Why is BIO-key International, Inc. ?
1
Poor Management Efficiency with a low ROCE of 0%
- The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2
Poor long term growth as Operating profit has grown by an annual rate 6.74% of over the last 5 years
3
Flat results in Jun 25
- INTEREST(HY) At USD 0.18 MM has Grown at 1,172.59%
- RAW MATERIAL COST(Y) Grown by 5.75% (YoY)
4
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -34.31%, its profits have risen by 47%
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -34.31% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is BIO-key International, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
BIO-key International, Inc.
-48.57%
-0.44
145.57%
S&P 500
13.95%
0.81
19.85%
Quality key factors
Factor
Value
Sales Growth (5y)
30.58%
EBIT Growth (5y)
6.74%
EBIT to Interest (avg)
-5.44
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.29
Sales to Capital Employed (avg)
2.62
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
9.28%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.66
EV to EBIT
-0.65
EV to EBITDA
-0.73
EV to Capital Employed
0.52
EV to Sales
0.44
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-80.71%
ROE (Latest)
-62.57%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bearish
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
7What is working for the Company
NET PROFIT(HY)
Higher at USD -1.9 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 3.91 times
DEBTORS TURNOVER RATIO(HY)
Highest at 6.68 times
-11What is not working for the Company
INTEREST(HY)
At USD 0.18 MM has Grown at 1,172.59%
RAW MATERIAL COST(Y)
Grown by 5.75% (YoY
Here's what is working for BIO-key International, Inc.
Net Profit
Higher at USD -1.9 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (USD MM)
Inventory Turnover Ratio
Highest at 3.91 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 6.68 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for BIO-key International, Inc.
Interest
At USD 0.18 MM has Grown at 1,172.59%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (USD MM)
Raw Material Cost
Grown by 5.75% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






