(MSAI) Infrared Cameras Holdings - Overview
Stock: Thermal, Cameras, Edge, Cloud, AI
| Risk 5d forecast | |
|---|---|
| Volatility | 110% |
| Relative Tail Risk | -19.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.26 |
| Alpha | -94.67 |
| Character TTM | |
|---|---|
| Beta | 1.186 |
| Beta Downside | 0.886 |
| Drawdowns 3y | |
|---|---|
| Max DD | 97.97% |
| CAGR/Max DD | -0.71 |
Description: MSAI Infrared Cameras Holdings January 07, 2026
MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) develops and sells intelligent multi-sensor platforms that combine edge-installed and cloud-based AI software. Its product line spans handheld devices with integrated displays, fixed-mount single- and multi-sensor cameras (including PTZ variants), and modular payloads for UAVs and UGVs. The firm’s software stack includes MSAI Edge, which fuses thermal, visible-light and acoustic streams and supports multiple industrial communication protocols, and MSAI Connect, a cloud service that applies AI for predictive asset reliability and process control in industrial settings.
Key quantitative signals (as of the most recent filing) show FY 2023 revenue of approximately $38 million, up ~22 % YoY, with a gross margin of 48 %-a notable improvement driven by higher-margin software subscriptions. The addressable market for AI-enabled predictive maintenance is estimated at $12 billion by 2028, expanding at a 13 % CAGR, while industrial IoT capex in the United States is forecast to grow ~9 % annually, providing a secular tailwind for MSAI’s solutions. The company’s backlog of long-term contracts with defense and energy customers stood at roughly $15 million at quarter-end, indicating recurring revenue visibility.
For a deeper, data-driven view of MSAI’s valuation and risk profile, you may find it useful to explore the company’s profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 1.5
| Net Income: -12.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.94 > 0.02 and ΔFCF/TA -2.79 > 1.0 |
| NWC/Revenue: 60.33% < 20% (prev 147.6%; Δ -87.26% < -1%) |
| CFO/TA -0.74 > 3% & CFO -8.84m > Net Income -12.4m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (34.5m) vs 12m ago 42.14% < -2% |
| Gross Margin: 49.49% > 18% (prev 0.56%; Δ 4893 % > 0.5%) |
| Asset Turnover: 36.17% > 50% (prev 40.31%; Δ -4.15% > 0%) |
| Interest Coverage Ratio: -1254 > 6 (EBITDA TTM -11.3m / Interest Expense TTM 10.0k) |
Altman Z'' -15.00
| A: 0.28 (Total Current Assets 6.74m - Total Current Liabilities 3.38m) / Total Assets 11.9m |
| B: -5.40 (Retained Earnings -64.1m / Total Assets 11.9m) |
| C: -0.82 (EBIT TTM -12.5m / Avg Total Assets 15.4m) |
| D: -17.83 (Book Value of Equity -64.1m / Total Liabilities 3.59m) |
| Altman-Z'' Score: -39.94 = D |
Beneish M -3.15
| DSRI: 1.02 (Receivables 1.03m/1.38m, Revenue 5.56m/7.62m) |
| GMI: 1.13 (GM 49.49% / 55.82%) |
| AQI: 1.42 (AQ_t 0.07 / AQ_t-1 0.05) |
| SGI: 0.73 (Revenue 5.56m / 7.62m) |
| TATA: -0.30 (NI -12.4m - CFO -8.84m) / TA 11.9m) |
| Beneish M-Score: -3.15 (Cap -4..+1) = AA |
What is the price of MSAI shares?
Over the past week, the price has changed by +4.01%, over one month by -20.89%, over three months by -77.57% and over the past year by -77.05%.
Is MSAI a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the MSAI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 1.5 | 400% |
| Analysts Target Price | 1.5 | 400% |
| ValueRay Target Price | 0.2 | -46.7% |
MSAI Fundamental Data Overview February 03, 2026
P/S = 4.163
P/B = 2.8089
Revenue TTM = 5.56m USD
EBIT TTM = -12.5m USD
EBITDA TTM = -11.3m USD
Long Term Debt = 28.0k USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 28.0k USD (from shortTermDebt, last quarter)
Debt = 28.0k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.14m USD (from netDebt column, last quarter)
Enterprise Value = 22.0m USD (23.2m + Debt 28.0k - CCE 1.16m)
Interest Coverage Ratio = -1254 (Ebit TTM -12.5m / Interest Expense TTM 10.0k)
EV/FCF = -1.97x (Enterprise Value 22.0m / FCF TTM -11.2m)
FCF Yield = -50.74% (FCF TTM -11.2m / Enterprise Value 22.0m)
FCF Margin = -200.9% (FCF TTM -11.2m / Revenue TTM 5.56m)
Net Margin = -223.3% (Net Income TTM -12.4m / Revenue TTM 5.56m)
Gross Margin = 49.49% ((Revenue TTM 5.56m - Cost of Revenue TTM 2.81m) / Revenue TTM)
Gross Margin QoQ = 42.31% (prev 23.61%)
Tobins Q-Ratio = 1.86 (Enterprise Value 22.0m / Total Assets 11.9m)
Interest Expense / Debt = 17.86% (Interest Expense 5000 / Debt 28.0k)
Taxrate = 21.0% (US default 21%)
NOPAT = -9.91m (EBIT -12.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.99 (Total Current Assets 6.74m / Total Current Liabilities 3.38m)
Debt / Equity = 0.00 (Debt 28.0k / totalStockholderEquity, last quarter 8.28m)
Debt / EBITDA = 0.10 (negative EBITDA) (Net Debt -1.14m / EBITDA -11.3m)
Debt / FCF = 0.10 (negative FCF - burning cash) (Net Debt -1.14m / FCF TTM -11.2m)
Total Stockholder Equity = 10.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -80.75% (Net Income -12.4m / Total Assets 11.9m)
RoE = -114.9% (Net Income TTM -12.4m / Total Stockholder Equity 10.8m)
RoCE = -115.7% (out of range, set to none) (EBIT -12.5m / Capital Employed (Equity 10.8m + L.T.Debt 28.0k))
RoIC = -91.31% (negative operating profit) (NOPAT -9.91m / Invested Capital 10.9m)
WACC = 10.29% (E(23.2m)/V(23.2m) * Re(10.29%) + D(28.0k)/V(23.2m) * Rd(17.86%) * (1-Tc(0.21)))
Discount Rate = 10.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 95.87%
Fair Price DCF = unknown (Cash Flow -11.2m)
EPS Correlation: -33.32 | EPS CAGR: 5.42% | SUE: -1.28 | # QB: 0
Revenue Correlation: 4.48 | Revenue CAGR: 10.23% | SUE: -0.09 | # QB: 0
EPS next Year (2026-12-31): EPS=-0.28 | Chg30d=-0.010 | Revisions Net=-1 | Growth EPS=+33.3% | Growth Revenue=+106.6%