AQUA METALS INC (AQMS) Fundamental Analysis & Valuation

NASDAQ:AQMS • US03837J3095

4.66 USD
-0.26 (-5.28%)
At close: Mar 13, 2026
4.67 USD
+0.01 (+0.21%)
After Hours: 3/13/2026, 8:10:05 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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

Fundamental Rating

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We assign a fundamental rating of 1 out of 10 to AQMS. AQMS was compared to 82 industry peers in the Commercial Services & Supplies industry. Both the profitability and financial health of AQMS have multiple concerns. AQMS is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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1. AQMS Profitability Analysis

1.1 Basic Checks

  • In the past year AQMS has reported negative net income.
  • In the past year AQMS has reported a negative cash flow from operations.
  • In the past 5 years AQMS always reported negative net income.
  • In the past 5 years AQMS always reported negative operating cash flow.
AQMS Yearly Net Income VS EBIT VS OCF VS FCFAQMS 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 -10M -20M -30M -40M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -300.06%, AQMS is doing worse than 93.90% of the companies in the same industry.
  • AQMS has a worse Return On Equity (-541.97%) than 85.37% of its industry peers.
Industry RankSector Rank
ROA -300.06%
ROE -541.97%
ROIC N/A
ROA(3y)-70.15%
ROA(5y)-67.68%
ROE(3y)-105.59%
ROE(5y)-93.11%
ROIC(3y)N/A
ROIC(5y)N/A
AQMS Yearly ROA, ROE, ROICAQMS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 -50 -100 -150

1.3 Margins

  • AQMS does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
AQMS Yearly Profit, Operating, Gross MarginsAQMS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20K -40K -60K -80K

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ROAROEROICOperating and Profit MarginShow most profitable peers

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2. AQMS Health Analysis

2.1 Basic Checks

  • AQMS does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • AQMS has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for AQMS has been increased compared to 5 years ago.
  • The debt/assets ratio for AQMS is higher compared to a year ago.
AQMS Yearly Shares OutstandingAQMS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200K 400K 600K
AQMS Yearly Total Debt VS Total AssetsAQMS 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

  • AQMS has an Altman-Z score of -43.38. This is a bad value and indicates that AQMS is not financially healthy and even has some risk of bankruptcy.
  • AQMS's Altman-Z score of -43.38 is on the low side compared to the rest of the industry. AQMS is outperformed by 95.12% of its industry peers.
  • AQMS has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.02, AQMS belongs to the top of the industry, outperforming 81.71% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF N/A
Altman-Z -43.38
ROIC/WACCN/A
WACC9.28%
AQMS Yearly LT Debt VS Equity VS FCFAQMS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M

2.3 Liquidity

  • A Current Ratio of 0.65 indicates that AQMS may have some problems paying its short term obligations.
  • With a Current ratio value of 0.65, AQMS is not doing good in the industry: 82.93% of the companies in the same industry are doing better.
  • AQMS has a Quick Ratio of 0.65. This is a bad value and indicates that AQMS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of AQMS (0.58) is worse than 81.71% of its industry peers.
Industry RankSector Rank
Current Ratio 0.65
Quick Ratio 0.58
AQMS Yearly Current Assets VS Current LiabilitesAQMS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

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

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3. AQMS Growth Analysis

3.1 Past

  • AQMS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.05%, which is quite good.
  • The Revenue for AQMS has decreased by -100.00% in the past year. This is quite bad
EPS 1Y (TTM)9.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.18%
Revenue 1Y (TTM)-100%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

  • AQMS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.66% yearly.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y95.73%
EPS Next 2Y39.14%
EPS Next 3Y25.43%
EPS Next 5Y15.66%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
AQMS Yearly Revenue VS EstimatesAQMS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2025 2026 2027 2028 2029 2030 2031 2032 50M 100M 150M 200M 250M
AQMS Yearly EPS VS EstimatesAQMS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 -50 -100 -150 -200 -250

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4. AQMS Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for AQMS. In the last year negative earnings were reported.
  • Also next year AQMS is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
AQMS Price Earnings VS Forward Price EarningsAQMS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
AQMS Per share dataAQMS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -10 -20 -30

4.3 Compensation for Growth

  • AQMS's earnings are expected to grow with 25.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.14%
EPS Next 3Y25.43%

More info and screens

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

0

5. AQMS Dividend Analysis

5.1 Amount

  • AQMS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

AQMS Fundamentals: All Metrics, Ratios and Statistics

AQUA METALS INC

NASDAQ:AQMS (3/13/2026, 8:10:05 PM)

After market: 4.67 +0.01 (+0.21%)

4.66

-0.26 (-5.28%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)11-12
Earnings (Next)03-30
Inst Owners6.55%
Inst Owner Change63.49%
Ins Owners5.2%
Ins Owner Change3.86%
Market Cap13.89M
Revenue(TTM)N/A
Net Income(TTM)-27.74M
Analysts82.86
Price Target7.14 (53.22%)
Short Float %16.27%
Short Ratio1.27
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 2.71
P/tB 2.77
EV/EBITDA N/A
EPS(TTM)-38.2
EYN/A
EPS(NY)-2.45
Fwd EYN/A
FCF(TTM)-4.62
FCFYN/A
OCF(TTM)-3.67
OCFYN/A
SpS0
BVpS1.72
TBVpS1.68
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -300.06%
ROE -541.97%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-70.15%
ROA(5y)-67.68%
ROE(3y)-105.59%
ROE(5y)-93.11%
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 3YN/A
GM growth 5YN/A
F-Score1
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 239.93%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.65
Quick Ratio 0.58
Altman-Z -43.38
F-Score1
WACC9.28%
ROIC/WACCN/A
Cap/Depr(3y)724.47%
Cap/Depr(5y)497.04%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.18%
EPS Next Y95.73%
EPS Next 2Y39.14%
EPS Next 3Y25.43%
EPS Next 5Y15.66%
Revenue 1Y (TTM)-100%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-5.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year78.21%
EBIT Next 3Y65.71%
EBIT Next 5Y50.34%
FCF growth 1Y-81.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-754.43%
OCF growth 3YN/A
OCF growth 5YN/A

AQUA METALS INC / AQMS FAQ

Can you provide the ChartMill fundamental rating for AQUA METALS INC?

ChartMill assigns a fundamental rating of 1 / 10 to AQMS.


Can you provide the valuation status for AQUA METALS INC?

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


What is the profitability of AQMS stock?

AQUA METALS INC (AQMS) has a profitability rating of 0 / 10.


What is the earnings growth outlook for AQUA METALS INC?

The Earnings per Share (EPS) of AQUA METALS INC (AQMS) is expected to grow by 95.73% in the next year.