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NASDAQ: AKTS
Akoustis Technologies Inc Stock

$0.49-0.02 (-3.92%)
Updated Apr 19, 2024
AKTS Price
$0.49
Fair Value Price
N/A
Market Cap
$48.02M
52 Week Low
$0.45
52 Week High
$3.57
P/E
-0.5x
P/B
0.89x
P/S
2.05x
PEG
N/A
Dividend Yield
N/A
Revenue
$29.71M
Earnings
-$69.15M
Gross Margin
-10.8%
Operating Margin
-233.94%
Profit Margin
-232.8%
Debt to Equity
1.08
Operating Cash Flow
-$43M
Beta
1.56
Next Earnings
May 6, 2024
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 (30)
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Due Diligence Checks

AKTS is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
AKTS is good value based on its book value relative to its share price (0.89x), compared to the US Communication Equipment industry average (2.65x)
P/B vs Industry Valuation
AKTS is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more AKTS due diligence checks available for Premium users.

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AKTS News

Valuation

AKTS fair value

Fair Value of AKTS stock based on Discounted Cash Flow (DCF)
Price
$0.49
Fair Value
$1.48
Undervalued by
66.85%
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
-0.5x
Industry
17.72x
Market
40.51x

AKTS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.89x
Industry
2.65x
AKTS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

AKTS's financial health

Profit margin

Revenue
$7.0M
Net Income
-$15.7M
Profit Margin
-223.9%
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
$111.9M
Liabilities
$58.1M
Debt to equity
1.08
AKTS's short-term assets ($26.02M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
AKTS's long-term liabilities ($43.83M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
AKTS's debt has increased relative... 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
-$11.3M
Investing
-$1.6M
Financing
$0.0
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$48.02M-4.70%-0.50x0.89x
BKTI$47.09M-1.33%-20.55x2.21x
SATX$44.38M-0.19%-1.44x-0.75x
CMTL$52.68M-1.33%-1.09x0.13x
ONDS$54.97M-9.89%-0.95x1.66x

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 $3.57, and its 52-week low was $0.45. It is currently -86.36% from its 52-week high and 8.22% from its 52-week low.

How much is Akoustis Technologies stock worth today?

(NASDAQ: AKTS) Akoustis Technologies currently has 98,602,957 outstanding shares. With Akoustis Technologies stock trading at $0.49 per share, the total value of Akoustis Technologies stock (market capitalization) is $48.02M.

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 -90.24%, for an annualized return of -25.24% (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 $0.49 today (as of Apr 19, 2024).

What is Akoustis Technologies's Market Cap?

(NASDAQ: AKTS) Akoustis Technologies's market cap is $48.02M, as of Apr 20, 2024.

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 $0.49 by AKTS's total outstanding shares of 98,602,957.
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