GLGIOTCSpecial Industry Machinery, NECFiscal year ends May 31
GREYSTONE LOGISTICS, INC.
Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 15, 2026
$0.26+0.00 (+0.74%)
Close on Oct 19, 2026
- Market cap
- $7.09M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
-6.2%−23.9 pts over 5 years
Operating margin
-28.2%−37.8 pts over 5 years
Net margin
-29.9%−35.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -52.4% | -23.2% | -15.8% | +0.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -264.2% | 42.6% | -52.5% | |
| Return on assets | 9.0% | 8.0% | -19.8% | |
| Current ratio | 0.81 | 0.83 | 0.46 | |
| Debt to equity | 259.48 | 1.62 | 1.04 | |
| Net debt to EBITDA | 2.42× | 0.98× | -6.69× | |
| Interest coverage | – | – | – | |
| Inventory turnover | 22.5× | 13.9× | 9.5× | |
| Capex to revenue | 6.7% | 4.5% | 7.2% | |
| Diluted shares | 29M | 32M | 27M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Greystone Logistics generated $34.67M from operations and spent $28.41M on capital expenditure, dividends and share buybacks. 91% of that went back into the business.
Generated
$34.67M
Used
$28.41M
Capital expenditure$25.84M91%Dividends$1.84M6%Share buybacks$729.88K3%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-29.9%
×Asset turnover0.66×
×Equity multiplier2.65×
=Return on equity, FY2026-52.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -29.9% | 0.66× | 2.65× | -52.5% |
| FY2025 | 4.1% | 1.18× | 2.24× | 10.7% |
| FY2024 | 8.1% | 1.21× | 2.34× | 23.1% |
| FY2023 | 10.5% | 1.28× | 2.87× | 38.4% |
| FY2022 | 6.1% | 1.66× | 3.77× | 38.3% |
| FY2021 | 5.6% | 1.44× | 5.30× | 42.6% |
| FY2020 | 6.5% | 1.70× | 9.27× | 102.6% |
| FY2019 | 2.9% | 1.84× | 19.34× | 103.0% |
| FY2018 | 3.8% | 1.55× | 45.45× | 271.8% |
| FY2017 | 5.6% | 1.61× | -29.26× | -264.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$8.24M
- Cash generatingOperating cash flow above zero-$1.48M
- Return on assets improvedROA up on the prior year4.5% → -17.9%
- Earnings backed by cashOperating cash flow above net income-$1.48M vs -$8.24M
- Less leverageLong-term debt to assets fell19.2% → 0.0%
- Better liquidityCurrent ratio rose1.64 → 0.46
- No dilutionShare count did not rise29M → 27M
- Gross margin improvedGross margin up on the prior year17.37% → -6.23%
- More efficientAsset turnover rose1.11 → 0.60