K | 405K | 443K | 379K | 350K | 343K | 292K | 237K | 245K |
| CapEx/OCF | 52.5% | N/A | 14.7% | 7.8% | 15.2% | N/A | 94.3% | 5.1% | 8.7% | 5.8% | 4.7% | 15.3% | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 1.5M | 1.6M | 1.7M | 1.7M | 1.9M | 2.5M | 1.3M | 0 | 137K | 656K | 1.0M | 1.2M | 0 |
| Dividend Yield | 8.0% | 8.8% | 7.7% | 4.9% | 4.6% | 5.3% | 3.1% | N/A | 0.4% | 1.2% | 0.9% | 0.9% | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 46K | 0 | 174K | 6K | 104K | 869K | 869K |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | 0.1% | N/A | 0.6% | 0.0% | 0.1% | 0.8% | 1.1% |
| Stock-Based Comp | 361K | 375K | 414K | 577K | 691K | 792K | 982K | 981K | 979K | 1.1M | 1.6M | 1.8M | 1.7M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 1.1M | 332K | 736K | 406K | 427K | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | -15M | -8.3M | -9.9M | -7.3M | -22M | -17M | -19M | -20M | -24M | -25M | -31M | N/A | -23M |
| Cash & Equiv. | 16M | 11M | 13M | 10M | 25M | 18M | 19M | 20M | 24M | 25M | 31M | 27M | 23M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | 324K | 52K | 5K | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | 0.10 | 0.15 | 0.18 | 0.15 | 0.09 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.60 | 0.00 |
| Interest Coverage | 76.5 | 12.6 | 543.0 | 485.0 | -145.5 | -8.3 | -6.2 | -3.9 | N/A | 7.1 | -8.0 | -8.7 | -8.7 |
| Equity | 21M | 20M | 18M | 21M | 34M | 30M | 30M | 34M | 39M | 46M | 47M | 45M | 45M |
| Total Assets | 46M | 47M | 49M | 59M | 55M | 59M | 54M | 63M | 75M | 66M | 69M | 71M | 70M |
| Total Liabilities | 25M | 27M | 31M | 38M | 21M | 29M | 24M | 29M | 36M | 20M | 22M | 27M | 25M |
| Intangibles | 545K | 416K | 287K | 167K | 48K | 37K | 28K | 19K | 10K | 46K | 50K | 69K | 64K |
| Retained Earnings | 18M | 16M | 17M | 17M | 30M | 27M | 24M | 25M | 27M | 31M | 30M | 28M | 27M |
| Working Capital | 25M | 23M | 24M | 24M | 34M | 27M | 29M | 31M | 29M | 35M | 36M | 30M | 30M |
| Current Assets | 39M | 40M | 42M | 50M | 48M | 47M | 42M | 49M | 59M | 50M | 55M | 52M | 49M |
| Current Liabilities | 15M | 17M | 17M | 26M | 14M | 20M | 13M | 18M | 30M | 16M | 19M | 22M | 19M |
| Per Share Data | |||||||||||||
| EPS | 0.19 | -0.03 | 0.34 | 0.32 | 1.78 | -0.05 | -0.18 | 0.08 | 0.21 | 0.55 | -0.04 | -0.01 | -0.01 |
| Owner EPS | 0.03 | -0.46 | 0.52 | 0.22 | 0.21 | -0.55 | -0.15 | 0.06 | 0.15 | 0.26 | 0.29 | 0.03 | -0.67 |
| Book Value | 2.95 | 2.80 | 2.27 | 2.64 | 4.16 | 3.69 | 3.68 | 3.90 | 4.33 | 4.88 | 5.80 | 4.90 | 4.47 |
| Cash Flow/Share | 0.16 | -0.33 | 0.64 | 0.33 | 0.35 | -0.40 | 0.03 | 0.22 | 0.30 | 0.41 | 0.52 | 0.25 | 0.01 |
| Dividends/Share | 0.22 | 0.22 | 0.22 | 0.22 | 0.24 | 0.30 | 0.15 | 0.00 | 0.02 | 0.07 | 0.11 | 0.12 | 0.00 |
| Shares Out. | 7.2M | 7.0M | 7.8M | 8.0M | 8.1M | 8.2M | 8.0M | 8.7M | 9.0M | 9.5M | 8.2M | 9.1M | 10.1M |
| Valuation | |||||||||||||
| P/E Ratio | 15.5 | N/A | 12.7 | 14.8 | 3.3 | N/A | N/A | 53.4 | 16.7 | 15.6 | N/A | N/A | -742.5 |
| P/FCF | 38.8 | N/A | 7.7 | 15.1 | 19.6 | N/A | N/A | 20.7 | 12.9 | 22.0 | 25.8 | 58.3 | N/A |
| EV/EBIT | N/A | 27.1 | 6.1 | 5.7 | N/A | N/A | N/A | N/A | N/A | 17.5 | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | 1.8 | 1.4 | 1.7 | 1.2 | 1.1 | 0.8 | 1.8 | 2.2 | 2.5 | 1.8 |
| Price/Sales | 0.7 | 0.8 | 0.9 | 2.9 | 0.6 | 0.6 | 0.7 | 0.8 | 0.7 | 0.8 | 2.0 | 2.2 | 1.4 |
| FCF Yield | 2.6% | -21.3% | 12.9% | 6.6% | 5.1% | -8.1% | 0.0% | 4.8% | 7.7% | 4.5% | 3.9% | 1.7% | -6.5% |
| Market Cap | 21M | 14M | 33M | 37M | 48M | 52M | 34M | 37M | 32M | 81M | 104M | 112M | 80M |
| Avg. Price | 2.67 | 2.62 | 2.79 | 4.40 | 5.17 | 5.67 | 5.03 | 4.45 | 3.96 | 5.71 | 13.58 | 14.22 | 7.95 |
| Year-End Price | 2.87 | 2.06 | 4.25 | 4.65 | 5.87 | 6.27 | 4.26 | 4.28 | 3.51 | 8.58 | 12.72 | 12.30 | 7.95 |
CSP INC /MA/ passes 3 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average ROIC is 2.9% with a gross margin of 33.4%. Total shareholder yield (dividends + buybacks) is 2.6%. At current prices, the estimated annualized return to fair value is +38.5%.
CSP INC /MA/ (CSPI) has a debt-to-equity ratio of 0.60. This indicates moderate leverage.
CSP INC /MA/ (CSPI) reported earnings per share (EPS) of $-0.01 in its most recent fiscal year.
CSP INC /MA/ (CSPI) has a return on equity (ROE) of -0.2%. A negative ROE may indicate losses or negative equity.
CSP INC /MA/ (CSPI) has a 5-year average gross margin of 33.4%. This indicates decent pricing power.
The Ledger Terminal provides 16 years of financial data for CSP INC /MA/ (CSPI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CSP INC /MA/ (CSPI) has a book value per share of $4.90, based on its most recent annual SEC filing.
No recent press releases.