MKDWELL Tech (MKDW) AI Stock Analysis

• Market Cap: $13.60M
• Dividend Yield: N/A
• Average Volume (3M): 451.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.92
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 88
• Sector: Technology
• Sector Strength: 88
• Industry: Auto - Parts
• EPS (TTM): N/A
• Shares Outstanding: 4,787,312
• 10 Day Avg. Volume: 333,965
• 30 Day Avg. Volume: 451,153
• PEG Ratio: -3.01
• Price to Book (P/B): -112.71
• Price to Sales (P/S): 237.34
• P/FCF Ratio: -150.78
• Enterprise Value/Market Cap: 1.40
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: 266.07
• 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: 41 Neutral
• Price Target: $3.00 ▲(1566.67% Upside)

The score is driven primarily by severe financial weakness (declining revenue, ongoing losses, negative equity, and negative operating/free cash flow). Technicals also weigh heavily, with the price below all key moving averages and negative MACD, despite oversold RSI/Stoch offering only limited near-term relief. Valuation provides little support because P/E and dividend yield data are unavailable.

Positive Factors

Recent strong H1 2025 revenue growth

A 68% YoY rise in H1 2025 revenue shows the company can grow top line from new orders and operations. Sustained revenue expansion supports scale economics, helps absorb fixed costs, and provides a foundation to pursue margin improvement and diversified customer wins over months.

Mass-production orders from a key strategic customer

Securing mass-production orders from a strategic customer indicates validated product-market fit and predictable volume demand. This provides durable revenue visibility, enables manufacturing scale, and can improve negotiating leverage with suppliers and margins if maintained or broadened to other customers.

Proactive share combination to restore Nasdaq compliance

Implementing a 30-for-1 reverse split and related corporate changes is a structural capital-action to avoid delisting and stabilize capital structure. Maintaining listing preserves access to public markets for financing and liquidity, reducing existential regulatory risk over the medium term.

Negative Factors

Negative shareholders' equity

Negative equity signals solvency weakness and that liabilities exceed assets, limiting the firm's financial flexibility. Over months this constrains borrowing capacity, increases refinancing risk, and may force dilutive financing or restructuring, undermining long-term operational plans.

Persistent negative operating and free cash flow

Ongoing cash burn from negative operating and free cash flow means the business cannot self-fund growth or cover obligations. Reliance on financing or forbearance is unsustainable long-term, raising liquidity and covenant risks and limiting ability to invest in product development or customer expansion.

Declining revenue trend and sustained losses

A multi-year decline in revenue combined with negative gross and EBITDA margins indicates structural demand or pricing issues and poor unit economics. Persistent losses impede reinvestment, make margin recovery harder, and increase dependence on a few customers or one-off measures to stabilize results.

MKDWELL Tech Business Overview & Revenue Model

Company Description

MKDWELL Tech Inc. is a holding company, which engages in the manufacture and supply of electronic equipment for vehicles through its subsidiaries. The company was founded on July 25, 2023 and is headquartered in Road Town, British Virgin Islands.

How the Company Makes Money

MKDW generates revenue primarily through the sale of its smart home products and IoT devices, which are sold directly to consumers and through retail partnerships. The company also offers subscription-based services for enhanced features and ongoing support, creating a recurring revenue stream. Additionally, MKDW collaborates with construction firms and real estate developers to integrate its technology into new builds, providing a significant source of income through bulk contracts. Strategic partnerships with telecommunications companies further bolster its market presence, allowing for bundled offerings that attract more customers and increase sales.

MKDWELL Tech Financial Statement Overview

Summary

Very weak fundamentals: revenues are declining sharply, profitability is negative (gross and net margins), and EBIT/EBITDA remain loss-making. The balance sheet shows negative shareholders’ equity (solvency risk), and cash flow is also negative with reliance on financing rather than operations.

Income Statement

MKDWELL Tech has been experiencing a declining trend in revenue over the years, with a significant drop from 2023 to 2024. Both gross profit and net income margins are negative, indicating persistent operational challenges. The company's EBIT and EBITDA margins also reflect ongoing losses, suggesting difficulties in achieving profitability.

Balance Sheet

The company has a negative stockholders' equity, highlighting financial instability and high leverage. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio is negative, indicating that liabilities far exceed assets. This points to a precarious financial position with potential solvency risks.

Cash Flow

MKDWELL Tech has shown negative operating and free cash flows, which indicate challenges in generating cash from operations. The company’s financing activities seem to be the primary source of cash, which may not be sustainable long-term. The negative free cash flow to net income ratio further emphasizes cash flow difficulties.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	2.00M	3.67M	3.15M	3.27M
Gross Profit	0.00	165.67K	673.73K	1.02M	525.29K
EBITDA	71.41K	-2.22M	-1.26M	-298.94K	-385.19K
Net Income	-92.61K	-2.52M	-1.59M	-1.26M	-1.29M
Balance Sheet
Total Assets	21.89M	8.89M	9.17M	8.13M	9.87M
Cash, Cash Equivalents and Short-Term Investments	19.55K	542.59K	924.43K	417.01K	493.44K
Total Debt	0.00	8.15M	6.38M	4.57M	4.90M
Total Liabilities	3.58M	14.07M	8.84M	6.60M	9.89M
Stockholders Equity	18.31M	-4.21M	595.84K	752.48K	-15.41K
Cash Flow
Free Cash Flow	-757.33K	-3.15M	-2.08M	-563.41K	-1.72M
Operating Cash Flow	-757.33K	-3.11M	-1.32M	-129.86K	-717.26K
Investing Cash Flow	39.29M	-834.94K	-1.30M	-428.13K	-1.01M
Financing Cash Flow	-38.52M	3.58M	3.14M	605.70K	1.48M

MKDWELL Tech Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MKDW, the sentiment is Negative. The current price of 0.18 is below the 20-day moving average (MA) of 4.04, below the 50-day MA of 5.04, and below the 200-day MA of 6.64, indicating a bearish trend. The MACD of -0.71 indicates Positive momentum. The RSI at 21.25 is Positive, neither overbought nor oversold. The STOCH value of 9.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MKDW.

MKDWELL Tech Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SYPR	52 Neutral	$83.37M	-33.43	-12.14%	―	-13.01%	21.49%
WKSP	49 Neutral	$17.96M	-0.49	-95.07%	―	123.37%	44.08%
CREV	46 Neutral	$3.02M	―	―	―	―	―
FRSX	44 Neutral	$7.57M	-0.04	―	―	-12.38%	60.99%
INEO	43 Neutral	$8.64M	-3.35	―	―	8.54%	-178.36%
MKDW	41 Neutral	$13.60M	―	-266.79%	―	―	―

MKDWELL Tech Corporate Events

MKDWELL Tech Consolidates Share Capital and Adopts New No-Par-Value Structure

On January 26, 2026, MKDWELL Tech Inc. implemented an amended and restated memorandum and articles of association in the British Virgin Islands to redesignate all existing ordinary and preferred shares from a par value of US$0.0001 to no par value and to execute a thirty‑to‑one share combination for its ordinary shares and Class A preferred shares. The share consolidation reduced the company’s issued ordinary shares from 141,039,933 to approximately 4,701,369 and cut outstanding ordinary shares from 106,459,933 to about 3,548,702, with fractional positions rounded up to the nearest whole share at the participant level. At the same effective time, MKDWELL made proportional adjustments to its outstanding warrants, convertible promissory note conversion price, and other conversion rights to reflect the new share ratio, a move that simplifies the capital structure and may support future capital markets activity and share price management for existing shareholders and potential investors.

The most recent analyst rating on (MKDW) stock is a Hold with a $0.12 price target. To see the full list of analyst forecasts on MKDWELL Tech stock, see the MKDW Stock Forecast page.

MKDWELL Tech to Implement 30-for-1 Share Combination to Support Nasdaq Compliance

On January 9, 2026, the board of MKDWELL Tech Inc. approved a redesignation of its ordinary and multiple classes of preferred shares from par value to no par value and a thirty-to-one share combination affecting its ordinary shares and Class A preferred shares, with the corporate changes to be implemented through amended and restated governing documents in the British Virgin Islands. The share combination, which will take effect at 9:00 a.m. Eastern Time on January 26, 2026, will reduce the company’s issued ordinary shares from about 141.0 million to roughly 4.7 million and outstanding ordinary shares from about 106.5 million to approximately 3.55 million, with no fractional shares issued and participant-level holdings rounded up, and will be accompanied by proportionate adjustments to outstanding warrants, a convertible promissory note and related conversion rights. MKDWELL’s ordinary shares will continue trading on the Nasdaq Capital Market under the symbol “MKDW” but on a split-adjusted basis from January 26, 2026, under a new CUSIP, as the company undertakes this reverse split as a proactive measure to regain compliance with Nasdaq’s continued listing requirements and to strengthen its long-term capital structure, affecting existing shareholders and holders of derivative securities through consolidation of equity and changes in exercise and conversion terms.

The most recent analyst rating on (MKDW) stock is a Hold with a $0.15 price target. To see the full list of analyst forecasts on MKDWELL Tech stock, see the MKDW Stock Forecast page.

MKDWELL Tech Launches US$7 Million Share Buyback Amid Market Volatility

On December 21, 2025, MKDWELL Tech Inc. entered into stock repurchase agreements with certain shareholders to buy back 34,580,000 ordinary shares at US$0.203 per share, for a total of about US$7 million, in a privately negotiated transaction, with closing expected within five business days of that date and the repurchased shares to be held as treasury stock. Announced on January 2, 2026, the move is framed by Chairman and CEO Ming-Chia Huang as a response to recent market conditions that he believes undervalue the company’s business model and long-term growth prospects, and as a signal of confidence in MKDWELL’s strategic direction amid macroeconomic volatility and new U.S. tariffs, aimed at supporting shareholder value while the company continues to focus on AIoT-based automotive and smart home solutions.

The most recent analyst rating on (MKDW) stock is a Hold with a $0.20 price target. To see the full list of analyst forecasts on MKDWELL Tech stock, see the MKDW Stock Forecast page.

MKDWELL Tech Posts Strong First-Half 2025 Revenue Growth but Margins Remain Under Pressure

On December 29, 2025, MKDWELL Tech Inc. reported unaudited financial results for the six months ended June 30, 2025, showing total revenue of US$1.37 million, up 68.3% year on year, driven mainly by a doubling of sales of manufactured electronic products and strong growth in commissioned processing services. Despite the top-line expansion and a 32.8% rise in gross profit to US$0.09 million, gross margin compressed to 6.5% as sales to major customers became less profitable, while rental and other ancillary revenues dropped sharply after a lease contract expired. Operating loss narrowed slightly to US$1.48 million and net loss edged down 1.5% to US$1.70 million as higher selling and R&D expenses were partially offset by lower general and administrative costs and improved other income, though interest expense rose on a late-2024 convertible note. Management highlighted increased mass-production orders from a key strategic customer as the main driver of volume growth and signaled that adding new customers remains critical to further improving performance and narrowing losses.

The most recent analyst rating on (MKDW) stock is a Hold with a $0.20 price target. To see the full list of analyst forecasts on MKDWELL Tech stock, see the MKDW Stock Forecast page.

MKDWELL Tech Secures Forbearance Agreement Amid Financial Challenges

On December 2, 2025, MKDWELL Tech Inc. entered into a Forbearance and Standstill Agreement with Streeterville Capital, LLC, following a default on a convertible promissory note issued in November 2024. The agreement temporarily halts the investor’s enforcement rights and extends the note’s maturity date to June 9, 2026, with specific conditions for monthly payments and conversion rights. This move aims to stabilize MKDWELL Tech’s financial obligations and maintain investor relations amidst operational challenges.

The most recent analyst rating on (MKDW) stock is a Hold with a $0.20 price target. To see the full list of analyst forecasts on MKDWELL Tech stock, see the MKDW Stock Forecast page.