Taylor Devices Inc TAYD

IndustrialsMachinery, Tools, Heavy Vehicles, Trains & ShipsUnited States of America

Last close 56.53 USD on Nov 2, 2026, −3.3% year to date

Quant rating

Quant rating C Rank 242 of 486 in Industrials

Growth C 328 of 486
Valuation B 126 of 486
Quality B 160 of 486
Revisions D 404 of 486
Momentum B 147 of 486

Wall Street consensus Hold (3.00)Average target 65.00 USD +15.0%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 183M
Enterprise value: 134M
52-week range: 43.14 – 90.00
3-year range: 21.50 – 90.00
Dividend yield: –
Beta (5 years): 0.91
Shares outstanding: 3.2M
Next earnings: Dec 29, 2026

About the company

Taylor Devices, Inc. is engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment and structures. The Company manufactures and sells similar products that have many different applications for customers. Its products are Seismic Dampers, Fluidicshoks, Crane and Industrial Buffers, Self-Adjusting Shock Absorbers, Liquid Die Springs, Vibration Dampers, Machined Springs, Custom Shock and Vibration Isolators, and Custom Actuators. Custom derivations of all of these products are designed and manufactured for many aerospace and defense applications. Fluidicshoks are small, compact shock absorbers with up to approximately 19,200 inch-pound capacities. Liquid Die Springs are used as component parts of machinery and equipment used in the manufacture of tools and dies. Machined Springs are precisely controlled mechanical springs.

Growth and profitability fiscal year ends May 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	41.6	46.3	44.6	40.2	30.9	–
Revenue growth	−10.0%	3.8%	10.9%	30.2%	37.1%	13.1%
EPS (basic, normalized)	2.62	–	–	–	–	–
EPS growth	–	–	–	–	–	–
Gross margin	44.1%	46.4%	46.7%	40.0%	31.2%	41.7%
Net margin	20.6%	20.3%	20.2%	15.6%	7.3%	16.8%
ROE	12.7%	16.6%	17.8%	13.5%	5.3%	13.2%

Balance sheet, last quarter
Cash & short-term investments (mil)	49.1
Current ratio	8.66x
Long-term debt (mil)	0
Net debt (mil)	−49.1
Total equity (mil)	73.4
Net debt / equity	−0.67x
Net debt / EBITDA	−5.29x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	41.6	−10.0%	3.2x	9.3	–	14.4x	2.62	–	21.6x
2027	52.1	+25.1%	2.6x	11.5	+24.1%	11.6x	2.88	+9.9%	19.6x
2028	64.2	+23.2%	2.1x	16.7	+45.2%	8.0x	4.17	+44.8%	13.6x
2029	70.3	+9.5%	1.9x	18.2	+9.0%	7.3x	4.54	+8.9%	12.5x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	52.1	−11.1%	−8.1%	−8.1%	2.88	−26.5%	−25.2%	−25.2%
2028	64.2	−3.6%	+1.4%	+1.4%	4.17	−6.5%	−1.9%	−1.9%
2029	70.3	−3.7%	–	–	4.54	−9.2%	–	–

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	Aug 2025	Nov 2025	Feb 2026	May 2026	Aug 2026
Sales reported (mil)	–	–	–	–	–	9.9	11.6	11.2	9.0	7.3
Sales mean (mil)	–	–	–	–	–	13.1	10.4	13.2	12.8	13.1
Surprise	–	–	–	–	–	−24.3%	+11.6%	−15.4%	−30.0%	−44.3%
EPS reported	–	–	–	–	–	0.70	0.64	0.79	0.50	0.14
EPS mean	–	–	–	–	–	0.69	0.53	0.77	0.78	0.92
Surprise	–	–	–	–	–	+1.4%	+20.8%	+2.6%	−35.9%	−84.8%

Peer comparison Machinery, Tools, Heavy Vehicles, Trains & Ships

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
TAYD Taylor Devices Inc	183M	−5.29x	20.6%	2.48x	19.6x	13.6x	11.6x	8.0x
6273 SMC Corp	25.4B	−3.12x	19.9%	1.83x	18.0x	16.8x	9.7x	8.9x
6101 Tsugami Corp	1.3B	–	13.0%	2.31x	–	–	–	–
DNOW DNOW Inc.	2.9B	1.75x	−3.2%	1.37x	45.6x	19.1x	14.4x	9.5x
NNBR NN Inc	349M	4.10x	−12.5%	2.20x	23.2x	19.9x	8.7x	7.9x
TLGO Talgo SA	332M	–	−15.9%	1.50x	–	18.4x	10.6x	8.5x
Mean		−0.64x	3.6%	1.95x	26.6x	17.6x	11.0x	8.6x
Median		−0.69x	4.9%	2.02x	21.4x	18.4x	10.6x	8.5x

Technical analysis

1M+2.8%
3M+10.1%
1Y+23.5%
3Y+158.7%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Taylor Devices Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	41.6	46.3	44.6	40.2	30.9	22.5
Cost of revenue	23.3	24.8	23.7	24.1	21.2	19.3
Gross profit	18.3	21.5	20.8	16.1	9.6	3.2
Selling, general & administrative expenses	10.2	11.4	11.0	8.2	6.2	5.5
Research & development	0.8	0.4	0.4	1.1	1.0	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	–	–	–	–	–	−1.5
Other operating expenses	0	0	0	0	0	0
Operating income	7.3	9.6	9.5	6.8	2.5	−0.9
Net interest income (expense)	1.6	1.4	1.4	0.7	0	0.1
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0.1	1.5
Net income before taxes	9.0	11.0	10.9	7.5	2.6	0.7
Provision for taxes	0.4	1.6	1.9	1.2	0.3	−0.4
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	8.6	9.4	9.0	6.3	2.2	1.1
Extraordinary items	–	–	–	–	–	–
Net income	8.6	9.4	9.0	6.3	2.2	1.1
EBIT, normalized	7.3	9.6	9.5	6.8	2.5	−2.4
EBITDA, normalized	9.3	11.4	11.2	8.3	3.8	−1.1
Basic EPS, normalized	2.62	–	–	–	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Taylor Devices Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	41.5	36.0	31.0	28.1	23.6	21.7
Receivables	3.9	5.6	5.2	5.6	4.5	4.1
Total inventory	15.6	13.5	11.9	10.1	9.2	7.3
Prepaid expenses	1.5	1.2	0.7	0.7	0.7	1.0
Other current assets	0	0	0	0	0	0
Total current assets	62.4	56.3	48.8	44.4	38.0	34.1
Property, plant & equipment	12.3	12.1	11.2	11.7	9.9	9.8
Goodwill	–	–	–	–	–	–
Intangibles	0.2	0.3	0.3	–	–	–
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	2.8	3.0	2.8	1.8	1.4	2.0
Total assets	77.7	71.6	63.1	57.9	49.2	45.9
Liabilities
Accounts payable	0.6	1.1	1.4	1.7	1.4	1.8
Payable/accrued	–	–	–	–	–	–
Accrued expenses	2.9	4.0	4.4	3.7	2.1	2.0
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	1.4	4.5	6.0	2.4	2.5	1.4
Total current liabilities	4.9	9.6	11.8	7.8	6.0	5.1
Long-term debt	0	0	0	0	0	0
Minority interest	–	–	–	–	–	–
Other liabilities	0	0	0	0	0	0
Total liabilities	4.9	9.6	11.8	7.8	6.0	5.1
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0.1	0.1	0.1	0.1	0.1	0.1
Additional paid-in capital	18.1	14.5	13.0	10.9	10.2	10.0
Retained earnings (accumulated deficit)	69.1	60.5	51.1	42.1	35.8	33.6
Treasury stock	−14.5	−13.1	−12.9	−3.1	−2.9	−2.9
Other equity	0	0	0	0	0	0
Total equity	72.9	62.0	51.2	50.1	43.3	40.8
Total liabilities & shareholders' equity	77.7	71.6	63.1	57.9	49.2	45.9

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Taylor Devices Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	8.6	9.4	9.0	6.3	2.2	1.1
Depreciation, depletion & amortization	1.9	1.7	1.7	1.5	1.3	1.2
Deferred taxes	0.3	−0.6	−0.4	−0.5	0.1	0
Non-cash items	1.5	1.8	1.4	0.8	0.2	0.3
Changes in working capital	−5.3	−4.8	1.5	−0.3	−0.6	4.4
Cash from operations	7.0	7.5	13.2	7.7	3.3	7.0
Investing activities
Capital expenditures	−2.1	−2.6	−1.4	−3.4	−1.4	−1.6
Other investing cash flows	−5.8	−6.7	−3.6	−23.4	0	0
Cash from investing	−7.9	−9.3	−5.1	−26.8	−1.4	−1.7
Financing activities
Financing cash flow items	–	–	–	–	–	–
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	0.6	0.2	−8.9	0.1	0	0
Cash from financing	0.6	0.2	−8.9	0.1	0	0
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−0.3	−1.6	−0.7	−18.9	1.9	5.4
Free cash flow	4.9	4.9	11.8	4.3	1.9	5.4

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.