ARTERIS INC (AIP)
US04302A1043 - Common Stock
AIP gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 276 industry peers in the Software industry. AIP may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, AIP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
AIP had negative earnings in the past year.
AIP had a negative operating cash flow in the past year.
In the past 5 years AIP reported 4 times negative net income.
The reported operating cash flow has been mixed in the past 5 years: AIP reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of -35.87%, AIP is doing worse than 77.37% of the companies in the same industry.
AIP's Return On Equity of -244.13% is on the low side compared to the rest of the industry. AIP is outperformed by 83.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -35.87% | ||
| ROE | -244.13% | ||
| ROIC | N/A |
ROA(3y)-26.33%
ROA(5y)-12.97%
ROE(3y)-120.45%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Gross Margin value of 90.55%, AIP belongs to the best of the industry, outperforming 97.81% of the companies in the same industry.
In the last couple of years the Gross Margin of AIP has declined.
The Profit Margin and Operating Margin are not available for AIP so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 90.55% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.7%
GM growth 5YN/A
2. Health
2.1 Basic Checks
AIP does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, AIP has more shares outstanding
The debt/assets ratio for AIP is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.14, we must say that AIP is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.14, AIP is doing worse than 72.63% of the companies in the same industry.
AIP has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
AIP has a Debt to Equity ratio (0.09) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.14 |
ROIC/WACCN/A
WACC9.91%
2.3 Liquidity
AIP has a Current Ratio of 1.26. This is a normal value and indicates that AIP is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.26, AIP is not doing good in the industry: 64.96% of the companies in the same industry are doing better.
A Quick Ratio of 1.26 indicates that AIP should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.26, AIP is not doing good in the industry: 62.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
AIP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -30.43%.
Looking at the last year, AIP shows a small growth in Revenue. The Revenue has grown by 6.50% in the last year.
The Revenue has been growing by 19.05% on average over the past years. This is quite good.
EPS 1Y (TTM)-30.43%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-50%
Revenue 1Y (TTM)6.5%
Revenue growth 3Y19.05%
Revenue growth 5YN/A
Revenue growth Q2Q11.64%
3.2 Future
Based on estimates for the next years, AIP will show a very strong growth in Earnings Per Share. The EPS will grow by 24.54% on average per year.
Based on estimates for the next years, AIP will show a quite strong growth in Revenue. The Revenue will grow by 14.16% on average per year.
EPS Next Y9.66%
EPS Next 2Y24.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.57%
Revenue Next 2Y14.16%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for AIP. In the last year negative earnings were reported.
Also next year AIP 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
A more expensive valuation may be justified as AIP's earnings are expected to grow with 24.54% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y24.54%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for AIP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ARTERIS INC
NASDAQ:AIP (4/29/2024, 7:00:00 PM)
6.63
-0.07 (-1.04%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap250.95M
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 | -35.87% | ||
| ROE | -244.13% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 90.55% | ||
| 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 Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 | ||
| 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)
Growth
EPS 1Y (TTM)-30.43%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y9.66%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)6.5%
Revenue growth 3Y19.05%
Revenue growth 5Y
Revenue growth 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