Framework Journal · one stock, one dated entry

Recorded 2026-03-31 · Permanent

Deswell Industries Inc DSWL

Outside both standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Deswell Industries, Inc.

The label
Distribution

read at $3.58

Deswell Industries Inc holds its Distribution at $3.58.

PHINPOOPSC
  • PHPhase · the trend structure carries the Distribution label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-03-31
PhaseDistribution · caution
Quantitative stateThe statistical read favours the sellers, held for 8 days
Price$3.58
Valuation5.34 trailing · N/A forward price to earnings
Values screenFAIL · score 70.0
Beta0.59

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E5.3x
very cheap relative to earnings
Revenue growth-13.4%
revenue is shrinking
Profit margin17.3%
healthy profit margins
Return on equity10.0%
a modest return on shareholder capital
Current ratio5.25
comfortably covers its short-term bills
Beta0.59
steadier than the market
Market cap$57M
Employees794

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Macau and to currency swings.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in DSWL's space worth a look

LINK Interlink Electronics, Inc. CPSH CPS Technologies Corp DAIO Data I/O Corporation HOLO MicroCloud Hologram Inc WBX Wallbox N.V KULR KULR Technology Group Inc

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 9.8% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are up 48%. Our forward projection puts the odds of a 10% gain over the next month near 28%. Entered 2026-07-26 · Markup

The dated journal · newest first, never edited

2026-07-26 Markup $3.58 +9.8% Entry 4

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 9.8% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are up 48%. Our forward projection puts the odds of a 10% gain over the next month near 28%.

2026-07-18 Markup $3.26 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are up 48%. Our forward projection puts the odds of a 10% gain over the next month near 28%.

2026-07-03 Markup $3.26 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.

2026-07-02 Markup $3.26 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $3.37 -3.3% · $967 -3.3%
2 months $3.35 -2.7% · $973 -2.7%
3 months $3.27 -0.3% · $997 -0.3%
6 months $3.37 -3.3% · $967 -3.3%
1 year $2.20 +48.2% $0.20 $1,573 +57.3%
2 years $2.17 +50.0% $0.40 $1,684 +68.4%
3 years $2.21 +47.8% $0.60 $1,750 +75.0%
5 years $3.35 -2.6% $1.00 $1,273 +27.3%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever DSWL does next, these words stay.

Deswell Industries Inc · DSWL · Distribution · $3.58
Recorded 2026-03-31 · before the outcome · scored mechanically

All of today's entries See the running score

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