Guardforce AI Co., Limited GFAIW NASDAQ

NASDAQ Global Market • Industrials • Security & Protection Services • TH • USD

SharesGrow Score

32/100

1/5 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Guardforce AI Co., Limited (GFAIW) has a negative trailing P/E of -1.4, meaning the company is currently unprofitable on a trailing twelve-month (TTM) basis. The forward P/E of 0.3 based on analyst estimates suggests a return to profitability is expected. Trailing earnings yield is -70.69%, forward earnings yield 303.03%.

Criteria proven by this page:

VALUE (0/100, Fail) — negative P/E indicates the company is currently operating at a loss — DCF and P/E-based valuation models cannot produce meaningful results for unprofitable companies (P/E -1.4); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY -70.69%).
Forward P/E 0.3 — analysts expect a return to profitability with estimated EPS of $0.12 for FY2026.
Trailing Earnings Yield -70.69% — negative yield confirms the company is currently unprofitable. Investors are paying for a turnaround rather than current earnings. Forward yield improves to 303.03% as earnings recover.

Overall SharesGrow Score: 31/100 with 1/7 criteria passed.

SharesGrow 7-Criteria Score

32/100

SG Score

View full scorecard →

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VALUE

N/A

No coverage

—

FUTURE

N/A

No coverage

✗

PAST

0/100

→ Income

✓

HEALTH

100/100

Debt-to-Equity & liquidity

→ Health

✗

MOAT

22/100

→ Income

✗

GROWTH

30/100

→ Income

✗

INCOME

10/100

→ Income

Valuation Snapshot — GFAIW

Valuation Multiples

P/E (TTM)-1.4

Forward P/E0.3

PEG RatioN/A

Forward PEGN/A

P/B Ratio0.26

P/S Ratio0.26

EV/EBITDA4.3

Per Share Data

EPS (TTM)$-0.31

Forward EPS (Est.)$0.12

Book Value / Share$1.71

Revenue / Share$1.85

FCF / Share$-0.17

Yields & Fair Value

Earnings Yield-70.69%

Forward Earnings Yield303.03%

Dividend Yield0.00%

Historical Valuation

Year	P/E (TTM)	PEG Ratio	P/B Ratio	P/S Ratio	Dividend Yield
2017	34.2	0.00	21.87	1.26	-
2018	588.6	-6.25	37.32	1.16	-
2019	803.0	-27.30	33.10	1.12	-
2020	-4.6	0.00	-6.65	0.38	-
2021	-3.5	0.08	2.92	0.55	-
2022	-0.3	-0.02	0.33	0.19	-
2023	-0.7	0.01	0.86	0.60	-
2024	-2.7	0.03	0.50	0.44	-

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year	EPS (Diluted)	Revenue	Net Income	Net Margin
2017	$2.93	$34.48M	$1.27M	3.7%
2018	$0.17	$37.34M	$73.72K	0.2%
2019	$0.12	$38.57M	$54.04K	0.1%
2020	$-21.78	$37.65M	$-3.13M	-8.3%
2021	$-12.50	$35.15M	$-5.48M	-15.6%
2022	$-14.97	$34.48M	$-18.56M	-53.8%
2023	$-4.53	$36.28M	$-29.57M	-81.5%
2024	$-0.53	$36.35M	$-5.86M	-16.1%