AIRGAIN INC (AIRG)
US00938A1043 - Common Stock
Taking everything into account, AIRG scores 3 out of 10 in our fundamental rating. AIRG was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. The financial health of AIRG is average, but there are quite some concerns on its profitability. AIRG does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
AIRG had negative earnings in the past year.
AIRG had a negative operating cash flow in the past year.
In the past 5 years AIRG reported 4 times negative net income.
In multiple years AIRG reported negative operating cash flow during the last 5 years.
1.2 Ratios
AIRG has a Return On Assets of -29.44%. This is in the lower half of the industry: AIRG underperforms 77.78% of its industry peers.
AIRG's Return On Equity of -39.58% is on the low side compared to the rest of the industry. AIRG is outperformed by 75.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -29.44% | ||
| ROE | -39.58% | ||
| ROIC | N/A |
ROA(3y)-20.18%
ROA(5y)-12.96%
ROE(3y)-28.05%
ROE(5y)-17.82%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AIRG has a better Gross Margin (37.06%) than 68.25% of its industry peers.
AIRG's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for AIRG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 37.06% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.34%
GM growth 5Y-3.26%
2. Health
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.
AIRG has more shares outstanding than it did 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.
2.2 Solvency
AIRG has an Altman-Z score of 1.15. This is a bad value and indicates that AIRG is not financially healthy and even has some risk of bankruptcy.
AIRG's Altman-Z score of 1.15 is on the low side compared to the rest of the industry. AIRG is outperformed by 69.05% of its industry peers.
There is no outstanding debt for AIRG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.15 |
ROIC/WACCN/A
WACC9.22%
2.3 Liquidity
AIRG has a Current Ratio of 1.91. This is a normal value and indicates that AIRG is financially healthy and should not expect problems in meeting its short term obligations.
AIRG has a worse Current ratio (1.91) than 65.87% of its industry peers.
AIRG has a Quick Ratio of 1.67. This is a normal value and indicates that AIRG is financially healthy and should not expect problems in meeting its short term obligations.
AIRG has a Quick ratio (1.67) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.67 |
3. Growth
3.1 Past
The earnings per share for AIRG have decreased strongly by -700.00% in the last year.
Looking at the last year, AIRG shows a very negative growth in Revenue. The Revenue has decreased by -26.17% in the last year.
AIRG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.56% yearly.
EPS 1Y (TTM)-700%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-200%
Revenue 1Y (TTM)-26.17%
Revenue growth 3Y4.93%
Revenue growth 5Y-1.56%
Revenue growth Q2Q-49.37%
3.2 Future
The Earnings Per Share is expected to grow by 63.71% on average over the next years. This is a very strong growth
Based on estimates for the next years, AIRG will show a quite strong growth in Revenue. The Revenue will grow by 18.55% on average per year.
EPS Next Y87.25%
EPS Next 2Y63.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.3%
Revenue Next 2Y18.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
AIRG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for AIRG. No positive earnings are expected for the next year.
| 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 AIRG's earnings are expected to grow with 63.71% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y63.71%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AIRG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AIRGAIN INC
NASDAQ:AIRG (5/3/2024, 7:00:00 PM)
5.25
+0.18 (+3.55%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap56.49M
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 | -29.44% | ||
| ROE | -39.58% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 37.06% | ||
| 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 Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.67 | ||
| 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)-700%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y87.25%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-26.17%
Revenue growth 3Y4.93%
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