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Akoustis Technologies Inc AKTS

Morningstar Rating
$0.56 −0.05 (8.03%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

AKTS is trading at a 48% discount.
Price
$0.61
Fair Value
$3.92
Uncertainty
Extreme
1-Star Price
$1.45
5-Star Price
$9.89
Economic Moat
Zdc
Capital Allocation
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News

Trading Information

Previous Close Price
$0.60
Day Range
$0.560.59
52-Week Range
$0.463.57
Bid/Ask
$0.56 / $0.56
Market Cap
$54.77 Mil
Volume/Avg
332,087 / 773,323

Key Statistics

Price/Earnings (Normalized)
Price/Sales
1.33
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
Sector
Technology
Industry
Communication Equipment
Stock Style Box
Small Core
Total Number of Employees
222

Comparables

Valuation

Metric
AKTS
AEVA
VPG
Price/Earnings (Normalized)
16.74
Price/Book Value
0.780.721.35
Price/Sales
1.3332.961.28
Price/Cash Flow
9.75
Price/Earnings
AKTS
AEVA
VPG

Financial Strength

Metric
AKTS
AEVA
VPG
Quick Ratio
1.2412.052.28
Current Ratio
1.8212.463.94
Interest Coverage
−34.0510.26
Quick Ratio
AKTS
AEVA
VPG

Profitability

Metric
AKTS
AEVA
VPG
Return on Assets (Normalized)
−45.72%−39.81%6.18%
Return on Equity (Normalized)
−80.00%−43.02%9.29%
Return on Invested Capital (Normalized)
−49.13%−45.09%7.85%
Return on Assets
AKTS
AEVA
VPG
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Communication Equipment Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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MSI
Motorola Solutions IncGhywfjhlPgw$57.5 Bil
HPE
Hewlett Packard Enterprise CoYwmjxkshyRtzg$22.0 Bil
NOK
Nokia Oyj ADRRtwjsbvXxvdy$20.5 Bil
NOKBF
Nokia OyjQyxx$19.0 Bil
ERIXF
Telefonaktiebolaget L M Ericsson Class BZQSRzcj$17.7 Bil
ERIC
Telefonaktiebolaget L M Ericsson ADRDybcqkrftHxqcm$17.7 Bil
ZTCOF
ZTE Corp Class HGzkdm$17.3 Bil
ZBRA
Zebra Technologies Corp Class AQhytshyyNpdgkjf$14.3 Bil
SATS
EchoStar Corp Class AXlpTzld$4.2 Bil

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