EMCORE CORP (EMKR)
US2908464017 - Common Stock
We assign a fundamental rating of 2 out of 10 to EMKR. EMKR was compared to 51 industry peers in the Communications Equipment industry. EMKR has a bad profitability rating. Also its financial health evaluation is rather negative. EMKR does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year EMKR has reported negative net income.
In the past year EMKR has reported a negative cash flow from operations.
EMKR had negative earnings in 4 of the past 5 years.
In multiple years EMKR reported negative operating cash flow during the last 5 years.
1.2 Ratios
EMKR has a worse Return On Assets (-64.29%) than 96.08% of its industry peers.
The Return On Equity of EMKR (-133.38%) is worse than 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -64.29% | ||
| ROE | -133.38% | ||
| ROIC | N/A |
ROA(3y)-17.02%
ROA(5y)-17.89%
ROE(3y)-31.94%
ROE(5y)-30.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
EMKR's Gross Margin of 27.48% is on the low side compared to the rest of the industry. EMKR is outperformed by 78.43% of its industry peers.
In the last couple of years the Gross Margin of EMKR has grown nicely.
The Profit Margin and Operating Margin are not available for EMKR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 27.48% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.51%
GM growth 5Y2.09%
2. Health
2.1 Basic Checks
EMKR does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for EMKR has been increased compared to 1 year ago.
EMKR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for EMKR is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -8.08, we must say that EMKR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EMKR (-8.08) is worse than 76.47% of its industry peers.
EMKR has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of EMKR (0.14) is better than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -8.08 |
ROIC/WACCN/A
WACC8.23%
2.3 Liquidity
EMKR has a Current Ratio of 2.88. This indicates that EMKR is financially healthy and has no problem in meeting its short term obligations.
EMKR has a Current ratio of 2.88. This is in the better half of the industry: EMKR outperforms 64.71% of its industry peers.
EMKR has a Quick Ratio of 1.64. This is a normal value and indicates that EMKR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.64, EMKR is in the better half of the industry, outperforming 60.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.88 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
EMKR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 85.73%, which is quite impressive.
EMKR shows a strong growth in Revenue. In the last year, the Revenue has grown by 414.48%.
The Revenue has been growing slightly by 2.68% on average over the past years.
EPS 1Y (TTM)85.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%62.31%
Revenue 1Y (TTM)414.48%
Revenue growth 3Y-3.91%
Revenue growth 5Y2.68%
Sales Q2Q%-23.46%
3.2 Future
The Earnings Per Share is expected to grow by 38.95% on average over the next years. This is a very strong growth
Based on estimates for the next years, EMKR will show a decrease in Revenue. The Revenue will decrease by -6.42% on average per year.
EPS Next Y84.79%
EPS Next 2Y38.95%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-18.21%
Revenue Next 2Y-6.42%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for EMKR. In the last year negative earnings were reported.
Also next year EMKR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
EMKR's earnings are expected to grow with 38.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38.95%
EPS Next 3YN/A
5. Dividend
5.1 Amount
EMKR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
EMCORE CORP
NASDAQ:EMKR (11/21/2024, 7:19:29 PM)
After market: 2.9699 +0.01 (+0.33%)2.96
+0.04 (+1.37%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap26.85M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -64.29% | ||
| ROE | -133.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 27.48% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.88 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)85.73%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y84.79%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)414.48%
Revenue growth 3Y-3.91%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y