Quality Investor

ICZOOM Group Inc.

Rank #391ValueWatchlistCompare with other stocks

IZM · Nasdaq · Technology

ICZOOM Group Inc. (IZM) — Rank #391 by gross profitability (GP/assets 0.15) · ROE 7.7% · Piotroski F-Score 6 / 9.

As-of 2026-10-30 · CIK 0001854572 · all metrics point-in-time as of the filing date.

About

ICZOOM Group Inc., together with its subsidiaries, sells electronic component products through its e-commerce trading platform in the People's Republic of China.

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The company provides semiconductor products, including various integrated circuits, discretes, passive components, and optoelectronics; and equipment, tools, and other electronic component products comprising various electromechanical, maintenance, repair and operation, and various design tools. Its products are used by small and medium-sized enterprises in the consumer electronics industry, Internet of Things, automotive electronics, and industry control segments. The company sells its products through its online platform. It also offers customs clearance, temporary warehousing, logistics, and shipping services. The company was formerly known as Horizon Business Intelligence Co., Limited and changed its name to ICZOOM Group Inc. in May 2018. ICZOOM Group Inc.

was founded in 2012 and is headquartered in Shenzhen, the People's Republic of China.

Industry
Electronics & Computer Distribution
Sector
Technology
State
E9
Filer Category
Non-accelerated filerEmerging growth company

Company Snapshot

P/E and dividend yield are the primary valuation lenses for mature businesses.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

97

Industry

Electronics & Computer Distribution

Exchange

Nasdaq

10/11

Flags passed

IZM passes 10/11 quality flags

1 caution to review

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating

No data Balance sheet — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.15
Return on equity
7.7%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
1.67
Current ratio
1.58×
Net cash
$6.88M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
0.3%

Growth

1/2 pass
Revenue growth
5.1%
Piotroski F-Score
6 / 9
Share dilution
4.2%

Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).

Profitability

Does it make money well?

No warning flags · GP/assets 0.15

Gross profitability (GP / assets)

0.15

Primary signal (Novy-Marx).

Return on equity

7.7%

Gross margin

3.3%

Revenue growth (YoY)

5.1%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-13.6%

Revenue CAGR (5Y)

—

Earnings CAGR (3Y)

-22.5%

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 127% above net income

Free cash flow

$2.71M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

127.2%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.3%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2% · net cash $6.88M, F-Score 6/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

1.67

Current ratio

1.58×

Quick ratio

1.40×

Net cash

$6.88M

Cash & equivalents minus total debt.

Piotroski F-Score

6 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

3.0 / 5

Good
Share count trend
4.2%1/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory(deleveraging)
21.1%5/5 Strong

Lifecycle Phase History

20222025
Decline
Value

Price History

IZM-61.9% · -24.0% CAGRSPY+105.1% · +22.7% CAGR