Revenue Decline And VolatilityA multi-year revenue decline and notable variability weaken scale economics for capital-equipment manufacturing. Persistent top-line contraction reduces fixed-cost absorption, raises unit economics risk, and makes investment planning and margin sustainability more uncertain across equipment cycles.
Sharp EPS DeteriorationA near-50% decline in EPS signals meaningful earnings volatility or one-off impacts that reduce retained earnings and reinvestment capacity. Weak EPS trends can pressure payout policies and constrain strategic spending, increasing execution risk for growth initiatives over the medium term.
Inefficient Cash Conversion To Free Cash FlowOnly converting ~30% of reported profit into free cash flow indicates working-capital or capex drains. Even with low leverage, poor cash conversion limits internal funding for capex and service expansion, making the company more sensitive to order-book swings and liquidity strains if revenues slip.