META MATERIALS INC (MMAT)
US59134N3026 - Common Stock
Taking everything into account, MMAT scores 2 out of 10 in our fundamental rating. MMAT was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of MMAT have multiple concerns. While showing a medium growth rate, MMAT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year MMAT has reported negative net income.
In the past year MMAT has reported a negative cash flow from operations.
MMAT had negative earnings in each of the past 5 years.
In the past 5 years MMAT always reported negative operating cash flow.
1.2 Ratios
MMAT has a worse Return On Assets (-721.07%) than 97.17% of its industry peers.
Looking at the Return On Equity, with a value of -1815.36%, MMAT is doing worse than 93.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -721.07% | ||
| ROE | -1815.36% | ||
| ROIC | N/A |
ROA(3y)-253.79%
ROA(5y)-164.98%
ROE(3y)-621.15%
ROE(5y)-406.01%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Gross Margin value of 58.98%, MMAT belongs to the best of the industry, outperforming 81.13% of the companies in the same industry.
MMAT's Gross Margin has improved in the last couple of years.
MMAT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 58.98% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y9.45%
2. Health
2.1 Basic Checks
MMAT does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MMAT has been reduced compared to 1 year ago.
Compared to 5 years ago, MMAT has less shares outstanding
MMAT has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -18.49, we must say that MMAT is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -18.49, MMAT is not doing good in the industry: 84.91% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.13 indicates that MMAT is not too dependend on debt financing.
MMAT has a Debt to Equity ratio of 0.13. This is comparable to the rest of the industry: MMAT outperforms 54.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -18.49 |
ROIC/WACCN/A
WACC10.42%
2.3 Liquidity
A Current Ratio of 0.74 indicates that MMAT may have some problems paying its short term obligations.
With a Current ratio value of 0.74, MMAT is not doing good in the industry: 94.34% of the companies in the same industry are doing better.
A Quick Ratio of 0.73 indicates that MMAT may have some problems paying its short term obligations.
MMAT has a Quick ratio of 0.73. This is amonst the worse of the industry: MMAT underperforms 89.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
MMAT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -5779.16%.
Looking at the last year, MMAT shows a very negative growth in Revenue. The Revenue has decreased by -21.93% in the last year.
The Revenue has been growing by 44.15% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-5779.16%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-33374.97%
Revenue 1Y (TTM)-21.93%
Revenue growth 3Y247.39%
Revenue growth 5Y44.15%
Revenue growth Q2Q60.19%
3.2 Future
MMAT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.20% yearly.
Based on estimates for the next years, MMAT will show a very strong growth in Revenue. The Revenue will grow by 175.50% on average per year.
EPS Next Y-5733.33%
EPS Next 2Y39.94%
EPS Next 3Y34.2%
EPS Next 5YN/A
Revenue Next Year312.22%
Revenue Next 2Y289.54%
Revenue Next 3Y175.51%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for MMAT. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for MMAT. 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 MMAT's earnings are expected to grow with 34.20% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.94%
EPS Next 3Y34.2%
5. Dividend
5.1 Amount
MMAT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
META MATERIALS INC
NASDAQ:MMAT (4/26/2024, 7:04:05 PM)
Premarket: 3.02 -0.14 (-4.43%)3.16
+0.15 (+4.98%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap19.94M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
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Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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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 | -721.07% | ||
| ROE | -1815.36% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 58.98% | ||
| 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 Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.73 | ||
| 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)-5779.16%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-5733.33%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-21.93%
Revenue growth 3Y247.39%
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
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EBIT Next 5Y
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