IRM
Some scores are at the bottom of their range
This score sits at the bottom of the 0–100 range. The underlying calculation was negative, so the displayed value is a floor, not a measurement of zero.
- Tactical Score: displayed 0, underlying value -41.7
Daily closes · 1Y (252 sessions) · +35.0% · range 78.86–133.06
The Businesswhat the company reports
Business & cash flow
| FCF / assets | -4.4% |
|---|---|
| OCF / assets | 6.3% |
| FCF / revenue | 19.4% |
| Gross margin | 54.2% |
| ROIC | 5.7% |
| Forward P/E | 45.5 |
FCF/assets and OCF/assets are the cash-flow measures Brown Bear's own testing found to survive; FCF/revenue is shown alongside for context. Assets are from the latest annual filing (FY2025).
Price vs Earnings growth
Forward EPS growth has outpaced trailing price return by +56.1pp
Confidence 95.0/100
Drivers
| Forward EPS growth | +91.0% |
|---|---|
| Trailing price return (1y) | +35.0% |
| Forward P/E compression | +47.6% |
Figures
| Trailing EPS | 1.43 |
|---|---|
| Forward EPS | 2.73 |
| Trailing P/E | 86.97 |
| Forward P/E | 45.53 |
Revisions
Stable (+2.1%, 10 dates)
Takeaway Earnings growth is outpacing price — consistent with the stock not yet fully reflecting its improving forward estimates.
Reported earnings
Revenue Derived Q4
12 quarters to Q1 26. Revenue and net income share one scale, so the gap between them is the margin.
| Quarter ending | Revenue | YoY | Net income | EPS (GAAP) | EPS reported | vs consensus | Filed |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | 1.94bn | +21.6% | — | — | 0.60 | +15.3% | 2026-04-30 |
| 2025-12-31 (derived) | 1.84bn | +16.6% | — | — | 0.61 | +3.1% | 2026-02-12 |
| 2025-09-30 | 1.75bn | +12.6% | — | — | 0.54 | +1.5% | 2025-11-05 |
| 2025-06-30 | 1.71bn | +11.6% | — | — | — | — | 2025-08-06 |
| 2025-03-31 | 1.59bn | +7.8% | — | — | — | — | 2025-05-01 |
| 2024-12-31 (derived) | 1.58bn | +11.4% | — | — | — | — | 2025-02-14 |
| 2024-09-30 | 1.56bn | +12.2% | — | — | — | — | 2024-11-06 |
| 2024-06-30 | 1.53bn | +13.0% | — | — | — | — | 2024-08-01 |
| 2024-03-31 | 1.48bn | — | — | — | — | — | 2024-05-02 |
| 2023-12-31 (derived) | 1.42bn | — | — | — | — | — | 2024-02-22 |
| 2023-09-30 | 1.39bn | — | — | — | — | — | 2023-11-02 |
| 2023-06-30 | 1.36bn | — | — | — | — | — | 2023-08-03 |
Earnings response
| Typical move around a filing | ±3.6% |
|---|---|
| On an ordinary two days | ±1.4% — filings move it 2.5× as much |
| Direction | 6 up, 5 down over 11 filings |
Revenue up year on year Revenue down Price move around the filing separate scales — a crossing means nothing
| Quarter ending | Filed | Revenue YoY | Move around filing | Next 20 sessions vs SPY |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-30 | +21.6% | +11.1% | -5.9% |
| 2025-09-30 | 2025-11-05 | +12.6% | -2.4% | -18.7% |
| 2025-06-30 | 2025-08-06 | +11.6% | -3.9% | -2.0% |
| 2025-03-31 | 2025-05-01 | +7.8% | +6.8% | -0.7% |
| 2024-09-30 | 2024-11-06 | +12.2% | -7.0% | +0.7% |
| 2024-06-30 | 2024-08-01 | +13.0% | +4.0% | +0.4% |
| 2024-03-31 | 2024-05-02 | +12.4% | -3.6% | +4.0% |
| 2023-09-30 | 2023-11-02 | +163.6% | +3.5% | +2.1% |
| 2023-06-30 | 2023-08-03 | +153.2% | -1.2% | +3.4% |
| 2023-03-31 | 2023-05-04 | +164.5% | +2.2% | -5.0% |
| 2022-09-30 | 2022-11-03 | +28.0% | +0.5% | +5.1% |
Share count
Diluted shares Return since the previous filing
| Direction | Flat — little net change |
|---|---|
| Diluted shares | 298.8M as at 2026-03-31 |
| Change over 1 year | +0.5% |
| Change over 3 years | +2.0% |
| Public float | $29.80bn as at 2025-06-30 (10-K) |
The Pricewhat the chart is doingTop ↑
Price Levels
| Strategy | Fair Value Anchor |
|---|---|
| Reference band | 110.31 — 124.98 |
| Protective stop | 105.93 (Atr, 9.9% risk) |
| Support | 122.47 (4 touches, 1.5% away) |
| Resistance | 127.47 (2.5% away) |
Takeaway The shares are nearer the floor than the ceiling: about 1.5% above 122.47, a price buyers have stepped in at before, and 2.5% below 127.47, where sellers have turned up before. That floor has held 4 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 9.9% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.
Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.
Ichimoku Cloud (Adaptive)
| Daily cloud | Price INSIDE the cloud | periods 5/14/27 (52% of classic 9/26/52) |
|---|---|
| Lines | Tenkan/Kijun BEAR | cloud twist BULL |
| Cloud thickness | 11% percentile (thin — little structure to fight through) |
| Chikou span | Not clear of price from 26 periods ago |
| Weekly cloud | Price ABOVE the weekly cloud (context only, not scored) |
Takeaway The stock is trading inside its cloud — a shaded band drawn from several of its own moving averages, currently 123.60 to 124.37. Inside the band those averages disagree with each other, so the indicator is not saying much either way. Its shorter-term averages agree with that.
Trailing returns
| 21 days | +1.4% |
|---|---|
| 63 days | -1.5% |
| 126 days | +25.2% |
| 252 days | +38.9% |
| Below 252d high | 6.5% |
Trend context
| Position | Above trend |
|---|---|
| Extension | Extremely extended |
| Trend slope | Flat |
| Direction of travel | Diverging from trend |
Takeaway Extreme upside extension is still moving away from fair trend; chase risk is elevated.
Volatility
| State | In a squeeze |
|---|---|
| Current band width | 6.9% of price |
| Recent tightest | 6.6% (4 sessions ago, narrower than 88.0% of its history) |
| Expansion since | 1.04× |
| Band | 119.81 — 128.31 |
Takeaway Lately this share price has been swinging around inside a range roughly 7% wide, and it recently went unusually quiet — calmer than it has been 88% of the time. When a stock goes quiet like this, its next move tends to look big by comparison. But quiet says nothing about which way it will go: Brown Bear tested calm-before-a-move as a reason to buy, and it did not work.
Historical trends
History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.
Who's Tradingthe flow behind the priceTop ↑
Insider activity
| Activity | No filings in the window |
|---|---|
| Buy filings | 0 |
| Sell filings | 0 |
Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.
Volume confirmation
| Volume-price trend | Below its signal line |
|---|---|
| Confirmation | Marginal |
No absorption or distribution event in the recent window.
Takeaway The heaviest trading has been happening on days when the price falls: when large numbers of shares change hands, the price has tended to go down rather than up. That tells you where the weight of trading has been. It does not tell you what happens next, and it is not a signal to sell.
Options Positioning
No binary-event flag
IRM: no binary-event flag. Near IV 42%, far IV 36% (ratio 1.18), implied move 5.3%.
| Implied volatility | 42% near (9d) · 36% far (65d) — Term structure inverted — the market is pricing an event in the near window |
|---|---|
| Term structure | 1.18× near/far |
| Historical volatility | 31% |
| Implied vs historical | 1.35× |
| Implied move | ±5.3% by 2026-08-21 |
| Implied move vs ATR | 0.46× |
| Skew | Flat (0.99×) |
| Call wall | 165.00 (+32.7% away) |
| Put wall | 55.00 (-55.8% away) |
| Gamma pin | 80.00 |
- Term structure inverted (near 42% IV vs far 36% IV, ratio 1.18)
Takeaway Insuring against a move in this stock costs more for the next few weeks than for the next few months. Traders usually pay up like that when they know something is coming soon — results, a court ruling, a regulatory decision. Options traders are positioned for a move of around 5.3% in either direction by 2026-08-21.
Chain as at 2026-08-12. This is a risk read on whether a specific event is being priced — not a directional view.
Context & Methodthe record, and how it was builtTop ↑
Relative Rotation
Mixed Rotation Phase
Rotation health 32.9/100; Negative Rotation.
| Rotation health | 32.9 |
|---|---|
| Rotation strength | 77.1 |
| Leg | Quadrant | RS-Ratio | RS-Mom |
|---|---|---|---|
| Stock vs sector | Weakening | 113.1 | 91.7 |
| Stock vs SPY | Lagging | 94.9 | 86.0 |
| Sector vs SPY | Lagging | 80.6 | 83.3 |
Direction of travel: South-East / trend strong but momentum cooling
Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.
News Headlines
- Loading headlines\u2026
Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.
Detailed Scoring
Positive signals
- Piotroski F-score 5/9 (+10.0)
- Insider conviction score (+5.0)
- Gross margin quality: 54.2% (+12.5)
- ROIC quality: 5.7% (+0.6)
- FCF margin quality: 19.4% (+12.9)
- FCF margin improving by -0.0 pts (+-3.0)
- High earnings quality (accrual ratio -0.057) (+5.0)
- Accrual ratio improving (-0.05 -> -0.06) (+5.0)
- Track 1: bullish DI spread 8.0 (+1.0)
- Track 1: relative momentum rank 0.77 (+3.5)
- Track 1: EMA20 reclaim distance 0.6% (+7.5)
- Track 1: price above EMA50 by 0.8% (+0.5)
- Track 1: EMA50 support proximity 0.8% (+4.3)
- Track 1: Bollinger position 0.54 (+3.7)
- Regime convergence: TREND_EXHAUSTION confidence 60.0/100 (EMERGING) (-12.0)
Negative signals
- Track 1: weak volume confirmation (0.41x average)
- Track 1: weak/falling ADX (15.1, falling)
- Track 1: Bearish MACD divergence
- Track 1: EMA20 slope deteriorating -0.6%
- Track 1: MACD histogram deteriorating (-0.40)
- Track 1: weak MACD line/signal structure (-8.0)
- Track 1: MACD slope deteriorating (-3.0)
- Track 1: RSI deterioration/extension 49.7, 5-day change -10.3
- Track 1: weak VPT confirmation (-0.01)
- Below-average Altman Z-score (1.76)
- Gross margin improving by -1.9 pts (+-3.0)
- ROIC improving by -0.6 pts (+-5.0)
Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.