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NASDAQ: MMAT
Meta Materials Inc Stock

Open Broker Account
$1.85+0.02 (+1.09%)
Updated Dec 2, 2022
MMAT Price
$1.85
Fair Value Price
$1.91
Market Cap
$669.57M
52 Week Low
$0.63
52 Week High
$3.53
P/E
-5.97x
P/B
1.72x
P/S
21.29x
PEG
N/A
Dividend Yield
N/A
Revenue
$11.04M
Earnings
-$93.42M
Gross Margin
73.9%
Operating Margin
-849.19%
Profit Margin
-845.9%
Debt to Equity
0.24
Operating Cash Flow
-$68M
Beta
0.89
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

MMAT Overview

Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Its products include metaAIR, a laser glare protection eyewear; NANOWEB, a transparent conductive film; holoOPTIX, a holographic optical element; glucoWISE, a non-invasive glucose measurement device; and metaSURFACE, which allows an enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans. The company also develops and produces nano-optic structures and color-shifting foils that are used in authentication and brand protection applications in various markets, including banknotes, secure government documents, and commercial branding, as well as engages in the research, development, and manufacture of smart materials. Its customers are OEM providers in various industries, including aerospace, automotive, consumer electronics, communications, energy, banknote and brand security, and medical devices. The company was formerly known as Torchlight Energy Resources, Inc. and changed its name to Meta Materials Inc. in June 2021. Meta Materials Inc. was incorporated in 2007 and is headquartered in Dartmouth, Canada.

Zen Score

Industry Average (39)
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Due Diligence Checks

MMAT ($1.85) is undervalued by 3.37% relative to our estimate of its Fair Value price of $1.91 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MMAT ($1.85) is not significantly undervalued (3.37%) relative to our estimate of its Fair Value price of $1.91 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MMAT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MMAT News

Valuation

MMAT fair value

Fair Value of MMAT stock based on Discounted Cash Flow (DCF)
Price
$1.85
Fair Value
$1.91
Undervalued by
3.37%
MMAT ($1.85) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MMAT ($1.85) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MMAT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MMAT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-5.97x
Industry
19.69x
Market
21.89x

MMAT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.72x
Industry
3.35x
MMAT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MMAT's financial health

Profit margin

Revenue
$2.5M
Net Income
-$24.5M
Profit Margin
-996.5%
MMAT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
MMAT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$482.7M
Liabilities
$93.8M
Debt to equity
0.24
MMAT's short-term assets ($112.68M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MMAT's short-term assets ($112.68M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MMAT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
MMAT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$19.5M
Investing
-$3.0M
Financing
-$253.0k
MMAT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MMAT vs Electronic Component Stocks

TickerMarket Cap1d %P/EP/B
MMAT$669.57M+1.09%-5.97x1.72x
AMOT$581.73M-0.68%36.98x2.89x
WBX$902.82M+0.91%0.06x5.66x
BELFA$424.31M-3.57%9.55x1.80x
RELL$361.85M-1.77%16.07x2.57x

Meta Materials Stock FAQ

What is Meta Materials's quote symbol?

NASDAQ: MMAT) Meta Materials trades on the NASDAQ under the ticker symbol MMAT. Meta Materials stock quotes can also be displayed as NASDAQ: MMAT.

If you're new to stock investing, here's how to buy Meta Materials stock.

What is the 52 week high and low for Meta Materials (NASDAQ: MMAT)?

(NASDAQ: MMAT) Meta Materials's 52-week high was $3.53, and its 52-week low was $0.63. It is currently -47.56% from its 52-week high and 193.65% from its 52-week low.

How much is Meta Materials stock worth today?

(NASDAQ: MMAT) Meta Materials currently has 361,930,468 outstanding shares. With Meta Materials stock trading at $1.85 per share, the total value of Meta Materials stock (market capitalization) is $669.57M.

Meta Materials stock was originally listed at a price of $6.00 in Dec 15, 2010. If you had invested in Meta Materials stock at $6.00, your return over the last 11 years would have been -69.17%, for an annualized return of -10.14% (not including any dividends or dividend reinvestments).

How much is Meta Materials's stock price per share?

(NASDAQ: MMAT) Meta Materials stock price per share is $1.85 today (as of Dec 2, 2022).

What is Meta Materials's Market Cap?

(NASDAQ: MMAT) Meta Materials's market cap is $669.57M, as of Dec 5, 2022.

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

Meta Materials's market cap is calculated by multiplying MMAT's current stock price of $1.85 by MMAT's total outstanding shares of 361,930,468.
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