WallStSmart

Arq Inc (ARQ)vsDevvStream Corp. Common Stock (DEVS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Arq Inc generates 359776% more annual revenue ($122.14M vs $33,940). DEVS leads profitability with a 0.0% profit margin vs -43.9%. ARQ earns a higher WallStSmart Score of 40/100 (F).

ARQ

Hold

40

out of 100

Grade: F

Growth: 5.3Profit: 2.0Value: 5.7Quality: 6.0
Piotroski: 3/9Altman Z: 1.51

DEVS

Avoid

26

out of 100

Grade: F

Growth: 4.3Profit: 3.0Value: 5.0Quality: 3.8
Piotroski: 5/9Altman Z: -8.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARQUndervalued (+66.2%)

Margin of Safety

+66.2%

Fair Value

$11.25

Current Price

$2.60

$8.65 discount

UndervaluedFair: $11.25Overvalued

Intrinsic value data unavailable for DEVS.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARQ2 strengths · Avg: 9.5/10
Price/BookValuation
0.7x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.239/10

Conservative balance sheet, low leverage

DEVS0 strengths · Avg: 0/10

No standout strengths identified

Areas to Watch

ARQ4 concerns · Avg: 3.5/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Altman Z-ScoreHealth
1.514/10

Distress zone — elevated risk

Market CapQuality
$111.61M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

DEVS4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$7.68M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : ARQ

The strongest argument for ARQ centers on Price/Book, Debt/Equity.

Bull Case : DEVS

DEVS has a balanced fundamental profile.

Bear Case : ARQ

The primary concerns for ARQ are EPS Growth, Altman Z-Score, Market Cap.

Bear Case : DEVS

The primary concerns for DEVS are Revenue Growth, EPS Growth, Market Cap.

Key Dynamics to Monitor

ARQ profiles as a turnaround stock while DEVS is a value play — different risk/reward profiles.

ARQ carries more volatility with a beta of 2.70 — expect wider price swings.

ARQ is growing revenue faster at 6.6% — sustainability is the question.

ARQ generates stronger free cash flow (-598,000), providing more financial flexibility.

Bottom Line

ARQ scores higher overall (40/100 vs 26/100). Both earn "Hold" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Arq Inc

INDUSTRIALS · POLLUTION & TREATMENT CONTROLS · USA

Arq, Inc. produces activated carbon products in North America. The company is headquartered in Greenwood Village, Colorado.

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DevvStream Corp. Common Stock

INDUSTRIALS · POLLUTION & TREATMENT CONTROLS · USA

DevvStream Holdings Inc. is a carbon credit generation in Canada and the United States.

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