Akoustis Technologies Stock Return On Asset
| AKTS Stock | USD 0.11 0.01 12.24% |
Akoustis Technologies fundamentals help investors to digest information that contributes to Akoustis Technologies' financial success or failures. It also enables traders to predict the movement of Akoustis Stock. The fundamental analysis module provides a way to measure Akoustis Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Akoustis Technologies stock.
Return On Assets is likely to drop to -2.83 in 2024. Akoustis | Return On Asset |
Akoustis Technologies Company Return On Asset Analysis
Akoustis Technologies' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Akoustis Technologies Return On Asset | -0.38 |
Most of Akoustis Technologies' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Akoustis Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Akoustis Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Akoustis Technologies is extremely important. It helps to project a fair market value of Akoustis Stock properly, considering its historical fundamentals such as Return On Asset. Since Akoustis Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Akoustis Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Akoustis Technologies' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Akoustis Total Assets
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Based on the latest financial disclosure, Akoustis Technologies has a Return On Asset of -0.3805. This is 86.83% lower than that of the Electronic Equipment, Instruments & Components sector and 74.29% lower than that of the Information Technology industry. The return on asset for all United States stocks is 171.79% higher than that of the company.
Akoustis Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akoustis Technologies' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Akoustis Technologies could also be used in its relative valuation, which is a method of valuing Akoustis Technologies by comparing valuation metrics of similar companies.Akoustis Technologies is currently under evaluation in return on asset category among its peers.
Akoustis Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Akoustis Technologies from analyzing Akoustis Technologies' financial statements. These drivers represent accounts that assess Akoustis Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Akoustis Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 279.4M | 465.1M | 199.9M | 202.3M | 11.0M | 64.1M | |
| Enterprise Value | 259.0M | 377.2M | 164.2M | 204.6M | 39.4M | 64.1M |
Akoustis Fundamentals
| Return On Equity | -11.53 | ||||
| Return On Asset | -0.38 | ||||
| Operating Margin | (1.24) % | ||||
| Current Valuation | 54.07 M | ||||
| Shares Outstanding | 154.59 M | ||||
| Shares Owned By Insiders | 3.32 % | ||||
| Shares Owned By Institutions | 14.84 % | ||||
| Number Of Shares Shorted | 3.59 M | ||||
| Price To Earning | (7.18) X | ||||
| Price To Book | 0.17 X | ||||
| Price To Sales | 0.62 X | ||||
| Revenue | 27.38 M | ||||
| Gross Profit | (3.12 M) | ||||
| EBITDA | (152.08 M) | ||||
| Net Income | (167.95 M) | ||||
| Cash And Equivalents | 80.48 M | ||||
| Cash Per Share | 1.41 X | ||||
| Total Debt | 52.86 M | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 7.25 X | ||||
| Book Value Per Share | (0.46) X | ||||
| Cash Flow From Operations | (40.35 M) | ||||
| Short Ratio | 0.54 X | ||||
| Earnings Per Share | (1.89) X | ||||
| Target Price | 0.75 | ||||
| Number Of Employees | 117 | ||||
| Beta | 1.69 | ||||
| Market Capitalization | 7.36 M | ||||
| Total Asset | 69.74 M | ||||
| Retained Earnings | (438.51 M) | ||||
| Working Capital | (47.6 M) | ||||
| Current Asset | 2.83 M | ||||
| Current Liabilities | 367 K | ||||
| Net Asset | 69.74 M |
About Akoustis Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Akoustis Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akoustis Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akoustis Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Akoustis Stock Analysis
When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.