EMCORE Corporation (EMKR)

NASDAQ: EMKR · IEX Real-Time Price · USD
2.55
-0.58 (-18.53%)
At close: Aug 10, 2022 4:00 PM
2.58
+0.03 (1.18%)
After-hours: Aug 10, 2022 7:43 PM EDT

Total Valuation

EMCORE has a market cap or net worth of $95.68 million. The enterprise value is $35.15 million.

Market Cap 95.68M
Enterprise Value 35.15M

Important Dates

The latest earnings date was Tuesday, August 9, 2022, after market close.

Last Earnings Date Aug 9, 2022
Ex-Dividend Date n/a

Share Statistics

EMCORE has 37.52 million shares outstanding. The number of shares has increased by 8.03% in one year.

Shares Outstanding 37.52M
Shares Change (YoY) +8.03%
Shares Change (QoQ) +0.72%
Owned by Insiders (%) 7.36%
Owned by Institutions (%) 69.63%
Float 29.98M

Valuation Ratios

The trailing PE ratio is 5.10 and the forward PE ratio is 8.29. EMCORE's PEG ratio is 1.08.

PE Ratio 5.10
Forward PE 8.29
PS Ratio 0.59
Forward PS 0.70
PB Ratio 0.68
P/FCF Ratio 6.19
PEG Ratio 1.08
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 1.50, with a EV/FCF ratio of 2.27.

EV / Earnings 1.86
EV / Sales 0.22
EV / EBITDA 1.50
EV / EBIT 1.82
EV / FCF 2.27

Financial Position

The company has a current ratio of 5.39, with a Debt / Equity ratio of 0.15.

Current Ratio 5.39
Quick Ratio 4.05
Debt / Equity 0.15
Debt / EBITDA 0.87
Debt / FCF 1.32

Financial Efficiency

Return on equity (ROE) is 13.70% and return on invested capital (ROIC) is 19.50%.

Return on Equity (ROE) 13.70%
Return on Assets (ROA) 10.20%
Return on Capital (ROIC) 19.50%
Revenue Per Employee $442,460
Profits Per Employee $51,723
Employee Count 365
Asset Turnover 0.88
Inventory Turnover 3.54

Taxes

In the past 12 months, EMCORE has paid $362,000 in taxes.

Income Tax 362,000
Effective Tax Rate 1.88%

Stock Price Statistics

The stock price has decreased by -68.99% in the last 52 weeks. The beta is 1.25, so EMCORE's price volatility has been higher than the market average.

Beta (1Y) 1.25
52-Week Price Change -68.99%
50-Day Moving Average 3.25
200-Day Moving Average 3.68
Average Volume (30 Days) 463,295

Short Selling Information

The latest short interest is 380,320, so 1.01% of the outstanding shares have been sold short.

Short Interest 380,320
Short % of Shares Out 1.01%
Short % of Float 1.27%
Short Ratio (days to cover) 0.72

Income Statement

In the last 12 months, EMCORE had revenue of $161.50 million and earned 18.88 million in profits. Earnings per share was $0.50.

Revenue 161.50M
Gross Profit 59.10M
Operating Income 12.08M
Pretax Income 19.24M
Net Income 18.88M
EBITDA 23.37M
EBIT 19.26M
Earnings Per Share (EPS) $0.50
Full Income Statement

Balance Sheet

The company has $80.95 million in cash and $20.42 million in debt, giving a net cash position of $60.53 million or $1.61 per share.

Cash & Cash Equivalents 80.95M
Total Debt 20.42M
Net Cash 60.53M
Net Cash Per Share $1.61
Book Value 139.78M
Book Value Per Share 3.73
Working Capital 117.25M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $20.92 million and capital expenditures -$5.45 million, giving a free cash flow of $15.47 million.

Operating Cash Flow 20.92M
Capital Expenditures -5.45M
Free Cash Flow 15.47M
FCF Per Share $0.41
Full Cash Flow Statement

Margins

Gross margin is 36.59%, with operating and profit margins of 7.48% and 11.69%.

Gross Margin 36.59%
Operating Margin 7.48%
Pretax Margin 11.91%
Profit Margin 11.69%
EBITDA Margin 14.47%
EBIT Margin 11.93%
FCF Margin 9.58%

Dividends & Yields

EMCORE does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 19.73%
FCF Yield 16.17%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -8.03%
Shareholder Yield -8.03%
Dividend Details

Analyst Forecast

The average price target for EMCORE is $4.85, which is 90.20% higher than the current price. The consensus rating is "Buy".

Price Target $4.85
Price Target Difference 90.20%
Analyst Consensus Buy
Analyst Count 10
Stock Forecasts

Stock Splits

The last stock split was on February 16, 2012. It was a reverse split with a ratio of 1:4.

Last Split Date Feb 16, 2012
Split Type Reverse
Split Ratio 1:4