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SPPL vs TRSG

SPPL
Simpple Ltd.
BEARISH
Price
$2.12
Market Cap
$20.7M
Sector
Industrials
AI Confidence
95%
TRSG
Tungray Technologies Inc.
NEUTRAL
Price
$1.22
Market Cap
$20.0M
Sector
Industrials
AI Confidence
80%

Valuation

P/E Ratio
SPPL
--
TRSG
24.4
Forward P/E
SPPL
--
TRSG
--
P/B Ratio
SPPL
3.85
TRSG
1.06
P/S Ratio
SPPL
3.5
TRSG
1.35
EV/EBITDA
SPPL
-5.85
TRSG
14.04

Profitability

Gross Margin
SPPL
49.6%
TRSG
45.08%
Operating Margin
SPPL
-88.78%
TRSG
3.76%
Profit Margin
SPPL
-70.84%
TRSG
5.97%
ROE
SPPL
-142.38%
TRSG
4.17%
ROA
SPPL
-26.25%
TRSG
1.25%

Growth

Revenue Growth
SPPL
2.6%
TRSG
37.0%
Earnings Growth
SPPL
--
TRSG
--

Financial Health

Debt/Equity
SPPL
1.15
TRSG
0.17
Current Ratio
SPPL
0.91
TRSG
2.26
Quick Ratio
SPPL
0.56
TRSG
1.68

Dividends

Dividend Yield
SPPL
--
TRSG
--
Payout Ratio
SPPL
0.0%
TRSG
0.0%

AI Verdict

SPPL BEARISH

SPPL exhibits severe financial distress, highlighted by a weak Piotroski F-Score of 2/9 and a complete lack of positive earnings. The company is suffering from critical liquidity issues with a current ratio of 0.91 and a quick ratio of 0.56, indicating an inability to cover short-term obligations. Massive operational losses (Operating Margin -88.78%) and a catastrophic 5-year price decline of 94.6% suggest a failing business model. Despite a positive gross margin, the company cannot scale or control overhead, making it a high-risk speculative asset.

Strengths
Positive gross margin of 49.60%
Slight positive YoY revenue growth (2.60%)
Low absolute debt-to-equity ratio (1.15) compared to some industrial peers
Risks
Severe negative profitability (Profit Margin -70.84%)
Critical liquidity risk (Quick Ratio 0.56)
Extreme capital erosion (ROE -142.38%)
TRSG NEUTRAL

TRSG presents a dichotomy between a stable balance sheet and a failing market trajectory. The Piotroski F-Score of 5/9 indicates stable financial health, supported by a very low Debt/Equity ratio (0.17) and strong liquidity (Current Ratio 2.26). However, the stock is trading significantly above its growth-based intrinsic value ($0.35) and slightly above its Graham Number ($1.14), while suffering from a catastrophic 5-year price decline of 79.5%. While revenue growth is strong at 37%, it lags behind the sector average, and the technical trend remains entirely bearish.

Strengths
Very low leverage with a Debt/Equity ratio of 0.17
Strong liquidity position (Current Ratio 2.26, Quick Ratio 1.68)
Robust Gross Margin of 45.08%
Risks
Severe long-term price erosion (-79.5% over 3-5 years)
Significant gap between current price ($1.22) and intrinsic value ($0.35)
Thin operating margins (3.76%) limiting the ability to absorb cost shocks

Compare Another Pair

SPPL vs TRSG: Head-to-Head Comparison

This page compares Simpple Ltd. (SPPL) and Tungray Technologies Inc. (TRSG) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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