# XMax share price today (XMax Inc., XMAX)

> XMax Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. XMAX · Consumer Discretionary · Furnishings, Fixtures & Appliances · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/xmax

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## Key numbers

- Price: $4.20 (−24.5% in a year)
- P/E: 5.8×, against its own history
- Revenue (Jun 2026): $2.7 M (+7.1% on a year ago)
- Profit (Jun 2026), incl. one-off: $32.4 M (one-off item, see below)
- Operating margin: −44.5% (−36.8 points on a year ago)
- ROE: −12%, FY25

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the XMax share price today? XMax Inc.'s share price was $4.20 at the close on 3 November 2026. It has been moving sideways for 2 weeks. That is 46.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $4 and $9, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 7 weeks running. Over the last 10 years the share price moved −65% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does XMax pay? XMax Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is XMax on? XMax is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is XMax profitable? XMax Inc. earned $32.4 M of net profit in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $3.4 M. That is 1,184.8% of the quarter's revenue. The same quarter a year earlier lost $290 K. 10 of the last 12 reported quarters were loss-making. Read this profit with care: at $32.4 M it is bigger than the quarter's whole revenue of $2.7 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −44.5% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does XMax make, and is it growing? XMax Inc. reported $2.7 M of revenue in the Jun 2026 quarter, +7.1% on the same quarter a year earlier. Over 4 years it has grown 7.4% a year on average. The last full year, FY25, came in at $16.7 M. The last four reported quarters add to $16.1 M. FY25 revenue was $16.7 M, +72.6% on the year before. Recent pace: the last four quarters grew +59.0% on average, against 7.4% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +63.5%, against +27.9% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does XMax keep? XMax Inc.'s operating margin was −44.5% in the Jun 2026 quarter, 36.8 percentage points lower than the same quarter a year ago. Across 5 years it has been between −127.3% and −11.5%. The latest quarter is within that range. Why the margin moved: operating margin changed −36.8 percentage points on the year while gross margin changed −10.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is XMax's profit turning into cash? XMax Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $446 K of cash, against −$3.4 M of profit. After null of spending on assets, free cash was −$446 K: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does XMax's cash go? XMax Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $134 K on assets over the last 3 years. Averaged over those years that is 0.3% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $134 K over the last 3 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is XMax's P/E ratio, and how does it compare with its own history? XMax Inc.'s P/E is 5.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the XMax business getting better or worse? XMax Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does XMax earn on its capital? XMax Inc. earned a ROE of −12% in FY25. That is up from a low of −1,557% in FY23. Its return on capital used (ROIC) is 15.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −20.4% net margin and 0.47× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −20.4% net margin × 0.47× asset turnover × 1.27× leverage (assets divided by equity) ≈ −12.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: −4.6% − 11.3% = −15.9 percentage points. The 11.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −4.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −11.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does XMax have too much debt? XMax Inc. has total debt of $5.6 M against shareholder equity of $106 M as of Jun 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.15 in FY21 to 0.22 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the XMax shareholding pattern? 15.8% of XMax Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 14.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is XMax from balance-sheet trouble? For XMax Inc., the Z-score is 10.85. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 10.85 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does XMax rank in its industry? 33.1 out of 100, rank 19 of 21 in Furnishings, Fixtures & Appliances, with 64% of the evidence available. XMax Inc. scores 33.1 out of 100 against the 21 companies it is compared with in Furnishings, Fixtures & Appliances, ranking 19. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20.1 + 3.1 + 9.4 + 0.5 = 33.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is XMax compared with? XMax ranks 19 of 21 Furnishings, Fixtures & Appliances companies on the 4-Factor Sector Score, with 33.1 out of 100. 1. [SharkNinja, Inc.](https://www.sectoralpha.in/us/stocks/sn) SN · leader · Most evidence points up · 81% evidence 73.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 17.5% · Profit 33.9% · Operating margin change -1.5 points · 83% evidence Capital efficiency 20.4/25 · ROCE 25.4% · Operating margin 10.2% · 76% evidence Valuation 10.2/20 · P/E 31× · PEG 0.92 · 65% evidence Relative strength 19.5/20 · Lead over its industry 44.2% · Lead over S&P 500 47.2% · 1 year 127.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.9 + 20.4 + 10.2 + 19.5 = 73 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Flexsteel Industries, Inc.](https://www.sectoralpha.in/us/stocks/flxs) FLXS · losing its lead · Most evidence points up · 81% evidence 71.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 3.9% · Profit 65% · Operating margin change 5.2 points · 83% evidence Capital efficiency 18.9/25 · ROCE 23.9% · Operating margin 14.2% · 76% evidence Valuation 13.7/20 · P/E 12× · PEG 0.61 · 65% evidence Relative strength 12.2/20 · Lead over its industry 15.6% · Lead over S&P 500 18% · 1 year 111.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 26.3 + 18.9 + 13.7 + 12.2 = 71.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Interface, Inc.](https://www.sectoralpha.in/us/stocks/tile) TILE · breaking out · Too little evidence to rank firmly · 58% evidence 68.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue n/a · Profit n/a · Operating margin change 4.1 points · 45% evidence Capital efficiency 18.9/25 · ROCE 18.5% · Operating margin 18.6% · 76% evidence Valuation 10.2/20 · P/E 14.2× · PEG n/a · 15% evidence Relative strength 15.8/20 · Lead over its industry 12% · Lead over S&P 500 14.7% · 1 year 47.3% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.7 + 18.9 + 10.2 + 15.8 = 68.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Somnigroup International Inc.](https://www.sectoralpha.in/us/stocks/sgi) SGI · turning · Evidence leans up · 81% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Revenue 27.1% · Profit 97.8% · Operating margin change 0.7 points · 83% evidence Capital efficiency 15.1/25 · ROCE 11.5% · Operating margin 11.1% · 76% evidence Valuation 12.2/20 · P/E 30.9× · PEG 0.53 · 65% evidence Relative strength 6.8/20 · Lead over its industry -21.7% · Lead over S&P 500 -19.3% · 1 year -28.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.9 + 15.1 + 12.2 + 6.8 = 62 · What this means: Earnings are strong; relative strength in its sector is -21.7% and the one-year return is -28.4%. 5. [Mohawk Industries, Inc.](https://www.sectoralpha.in/us/stocks/mhk) MHK · breaking out · Too little evidence to rank firmly · 58% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue n/a · Profit n/a · Operating margin change 3.1 points · 45% evidence Capital efficiency 12.0/25 · ROCE 7.7% · Operating margin 9.8% · 76% evidence Valuation 9.7/20 · P/E 15.7× · PEG n/a · 15% evidence Relative strength 17.7/20 · Lead over its industry 16.1% · Lead over S&P 500 19.1% · 1 year 33.7% · 100% evidence · 9 of 12 weeks ahead Exact sum: 21.9 + 12 + 9.7 + 17.7 = 61.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Hamilton Beach Brands Holding Company](https://www.sectoralpha.in/us/stocks/hbb) HBB · leader · Evidence leans up · 81% evidence 60.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Revenue -3.3% · Profit 84.4% · Operating margin change 1 points · 83% evidence Capital efficiency 14.1/25 · ROCE 13.5% · Operating margin 5.7% · 76% evidence Valuation 15.8/20 · P/E 5.4× · PEG 0.25 · 65% evidence Relative strength 14.4/20 · Lead over its industry 35.2% · Lead over S&P 500 38.2% · 1 year 135.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 16.6 + 14.1 + 15.8 + 14.4 = 60.9 · What this means: Relative strength against the index is 38.2%, and revenue and profit growth are weak. 7. [Alliance Laundry Holdings Inc.](https://www.sectoralpha.in/us/stocks/alh) ALH · basing · Evidence leans up · 65% evidence 58.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.4/35 · Revenue 10% · Profit 100% · Operating margin change 1.2 points · 83% evidence Capital efficiency 17.7/25 · ROCE 14% · Operating margin 22.2% · 76% evidence Valuation 9.0/20 · P/E 29.4× · PEG n/a · 15% evidence Relative strength 6.0/20 · Lead over its industry -11.6% · Lead over S&P 500 -9.1% · 1 year -15.9% · 70% evidence · 0 of 12 weeks ahead Exact sum: 25.4 + 17.7 + 9 + 6 = 58.1 · What this means: Earnings are strong; relative strength in its sector is -11.6% and the one-year return is -15.9%. 8. [Leggett & Platt, Incorporated](https://www.sectoralpha.in/us/stocks/leg) LEG · Evidence leans up · 61% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.7/43.75 · Revenue -8.1% · Profit 53.1% · Operating margin change 1.7 points · 83% evidence Capital efficiency 15.3/31.25 · ROCE 8.6% · Operating margin 8.4% · 76% evidence Valuation 19.9/25 · P/E 7.3× · PEG 0.14 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 22.7 + 15.3 + 19.9 = 57.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 9. Bassett Furniture Industries, Incorporated BSET · turning · Evidence leans down · 85% evidence 48.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.1/35 · Revenue 1.8% · Profit -12.5% · Operating margin change 2.6 points · 95% evidence Capital efficiency 7.8/25 · ROCE 3.6% · Operating margin 3.3% · 76% evidence Valuation 4.1/20 · P/E 23.9× · PEG 3.8 · 65% evidence Relative strength 19.0/20 · Lead over its industry 25.8% · Lead over S&P 500 28.9% · 1 year 57.7% · 100% evidence · 8 of 12 weeks ahead Exact sum: 17.1 + 7.8 + 4.1 + 19 = 48 · What this means: Relative strength against the index is 28.9%, and revenue and profit growth are weak. 10. [Ethan Allen Interiors Inc.](https://www.sectoralpha.in/us/stocks/etd) ETD · quiet · Evidence leans down · 81% evidence 47.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue -5.5% · Profit -23.1% · Operating margin change 2.5 points · 83% evidence Capital efficiency 13.3/25 · ROCE 8.1% · Operating margin 10.5% · 76% evidence Valuation 14.2/20 · P/E 14.3× · PEG 0.26 · 65% evidence Relative strength 6.7/20 · Lead over its industry -16% · Lead over S&P 500 -13.6% · 1 year -14.4% · 100% evidence · 2 of 12 weeks ahead Exact sum: 13.7 + 13.3 + 14.2 + 6.7 = 47.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 11. [MillerKnoll, Inc.](https://www.sectoralpha.in/us/stocks/mlkn) MLKN · quiet · Evidence leans down · 77% evidence 46.7 out of 100 Growth Capital Valuation Relative
12. [HNI Corporation](https://www.sectoralpha.in/us/stocks/hni) HNI · losing its lead · Too little evidence to rank firmly · 58% evidence 45.5 out of 100 Growth Capital Valuation Relative
13. Kewaunee Scientific Corporation KEQU · Evidence leans down · 65% evidence 45.0 out of 100 Growth Capital Valuation Relative
14. Lifetime Brands, Inc. LCUT · losing its lead · Evidence leans down · 64% evidence 43.0 out of 100 Growth Capital Valuation Relative
15. Hooker Furnishings Corporation HOFT · turning · Evidence leans down · 67% evidence 42.0 out of 100 Growth Capital Valuation Relative
16. Traeger, Inc. COOK · quiet · Evidence leans down · 64% evidence 38.5 out of 100 Growth Capital Valuation Relative
17. [The Lovesac Company](https://www.sectoralpha.in/us/stocks/love) LOVE · quiet · Evidence leans down · 77% evidence 37.7 out of 100 Growth Capital Valuation Relative
18. [La-Z-Boy Incorporated](https://www.sectoralpha.in/us/stocks/lzb) LZB · basing · Most evidence points down · 85% evidence 34.5 out of 100 Growth Capital Valuation Relative
19. XMax Inc. this page XMAX · quiet · Most evidence points down · 64% evidence 33.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 54.5% · Profit n/a · Operating margin change -36.8 points · 62% evidence Capital efficiency 3.1/25 · ROCE -2.8% · Operating margin -44.5% · 76% evidence Valuation 9.4/20 · P/E 19.4× · PEG n/a · 15% evidence Relative strength 0.5/20 · Lead over its industry -46.8% · Lead over S&P 500 -45.3% · 1 year -21.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.1 + 3.1 + 9.4 + 0.5 = 33.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 20. [Whirlpool Corporation](https://www.sectoralpha.in/us/stocks/whr) WHR · basing · Most evidence points down · 64% evidence 28.3 out of 100 Growth Capital Valuation Relative
21. [MasterBrand, Inc.](https://www.sectoralpha.in/us/stocks/mbc) MBC · basing · Most evidence points down · 71% evidence 26.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Furnishings, Fixtures & Appliances](https://www.sectoralpha.in/us/sectors/furnishings-fixtures-appliances), all 21 compared on one page. ## Which companies are close to XMax in size? XMax is the 15th largest of 17 Furnishings, Fixtures & Appliances companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: La-Z-Boy Incorporated, Ethan Allen Interiors Inc., Hamilton Beach Brands Holding Company and Flexsteel Industries, Inc. Just below it: The Lovesac Company and Lifetime Brands, Inc. ### Furnishings, Fixtures & Appliances companies close in size

1. [La-Z-Boy Incorporated](https://www.sectoralpha.in/us/stocks/lzb) $1.2 billion
2. [Ethan Allen Interiors Inc.](https://www.sectoralpha.in/us/stocks/etd) $511 million
3. [Hamilton Beach Brands Holding Company](https://www.sectoralpha.in/us/stocks/hbb) $439 million
4. [Flexsteel Industries, Inc.](https://www.sectoralpha.in/us/stocks/flxs) $304 million
5. XMax Inc. $271 million
6. [The Lovesac Company](https://www.sectoralpha.in/us/stocks/love) $229 million
7. [Lifetime Brands, Inc.](https://www.sectoralpha.in/us/stocks/lcut) $195 million

[All 17 Furnishings, Fixtures & Appliances companies, largest first](https://www.sectoralpha.in/us/sectors/furnishings-fixtures-appliances#all-companies)

### Companies close in size in other industries

1. [Bed Bath & Beyond, Inc.](https://www.sectoralpha.in/us/stocks/bbby) $415 million · Specialty Retail
2. [C4 Therapeutics, Inc.](https://www.sectoralpha.in/us/stocks/cccc) $415 million · Biotechnology
3. XMax Inc. $414 million
4. [TAT Technologies Ltd.](https://www.sectoralpha.in/us/stocks/tatt) $413 million · Aerospace & Defense
5. [Suja Life, Inc.](https://www.sectoralpha.in/us/stocks/suja) $411 million · Beverages - Non-Alcoholic

## What else do people ask about XMax? ### What were XMax's latest quarterly results? XMax Inc. reported revenue of $2.7 M and net profit of $32.4 M for the Jun 2026 quarter. Earnings per share were $0.53. The operating margin was −44.5%, 36.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is XMax's market cap? XMax Inc.'s market capitalisation is $271 M at a stock price of $4.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is XMax performing? XMax Inc.'s share price has been moving sideways for 2 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 7 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will XMax's stock price go up? This page does not forecast XMax Inc.'s stock price. What it shows instead: the stock price is $4.20, and it has been moving sideways for 2 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is XMax in its business cycle? XMax Inc.'s FY25 operating margin was −11.5%, against a 5-year range of −127.3% to −11.5%: the middle of its own range, neither a peak nor a low. The latest quarter was −44.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the XMax story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is XMax a stock worth studying right now? What the numbers show: XMax Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.