Aeries Technology, Inc.
AERTAbout the company
Aeries Technology, Inc. provides professional and technology consulting services in North America, the Asia Pacific, and internationally.
Investment snapshot
Positive
0
BUY / PASS
Neutral / negative
3 / 13
NEUTRAL / FAIL
Median fair value
$0.90
-80.1% vs price
Models with upside
0 / 17
Positive margin of safety
Strongest signal
6 of 10 pass — Dreman, Marks, Ackman +1 more object
Key risk
No clean pass — all 8 investors flag at least one growth criterion
Framework analysis
| Verdict | Meaning |
|---|---|
| BUY | Positive purchase signal: the framework's buy requirements are met. |
| PASS | The company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state. |
| NEUTRAL | Neither a positive nor negative conclusion. It does not mean to hold an existing position. |
| FAIL | The company does not clear the framework's requirements. |
| Ranked | Ranked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL. |
Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.
| Metric | Graham Defensive Value | Buffett Quality Compounder | Lynch GARP | Greenblatt Magic Formula | Piotroski F-Score | Dreman Contrarian Value | Munger Quality Focus | Pabrai Dhandho Framework | Akre Three-Legged Stool | Marks Risk-Aware Value | Ackman Activist Value | Templeton Global Bargain Hunter | Sleep Scale Economies Shared | Asness Systematic Factors | Neff Low-P/E Total Return | Schloss Asset-Value Discipline | O'Shaughnessy Systematic Factor Composite |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Verdict | FAIL | FAIL | FAIL | Not ranked | NEUTRAL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | NEUTRAL | FAIL | FAIL | NEUTRAL |
| Score | |||||||||||||||||
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| Intrinsic Value (annual) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||
| Margin of Safety | N/A | -625.8% | N/A | N/A | N/A | N/A | -284.6% | -1223.5% | N/A | N/A | -233.3% | N/A | N/A | N/A | N/A | N/A | N/A |
| Financial Basis | TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Annual history · FY 2025 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-09-30 · TTM ended 2026-09-30 vs 2025-09-30 · TTM ended 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-06-08 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-06-08 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 Latest source filing: 2026-06-08 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Qualitative assessment Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 · Balance sheet at 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-06-08 Score computed: 2026-11-14 | TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Price history 2025-01-01–2026-11-01 · Annual history · FY 2025 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-09-30 Latest source filing: 2026-11-12 Score computed: 2026-11-14 | TTM ended 2026-09-30 · Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 Latest source filing: 2026-11-12 Score computed: 2026-11-14 |
Where It Passes
- Cash Flow60% pass✓ 7✗ 5▾
6 of 10 pass — Dreman, Marks, Ackman +1 more object
Free Cash Flow Proxy$2.6M✓BuffettPositive and growingFCF Positive and Growing$8.2M✓LynchPositive and growingOperating Cash Flow$6.8M✓PiotroskiCFO > 0(CFO / Total Assets) vs ROACFO/Assets=16.16%, ROA=6.76%✓PiotroskiCFO/Assets > ROAPrice / (CFO / Shares)32.2x✗Dreman< 8xP/E or FCF YieldP/E=90.0x, FCF Yield=22.7%✓PabraiP/E < 15 or FCF Yield > 10%FCF Positive2/4 years FCF positive✗MarksPositive FCF in majority of recent years(OCF - CapEx) / Market Cap3.7%✗Ackman>= 4%Price / FCF per Share38.6x✗Ackman<= 25Positive Operating Cash Flow frequency2/4 years positive✗SleepPositive OCF in >= 70% of available yearsOperating Cash Flow - Capital Expenditures$8.2M✓Neff> $0 (app proxy for a strong fundamental case)(Operating cash flow - capex) / market capitalization+32.83%; #166/4519 (top 3.7%)✓OshaughnessyTop 10% of eligible cross-section
Where It Falls Short
- Growth0% pass✓ 1✗ 12▾
No clean pass — all 8 investors flag at least one growth criterion
EPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthBasic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passInventory Growth vs Revenue GrowthN/A (no inventory)✓LynchInventory growth < Revenue growthEPS Growth Direction✗DremanPositive over recent yearsEPS CAGR✗Dreman> 5% annualizedPositive Net Income Frequency3/4 years positive✗MarksPositive net income in >= 7 of last 10 years3yr Median Revenue Growth-0.3%✗Ackman>= 5%Positive EPS Growth Frequency✗AckmanPositive EPS growth in >= 3 of last 5 years5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Revenue growth vs. gross and operating margin trendgross margin 29.8% -> 24.7%, operating margin 4.1% -> 6.5%✗SleepRevenue rising; gross margin flat or falling; operating margin holding5-year Revenue CAGR✗SleepCAGR > 7%3-5 Year Diluted EPS CAGR✗Neff7%-20% annualized - Verdicts0% pass✗ 13▾
Split decision: 13 FAIL · 3 NEUTRAL
Overall verdict✗GrahamFAIL (0/9)✗BuffettFAIL (3/9)✗LynchFAIL (3/7)•GreenblattNot ranked•PiotroskiNEUTRAL (F-Score 7)✗DremanFAIL (1/11)✗MungerFAIL (0/4)✗PabraiFAIL (1/3)✗AkreFAIL (1/6)✗MarksFAIL (1/5)✗AckmanFAIL (0/9)✗TempletonFAIL (2/8)✗SleepFAIL (2/6)•AsnessNEUTRAL (Not ranked)✗NeffFAIL (2/6)✗SchlossFAIL (0/7)•OshaughnessyNEUTRAL (Not ranked) - Valuation models0% pass✗ 4▾
AERT overvalued: all 4 models price fair value below $4.50 (median $0.90)
Buffett fair value$0.62✗Buffett-625.8% margin vs $4.50Munger fair value$1.17✗Munger-284.6% margin vs $4.50Pabrai fair value$0.34✗Pabrai-1223.5% margin vs $4.50Ackman fair value$1.35✗Ackman-233.3% margin vs $4.50 - Valuation8% pass✓ 5✗ 23▾
12 of 13 flag AERT's valuation — Graham, Lynch, Greenblatt +9 more
Price / 3-yr avg EPS✗Graham<= 15xPrice-to-Book Ratio✗Graham<= 1.5xP/E x P/B✗Graham<= 22.5Basic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)EBIT / Enterprise Value20.9%✓Greenblatt> 10%Earnings Yield + ROC AssessmentEY=20.9%, ROC=N/A (invested capital <= 0)✗GreenblattBoth EY > 10% and ROC > 25%Price / EPS90.0x✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)Price / (CFO / Shares)32.2x✗Dreman< 8xPrice / Book Value per ShareN/A (negative BVPS)✗Dreman< 1.2x✗Templeton< 1.5x✗SchlossP/B <= 0.80x (app cutoff)Valuation ReasonablenessP/E=90.0x, OE Yield=1.2%✗MungerP/E < 25 or Owner Earnings Yield > 5%P/E or FCF YieldP/E=90.0x, FCF Yield=22.7%✓PabraiP/E < 15 or FCF Yield > 10%P/B or P/E vs. Historical AverageP/E=90.0x✗MarksP/E < 15 or P/B < 2.0Discount to Intrinsic Value✗Marks>= 20% below intrinsic valuePrice / FCF per Share38.6x✗Ackman<= 25Price vs. Trailing Low180% of trailing low ($2.50)✗Templeton<= 120% of trailing low (certified split-adjusted live window)Net income / market capitalization+17.34%; #318/6340 (top 5.0%)✓AsnessTop 30% of eligible cross-section✓OshaughnessyTop 10% of eligible cross-sectionPositive book equity / market capitalization-0.0658; #5644/6449 (top 87.5%)✗AsnessTop 30% of eligible cross-sectionPrice / Diluted EPS90.0x✗NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)(EPS CAGR % + Dividend Yield %) / P/E✗Neff> 0.7 (Neff's published traditional edge)Price / Tangible Book Value per ShareN/A (non-positive TBVPS)✗SchlossP/TBV <= 1.00x (app cutoff)Book Value per Share Change✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)Revenue / market capitalization+3.1105; #783/5247 (top 14.9%)✗OshaughnessyTop 10% of eligible cross-section(Operating cash flow - capex) / market capitalization+32.83%; #166/4519 (top 3.7%)✓OshaughnessyTop 10% of eligible cross-sectionTrailing six-month price return through the evaluation date-25.00%; #4207/6202 (top 67.8%)✗OshaughnessyTop 10% of eligible cross-section - Profitability13% pass✓ 11✗ 24▾
14 of 16 flag AERT's profitability — Graham, Buffett, Lynch +11 more
Positive EPS (10 years)2/6 years positive✗GrahamPositive EPS every year for 10 yearsEPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthNet Income Positive (10+ years)3/6 years positive✗BuffettPositive every year for 10+ yearsROE (up to 5-year arithmetic mean)14.0%✗Buffett> 15% arithmetic mean (app rule)Operating Margin (10-yr trend)6.5% (latest)✗BuffettStable or rising over 10 yearsFree Cash Flow Proxy$2.6M✓BuffettPositive and growingEarnings Variance (10-yr CoV)✗BuffettCoV < 0.3Retained Earnings Effectiveness✗Buffett$1 retained -> > $1 market value createdBasic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passROEN/A (negative equity)✗Lynch> 15%EBIT / Enterprise Value20.9%✓Greenblatt> 10%Earnings Yield + ROC AssessmentEY=20.9%, ROC=N/A (invested capital <= 0)✗GreenblattBoth EY > 10% and ROC > 25%Net Income / Total Assets6.76%✓PiotroskiROA > 0ROA Change YoY-54.21% -> 6.76% (delta: +60.97%)✓PiotroskiCurrent ROA > Prior ROA(CFO / Total Assets) vs ROACFO/Assets=16.16%, ROA=6.76%✓PiotroskiCFO/Assets > ROAGross Margin Change YoY23.8% -> 24.7%✓PiotroskiImproved YoYPre-Tax Income / Revenue8.9%✓Dreman>= 8%Net Income / Shareholders' Equity✗Dreman> 12%Margin of SafetyP/E=90.0x✗PabraiP/B < 1.5 or P/E < 15Return on Equity14.0% (3-yr avg)✗AkreROE > 20% (3-year avg)Discount to Intrinsic Value✗Marks>= 20% below intrinsic valuePositive Net Income Frequency3/4 years positive✗MarksPositive net income in >= 7 of last 10 yearsOperating Income / Revenue7.7%✗Ackman>= 15%Net Income / Shareholders Equity✗Ackman>= 15%5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Operating Margin Trend4.1% (2023) -> 6.5% (2025)✓TempletonNon-negative operating-margin trend over 3 yearsRevenue growth vs. gross and operating margin trendgross margin 29.8% -> 24.7%, operating margin 4.1% -> 6.5%✗SleepRevenue rising; gross margin flat or falling; operating margin holdingNet income / market capitalization+17.34%; #318/6340 (top 5.0%)✓AsnessTop 30% of eligible cross-section✓OshaughnessyTop 10% of eligible cross-sectionGross profit / total assets+49.61%; #676/3702 (top 18.3%)✓AsnessTop 30% of eligible cross-sectionNet income / positive book equity✗AsnessTop 30% of eligible cross-sectionNegative 5-year standard deviation of ROA-0.3246; #4651/5884 (top 79.0%)✗AsnessTop 30% of eligible cross-section3-5 Year Diluted EPS CAGR✗Neff7%-20% annualizedPositive Diluted-EPS Years✗Schloss>= 70% positive over 5-10 observed years (app rule) - Debt & Leverage17% pass✓ 3✗ 12▾
10 of 12 flag AERT's debt & leverage — Graham, Buffett, Lynch +7 more
LT Debt vs Net Current AssetsLT Debt $0.8M vs NCA $-4.9M✗GrahamLT Debt <= Net Current AssetsDebt/Equity & Interest CoverageD/E: N/A (negative equity), IC: 15.1x✗BuffettD/E < 0.5 AND Interest Coverage > 5xTotal Debt / EquityN/A (negative equity)✗Lynch< 0.33Cash - Long-term Debt$3.1M✓LynchPositive preferredLT Debt / Total Assets Change2.75% -> 1.90%✓PiotroskiDecreased YoYCurrent Assets / Current Liabilities0.81✗Dreman> 1.5✗SchlossCurrent ratio >= 1.50x (app cutoff)Total Debt / Shareholders' Equity✗Dreman< 0.8✗Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✗SchlossD/E < 1.00xDebt LevelsN/A (non-positive equity)✗MungerDebt/Equity < 0.5✗AkreDebt/Equity < 0.3Interest Coverage & Debt/EBITDAIC=15.1x, D/EBITDA=0.2x✓MarksInterest Coverage > 3x; Debt/EBITDA < 4xTotal Debt / Shareholders Equity✗Ackman<= 1.0Negative debt-to-equity (higher means less debt)✗AsnessTop 30% of eligible cross-section - Efficiency25% pass✓ 4✗ 7▾
6 of 8 flag AERT's efficiency — Graham, Greenblatt, Piotroski +3 more
Current Ratio0.81✗Graham>= 2.0ROIC (3-5 yr avg)14.2%✓Buffett> 10%ROIC - WACC+4.2%✓BuffettPositive (WACC = 10%)EBIT / (NWC + Net Fixed Assets)N/A (invested capital <= 0)✗Greenblatt> 25%Current Ratio Change YoY0.66 -> 0.78✓PiotroskiIncreased YoYRevenue / Total Assets Change YoY1.76x -> 1.67x✗PiotroskiImproved YoYCurrent Assets / Current Liabilities0.81✗Dreman> 1.5Return on Invested CapitalN/A (non-positive invested capital)✗Munger> 15%ROIC (high and growing)FY2023: ROIC=unavailable; FY2024: ROIC=unavailable; FY2025: ROIC=unavailable✗AkreLatest 3 consecutive FYs: ROIC > 15% in eachReinvestment Rate x ROIC✗AkreReinvestment Rate * ROIC > 10%ROIC (5-year)1/1 years above 12% (latest 13.0%)✓SleepROIC > 12% in a majority of years
Business & financials
Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.
Company Profile
Financial Snapshot
Shareholder Return
Fiscal 2025
Issued 2.9% of shares last year.
- Buybacks
- —
- Dividends
- —
Company Financials
Latest TTM and quarters alongside annual years
TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.
The latest annual period end is unavailable. Showing the latest fiscal cycle’s quarters; quarter and annual columns may overlap. Quarterly shows the full quarter history.
| Metric | TTM · 2026-09-30 2025-10-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization, capex, revenue, net income, operating income, gross profit, ebit, pre tax income, interest expense. | Q2 FY 2027 2026-07-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization, capex. | Q1 FY 2027 2026-04-01 – 2026-06-30 Sources | FY 2025Sources
| FY 2024Sources
| FY 2023Sources
| FY 2022Sources
| FY 2021Sources
|
|---|---|---|---|---|---|---|---|---|
| Market Cap | $24.9Mcurrent | -- | -- | $25.0Mest. | $28.5Mest. | $276.1Mest. | -- | -- |
| Revenue | $77.4M↑12% | $18.1M↑5% | $21.9M↑43% | $70.0M | $70.2M↓3% | $72.5M↑37% | $53.1M | -- |
| Operating Income | $6.0M↑210% | $899.0K↓55% | $3.4M↑310% | $4.5M↑116% | -$28.8M↓1063% | $3.0M↑28% | $2.3M | -- |
| Net Income | $4.3M↑407% | $1.3M↑253% | $1.9M↑23% | $2.8M↑113% | -$21.6M↓225% | $17.3M↑911% | $1.7M | -- |
| EPS (Diluted) | -- | $0.20↑1900% | $0.27↑800% | $0.05↑111% | $-0.46↓151% | $0.91 | -- | -- |
| Gross Margin | 24.5%↓5% | 22.4%↓23% | 29.1%↑18% | 24.7%↑4% | 23.8%↓20% | 29.8%↑16% | 25.7% | — |
| Operating Margin | 7.7%↑198% | 5.0%↓57% | 15.3%↑187% | 6.5%↑116% | -41.0%↓1095% | 4.1%↓6% | 4.4% | — |
| ROE | -263.5%↓644% | — | — | -93.3%↓125% | 372.1%↑364% | -141.0%↓1107% | 14.0% | — |
| Total Debt | $1.6M↓16% | $1.6M↓16% | $1.6M↓27% | $1.6M↓27% | $2.2M↓24% | $2.9M↑49% | $1.9M↑830% | $208.5K |
| Shareholders' Equity | -$1.6M↑44% | -$1.6M↑44% | -$2.8M↑35% | -$3.0M↑48% | -$5.8M↑53% | -$12.2M↓200% | $12.2M↑162% | -$19.8M |
| Current Ratio | 0.81↑15% | 0.81↑15% | 0.85↑30% | 0.78↑18% | 0.66↓24% | 0.86↓48% | 1.64↓29% | 2.31 |
| Debt / Equity | -0.96↓48% | -0.96↓48% | -0.57↓12% | -0.53↓39% | -0.38↓61% | -0.24↓248% | 0.16↑1610% | -0.01 |
| Operating Cash Flow | $9.1M↑673% | -$84.0K↓108% | $4.8M↑252% | $6.8M↑771% | -$1.0M↑77% | -$4.3M↓304% | $2.1M | -- |
| Free Cash Flow | $8.2M↑17277% | -$274.0K↓142% | $4.5M↑309% | $5.7M↑327% | -$2.5M↑57% | -$5.8M↓1239% | $511.0K | -- |
Score history
Historical Score Timeline
Industry peers
Industry Peers
Similar companies in Business Services
AERT vs Peers — Financial Grading
| Company | Market Cap | Price | Revenue | Net Income | ROE | D/E | Op. Margin | Curr. Ratio | Graham | Buffett | Lynch | Greenblatt | Piotroski | Dreman |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AUTOMATIC DATA PROCESSING INCADP | $122.3B | $309.93 | $21.9B | $4.4B | 73.2% | 0.82 | 24.2% | 1.05 | 4/9 | 5/9 | 3/7 | 0/3 | F-Score 6 | 5/11 |
| ELECTRONIC ARTS INC.EA | $52.9B | $209.70 | $7.5B | $887.0M | 13.1% | 0.22 | 15.4% | 1.05 | 1/9 | 4/9 | 4/7 | 0/3 | F-Score 6 | 6/11 |
| Rubrik, Inc.RBRK | $22.6B | $109.88 | $1.3B | $348.8M | 67.1% | — | -26.2% | 1.69 | 1/9 | 0/9 | 2/7 | 0/3 | F-Score 6 | 2/11 |
| AECOMACM | $9.1B | $70.50 | $16.1B | $561.8M | 22.5% | 1.09 | 6.4% | 1.14 | 1/9 | 3/9 | 3/7 | 1/3 | F-Score 8 | 2/11 |
| COMMVAULT SYSTEMS INCCVLT | $6.2B | $152.07 | $1.2B | $70.7M | 942.8% | — | 6.3% | 1.95 | 1/9 | 2/9 | 4/7 | 0/3 | F-Score 6 | 6/11 |
| WPP plcWPP | $6.0B | $27.79 | $18.2B | $289.5M | -8.5% | 1.94 | 2.8% | 0.89 | 1/9 | 2/9 | 1/7 | 0/3 | F-Score 3 | 2/11 |
| VARONIS SYSTEMS INCVRNS | $5.6B | $48.94 | $623.5M | $129.3M | -21.6% | 0.76 | -23.5% | 1.97 | 1/9 | 0/9 | 1/7 | 0/3 | F-Score 5 | 1/11 |
| ROBERT HALF INC.RHI | $4.3B | $42.00 | $5.4B | $133.0M | 10.4% | — | 1.4% | 1.53 | 2/9 | 5/9 | 1/7 | 0/3 | F-Score 5 | 2/11 |