EMCORE Corporation (EMKR)
NASDAQ: EMKR · Real-Time Price · USD
2.290
+0.060 (2.69%)
Oct 11, 2024, 4:00 PM EDT - Market closed

EMCORE Statistics

Total Valuation

EMCORE has a market cap or net worth of $20.76 million. The enterprise value is $43.27 million.

Market Cap 20.76M
Enterprise Value 43.27M

Important Dates

The last earnings date was Tuesday, August 6, 2024, after market close.

Earnings Date Aug 6, 2024
Ex-Dividend Date n/a

Share Statistics

EMCORE has 9.07 million shares outstanding. The number of shares has increased by 95.00% in one year.

Shares Outstanding 9.07M
Shares Change (YoY) +95.00%
Shares Change (QoQ) +1.34%
Owned by Insiders (%) 27.55%
Owned by Institutions (%) 9.40%
Float 6.57M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.21
Forward PS 0.24
PB Ratio 0.40
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.48
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.88, with a Debt / Equity ratio of 0.59.

Current Ratio 2.88
Quick Ratio 1.32
Debt / Equity 0.59
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -39.06

Financial Efficiency

Return on equity (ROE) is -66.64% and return on invested capital (ROIC) is -8.61%.

Return on Equity (ROE) -66.64%
Return on Assets (ROA) -7.00%
Return on Capital (ROIC) -8.61%
Revenue Per Employee $245,178
Profits Per Employee -$187,906
Employee Count 371
Asset Turnover 0.65
Inventory Turnover 2.14

Taxes

Income Tax -20,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -55.36% in the last 52 weeks. The beta is 1.56, so EMCORE's price volatility has been higher than the market average.

Beta (5Y) 1.56
52-Week Price Change -55.36%
50-Day Moving Average 1.31
200-Day Moving Average 2.56
Relative Strength Index (RSI) 70.93
Average Volume (20 Days) 1,994,660

Short Selling Information

The latest short interest is 70,314, so 0.78% of the outstanding shares have been sold short.

Short Interest 70,314
Short Previous Month 43,325
Short % of Shares Out 0.78%
Short % of Float 1.07%
Short Ratio (days to cover) 0.05

Income Statement

In the last 12 months, EMCORE had revenue of $90.96 million and -$69.71 million in losses. Loss per share was -$8.21.

Revenue 90.96M
Gross Profit 21.24M
Operating Income -15.70M
Pretax Income -65.60M
Net Income -69.71M
EBITDA -12.16M
EBIT -15.70M
Loss Per Share -$8.21
Full Income Statement

Balance Sheet

The company has $8.48 million in cash and $30.99 million in debt, giving a net cash position of -$22.51 million or -$2.48 per share.

Cash & Cash Equivalents 8.48M
Total Debt 30.99M
Net Cash -22.51M
Net Cash Per Share -$2.48
Equity (Book Value) 52.27M
Book Value Per Share 5.77
Working Capital 44.21M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$23.96 million and capital expenditures -$609,000, giving a free cash flow of -$24.56 million.

Operating Cash Flow -23.96M
Capital Expenditures -609,000
Free Cash Flow -24.56M
FCF Per Share -$2.71
Full Cash Flow Statement

Margins

Gross margin is 23.35%, with operating and profit margins of -17.26% and -76.64%.

Gross Margin 23.35%
Operating Margin -17.26%
Pretax Margin -57.77%
Profit Margin -76.64%
EBITDA Margin -13.36%
EBIT Margin -17.26%
FCF Margin -26.87%

Dividends & Yields

EMCORE 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 -95.00%
Shareholder Yield -95.00%
Earnings Yield -335.76%
FCF Yield -118.31%
Dividend Details

Analyst Forecast

The average price target for EMCORE is $3.00, which is 31.00% higher than the current price. The consensus rating is "Buy".

Price Target $3.00
Price Target Difference 31.00%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 2, 2024. It was a reverse split with a ratio of 0.1:1.

Last Split Date Apr 2, 2024
Split Type Reverse
Split Ratio 0.1:1

Scores

EMCORE has an Altman Z-Score of -8.18 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -8.18
Piotroski F-Score 4