Akoustis Technologies, Inc. (AKTS)
Total Valuation
AKTS has a market cap or net worth of $60.45 million. The enterprise value is $78.47 million.
| Market Cap | 60.45M |
| Enterprise Value | 78.47M |
Important Dates
The next estimated earnings date is Tuesday, February 6, 2024, before market open.
| Earnings Date | Feb 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
AKTS has 72.48 million shares outstanding. The number of shares has increased by 26.51% in one year.
| Shares Outstanding | 72.48M |
| Shares Change (YoY) | +26.51% |
| Shares Change (QoQ) | +0.83% |
| Owned by Insiders (%) | 4.96% |
| Owned by Institutions (%) | 50.13% |
| Float | 64.75M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.12 |
| Forward PS | 1.57 |
| PB Ratio | 0.89 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 2.75 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.43, with a Debt / Equity ratio of 0.65.
| Current Ratio | 2.43 |
| Quick Ratio | 1.87 |
| Debt / Equity | 0.65 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -31.45 |
Financial Efficiency
Return on equity (ROE) is -77.50% and return on invested capital (ROIC) is -62.51%.
| Return on Equity (ROE) | -77.50% |
| Return on Assets (ROA) | -45.70% |
| Return on Capital (ROIC) | -62.51% |
| Revenue Per Employee | $128,631 |
| Profits Per Employee | -$290,968 |
| Employee Count | 222 |
| Asset Turnover | 0.20 |
| Inventory Turnover | 5.95 |
Taxes
| Income Tax | -2.39M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -70.11% in the last 52 weeks. The beta is 1.68, so AKTS's price volatility has been higher than the market average.
| Beta (1Y) | 1.68 |
| 52-Week Price Change | -70.11% |
| 50-Day Moving Average | 0.64 |
| 200-Day Moving Average | 1.92 |
| Relative Strength Index (RSI) | 55.53 |
| Average Volume (30 Days) | 652,467 |
Short Selling Information
The latest short interest is 7.51 million, so 10.35% of the outstanding shares have been sold short.
| Short Interest | 7.51M |
| Short Previous Month | 7.53M |
| Short % of Shares Out | 10.35% |
| Short % of Float | 11.59% |
| Short Ratio (days to cover) | 11.15 |
Income Statement
In the last 12 months, AKTS had revenue of $28.56 million and -$64.60 million in losses. Loss per share was -$0.95.
| Revenue | 28.56M |
| Gross Profit | -3.31M |
| Operating Income | -69.76M |
| Pretax Income | -66.99M |
| Net Income | -64.60M |
| EBITDA | -52.69M |
| EBIT | -64.92M |
| Loss Per Share | -$0.95 |
Balance Sheet
The company has $25.79 million in cash and $43.80 million in debt, giving a net cash position of -$18.02 million or -$0.25 per share.
| Cash & Cash Equivalents | 25.79M |
| Total Debt | 43.80M |
| Net Cash | -18.02M |
| Net Cash Per Share | -$0.25 |
| Equity / Book Value | 67.79M |
| Book Value Per Share | 0.94 |
| Working Capital | 22.69M |
Cash Flow
In the last 12 months, operating cash flow was -$42.94 million and capital expenditures -$10.64 million, giving a free cash flow of -$53.58 million.
| Operating Cash Flow | -42.94M |
| Capital Expenditures | -10.64M |
| Free Cash Flow | -53.58M |
| FCF Per Share | -$0.74 |
Margins
Gross margin is -11.60%, with operating and profit margins of -244.28% and -226.20%.
| Gross Margin | -11.60% |
| Operating Margin | -244.28% |
| Pretax Margin | -234.57% |
| Profit Margin | -226.20% |
| EBITDA Margin | -184.50% |
| EBIT Margin | -227.35% |
| FCF Margin | -187.63% |
Dividends & Yields
AKTS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | -106.85% |
| FCF Yield | -88.63% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -26.51% |
| Shareholder Yield | -26.51% |
Analyst Forecast
The average price target for AKTS is $3.25, which is 289.69% higher than the current price. The consensus rating is "Buy".
| Price Target | $3.25 |
| Price Target Difference | 289.69% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
AKTS has an Altman Z-Score of -3.84 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -3.84 |
| Piotroski F-Score | 4 |