AIRGAIN INC (AIRG) Fundamental Analysis & Valuation

NASDAQ:AIRG • US00938A1043

Current stock price

6.76 USD
+0.16 (+2.42%)
Last:

This AIRG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. AIRG Profitability Analysis

1.1 Basic Checks

  • In the past year AIRG has reported negative net income.
  • In the past year AIRG has reported a negative cash flow from operations.
  • In the past 5 years AIRG always reported negative net income.
  • In the past 5 years AIRG reported 4 times negative operating cash flow.
AIRG Yearly Net Income VS EBIT VS OCF VS FCFAIRG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -5M -10M

1.2 Ratios

  • The Return On Assets of AIRG (-14.17%) is worse than 70.16% of its industry peers.
  • The Return On Equity of AIRG (-22.72%) is worse than 70.16% of its industry peers.
Industry RankSector Rank
ROA -14.17%
ROE -22.72%
ROIC N/A
ROA(3y)-20.51%
ROA(5y)-18.53%
ROE(3y)-30.11%
ROE(5y)-26.98%
ROIC(3y)N/A
ROIC(5y)N/A
AIRG Yearly ROA, ROE, ROICAIRG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -10 -20 -30

1.3 Margins

  • AIRG has a better Gross Margin (43.54%) than 74.19% of its industry peers.
  • In the last couple of years the Gross Margin of AIRG has remained more or less at the same level.
  • The Profit Margin and Operating Margin are not available for AIRG so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 43.54%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.72%
GM growth 5Y-1.34%
AIRG Yearly Profit, Operating, Gross MarginsAIRG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. AIRG Health Analysis

2.1 Basic Checks

  • AIRG does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for AIRG has been increased compared to 1 year ago.
  • The number of shares outstanding for AIRG has been increased compared to 5 years ago.
  • AIRG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
AIRG Yearly Shares OutstandingAIRG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2M 4M 6M 8M 10M
AIRG Yearly Total Debt VS Total AssetsAIRG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M

2.2 Solvency

  • AIRG has an Altman-Z score of 0.83. This is a bad value and indicates that AIRG is not financially healthy and even has some risk of bankruptcy.
  • AIRG has a Altman-Z score of 0.83. This is in the lower half of the industry: AIRG underperforms 73.39% of its industry peers.
  • AIRG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 0.83
ROIC/WACCN/A
WACC9.9%
AIRG Yearly LT Debt VS Equity VS FCFAIRG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M -10M 20M 30M 40M

2.3 Liquidity

  • AIRG has a Current Ratio of 1.98. This is a normal value and indicates that AIRG is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of AIRG (1.98) is comparable to the rest of the industry.
  • A Quick Ratio of 1.71 indicates that AIRG should not have too much problems paying its short term obligations.
  • AIRG has a Quick ratio (1.71) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.98
Quick Ratio 1.71
AIRG Yearly Current Assets VS Current LiabilitesAIRG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. AIRG Growth Analysis

3.1 Past

  • The earnings per share for AIRG have decreased strongly by -30.77% in the last year.
  • Looking at the last year, AIRG shows a very negative growth in Revenue. The Revenue has decreased by -14.55% in the last year.
  • Measured over the past years, AIRG shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
EPS 1Y (TTM)-30.77%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.21%
Revenue 1Y (TTM)-14.55%
Revenue growth 3Y-11.97%
Revenue growth 5Y1.32%
Sales Q2Q%-19.61%

3.2 Future

  • Based on estimates for the next years, AIRG will show a very strong growth in Earnings Per Share. The EPS will grow by 94.16% on average per year.
  • Based on estimates for the next years, AIRG will show a quite strong growth in Revenue. The Revenue will grow by 13.63% on average per year.
EPS Next Y122.5%
EPS Next 2Y94.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.97%
Revenue Next 2Y13.63%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
AIRG Yearly Revenue VS EstimatesAIRG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M
AIRG Yearly EPS VS EstimatesAIRG Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4 -0.4

More info and screens

Find the best growth stocksShow best growing peers

1

4. AIRG Valuation Analysis

4.1 Price/Earnings Ratio

  • AIRG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • With a Price/Forward Earnings ratio of 176.73, AIRG can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Forward Earnings ratio as AIRG.
  • AIRG is valuated expensively when we compare the Price/Forward Earnings ratio to 22.24, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 176.73
AIRG Price Earnings VS Forward Price EarningsAIRG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 100 150

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
AIRG Per share dataAIRG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

4.3 Compensation for Growth

  • AIRG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as AIRG's earnings are expected to grow with 94.16% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y94.16%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. AIRG Dividend Analysis

5.1 Amount

  • No dividends for AIRG!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

AIRG Fundamentals: All Metrics, Ratios and Statistics

AIRGAIN INC

NASDAQ:AIRG (4/24/2026, 8:20:49 PM)

6.76

+0.16 (+2.42%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-26
Earnings (Next)05-13
Inst Owners29.57%
Inst Owner Change1.08%
Ins Owners17.16%
Ins Owner Change1.95%
Market Cap82.61M
Revenue(TTM)51.78M
Net Income(TTM)-6.43M
Analysts82
Price Target6.25 (-7.54%)
Short Float %1.54%
Short Ratio1.77
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)58.99%
Min EPS beat(2)-76.44%
Max EPS beat(2)194.41%
EPS beat(4)2
Avg EPS beat(4)36.19%
Min EPS beat(4)-76.44%
Max EPS beat(4)194.41%
EPS beat(8)4
Avg EPS beat(8)20.6%
EPS beat(12)4
Avg EPS beat(12)-22.3%
EPS beat(16)7
Avg EPS beat(16)157.2%
Revenue beat(2)0
Avg Revenue beat(2)-4.58%
Min Revenue beat(2)-6.4%
Max Revenue beat(2)-2.76%
Revenue beat(4)0
Avg Revenue beat(4)-3.09%
Min Revenue beat(4)-6.4%
Max Revenue beat(4)-0.82%
Revenue beat(8)1
Avg Revenue beat(8)-3.2%
Revenue beat(12)1
Avg Revenue beat(12)-3.27%
Revenue beat(16)2
Avg Revenue beat(16)-2.9%
PT rev (1m)-2%
PT rev (3m)-3.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-107.14%
EPS NY rev (1m)-34.78%
EPS NY rev (3m)-60.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.79%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 176.73
P/S 1.6
P/FCF N/A
P/OCF N/A
P/B 2.92
P/tB 5.64
EV/EBITDA N/A
EPS(TTM)-0.17
EYN/A
EPS(NY)0.04
Fwd EY0.57%
FCF(TTM)-0.12
FCFYN/A
OCF(TTM)-0.09
OCFYN/A
SpS4.24
BVpS2.31
TBVpS1.2
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA -14.17%
ROE -22.72%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 43.54%
FCFM N/A
ROA(3y)-20.51%
ROA(5y)-18.53%
ROE(3y)-30.11%
ROE(5y)-26.98%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.72%
GM growth 5Y-1.34%
F-Score5
Asset Turnover1.14
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 10.52%
Cap/Sales 0.75%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.98
Quick Ratio 1.71
Altman-Z 0.83
F-Score5
WACC9.9%
ROIC/WACCN/A
Cap/Depr(3y)8.34%
Cap/Depr(5y)13.27%
Cap/Sales(3y)0.55%
Cap/Sales(5y)0.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-30.77%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.21%
EPS Next Y122.5%
EPS Next 2Y94.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-14.55%
Revenue growth 3Y-11.97%
Revenue growth 5Y1.32%
Sales Q2Q%-19.61%
Revenue Next Year6.97%
Revenue Next 2Y13.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y8.19%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year177.39%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y59.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y68.44%
OCF growth 3YN/A
OCF growth 5YN/A

AIRGAIN INC / AIRG Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for AIRGAIN INC?

ChartMill assigns a fundamental rating of 3 / 10 to AIRG.


What is the valuation status for AIRG stock?

ChartMill assigns a valuation rating of 1 / 10 to AIRGAIN INC (AIRG). This can be considered as Overvalued.


Can you provide the profitability details for AIRGAIN INC?

AIRGAIN INC (AIRG) has a profitability rating of 1 / 10.


Can you provide the financial health for AIRG stock?

The financial health rating of AIRGAIN INC (AIRG) is 5 / 10.