Where Highway stands after its latest Filing
Highway has little or no product revenue yet; it used $2m of cash in the twelve months. That puts it 26 of 26 for growth among the electronic components companies we cover. The diluted share count is up 3.5% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 4 of our 6 financial-health checks. Our price-to-sales vs peers value is $1.17 a share, against a share price of $0.84.