Loading institutional data...
Loading institutional data...
Institutional distribution: ownership decreased -2.38% quarter-over-quarter.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
The answer is outside the range this solves over (-60% to +100%/yr), so it is reported as off the scale rather than as a rate. The price is below what this cash flow is worth even under collapse.
2-stage DCF · 0.01B shares · net debt -$351853
mean -111.3% · volatility σ 254% · implied rate exceeded in 3/6 yrs
Central path = implied -60.0%/yr growth; shaded band = ±1σ (254%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Top 10 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2024
Each value shows its share of revenue below it (common-size).
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.8M 100.0% | $86.5M 100.0% | $100.4M 100.0% | $160.9M 100.0% | $100.9M 100.0% | $117.6M 100.0% | $86.7M 100.0% | $117.0M 100.0% | $134.7M 100.0% | $135.3M 100.0% |
| Cost of Revenue | $69.1M 91.2% | $85.5M 98.8% | $95.6M 95.3% | — | — | — | — | $97.1M 82.9% | $109.2M 81.1% | $107.4M 79.4% |
| Cost of Products | — | — | — | — | — | — | — | $97.1M 82.9% | $109.2M 81.1% | $107.4M 79.4% |
| Gross Profit | $6.7M 8.8% | $1000K 1.2% | $4.8M 4.7% | $11.0M 6.8% | $5.7M 5.6% | $13.7M 11.6% | $5.8M 6.7% | $20.0M 17.1% | $25.5M 18.9% | $27.9M 20.6% |
| Research & Development | $100K 0.1% | $91K 0.1% | $146K 0.1% | $101K 0.1% | $69K 0.1% | $75K 0.1% | $30K 0.0% | $32K 0.0% | $22K 0.0% | $28K 0.0% |
| Selling, General & Admin | $14.8M 19.5% | $9.1M 10.5% | $10.1M 10.0% | $9.6M 5.9% | $11.2M 11.1% | $9.8M 8.3% | $13.1M 15.1% | $11.3M 9.7% | $12.4M 9.2% | $9.7M 7.1% |
| Operating Income | -$8.2M -10.8% | -$9.6M -11.1% | -$5.3M -5.3% | $1.5M 0.9% | -$5.5M -5.4% | $3.9M 3.3% | -$11.2M -12.9% | $4.7M 4.0% | $13.0M 9.6% | $18.2M 13.4% |
| Interest Expense | $762K 1.0% | $985K 1.1% | $1.0M 1.0% | $1.1M 0.7% | $1.0M 1.0% | $926K 0.8% | $1.5M 1.7% | $2.4M 2.1% | $2.6M 1.9% | $3.2M 2.3% |
| Interest & Investment Income | $15K 0.0% | $315K 0.4% | $24K 0.0% | $39K 0.0% | $32K 0.0% | $65K 0.1% | $37K 0.0% | $35K 0.0% | $97K 0.1% | $70K 0.1% |
| Pretax Income | -$9.0M -11.8% | -$9.6M -11.1% | -$4.9M -4.8% | — | -$6.7M -6.6% | $3.3M 2.8% | -$12.4M -14.3% | $2.3M 2.0% | $10.4M 7.7% | $15.7M 11.6% |
| Income Tax Expense | $879K 1.2% | $347K 0.4% | $11.7M 11.7% | $5.5M 3.4% | -$1.1M -1.1% | $1.1M 0.9% | -$1.9M -2.1% | $663K 0.6% | $3.1M 2.3% | $4.1M 3.0% |
| Net Income | -$9.8M -13.0% | -$9.9M -11.5% | -$16.6M -16.5% | $906K 0.6% | -$5.6M -5.5% | $2.2M 1.9% | -$10.5M -12.2% | $1.7M 1.4% | $7.3M 5.4% | $11.5M 8.5% |
| Per Share | ||||||||||
| EPS (Basic) | $-0.98 | $-0.99 | $-1.66 | $0.10 | $-0.21 | $0.10 | $-0.49 | $0.08 | $0.34 | $0.57 |
| EPS (Diluted) | $-0.98 | $-0.99 | $-1.66 | $0.10 | $-0.21 | $0.10 | $-0.49 | $0.08 | $0.34 | $0.57 |
| Weighted Avg Shares (Basic) | 10.1M | 10.1M | 10.0M | 9.1M | 26.5M | 22.0M | 21.6M | 21.5M | 21.4M | 20.3M |
| Weighted Avg Shares (Diluted) | 10.1M | 10.1M | 10.0M | 9.1M | — | 22.0M | 21.6M | 21.5M | 21.4M | 20.3M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $6M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -6%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $6M is below the $7M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2019-09-30 (10-Q).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~13.7% on $6M of debt.
Cash of $6M fully covers short-term debt of $4M.
Mostly short-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
No standout strengths flagged.
Where each multiple sits in its own 13-yr range · 0th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 13-yr history.
Is the profit real, and how strong is the balance sheet?
FY2024 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 82.9 | — | — | — | — | 95.3 | 98.8 | 91.2 |
| Gross Profit | 17.1 | 6.7 | 11.6 | 5.6 | 6.8 | 4.7 | 1.2 | 8.8 |
| R&D | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| SG&A | 9.7 | 15.1 | 8.3 | 11.1 | 5.9 | 10.0 | 10.5 | 19.5 |
| Operating Income | 4.0 | -12.9 | 3.3 | -5.4 | 0.9 | -5.3 | -11.1 | -10.8 |
| Income Tax | 0.6 | -2.1 | 0.9 | -1.1 | 3.4 | 11.7 | 0.4 | 1.2 |
| Net Income | 1.4 | -12.2 | 1.9 | -5.5 | 0.6 | -16.5 | -11.5 | -13.0 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on ITP: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BHP | $427.1B | — | — | — | — | — | — | — | — | — | 713 |
| LIN | $216.9B | 31.6× | 19.5× | 6.4× | 3.0% | — | 20.3% | 18.0% | 10.9% | 2.1× | 2,148 |
| SCCO | $157.0B | 36.2× | 20.3× | 11.7× | 17.4% | 60.1% | 32.4% | 39.4% | 24.4% | 0.9× | 791 |
| CX | $147.4B | — | — | — | — | — | — | — | — | — | 297 |
| TX | $114.2B | — | — | — | — | — | — | — | — | — | 139 |
| FCX | $99.5B | — | 12.0× | 3.8× | 1.8% | 28.2% | 16.0% | 22.0% | 14.7% | 1.1× | 1,775 |
| AEM | $97.8B | — | — | — | — | — | — | — | — | — | 1,066 |
| SHW | $79.6B | 31.3× | — | 3.4× | 2.1% | 48.8% | 10.9% | 55.9% | 17.0% | — | 1,610 |
| ECL | $77.3B | 37.6× | 22.7× | 4.8× | 2.2% | 44.5% | 12.9% | 21.2% | 19.5% | 0.3× | 1,619 |
| B | $71.3B | — | — | — | — | — | — | — | — | — | 979 |
| WPM | $66.6B | — | — | — | — | — | — | — | — | — | 809 |
| APD | $63.9B | — | 90.3× | 5.3× | -0.5% | 31.4% | -3.3% | -2.6% | -2.6% | 0.1× | 1,702 |
| NUE | $60.1B | 34.7× | — | 1.9× | 5.7% | 11.9% | 5.4% | 8.3% | 8.3% | — | 1,325 |
| VALE | $60.1B | — | — | — | — | — | — | — | — | — | 537 |
| CRH | $58.0B | 15.7× | 9.3× | 1.6× | 5.3% | 36.1% | 10.0% | 15.6% | 9.2% | 2.2× | 9 |
| MT | $55.7B | — | — | — | — | — | — | — | — | — | 286 |
| DD | $53.3B | — | — | 7.8× | 1.9% | 34.5% | -11.4% | -5.6% | -5.6% | — | 1,172 |
| AU | $50.4B | — | — | — | — | — | — | — | — | — | 537 |
| FNV | $50.0B | — | — | — | — | — | — | — | — | — | 614 |
| NTR | $37.1B | — | — | — | — | — | — | — | — | — | 718 |
| STLD | $34.5B | 29.8× | 18.7× | 1.9× | 3.6% | 13.2% | 6.5% | 13.2% | 9.0% | 2.1× | 893 |
| KGC | $33.4B | — | — | — | — | — | — | — | — | — | 630 |
| VMC | $31.9B | 30.1× | 15.2× | 4.0× | 7.1% | 27.4% | 13.6% | 12.6% | 8.4% | 1.8× | 981 |
| MLM | $30.0B | 26.5× | 17.0× | 4.9× | 8.6% | 30.7% | 18.5% | 11.3% | 7.4% | 2.6× | 1,022 |
| PPG | $23.5B | 15.1× | — | 1.5× | 0.2% | 41.3% | 9.9% | 19.8% | 10.3% | — | 1,003 |
| ITP | $2M | — | — | 0.0× | -12.4% | 8.8% | -13.0% | -6.3% | -6.1% | — | 10 |
Peers = companies sharing ITP's sector (Basic Materials) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.