(KULR) KULR Technology - Overview
Stock: Thermal Management, Battery Safety, Thermal Interface, Heat Sinks
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 130% |
| Relative Tail Risk | -19.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.12 |
| Alpha | -111.30 |
| Character TTM | |
|---|---|
| Beta | 2.210 |
| Beta Downside | 1.311 |
| Drawdowns 3y | |
|---|---|
| Max DD | 94.06% |
| CAGR/Max DD | -0.35 |
Description: KULR KULR Technology December 31, 2025
KULR Technology Group (NYSE MKT: KULR) commercializes thermal-management solutions for lithium-ion batteries and high-power electronics through its subsidiary, KULR Technology Corporation. Its product suite includes thermal-runaway shields, automated cell-screening systems, fiber-based thermal interface materials, phase-change heat sinks, internal-short-circuit devices, CRUX cathodes, and AI-driven robotic exoskeletons for U.S. industrial workforces. These technologies are deployed across electric-vehicle (EV) platforms, grid-scale energy-storage systems, battery-recycling operations, cloud-computing data centers, and 5G communication hardware. The company, originally incorporated as KT High-Tech Marketing Inc. in 2013, rebranded to KULR Technology Group in August 2018 and is headquartered in Webster, Texas.
Recent filings show KULR generated roughly $12 million of revenue in FY 2023, up about 45 % year-over-year, while its cash balance stood at $28 million, giving it roughly 7 months of runway at current burn rates (≈ $4 million per month). The EV battery market, a core end-user, is projected to grow at a CAGR of ~ 14 % through 2030, driving demand for safety-critical thermal-management components. Parallelly, data-center capex is expected to rise 9 % YoY in 2024, reinforcing the need for reliable cooling solutions in cloud-computing infrastructure-both trends that could expand KULR’s addressable market.
For a deeper quantitative view, you may find the ValueRay analyst dashboard useful for tracking KULR’s financial metrics and sector dynamics.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: -22.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.24 > 0.02 and ΔFCF/TA 88.18 > 1.0 |
| NWC/Revenue: 129.5% < 20% (prev -11.93%; Δ 141.4% < -1%) |
| CFO/TA -0.23 > 3% & CFO -35.9m > Net Income -22.3m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 4.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (41.1m) vs 12m ago -78.85% < -2% |
| Gross Margin: 22.13% > 18% (prev 0.41%; Δ 2172 % > 0.5%) |
| Asset Turnover: 19.80% > 50% (prev 78.52%; Δ -58.71% > 0%) |
| Interest Coverage Ratio: -35.99 > 6 (EBITDA TTM -21.0m / Interest Expense TTM 416.9k) |
Altman Z'' -15.00
| A: 0.14 (Total Current Assets 28.5m - Total Current Liabilities 6.93m) / Total Assets 156.1m |
| B: -0.65 (Retained Earnings -101.4m / Total Assets 156.1m) |
| C: -0.18 (EBIT TTM -15.0m / Avg Total Assets 84.2m) |
| D: -12.52 (Book Value of Equity -101.4m / Total Liabilities 8.11m) |
| Altman-Z'' Score: -15.55 = D |
Beneish M 0.10
| DSRI: 1.19 (Receivables 5.49m/2.69m, Revenue 16.7m/9.70m) |
| GMI: 1.87 (GM 22.13% / 41.48%) |
| AQI: 3.66 (AQ_t 0.79 / AQ_t-1 0.21) |
| SGI: 1.72 (Revenue 16.7m / 9.70m) |
| TATA: 0.09 (NI -22.3m - CFO -35.9m) / TA 156.1m) |
| Beneish M-Score: 0.10 (Cap -4..+1) = D |
What is the price of KULR shares?
Over the past week, the price has changed by -17.70%, over one month by -17.70%, over three months by -3.30% and over the past year by -82.22%.
Is KULR a buy, sell or hold?
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the KULR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10 | 241.3% |
| Analysts Target Price | 10 | 241.3% |
| ValueRay Target Price | 2.5 | -13.7% |
KULR Fundamental Data Overview February 02, 2026
P/S = 9.7516
P/B = 1.201
Revenue TTM = 16.7m USD
EBIT TTM = -15.0m USD
EBITDA TTM = -21.0m USD
Long Term Debt = 11.0k USD (from longTermDebt, last fiscal year)
Short Term Debt = 4.22m USD (from shortTermDebt, last quarter)
Debt = 5.39m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -15.2m USD (from netDebt column, last quarter)
Enterprise Value = 147.4m USD (162.6m + Debt 5.39m - CCE 20.6m)
Interest Coverage Ratio = -35.99 (Ebit TTM -15.0m / Interest Expense TTM 416.9k)
EV/FCF = -4.00x (Enterprise Value 147.4m / FCF TTM -36.8m)
FCF Yield = -24.99% (FCF TTM -36.8m / Enterprise Value 147.4m)
FCF Margin = -221.0% (FCF TTM -36.8m / Revenue TTM 16.7m)
Net Margin = -133.5% (Net Income TTM -22.3m / Revenue TTM 16.7m)
Gross Margin = 22.13% ((Revenue TTM 16.7m - Cost of Revenue TTM 13.0m) / Revenue TTM)
Gross Margin QoQ = 9.13% (prev 17.96%)
Tobins Q-Ratio = 0.94 (Enterprise Value 147.4m / Total Assets 156.1m)
Interest Expense / Debt = 2.51% (Interest Expense 135.4k / Debt 5.39m)
Taxrate = 21.0% (US default 21%)
NOPAT = -11.9m (EBIT -15.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.12 (Total Current Assets 28.5m / Total Current Liabilities 6.93m)
Debt / Equity = 0.04 (Debt 5.39m / totalStockholderEquity, last quarter 148.0m)
Debt / EBITDA = 0.72 (negative EBITDA) (Net Debt -15.2m / EBITDA -21.0m)
Debt / FCF = 0.41 (negative FCF - burning cash) (Net Debt -15.2m / FCF TTM -36.8m)
Total Stockholder Equity = 107.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -26.43% (Net Income -22.3m / Total Assets 156.1m)
RoE = -20.63% (Net Income TTM -22.3m / Total Stockholder Equity 107.9m)
RoCE = -13.91% (EBIT -15.0m / Capital Employed (Equity 107.9m + L.T.Debt 11.0k))
RoIC = -10.88% (negative operating profit) (NOPAT -11.9m / Invested Capital 109.0m)
WACC = 13.67% (E(162.6m)/V(168.0m) * Re(14.06%) + D(5.39m)/V(168.0m) * Rd(2.51%) * (1-Tc(0.21)))
Discount Rate = 14.06% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -44.57%
Fair Price DCF = unknown (Cash Flow -36.8m)
EPS Correlation: 15.84 | EPS CAGR: -60.28% | SUE: -1.08 | # QB: 0
Revenue Correlation: 82.50 | Revenue CAGR: 79.61% | SUE: 4.0 | # QB: 1