AIRGAIN INC (AIRG) Fundamental Analysis & Valuation

NASDAQ:AIRG • US00938A1043

4.03 USD
-0.01 (-0.25%)
Last: Mar 10, 2026, 08:05 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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

Fundamental Rating

3

Taking everything into account, AIRG scores 3 out of 10 in our fundamental rating. AIRG was compared to 124 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.


Dividend Valuation Growth Profitability Health

1

1. AIRG Profitability Analysis

1.1 Basic Checks

  • AIRG had negative earnings in the past year.
  • AIRG had a negative operating cash flow in the past year.
  • AIRG had negative earnings in each of the past 5 years.
  • AIRG had negative operating cash flow in 4 of the past 5 years.
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 0 -5M -10M

1.2 Ratios

  • AIRG has a worse Return On Assets (-13.06%) than 64.52% of its industry peers.
  • With a Return On Equity value of -20.00%, AIRG is not doing good in the industry: 66.13% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -13.06%
ROE -20%
ROIC N/A
ROA(3y)-21.09%
ROA(5y)-16.89%
ROE(3y)-29.79%
ROE(5y)-23.81%
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 0 -10 -20 -30

1.3 Margins

  • Looking at the Gross Margin, with a value of 42.89%, AIRG is in the better half of the industry, outperforming 74.19% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AIRG has declined.
  • 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 42.89%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.24%
GM growth 5Y-2.06%
AIRG Yearly Profit, Operating, Gross MarginsAIRG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

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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.
  • 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 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 20M 40M 60M

2.2 Solvency

  • Based on the Altman-Z score of 0.06, we must say that AIRG is in the distress zone and has some risk of bankruptcy.
  • AIRG has a Altman-Z score of 0.06. This is in the lower half of the industry: AIRG underperforms 75.81% 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 0.06
ROIC/WACCN/A
WACC8.98%
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 0 10M -10M 20M 30M 40M

2.3 Liquidity

  • A Current Ratio of 2.13 indicates that AIRG has no problem at all paying its short term obligations.
  • AIRG's Current ratio of 2.13 is in line compared to the rest of the industry. AIRG outperforms 42.74% of its industry peers.
  • A Quick Ratio of 1.82 indicates that AIRG should not have too much problems paying its short term obligations.
  • AIRG has a Quick ratio of 1.82. This is comparable to the rest of the industry: AIRG outperforms 54.84% of its industry peers.
Industry RankSector Rank
Current Ratio 2.13
Quick Ratio 1.82
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 10M 20M 30M 40M 50M

More info and screens

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

3

3. AIRG Growth Analysis

3.1 Past

  • The earnings per share for AIRG have decreased strongly by -30.77% in the last year.
EPS 1Y (TTM)-30.77%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-19.61%

3.2 Future

  • The Earnings Per Share is expected to grow by 94.16% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 13.63% on average over the next years. This is quite good.
EPS Next Y134.5%
EPS Next 2Y94.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.74%
Revenue Next 2Y13.63%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

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

2

4. AIRG Valuation Analysis

4.1 Price/Earnings Ratio

  • AIRG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Based on the Price/Forward Earnings ratio of 68.71, the valuation of AIRG can be described as expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AIRG is on the same level as its industry peers.
  • AIRG's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.39.
Industry RankSector Rank
PE N/A
Fwd PE 68.71
AIRG Price Earnings VS Forward Price EarningsAIRG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 60

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

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • AIRG's earnings are expected to grow with 94.16% in the coming years. This may justify a more expensive valuation.
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

  • AIRG does not give a dividend.
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 (3/10/2026, 8:05:39 PM)

4.03

-0.01 (-0.25%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-26
Earnings (Next)05-05
Inst Owners29.58%
Inst Owner Change0.24%
Ins Owners9.28%
Ins Owner Change2.33%
Market Cap49.25M
Revenue(TTM)N/A
Net Income(TTM)-5.95M
Analysts82
Price Target6.38 (58.31%)
Short Float %1.4%
Short Ratio2.85
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)2
Avg EPS beat(2)114.53%
Min EPS beat(2)34.64%
Max EPS beat(2)194.41%
EPS beat(4)2
Avg EPS beat(4)30.3%
Min EPS beat(4)-100%
Max EPS beat(4)194.41%
EPS beat(8)4
Avg EPS beat(8)22.43%
EPS beat(12)4
Avg EPS beat(12)-38.31%
EPS beat(16)7
Avg EPS beat(16)161.82%
Revenue beat(2)0
Avg Revenue beat(2)-1.79%
Min Revenue beat(2)-2.76%
Max Revenue beat(2)-0.82%
Revenue beat(4)0
Avg Revenue beat(4)-4.27%
Min Revenue beat(4)-11.1%
Max Revenue beat(4)-0.82%
Revenue beat(8)1
Avg Revenue beat(8)-2.55%
Revenue beat(12)1
Avg Revenue beat(12)-3.12%
Revenue beat(16)2
Avg Revenue beat(16)-2.56%
PT rev (1m)0%
PT rev (3m)-1.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-183.35%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.62%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 68.71
P/S 0.9
P/FCF N/A
P/OCF N/A
P/B 1.66
P/tB 3.23
EV/EBITDA N/A
EPS(TTM)-0.17
EYN/A
EPS(NY)0.06
Fwd EY1.46%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)-0.11
OCFYN/A
SpS4.48
BVpS2.43
TBVpS1.25
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -13.06%
ROE -20%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 42.89%
FCFM N/A
ROA(3y)-21.09%
ROA(5y)-16.89%
ROE(3y)-29.79%
ROE(5y)-23.81%
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 3Y2.24%
GM growth 5Y-2.06%
F-Score5
Asset Turnover1.2
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 7.85%
Cap/Sales 0.53%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.13
Quick Ratio 1.82
Altman-Z 0.06
F-Score5
WACC8.98%
ROIC/WACCN/A
Cap/Depr(3y)11.66%
Cap/Depr(5y)24.56%
Cap/Sales(3y)0.64%
Cap/Sales(5y)0.91%
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%N/A
EPS Next Y134.5%
EPS Next 2Y94.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-19.61%
Revenue Next Year9.74%
Revenue Next 2Y13.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y37.58%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-23.7%
EBIT Next 3Y80.19%
EBIT Next 5YN/A
FCF growth 1Y-328.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-231.98%
OCF growth 3YN/A
OCF growth 5YN/A

AIRGAIN INC / AIRG 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 2 / 10 to AIRGAIN INC (AIRG). This can be considered as Overvalued.


How profitable is AIRGAIN INC (AIRG) stock?

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