Linkers Industries Limited Class A (LNKS) AI Stock Analysis
LNKS AI stock analysis summary
AI ResearchLinkers Industries Limited Class A is a Malaysia-based manufacturer and supplier of wire and cable harnesses, connectors, and assemblies. The company has experienced sharp financial contraction, with annual net losses widening to -$7.5M in FY2026 and a 4-year revenue CAGR of -8.9%. Shares have declined 99.4% over the past year, leaving the company with a market capitalization of $1.2M.
- Market cap
- $1.2M
- Revenue (TTM)
- $22.6M
- P/E
- —
- 1Y return
- -99.4% S&P 500 16.8%
- Avg. target
- —
Bull case
- The balance sheet maintains net cash of $15.6M with a solid current ratio of 3.86 as of September 30, 2026.
- Quarterly revenue rose 2.9% year-over-year in the latest quarter ending September 30, 2026.
- Shares trade at a low price-to-book multiple of 0.2x relative to shareholders' equity of $68.6M.
Bear case
- Free cash flow deteriorated significantly to -$30.3M in FY2026 alongside an operating cash outflow of -$29.5M.
- Annual net losses deepened steadily from -$2.0M in FY2024 to -$7.5M in FY2026.
- The stock has plummeted 99.4% over the trailing 1-year period, falling from a 52-week high of $420.00 to $0.77.
What Linkers Industries does
Linkers Industries Limited, through its subsidiary, TEM Electronics (M) Sdn. Bhd., manufactures and supplies wire and cable harnesses in Malaysia, Thailand, Switzerland, the United States, and internationally. It also offers connectors and assemblies. The company serves brand name and original equipment manufacturers in the home appliances, industrial products, and automotive industries. Founded in 1995 and headquartered in Sungai Petani, Malaysia, Linkers Industries exports its products and had 185 employees.
Growth and profitability
Between FY2022 and FY2026, revenue decreased from $32.5M to $22.4M, reflecting a 4-year CAGR of -8.9%. Gross margin narrowed from 15.9% in FY2022 to 8.9% in FY2026. The company turned unprofitable after FY2023, with net income deteriorating from $184,519 in FY2023 to -$2.0M in FY2024, -$5.0M in FY2025, and -$7.5M in FY2026. For the trailing twelve months ended September 30, 2026, revenue stood at $22.6M with an operating margin of -36.3% and a net profit margin of -33.7%, while quarterly revenue growth grew 2.9% year-over-year.
Balance sheet and cash flow
As of September 30, 2026, Linkers Industries held $18.7M in cash and short-term investments against $3.1M in total debt, resulting in net cash of $15.6M. Shareholders' equity was $68.6M, with total assets of $80.8M, a current ratio of 3.86, and a debt-to-equity ratio of 0.05. In FY2026, operating cash flow dropped to -$29.5M, free cash flow was -$30.3M, and capital expenditures were $747,820.
Valuation and performance
Linkers Industries trades at a price-to-sales ratio of 0.1x and an EV-to-revenue ratio of 0.1x, compared to the median of 1.5x for its US-listed Industrials peers. Its price-to-book ratio is 0.2x, while its enterprise value is $730,344. Over the past year, the stock fell 99.4%, trading 98.7% below its 200-day average, while the S&P 500 gained 16.8%.
What analysts expect
No analyst coverage ratings, target prices, forward estimates, or earnings surprise records are provided. Trailing twelve-month diluted earnings per share stood at -$3.41, with the stock closing at $0.77 on October 16, 2026, just above its 52-week low of $0.75.
Key risks and what to watch
- Operating cash burn reached -$29.5M in FY2026, which substantially exceeds the current cash balance of $18.7M.
- Revenue has contracted at an annualized rate of -8.9% over the 4-year period from FY2022 to FY2026.
- The company generated an operating margin of -36.3% and an ROE of -14.2% over the trailing twelve months.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this LNKS AI stock analysis
This page is an AI-written research summary of Linkers Industries Limited Class A (LNKS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: LNKS income statement, LNKS key metrics, LNKS chart. See the LNKS stock overview for the latest quote and news.
LNKS AI stock analysis FAQ
What products does Linkers Industries manufacture?
Linkers Industries produces wire and cable harnesses, connectors, and assemblies through its subsidiary, TEM Electronics (M) Sdn. Bhd. Its products serve home appliances, industrial products, and automotive manufacturers.
What is Linkers Industries' current financial position?
As of September 30, 2026, the company held $18.7M in cash and short-term investments and $3.1M in total debt, giving it a net cash position of $15.6M and a current ratio of 3.86.
Is Linkers Industries profitable?
No, Linkers Industries is not profitable, recording a net loss of -$7.5M in FY2026 and a trailing twelve-month profit margin of -33.7% with an EPS of -$3.41.
How has LNKS stock performed recently?
The stock closed at $0.77 on October 16, 2026, marking a 1-year drop of 99.4% and trading well below its 52-week high of $420.00.