Iveda Solutions, Inc.
IVDAAbout the company
Iveda Solutions, Inc. provides artificial intelligence (AI) driven video surveillance solutions and a robust suite of Internet of Things (IoT) platforms that power digital transformation for cities and commercial clients internationally. It offers IvedaAI, a deep-learning video analytics software; and Sentir video surveillance system.
Investment snapshot
Positive
1
BUY / PASS
Neutral / negative
3 / 12
NEUTRAL / FAIL
Median fair value
—
No comparable estimates
Models with upside
0 / 17
Positive margin of safety
Strongest signal
10 of 12 pass — Buffett and Marks object
Key risk
No clean pass — all 13 investors flag at least one valuation 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 | PASS | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | NEUTRAL | FAIL | FAIL | FAIL | NEUTRAL | NEUTRAL |
| Score | |||||||||||||||||
| Analysis | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… |
| 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 | N/A | N/A | N/A | N/A |
| Margin of Safety | 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 | N/A | N/A | N/A | N/A |
| Financial Basis | TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Annual history · FY 2025 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-06-30 · TTM ended 2026-06-30 vs 2025-06-30 · TTM ended 2026-06-30 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | TTM ended 2026-06-30 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-31 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Market data at 2026-11-01 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 Latest source filing: 2026-03-31 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment · Balance sheet at 2026-06-30 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Qualitative assessment Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Market data at 2026-11-01 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-03-31 Score computed: 2026-11-14 | TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Price history 2025-01-01–2026-11-01 · Annual history · FY 2025 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-31 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-14 Score computed: 2026-11-14 | TTM ended 2026-06-30 · Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 Latest source filing: 2026-08-14 Score computed: 2026-11-14 |
Where It Passes
- Debt & Leverage83% pass✓ 13✗ 2▾
10 of 12 pass — Buffett and Marks object
LT Debt vs Net Current AssetsLT Debt $0.2M vs NCA $5.4M✓GrahamLT Debt <= Net Current AssetsDebt/Equity & Interest CoverageD/E: 0.06, IC: -102.7x✗BuffettD/E < 0.5 AND Interest Coverage > 5xTotal Debt / Equity0.06✓Lynch< 0.33Cash - Long-term Debt$4.6M✓LynchPositive preferredLT Debt / Total Assets Change7.26% -> 4.14%✓PiotroskiDecreased YoYCurrent Assets / Current Liabilities5.19✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)Total Debt / Shareholders' Equity0.06✓Dreman< 0.8✓Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✓SchlossD/E < 1.00xDebt Levels0.06✓MungerDebt/Equity < 0.5✓AkreDebt/Equity < 0.3Interest Coverage & Debt/EBITDAIC=-102.7x, D/EBITDA=N/A✗MarksInterest Coverage > 3x; Debt/EBITDA < 4xTotal Debt / Shareholders Equity0.06✓Ackman<= 1.0Negative debt-to-equity (higher means less debt)-0.0601; #1074/4210 (top 25.5%)✓AsnessTop 30% of eligible cross-section
Where It Falls Short
- Valuation0% pass✓ 8✗ 20▾
No clean pass — all 13 investors flag at least one valuation criterion
Price / 3-yr avg EPS✗Graham<= 15xPrice-to-Book Ratio0.2x✓Graham<= 1.5xP/E x P/B✗Graham<= 22.5Basic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)EBIT / Enterprise ValueN/A (EV <= 0)✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=N/A (EV <= 0), ROC=-400.7%✗GreenblattBoth EY > 10% and ROC > 25%Price / EPS✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)Price / (CFO / Shares)N/A (negative CFPS)✗Dreman< 8xPrice / Book Value per Share0.2x✓Dreman< 1.2x✓Templeton< 1.5x✓SchlossP/B <= 0.80x (app cutoff)Valuation ReasonablenessOE Yield=-270.1%✗MungerP/E < 25 or Owner Earnings Yield > 5%P/E or FCF Yield✗PabraiP/E < 15 or FCF Yield > 10%P/B or P/E vs. Historical AverageP/B=0.2x✓MarksP/E < 15 or P/B < 2.0Discount to Intrinsic ValueN/A (negative normalized EPS)✗Marks>= 20% below intrinsic valuePrice / FCF per Share✗Ackman<= 25Price vs. Trailing Low100% of trailing low ($0.20)✓Templeton<= 120% of trailing low (certified split-adjusted live window)Net income / market capitalization-125.65%; #5494/6340 (top 86.7%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionPositive book equity / market capitalization+2.1455; #634/6449 (top 9.8%)✓AsnessTop 30% of eligible cross-sectionPrice / Diluted EPS✗NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)(EPS CAGR % + Dividend Yield %) / P/E✗Neff> 0.7 (Neff's published traditional edge)Price / Tangible Book Value per Share0.25x✓SchlossP/TBV <= 1.00x (app cutoff)Book Value per Share Change✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)Revenue / market capitalization+1.8150; #1163/5247 (top 22.2%)✗OshaughnessyTop 10% of eligible cross-section(Operating cash flow - capex) / market capitalization✗OshaughnessyTop 10% of eligible cross-sectionTrailing six-month price return through the evaluation date-50.00%; #5139/6202 (top 82.9%)✗OshaughnessyTop 10% of eligible cross-section - Cash Flow0% pass✓ 1✗ 11▾
No clean pass — all 10 investors flag at least one cash flow criterion
Free Cash Flow Proxy$-4.0M✗BuffettPositive and growingFCF Positive and Growing$-4.4M✗LynchPositive and growingOperating Cash Flow$-2.0M✗PiotroskiCFO > 0(CFO / Total Assets) vs ROACFO/Assets=-31.54%, ROA=-49.75%✓PiotroskiCFO/Assets > ROAPrice / (CFO / Shares)N/A (negative CFPS)✗Dreman< 8xP/E or FCF Yield✗PabraiP/E < 15 or FCF Yield > 10%FCF Positive0/11 years FCF positive✗MarksPositive FCF in majority of recent years(OCF - CapEx) / Market Cap✗Ackman>= 4%Price / FCF per Share✗Ackman<= 25Positive Operating Cash Flow frequency0/12 years positive✗SleepPositive OCF in >= 70% of available yearsOperating Cash Flow - Capital Expenditures✗Neff> $0 (app proxy for a strong fundamental case)(Operating cash flow - capex) / market capitalization✗OshaughnessyTop 10% of eligible cross-section - Growth0% pass✓ 1✗ 12▾
No clean pass — all 8 investors flag at least one growth criterion
EPS Growth (3-yr avg, 10-yr window)N/A (negative base EPS)✗Graham>= 33% growthBasic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passInventory Growth vs Revenue GrowthInv: -11.8% vs Rev: -36.0%✗LynchInventory growth < Revenue growthEPS Growth Direction$-0.01 (2006) -> $-0.88 (2025)✗DremanPositive over recent yearsEPS CAGR✗Dreman> 5% annualizedPositive Net Income Frequency0/12 years positive✗MarksPositive net income in >= 7 of last 10 years3yr Median Revenue Growth-7.3%✗Ackman>= 5%Positive EPS Growth Frequency2/5 years with positive EPS growth✗AckmanPositive EPS growth in >= 3 of last 5 years5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Revenue growth vs. gross and operating margin trendgross margin 16.4% -> 24.1%, operating margin -62.2% -> -61.1%✗SleepRevenue rising; gross margin flat or falling; operating margin holding5-year Revenue CAGR28.9%✓SleepCAGR > 7%3-5 Year Diluted EPS CAGR✗Neff7%-20% annualized - Profitability6% pass✓ 6✗ 29▾
15 of 16 flag IVDA's profitability — Graham, Buffett, Lynch +12 more
Positive EPS (10 years)0/16 years positive✗GrahamPositive EPS every year for 10 yearsEPS Growth (3-yr avg, 10-yr window)N/A (negative base EPS)✗Graham>= 33% growthNet Income Positive (10+ years)0/16 years positive✗BuffettPositive every year for 10+ yearsROE (up to 5-year arithmetic mean)-332.5%✗Buffett> 15% arithmetic mean (app rule)Operating Margin (10-yr trend)-61.1% (latest)✓BuffettStable or rising over 10 yearsFree Cash Flow Proxy$-4.0M✗BuffettPositive and growingEarnings Variance (10-yr CoV)N/A (negative mean EPS)✗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 passROE-58.6%✗Lynch> 15%EBIT / Enterprise ValueN/A (EV <= 0)✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=N/A (EV <= 0), ROC=-400.7%✗GreenblattBoth EY > 10% and ROC > 25%Net Income / Total Assets-49.75%✗PiotroskiROA > 0ROA Change YoY-76.86% -> -49.75% (delta: +27.10%)✓PiotroskiCurrent ROA > Prior ROA(CFO / Total Assets) vs ROACFO/Assets=-31.54%, ROA=-49.75%✓PiotroskiCFO/Assets > ROAGross Margin Change YoY21.6% -> 24.1%✓PiotroskiImproved YoYPre-Tax Income / Revenue-60.0%✗Dreman>= 8%Net Income / Shareholders' Equity-58.6%✗Dreman> 12%Margin of SafetyP/B=0.2x✓PabraiP/B < 1.5 or P/E < 15Return on Equity-105.0% (3-yr avg)✗AkreROE > 20% (3-year avg)Discount to Intrinsic ValueN/A (negative normalized EPS)✗Marks>= 20% below intrinsic valuePositive Net Income Frequency0/12 years positive✗MarksPositive net income in >= 7 of last 10 yearsOperating Income / Revenue-68.5%✗Ackman>= 15%Net Income / Shareholders Equity-58.6%✗Ackman>= 15%5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Operating Margin Trend-62.2% (2023) -> -61.1% (2025)✓TempletonNon-negative operating-margin trend over 3 yearsRevenue growth vs. gross and operating margin trendgross margin 16.4% -> 24.1%, operating margin -62.2% -> -61.1%✗SleepRevenue rising; gross margin flat or falling; operating margin holdingNet income / market capitalization-125.65%; #5494/6340 (top 86.7%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionGross profit / total assets+21.10%; #1992/3702 (top 53.8%)✗AsnessTop 30% of eligible cross-sectionNet income / positive book equity-58.56%; #4303/5226 (top 82.3%)✗AsnessTop 30% of eligible cross-sectionNegative 5-year standard deviation of ROA-0.2276; #4355/5884 (top 74.0%)✗AsnessTop 30% of eligible cross-section3-5 Year Diluted EPS CAGR✗Neff7%-20% annualizedPositive Diluted-EPS Years0/9 years positive✗Schloss>= 70% positive over 5-10 observed years (app rule) - Verdicts8% pass✓ 1✗ 12▾
Split decision: 12 FAIL · 3 NEUTRAL · 1 PASS
Overall verdict✗GrahamFAIL (3/9)✗BuffettFAIL (1/9)✗LynchFAIL (2/7)•GreenblattNot ranked✓PiotroskiPASS (F-Score 5)✗DremanFAIL (3/11)✗MungerFAIL (1/4)✗PabraiFAIL (1/3)✗AkreFAIL (1/6)✗MarksFAIL (1/5)✗AckmanFAIL (2/9)•TempletonNEUTRAL (5/8)✗SleepFAIL (2/6)✗AsnessFAIL (Rank #2010/2370 (Top 84.8%))✗NeffFAIL (1/6)•SchlossNEUTRAL (4/7)•OshaughnessyNEUTRAL (Not ranked) - Efficiency25% pass✓ 3✗ 8▾
6 of 8 flag IVDA's efficiency — Buffett, Greenblatt, Piotroski +3 more
Current Ratio5.19✓Graham>= 2.0ROIC (3-5 yr avg)-3764.2%✗Buffett> 10%ROIC - WACC-3774.2%✗BuffettPositive (WACC = 10%)EBIT / (NWC + Net Fixed Assets)-400.7%✗Greenblatt> 25%Current Ratio Change YoY2.19 -> 4.86✓PiotroskiIncreased YoYRevenue / Total Assets Change YoY1.16x -> 0.82x✗PiotroskiImproved YoYCurrent Assets / Current Liabilities5.19✓Dreman> 1.5Return on Invested Capital-43.2%✗Munger> 15%ROIC (high and growing)FY2023: ROIC=-63.9%; FY2024: ROIC=-107.1%; FY2025: ROIC=-49.3%✗AkreLatest 3 consecutive FYs: ROIC > 15% in eachReinvestment Rate x ROICN/A (non-positive net income)✗AkreReinvestment Rate * ROIC > 10%ROIC (5-year)0/4 years above 12% (latest -49.3%)✗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 109.4% of shares last year, 63.6% over two.
- 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 · 2026-06-30 2025-07-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: revenue, operating cash flow, depreciation amortization, net income, operating income, gross profit, ebit, pre tax income, interest expense. | Q2 FY 2026 2026-04-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: revenue, operating cash flow, depreciation amortization. | Q1 FY 2026 2026-01-01 – 2026-03-31 Sources | FY 2025Sources
| FY 2024Sources
| FY 2023Sources
| FY 2022Sources
| FY 2021Sources
|
|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.5Mcurrent | -- | -- | $5.2Mest. | $10.0Mest. | $73.7Mest. | $113.3Mest. | $8.8Best. |
| Revenue | $4.6M↓36% | $801.8K↓48% | $1.5M↑1% | $5.3M↓12% | $6.0M↓7% | $6.5M↑45% | $4.5M↑133% | $1.9M |
| Operating Income | -$3.1M↑17% | -$710.1K↓33% | -$565.7K↑32% | -$3.2M↑21% | -$4.1M↓1% | -$4.0M↓21% | -$3.3M↓22% | -$2.7M |
| Net Income | -$3.2M↑15% | -$793.5K↓41% | -$532.8K↑33% | -$3.2M↑20% | -$4.0M↑4% | -$4.1M↓24% | -$3.3M↓12% | -$3.0M |
| EPS (Diluted) | -- | $-0.07↑65% | $-0.06↑79% | $-0.88↑51% | $-1.81↓805% | $-0.20↑23% | $-0.26↓550% | $-0.04 |
| Gross Margin | 32.2%↑70% | 54.7%↑88% | 33.1%↑70% | 24.1%↑12% | 21.6%↑32% | 16.4%↓24% | 21.6%↓50% | 43.4% |
| Operating Margin | -68.5%↓30% | -88.6%↓154% | -37.9%↑33% | -61.1%↑10% | -67.6%↓9% | -62.2%↑17% | -74.5%↑48% | -142.1% |
| ROE | -58.6%↑77% | — | — | -66.9%↑58% | -158.9%↓78% | -89.1%↓102% | -44.2%↓111% | 385.8% |
| Total Debt | $325.0K↓34% | $325.0K↓34% | $354.7K↓23% | $393.4K↓21% | $498.2K↑43% | $348.8K↑83% | $190.8K↓44% | $338.8K |
| Shareholders' Equity | $5.4M↑265% | $5.4M↑265% | $5.9M↑245% | $4.8M↑91% | $2.5M↓46% | $4.6M↓39% | $7.6M↑1074% | -$777.3K |
| Current Ratio | 5.19↑205% | 5.19↑205% | 4.53↑152% | 4.86↑122% | 2.19↓39% | 3.56↓22% | 4.55↑482% | 0.78 |
| Debt / Equity | 0.06↓82% | 0.06↓82% | 0.06↓78% | 0.08↓59% | 0.20↑165% | 0.08↑198% | 0.03↑106% | -0.44 |
| Operating Cash Flow | -$2.9M↑24% | -$1.4M↓8% | -$927.1K↓636% | -$2.0M↑54% | -$4.4M↓33% | -$3.3M↑38% | -$5.4M↓174% | -$2.0M |
| Free Cash Flow | -- | -- | -- | -- | -$4.4M↓29% | -$3.4M↑37% | -$5.4M↓172% | -$2.0M |
Score history
Historical Score Timeline
Industry peers
Industry Peers
Similar companies in Business Services
IVDA 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 |