Acacia Research Corporation (ACTG)
Total Valuation
ACTG has a market cap or net worth of $527.45 million. The enterprise value is $99.80 million.
Market Cap | 527.45M |
Enterprise Value | 99.80M |
Important Dates
The last earnings date was Thursday, March 14, 2024, after market close.
Earnings Date | Mar 14, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
ACTG has 99.89 million shares outstanding. The number of shares has increased by 117.64% in one year.
Shares Outstanding | 99.89M |
Shares Change (YoY) | +117.64% |
Shares Change (QoQ) | -6.77% |
Owned by Insiders (%) | 2.05% |
Owned by Institutions (%) | 87.24% |
Float | 37.16M |
Valuation Ratios
The trailing PE ratio is 9.19.
PE Ratio | 9.19 |
Forward PE | n/a |
PS Ratio | 4.22 |
Forward PS | 10.77 |
PB Ratio | 0.93 |
P/FCF Ratio | n/a |
PEG Ratio | 10.50 |
Enterprise Valuation
EV / Earnings | 1.81 |
EV / Sales | 0.80 |
EV / EBITDA | 1.21 |
EV / EBIT | 1.48 |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 20.07, with a Debt / Equity ratio of 0.02.
Current Ratio | 20.07 |
Quick Ratio | 18.83 |
Debt / Equity | 0.02 |
Debt / EBITDA | 0.15 |
Debt / FCF | n/a |
Interest Coverage | 34.97 |
Financial Efficiency
Return on equity (ROE) is 12.80% and return on invested capital (ROIC) is 3.69%.
Return on Equity (ROE) | 12.80% |
Return on Assets (ROA) | 9.80% |
Return on Capital (ROIC) | 3.69% |
Revenue Per Employee | $735,894 |
Profits Per Employee | $324,353 |
Employee Count | 170 |
Asset Turnover | 0.22 |
Inventory Turnover | 4.20 |
Taxes
Income Tax | -1.50M |
Effective Tax Rate | -2.80% |
Stock Price Statistics
The stock price has increased by +36.67% in the last 52 weeks. The beta is 0.43, so ACTG's price volatility has been lower than the market average.
Beta (1Y) | 0.43 |
52-Week Price Change | +36.67% |
50-Day Moving Average | 4.25 |
200-Day Moving Average | 3.92 |
Relative Strength Index (RSI) | 84.44 |
Average Volume (30 Days) | 215,503 |
Short Selling Information
The latest short interest is 697,956, so 0.70% of the outstanding shares have been sold short.
Short Interest | 697,956 |
Short Previous Month | 676,342 |
Short % of Shares Out | 0.70% |
Short % of Float | 1.88% |
Short Ratio (days to cover) | 3.83 |
Income Statement
In the last 12 months, ACTG had revenue of $125.10 million and earned $55.14 million in profits. Earnings per share was $0.58.
Revenue | 125.10M |
Gross Profit | 72.27M |
Operating Income | 20.94M |
Pretax Income | 65.56M |
Net Income | 55.14M |
EBITDA | 82.21M |
EBIT | 67.49M |
Earnings Per Share (EPS) | $0.58 |
Balance Sheet
The company has $439.91 million in cash and $12.26 million in debt, giving a net cash position of $427.65 million or $4.28 per share.
Cash & Cash Equivalents | 439.91M |
Total Debt | 12.26M |
Net Cash | 427.65M |
Net Cash Per Share | $4.28 |
Equity / Book Value | 568.27M |
Book Value Per Share | 5.69 |
Working Capital | 526.88M |
Cash Flow
In the last 12 months, operating cash flow was -$22.51 million and capital expenditures -$189,000, giving a free cash flow of -$22.70 million.
Operating Cash Flow | -22.51M |
Capital Expenditures | -189,000 |
Free Cash Flow | -22.70M |
FCF Per Share | -$0.30 |
Margins
Gross margin is 57.77%, with operating and profit margins of 16.74% and 44.08%.
Gross Margin | 57.77% |
Operating Margin | 16.74% |
Pretax Margin | 52.40% |
Profit Margin | 44.08% |
EBITDA Margin | 65.72% |
EBIT Margin | 53.94% |
FCF Margin | -18.14% |
Dividends & Yields
ACTG does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -117.64% |
Shareholder Yield | -117.64% |
Earnings Yield | 10.45% |
FCF Yield | -4.30% |
Analyst Forecast
The average price target for ACTG is $7.00, which is 32.58% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $7.00 |
Price Target Difference | 32.58% |
Analyst Consensus | Strong Buy |
Analyst Count | 1 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on November 19, 2001. It was a forward split with a ratio of 11:10.
Last Split Date | Nov 19, 2001 |
Split Type | Forward |
Split Ratio | 11:10 |
Scores
ACTG has an Altman Z-Score of 8.22 and a Piotroski F-Score of 5.
Altman Z-Score | 8.22 |
Piotroski F-Score | 5 |