CDTi Advanced Materials (CDTI) AI Stock Analysis

• Market Cap: $3.49M
• Dividend Yield: N/A
• Average Volume (3M): 4.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 46
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): N/A
• Shares Outstanding: 4,071,000
• 10 Day Avg. Volume: 2,924
• 30 Day Avg. Volume: 4,029
• PEG Ratio: 0.14
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 10.06
• Enterprise Value/Market Cap: 1.04
• Enterprise Value/Revenue: 0.26
• Enterprise Value/Gross Profit: 0.82
• Enterprise Value/Ebitda: -1.01
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: $0.75 ▲(6.57% Upside)
• Action: Upgraded Date: 01/28/26
• Date: Action: Upgraded 01/28/26

The score is held down primarily by inconsistent profitability (returning to a net loss in 2024 despite some operational improvements) and weak technicals (below key moving averages with negative MACD). Positive cash flow and moderate leverage provide some support, but limited valuation inputs prevent a clearer value-based offset.

Positive Factors

Revenue & margin improvement

Returning to revenue growth alongside a gross margin lift to ~38% indicates operational improvements and pricing or cost control gains. Sustained top-line growth with healthier gross margins supports durable cash flow potential and a stronger foundation for reinvestment over months.

Positive operating and free cash flow

Consistent positive operating and free cash flow marks a structural improvement in cash generation versus prior years. That persistent FCF, even if modest, enhances financial flexibility for debt servicing, capex or strategic initiatives without immediate equity dilution.

Workable balance sheet with moderate leverage

A relatively small absolute debt load and moderate debt-to-equity provide a tangible capital cushion and lower refinancing strain. This structural balance-sheet profile helps absorb cyclical shocks and supports steady operations while management works to stabilize earnings.

Negative Factors

Inconsistent profitability

A sharp swing back to net losses after strong prior-year profitability signals volatile earnings quality. Such inconsistency impairs long-term planning, raises forecasting risk for investors and lenders, and can limit the company’s ability to sustain investments or dividends.

Cash flow not aligned with earnings

A disconnect between cash flow and reported earnings complicates assessment of underlying profitability. Persistent divergence and meaningful cash-flow swings reduce transparency on recurring performance and make it harder to judge sustainable earnings power for long-term investors.

Rising leverage and negative returns

Higher leverage combined with a negative ROE reflects deteriorating capital efficiency and heavier reliance on debt. Over time this can constrain strategic options, increase financing costs if conditions tighten, and pressure the company to restore consistent profitability to maintain balance-sheet health.

CDTi Advanced Materials Business Overview & Revenue Model

Company Description

CDTi Advanced Materials, Inc. provides technology and solutions to the automotive emissions control markets in the United States, Canada, and Europe. Its catalyst products include synergized- platinum group metal (PGM) diesel oxidation catalysts, zero-PGM catalysts, selective catalytic reduction catalysts, and base-metal activated rhodium support catalysts. The company supplies its coated substrates directly to exhaust systems manufacturers; and catalyst technologies to automakers, heavy duty truck manufacturers, catalyst manufacturers, distributors, integrators, and retrofitters. CDTi Advanced Materials, Inc. was founded in 1996 and is headquartered in Oxnard, California.

How the Company Makes Money

CDTi Advanced Materials generates revenue through the sale of its proprietary catalytic materials and technologies to original equipment manufacturers (OEMs) and aftermarket customers in the automotive industry. The company also licenses its technology to partners and collaborates with other firms to integrate its solutions into their products. Key revenue streams include product sales, licensing agreements, and partnerships in technology development, all of which are supported by a focus on innovation and compliance with environmental regulations.

CDTi Advanced Materials Financial Statement Overview

Summary

Mixed fundamentals. Revenue returned to growth and gross margin improved, and operating/free cash flow turned positive. However, profitability deteriorated sharply versus 2023 (back to a net loss and slightly negative operating profit), indicating volatile earnings quality despite a workable balance sheet.

Income Statement

Revenue returned to growth in 2024 (+5.3% YoY) after a decline in 2023, and gross margin improved to ~38% (up from ~35% in 2023). However, profitability weakened materially: 2024 swung back to a small net loss (net margin ~-1.3%) and slightly negative operating profit, versus strong 2023 net profitability (~12% net margin). Overall, margins are volatile and earnings quality appears inconsistent year-to-year.

Balance Sheet

Leverage remains moderate with debt at ~$1.14M and debt-to-equity ~0.37 in 2024, and equity is still solid at ~$3.06M. That said, leverage has risen versus 2023 (debt-to-equity ~0.19), and returns to shareholders turned negative in 2024 (ROE ~-3.8%) after a very strong 2023. The balance sheet looks workable, but improving consistency in profitability is important to keep leverage comfortable.

Cash Flow

Cash generation improved, with positive operating cash flow of ~$0.36M and positive free cash flow of ~$0.18M in 2024 (a clear step up from negative free cash flow in 2023 and negative operating/free cash flow in 2022). Still, cash flow is not strongly aligned with earnings power: 2024 had a net loss while free cash flow was positive, and cash flow has shown meaningful swings over the last several years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.25M	9.01M	8.56M	9.74M	6.37M	4.99M
Gross Profit	4.43M	3.44M	2.97M	3.14M	1.98M	1.71M
EBITDA	-3.62M	45.00K	244.00K	389.00K	-7.00K	-1.25M
Net Income	-3.97M	-115.00K	1.04M	115.00K	-389.00K	-1.03M
Balance Sheet
Total Assets	7.76M	5.43M	4.81M	5.08M	4.67M	4.32M
Cash, Cash Equivalents and Short-Term Investments	3.25M	1.46M	1.30M	1.30M	1.46M	1.82M
Total Debt	0.00	1.14M	596.00K	763.00K	0.00	0.00
Total Liabilities	4.76M	2.37M	1.66M	2.98M	2.63M	2.09M
Stockholders Equity	3.00M	3.06M	3.15M	2.09M	2.04M	2.23M
Cash Flow
Free Cash Flow	-2.24M	179.00K	-21.00K	-75.00K	-987.00K	-942.00K
Operating Cash Flow	-2.21M	364.00K	165.00K	-24.00K	-877.00K	-900.00K
Investing Cash Flow	3.00K	-185.00K	-186.00K	-51.00K	-110.00K	8.00K
Financing Cash Flow	2.08M	0.00	0.00	0.00	684.00K	444.00K

CDTi Advanced Materials Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CDTI, the sentiment is Negative. The current price of 0.7 is below the 20-day moving average (MA) of 0.85, below the 50-day MA of 0.85, and below the 200-day MA of 0.88, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 42.38 is Neutral, neither overbought nor oversold. The STOCH value of 49.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CDTI.

CDTi Advanced Materials Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAAS	73 Outperform	$134.26M	3.97	9.19%	―	16.72%	5.35%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SYPR	52 Neutral	$74.16M	-29.89	-12.14%	―	-13.01%	21.49%
CDTI	49 Neutral	$3.49M	―	―	―	―	―
FRSX	44 Neutral	$6.52M	-0.03	―	―	-12.38%	60.99%
INEO	43 Neutral	$8.27M	-3.09	―	―	8.54%	-178.36%