PowerFleet (AIOT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

PowerFleet

NasdaqGM•Technology•Software - Application

$3.04+0.01(<0.01%)Market open

Market Cap

$386.41M

P/S

0.9x

P/B

0.8x

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions for managing high-value enterprise and mid-market assets in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. It offers unity solution portfolio, which includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence-driven insights to help customers save lives, time, and money; software as a service based unity modules, which comprises vehicle, video, and in-warehouse IoT for customers to gain visibility and AI-powered insights into their people, assets, and business processes to manage utilization and maintenance, safety, fuel and energy management, and compliance and high-risk incidents; and open application programming interfaces for additional integrations and development to enhance other enterprise management systems and third-party applications. The company also provides hosting, maintenance, and customer support and consulting services; and software as a service, such as system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software update services. It offers its products under the Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete brands. The company markets and sells its wireless solutions to a range of customers in the commercial and government sectors, including construction and heavy equipment, distribution, field services, leasing and car rental, government and public safety, manufacturing and automotive, oil and gas, chemical, transportation and logistics, utilities and telecommunications, and cold chain logistics. The company was formerly known as I.D. Systems, Inc. and changed its name to PowerFleet, Inc. in October 2019. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

How this company scores

WeakMetricSide Score: 57/100

Grade capped at D — Interest coverage below 1× (0.0x) — earnings cannot cover interest. Strongest: Growth (20/25); weakest: Cash & Earnings Quality (12/25).

Profitability12/25

Growth20/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality12/25

Strengths

Growing revenueLow leverageProfit converts from growthConsistent growth

Grade capped at D

Interest coverage below 1× (0.0x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 156.7x5y range 156.7x – 156.7x

P/S · 0.9x5y range 0.6x – 3.0x

Currently near its 20-quarter median.

P/B · 0.8x5y range 0.8x – 2.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.0x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $386.41M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $450.45M
Q. Revenue: $110.79M
TTM EBITDA: $82.34M
TTM Op. Income: $21.89M
Q. Op. Income: $270,000
TTM Net Income: $-18.76M
Q. Net Income: $-8.44M
EPS: $-0.06
Shares Out.: $134.17M

$450.45M in TTM revenue grew 15.1% YoY, reaching $110.79M last quarter. TTM EBITDA of $82.34M and TTM operating income of $21.89M show growth is flowing through to the bottom line. However, net income is negative at $18.76M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 55.2%
EBITDA Margin: 14.9%
Op. Margin: 0.2%
Net Margin: -7.6%

Op. margin of 0.2% is up 2.2% YoY — cost efficiency is improving. Net margin at -7.6% and gross margin of 55.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 112% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.9x
P/B Ratio: 0.8x

P/S of 0.9x and P/B of 0.8x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $962.56M
Cash: $32.82M
Long-Term Debt: $229.30M
Book Value: $482.70M
D/E Ratio: 0.5
Debt/EBITDA: 13.9

With $962.56M in assets and $229.30M in long-term debt, D/E is 0.5and book value is $482.70M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 6% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $8.44M
TTM Free Cash Flow: $15.81M
FCF Margin: 3.5%
FCF / Net Income: -0.8

TTM FCF of $15.81M on $8.44M in operating cash flow. The FCF / Net Income ratio of -0.8x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is up 217% — an improving trend.