Stocktoria
DESWELL INDUSTRIES INC DSWL
DESWELL INDUSTRIES INC (DSWL) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 5.31% (safety: safe). FY2026 revenue was $61.3M at a 17.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -1.78 — grey zone (between the usual thresholds). A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.666 |
| Retained earnings / assets | 0.353 |
| EBIT / assets | 0.015 |
| Equity / liabilities | 5.317 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| DSWL | DESWELL INDUSTRIES INC | 4/9 | 11.2 | 5.7 | -9.3% |
| NCL | Northann Corp. | 5/9 | -4.62 | — | +9.9% |
| CMT | CORE MOLDING TECHNOLOGIES INC | 6/9 | 6.88 | 18.6 | -9.5% |
| KRT | Karat Packaging Inc. | 5/9 | 5 | 20.1 | +10.7% |
| MYE | MYERS INDUSTRIES INC | 6/9 | 1.88 | 34.6 | -1.3% |
| AWI | ARMSTRONG WORLD INDUSTRIES INC | 9/9 | 5.92 | 22.4 | +12.1% |
| ENTG | ENTEGRIS INC | 5/9 | 2.82 | 104.5 | -1.4% |
About DESWELL INDUSTRIES INC
Deswell Industries, Inc. engages in the manufacture and sale of injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally. The company operates through two segments, Plastic Injection Molding and Electronic Products Assembling. It produces various plastic parts and components that are used in the manufacture of consumer and industrial products, which include plastic components for electronic entertainment products, power tools, accessories, and outdoor equipment; cases for flashlights, telephones, printers, scanners; parts for industrial components, and indoor control switches, as well as parts for audio equipment, and cases and key tops for personal organizers and remote controls; double injection caps; parts for medical products comprising apparatus for blood tests; laser key caps; automobile components; and plastic components of automatic robot. The company also provides electronic products that consist of audio equipment, including digital and analogue audio mixers, amplifiers, signal processors, audio interfaces, network audio equipment, and speaker enclosures; consumer audio products, such as multi-channel receivers-amplifiers, wired and wireless audio streaming products, and headphones; printed circuit board assemblies; and medical products. The company was founded in 1987 and is based in Macau.
FAQ
Is DSWL financially healthy?
DESWELL INDUSTRIES INC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does DSWL pay a dividend, and is it safe?
Yes. DESWELL INDUSTRIES INC pays a dividend yielding about 5.31% with a 30.0% payout ratio, rated “safe” for safety.
How profitable is DSWL?
In FY2026, DESWELL INDUSTRIES INC had a net margin of 17.3% and a return on equity of 9.7%.
Is DSWL overvalued or undervalued?
DESWELL INDUSTRIES INC trades at about 4.8× trailing earnings — below its 10-year norm (10-year range 3.2×–21.2×, median 7.5×). Stocktoria reports the data, not buy/sell advice.
Is DSWL a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on DESWELL INDUSTRIES INC: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone, a P/E of about 5.7×, a dividend yield of 5.31%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.