Next Technology Holding Inc.

NXTT
About the company

Next Technology Holding Inc., together with its subsidiaries, provides AI-enabled software development services and solutions in the United States, Hong Kong, Singapore, Malaysia, Japan, and Asia. The company engages in the design, development, and implementation of Software-as-a-Service software solutions that integrate cloud computing, big data analytics, and AI-driven algorithms to support enterprises and businesses across various industries.

Country: United StatesPrice: $4.48Market Cap: $12.6M

Investment snapshot

24%positive consensus
Scored 1d ago

Positive

4

BUY / PASS

Neutral / negative

2 / 10

NEUTRAL / FAIL

Median fair value

$161.64

+3508.0% vs price

Models with upside

3 / 17

Positive margin of safety

Strongest signal

NXTT undervalued: all 3 models price fair value above $4.48 (median $161.64)

Key risk

15 of 16 flag NXTT's profitability — Graham, Buffett, Lynch +12 more

Framework analysis

VerdictMeaning
BUYPositive purchase signal: the framework's buy requirements are met.
PASSThe 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.
NEUTRALNeither a positive nor negative conclusion. It does not mean to hold an existing position.
FAILThe company does not clear the framework's requirements.
RankedRanked 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.

MetricGraham

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

VerdictPASSFAILFAILNot rankedNEUTRALFAILPASSFAILFAILFAILFAILPASSFAILFAILFAILBUYNEUTRAL
Score
AnalysisChecking 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/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Margin of SafetyN/AN/AN/AN/AN/A+85.8%N/A+97.2%+99.6%N/AN/AN/AN/AN/AN/AN/AN/A
Financial Basis

TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Annual history · FY 2025

Latest source filing: 2026-11-06

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 2026-09-30 · TTM ended 2026-09-30

Latest source filing: 2026-11-06

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-03-31

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 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01

Latest source filing: 2026-11-06

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: 2026-11-06

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 2026-09-30

Latest source filing: 2026-11-06

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment

Latest source filing: 2026-03-31

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: 2026-11-06

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: 2026-11-06

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment

Latest source filing: 2026-03-31

Score computed: 2026-11-14

TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Price history 2025-01-01–2026-11-01 · Annual history · FY 2025

Latest source filing: 2026-11-06

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 2026-09-30

Latest source filing: 2026-11-06

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: 2026-11-06

Score computed: 2026-11-14

Where It Passes

  • Valuation models100% pass✓ 3▾

    NXTT undervalued: all 3 models price fair value above $4.48 (median $161.64)

    Dreman fair value$31.50
    ✓Dreman+85.8% margin vs $4.48
    Pabrai fair value$161.64
    ✓Pabrai+97.2% margin vs $4.48
    Akre fair value$1005.10
    ✓Akre+99.6% margin vs $4.48
  • Debt & Leverage67% pass✓ 11✗ 4▾

    8 of 12 pass — Graham, Buffett, Lynch +1 more object

    LT Debt vs Net Current Assets
    ✗GrahamLT Debt <= Net Current Assets
    Debt/Equity & Interest CoverageD/E: 0.00, IC: N/A
    ✗BuffettD/E < 0.5 AND Interest Coverage > 5x
    Total Debt / Equity0
    ✓Lynch< 0.33
    Cash - Long-term Debt
    ✗LynchPositive preferred
    LT Debt / Total Assets Change0.00% -> 0.00%
    ✓PiotroskiDecreased YoY
    Current Assets / Current Liabilities111.06
    ✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)
    Total Debt / Shareholders' Equity0
    ✓Dreman< 0.8✓Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✓SchlossD/E < 1.00x
    Debt Levels0
    ✓MungerDebt/Equity < 0.5✓AkreDebt/Equity < 0.3
    Interest Coverage & Debt/EBITDA
    ✗MarksInterest Coverage > 3x; Debt/EBITDA < 4x
    Total Debt / Shareholders Equity0
    ✓Ackman<= 1.0
    Negative debt-to-equity (higher means less debt)-0.0010; #362/4210 (top 8.6%)
    ✓AsnessTop 30% of eligible cross-section

Where It Falls Short

  • Profitability6% pass✓ 6✗ 29▾

    15 of 16 flag NXTT's profitability — Graham, Buffett, Lynch +12 more

    Positive EPS (10 years)2/7 years positive
    ✗GrahamPositive EPS every year for 10 years
    EPS Growth (3-yr avg, 10-yr window)41900.0%
    ✓Graham>= 33% growth
    Net Income Positive (10+ years)4/7 years positive
    ✗BuffettPositive every year for 10+ years
    ROE (up to 5-year arithmetic mean)9.9%
    ✗Buffett> 15% arithmetic mean (app rule)
    Operating Margin (10-yr trend)-690.5% (latest)
    ✗BuffettStable or rising over 10 years
    Free Cash Flow Proxy$5.0M
    ✓BuffettPositive and growing
    Earnings Variance (10-yr CoV)
    ✗BuffettCoV < 0.3
    Retained Earnings Effectiveness
    ✗Buffett$1 retained -> > $1 market value created
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    ROE-30.9%
    ✗Lynch> 15%
    EBIT / Enterprise Value-886.0%
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=-886.0%, ROC=None
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Net Income / Total Assets27.31%
    ✓PiotroskiROA > 0
    ROA Change YoY23.19% -> 27.31% (delta: +4.13%)
    ✓PiotroskiCurrent ROA > Prior ROA
    (CFO / Total Assets) vs ROACFO/Assets=-0.59%, ROA=27.31%
    ✗PiotroskiCFO/Assets > ROA
    Gross Margin Change YoY59.4% -> 15.1%
    ✗PiotroskiImproved YoY
    Pre-Tax Income / Revenue-1166.1%
    ✗Dreman>= 8%
    Net Income / Shareholders' Equity-30.9%
    ✗Dreman> 12%
    Margin of SafetyP/B=0.0x
    ✓PabraiP/B < 1.5 or P/E < 15
    Return on Equity11.9% (3-yr avg)
    ✗AkreROE > 20% (3-year avg)
    Discount to Intrinsic Value85.8% (IV=$31.50 vs Price=$4.48)
    ✓Marks>= 20% below intrinsic value
    Positive Net Income Frequency4/7 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    Operating Income / Revenue-262.8%
    ✗Ackman>= 15%
    Net Income / Shareholders Equity-30.9%
    ✗Ackman>= 15%
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Operating Margin Trend-47.0% (2023) -> -690.5% (2025)
    ✗TempletonNon-negative operating-margin trend over 3 years
    Revenue growth vs. gross and operating margin trendgross margin 54.3% -> 15.1%, operating margin -47.0% -> -690.5%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    Net income / market capitalization-1457.40%; #6112/6340 (top 96.4%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Gross profit / total assets+0.60%; #3387/3702 (top 91.5%)
    ✗AsnessTop 30% of eligible cross-section
    Net income / positive book equity-30.88%; #3919/5226 (top 75.0%)
    ✗AsnessTop 30% of eligible cross-section
    Negative 5-year standard deviation of ROA-0.2242; #4336/5884 (top 73.7%)
    ✗AsnessTop 30% of eligible cross-section
    3-5 Year Diluted EPS CAGR494.4% over 3 years
    ✗Neff7%-20% annualized
    Positive Diluted-EPS Years
    ✗Schloss>= 70% positive over 5-10 observed years (app rule)
  • Cash Flow10% pass✓ 1✗ 11▾

    9 of 10 flag NXTT's cash flow — Lynch, Piotroski, Dreman +6 more

    Free Cash Flow Proxy$5.0M
    ✓BuffettPositive and growing
    FCF Positive and Growing$-38.5M
    ✗LynchPositive and growing
    Operating Cash Flow$-3.1M
    ✗PiotroskiCFO > 0
    (CFO / Total Assets) vs ROACFO/Assets=-0.59%, ROA=27.31%
    ✗PiotroskiCFO/Assets > ROA
    Price / (CFO / Shares)N/A (negative CFPS)
    ✗Dreman< 8x
    P/E or FCF Yield
    ✗PabraiP/E < 15 or FCF Yield > 10%
    FCF Positive1/3 years FCF positive
    ✗MarksPositive FCF in majority of recent years
    (OCF - CapEx) / Market Cap
    ✗Ackman>= 4%
    Price / FCF per Share
    ✗Ackman<= 25
    Positive Operating Cash Flow frequency2/5 years positive
    ✗SleepPositive OCF in >= 70% of available years
    Operating 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
  • Growth13% pass✓ 4✗ 9▾

    7 of 8 flag NXTT's growth — Lynch, Dreman, Marks +4 more

    EPS Growth (3-yr avg, 10-yr window)41900.0%
    ✓Graham>= 33% growth
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    Inventory Growth vs Revenue GrowthN/A (no inventory)
    ✓LynchInventory growth < Revenue growth
    EPS Growth Direction$0.00 (2019) -> $2.10 (2023)
    ✓DremanPositive over recent years
    EPS CAGR
    ✗Dreman> 5% annualized
    Positive Net Income Frequency4/7 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    3yr Median Revenue Growth-31.6%
    ✗Ackman>= 5%
    Positive EPS Growth Frequency1/1 years with positive EPS growth
    ✗AckmanPositive EPS growth in >= 3 of last 5 years
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Revenue growth vs. gross and operating margin trendgross margin 54.3% -> 15.1%, operating margin -47.0% -> -690.5%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    5-year Revenue CAGR13.1%
    ✓SleepCAGR > 7%
    3-5 Year Diluted EPS CAGR494.4% over 3 years
    ✗Neff7%-20% annualized
  • Valuation23% pass✓ 12✗ 16▾

    10 of 13 flag NXTT's valuation — Lynch, Greenblatt, Dreman +7 more

    Price / 3-yr avg EPS2.1x
    ✓Graham<= 15x
    Price-to-Book Ratio0.0x
    ✓Graham<= 1.5x
    P/E x P/B0.10
    ✓Graham<= 22.5
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    EBIT / Enterprise Value-886.0%
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=-886.0%, ROC=None
    ✗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< 8x
    Price / Book Value per Share0.0x
    ✓Dreman< 1.2x✓Templeton< 1.5x✓SchlossP/B <= 0.80x (app cutoff)
    Valuation Reasonableness
    ✗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=0.0x
    ✓MarksP/E < 15 or P/B < 2.0
    Discount to Intrinsic Value85.8% (IV=$31.50 vs Price=$4.48)
    ✓Marks>= 20% below intrinsic value
    Price / FCF per Share
    ✗Ackman<= 25
    Price vs. Trailing Low100% of trailing low ($4.48)
    ✓Templeton<= 120% of trailing low (certified split-adjusted live window)
    Net income / market capitalization-1457.40%; #6112/6340 (top 96.4%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Positive book equity / market capitalization+47.2014; #82/6449 (top 1.3%)
    ✓AsnessTop 30% of eligible cross-section
    Price / 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 Share0.05x
    ✓SchlossP/TBV <= 1.00x (app cutoff)
    Book Value per Share Change+320355.4%
    ✓SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)
    Revenue / market capitalization+1.5660; #1280/5247 (top 24.4%)
    ✗OshaughnessyTop 10% of eligible cross-section
    (Operating cash flow - capex) / market capitalization
    ✗OshaughnessyTop 10% of eligible cross-section
    Trailing six-month price return through the evaluation date-96.93%; #6083/6202 (top 98.1%)
    ✗OshaughnessyTop 10% of eligible cross-section
  • Verdicts29% pass✓ 4✗ 10▾

    Split decision: 10 FAIL · 3 PASS · 2 NEUTRAL · 1 BUY

    Overall verdict
    ✓GrahamPASS (5/9)✗BuffettFAIL (3/9)✗LynchFAIL (2/7)•GreenblattNot ranked•PiotroskiNEUTRAL (F-Score 6)✗DremanFAIL (4/11)✓MungerPASS (2/4)✗PabraiFAIL (1/3)✗AkreFAIL (1/6)✗MarksFAIL (2/5)✗AckmanFAIL (2/9)✓TempletonPASS (4/8)✗SleepFAIL (2/6)✗AsnessFAIL (Rank #2118/2370 (Top 89.4%))✗NeffFAIL (1/6)✓SchlossBUY (5/7)•OshaughnessyNEUTRAL (Not ranked)
  • Efficiency50% pass✓ 6✗ 5▾

    4 of 8 pass — Greenblatt, Munger, Akre +1 more object

    Current Ratio111.06
    ✓Graham>= 2.0
    ROIC (3-5 yr avg)15.0%
    ✓Buffett> 10%
    ROIC - WACC+5.0%
    ✓BuffettPositive (WACC = 10%)
    EBIT / (NWC + Net Fixed Assets)
    ✗Greenblatt> 25%
    Current Ratio Change YoY30.43 -> 133.17
    ✓PiotroskiIncreased YoY
    Revenue / Total Assets Change YoY0.02x -> 0.02x
    ✓PiotroskiImproved YoY
    Current Assets / Current Liabilities111.06
    ✓Dreman> 1.5
    Return on Invested Capital-6.9%
    ✗Munger> 15%
    ROIC (high and growing)FY2023: ROIC=unavailable; FY2024: ROIC=-0.0%; FY2025: ROIC=-13.8%
    ✗AkreLatest 3 consecutive FYs: ROIC > 15% in each
    Reinvestment Rate x ROIC-13.8% (RR=100% x ROIC=-13.8%)
    ✗AkreReinvestment Rate * ROIC > 10%
    ROIC (5-year)1/4 years above 12% (latest -13.8%)
    ✗SleepROIC > 12% in a majority of years

Business & financials

Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.

Company Profile

Industry: Business Services
Size: Micro Cap($12.6M)
Revenue: $11.6M+545.3% YoY
Net Income: $143.2M+564.5% YoY

Financial Snapshot

Operating Margin-690.5%
Return on Equity31.4%
Debt / Equity0.00
Current Ratio133.17
Shares Retired30.0% / −86.0% 2y

Shareholder Return

Fiscal 2025

Retired 30.0% of shares last year, 86.0% issued 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.

MetricTTM · 2026-09-30

2025-10-01 – 2026-09-30

Sources · derived quarter values

Derived from cumulative filings: revenue, net income, operating income, gross profit, ebit, pre tax income, operating cash flow.

Q3 FY 2026

2026-07-01 – 2026-09-30

Sources · derived quarter values

Derived from cumulative filings: operating cash flow.

Q2 FY 2026

2026-04-01 – 2026-06-30

Sources · derived quarter values

Derived from cumulative filings: operating cash flow.

Q1 FY 2026

2026-01-01 – 2026-03-31

Sources
FY 2025
Sources
  • 10-K · 2026-03-31
FY 2024
Sources
  • 10-K · 2025-03-27
FY 2023
Sources
  • 10-K/A · 2024-06-21
FY 2022
Sources
  • 10-K · 2023-07-14
FY 2021
Sources
  • 10-K · 2022-04-14
Market Cap$12.6Mcurrent------$24.0Mest.$1.8Best.$1.5Best.$12.3Best.--
Revenue$19.8M$8.7M↑384%$840.9K$465.2K$11.6M↑545%$1.8M↓32%$2.6M↓77%$11.7M↓19%$14.4M
Operating Income-$52.0M-$5.4M↑88%-$4.8M↓1779%-$6.6M↓1375%-$80.2M↓477160%-$16.8K↑99%-$1.2M↑82%-$6.8M↓213%$6.0M
Net Income-$184.2M$103.3M↑712%-$29.7M↓125%-$105.9M$143.2M↑565%$21.5M↑317%-$9.9M↓8%-$9.2M↓277%$5.2M
EPS (Diluted)--$59.55↑968%$-0.20↓174%$-11.86↓699%----$2.10↑138%$-5.60--
Gross Margin19.8%29.3%↓35%42.1%16.7%15.1%↓75%59.4%↑10%54.3%↑221%16.9%↓79%81.4%
Operating Margin-262.8%-62.3%↑97%-572.0%-1426.2%-690.5%↓73863%-0.9%↑98%-47.0%↑19%-58.2%↓240%41.7%
ROE-30.9%———31.4%↑19%26.4%↑219%-22.2%↓1%-22.0%↓162%35.6%
Total Debt$580.4K$580.4K↓71%$580.4K↓66%$575.6K$2.0M↑168%$760.4K--$521.3K$0
Shareholders' Equity$596.5M$596.5M↑4%$485.4M↓10%$510.9M↑21%$455.6M↑458%$81.6M↑83%$44.7M↑7%$41.7M↑187%$14.5M
Current Ratio111.06111.06↓3%175.57↓31%180.91↑18%133.17↑338%30.43↑163%11.59↑20%9.66↑76%5.48
Debt / Equity0.000.00↓72%0.00↓62%0.000.00↓52%0.01—0.010.00
Operating Cash Flow-$3.9M$4.9M-$673.6K-$1.4M-$3.1M--$20.2M↑153%-$37.8M↓907%-$3.8M
Free Cash Flow---------------$38.5M↓823%-$4.2M

Score history

Historical Score Timeline

Industry peers

Industry Peers

Similar companies in Business Services

NXTT vs Peers — Financial Grading

Revenue$11.6MBottom 25%
Net Income$143.2MMedian
ROE31.4%Median
D/E0.00Top 25%
Op. Margin-690.5%Bottom 25%
Curr. Ratio133.17Top 25%
CompanyMarket CapPriceRevenueNet IncomeROED/EOp. MarginCurr. RatioGrahamBuffettLynchGreenblattPiotroskiDreman
AUTOMATIC DATA PROCESSING INCADP$122.3B$309.93$21.9B$4.4B73.2%0.8224.2%1.054/95/93/70/3F-Score 65/11
ELECTRONIC ARTS INC.EA$52.9B$209.70$7.5B$887.0M13.1%0.2215.4%1.051/94/94/70/3F-Score 66/11
Rubrik, Inc.RBRK$22.6B$109.88$1.3B$348.8M67.1%—-26.2%1.691/90/92/70/3F-Score 62/11
AECOMACM$9.1B$70.50$16.1B$561.8M22.5%1.096.4%1.141/93/93/71/3F-Score 82/11
COMMVAULT SYSTEMS INCCVLT$6.2B$152.07$1.2B$70.7M942.8%—6.3%1.951/92/94/70/3F-Score 66/11
WPP plcWPP$6.0B$27.79$18.2B$289.5M-8.5%1.942.8%0.891/92/91/70/3F-Score 32/11
VARONIS SYSTEMS INCVRNS$5.6B$48.94$623.5M$129.3M-21.6%0.76-23.5%1.971/90/91/70/3F-Score 51/11
ROBERT HALF INC.RHI$4.3B$42.00$5.4B$133.0M10.4%—1.4%1.532/95/91/70/3F-Score 52/11