Akoustis Technologies Net Worth

Akoustis Technologies Net Worth Breakdown

  AKTS
The net worth of Akoustis Technologies is the difference between its total assets and liabilities. Akoustis Technologies' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Akoustis Technologies' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Akoustis Technologies' net worth can be used as a measure of its financial health and stability which can help investors to decide if Akoustis Technologies is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Akoustis Technologies stock.

Akoustis Technologies Net Worth Analysis

Akoustis Technologies' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Akoustis Technologies' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Akoustis Technologies' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Akoustis Technologies' net worth analysis. One common approach is to calculate Akoustis Technologies' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Akoustis Technologies' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Akoustis Technologies' net worth. This approach calculates the present value of Akoustis Technologies' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Akoustis Technologies' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Akoustis Technologies' net worth. This involves comparing Akoustis Technologies' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Akoustis Technologies' net worth relative to its peers.

Enterprise Value

243.87 Million

To determine if Akoustis Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Akoustis Technologies' net worth research are outlined below:
Akoustis Technologies had very high historical volatility over the last 90 days
Akoustis Technologies has some characteristics of a very speculative penny stock
Akoustis Technologies has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 27.12 M. Net Loss for the year was (63.56 M) with loss before overhead, payroll, taxes, and interest of (3.12 M).
Akoustis Technologies currently holds about 80.48 M in cash with (44.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Akoustis Technologies has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Akoustis to Attend Multiple Conferences in June 2022 - The Globe and Mail

Akoustis Technologies Quarterly Good Will

14.56 Million

Akoustis Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Akoustis Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Akoustis Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of September 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

Know Akoustis Technologies' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Akoustis Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Akoustis Technologies backward and forwards among themselves. Akoustis Technologies' institutional investor refers to the entity that pools money to purchase Akoustis Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Perkins Capital Management Inc2023-12-31
606.7 K
Northern Trust Corp2023-09-30
587.2 K
Needham Investment Management, Llc2023-09-30
500 K
Ubs Group Ag2023-09-30
430.4 K
Awm Investment Company Inc2023-09-30
390 K
Frg Family Wealth Advisors Llc2023-12-31
346.7 K
Renaissance Technologies Corp2023-12-31
325.9 K
Susquehanna International Group, Llp2023-09-30
283.3 K
Mission Wealth Management, Llc2023-09-30
224.7 K
Blackrock Inc2023-09-30
4.7 M
Rima Management, Llc2023-09-30
3.8 M
Note, although Akoustis Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Akoustis Technologies' market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 59.17 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Akoustis Technologies's market, we take the total number of its shares issued and multiply it by Akoustis Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

261.4 Million

Project Akoustis Technologies' profitablity

Akoustis Technologies' profitability indicators refer to fundamental financial ratios that showcase Akoustis Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Akoustis Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Akoustis Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Akoustis Technologies' profitability requires more research than a typical breakdown of Akoustis Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2024
Return on Investment(42.87)(46.25)
Return on Average Assets(2.90)(2.97)
Return on Average Equity(3.00)(3.08)
Return on Invested Capital(0.55)(0.56)
Return on Sales(2.70)(2.92)
The company has Profit Margin (PM) of (2.33) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.14) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.14.
When accessing Akoustis Technologies' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Akoustis Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Akoustis Technologies' profitability and make more informed investment decisions.
The data published in Akoustis Technologies' official financial statements usually reflect Akoustis Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Akoustis Technologies. For example, before you start analyzing numbers published by Akoustis accountants, it's critical to develop an understanding of what Akoustis Technologies' liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Akoustis Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Akoustis Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Akoustis Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Akoustis Technologies. Please utilize our Beneish M Score to check the likelihood of Akoustis Technologies' management manipulating its earnings.

Evaluate Akoustis Technologies' management efficiency

Akoustis Technologies has return on total asset (ROA) of (0.3671) % which means that it has lost $0.3671 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0411) %, meaning that it created substantial loss on money invested by shareholders. Akoustis Technologies' management efficiency ratios could be used to measure how well Akoustis Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to drop to -46.25 in 2024. Return on Average Assets is likely to drop to -2.97 in 2024. At this time, Akoustis Technologies' Average Assets are comparatively stable as compared to the past year. Tangible Asset Value is likely to gain to 9,772 in 2024, whereas Net Current Assets as percentage of Total Assets are likely to drop 85.33 in 2024.
Last ReportedProjected for 2024
Book Value per Share 0  0 
Enterprise Value over EBIT(3.45)(3.72)
Enterprise Value over EBITDA(4.88)(5.26)
Price to Book Value 2.38  2.44 
Tangible Assets Book Value per Share 0  0 
Enterprise Value253.7 M243.9 M
Tangible Asset Value9.5 K9.8 K
The analysis of Akoustis Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Akoustis Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Akoustis Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue
3.118
Revenue
29.7 M
Quarterly Revenue Growth
0.196
Revenue Per Share
0.417
Return On Equity
(1.04)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Akoustis Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Akoustis Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Akoustis Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Akoustis Technologies time-series forecasting models is one of many Akoustis Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Akoustis Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Akoustis Technologies Trailing 12 Months Earnings Estimation Breakdown

The calculation of Akoustis Technologies' trailing earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. It's important to note that the trailing twelve months (TTM) value does not typically align with Akoustis Technologies' fiscal year or quarter-ending earnings period. The next projected TTM EPS of Akoustis Technologies is estimated to be -0.12 with the future projection ranging from a low of -0.16 to a high of -0.08. Please be aware that this consensus of annual earnings estimates for Akoustis Technologies is based on EPS before non-recurring items and includes expenses related to employee stock options.
  Current EPS (TTM)
-0.96
-0.16
Lowest
Expected EPS (TTM)
-0.12
-0.08
Highest

Akoustis Technologies Trailing 12 Months Earnings Projection Consensus

Suppose the current estimates of Akoustis Technologies' value are higher than the current market price of the Akoustis Technologies stock. In this case, investors may conclude that Akoustis Technologies is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Akoustis Technologies' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPS (TTM)Estimated EPS (TTM) for 31st of March 2024
081.98%
-0.96
-0.12

Akoustis Technologies Earnings History

Earnings estimate consensus by Akoustis Technologies analysts from Wall Street is used by the market to judge Akoustis Technologies' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Akoustis Technologies' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Akoustis Technologies Quarterly Gross Profit

681,000

Accumulated Retained Earnings Deficit is likely to drop to about (29.3 K) in 2024. Earning Before Interest and Taxes EBIT is likely to drop to about (29.1 K) in 2024 Weighted Average Shares is likely to gain to about 9.8 M in 2024. Weighted Average Shares Diluted is likely to gain to about 78.9 M in 2024.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Akoustis Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Akoustis Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.030.619.49
Details
Intrinsic
Valuation
LowRealHigh
0.061.1810.06
Details
Naive
Forecast
LowNextHigh
0.010.429.30
Details
5 Analysts
Consensus
LowTargetHigh
2.682.953.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Akoustis Technologies. Your research has to be compared to or analyzed against Akoustis Technologies' peers to derive any actionable benefits. When done correctly, Akoustis Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Akoustis Technologies. Note that many institutional investors and large investment bankers can move markets due to the volume of Akoustis assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Akoustis Technologies. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Akoustis Technologies' stock price in the short term.

Akoustis Technologies Earnings per Share Projection vs Actual

Actual Earning per Share of Akoustis Technologies refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Akoustis Technologies predict the company's earnings will be in the future. The higher the earnings per share of Akoustis Technologies, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Akoustis Technologies Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Akoustis Technologies, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Akoustis Technologies should always be considered in relation to other companies to make a more educated investment decision.

Akoustis Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Akoustis Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-13
2023-12-31-0.18-0.19-0.01
2023-11-13
2023-09-30-0.18-0.26-0.0844 
2023-09-06
2023-06-30-0.17-0.21-0.0423 
2023-05-08
2023-03-31-0.19-0.2-0.01
2023-02-07
2022-12-31-0.25-0.190.0624 
2022-11-14
2022-09-30-0.2-0.28-0.0840 
2022-09-12
2022-06-30-0.19-0.26-0.0736 
2022-05-02
2022-03-31-0.22-0.220.0
2022-01-31
2021-12-31-0.2-0.23-0.0315 
2021-11-01
2021-09-30-0.2-0.25-0.0525 
2021-08-30
2021-06-30-0.19-0.23-0.0421 
2021-05-03
2021-03-31-0.28-0.220.0621 
2021-02-01
2020-12-31-0.23-0.220.01
2020-10-30
2020-09-30-0.23-0.31-0.0834 
2020-08-21
2020-06-30-0.22-0.27-0.0522 
2020-05-01
2020-03-31-0.25-0.210.0416 
2020-01-31
2019-12-31-0.26-0.3-0.0415 
2019-11-07
2019-09-30-0.23-0.3-0.0730 
2019-09-13
2019-06-30-0.26-0.180.0830 
2019-05-10
2019-03-31-0.23-0.31-0.0834 
2019-02-04
2018-12-31-0.24-0.240.0
2018-11-05
2018-09-30-0.27-0.33-0.0622 
2018-08-29
2018-06-30-0.22-0.3-0.0836 
2018-05-15
2018-03-31-0.19-0.190.0
2018-02-14
2017-12-31-0.14-0.27-0.1392 
2017-11-14
2017-09-30-0.18-0.24-0.0633 
2017-09-20
2017-06-30-0.08-0.080.0
2017-05-15
2017-03-31-0.13-0.120.01
2017-02-14
2016-12-31-0.08-0.21-0.13162 
2016-11-04
2016-09-30-0.07-0.132-0.06288 
2016-06-29
2016-03-31-0.08-0.060.0225 
2016-02-16
2015-12-31-0.08-0.080.0

Pair Trading with Akoustis Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akoustis Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akoustis Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Akoustis Stock

  0.73EBON Ebang International Tech BoostPairCorr
The ability to find closely correlated positions to Akoustis Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akoustis Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akoustis Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akoustis Technologies to buy it.
The correlation of Akoustis Technologies is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akoustis Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akoustis Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Akoustis Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Akoustis Technologies is a strong investment it is important to analyze Akoustis Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akoustis Technologies' future performance. For an informed investment choice regarding Akoustis Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akoustis Technologies. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary 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.
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Is Akoustis Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akoustis Technologies. If investors know Akoustis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akoustis Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.96)
Revenue Per Share
0.417
Quarterly Revenue Growth
0.196
Return On Assets
(0.37)
Return On Equity
(1.04)
The market value of Akoustis Technologies is measured differently than its book value, which is the value of Akoustis that is recorded on the company's balance sheet. Investors also form their own opinion of Akoustis Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akoustis Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akoustis Technologies' market value can be influenced by many factors that don't directly affect Akoustis Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akoustis Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akoustis Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akoustis Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.