BCHT
Birchtech Corp.
BCHT has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over BCHT overall, supported by stronger fundamentals and stronger modeled upside.
BCHT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Strong |
BCHT's balance sheet is currently strong, but its revenue, profitability and cash flow are under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
BCHT PE Valuation
BCHT has no meaningful PE right now: it lost money over the past year.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
BCHT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect BCHT's losses to shrink, with revenue growing.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
BCHT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.19 | +$0.03 |
| Q2 2026 | -$0.13 | +$0.16 |
| Q1 2026 | -$0.12 | +$0.39 |
| Q4 2025 | -$0.16 | +$0.39 |
| Q3 2025 | -$0.22 | -$0.21 |
| Q2 2025 | -$0.29 | -$0.25 |
| Q1 2025 | -$0.51 | -313% |
| Q4 2024 | -$0.55 | -283% |
BCHT has the edge over RDW on earnings, with more consistent year-over-year improvement.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
BCHT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.5M | -25% |
| Q2 2026 | $3.8M | +16% |
| Q1 2026 | $4.2M | +32% |
| Q4 2025 | $3.8M | -28% |
| Q3 2025 | $7.4M | +41% |
| Q2 2025 | $3.3M | -3.2% |
| Q1 2025 | $3.2M | -9.4% |
| Q4 2024 | $5.3M | +29% |
BCHT's revenue has slid since its 2022 peak: $6M last quarter, down 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -11% | -22 points |
| Q2 2026 | -43% | -6.4 points |
| Q1 2026 | -27% | +15 points |
| Q4 2025 | -35% | -27 points |
| Q3 2025 | 11% | +32 points |
| Q2 2025 | -36% | +70 points |
| Q1 2025 | -42% | +17 points |
| Q4 2024 | -7.5% | -239 points |
BCHT has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over BCHT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
BCHT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$837.5K | -367% |
| Q2 2026 | -$2.9M | -$1.2M |
| Q1 2026 | -$2.2M | -$1.9M |
| Q4 2025 | $958.4K | +$1.9M |
| Q3 2025 | $314.2K | +$1.1M |
| Q1 2025 | -$268.5K | +$170.7K |
| Q4 2024 | -$937.8K | -105% |
| Q1 2024 | -$439.2K | -156% |
BCHT has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
BCHT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -8.6K shares |
| 1 year | +37% | +7M shares |
| 3 years | +39% | +7.4M shares |
| 5 years | +56% | +9.5M shares |
| Available history | +72% | +11M shares |
BCHT has the edge over RDW on shareholder dilution, with a more favorable share count trend.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
BCHT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2024 | -1.6x | Net Cash |
| Q2 2024 | -1.7x | Net Cash |
| Q1 2024 | -1.4x | Net Cash |
| Q4 2023 | -3.2x | Net Cash |
BCHT has more cash than debt.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BCHT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.9 | Neutral |
| Stochastic | 14.3 | Oversold |
BCHT's weekly RSI is 38 (neutral) and its Stochastic is 14 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
BCHT PE vs Industrials Sector
| Metric | BCHT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
BCHT has no meaningful PE right now: it lost money over the past year.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
BCHT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.28 | 8.6% below |
| 20 week MA | $1.41 | 17% below |
| 50 week MA | $2.15 | 46% below |
| 100 week MA | $2.58 | 55% below |
| 200 week MA | $2.86 | 59% below |
BCHT is in a downtrend: it's below all five of its weekly moving averages, and 59% below its 200-week average.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
BCHT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.95 | $3.20 | +237% |
| 2021 | $3.20 | $2.90 | -9.4% |
| 2022 | $2.90 | $1.50 | -48% |
| 2023 | $1.50 | $4.60 | +207% |
| 2024 | $4.60 | $2.45 | -47% |
| 2025 | $2.45 | $3.75 | +53% |
| 2026 YTD | $3.75 | $1.17 | -69% |
BCHT's yearly returns have swung widely, from +237% in 2020 to −48% in 2022. It's down 69% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over BCHT on returns for 2026, with the stronger performance.