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AQUESTIVE THERAPEUTICS INC (AQST) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:AQST - US03843E1047 - Common Stock

3.31 USD
-0.03 (-0.9%)
Last: 1/16/2026, 8:00:01 PM
3.3285 USD
+0.02 (+0.56%)
After Hours: 1/16/2026, 8:00:01 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to AQST. AQST was compared to 191 industry peers in the Pharmaceuticals industry. AQST has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, AQST is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year AQST has reported negative net income.
  • AQST had a negative operating cash flow in the past year.
  • AQST had negative earnings in each of the past 5 years.
  • In the past 5 years AQST always reported negative operating cash flow.
AQST Yearly Net Income VS EBIT VS OCF VS FCFAQST 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 -20M -40M -60M

1.2 Ratios

  • AQST has a Return On Assets (-42.14%) which is in line with its industry peers.
Industry RankSector Rank
ROA -42.14%
ROE N/A
ROIC N/A
ROA(3y)-50.85%
ROA(5y)-71.01%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
AQST Yearly ROA, ROE, ROICAQST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 -500 1K

1.3 Margins

  • AQST has a better Gross Margin (60.28%) than 69.79% of its industry peers.
  • AQST's Gross Margin has improved in the last couple of years.
  • The Profit Margin and Operating Margin are not available for AQST so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 60.28%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.74%
GM growth 5Y2.38%
AQST Yearly Profit, Operating, Gross MarginsAQST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

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3

2. Health

2.1 Basic Checks

  • AQST does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for AQST has been increased compared to 1 year ago.
  • The number of shares outstanding for AQST has been increased compared to 5 years ago.
  • The debt/assets ratio for AQST has been reduced compared to a year ago.
AQST Yearly Shares OutstandingAQST Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
AQST Yearly Total Debt VS Total AssetsAQST Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

  • Based on the Altman-Z score of -2.05, we must say that AQST is in the distress zone and has some risk of bankruptcy.
  • AQST has a Altman-Z score (-2.05) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -2.05
ROIC/WACCN/A
WACC10.11%
AQST Yearly LT Debt VS Equity VS FCFAQST Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M

2.3 Liquidity

  • AQST has a Current Ratio of 5.93. This indicates that AQST is financially healthy and has no problem in meeting its short term obligations.
  • AQST's Current ratio of 5.93 is fine compared to the rest of the industry. AQST outperforms 68.23% of its industry peers.
  • AQST has a Quick Ratio of 5.62. This indicates that AQST is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Quick ratio value of 5.62, AQST is doing good in the industry, outperforming 66.15% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 5.93
Quick Ratio 5.62
AQST Yearly Current Assets VS Current LiabilitesAQST Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

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4

3. Growth

3.1 Past

  • AQST shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -61.36%.
  • Looking at the last year, AQST shows a very negative growth in Revenue. The Revenue has decreased by -26.32% in the last year.
  • Measured over the past years, AQST shows a small growth in Revenue. The Revenue has been growing by 1.82% on average per year.
EPS 1Y (TTM)-61.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-7.69%
Revenue 1Y (TTM)-26.32%
Revenue growth 3Y4.23%
Revenue growth 5Y1.82%
Sales Q2Q%-5.43%

3.2 Future

  • Based on estimates for the next years, AQST will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.25% on average per year.
  • The Revenue is expected to grow by 31.25% on average over the next years. This is a very strong growth
EPS Next Y-26.76%
EPS Next 2Y-3.46%
EPS Next 3Y18.56%
EPS Next 5Y19.25%
Revenue Next Year-23.71%
Revenue Next 2Y4.46%
Revenue Next 3Y17.39%
Revenue Next 5Y31.25%

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.
AQST Yearly Revenue VS EstimatesAQST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 200M 400M 600M
AQST Yearly EPS VS EstimatesAQST Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 -0.5 -1 -1.5 -2 -2.5

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0

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for AQST. In the last year negative earnings were reported.
  • Also next year AQST 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
AQST Price Earnings VS Forward Price EarningsAQST 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
AQST Per share dataAQST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 -0.4 -0.6

4.3 Compensation for Growth

  • AQST's earnings are expected to grow with 18.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.46%
EPS Next 3Y18.56%

More info and screens

0

5. Dividend

5.1 Amount

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

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AQUESTIVE THERAPEUTICS INC

NASDAQ:AQST (1/16/2026, 8:00:01 PM)

After market: 3.3285 +0.02 (+0.56%)

3.31

-0.03 (-0.9%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)11-05
Earnings (Next)03-03
Inst Owners53.88%
Inst Owner Change0.37%
Ins Owners4.5%
Ins Owner Change-0.93%
Market Cap403.82M
Revenue(TTM)43.40M
Net Income(TTM)-68.92M
Analysts84
Price Target9.18 (177.34%)
Short Float %19.51%
Short Ratio8.32
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)7.44%
Min EPS beat(2)-3.59%
Max EPS beat(2)18.46%
EPS beat(4)1
Avg EPS beat(4)-15.2%
Min EPS beat(4)-38.41%
Max EPS beat(4)18.46%
EPS beat(8)2
Avg EPS beat(8)-15.3%
EPS beat(12)6
Avg EPS beat(12)0.72%
EPS beat(16)10
Avg EPS beat(16)5.11%
Revenue beat(2)0
Avg Revenue beat(2)-8.18%
Min Revenue beat(2)-13.36%
Max Revenue beat(2)-2.99%
Revenue beat(4)0
Avg Revenue beat(4)-16.45%
Min Revenue beat(4)-30.1%
Max Revenue beat(4)-2.99%
Revenue beat(8)2
Avg Revenue beat(8)-1.61%
Revenue beat(12)5
Avg Revenue beat(12)1.04%
Revenue beat(16)9
Avg Revenue beat(16)4.52%
PT rev (1m)-12.62%
PT rev (3m)2.56%
EPS NQ rev (1m)3.83%
EPS NQ rev (3m)8.62%
EPS NY rev (1m)-0.28%
EPS NY rev (3m)-0.11%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)-0.4%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-0.31%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 9.31
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-0.71
EYN/A
EPS(NY)-0.56
Fwd EYN/A
FCF(TTM)-0.42
FCFYN/A
OCF(TTM)-0.42
OCFYN/A
SpS0.36
BVpS-0.03
TBVpS-0.03
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -42.14%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 60.28%
FCFM N/A
ROA(3y)-50.85%
ROA(5y)-71.01%
ROE(3y)N/A
ROE(5y)N/A
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 3Y-0.74%
GM growth 5Y2.38%
F-Score1
Asset Turnover0.27
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 87.5%
Cap/Sales 1.15%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 5.93
Quick Ratio 5.62
Altman-Z -2.05
F-Score1
WACC10.11%
ROIC/WACCN/A
Cap/Depr(3y)67.19%
Cap/Depr(5y)49.48%
Cap/Sales(3y)2.51%
Cap/Sales(5y)2.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-61.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-7.69%
EPS Next Y-26.76%
EPS Next 2Y-3.46%
EPS Next 3Y18.56%
EPS Next 5Y19.25%
Revenue 1Y (TTM)-26.32%
Revenue growth 3Y4.23%
Revenue growth 5Y1.82%
Sales Q2Q%-5.43%
Revenue Next Year-23.71%
Revenue Next 2Y4.46%
Revenue Next 3Y17.39%
Revenue Next 5Y31.25%
EBIT growth 1Y-166.43%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-77.14%
EBIT Next 3Y12.1%
EBIT Next 5Y29.93%
FCF growth 1Y-956.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-827%
OCF growth 3YN/A
OCF growth 5YN/A

AQUESTIVE THERAPEUTICS INC / AQST FAQ

What is the fundamental rating for AQST stock?

ChartMill assigns a fundamental rating of 2 / 10 to AQST.


What is the valuation status for AQST stock?

ChartMill assigns a valuation rating of 0 / 10 to AQUESTIVE THERAPEUTICS INC (AQST). This can be considered as Overvalued.


How profitable is AQUESTIVE THERAPEUTICS INC (AQST) stock?

AQUESTIVE THERAPEUTICS INC (AQST) has a profitability rating of 1 / 10.


How financially healthy is AQUESTIVE THERAPEUTICS INC?

The financial health rating of AQUESTIVE THERAPEUTICS INC (AQST) is 3 / 10.