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Encision Inc. (ECIA) Stock Fundamental Analysis & AI Rating 2026

ECIA OTC Surgical & Medical Instruments & Apparatus CO CIK: 0000930775
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-09-30
Combined AI Rating
SELL
84% Confidence
AGREEMENT
STRONG SELL
85% Conf
SELL
83% Conf

📊 ECIA Key Takeaways

Revenue: $3.1M
Net Margin: -9.9%
Free Cash Flow: $-285.4K
Current Ratio: 2.28x
Debt/Equity: 0.08x
EPS: $-0.02
AI Rating: STRONG SELL with 85% confidence
Encision Inc. (ECIA) receives a SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.1M, net profit margin of -9.9%, and return on equity (ROE) of -16.6%, Encision Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete ECIA stock analysis for 2026.

Is Encision Inc. (ECIA) a Good Investment?

Claude

Encision Inc faces severe operational challenges with negative operating margins (-8.9%), negative net margins (-9.9%), and deteriorating profitability despite maintaining a healthy gross margin of 50.3%. The company is burning cash with negative operating cash flow (-$242.1K) and negative free cash flow (-$285.4K), while cash reserves are critically low at $71.7K, creating substantial solvency risk. Revenue contraction (-0.5% YoY) combined with inability to achieve profitability indicates fundamental business model stress.

ChatGPT

Encision shows weak fundamental momentum: revenue is essentially flat while profitability has turned negative, with operating, net, and free cash flow margins all below zero. The balance sheet is not heavily levered, but the very low cash balance and continued cash burn reduce financial flexibility and raise execution risk for a company of this size. Until it demonstrates sustained margin recovery and positive operating cash flow, the fundamentals remain unattractive.

Why Buy Encision Inc. Stock? ECIA Key Strengths

Claude
  • + Solid gross margin of 50.3% indicates reasonable pricing power and cost of goods control
  • + Healthy current ratio of 2.28x suggests adequate short-term liquidity for immediate obligations
  • + Low leverage with debt-to-equity ratio of 0.08x provides minimal default risk from debt obligations
ChatGPT
  • + Gross margin remains relatively solid at 50.3%, indicating the core product economics still have value
  • + Leverage is low, with debt/equity of 0.08x and limited long-term debt
  • + Current ratio of 2.28x suggests near-term obligations are manageable on paper

ECIA Stock Risks: Encision Inc. Investment Risks

Claude
  • ! Critical cash burn with negative operating cash flow and dangerously low cash balance ($71.7K) creates imminent liquidity crisis
  • ! Persistent unprofitability with negative operating income (-$278.3K) and negative net income (-$309.0K) indicates operational dysfunction
  • ! Revenue stagnation (-0.5% YoY) combined with inability to control operating expenses suggests deteriorating competitive position in medical device sector
  • ! Negative interest coverage ratio (-4.5x) indicates inability to service debt obligations from operations
  • ! Zero insider buying activity in last 90 days suggests lack of management confidence in company prospects
ChatGPT
  • ! Net income and operating income are negative, with net loss worsening materially year over year
  • ! Operating cash flow and free cash flow are negative, signaling weak earnings quality and internal funding pressure
  • ! Cash balance is extremely thin at $71.73K, while quick ratio of 0.91x points to tighter real liquidity than the current ratio suggests

Key Metrics to Watch

Claude
  • * Operating cash flow trend - any further deterioration accelerates insolvency risk
  • * Cash balance depletion rate and runway to require financing or restructuring
  • * Revenue stabilization and operating expense reduction to achieve profitability inflection
  • * Gross margin sustainability as potential indicator of market competitiveness
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Revenue growth paired with operating margin improvement

Encision Inc. (ECIA) Financial Metrics & Key Ratios

Revenue
$3.1M
Net Income
$-309.0K
EPS (Diluted)
$-0.02
Free Cash Flow
$-285.4K
Total Assets
$4.1M
Cash Position
$71.7K

💡 AI Analyst Insight

Strong liquidity with a 2.28x current ratio provides a solid financial cushion.

ECIA Profit Margin, ROE & Profitability Analysis

Gross Margin 50.3%
Operating Margin -8.9%
Net Margin -9.9%
ROE -16.6%
ROA -7.6%
FCF Margin -9.1%

ECIA vs Healthcare Sector: How Encision Inc. Compares

How Encision Inc. compares to Healthcare sector averages

Net Margin
ECIA -9.9%
vs
Sector Avg 12.0%
ECIA Sector
ROE
ECIA -16.6%
vs
Sector Avg 15.0%
ECIA Sector
Current Ratio
ECIA 2.3x
vs
Sector Avg 2.0x
ECIA Sector
Debt/Equity
ECIA 0.1x
vs
Sector Avg 0.6x
ECIA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Encision Inc. Stock Overvalued? ECIA Valuation Analysis 2026

Based on fundamental analysis, Encision Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-16.6%
Sector avg: 15%
Net Profit Margin
-9.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.08x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Encision Inc. Balance Sheet: ECIA Debt, Cash & Liquidity

Current Ratio
2.28x
Quick Ratio
0.91x
Debt/Equity
0.08x
Debt/Assets
54.0%
Interest Coverage
-4.46x
Long-term Debt
$152.0K

ECIA Revenue & Earnings Growth: 5-Year Financial Trend

ECIA 5-year financial data: Year 2021: Revenue $7.7M, Net Income -$198.3K, EPS N/A. Year 2022: Revenue $7.7M, Net Income $584.7K, EPS N/A. Year 2023: Revenue $7.7M, Net Income -$65.6K, EPS $-0.01. Year 2024: Revenue $7.3M, Net Income -$323.9K, EPS $-0.03. Year 2025: Revenue $6.6M, Net Income -$691.8K, EPS $-0.06.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Encision Inc.'s revenue has declined by 14% over the 5-year period, indicating business contraction. The most recent EPS of $-0.06 indicates the company is currently unprofitable.

ECIA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-9.1%
Free cash flow / Revenue

ECIA Quarterly Earnings & Performance

Quarterly financial performance data for Encision Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $1.5M -$148.2K $-0.01
Q1 2026 $1.6M $22.0K $0.00
Q3 2025 $1.6M -$24.7K $0.00
Q2 2025 $1.8M -$7.5K $0.00
Q1 2025 $1.6M $22.0K $0.00
Q3 2024 $1.6M -$207.1K $-0.02
Q2 2024 $1.7M -$7.5K $0.00
Q1 2024 $1.7M -$140.5K $-0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Encision Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$242.1K
Cash generated from operations
Capital Expenditures
$43.2K
Investment in assets
Dividends
None
No dividend program

ECIA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Encision Inc. (CIK: 0000930775)

📋 Recent SEC Filings

Date Form Document Action
Jan 29, 2026 8-K ecia_8k.htm View →
Dec 12, 2025 8-K ecia_8k.htm View →
Nov 20, 2025 4 xslF345X05/primary_doc.xml View →
Nov 20, 2025 4 xslF345X05/primary_doc.xml View →
Nov 20, 2025 4 xslF345X05/primary_doc.xml View →

Frequently Asked Questions about ECIA

What is the AI rating for ECIA?

Encision Inc. (ECIA) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ECIA's key strengths?

Claude: Solid gross margin of 50.3% indicates reasonable pricing power and cost of goods control. Healthy current ratio of 2.28x suggests adequate short-term liquidity for immediate obligations. ChatGPT: Gross margin remains relatively solid at 50.3%, indicating the core product economics still have value. Leverage is low, with debt/equity of 0.08x and limited long-term debt.

What are the risks of investing in ECIA?

Claude: Critical cash burn with negative operating cash flow and dangerously low cash balance ($71.7K) creates imminent liquidity crisis. Persistent unprofitability with negative operating income (-$278.3K) and negative net income (-$309.0K) indicates operational dysfunction. ChatGPT: Net income and operating income are negative, with net loss worsening materially year over year. Operating cash flow and free cash flow are negative, signaling weak earnings quality and internal funding pressure.

What is ECIA's revenue and growth?

Encision Inc. reported revenue of $3.1M.

Does ECIA pay dividends?

Encision Inc. does not currently pay dividends.

Where can I find ECIA SEC filings?

Official SEC filings for Encision Inc. (CIK: 0000930775) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ECIA's EPS?

Encision Inc. has a diluted EPS of $-0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ECIA a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Encision Inc. has a SELL rating with 84% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ECIA stock overvalued or undervalued?

Valuation metrics for ECIA: ROE of -16.6% (sector avg: 15%), net margin of -9.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ECIA stock in 2026?

Our dual AI analysis gives Encision Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ECIA's free cash flow?

Encision Inc.'s operating cash flow is $-242.1K, with capital expenditures of $43.2K. FCF margin is -9.1%.

How does ECIA compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -9.9% (avg: 12%), ROE -16.6% (avg: 15%), current ratio 2.28 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-09-30 | Powered by Claude AI