Willdan Group, Inc. — Earnings Quality Grade C
WLDN · Industrials
Some red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 35 days, change -8 days YoY
AR growth -1.5% vs revenue growth 20.5%
Revenue 20.5%, CFFO 11.1%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 11.6% vs revenue 20.5%. Normal
SG&A/Gross Profit = 75.4%, exceeds 70%
Gross margin 37.5%, change +1.7pp. Stable
Cash Flow Quality
CFFO/NI = 1.52. Profits backed by cash
FCF $0.1B, FCF/NI = 1.35
Accruals ratio = -5.1%. Low accruals
Cash $0.1B covers 95% of debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 71% of equity. Over 50%
Debt/EBITDA = 1.1x. Healthy
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 26% YoY. Normal
Manipulation Score
M-Score = -2.63 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25