ETS

Fundamental analysis reveals subpar positioning with critical ratios such as Current liabilities/Total liabilities at 86.39% (group 4, score 0) and Days sales outstanding at 7.72 days (group 1, score 1). Metrics like Annualized return on equity (-8.18%) and Current assets turnover (0.28) remain in low-performing groups, indicating operational inefficiencies and liquidity risks. The Asset-MV factor is negative (-0.51), further signaling asset overvaluation relative to market peers. Composite outlook is constrained, aligning with the Underperform fundamental rating.