XSPA Share Price | XWELL, Inc. Stock Analysis & Recommendation

Q: How big is XWELL, Inc.?

Market Cap: As of Jun 18, XWELL, Inc. has a market capitalization of 4.73 million, classifying it as a Micro Cap company.Recent Quarterly Performance: For the latest four quarters, XWELL, Inc. reported net sales of 32.19 million and a net profit of -18.73 million.Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of -0.79 million and total assets of 25.35 million.

Q: What does XWELL, Inc. do?

Overview:XWELL, Inc. is a health and wellness holding company focused on providing spa services and luxury travel products, operating within the Tour, Travel Related Services industry and classified as a micro-cap company.Financial Snapshot:Most recent Net Sales: 7 Million (Quarterly Results - Mar 2025) Most recent Net Profit: -5 Million (Quarterly Results - Mar 2025) Market cap: USD 4.73 Million (Micro Cap)Key Metrics:P/E: NA (Loss Making) Industry P/E: NA Dividend Yield: 0.00% Debt Equity: 1.41 Return on Equity: 302.33% Price to Book: -0.82 Contact Details:Address: 254 WEST 31ST STREET, 11TH FLOOR, NEW YORK NY: 10001 Tel: 1 212 3097549 Fax: 1 845 8183588 Website: http://xpresspagroup.com/

Q: Is XWELL, Inc. overvalued or undervalued?

As of 15 August 2022, the valuation grade for XWELL, Inc. moved from fair to risky, indicating a significant deterioration in its valuation outlook. The company appears to be overvalued given its negative price-to-book value of -0.86 and an EV to EBITDA ratio of 0.28, which suggests that the market is not pricing in the company's financial health appropriately. Additionally, the return on capital employed (ROCE) is exceptionally high at 96.86%, but this is overshadowed by the overall negative financial metrics.In comparison to its peers, XWELL, Inc. has a P/E ratio of -0.3332, while Afya Ltd. is considered attractive with a P/E of 11.8061, and Despegar.com Corp. is deemed expensive at 51.8610. The stark contrast in valuation ratios highlights XWELL's challenging position within the industry. Furthermore, the company's stock has significantly underperformed against the S&P 500, with a year-to-date return of -27.54% compared to the index's 12.22%, reinforcing the perception of overvaluation.

Q: Is XWELL, Inc. technically bullish or bearish?

As of 12 September 2025, the technical trend for XWELL, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish with weak strength indicated by the mixed signals across different time frames. The MACD shows mildly bullish readings on both weekly and monthly charts, while the Bollinger Bands indicate a bearish monthly trend. The daily moving averages are mildly bullish, but the KST shows a bullish weekly signal contrasted by a bearish monthly signal. The OBV is mildly bearish on a monthly basis, and Dow Theory indicates no trend in both weekly and monthly time frames. In terms of performance, XWELL has significantly underperformed against the S&P 500 across multiple periods, with a year-to-date return of -27.54% compared to the S&P 500's 12.22%, and a one-year return of -41.80% versus 17.14%.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

581.87 k

Shareholding (Sep 2025)

FII

0.05%

Held by 3 FIIs

DII

97.65%

Held by 2 DIIs

Promoter

0.00%

How big is XWELL, Inc.?

22-Jun-2025

As of Jun 18, XWELL, Inc. has a market capitalization of 4.73 million, with net sales of 32.19 million and a net profit of -18.73 million over the last four quarters. The company reported shareholder's funds of -0.79 million and total assets of 25.35 million as of Dec 24.

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What does XWELL, Inc. do?

22-Jun-2025

XWELL, Inc. is a health and wellness holding company that provides spa services and luxury travel products, classified as a micro-cap company with a market cap of $4.73 million. As of March 2025, it reported net sales of $7 million and a net loss of $5 million.

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Who are in the management team of XWELL, Inc.?

22-Jun-2025

As of March 2022, the management team of XWELL, Inc. includes Mr. Bruce Bernstein (Independent Chairman), Mr. Douglas Satzman (CEO and Director), and Independent Directors Mr. Michael Lebowitz, Mr. Donald Stout, and Mr. Robert Weinstein. They oversee the company's strategic direction and operations.

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Is XWELL, Inc. overvalued or undervalued?

20-Sep-2025

As of August 15, 2022, XWELL, Inc. is considered risky due to its negative price-to-book value of -0.86 and a low EV to EBITDA ratio of 0.28, despite a high ROCE of 96.86%, while its P/E ratio of -0.3332 contrasts sharply with peers like Afya Ltd. at 11.81, and the company's stock has underperformed the S&P 500 with a year-to-date return of -27.54%.

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Is XWELL, Inc. technically bullish or bearish?

20-Sep-2025

As of September 12, 2025, XWELL, Inc. is in a bearish trend with mixed technical signals, underperforming the S&P 500 significantly, showing a year-to-date return of -27.54% compared to the S&P's 12.22%.

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Score

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Strong Sell

Sell

Hold

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Strong Buy

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Dashboard

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

Poor long term growth as Net Sales has grown by an annual rate of -0.41% and Operating profit at 1.97% over the last 5 years
Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -14.95

The company declared negative results in Mar'25 after flat results in Dec'24

Risky - Negative EBITDA

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Tour, Travel Related Services

Market cap

USD 2 Million (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.29

Return on Equity

221.32%

Price to Book

-0.39

Revenue and Profits:

Net Sales:

7 Million

(Quarterly Results - Sep 2025)

Net Profit:

0 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-53.52%

6 Months

-62.82%

1 Year

-66.75%

2 Years

-72.91%

3 Years

-18.0%

4 Years

-98.5%

5 Years

-99.05%

XWELL, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-0.41%

EBIT Growth (5y)

1.97%

EBIT to Interest (avg)

-14.95

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

1.41

Sales to Capital Employed (avg)

0.48

Tax Ratio

0.26%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

5.54%

ROCE (avg)

69.52%

ROE (avg)

0.50%

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

-0.86

EV to EBIT

0.23

EV to EBITDA

0.28

EV to Capital Employed

0.23

EV to Sales

-0.10

PEG Ratio

Dividend Yield

ROCE (Latest)

96.86%

ROE (Latest)

Negative BV

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 3 Schemes (2.31%)

Foreign Institutions

Held by 3 Foreign Institutions (0.05%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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    "header": "Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQ",
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        "prefix": "Consolidated Net Profit ",
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          "val2": "7.70",
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          "val2": "-2.30",
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          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Exceptional Items",
          "val1": "-0.20",
          "val2": "1.10",
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          "field": "Consolidate Net Profit",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 41.07% vs 14.11% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "33.90",
          "val2": "30.10",
          "chgp": "12.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-9.80",
          "val2": "-15.70",
          "chgp": "37.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.20",
          "val2": "0.30",
          "chgp": "-33.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-4.20",
          "val2": "-8.90",
          "chgp": "52.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-16.50",
          "val2": "-28.00",
          "chgp": "41.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-357.00%",
          "val2": "-640.80%",
          "chgp": "28.38%",
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Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQ

Sep'25

Jun'25

Change(%)

Net Sales

7.30

7.70

-5.19%

Operating Profit (PBDIT) excl Other Income

0.20

-2.30

108.70%

Interest

0.00

Exceptional Items

-0.20

1.10

-118.18%

Consolidate Net Profit

-0.20

-2.10

90.48%

Operating Profit Margin (Excl OI)

-38.40%

-350.10%

31.17%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Sep 2025 is -5.19% vs 10.00% in Jun 2025

Consolidated Net Profit

QoQ Growth in quarter ended Sep 2025 is 90.48% vs 54.35% in Jun 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

33.90

30.10

12.62%

Operating Profit (PBDIT) excl Other Income

-9.80

-15.70

37.58%

Interest

0.20

0.30

-33.33%

Exceptional Items

-4.20

-8.90

52.81%

Consolidate Net Profit

-16.50

-28.00

41.07%

Operating Profit Margin (Excl OI)

-357.00%

-640.80%

28.38%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 12.62% vs -46.15% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 41.07% vs 14.11% in Dec 2023

All Annual Results

Company CV

About XWELL, Inc.

XWELL, Inc.

Tour, Travel Related Services

XpresSpa Group, Inc., formerly FORM Holdings Corp., is a health and wellness holding company. The Company is focused on providing spa services, as well as luxury travel products and accessories. The Company's holdings include Fli Charge, Infomedia and Intellectual Property Assets. Fli Charge designs, develops, licenses, manufactures and markets wire-free conductive power and charging solutions. Infomedia is a provider of customer relationship management and monetization technologies to mobile carriers and device manufacturers. The Company's airport spa has 57 locations in 23 airports globally and one off-airport spa at Westfield World Trade Center in New York City.The Company's Intellectual Property division consists of a portfolio of approximately 600 patents and patent applications covering telecom infrastructure, Internet search, advertising-insertion, mobile and wire-free charging technologies.

Company Coordinates

Company Details

254 WEST 31ST STREET, 11TH FLOOR , NEW YORK NY : 10001

Tel: 1 212 3097549

http://xpresspagroup.com/

Registrar Details

XWELL, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is XWELL, Inc.?

Watch in Real-Time

What does XWELL, Inc. do?

Who are in the management team of XWELL, Inc.?

Is XWELL, Inc. overvalued or undervalued?

Is XWELL, Inc. technically bullish or bearish?

Compare XWELL, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

The company declared negative results in Mar'25 after flat results in Dec'24

Risky - Negative EBITDA

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQ

Annual Results Snapshot (Consolidated) - Dec'24

About XWELL, Inc.

Company Coordinates