Chicago Rivet & Machine (CVR)
Market Price (9/21/2026): $10.25 | Market Cap: $9.9 MilSector: Consumer Discretionary | Industry: Household Appliances
Chicago Rivet & Machine (CVR)
Market Price (9/21/2026): $10.25Market Cap: $9.9 MilSector: Consumer DiscretionaryIndustry: Household Appliances
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Automation & Robotics. Themes include Industrial Fastening Automation. | Weak multi-year price returns2Y Excs Rtn is -74%, 3Y Excs Rtn is -111% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -2.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.5% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.7%, Rev Chg QQuarterly Revenue Change % is -0.8% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3.6%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.2% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -27% Key risksCVR key risks include [1] substantial doubt about its ability to continue as a going concern due to recurring operating losses and [2] an unremediated material weakness in its internal control over financial reporting. |
| Megatrend and thematic driversMegatrends include Automation & Robotics. Themes include Industrial Fastening Automation. |
| Weak multi-year price returns2Y Excs Rtn is -74%, 3Y Excs Rtn is -111% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -2.6 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.5% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.7%, Rev Chg QQuarterly Revenue Change % is -0.8% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3.6%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.2% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -27% |
| Key risksCVR key risks include [1] substantial doubt about its ability to continue as a going concern due to recurring operating losses and [2] an unremediated material weakness in its internal control over financial reporting. |
Qualitative Assessment
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Chicago Rivet & Machine (CVR) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Strategic Rebranding Initiative Signaled Future Growth.
On July 10, 2026, Chicago Rivet & Machine Co. launched a comprehensive rebranding initiative, including a modernized logo and new corporate identity, shifting its market positioning to emphasize engineered joining solutions. This strategic move, reflected in the new tagline "Join with US," aims to align the company's external image with its evolving capabilities as a provider of comprehensive joining systems. The market reacted positively to this announcement, with CVR stock gaining 4.52% on July 10, 2026, signaling investor confidence in the company's forward-looking vision and potential for growth in industrial manufacturing.
2. Expansion into the Medical Industry Opened New Revenue Streams.
Chicago Rivet & Machine Co. announced a new fastener application in the medical industry, securing a contract to manufacture three distinct stainless fasteners for ligating clip appliers used in cardiovascular surgery. This diversification into the medical device sector, an FDA class 1 device, highlights the company's ability to adapt its core manufacturing expertise to high-growth, specialized markets beyond its traditional automotive, HVAC, and electronics customer base. This strategic expansion is a significant positive driver for future revenue and market positioning.
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Chicago Rivet & Machine (CVR) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Strategic Rebranding Initiative Signaled Future Growth.
On July 10, 2026, Chicago Rivet & Machine Co. launched a comprehensive rebranding initiative, including a modernized logo and new corporate identity, shifting its market positioning to emphasize engineered joining solutions. This strategic move, reflected in the new tagline "Join with US," aims to align the company's external image with its evolving capabilities as a provider of comprehensive joining systems. The market reacted positively to this announcement, with CVR stock gaining 4.52% on July 10, 2026, signaling investor confidence in the company's forward-looking vision and potential for growth in industrial manufacturing.
2. Expansion into the Medical Industry Opened New Revenue Streams.
Chicago Rivet & Machine Co. announced a new fastener application in the medical industry, securing a contract to manufacture three distinct stainless fasteners for ligating clip appliers used in cardiovascular surgery. This diversification into the medical device sector, an FDA class 1 device, highlights the company's ability to adapt its core manufacturing expertise to high-growth, specialized markets beyond its traditional automotive, HVAC, and electronics customer base. This strategic expansion is a significant positive driver for future revenue and market positioning.
3. Market Reaction to Q2 Fiscal Year 2026 Earnings Showed Underlying Optimism.
Despite reporting a net loss of $989,528, or ($1.02) per common share, for the second fiscal quarter ended June 30, 2026—a wider loss compared to ($0.41) per share in the prior year—Chicago Rivet & Machine Co.'s stock experienced a 2.22% gain on August 7, 2026, the day after the earnings announcement. This suggests that investors may have anticipated worse results or found positive signals in other aspects of the report or forward-looking statements, overriding the negative financial figures for the quarter.
4. Enhanced Operational Efficiencies Improved Cost Structure.
The company announced successful implementation of numerous header and secondary operation efficiencies at its Tyrone, Pennsylvania facility for cold-formed fastener products. These improvements are designed to reduce costs and enhance competitiveness by offering time and money savings to clients. Such operational enhancements contribute to a more robust and efficient manufacturing process, positively influencing investor sentiment regarding the company's long-term profitability and operational strength.
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Stock Movement Drivers
Fundamental Drivers
The 9.2% change in CVR stock from 5/31/2026 to 9/20/2026 was primarily driven by a 9.4% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.62 | 10.51 | 9.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 27 | 27 | -0.2% |
| P/S Multiple | 0.3 | 0.4 | 9.4% |
| Shares Outstanding (Mil) | 1 | 1 | 0.0% |
| Cumulative Contribution | 9.2% |
Market Drivers
5/31/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| CVR | 9.2% | |
| Market (SPY) | 0.9% | -2.8% |
| Sector (XLY) | -8.1% | -3.9% |
Fundamental Drivers
The -22.0% change in CVR stock from 2/28/2026 to 9/20/2026 was primarily driven by a -26.0% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.47 | 10.51 | -22.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 26 | 27 | 5.5% |
| P/S Multiple | 0.5 | 0.4 | -26.0% |
| Shares Outstanding (Mil) | 1 | 1 | 0.0% |
| Cumulative Contribution | -22.0% |
Market Drivers
2/28/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| CVR | -22.0% | |
| Market (SPY) | 11.6% | 19.6% |
| Sector (XLY) | -4.8% | 16.6% |
Fundamental Drivers
The 8.7% change in CVR stock from 8/31/2025 to 9/20/2026 was primarily driven by a 7.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.67 | 10.51 | 8.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 26 | 27 | 7.1% |
| P/S Multiple | 0.4 | 0.4 | 1.5% |
| Shares Outstanding (Mil) | 1 | 1 | 0.0% |
| Cumulative Contribution | 8.7% |
Market Drivers
8/31/2025 to 9/20/2026| Return | Correlation | |
|---|---|---|
| CVR | 8.7% | |
| Market (SPY) | 19.4% | 17.1% |
| Sector (XLY) | -3.6% | 14.4% |
Fundamental Drivers
The -40.9% change in CVR stock from 8/31/2023 to 9/20/2026 was primarily driven by a -30.6% change in the company's P/S Multiple.| (LTM values as of) | 8312023 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.78 | 10.51 | -40.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 32 | 27 | -14.8% |
| P/S Multiple | 0.5 | 0.4 | -30.6% |
| Shares Outstanding (Mil) | 1 | 1 | 0.0% |
| Cumulative Contribution | -40.9% |
Market Drivers
8/31/2023 to 9/20/2026| Return | Correlation | |
|---|---|---|
| CVR | -40.9% | |
| Market (SPY) | 75.6% | 16.8% |
| Sector (XLY) | 33.0% | 12.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CVR Return | 19% | 13% | -39% | -5% | -11% | -26% | -49% |
| Peers Return | 18% | -27% | 63% | 5% | 10% | 43% | 131% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| CVR Win Rate | 67% | 42% | 50% | 42% | 42% | 44% | |
| Peers Win Rate | 52% | 40% | 53% | 37% | 52% | 58% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| CVR Max Drawdown | -18% | -14% | -48% | -25% | -47% | -35% | |
| Peers Max Drawdown | -38% | -56% | -36% | -41% | -44% | -29% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GHM, MTW, HY, TITN, ARTW. See CVR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
| Event | CVR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -40.8% | -18.8% |
| % Gain to Breakeven | 68.8% | 23.1% |
| Time to Breakeven | 262 days | 79 days |
| 2020 COVID-19 Crash | ||
| % Loss | -27.3% | -33.7% |
| % Gain to Breakeven | 37.6% | 50.9% |
| Time to Breakeven | 311 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -14.4% | -12.2% |
| % Gain to Breakeven | 16.8% | 13.9% |
| Time to Breakeven | 150 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -31.0% | -6.8% |
| % Gain to Breakeven | 44.9% | 7.3% |
| Time to Breakeven | 332 days | 15 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -12.5% | -15.4% |
| % Gain to Breakeven | 14.3% | 18.2% |
| Time to Breakeven | 38 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -46.6% | -53.4% |
| % Gain to Breakeven | 87.2% | 114.4% |
| Time to Breakeven | 611 days | 1085 days |
In The Past
Chicago Rivet & Machine's stock fell -40.8% during the 2025 US Tariff Shock. Such a loss loss requires a 68.8% gain to breakeven.
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Asset Allocation
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| Event | CVR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -40.8% | -18.8% |
| % Gain to Breakeven | 68.8% | 23.1% |
| Time to Breakeven | 262 days | 79 days |
| 2020 COVID-19 Crash | ||
| % Loss | -27.3% | -33.7% |
| % Gain to Breakeven | 37.6% | 50.9% |
| Time to Breakeven | 311 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -31.0% | -6.8% |
| % Gain to Breakeven | 44.9% | 7.3% |
| Time to Breakeven | 332 days | 15 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -46.6% | -53.4% |
| % Gain to Breakeven | 87.2% | 114.4% |
| Time to Breakeven | 611 days | 1085 days |
In The Past
Chicago Rivet & Machine's stock fell -40.8% during the 2025 US Tariff Shock. Such a loss loss requires a 68.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Chicago Rivet & Machine (CVR)
Chicago Rivet & Machine Co. (CVR) is a North American manufacturer specializing in the fastener industry. The company provides comprehensive solutions for mechanical fastening, encompassing both the production of the fastening components and the specialized machinery required for their application.
CVR's business is organized into two main segments. The Fasteners segment manufactures and sells a variety of critical components, including rivets, cold-formed fasteners and parts, and screw machine products. The second segment, Assembly Equipment, produces automatic rivet setting machines and other essential assembly equipment, alongside the necessary parts and tools to maintain and operate these machines.
The company primarily serves the automotive sector, selling its specialized fastening products and equipment to automobile and automotive component manufacturers. CVR utilizes independent sales representatives as its primary channel to distribute its offerings and reach its target customer base within this industry.
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Here are a few analogies to describe Chicago Rivet & Machine (CVR):
- A specialized industrial equipment and component supplier for the automotive sector, much like a niche version of Illinois Tool Works (ITW) focused purely on riveting.
- The Snap-on Tools for industrial riveting in the automotive industry, providing both specialized machines and the rivets they use.
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- Rivets: Small mechanical fasteners used to join materials together.
- Cold-formed fasteners and parts: Fasteners and components manufactured by shaping metal without heat.
- Screw machine products: Precision metal parts produced on automatic screw machines.
- Automatic Rivet Setting Machines: Equipment designed to automatically install rivets.
- Assembly Equipment: Machinery used for various manufacturing assembly tasks.
- Parts and Tools for Machines: Components and implements specifically for their rivet setting and assembly machines.
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Chicago Rivet & Machine (CVR) sells its products primarily to other companies.
Based on the company's public descriptions and SEC filings, its major customers are automobile and automotive component manufacturers. While the company indicates that its largest customers account for significant portions of its net sales, the specific names of these major customer companies are not publicly disclosed in its financial reports.
Therefore, the major customers can be categorized as:
- Automobile Manufacturers
- Automotive Component Manufacturers
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Gregory D. Rizzo Chief Executive Officer, Director
As CEO, Mr. Rizzo is responsible for the overall strategic direction, leadership, and management of Chicago Rivet & Machine Co. He steers the organization towards its mission and vision, ensuring operational efficiency, market competitiveness, and sustained growth. His role as a Director indicates his involvement in the governance of the company, providing oversight and strategic guidance at the highest level.
Joel M. Brown Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer
In his critical leadership role, Mr. Brown is responsible for the financial health and strategic financial planning of Chicago Rivet & Machine Co. He oversees all aspects of finance, including accounting, budgeting, financial reporting, treasury, and capital management. His expertise is vital in ensuring the company's financial stability, driving profitability, and making informed investment decisions.
Michael J. Bourg President, Chief Operating Officer, Treasurer, and Director
Mr. Bourg brings a wealth of experience in driving efficiency, innovation, and profitable growth to Chicago Rivet & Machine Co. His leadership is characterized by a strategic approach to operational excellence, ensuring the company maintains its competitive edge in the market.
James T. Tanner Senior Vice President of Sales & Marketing
Mr. Tanner is responsible for overseeing and driving Chicago Rivet & Machine Co.'s sales and marketing initiatives. He plays a crucial role in developing and implementing strategies to enhance brand visibility, expand market reach, and achieve ambitious sales targets.
Dr. Walter W. Morrissey Jr. Chairman
Dr. Morrissey provides the overarching strategic vision and direction that guides Chicago Rivet & Machine Co.'s operations and future growth. He brings a profound understanding of the manufacturing sector, coupled with extensive experience in business leadership and corporate strategy. Under his guidance, the company has navigated market challenges and capitalized on opportunities, solidifying its position as an industry leader.
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The key risks for Chicago Rivet & Machine Co. (CVR) are primarily linked to its significant exposure to the North American automotive industry, compounded by broader macroeconomic pressures and concerns regarding its financial stability.
- High Dependency on the North American Automotive Industry: Chicago Rivet & Machine Co. relies heavily on the North American automotive industry as its principal market, making it highly susceptible to the cyclical nature and volatility of this sector. This dependency exposes the company to risks such as production slowdowns and fluctuating customer demand, which have already led to declines in fastener sales to automotive customers.
- Macroeconomic Headwinds and Supply Chain Vulnerabilities: The company faces ongoing challenges from macroeconomic factors including inflation, elevated input costs, and persistent supply chain complexities affecting the sourcing and pricing of raw materials. These broader industry headwinds, particularly component shortages and rising energy costs within the automotive sector, directly impact CVR's operational expenses and its ability to maintain consistent production and supply.
- Liquidity and Financial Stability Concerns: Despite recent operational improvements and a return to profitability in specific quarters, Chicago Rivet & Machine Co. has experienced recurring losses and a significant decrease in its cash position, raising concerns about its long-term financial viability. The company's liquidity challenges persist, potentially affecting its ability to fund operations, manage debt, or invest in necessary adaptations to market changes.
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The clear emerging threat for Chicago Rivet & Machine (CVR) is the accelerating adoption of advanced joining technologies, such as industrial adhesives and specialized welding, particularly within the automotive industry. These alternative methods are increasingly favored for lightweighting, improved performance, and the assembly of new materials in electric vehicles and next-generation designs. This trend could reduce the demand for traditional mechanical fasteners like rivets and cold-formed fasteners, as well as the specialized assembly equipment CVR manufactures to set them.
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The addressable markets for Chicago Rivet & Machine Co.'s (CVR) main products and services in North America are substantial, primarily driven by the automotive and broader manufacturing and construction sectors.
Fasteners Segment (Rivets, Cold-Formed Fasteners and Parts, Screw Machine Products)
- The North America industrial fasteners market was valued at approximately USD 27,776.88 million in 2024 and is projected to reach about USD 41,811.40 million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.88% during the forecast period.
- Another estimate places the North America industrial fasteners market revenue at USD 24,388.4 million in 2025, with a projected growth to US$ 32,554.0 million by 2033 at a CAGR of 3.7% from 2026.
- The North America automotive fasteners market was valued at USD 7.48 billion, driven by increasing demand for vehicles, including electric and hybrid models, and growth in automotive production.
- For cold-formed parts, the North America cold forming and cold heading market was valued at US$ 3,706.83 million in 2022 and is projected to reach US$ 5,138.49 million by 2028, growing at a CAGR of 5.6%. Additionally, the North America cold-formed steel market generated USD 4,641.4 million in 2025 and is expected to reach US$ 7310.3 million by 2033, with a CAGR of 6.2% from 2026.
- Within the global blind rivet market, North America accounts for approximately 25% of the market share, which was estimated to be USD 4.5 billion in 2023. The North American rivets market is characterized by steady growth through 2035, supported by aerospace, defense, and specialized automotive applications.
Assembly Equipment Segment (Automatic Rivet Setting Machines and Assembly Equipment)
- The North America riveting machine market was valued at USD 189.15 million in 2024 and is anticipated to reach USD 288.25 million by 2032, expanding at a CAGR of 5.5% during the forecast period.
- North America leads the global automatic riveting machine market, contributing over 35% of the global revenue in 2022. The global market for automatic riveting machines is projected to grow at a CAGR of 5.90% from 2023 to 2030.
- The North America riveting tools market is also significant, with North America commanding approximately 28% of the global market, which was valued at USD 245.92 million in 2023 and is expected to reach around USD 381.91 million by 2033.
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Chicago Rivet & Machine Co. (CVR) is expected to drive future revenue growth over the next two to three years through several key strategies:
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Expansion into Non-Automotive Markets and Broader Market Reach: The company is actively pursuing opportunities to diversify its customer base by "expanding the market reach, especially in non-automotive fastener sales." This strategic focus is aimed at generating new revenue streams beyond its traditional reliance on automobile and automotive component manufacturers.
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Growth through Highly-Engineered, Application-Specific Fasteners and Integrated Fastening Solutions: Chicago Rivet & Machine's core business centers on "selling highly-engineered, application-specific rivets and fasteners" and manufacturing the "specialized automatic machinery used to install them." The company further supports this by providing "expert engineering services to assist customers in selecting the most appropriate rivet and fastening system," alongside "Prototype Development and Testing" and "Tooling and Fixturing Design." This integrated approach and offering of comprehensive, value-added solutions are crucial for attracting and retaining customers.
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Strategic Sales Initiatives and Enhanced Customer Engagement: The company's sales leadership is dedicated to "shaping and executing the company's sales strategies, driving revenue growth, and expanding market share." This includes a focus on "understanding customer needs, delivering value-added solutions, and ensuring exceptional customer service" to strengthen existing client relationships and secure new business.
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Leveraging Operational Efficiencies for Competitive Advantage: A "major cost-saving and efficiency move" involved the "closure of Albia, Iowa facility and consolidation to Tyrone, Pennsylvania," streamlining manufacturing operations. While primarily an internal operational improvement, these efficiencies can enhance the company's competitive positioning, potentially allowing for more aggressive pricing or increased investment in growth initiatives, thereby indirectly supporting revenue expansion.
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Inbound Investments
- Galloway Capital Partners, Galloway Capital, LP, and Bruce Galloway acquired beneficial ownership of 62,300 shares of Chicago Rivet & Machine Co.'s common stock between June 2024 and December 2025 through open-market purchases.
- The aggregate purchase price for these shares was approximately $11.66 per share, totaling around $714,958.
- This investment by Galloway Capital Partners represents about 6.45% of the company's common stock as of December 26, 2025.
Capital Expenditures
- In 2023, total capital expenditures amounted to $1,078,367, primarily allocated to fastener segment activities, including $696,557 for cold heading and screw machine equipment and $299,502 for secondary operations and inspection equipment.
- Capital expenditures in 2022 totaled $969,943, with the majority, $868,654, directed towards the fastener segment for items such as cold heading and screw machine equipment, equipment for secondary operations and inspection, and general plant equipment.
- Additionally, in both 2022 and 2023, investments were made for building improvements and IT equipment that benefited both the fastener and assembly equipment segments.
Peer Outperformance in Household Appliances
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services | 14 | -17.9% | 77.7% | 73.5% | LINC 317% · PRDO 233% · CVSA 232% |
| Homebuilding | 18 | -12.1% | 31.0% | 49.1% | GRBK 198% · PHM 161% · TOL 134% |
| Specialty Stores | 7 | 2.1% | 42.3% | 10.5% | SIG 35% · FIVE 26% · ASO 18% |
| Home Improvement Retail | 5 | -25.9% | -3.0% | 1.9% | HVT 14% · LOW 3% · HD 2% |
| Hotels, Resorts & Cruise Lines | 22 | 11.4% | 46.9% | 1.2% | RCL 207% · MAR 149% · HLT 143% |
| Automotive Retail | 18 | -20.6% | -2.8% | 0.9% | MUSA 237% · PAG 149% · ORLY 109% |
| Distributors | 4 | -12.0% | -25.6% | -11.8% | ARMK 162% · GPC 22% · LKQ -46% |
| Home Furnishings | 4 | -6.3% | 21.5% | -13.8% | SGI 38% · LZB 2% · MHK -30% |
| Specialized Consumer Services | 10 | -16.9% | 17.6% | -18.3% | HRB 109% · FTDR 76% · SCI 39% |
| Footwear | 9 | 52.2% | 45.9% | -19.8% | WEYS 161% · SHOO 16% · DECK 11% |
| Restaurants | 35 | -15.0% | -17.9% | -20.2% | EAT 308% · CAKE 151% · RAVE 146% |
| Leisure Products | 13 | -24.9% | -21.7% | -34.7% | GOLF 74% · HAS 15% · MCFT -17% |
| Leisure Facilities | 11 | -0.2% | 0.1% | -37.1% | OSW 130% · JAKK 121% · ESCA 29% |
| Apparel, Accessories & Luxury Goods | 27 | -13.2% | 2.9% | -37.2% | TPR 240% · RL 236% · ELA 204% |
| Automotive Parts & Equipment | 38 | -15.3% | -15.4% | -40.0% | MOD 1623% · GTX 304% · STRT 87% |
| Casinos & Gaming | 20 | -13.6% | -28.3% | -41.9% | MCRI 114% · RRR 37% · BYD 27% |
| Household Appliances ← | 18 | -7.0% | 12.7% | -43.4% | FLXS 170% · KEQU 159% · HBB 132% |
| Apparel Retail | 25 | -8.9% | 10.2% | -44.4% | ANF 260% · URBN 134% · ROST 110% |
| Computer & Electronics Retail | 3 | -13.2% | 33.0% | -52.3% | BBY 10% · GME -52% · UPBD -63% |
| Broadline Retail | 15 | -1.2% | 14.3% | -56.8% | DDS 310% · EBAY 69% · AMZN 52% |
| Automobile Manufacturers | 8 | -78.7% | -51.2% | -71.9% | GM 74% · TSLA 48% · F 41% |
| Consumer Electronics | 11 | -14.1% | -17.2% | -75.4% | AXIL 2829% · GRMN 83% · MSN -57% |
| Other Specialty Retail | 18 | -37.2% | -46.6% | -78.4% | TLF 114% · BBW 72% · WINA 57% |
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 23.04 |
| Mkt Cap | 0.6 |
| Rev LTM | 1,283 |
| Op Inc LTM | -1 |
| FCF LTM | 7 |
| FCF 3Y Avg | 5 |
| CFO LTM | 34 |
| CFO 3Y Avg | 37 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.0% |
| Rev Chg 3Y Avg | -2.4% |
| Rev Chg Q | 4.7% |
| QoQ Delta Rev Chg LTM | 1.1% |
| Op Inc Chg LTM | 14.3% |
| Op Inc Chg 3Y Avg | 9.1% |
| Op Mgn LTM | 0.6% |
| Op Mgn 3Y Avg | 2.6% |
| QoQ Delta Op Mgn LTM | -0.7% |
| CFO/Rev LTM | 2.2% |
| CFO/Rev 3Y Avg | 3.3% |
| FCF/Rev LTM | -1.0% |
| FCF/Rev 3Y Avg | 1.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.6 |
| P/S | 0.4 |
| P/Op Inc | 3.2 |
| P/EBIT | 3.8 |
| P/E | -4.6 |
| P/CFO | 7.5 |
| Total Yield | -5.3% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.7% |
| D/E | 0.5 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 5.2% |
| 3M Rtn | 4.6% |
| 6M Rtn | 31.8% |
| 12M Rtn | 23.1% |
| 3Y Rtn | 12.9% |
| 1M Excs Rtn | 6.5% |
| 3M Excs Rtn | 2.6% |
| 6M Excs Rtn | 15.4% |
| 12M Excs Rtn | 7.0% |
| 3Y Excs Rtn | -62.5% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fastener | 24 | 23 | 28 | 30 | 30 |
| Assembly Equipment | 4 | 4 | 3 | 3 | 4 |
| Other | 0 | 0 | 0 | ||
| Intercompany Sales | -0 | -0 | |||
| Total | 28 | 27 | 32 | 34 | 34 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assembly Equipment | 2 | 1 | 1 | 0 | 1 |
| Fastener | 0 | -2 | -4 | 1 | 2 |
| Other | -3 | -4 | 0 | 3 | -2 |
| Selling and administrative expenses | -3 | ||||
| Total | -1 | -5 | -6 | 4 | 1 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fastener | 16 | 17 | 19 | 22 | 22 |
| Other | 4 | 3 | 5 | 9 | 6 |
| Assembly Equipment | 3 | 3 | 3 | 3 | 3 |
| Total | 23 | 23 | 28 | 34 | 32 |
Price Behavior
| Market Price | $10.51 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 02/28/1992 | |
| Distance from 52W High | -28.2% | |
| 50 Days | 200 Days | |
| DMA Price | $10.37 | $11.60 |
| DMA Trend | up | indeterminate |
| Distance from DMA | 1.3% | -9.4% |
| 3M | 1YR | |
| Volatility | 40.0% | 56.8% |
| Downside Capture | 72.58 | 125.18 |
| Upside Capture | 31.42 | 99.53 |
| Correlation (SPY) | 3.7% | 17.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.59 | -0.39 | -0.15 | 0.74 | 0.73 | 0.56 |
| Up Beta | -2.04 | -1.98 | -1.73 | 0.45 | -0.31 | 0.22 |
| Down Beta | -0.17 | -0.03 | -1.08 | 0.30 | 0.42 | 0.80 |
| Up Capture | 19% | 18% | 95% | 54% | 120% | 18% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 8 | 16 | 29 | 60 | 116 | 310 |
| Down Capture | 14% | 13% | 62% | 136% | 120% | 94% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 9 | 21 | 28 | 54 | 114 | 337 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CVR | |
|---|---|---|---|---|
| CVR | 5.4% | 57.9% | 0.32 | - |
| Sector ETF (XLY) | -7.6% | 19.5% | -0.53 | 15.0% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 17.4% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | 18.0% |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | 4.8% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | -1.5% |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | 11.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CVR | |
|---|---|---|---|---|
| CVR | -10.6% | 48.2% | -0.12 | - |
| Sector ETF (XLY) | 4.8% | 24.1% | 0.16 | 13.7% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 16.2% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 10.2% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | 6.9% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 5.8% |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | 11.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CVR | |
|---|---|---|---|---|
| CVR | -4.3% | 42.5% | 0.03 | - |
| Sector ETF (XLY) | 11.8% | 22.2% | 0.49 | 11.8% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 13.2% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 8.7% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 5.6% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 8.1% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | 7.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 03/24/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/28/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 03/29/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 03/24/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/28/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 03/29/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 03/21/2022 | 10-K |
| 09/30/2021 | 11/09/2021 | 10-Q |
| 06/30/2021 | 08/11/2021 | 10-Q |
| 03/31/2021 | 05/07/2021 | 10-Q |
| 12/31/2020 | 03/19/2021 | 10-K |
| 09/30/2020 | 11/06/2020 | 10-Q |
| 06/30/2020 | 08/07/2020 | 10-Q |
| 03/31/2020 | 05/08/2020 | 10-Q |
| 12/31/2019 | 03/20/2020 | 10-K |
| 09/30/2019 | 11/08/2019 | 10-Q |
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Household Appliances Resources |
| Twice |
| Appliance Retailer |
| Consumer Reports - Appliances |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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