Akoustis Technologies Inc.Find Ratings Reports
AKOUSTIS TECHNOLOGIES INC's gross profit margin for the second quarter of its fiscal year 2020 has significantly increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line.
During the same period, stockholders' equity ("net worth") has increased by 20.91% from the same quarter last year.
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|Income Statement||Q2 FY20||Q2 FY19|
|Net Sales ($mil)||0.52||0.32|
|Net Income ($mil)||-9.31||-6.75|
|Balance Sheet||Q2 FY20||Q2 FY19|
|Cash & Equiv. ($mil)||46.25||42.08|
|Total Assets ($mil)||69.31||57.56|
|Total Debt ($mil)||20.99||16.97|
|Profitability||Q2 FY20||Q2 FY19|
|Gross Profit Margin||-1390.15||-1777.09|
|Return on Assets||-48.31||-44.48|
|Return on Equity||-75.76||-70.06|
|Debt||Q2 FY20||Q2 FY19|
|Share Data||Q2 FY20||Q2 FY19|
|Shares outstanding (mil)||36.21||29.91|
|Div / share||0.0||0.0|
|Book value / share||1.22||1.22|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||526016.0||304382.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 3.74 indicates a premium versus the S&P 500 average of 2.73 and a premium versus the subsector average of 3.37. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium. Upon assessment of these and other key valuation criteria, AKOUSTIS TECHNOLOGIES INC seems to be trading at a premium to investment alternatives.
|AKTS NM||Peers 21.27||AKTS NM||Peers 12.52|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
AKTS's P/E is negative making this valuation measure meaningless.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
AKTS's P/CF is negative making the measure meaningless.
|AKTS NM||Peers 18.23||AKTS NA||Peers 1.08|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
AKTS's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|AKTS 3.74||Peers 3.37||AKTS 0.00||Peers -8.86|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
AKTS is trading at a premium to its peers.
Neutral. Higher earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
The growth rate for AKTS is not available.
|AKTS 88.30||Peers 2.26||AKTS 69.97||Peers 16.77|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
AKTS is trading at a significant premium to its subsector.
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share.
AKTS has a sales growth rate that significantly exceeds its peers.