(AIOT) PowerFleet - NASDAQ
Sector: Technology | Industry: Software - Infrastructure | Exchange: NASDAQ (USA) | Market Cap: 566m USD | Total Return: -12.2% in 12m
Avg Turnover: 7.38M
Qual. Beats: 0
Rev. Trend: 95.5%
Qual. Beats: 0
Warnings
Share dilution 24.3% YoY
Interest Coverage Ratio 0.5 is critical
Altman Z'' 0.52 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
PowerFleet, Inc. (AIOT) provides artificial intelligence-of-things (AIoT) solutions globally, operating across North America, Israel, Africa, and Europe. The company’s core offering is its Unity platform, a data integration engine that combines AIoT device data with third-party business systems to generate actionable insights. Its SaaS-based modules focus on vehicle telematics, video monitoring, and in-warehouse logistics to optimize asset utilization, safety, and regulatory compliance.
The company operates within the fleet management and telematics sector, a market characterized by a shift toward high-margin recurring revenue models. PowerFleet utilizes a multi-brand strategy, marketing products under names such as Pointer, Cellocator, and MiX by Powerfleet to serve diverse industries including construction, government, and cold chain logistics. Future valuation may depend on the companys ability to scale its open API ecosystem and maintain high retention rates among its enterprise-level clients.
To better understand the companys financial health and intrinsic value, you can explore the detailed metrics available on ValueRay. PowerFleet was founded in 1993 and is currently headquartered in Woodcliff Lake, New Jersey.
- MiX Telematics merger synergies accelerate high-margin SaaS recurring revenue growth
- Global AIoT platform expansion drives enterprise fleet management software adoption
- Geopolitical instability in Israel creates operational risks for key R&D centers
- Supply chain logistics demand influences hardware sales and sensor deployment volume
- Scaling data highway integration enhances competitive moats through predictive AI insights
| Net Income: -32.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 6.25 > 1.0 |
| NWC/Revenue: 3.46% < 20% (prev 30.99%; Δ -27.54% < -1%) |
| CFO/TA 0.04 > 3% & CFO 34.0m > Net Income -32.2m |
| Net Debt (271.3m) to EBITDA (74.1m): 3.66 < 3 |
| Current Ratio: 1.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (133.6m) vs 12m ago 24.27% < -2% |
| Gross Margin: 55.21% > 18% (prev 51.49%; Δ 3.72% > 0.5%) |
| Asset Turnover: 51.03% > 50% (prev 35.02%; Δ 16.01% > 0%) |
| Interest Coverage Ratio: 0.47 > 6 (EBIT TTM 12.8m / Interest Expense TTM 27.4m) |
| A: 0.02 (Total Current Assets 175.1m - Total Current Liabilities 160.0m) / Total Assets 959.5m |
| B: -0.23 (Retained Earnings -223.7m / Total Assets 959.5m) |
| C: 0.01 (EBIT TTM 12.8m / Avg Total Assets 853.9m) |
| D: 1.02 (Book Value of Equity 485.0m / Total Liabilities 474.3m) |
| Altman-Z'' = 0.52 = B |
| DSRI: 0.74 (Receivables 92.2m/74.5m, Revenue 435.7m/262.0m) |
| GMI: 0.93 (GM 51.49% / 55.21%) |
| AQI: 1.13 (AQ_t 0.74 / AQ_t-1 0.66) |
| SGI: 1.66 (Revenue 435.7m / 262.0m) |
| TATA: -0.07 (NI -32.2m - CFO 34.0m) / TA 959.5m) |
| Beneish M = -2.75 (Cap -4..+1) = A |
As of June 19, 2026, the stock is trading at USD 3.98 with a total of 2,538,577 shares traded.
Over the past week, the price has changed by +6.51%,
over one month by +26.23%,
over three months by +33.66% and
over the past year by -12.23%.
PowerFleet has received a consensus analysts rating of 4.57. Therefore, it is recommended to buy AIOT.
- StrongBuy: 4
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 10.3 | 159.5% |
P/E Forward = 357.1429
P/S = 1.3076
P/B = 1.1699
P/EG = 0.7606
Revenue TTM = 435.7m USD
EBIT TTM = 12.8m USD
EBITDA TTM = 74.1m USD
Long Term Debt = 231.2m USD (from longTermDebt, last quarter)
Short Term Debt = 50.5m USD (from shortTermDebt, last quarter)
Debt = 302.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 12.5m
Net Debt = 271.3m USD (calculated: Debt 302.5m - CCE 31.2m)
Enterprise Value = 837.4m USD (566.1m + Debt 302.5m - CCE 31.2m)
Interest Coverage Ratio = 0.47 (Ebit TTM 12.8m / Interest Expense TTM 27.4m)
EV/FCF = 605.5x (Enterprise Value 837.4m / FCF TTM 1.38m)
FCF Yield = 0.17% (FCF TTM 1.38m / Enterprise Value 837.4m)
FCF Margin = 0.32% (FCF TTM 1.38m / Revenue TTM 435.7m)
Net Margin = -7.40% (Net Income TTM -32.2m / Revenue TTM 435.7m)
Gross Margin = 55.21% ((Revenue TTM 435.7m - Cost of Revenue TTM 195.2m) / Revenue TTM)
Gross Margin QoQ = 55.24% (prev 56.04%)
Tobins Q-Ratio = 0.87 (Enterprise Value 837.4m / Total Assets 959.5m)
Interest Expense / Debt = 9.06% (Interest Expense 27.4m / Debt 302.5m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 10.1m (EBIT 12.8m * (1 - 21.00%))
Current Ratio = 1.09 (Total Current Assets 175.1m / Total Current Liabilities 160.0m)
Debt / Equity = 0.62 (Debt 302.5m / totalStockholderEquity, last quarter 485.0m)
Debt / EBITDA = 3.66 (Net Debt 271.3m / EBITDA 74.1m)
Debt / FCF = 196.1 (Net Debt 271.3m / FCF TTM 1.38m)
Total Stockholder Equity = 464.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.78% (Net Income -32.2m / Total Assets 959.5m)
RoE = -6.94% (Net Income TTM -32.2m / Total Stockholder Equity 464.7m)
RoCE = 1.83% (EBIT 12.8m / Capital Employed (Equity 464.7m + L.T.Debt 231.2m))
RoIC = 1.22% (NOPAT 10.1m / Invested Capital 828.1m)
WACC = 10.41% (E(566.1m)/V(868.6m) * Re(12.15%) + D(302.5m)/V(868.6m) * Rd(9.06%) * (1-Tc(0.21)))
Discount Rate = 12.15% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.90 | Cagr: 10.40%
[DCF] Terminal Value 68.56% ; FCFF base≈1.38m ; Y1≈1.39m ; Y5≈1.47m
[DCF] Fair Price = N/A (negative equity: EV 16.9m - Net Debt 271.3m = -254.3m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.11 | # QB: 0
Revenue Correlation: 95.48 | Revenue CAGR: 44.50% | SUE: 0.68 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.04 | Chg30d=-40.00% | Revisions=-14% | Analysts=4
[Analyst] Revisions Ratio: -14%