T3 Defense Inc. (DFNSW) Stock Analysis

Price updated today · SEC data refreshed 2 months ago ⓘ · Not investment advice

T3 Defense Inc.

DFNSW Industrials Services-Management Consulting Services📄 SEC filings ↗
Speculative
⚠ Low-confidence DCF estimate
Price vs model IV About fair Long-term trend (200d) 38% below 200-day DCF applicability Medium Risk 51/100 Elevated
▾ What's in the 51/100 risk score? (higher = riskier)
Valuation (price vs model IV) (30%) 35/100 → +10.5
Fundamental health (30%) 70/100 → +21.0
leverage 62/100 · FCF trend 90/100 · DCF applicability 55/100 · Altman Z not scored — input unavailable (see Financial Health)
Smart money (short interest + insider buying) (22%) 65/100 → +14.3
Macro backdrop (VIX, curve, credit, fear/greed + week-over-week momentum) (18%) 30/100 → +5.4
Total51/100

Contributions (weight × component score) sum to the total. This near-term score now includes fundamental health (leverage, FCF trend, DCF applicability). It excludes the the Altman Z score, whose retained-earnings input this filer does not report separately, which relies on a proxied (estimated) input. See the Financial Health section for the full balance-sheet read.

💵 Price $0.08 · today 📄 Financials SEC EDGAR · refreshed 2 months ago
📍 START HERE

How to read DFNSW (speculative micro-cap)

No model can pin a precise fair value on a company this small — but that does not mean there is nothing to learn. The useful questions are what the price is betting on, and whether the company can survive long enough to deliver it.

Where to start — the sections that matter most for this stock
  1. 1 Reverse-DCF — what growth the price assumes ↓
    The single most useful number here: it backs out the growth the market is paying for. If that figure is "historically unprecedented," the price is running on hype, not fundamentals.
  2. 2 Cash runway ↓
    A pre-profit micro-cap lives or dies on whether it can fund itself to profitability before running out of money and diluting you.
  3. 3 The raw financial statements + the 10-K ↓
    At this scale, the actual numbers, insider ownership, and share-count trend tell you more than any ratio.
Or — what are you trying to decide?
One rule first: never trade out of fear — and that includes the fear of missing out. A stock up 10% a day for three days is excitement, not data. If you can't point to the evidence behind a trade, you're more likely to lose. So whichever of these you are, check the data below before you act.
🚀
"It's surging — should I chase it?"
The momentum / FOMO trade. Before you chase, see whether the people who know it best are quietly selling into the rally.
⚖️
"Is it worth what it costs?"
The valuation trade. Our DCF, the growth the price implies, and a calculator you drive yourself.
🏷️
"Is it a cheap bargain?"
The deep-value trade. How far below assets and our value it trades — and whether it's cheap for a reason.

Is now a good time to buy DFNSW?

Macro: Neutral / mid-cycle

DFNSW trades at $0.08 vs an estimated intrinsic value of $0.09 — a 11.0% discount to model IV.

Margin of safety
Some — price below our value
Macro regime
Neutral / mid-cycle
No extreme readings in either direction. Stock selection matters more than macro positioning right now.

Not investment advice. The model can be wrong. Verify the assumptions in the sections below and consider consulting a licensed advisor for significant decisions.

ⓘ Why does DFNSW trade at $0.08?

T3 Defense Inc. has 60.3 million shares outstanding. At $0.08 per share, the market values all outstanding DFNSW equity at $5 million. That's market capitalization, not enterprise value — enterprise value also accounts for debt and cash — and it matters here because DFNSW carries substantial debt. The share price by itself tells you almost nothing — a company can pick any share price by splitting or issuing more shares. What matters is the total value (Market Cap?Market Cap — The total dollar value the market is assigning to the entire company.
Why it matters: This is the number that actually matters when comparing companies. Two companies with the same business but different share counts have the same market cap.
Reference: Mega cap >$200B · Large $10–200B · Mid $2–10B · Small $300M–2B · Micro <$300M
Full explanation →) compared to what the business actually produces. This page values DFNSW in Per Share?Per Share — A company-level figure divided by total shares — what one share represents.
Why it matters: Per-share metrics are the only way to fairly compare two companies with different share counts.
Full explanation → economics — what each share represents of the underlying business. Play with the share-price calculator on the homepage →

Loading insider & short-seller data…
VALUATION LENS — REVERSE DCF

What growth must the market believe? ?Reverse DCF — Instead of asking "what is this stock worth?", asks "what growth rate is the current market price already assuming?"
Why it matters: It crystallizes the bull thesis as a single number you can argue with. If the market expects 40% growth for 10 years and you do not believe that, the stock is overvalued.
Reference: 10–15% = sustainable for strong companies · 20–25% = exceptional · 30%+ = historically very rare

Traditional DCF asks "what is this stock worth?" Reverse DCF flips it: it treats today's price as correct and solves for the growth rate that justifies it. In plain terms — if our model is right about everything else, the company's cash flow would have to grow (or shrink) by this much every year for the next 10 years for today's price to make sense. If that required growth looks unrealistic, the price is stretched; if it looks easy to beat, the price may be cheap.

To justify today's $0.08 price, DFNSW's free cash flow?Free Cash Flow (FCF) — Operating cash flow minus capital spending: cash left after a company covers operating costs, taxes and interest and reinvests in the business — but BEFORE repaying debt principal or paying dividends. The cash actually available to investors.
Why it matters: A company can show big profits on paper while burning through cash. FCF is what actually fills the bank account.
Reference: Healthy mature businesses convert 8–15% of revenue into FCF · Growth companies often negative
Full explanation → must grow at:
-3.1%
10-year flat FCF growth implied by today's price
This is a 10-year flat cash-flow growth rate implied by today's live price.
▾ Exactly how this 10-year figure is computed
Starting FCF/share: $0.01 (projected from revenue × terminal margin)
Forecast length: 10 years, single flat growth rate (no fade)
Terminal growth after year 10: 1.6%
Discount rate: 10.0% (the rate the model used)
Price used: $0.08 — the live price shown on this page (not frozen)
Method: solve for the constant annual growth rate that makes the discounted 10-year FCF stream + terminal value equal today's price.
Priced for decline

Market is pricing in shrinking cash flow — often a sign of undervaluation OR a dying business. Check leverage, the cash-flow trend and the measurable financial-health screens below to tell them apart.

For reference: The market is pricing in flat-to-slightly-declining cash flow — common for mature or out-of-favor companies, not a vote of confidence.

The market is pricing in flat-to-slightly-declining cash flow. That points to one of two things: the business is genuinely in decline (so a low price is fair), or the market is overreacting (a bargain). Revenue has been shrinking at -1.0%/yr over the last 1 years — one data point in that debate. The way to tell them apart is the financial-health trend: check leverage, the cash-flow trend and the measurable Piotroski checks below. Strong and improving health behind a "decline" price often signals opportunity; weak and deteriorating health usually means the market is right.
▾ How we computed this · Reality check thresholds · Assumptions
Inputs:
  • Starting FCF/share: $0.01 (projected from revenue × terminal margin)
  • Discount Rate?Discount Rate — The annual return you demand for taking single-stock risk instead of buying a safe Treasury or index fund.
    Why it matters: Higher discount rate = stricter valuation (a stock has to produce more cash to be worth holding). Lower = more generous.
    Reference: 8–12% is standard · 9–10% matches S&P 500 historical return · Below 7% is illogical for single-stock risk
    Full explanation →    : 10.0% — standard 8-12%; 9-10% matches S&P 500 historical return
  • Terminal Growth Rate?Terminal Growth Rate — The growth rate we assume the company holds forever, after the explicit 10-year forecast period ends.
    Why it matters: It anchors the long-tail value. Cannot mathematically exceed long-term GDP growth or the company eventually becomes larger than the global economy.
    Reference: 2–3% (matches long-term US GDP growth) · Above 4% is mathematically problematic
    Full explanation →    : 1.6% — matches long-term GDP growth
  • Forecast horizon: 10 years explicit + terminal perpetuity
Reality-check scale:
≤ 0%Priced for decline — likely undervalued OR dying business
5-12%Reasonable; sustainable for quality businesses
12-18%Demanding — strong execution required
18-25%Exceptional — few companies sustain for a decade
25-35%Heroic — historically very rare
35%+Borderline impossible at scale

Sustaining 30%+ cash-flow growth for a full decade at scale is exceedingly rare — the bar is brutally high.

Use the interactive calculator below to change the discount rate, growth and terminal-growth assumptions and watch the value move.

VALUATION RANGE — CROSS-METHOD CHECK

⚠ At today's price, the market values DFNSW at about 0.3× its annual sales — a typical established company trades around 1–3×. Standard industry multiples (the bars below) collapse toward $0 at this scale, so they aren't the useful read. For a micro-cap with sales, lean on the Reverse-DCF (what revenue growth that price implies), the Momentum trend, and cash runway — see 📍 What to focus on.

Football field: where does the price sit?

Different valuation methods produce different fair-value ranges depending on assumptions. Plotting them together lets you see at a glance whether the current price is reasonable across approaches, or only one specific lens.

If FCF grew -5%/yr → 8%/yr (flat 10-yr DCF sweep; model assumes 2.0%)$0$0Our model's scenarios (cons→opt growth, weighted 40/35/25)$0$0Current: $0.08$0$0$1$1$1
The current price sits inside each method's range — roughly fair on this blended view.

Industry multiples sourced from: sector: Industrials. See the Peer Basket section below for the peer comparison and its limited-comparables caveat.

⚠️ BUSINESS-MODEL ADVISORY — SPECULATIVE NANO / MICRO-CAP

How to read a company this small

DFNSW is too small and/or too volatile for the valuation lenses we use on larger, more stable companies. The numbers shown below should be taken as rough orientation only.

✅ What actually drives value for this kind of company
  • Market cap $4.8M — nano-cap territory (below $50M)
❌ Metrics that DON'T apply (ignore these even if you see them below)

Growth percentages on tiny revenue bases (1000% going from $200K to $2M is not predictive). P/E and ROE swing wildly with small earnings changes. Peer comparisons fail because there often aren't comparable companies at this scale.

📚 Where to actually look

Start with the Reverse-DCF above — it backs out the growth the price is betting on; if that figure is "historically unprecedented," the price is running on hype, not fundamentals. Then the cash runway (can it fund itself to profitability before diluting you?). Then the raw Financials table and the 10-K on SEC EDGAR — at this scale, insider ownership and the share-count trend often matter more than any ratio.

Classified as Speculative Nano / Micro-cap (confidence 80%). Disagree? An admin can override via the post edit screen.

PEER BASKET — LIMITED COMPARABLES

⚠ Genuine comparables are scarce at this size, so peer multiples are unreliable here. Treat as rough context only — see 📍 What to focus on above.

How does DFNSW stack up against its closest peers?

Ideally we compare DFNSW only to same-industry peers, but too few exist in our universe right now, so the basket below mixes in broader-sector names. Treat the multiples as rough context, not a valuation. For a leveraged business, EV/EBIT and FCF yield (both in the table) are usually more reliable than EV/Sales, because revenue multiples ignore differences in margins and debt.

▾ What's "EV / Sales" in plain English?

EV (Enterprise Value) = market cap + total debt − cash. It's "what you'd pay to buy the entire company outright" — you pay the market cap to shareholders and take over their debt, but you keep their cash. EV is fairer than market cap alone because it includes the debt the new owner inherits.

EV / Sales = EV ÷ annual revenue. So "2.5×" means investors pay $2.50 of enterprise value per $1 of yearly sales. Higher = market is paying more per dollar of sales (usually because they expect future growth or fat margins).

p25 / median / p75 are the 25th, 50th (middle), and 75th percentile of the peers' multiples. Half the peers fall between p25 and p75. The median (p50) is the typical peer — that's the benchmark we compare to.

What peers trade at (p25 / median / p75)
EV / Sales?EV / Sales — For every $1 of yearly revenue, this is how many dollars investors pay to own the whole business (including debt).
Why it matters: Works for pre-profit growth companies where P/E and FCF don't apply. The most apples-to-apples cross-company multiple because it ignores accounting choices.
Reference: 1–3x for mature companies · 4–10x for software/SaaS · 10–20x for hypergrowth · >20x is rare and demanding
Full explanation →		 0.2x / 0.3x / 0.5x
EV / Gross Profit?EV / Gross Profit — Enterprise value divided by gross profit — the multiple paid for what each dollar of sales contributes after direct costs.
Why it matters: More refined than EV/Sales for high-margin businesses (software, marketplaces) where gross margin is the real economic engine.
Reference: 8–15x for SaaS · 15–25x for hypergrowth software · >30x demanding
Full explanation →		 1.6x / 2.5x / 27.5x

Bold middle number = median peer. Half the peers trade above it, half below. Computed over 8 peers (broad — see caveat); implausible multiples excluded.

What DFNSW would be worth at the median peer's multiple
We're not showing a peer-implied price for DFNSW: with only 0 genuine same-industry comparables, a median built partly from broader-sector names would be misleading. Lean on the DCF and Reverse-DCF above; use the multiples table only as loose context.

⚠️ Important caveat: peer multiples only work if the peers are genuinely comparable. Always check the peer list below — if the auto-picker grabbed micro-caps or unrelated businesses, the comparison is noise. A medical-device giant priced against tiny biotech startups won't produce a useful signal.

▾ View peer list (8)
Ticker Company Industry Mcap EV/Sales EV/GP EV/EBIT FCF Yield
UGRO urban-gro, Inc. Machinery, Equipment & Sup ·fallback $5M 0.3x 27.5x — 35.5%
ZEO Zeo Energy Corp. Specialty Construction ·fallback $6M 0.2x — — 29.7%
TOPS TOP SHIPS INC. Deep Sea Foreign Transport ·fallback $4M 2.7x — 8.4x 584.5%
WXM WF International Ltd. Specialty Construction ·fallback $3M 0.2x 2.7x — 32.0%
VCIG VCI Global Ltd Facilities Support Managem ·fallback $8M 0.3x — — 89.8%
HUBG Hub Group, Inc. Arrangement of Transportat ·fallback $3M 0.1x — 1.9x 4,901.6%
ZKIN ZK International Group Co., Ltd. Miscellaneous Fabricated M ·fallback $9M 275.2x 2.3x — —
STAK STAK Inc. Construction Machinery ·fallback $13M 0.5x 1.6x — 36.3%
FINANCIAL HEALTH SCREENS

Quality & solvency checks

Cheap stocks can be cheap for a reason. These screens warn when a low valuation comes paired with structural fragility.

Altman Z-Score?Altman Z-Score — A bankruptcy-risk score combining 5 financial ratios into one number. Predictive of bankruptcy within 2 years.
Why it matters: Cheap-looking stocks (low P/E or P/B) often have low Z-scores because the market knows the company is dying. Z-score warns you before you fall into a value trap.
Reference: > 3.0 = safe zone · 1.81–3.0 = grey zone · < 1.81 = distress zone
Full explanation →
n/a
Not reliably computable

We can't produce a trustworthy Altman Z here: retained earnings weren't separately reported in our data, so a core input would have to be fabricated. Rather than show a categorical "distress" verdict from an invented number, we mark it unavailable. The classic manufacturing-calibrated model also fits asset-light businesses like this one poorly. Judge financial health from the leverage, cash position, and the measurable Piotroski checks instead.

Piotroski checks
3 passed · 5 failed · 1 n/a
Partial result, not a standard F-score: 3 of 8 measurable checks passed. 1 of the 9 standard checks couldn't be measured, so this is scored out of 8, not 9 — it isn't comparable to a published F-score.
▾ The checks — what passed, what didn't (and what we couldn't measure)
  • ✗ Positive net income
    Net income -$11.8M in the latest year.
    Why this matters: Does the company actually earn a profit? Sustained losses eventually force it to raise money — diluting you — or take on debt.
  • ✗ Positive operating cash flow
    Operating cash flow -$3.8M (was -$1.2M the prior year).
    Why this matters: Profit can be an accounting figure; cash from running the business is harder to fake. Negative operating cash flow means the core business consumes cash and must be funded externally.
  • ✓ Cash flow backs up reported profit
    Operating cash flow -$3.8M vs net income -$11.8M.
  • ✗ Return on assets improving
    Return on assets -353.3% vs 0.0% a year ago.
    Why this matters: Is the company squeezing more profit out of each dollar of assets than last year? Rising = getting more efficient; falling = the opposite.
  • ✗ Debt load (vs assets)
    Long-term debt is 46.7% of assets vs 0.0% a year ago ($1.6M now).
    Why this matters: Rising debt relative to assets means more risk and more cash going to interest instead of shareholders. Falling debt is a sign of strengthening.
  • ✗ Short-term liquidity (current ratio)
    Current ratio 0.32x vs 0.49x a year ago — below 1.0, a caution flag.
    Why this matters: The current ratio compares assets it can turn to cash within a year against bills due within a year. Below 1.0 means it may struggle to cover near-term obligations.
  • ✓ Share count (dilution)
    Share count held roughly flat (60.3M → 60.3M year-over-year).
  • · Pricing power (gross margin) (n/a — data not reported; not scored)
  • ✓ Sales per asset (asset turnover)
    Asset turnover 6.35x vs 1.17x a year ago.

Missing data is never counted as a pass or a fail — it's shown as n/a and excluded from the denominator. Each check compares the company against its own prior year.

INTERACTIVE — TWEAK YOUR ASSUMPTIONS

What if you assume different inputs?

Here's where we land — and what happens if you change the assumptions. Drag the sliders to set your own Discount Rate?Discount Rate — The annual return you demand for taking single-stock risk instead of buying a safe Treasury or index fund.
Why it matters: Higher discount rate = stricter valuation (a stock has to produce more cash to be worth holding). Lower = more generous.
Reference: 8–12% is standard · 9–10% matches S&P 500 historical return · Below 7% is illogical for single-stock risk
Full explanation → (the annual return you demand for single-stock risk) and terminal growth; the value updates live so you can see whether the stock looks cheaper or richer. The discount rate starts at 10.0%, the figure our model used for DFNSW. Open Advanced to also change beta, growth and the rate path.

Note: at default inputs this calculator mirrors the headline model's three-scenario weighting (conservative/base/optimistic, 40/35/25), so its opening value should land close to the headline intrinsic value of $0.09. A small gap is rounding; a large one would be a data problem — and we check for it below.

Probability-weighted model IV
$0.09
It trades at
$0.08
Margin of safety
11.0%
Price is 11% below model IV — it looks about fairly valued. Change the assumptions below to see what would justify today's price.
4.5% (risk-free)9-10% normal18% (deep-risk)
0%2-3% (GDP)5% (rarely sustainable)
Flat-path value at your assumptions (single growth path — not the probability-weighted scenario IV)
$0.09
vs today's $0.08
-11.0%

At the default assumptions the flat path lands near our published value of $0.09. Move any slider to recompute it with your own.

For comparison — the FCF growth today's price already assumes
—
—

—

⚙ Advanced — tinker with every input (beta, growth, rate path, margin → full intrinsic value)
Where the discount rate comes from — discount rate = risk-free + beta × equity-risk-premium
What you'd earn risk-free from government bonds — the floor under every other rate. Slide it down to model the market expecting rate cuts (value rises); up for higher-for-longer.
The extra yearly return investors demand for owning stocks instead of safe bonds — the price of risk. History runs ~4.5–6.5%; we default to 5.5% (slightly conservative). It's an estimate, not a law — lower it if you think equities are less risky than that.
Inflation quietly eats returns: a 9% gain at 3% inflation is only ~6% in real purchasing power. The intrinsic value above is already in today's dollars (a nominal DCF cancels inflation out of both growth and the discount rate), so this doesn't change the value — it shows what's left of your return after the tax.
Higher beta → higher discount rate (sets the rate above). 1.0 = moves with the market.
What you think DFNSW can grow FCF for ~5 years, then fades to terminal.
All inputs start at the values our model used.

    Copy shareable link to this scenario →

    Price$0.08
    Model IV$0.09
    Margin of Safety11.0%
    DCF applicabilityMedium
    Return to IV (3yr, annualized)4.0%

    Analysis narrative not yet available for this stock.

    ⚠️ FCF negative: revenue/margin growth model projects future cash flows from revenue trajectory.

    As of 2 months ago

    ANATOMY

    Anatomy of a share

    What you're buying per share. Bars are at the same scale so you can see the relative size of revenue, costs, cash flow, and debt — not just read them in a table.

    DFNSW T3 Defense Inc. stock anatomy showing per-share revenue, operating expenses, free cash flow, and debt
    −55.6%
    loss
    Where each $1 of revenue goes
    For every $1 of revenue, DFNSW currently loses 55.6¢ — costs exceed sales. A money-losing business can still be a good investment if losses are shrinking toward profitability; check the trend, not just the snapshot.
    Net margin = net income ÷ revenue (most recent fiscal year).
    Plain English: $0/share buys $0.35 of revenue per share per year, generates $0.20 lost per share per year, and $-0.06 of owner-earnings free cash flow per current share (latest fiscal year). Each share carries $0.03 of debt. The DCF does not start from that single year — it instead starts from a projected from revenue × terminal margin of $0.01 per share to capture a full cycle.
    What's free cash flow / what do these mean?

    Revenue per share — how much the business earns from customers, divided by the number of shares outstanding. Top of the income statement.

    Earnings per share — profit left after operating costs, interest, and taxes, per share. Two versions appear on this page and are not interchangeable: GAAP diluted EPS uses the company's weighted-average diluted share count during the reporting period (this is the "earnings" in "price-to-earnings"); net income per current share divides annual net income by today's share count. They differ whenever the share count has changed.

    Owner-earnings free cash flow per share — the cash the business produces for shareholders. Savng's owner-earnings FCF subtracts capital expenditures and stock-based compensation from operating cash flow (SBC is a real dilution cost even though it's non-cash). This is deliberately more conservative than "standard" FCF, which subtracts only capital expenditures — so our figure is lower than the headline FCF you'll see elsewhere. FCF funds dividends, buybacks, debt repayment, and acquisitions; a company can report positive earnings yet negative FCF.

    Debt per share — total interest-bearing borrowings divided by shares. High debt-per-share next to thin FCF-per-share is a fragility signal.

    MOMENTUM — WHAT'S GETTING BETTER & WORSE

    The trend, in plain numbers (2022 → 2023)

    Straight from the financial statements — no model, no opinion. For a small or unprofitable company, the direction of these numbers usually tells you more than any single valuation.

    ✅ Improving

    Nothing clearly improving year-over-year.

    ⚠ Worsening
    • Revenue fell -1% to $21.3M.
    • Free cash flow is negative at -$3.8M — the cash burn widened vs last year.
    • Swung to a loss of -$11.8M (from a profit the prior year).
    WHO

    Management & Leadership

    Information not yet available. Executive data not available from current data sources.
    WHAT

    What They Make

    Company description not yet available.

    Segment revenue breakdown not available from current data sources.
    Market Cap: 4.8MBeta: 1.00
    WHY

    Why Is It Priced Like This?

    Intrinsic Value$0.09
    Discount to IV 11.0%
    Return to IV (3yr, annualized) 4.0%
    Pricing analysis not yet available for this stock.
    Three Scenarios, Weighted
    ScenarioIVvs PriceWeight
    Conservative$0.06-25.1%40%
    Base$0.0912.4%35%
    Optimistic$0.1362.3%25%
    Weighted$0.0912.4%100%
    HOW

    Business Model & Valuation

    Business model analysis not yet available for this stock.

    Growth / Revenue DCF Medium

    Negative free cash flow: revenue/margin growth model used - standard FCF DCF is unreliable for companies still scaling.

    In plain English: we estimate DFNSW's value by projecting its owner-earnings free cash flow (operating cash flow minus capital expenditure and stock-based compensation) into the future and converting it back to what it's worth today. We start from $0.01 per share (projected from revenue × terminal margin), assume it grows 2.0% per year for about 5 years (then gradually fades), and discount everything at 10.0% — the yearly return a buyer should demand for this much risk. After that it's assumed to grow 1.6% per year forever (kept below long-run economic growth — the terminal rate fades from the near-term growth above, so a low near-term rate produces a low perpetual rate). A higher discount rate or slower growth means a lower value, and vice-versa — change any of these yourself in the calculator above.
    Owner-earnings FCF / share$0.01projected from revenue × terminal margin — smoothed, not the latest single year
    Growth (g₁) — 5yr2.0%Source: historical CAGR + sector defaults
    Discount Rate (r)10.0%
    Terminal Growth (gT)1.6%
    Show advanced inputs
    RevenueGrowth2.0%

    What this model does NOT do: this is a consolidated owner-earnings FCF model. Standalone segment assumptions: none. It does not project its revenue segments independently; their combined effect is embedded in the historical revenue and cash-flow trend the model extrapolates. The calculator above can only approximate a segment's impact through the single consolidated growth rate — it cannot model any one line separately. For a true segment-level view, build a separate model from the company's segment disclosures.

    WHEN

    Maturity & Competitive Position

    Competitive analysis not yet available for this stock.
    WHERE

    Geography & Markets

    Geographic revenue mix not available from current data sources.
    SIGNALS

    Market Signals

    These are timing signals, not value signals — they describe the stock's recent price behavior, not what the business is worth. Use them for the "the thesis looks good, but is now the moment?" question. Each tile below explains what it's saying.

    Model bullish, tape bearish - divergence suggests timing risk.
    RSI?RSI — Relative Strength Index — a 0-100 momentum gauge. Above 70 = overbought; below 30 = oversold.
    Why it matters: Short-term contrarian indicator. Extreme readings often precede mean reversion, though not always.
    Reference: 30–70 normal · >70 overbought · <30 oversold
    Full explanation →     (14)    45.6NeutralMomentum is balanced — neither overbought nor oversold.
    MACD?MACD — Moving Average Convergence Divergence — compares a fast and a slow price trend to gauge momentum direction.
    Why it matters: When the fast line crosses above the slow line, short-term momentum is turning up; below, turning down. A timing cue, not a value signal.
    Reference: Line above signal = bullish momentum · below = bearish
    Full explanation →    BullishLine above signalThe fast trend is above the slow trend — short-term momentum is currently upward.
    50-Day Average$0.09Price below (-11.0%)Price below its 50-day average = near-term downtrend.
    200-Day Average$0.13Price belowThe 200-day line is the long-term trend divider — above it is generally considered a bull market for the stock.
    50 vs 200 CrossDeath50-day below 200-dayA "death cross" — the medium trend is below the long trend (often read as bearish).

    Technicals describe price, not the business. A great company can have a "bearish" tape (a buying chance) and a weak one a "bullish" tape (a trap). Pair these with the valuation and health sections above.

    QUALITY

    Data Quality & Risk Flags (3 notes — click to expand/collapse)
    Guardrail Notes (3)
    • FCF negative: revenue/margin growth model projects future cash flows from revenue trajectory.
    • Terminal growth (3%) capped to 1.6% (80% of near-term growth 2%).
    • Model implies no positive equity value under these assumptions. Valuation is speculative/low-confidence.
    FINANCIALS

    Financial Statements (5-year tables — click to expand)

    From T3 Defense Inc.'s SEC filings (EDGAR).

    Income (5yr)

    YearRevenueNet IncomeEPS
    202321.3M-11.8M$-1.21
    202221.5M—$0.00

    Cash Flow (5yr)

    YearOperating CFCapEx− SBC & adj.Free Cash Flow
    2024 -3.8M — — -3.8M
    2023 -1.2M — — -1.2M
    2022 1.6M — — 1.6M
    2021 -430,914 — — -430,914
    2020 -137,077 — — -137,077

    How we define FCF: operating cash flow − capital expenditure − stock-based compensation (owner-earnings basis — SBC is a real cost to shareholders even though it's non-cash). This is the same owner-earnings FCF definition the valuation model uses, though the DCF's starting value is a projected from revenue × terminal margin, not this single year.

    Balance Sheet

    Total Assets3.4M
    Total Liabilities9.5M
    Equity10.9M
    Total Debt1.6M
    PG
    Methodology by Pouyan Golshani, MD — founder of Gighz. Savng was built by a physician for busy professionals: every number on this page comes from SEC filings (EDGAR) and FINRA data through transparent, rules-based models — no analyst opinions, no hidden inputs. How we calculate every number →
    ⚠️ Not investment advice. Automated model outputs, last refreshed May 27, 2026 (the analysis-refresh date, not the latest filing period). All models have blind spots. Full disclaimer →
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