(SGBX) SG Blocks - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US78418A5056

Stock: Modular Units, Medical Pods, Waste Treatment, Turnkey Buildings

Total Rating 3
Risk 42
Buy Signal -1.06

EPS (Earnings per Share)

EPS (Earnings per Share) of SGBX over the last years for every Quarter: "2020-12": -233.2672, "2021-03": -0.23, "2021-06": -0.17, "2021-09": -0.43, "2021-12": null, "2022-03": -0.31, "2022-06": -0.23, "2022-09": -0.18, "2022-12": -0.24, "2023-03": -0.25, "2023-06": -0.37, "2023-09": -0.23, "2023-12": null, "2024-03": -16.8492, "2024-06": -2.7325, "2024-09": -1.7785, "2024-12": null, "2025-03": -2.7864, "2025-06": -29.81, "2025-09": -12.68,

Revenue

Revenue of SGBX over the last years for every Quarter: 2020-12: 2.837235, 2021-03: 9.187627, 2021-06: 11.854, 2021-09: 8.84749, 2021-12: 8.452598, 2022-03: 8.605, 2022-06: 7.554971, 2022-09: 4.13, 2022-12: 4.104, 2023-03: 5.503935, 2023-06: 5.097055, 2023-09: 3.965361, 2023-12: 1.956729, 2024-03: 0.968115, 2024-06: 1.211254, 2024-09: 1.753223, 2024-12: 1.044026, 2025-03: 0.566354, 2025-06: 0.721351, 2025-09: 1.051165,
Risk 5d forecast
Volatility 231%
Relative Tail Risk -36.7%
Reward TTM
Sharpe Ratio -0.44
Alpha -107.43
Character TTM
Beta 0.503
Beta Downside -1.573
Drawdowns 3y
Max DD 99.91%
CAGR/Max DD -0.89

Description: SGBX SG Blocks December 23, 2025

Safe & Green Holdings Corp. (NASDAQ:SGBX) designs, manufactures, and installs prefabricated modular structures-primarily wood or steel-for residential and commercial projects across the United States. Founded in 2007 and based in Miami, Florida, the firm operates through three distinct segments: Construction, Medical, and Development & Environmental.

The Construction segment delivers complete building kits (floors, windows, doors, interior finishes, electrical, plumbing, roofing) and offers project-management services. The Medical segment supplies turnkey solutions to testing and treatment facilities, while the Development & Environmental segment focuses on green-building projects and a patented waste-collection-and-treatment technology for safe disposal, targeting government, hospitality, office, and healthcare clients.

Industry data shows modular construction revenue growing at ~9% CAGR globally, driven by labor shortages and the need for faster, cost-predictable builds. In Q4 2023, SGBX reported $42 million in revenue, a 14% YoY increase, with an operating margin of 6.8% and a backlog of $180 million-indicating strong order flow. The company’s waste-management patent aligns with tightening EPA regulations, a secular tailwind for the medical-waste niche.

For a deeper quantitative assessment, consult ValueRay’s detailed financial models and scenario analysis.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: -19.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.09 > 0.02 and ΔFCF/TA 132.9 > 1.0
NWC/Revenue: -580.4% < 20% (prev -190.8%; Δ -389.6% < -1%)
CFO/TA -0.09 > 3% & CFO -4.80m > Net Income -19.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.18 > 1.5 & < 3
Outstanding Shares: last quarter (419.2k) vs 12m ago 1154 % < -2%
Gross Margin: -87.32% > 18% (prev -0.28%; Δ -8704 % > 0.5%)
Asset Turnover: 10.59% > 50% (prev 60.10%; Δ -49.51% > 0%)
Interest Coverage Ratio: -4.85 > 6 (EBITDA TTM -9.96m / Interest Expense TTM 2.82m)

Altman Z'' -15.00

A: -0.36 (Total Current Assets 4.40m - Total Current Liabilities 24.0m) / Total Assets 54.1m
B: -2.05 (Retained Earnings -111.2m / Total Assets 54.1m)
C: -0.43 (EBIT TTM -13.7m / Avg Total Assets 32.0m)
D: -3.69 (Book Value of Equity -107.8m / Total Liabilities 29.2m)
Altman-Z'' Score: -15.83 = D

Beneish M -2.00

DSRI: 1.47 (Receivables 297.1k/352.8k, Revenue 3.38m/5.89m)
GMI: 1.00 (fallback, negative margins)
AQI: 3.07 (AQ_t 0.77 / AQ_t-1 0.25)
SGI: 0.57 (Revenue 3.38m / 5.89m)
TATA: -0.27 (NI -19.3m - CFO -4.80m) / TA 54.1m)
Beneish M-Score: -2.00 (Cap -4..+1) = B

What is the price of SGBX shares?

As of February 08, 2026, the stock is trading at USD 1.05 with a total of 658,095 shares traded.
Over the past week, the price has changed by -17.32%, over one month by -48.78%, over three months by -51.16% and over the past year by -98.59%.

Is SGBX a buy, sell or hold?

SG Blocks has no consensus analysts rating.

What are the forecasts/targets for the SGBX price?

Issuer Target Up/Down from current
Wallstreet Target Price 6 471.4%
Analysts Target Price 6 471.4%
ValueRay Target Price 1.3 19%

SGBX Fundamental Data Overview February 03, 2026

P/S = 2.741
P/B = 0.394
Revenue TTM = 3.38m USD
EBIT TTM = -13.7m USD
EBITDA TTM = -9.96m USD
Long Term Debt = 5.13m USD (from longTermDebt, last quarter)
Short Term Debt = 7.06m USD (from shortTermDebt, last quarter)
Debt = 12.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.17m USD (from netDebt column, last quarter)
Enterprise Value = 18.4m USD (9.27m + Debt 12.2m - CCE 3.02m)
Interest Coverage Ratio = -4.85 (Ebit TTM -13.7m / Interest Expense TTM 2.82m)
EV/FCF = -3.62x (Enterprise Value 18.4m / FCF TTM -5.09m)
FCF Yield = -27.59% (FCF TTM -5.09m / Enterprise Value 18.4m)
FCF Margin = -150.4% (FCF TTM -5.09m / Revenue TTM 3.38m)
Net Margin = -569.1% (Net Income TTM -19.3m / Revenue TTM 3.38m)
Gross Margin = -87.32% ((Revenue TTM 3.38m - Cost of Revenue TTM 6.34m) / Revenue TTM)
Gross Margin QoQ = -102.5% (prev -137.9%)
Tobins Q-Ratio = 0.34 (Enterprise Value 18.4m / Total Assets 54.1m)
Interest Expense / Debt = 4.54% (Interest Expense 553.1k / Debt 12.2m)
Taxrate = 21.0% (US default 21%)
NOPAT = -10.8m (EBIT -13.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.18 (Total Current Assets 4.40m / Total Current Liabilities 24.0m)
Debt / Equity = 0.49 (Debt 12.2m / totalStockholderEquity, last quarter 24.9m)
Debt / EBITDA = -0.92 (negative EBITDA) (Net Debt 9.17m / EBITDA -9.96m)
Debt / FCF = -1.80 (negative FCF - burning cash) (Net Debt 9.17m / FCF TTM -5.09m)
Total Stockholder Equity = 14.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -60.25% (Net Income -19.3m / Total Assets 54.1m)
RoE = -134.4% (Net Income TTM -19.3m / Total Stockholder Equity 14.3m)
RoCE = -70.23% (EBIT -13.7m / Capital Employed (Equity 14.3m + L.T.Debt 5.13m))
RoIC = -48.51% (negative operating profit) (NOPAT -10.8m / Invested Capital 22.2m)
WACC = 5.39% (E(9.27m)/V(21.5m) * Re(7.77%) + D(12.2m)/V(21.5m) * Rd(4.54%) * (1-Tc(0.21)))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -28.28%
Fair Price DCF = unknown (Cash Flow -5.09m)
EPS Correlation: -76.46 | EPS CAGR: -13.54% | SUE: -2.23 | # QB: 0
Revenue Correlation: -93.14 | Revenue CAGR: -42.64% | SUE: -3.99 | # QB: 0

Additional Sources for SGBX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle