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NASDAQ: AKTS
Akoustis Technologies Inc Stock

$0.74-0.03 (-3.9%)
Updated Sep 22, 2023
AKTS Price
$0.74
Fair Value Price
$1.51
Market Cap
$53.47M
52 Week Low
$0.70
52 Week High
$4.96
P/E
-0.74x
P/B
0.62x
P/S
7.46x
PEG
N/A
Dividend Yield
N/A
Revenue
$27.12M
Earnings
-$63.56M
Gross Margin
-11.5%
Operating Margin
-234.81%
Profit Margin
-234.3%
Debt to Equity
0.73
Operating Cash Flow
-$45M
Beta
1.45
Next Earnings
Nov 13, 2023
Ex-Dividend
N/A
Next Dividend
N/A

AKTS Overview

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States. It operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and semiconductor wafer-manufacturing and microelectromechanical systems foundry services. The RF Filters segment consists of amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, Wi-Fi customer premise equipment, and military and defense applications. The company was incorporated in 2013 and is headquartered in Huntersville, North Carolina.

Zen Score

Industry Average (35)
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Due Diligence Checks

AKTS ($0.74) is undervalued by 51.12% relative to our estimate of its Fair Value price of $1.51 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
AKTS ($0.74) is significantly undervalued by 51.12% relative to our estimate of its Fair Value price of $1.51 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
AKTS is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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AKTS News

Valuation

AKTS fair value

Fair Value of AKTS stock based on Discounted Cash Flow (DCF)
Price
$0.74
Fair Value
$1.51
Undervalued by
51.06%
AKTS ($0.74) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
AKTS ($0.74) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
AKTS is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

AKTS price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.74x
Industry
16.83x
Market
14.52x

AKTS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.62x
Industry
3.02x
AKTS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

AKTS's financial health

Profit margin

Revenue
$8.3M
Net Income
-$17.8M
Profit Margin
-213.2%
AKTS's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
AKTS's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$148.9M
Liabilities
$62.7M
Debt to equity
0.73
AKTS's short-term assets ($59.85M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
AKTS's short-term assets ($59.85M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
AKTS's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
AKTS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$8.7M
Investing
-$1.2M
Financing
$272.0k
AKTS's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

AKTS vs Communication Equipment Stocks

TickerMarket Cap1d %P/EP/B
AKTS$53.47M-4.40%-0.74x0.62x
SATX$48.05M+3.48%-0.05x-0.62x
INSG$46.16M-1.25%-1.01x-0.65x
FEIM$63.10M-3.59%-224.00x1.79x
AIRG$40.03M-3.76%-4.09x1.08x

Akoustis Technologies Stock FAQ

What is Akoustis Technologies's quote symbol?

(NASDAQ: AKTS) Akoustis Technologies trades on the NASDAQ under the ticker symbol AKTS. Akoustis Technologies stock quotes can also be displayed as NASDAQ: AKTS.

If you're new to stock investing, here's how to buy Akoustis Technologies stock.

What is the 52 week high and low for Akoustis Technologies (NASDAQ: AKTS)?

(NASDAQ: AKTS) Akoustis Technologies's 52-week high was $4.96, and its 52-week low was $0.70. It is currently -85.09% from its 52-week high and 5.12% from its 52-week low.

How much is Akoustis Technologies stock worth today?

(NASDAQ: AKTS) Akoustis Technologies currently has 72,351,827 outstanding shares. With Akoustis Technologies stock trading at $0.74 per share, the total value of Akoustis Technologies stock (market capitalization) is $53.47M.

Akoustis Technologies stock was originally listed at a price of $4.99 in Jun 4, 2015. If you had invested in Akoustis Technologies stock at $4.99, your return over the last 8 years would have been -85.19%, for an annualized return of -21.24% (not including any dividends or dividend reinvestments).

How much is Akoustis Technologies's stock price per share?

(NASDAQ: AKTS) Akoustis Technologies stock price per share is $0.74 today (as of Sep 22, 2023).

What is Akoustis Technologies's Market Cap?

(NASDAQ: AKTS) Akoustis Technologies's market cap is $53.47M, as of Sep 25, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Akoustis Technologies's market cap is calculated by multiplying AKTS's current stock price of $0.74 by AKTS's total outstanding shares of 72,351,827.
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