Deswell Industries vs KEY Tronic
KEY Tronic is the larger business, with $387m of revenue in fiscal 2026 against $61.3m for Deswell Industries (6.3 times as much). Deswell Industries grew faster (-9.3% against -17.4%). Deswell Industries kept more of each dollar of sales as profit: a net margin of 17.3% against -12.4%. Deswell Industries carries less debt relative to equity (0.0% against 156.6%).
| Latest fiscal year | Deswell IndustriesDSWL, 2026 | KEY TronicKTCC, 2026 |
|---|---|---|
| Revenue | $61.3m | $387m |
| Revenue growth | -9.3% | -17.4% |
| Net income | $10.6m | −$47.8m |
| Operating margin | 3.2% | -3.8% |
| Net margin | 17.3% | -12.4% |
| Return on equity | 10.0% | -51.3% |
| Free cash flow | $4.7m | −$1.9m |
| Cash | $23.1m | $584,000 |
| Total debt | $0 | $108m |
| Debt to equity | 0.0% | 156.6% |
| Dividend per share | — | — |
| Dividend yield | 7.0% | — |
| Share buybacks | — | — |
| Employees | — | 3,298 |
| Market value | $45.7m | $23.6m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 20 (Weak) | 23 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 16 sales |