Next Technology Holding Inc.
NXTTAbout 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.
Investment snapshot
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
| 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 | PASS | FAIL | FAIL | Not ranked | NEUTRAL | FAIL | PASS | FAIL | FAIL | FAIL | FAIL | PASS | FAIL | FAIL | FAIL | BUY | 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 | |||
| Margin of Safety | N/A | N/A | N/A | N/A | N/A | +85.8% | N/A | +97.2% | +99.6% | N/A | N/A | 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: 2026-11-06 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 $4.48Pabrai fair value$161.64✓Pabrai+97.2% margin vs $4.48Akre 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 AssetsDebt/Equity & Interest CoverageD/E: 0.00, IC: N/A✗BuffettD/E < 0.5 AND Interest Coverage > 5xTotal Debt / Equity0✓Lynch< 0.33Cash - Long-term Debt✗LynchPositive preferredLT Debt / Total Assets Change0.00% -> 0.00%✓PiotroskiDecreased YoYCurrent 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 < 1.00xDebt Levels0✓MungerDebt/Equity < 0.5✓AkreDebt/Equity < 0.3Interest Coverage & Debt/EBITDA✗MarksInterest Coverage > 3x; Debt/EBITDA < 4xTotal Debt / Shareholders Equity0✓Ackman<= 1.0Negative 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 yearsEPS Growth (3-yr avg, 10-yr window)41900.0%✓Graham>= 33% growthNet Income Positive (10+ years)4/7 years positive✗BuffettPositive every year for 10+ yearsROE (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 yearsFree Cash Flow Proxy$5.0M✓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 passROE-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 > 0ROA 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 > ROAGross Margin Change YoY59.4% -> 15.1%✗PiotroskiImproved YoYPre-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 < 15Return 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 valuePositive Net Income Frequency4/7 years positive✗MarksPositive net income in >= 7 of last 10 yearsOperating 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 yearsRevenue 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 holdingNet income / market capitalization-1457.40%; #6112/6340 (top 96.4%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionGross profit / total assets+0.60%; #3387/3702 (top 91.5%)✗AsnessTop 30% of eligible cross-sectionNet income / positive book equity-30.88%; #3919/5226 (top 75.0%)✗AsnessTop 30% of eligible cross-sectionNegative 5-year standard deviation of ROA-0.2242; #4336/5884 (top 73.7%)✗AsnessTop 30% of eligible cross-section3-5 Year Diluted EPS CAGR494.4% over 3 years✗Neff7%-20% annualizedPositive 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$5.0M✓BuffettPositive and growingFCF Positive and Growing$-38.5M✗LynchPositive and growingOperating Cash Flow$-3.1M✗PiotroskiCFO > 0(CFO / Total Assets) vs ROACFO/Assets=-0.59%, ROA=27.31%✗PiotroskiCFO/Assets > ROAPrice / (CFO / Shares)N/A (negative CFPS)✗Dreman< 8xP/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<= 25Positive Operating Cash Flow frequency2/5 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 - 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% 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$0.00 (2019) -> $2.10 (2023)✓DremanPositive over recent yearsEPS CAGR✗Dreman> 5% annualizedPositive Net Income Frequency4/7 years positive✗MarksPositive net income in >= 7 of last 10 years3yr 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 years5-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 holding5-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<= 15xPrice-to-Book Ratio0.0x✓Graham<= 1.5xP/E x P/B0.10✓Graham<= 22.5Basic 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< 8xPrice / 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 < 2.0Discount to Intrinsic Value85.8% (IV=$31.50 vs Price=$4.48)✓Marks>= 20% below intrinsic valuePrice / FCF per Share✗Ackman<= 25Price 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-sectionPositive book equity / market capitalization+47.2014; #82/6449 (top 1.3%)✓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 Share0.05x✓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-sectionTrailing 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>= 2.0ROIC (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 YoYRevenue / Total Assets Change YoY0.02x -> 0.02x✓PiotroskiImproved YoYCurrent Assets / Current Liabilities111.06✓Dreman> 1.5Return 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 eachReinvestment 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
Financial Snapshot
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.
| Metric | TTM · 2026-09-30 2025-10-01 – 2026-09-30 Sources · derived quarter valuesDerived 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 valuesDerived from cumulative filings: operating cash flow. | Q2 FY 2026 2026-04-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow. | Q1 FY 2026 2026-01-01 – 2026-03-31 Sources | FY 2025Sources
| FY 2024Sources
| FY 2023Sources
| FY 2022Sources
| FY 2021Sources
|
|---|---|---|---|---|---|---|---|---|---|
| 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 Margin | 19.8% | 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 Ratio | 111.06 | 111.06↓3% | 175.57↓31% | 180.91↑18% | 133.17↑338% | 30.43↑163% | 11.59↑20% | 9.66↑76% | 5.48 |
| Debt / Equity | 0.00 | 0.00↓72% | 0.00↓62% | 0.00 | 0.00↓52% | 0.01 | — | 0.01 | 0.00 |
| 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
| 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 |