GRRR Stock Analysis: Gorilla Technology | NASDAQ
Software - Infrastructure | NASDAQ, USA | Market Cap: 485m USD | 12M Return: -12.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 31.1M
Qual. Beats: -1
Rev. Trend: 84.2%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.1 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
Gorilla Technology Group Inc. (NASDAQ: GRRR) is a London-headquartered technology company that delivers security, networking, business intelligence, and Internet of Things (IoT) solutions, with operations in Taiwan and the United Kingdom. Its business is organized into three reporting segments: Video IoT, Security Convergence, and Other, supporting customers across a wide range of use cases including building and office security, policing, railway, road, port, airport, retail, healthcare, education, and parking infrastructure. The company listed on NASDAQ on July 14, 2022, and is classified within the GICS Information Technology sector under the Application Software sub-industry, with a small-cap valuation of approximately $485 million USD.
As an application software and integrated solutions provider, Gorilla Technology operates at the intersection of physical security, video analytics, and IoT infrastructure-a segment often referred to as security convergence, where IT-based software platforms are layered onto traditional surveillance, access control, and operational systems. This business model typically combines hardware (cameras, sensors, networking equipment) with proprietary software and analytics, sold to both public-sector clients (such as transportation authorities and law enforcement) and private enterprises (such as retailers and healthcare operators), generating revenue through project-based deployments, licensing, and ongoing service contracts.
- Video IoT segment contract wins drive government surveillance revenue
- Security convergence demand grows on airport, railway and port infrastructure spending
- Capital allocation and share dilution risk persist as small cap scales UK and Taiwan operations
| Net Income: -43.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA 26.66 > 1.0 |
| NWC/Revenue: 123.8% < 20% (prev 89.98%; Δ 33.78% < -1%) |
| CFO/TA -0.04 > 3% & CFO -11.4m > Net Income -43.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (26.0m) vs 12m ago 33.51% < -2% |
| Gross Margin: 30.02% > 18% (prev 43.09%; Δ -13.07% > 0.5%) |
| Asset Turnover: 54.35% > 50% (prev 54.05%; Δ 0.30% > 0%) |
| Interest Coverage Ratio: -82.28 > 6 (EBIT TTM -42.2m / Interest Expense TTM 512k) |
| A: 0.54 (Total Current Assets 210.1m - Total Current Liabilities 72.3m) / Total Assets 253.9m |
| B: -0.77 (Retained Earnings -196.5m / Total Assets 253.9m) |
| C: -0.21 (EBIT TTM -42.2m / Avg Total Assets 204.8m) |
| D: 2.23 (Book Value of Equity 175.4m / Total Liabilities 78.5m) |
| Altman-Z'' = 2.00 = BBB |
| DSRI: 0.97 (Receivables 90.6m/70.3m, Revenue 111.3m/84.2m) |
| GMI: 1.44 (GM 43.09% / 30.02%) |
| AQI: 1.22 (AQ_t 0.11 / AQ_t-1 0.09) |
| SGI: 1.32 (Revenue 111.3m / 84.2m) |
| TATA: -0.13 (NI -43.7m - CFO -11.4m) / TA 253.9m) |
| Beneish M = -2.30 (Cap -4..+1) = BBB |
As of June 30, 2026, the stock is trading at USD 18.78 with a total of 2,184,660 shares traded. Over the past week, the price has changed by +5.68%, over one month by -1.47%, over three months by +83.42% and over the past year by -12.12%.
Current recommended Stop Loss: 14.60 (which is 22.3% or 2.6 ATR below the current price).
Gorilla Technology has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy GRRR.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 36.7 | 95.3% |
P/E Forward = 4.1118
P/S = 4.3582
P/B = 2.763
Revenue TTM = 111.3m USD
EBIT TTM = -42.2m USD
EBITDA TTM = -40.8m USD
Long Term Debt = 3.10m USD (from longTermDebt, last quarter)
Short Term Debt = 10.7m USD (from shortTermDebt, last quarter)
Debt = 17.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.97m
Net Debt = -86.3m USD (calculated: Debt 17.2m - CCE 103.5m)
Enterprise Value = 398.9m USD (485.2m + Debt 17.2m - CCE 103.5m)
Interest Coverage Ratio = -82.28 (Ebit TTM -42.2m / Interest Expense TTM 512k)
EV/FCF = -33.85x (Enterprise Value 398.9m / FCF TTM -11.8m)
FCF Yield = -2.95% (FCF TTM -11.8m / Enterprise Value 398.9m)
FCF Margin = -10.59% (FCF TTM -11.8m / Revenue TTM 111.3m)
Net Margin = -39.23% (Net Income TTM -43.7m / Revenue TTM 111.3m)
Gross Margin = 30.02% ((Revenue TTM 111.3m - Cost of Revenue TTM 77.9m) / Revenue TTM)
Gross Margin QoQ = 21.09% (prev 29.67%)
Tobins Q-Ratio = 1.57 (Enterprise Value 398.9m / Total Assets 253.9m)
Interest Expense / Debt = 2.98% (Interest Expense 512k / Debt 17.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -33.3m (EBIT -42.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.91 (Total Current Assets 210.1m / Total Current Liabilities 72.3m)
Debt / Equity = 0.10 (Debt 17.2m / totalStockholderEquity, last quarter 175.4m)
Debt / EBITDA = 2.12 (negative EBITDA) (Net Debt -86.3m / EBITDA -40.8m)
Debt / FCF = 7.33 (negative FCF - burning cash) (Net Debt -86.3m / FCF TTM -11.8m)
Total Stockholder Equity = 167.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -21.32% (Net Income -43.7m / Total Assets 253.9m)
RoE = -26.16% (Net Income TTM -43.7m / Total Stockholder Equity 167.0m)
RoCE = -24.79% (EBIT -42.2m / Capital Employed (Equity 167.0m + L.T.Debt 3.10m))
RoIC = -17.83% (negative operating profit) (NOPAT -33.3m / Invested Capital 186.8m)
WACC = 10.62% (E(485.2m)/V(502.4m) * Re(10.91%) + D(17.2m)/V(502.4m) * Rd(2.98%) * (1-Tc(0.21)))
Discount Rate = 10.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 65.70%
[DCF] Fair Price = unknown (Cash Flow -11.8m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.42 | # QB: -1
Revenue Correlation: 84.23 | Revenue CAGR: 50.82% | SUE: 1.49 | # QB: 2
EPS next Quarter (2026-09-30): EPS=0.59 | Chg30d=+145.83% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.61 | Chg30d=+85.06% | Revisions=+20% | GrowthEPS=+83.0% | GrowthRev=+90.1%
EPS next Year (2027-12-31): EPS=2.59 | Chg30d=+85.00% | Revisions=+20% | GrowthEPS=+60.9% | GrowthRev=+128.3%