One & one Green Technologies. INC

YDDLdata completeness 88%3 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'interestExpense'

The thesis, from the filings

One & one Green Technologies. INC earns about 33% on invested capital, far above its ~9% cost of capital, with a roughly flat share count — a real edge showing up in the numbers. The estimate methods put fair value between $0.09 and $1.28 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2023FY 2024FY 2025
Revenue$41.3M1$53.5M1$65.8M1
Net income$5.57M2$6.48M2$11.8M2
Operating cash flow$4.06M3$2.01M3−$9.73M3
Capital expenditure$3.84M4$11,5424$29,5914
Free cash flow (derived)$224,9943$2M3−$9.76M3
Total debt
Cash & equivalents$136,4795$1.85M6$957,2856
Diluted shares52.0M52.0M52.4M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
$7.98
your share of equity
Profit it earned you last year
$2.25
Free cash flow it threw off
−$1.86
Debt you’d be carrying

10 shares is a claim on $7.98 of net worth that earned you $2.25 and generated −$1.86 of cash last year.

iii. Is this a good business?
Moat signal · return on invested capital
33% avg · 3y
FY23 37%FY24 34%FY25 29%

It earned about 33% on invested capital, year after year, against a ~9% cost of capital — the footprint of real pricing power. Competition usually drags returns like this back down; here it hasn't.

seeing a moat in the numbers →
Management signal · capital allocation
+1% shares · 3y

Share count is roughly flat over 3 years — little dilution, little buyback.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0

The 3 estimate methods that apply put fair value between $0.09 and $1.28 a share. They rest on different assumptions, so where they diverge is the story; the Graham Number is a stricter floor, not a target.

DCF · Growth Exit 10Y
$0.1
assumptions (10)
  • riskFreeRate4.7%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears10
  • fcfGrowth5.0%
  • fcfBase$224,994
DCF · Growth Exit 5Y
$0.09
assumptions (10)
  • riskFreeRate4.7%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears5
  • fcfGrowth5.0%
  • fcfBase$224,994
Earnings Power Value
$1.28
assumptions (8)
  • riskFreeRate4.7%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$6.48M
  • growthAssumed0.0%
Graham Number
$2.01
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

v. The price question — last, on purpose
Is today’s price fair?
See live price ↗
Type a price. The ledger answers.
Or set your own belief
FCF growth, next 5 years5.0%
Discount rate (WACC)8.93%
Terminal growth2.5%
At your growth, a share is worth $0.09
The three cases
Bear0.0%$0.08
Base5.0%$0.09
Bull10.0%$0.11

Bear/base/bull growth = 0% / filed history / history + 5pp. Type a price to see the return each case implies.

Default growth 5.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.

Sources — the receipts
  1. 20-F · period ending 2023-12-31 · accession 0001213900-26-048051 (Revenues)
  2. 20-F · period ending 2023-12-31 · accession 0001213900-26-048051 (NetIncomeLoss)
  3. 20-F · period ending 2023-12-31 · accession 0001213900-26-048051 (NetCashProvidedByUsedInOperatingActivities)
  4. 20-F · period ending 2023-12-31 · accession 0001213900-26-048051 (PaymentsToAcquirePropertyPlantAndEquipment)
  5. 20-F · period ending 2023-12-31 · accession 0001213900-26-048051 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  6. 20-F · period ending 2024-12-31 · accession 0001213900-26-048051 (CashAndCashEquivalentsAtCarryingValue)