World Scan Project, Inc.

WDSP
Country: JapanPrice: N/AMarket Cap: N/A
Market data unavailable for this ticker. Price and valuation metrics may be incomplete.

Investment snapshot

0%positive consensus
Scored 1d ago

Positive

0

BUY / PASS

Neutral / negative

0 / 2

NEUTRAL / FAIL

Median fair value

—

No comparable estimates

Models with upside

0 / 2

Positive margin of safety

Key risk

No clean pass — all 2 investors flag at least one profitability criterion

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.

MetricPiotroski

F-Score

Sleep

Scale Economies Shared

VerdictFAILFAIL
Score
AnalysisChecking access…Checking access…
Intrinsic Value (annual)N/AN/A
Margin of SafetyN/AN/A
Financial Basis

Annual history · FY 2024

Latest source filing: 2025-09-02

Score computed: 2026-11-14

Annual history · FY 2024 · Qualitative assessment

Latest source filing: 2025-09-02

Score computed: 2026-11-14

Where It Passes

    Where It Falls Short

    • Profitability0% pass✓ 1✗ 4▾

      No clean pass — all 2 investors flag at least one profitability criterion

      Net Income / Total Assets-2.80%
      ✗PiotroskiROA > 0
      ROA Change YoY-24.34% -> -2.80% (delta: +21.53%)
      ✓PiotroskiCurrent ROA > Prior ROA
      (CFO / Total Assets) vs ROACFO/Assets=-61.53%, ROA=-2.80%
      ✗PiotroskiCFO/Assets > ROA
      Gross Margin Change YoY10708.9% -> 30.2%
      ✗PiotroskiImproved YoY
      Revenue growth vs. gross and operating margin trend
      ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    • Cash Flow0% pass✗ 3▾

      All 2 investors flag WDSP's cash flow

      Operating Cash Flow$-16.9M
      ✗PiotroskiCFO > 0
      (CFO / Total Assets) vs ROACFO/Assets=-61.53%, ROA=-2.80%
      ✗PiotroskiCFO/Assets > ROA
      Positive Operating Cash Flow frequency3/5 years positive
      ✗SleepPositive OCF in >= 70% of available years
    • Efficiency0% pass✓ 1✗ 2▾

      No clean pass — all 2 investors flag at least one efficiency criterion

      Current Ratio Change YoY2.41 -> 2.35
      ✗PiotroskiIncreased YoY
      Revenue / Total Assets Change YoY0.02x -> 0.92x
      ✓PiotroskiImproved YoY
      ROIC (5-year)
      ✗SleepROIC > 12% in a majority of years
    • Verdicts0% pass✗ 2▾

      Unanimous FAIL across all 2 scored lenses

      Overall verdict
      ✗PiotroskiFAIL (F-Score 3)✗SleepFAIL (0/6)

    Business & financials

    Financial snapshot: annual FY 2024. Current investor scores may use newer quarterly data.

    Company Profile

    Industry: Wholesale
    SIC Sector: Durable Goods Wholesale
    Size: Micro Cap(N/A)
    Revenue: $25.2M+8650.0% YoY
    Net Income: $-768431.00+77.5% YoY

    Financial Snapshot

    Operating Margin--
    Return on Equity-4.6%
    Debt / Equity0.01
    Current Ratio2.35
    EPS (Diluted)$-0.04+290.9% 1y
    Shares Retired−6.9% / −8.6% 2y

    Shareholder Return

    Fiscal 2024

    Issued 6.9% of shares last year, 8.6% issued over two.

    Buybacks
    —
    Dividends
    —

    What drove EPS

    A buyback raises earnings per share without the company earning more. This splits each year's change into the two.

    FY21
    57.1% = 77.5% + −11.5%
    FY22
    290.9% = 281.9% + 2.3%
    Earnings Fewer shares More shares

    The two parts do not sum exactly to the total — the difference is the cross-term, plus preferred capital where the company has any. It is left visible rather than distributed into the other two.

    Share count is the denominator the filer used for diluted EPS, recovered as net income ÷ EPS — not the balance-sheet count, which is a point-in-time figure and would put the timing difference into this split. Years with a loss are omitted: a smaller share count makes a loss per share larger, so the decomposition inverts.

    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.

    MetricQ3 FY 2025

    2025-05-01 – 2025-07-31

    Sources · derived quarter values

    Derived from cumulative filings: operating cash flow.

    Q2 FY 2025

    2025-02-01 – 2025-04-30

    Sources · derived quarter values

    Derived from cumulative filings: operating cash flow.

    FY 2024
    Sources
    • 10-K · 2025-09-02
    FY 2023
    Sources
    • 10-K · 2024-11-19
    FY 2022
    Sources
    • 10-K · 2023-02-10
    FY 2021
    Sources
    • 10-K · 2022-05-10
    FY 2020
    Sources
    • 10-K · 2021-02-10
    Market Cap--------------
    Revenue$1.6M↑5247%$4.6M$25.2M↑8650%$288.1K↓98%$14.5M↑23%$11.8M↑139%$5.0M
    Operating Income------------$2.0M
    Net Income-$511.0K↑41%$212.4K-$768.4K↑78%-$3.4M↓138%$8.9M↑282%$2.3M↑77%$1.3M
    EPS (Diluted)$-0.02↑33%$0.01$-0.04↑76%$-0.17↓140%$0.43↑291%$0.11↑57%$0.07
    Gross Margin45.2%↓98%38.8%30.2%↓100%10708.9%↑8478%124.8%↑117%57.5%↓13%66.1%
    Operating Margin——————41.0%
    ROE——-4.6%↑88%-39.2%↓147%84.0%↑37%61.2%↓20%76.3%
    Total Debt$134.4K↓18%$189.4K$233.2K↑25%$186.4K↓19%$231.0K↑5%$219.9K--
    Shareholders' Equity$22.2M↑35%$23.8M$16.6M↑90%$8.7M↓18%$10.6M↑178%$3.8M↑121%$1.7M
    Current Ratio11.44↑383%14.592.35↓2%2.41↑44%1.67↓28%2.32↓34%3.52
    Debt / Equity0.01↓39%0.010.01↓34%0.02↓2%0.02↓62%0.06—
    Operating Cash Flow$4.1M↑334%-$1.5M-$16.9M↓9793%-$170.5K↓104%$4.6M↑127%$2.0M↑257%$568.8K
    Free Cash Flow--------------

    Score history

    Historical Score Timeline

    Industry peers

    Industry Peers

    Similar companies in Wholesale

    WDSP vs Peers — Financial Grading

    Revenue$25.2MBottom 25%
    Net Income$-768431.00Bottom 25%
    ROE-4.6%Bottom 25%
    D/E0.01Median
    Op. Margin—
    Curr. Ratio2.35Median
    CompanyMarket CapPriceRevenueNet IncomeROED/EOp. MarginCurr. RatioGrahamBuffettLynchGreenblattPiotroskiDreman
    MCKESSON CORPMCK$127.3B$1102.81$403.4B$4.8B-219.2%-3.001.5%0.852/95/94/70/3F-Score 61/11
    W.W. GRAINGER, INC.GWW$69.7B$1489.30$17.9B$1.7B45.7%0.6713.9%2.834/96/94/71/3F-Score 65/11
    CARDINAL HEALTH INCCAH$65.0B$281.10$254.2B$1.7B-59.5%-3.081.0%0.882/93/93/70/3F-Score 81/11
    SYSCO CORPSYY$38.0B$77.10$81.4B$1.8B99.9%—3.8%1.213/95/95/71/3F-Score 42/11
    RELIANCE, INC.RS$21.8B$427.33$14.3B$739.4M10.3%0.207.1%4.884/97/93/70/3F-Score 55/11
    WATSCO INCWSO$12.8B$308.46$7.2B$497.0M17.9%0.1710.0%4.125/97/94/71/3F-Score 68/11
    APPLIED INDUSTRIAL TECHNOLOGIES INCAIT$10.9B$297.60$4.6B$393.0M21.3%0.3110.9%3.326/95/94/71/3F-Score 57/11
    HENRY SCHEIN INCHSIC$9.5B$86.22$13.2B$398.0M12.3%0.725.0%1.382/94/92/71/3F-Score 53/11