← Back to Stock Screener← Stock Screener

ZYBERNO

Stock Report

Updated Aug 23, 2026

Fly-E Group, Inc. (FLYE)

Industrial • NASDAQ

$1.67

Professional Investment Analysis

ZYBERNO SCORE →

Is it a great business? Is it getting better?

14.0/100

POOR BUSINESS

Fly-E Group, Inc. (FLYE) scores 14/100 — concerning metrics indicating significant structural or financial risks.

📊 How is the Zyberno Score calculated? +

The Zyberno Score answers one question: "Is this a quality business worth owning?" It's a 0-100 investment grade that evaluates business fundamentals across four critical dimensions, based on principles from Warren Buffett, Benjamin Graham, Peter Lynch, and Charlie Munger.

The 4 Core Categories (25 points each):

1. PROFITABILITY (25 pts)

Metrics: ROE, ROIC, Net Margin, Operating Margin
Thresholds: ROE >20% excellent • ROIC >20% excellent • Net Margin >20% excellent • Operating Margin >25% excellent

2. FINANCIAL STRENGTH (25 pts)

Metrics: Debt-to-Equity, Current Ratio, Interest Coverage, Altman Z-Score
Thresholds: D/E <0.3 excellent • Current Ratio >2.5 excellent • Interest Coverage >10x excellent • Altman Z >3.0 safe

3. CASH FLOW QUALITY (25 pts)

Metrics: Free Cash Flow, OCF vs Net Income, FCF Margin
Thresholds: Positive & growing FCF excellent • OCF/NI >1.2x excellent (cash earnings exceed accounting)

4. GROWTH & CONSISTENCY (25 pts)

Metrics: Revenue Growth, Net Income Growth, FCF Growth, Piotroski F-Score
Thresholds: Growth via log-linear regression • Piotroski 8-9 excellent, 6-7 good

Score Interpretation:

75-100

GREAT BUSINESS

65-74

GOOD BUSINESS

50-64

AVERAGE BUSINESS

30-49

WEAK BUSINESS

0-29

POOR BUSINESS

→ View full FLYE quality analysis & detailed breakdown

VALUATION SIGNAL

N/A (Requires more data)

Requires fair value calculation and current price data

💰 How is Margin of Safety calculated? +

Margin of Safety measures how much discount or premium you're paying relative to a stock's intrinsic value. It's Benjamin Graham's core principle: the larger the margin, the lower your downside risk.

Formula: (Intrinsic Value − Current Price) ÷ Intrinsic Value × 100%

How We Calculate Intrinsic Value (DCF Method):

Step 1: Calculate current Owner Earnings (OCF − Maintenance CapEx)

Step 2: Calculate company-specific growth rate using log-linear regression on 16 quarters of Owner Earnings

Step 3: Project 10 years forward using the calculated growth rate

Step 4: Discount each year's cash flow to present value using 10% discount rate

Step 5: Calculate terminal value using 3% perpetual growth rate

Step 6: Sum all discounted cash flows = Intrinsic Value

What The Percentages Mean:

+50% or more

EXCELLENT — Very undervalued

+25% to +50%

GOOD — Attractive discount

0% to +25%

FAIR — Reasonable value

0% to -25%

CAUTION — Slight premium

-25% or worse

POOR — Overvalued

"Price is what you pay, value is what you get." — Warren Buffett

→ View full FLYE valuation analysis · → View full FLYE Brina Gap analysis

📈 How is Brina Gap calculated? +

Brina Gap measures the difference between the growth a business can fundamentally sustain and the growth the market is already pricing in.

Formula: Fundamental Growth Rate − Market-Implied Growth Rate

The Two Components:

Fundamental Growth Rate = ROIC × Reinvestment Rate

What the business can sustainably grow at based on how much it reinvests and what return it earns on that capital. Grounded in historical financials.

Market-Implied Growth Rate = Reverse DCF

The growth rate the current Enterprise Value implicitly assumes. Calculated by back-solving a 10-year DCF model (10% WACC, 3% terminal growth) until the present value of projected cash flows equals EV.

What The Gap Means:

Gap > +5% Market Underestimates — potential upside

+2% to +5% Slight Underestimate

-2% to +2% Fairly Priced — market consensus matches fundamentals

-5% to -2% Slight Overestimate

Gap < -5% Market Overestimates — price embeds optimism fundamentals don't support

A positive gap (market underestimates) combined with a positive Margin of Safety is the strongest combined signal — the business is both cheap historically and forward economics are stronger than the price suggests.

Critical Financial Health Indicators

Return on Equity (Profitability):CRITICAL (-54.9%)

Debt-to-Equity (Solvency Risk):GOOD (0.55x)

Operating Margin (Operational Efficiency):CRITICAL (-33.8%)

Return on Capital (Capital Efficiency):CRITICAL (-21.6%)

📊 Valuation Trilogy

Three interconnected metrics for complete valuation analysis

Click any metric for full methodology and detailed analysis

Zyberno's Verdict

Fly-E Group, Inc. (FLYE) stock report — Zyberno Score 14/100 (POOR BUSINESS). Full financial analysis on Zyberno.

Over the trailing twelve months, FLYE generated -$14.12M in Owner Earnings. Capital was deployed as follows: $74.61K invested in capital expenditures. Reinvestment rate: 13.4%.

DIVISION I: EXECUTIVE SUMMARY

A. Market Valuation

Market Price & Capitalization (2)

Current Price:1.67

Market Cap:$1.85M

Valuation Multiples (3)

P/B Ratio:0.11x

P/S Ratio:0.10x

Peg Ratio:-999.00x

Enterprise Metrics (1)

Enterprise Value:$6.79M

B. Profitability Assessment

Return Metrics (5)

ROE:

-54.9%

📊 Click to view full FLYE ROE analysis →

ROA:-28.7%

Roic:

-21.6%

📊 Click to view full FLYE ROIC analysis →

Reinvestment Rate:13.4%

Fundamental Growth Rate (g):-2.9%

Margin Analysis (3)

Operating Margin Ttm:-33.8%

Net Margin Ttm:-48.6%

Ebitda Margin:-29.0%

TTM Performance (3)

Gross Margin Ttm:24.4%

Operating Margin Ttm:-33.8%

Net Margin Ttm:-48.6%

Yield Metrics (2)

Earnings Yield:-$486.28

Dividend Yield:0.0%

C. Log-Linear Regression Growth Trends

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):-26.5%

D. Financial Stability

Liquidity Ratios (3)

Current Ratio:2.47x

Quick Ratio:2.13x

Cash Ratio:0.37x

Leverage Analysis (3)

Debt To Equity Ttm:0.55x

Debt-to-Equity Ratio:0.55x

Debt To Ebitda:-999.00x

Coverage Ratios (1)

Times Interest Earned:-999.00

Capital Structure (4)

Working Capital:10,007,577.00

Cash And Cash Equivalents:2,538,076.00

Long Term Debt:$5.98M

Net Debt:$4.94M

DIVISION II: FINANCIAL STATEMENTS ANALYSIS

A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $19.06M

Linear Growth: -26.5%

📊 Click to view full FLYE Revenue analysis & methodology →

Cost Of Revenue Ttm:$14.40M

Profitability Breakdown (2)

Gross profit TTM: $4.66M

Linear Growth: -50.0%

📊 Click to view full FLYE Gross Profit analysis & methodology →

-$6.44M

Bottom Line Performance (3)

-$9.26M

Income Before Tax:-$8.93M

Ebitda Ttm:-5,525,631.00

Operating Expenses (5)

Operating Expenses:11,097,343.00

R And D Expense:549,368.00

Sga Expense:7,618,603.00

Income Tax Expense:$328.68K

Interest Expense:-1,806,085.00

Expense Ratios (3)

R And D To Revenue Percentage:7.7%

Sga To Revenue Percentage:106.2%

Ebitda Margin:-29.0%

B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$29.49M

Current Assets:$16.81M

Ppe Net:5,792,915.00

Goodwill:0.00

Intangible Assets:$431.19K

Liability Structure (4)

Total Liabilities:12,050,688.00

Current Liabilities:6,802,921.00

Long Term Debt:$5.98M

Short Term Debt:$1.51M

Equity & Capital (3)

Equity:$17.44M

Retained Earnings:-$10.15M

Common Stock:300,000,000.00

Working Capital Items (3)

Accounts Receivable:7,049,592.00

Inventory:2,334,484.00

Accounts Payable:433,188.00

Special Items (2)

Contract Liabilities:0.00

Stock Based Compensation:0.00

C. Cash Flow Analysis

Operating Activities (2)

-$13.85M-$13.92M

Investment Activities (2)

Investing Cash Flow:-$205.53K

Capital Expenditures Ttm:74,609.00

Financing Activities (3)

Financing Cash Flow:-$8.64K

Dividends Paid Ttm:0.00

Stock Repurchase:0.00

Capital Transactions (3)

Common Stock Issuance:17,369,558.00

Long Term Debt Issuance:$0.00

Long Term Debt Repayments:$74.55K

Non-Cash Items (1)

Depreciation Amortization Ttm:912,638.00

DIVISION III: OPERATIONAL METRICS

A. Per Share Analysis

Earnings Per Share (2)

EPS (Basic TTM):-8.38

Earnings Per Share Ttm:-$8.38

Revenue & Cash Per Share (2)

Sales Per Share Ttm:17.26

Operating Cash Flow Per Share:-$12.54

Book Value & Capital (2)

Book Value Per Share:$15.79

Cash Per Share:2.30

Dividend Policy (1)

Dividend Payout Ratio:-999.00x

B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.59x

Working Capital Turnover Ttm:1.90x

Receivables Management (2)

Receivables Turnover Ttm:2.70x

Days Sales Outstanding Ttm:134.98

Inventory Management (2)

Inventory Turnover Ttm:6.17x

Days Inventory Outstanding Ttm:59.16

Payables & Cash Cycle (2)

Days Payable Outstanding:10.98

Cash Conversion Cycle:183.15

C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:80.00

Quality Score:35.00

Market Metrics (2)

Beta:0.00x

Volatility Category:unknown

DIVISION IV: INVESTMENT ANALYSIS

A. Value Investment Framework

Owner Earnings Analysis (1)

-$14.12M

Damodaran Growth Analysis (2)

Reinvestment Rate:13.4%

Fundamental Growth Rate (g):-2.9%

B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (1)

Revenue Growth Rate (Linear):-26.5%

Other Growth Rates (2)

Gross Profit Growth Rate (Linear):-50.0%

Book Value Growth Rate (Linear):20.7%

C. Company Profile & Context

Corporate Information (6)

Symbol:FLYE

Company Name:Fly-E Group, Inc.

Sector:Industrial

Industry:Automotive

Exchange:NASDAQ

Country:United States

Market Classification (3)

Market Cap Category:N/A

Price Category:low

Volume Category:N/A

Share Structure (3)

Shares Outstanding:1.10M

Shares Outstanding Basic:1.10M

Shares Outstanding Diluted:1.10M

Data Processing Info (3)

Processing Version:v3.0

Last Updated:2026-08-23 11:01:20 UTC

Data Timestamp:2026-08-22T10:45:55.642067