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ASCENT SOLAR TECHNOLOGIES (ASTI) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:ASTI - US0436358040 - Common Stock

4.07 USD
+0.12 (+3.04%)
Last: 1/8/2026, 8:26:57 PM
3.98 USD
-0.09 (-2.21%)
Pre-Market: 1/9/2026, 6:16:09 AM
Fundamental Rating

2

Taking everything into account, ASTI scores 2 out of 10 in our fundamental rating. ASTI was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. ASTI scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ASTI has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year ASTI has reported negative net income.
In the past year ASTI has reported a negative cash flow from operations.
ASTI had negative earnings in 4 of the past 5 years.
ASTI had a negative operating cash flow in each of the past 5 years.
ASTI Yearly Net Income VS EBIT VS OCF VS FCFASTI 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 -10M -20M -30M

1.2 Ratios

ASTI has a worse Return On Assets (-125.68%) than 93.81% of its industry peers.
The Return On Equity of ASTI (-273.49%) is worse than 91.15% of its industry peers.
Industry RankSector Rank
ROA -125.68%
ROE -273.49%
ROIC N/A
ROA(3y)-263.44%
ROA(5y)-163.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ASTI Yearly ROA, ROE, ROICASTI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 -500 1K 1.5K 2K

1.3 Margins

ASTI 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
ASTI Yearly Profit, Operating, Gross MarginsASTI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5K -10K -15K -20K

5

2. Health

2.1 Basic Checks

ASTI does not have a ROIC to compare to the WACC, probably because it is not profitable.
ASTI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ASTI has been increased compared to 5 years ago.
Compared to 1 year ago, ASTI has an improved debt to assets ratio.
ASTI Yearly Shares OutstandingASTI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500K 1M
ASTI Yearly Total Debt VS Total AssetsASTI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M

2.2 Solvency

ASTI has an Altman-Z score of -122.01. This is a bad value and indicates that ASTI is not financially healthy and even has some risk of bankruptcy.
ASTI's Altman-Z score of -122.01 is on the low side compared to the rest of the industry. ASTI is outperformed by 87.61% of its industry peers.
There is no outstanding debt for ASTI. 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 RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z -122.01
ROIC/WACCN/A
WACC10.8%
ASTI Yearly LT Debt VS Equity VS FCFASTI 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

2.3 Liquidity

A Current Ratio of 1.23 indicates that ASTI should not have too much problems paying its short term obligations.
ASTI has a Current ratio of 1.23. This is amonst the worse of the industry: ASTI underperforms 86.73% of its industry peers.
A Quick Ratio of 1.03 indicates that ASTI should not have too much problems paying its short term obligations.
ASTI has a worse Quick ratio (1.03) than 85.84% of its industry peers.
Industry RankSector Rank
Current Ratio 1.23
Quick Ratio 1.03
ASTI Yearly Current Assets VS Current LiabilitesASTI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

1

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 99.08% over the past year.
The Revenue has grown by 36.91% in the past year. This is a very strong growth!
Measured over the past years, ASTI shows a very negative growth in Revenue. The Revenue has been decreasing by -42.03% on average per year.
EPS 1Y (TTM)99.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%53.43%
Revenue 1Y (TTM)36.91%
Revenue growth 3Y-59.05%
Revenue growth 5Y-42.03%
Sales Q2Q%232.56%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
ASTI Yearly Revenue VS EstimatesASTI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M

0

4. Valuation

4.1 Price/Earnings Ratio

ASTI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ASTI Price Earnings VS Forward Price EarningsASTI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

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

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

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

ASCENT SOLAR TECHNOLOGIES

NASDAQ:ASTI (1/8/2026, 8:26:57 PM)

Premarket: 3.98 -0.09 (-2.21%)

4.07

+0.12 (+3.04%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)11-10 2025-11-10
Earnings (Next)03-30 2026-03-30
Inst Owners5.88%
Inst Owner Change0%
Ins Owners4.59%
Ins Owner Change0%
Market Cap14.16M
Revenue(TTM)61.20K
Net Income(TTM)-7.25M
AnalystsN/A
Price TargetN/A
Short Float %14.69%
Short Ratio0.36
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 231.43
P/FCF N/A
P/OCF N/A
P/B 5.34
P/tB 5.36
EV/EBITDA N/A
EPS(TTM)-4.03
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-1.91
FCFYN/A
OCF(TTM)-1.9
OCFYN/A
SpS0.02
BVpS0.76
TBVpS0.76
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -125.68%
ROE -273.49%
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)-263.44%
ROA(5y)-163.06%
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 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.01
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 42.55%
Cap/Sales 52.29%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.23
Quick Ratio 1.03
Altman-Z -122.01
F-Score5
WACC10.8%
ROIC/WACCN/A
Cap/Depr(3y)1432.81%
Cap/Depr(5y)953.02%
Cap/Sales(3y)287.25%
Cap/Sales(5y)181.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)99.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%53.43%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)36.91%
Revenue growth 3Y-59.05%
Revenue growth 5Y-42.03%
Sales Q2Q%232.56%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y13.43%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y51.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y33.16%
OCF growth 3YN/A
OCF growth 5YN/A

ASCENT SOLAR TECHNOLOGIES / ASTI FAQ

Can you provide the ChartMill fundamental rating for ASCENT SOLAR TECHNOLOGIES?

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


What is the valuation status of ASCENT SOLAR TECHNOLOGIES (ASTI) stock?

ChartMill assigns a valuation rating of 0 / 10 to ASCENT SOLAR TECHNOLOGIES (ASTI). This can be considered as Overvalued.


Can you provide the profitability details for ASCENT SOLAR TECHNOLOGIES?

ASCENT SOLAR TECHNOLOGIES (ASTI) has a profitability rating of 0 / 10.


What is the financial health of ASCENT SOLAR TECHNOLOGIES (ASTI) stock?

The financial health rating of ASCENT SOLAR TECHNOLOGIES (ASTI) is 5 / 10.